| Business Summary | | QSound
Labs,
Inc.
develops
and
markets
various
localization
sound
technology
and
Internet
services.
The
Company
has
developed
proprietary,
patent-protected
audio
solutions
that
include
virtual
surround
sound,
positional
audio
and
stereo
enhancement
for
the
consumer
electronics,
multimedia
PC,
Internet
and
healthcare
markets.
The
Company's
audio
technologies
create
3-D
audio
environments,
allowing
consumers
to
receive
stereo
surround
sound
from
just
two
speakers.
The
Company
operated
in
two
segments:
Audio
Projects
and
E-Commerce
Products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | QSound
Labs,
Inc.
provides
3D
audio
solutions
for
the
PC/Multimedia,
consumer
electronics,
home
entertainment,
video
game,
professional
audio
and
hearing-aid
industries.
For
the
three
months
ended
3/31/01,
total
revenues
increased
1%
to
$843
thousand.
Net
loss
before
U.S.
GAAP
fell
68%
to
$179
thousand.
Revenues
reflect
an
increase
in
royalties,
license
fees
and
product
sales.
Lower
loss
reflects
a
decrease
in
marketing
and
product
engineering
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
821;
after
tax
earnings
were
-160. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | David Gallagher | Pres,
CEO | Francis Munoz | Exec.
VP | Joanna Varvos | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|