| Business Summary | | Alcohol
Sensors
International,
Ltd.
designs,
markets
and
sells
electronic
motor
vehicle
aftermarket
safety
products,
including
a
patent-pending
line
of
breath
alcohol
ignition
interlock
devices
(BAIID)
under
the
Sens-O-Lock
brand
name.
The
Company's
Sens-O-Lock
BAIID
equipment
is
designed
to
detect,
evaluate
and
assist
in
the
prevention
of
an
alcohol
impaired
driver
operating
a
vehicle.
The
Company
also
markets
and
sells,
under
the
WeatherEye
brand
name,
a
line
of
modular
products
designed
to
automatically
engage
and
adjust
the
headlights
and
taillights
of
automobiles
depending
upon
weather
and
sunlight
conditions.
On
May
7,
1999,
the
Company
filed
a
petition
for
relief
under
Chapter
11
of
the
United
States
Bankruptcy
Code
with
the
United
States
Bankruptcy
Court
for
the
Eastern
District
of
New
York.
At
or
about
the
time
the
Company
filed
its
bankruptcy
petition,
it
also
filed
its
Plan
of
Reorganization
and
Disclosure
Statement. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alcohol
Sensors
International,
Ltd.
designs,
markets
and
sells
electronic
motor
vehicle
after-market
safety
products,
including
a
patent-pending
line
of
breath
alcohol
ignition
interlock
devices.
For
the
nine
months
ended
9/98,
net
sales
fell
2%
to
$64
thousand.
Net
loss
applicable
to
Common
fell
18%
to
$1.9
million.
Revenues
reflect
lower
sales
of
Sens-O-Lock
units.
Lower
loss
reflects
lower
selling,
general
and
administrative
expenses
as
a
result
of
reduced
staff
levels. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Edward Gould | Pres | Rose-Marie Massimillo | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|