| Business Summary | | Air
Packaging
Technologies,
Inc.
is
engaged
in
the
manufacturing,
distribution,
marketing,
and
continued
development
of
inflatable,
protective
packaging
for
use
in
shipment
of
higher
end
fragile
products.
The
Company
holds
worldwide
patents
on
a
packaging
system
that
utilizes
chambered
packing
material,
which
provides
an
Air
Box
cushion
around
shipments.
The
Company's
Air
Box
system
competes
favorably
against
materials
like
bubble
wrap,
urethane
foam,
etc.,
in
terms
of
protection,
ease
of
use
and
storage,
for
shipment
of
higher
value
items
throughout
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Air
Packaging
Technologies,
Inc.
is
engaged
in
the
manufacturing,
distribution,
marketing
and
continued
development
of
inflatable,
protective
packaging
for
use
in
the
shipment
of
higher
end
fragile
products.
For
the
six
months
ended
6/30/01,
revenues
totaled
$1.1
million,
up
from
$338
thousand.
Net
loss
fell
21%
to
$1.5
million.
Revenues
reflect
the
sales
made
to
3
million.
Lower
loss
was
partially
offset
by
higher
salaries
and
increased
stock-based
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Donald Ochacher, 62 Chairman,
Pres, CEO | $43K | Janet Maxey, 36 CFO | -- | Garry Newman, 49 VP
of Manufacturing and Engineering | -- | Elwood Trotter, 57 VP,
Special Projects | 109K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|