| Business Summary | | Xetel
Corporation
provides
customized
manufacturing
solutions
to
original
equipment
manufacturers,
primarily
in
the
networking,
computer
and
telecommunications
industries.
The
Company's
design
and
prototype
services
support
customers
in
the
product
development
phase
and
assist
in
their
efforts
to
reduce
time
to
market
and
time
to
volume,
as
well
as
production
costs.
In
its
assembly
operations,
the
Company
employs
advanced
surface
mount
technologies
and
manufacturing
processes.
Xetel
has
also
developed
production
capabilities
using
advanced
packaging
technologies,
such
as
flip
chip
and
chip-scale
packages.
The
Company
incorporates
its
design
and
prototype
services
and
assembly
capabilities,
together
with
materials
management,
advanced
testing,
systems
integration
and
order
fulfillment
services,
to
provide
turnkey
solutions
for
its
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Xetel
provides
advanced
design
and
prototype
services
and
complex
electronics
manufacturing
assembly
capabilities
together
with
materials
management,
and
systems
integration
services
for
original
equipment
manufacturers
in
the
computer
and
telecommunications
industries.
For
the
fiscal
year
ended
3/31/01,
net
sales
rose
64%
to
$192.9
million.
Net
income
totaled
$5.5
million,
up
from
$1.5
million.
Results
reflect
increased
unit
production
and
a
change
in
the
mix
of
services. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
39,400;
after
tax
earnings
were
81. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | Ronald
W. Guire,
Chmn. Angelo
A. DeCaro
Jr.,
Pres./CEO David
Osowski,
CFO/VP Julian
C. Hart,
Sr. VP/CTO/Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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