| Business Summary | | TechSys,
Inc.
is
currently
engaged
in
the
dry
cleaning
service
industry.
The
dry
cleaning
activities
conducted
by
the
Company
are
performed
by
Valet-USA,
Inc.
a
wholly
owned
subsidiary.
The
Company
was
primarily
engaged
in
the
business
of
providing
dialysis
related
services,
training,
equipment
and
supplies
to
patients
at
home,
in
prisons
and
in
hospitals.
The
Company
also
provided
acute
dialysis
nursing
services
and
administrative
services
as
well
as
consulting
services
under
agreement.
On
July
18,
2000,
the
Company
announced
the
reorganization
and
reorientation
strategy
of
the
Company
to
focus
on
investing
in
and
acquiring
information
technology
businesses
namely,
software
solutions
and
Web-based
call
centers,
with
particular
emphasis
on
such
businesses
located
in
India. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TechSys,
Inc.
acquires
and
invests
in
information
technology
companies,
primarily
in
India.
The
Company
also
owns
and
operates
a
dry
cleaning
store.
For
the
three
months
ended
3/31/01,
revenues
decreased
17%
to
$330
thousand.
Net
loss
before
discontinued
operations
decreased
87%
to
$206
thousand.
Revenues
reflect
the
expiration
of
a
consulting
agreement.
Lower
loss
reflects
the
absence
of
a
$1
million
stock
compensation
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Steven Trenk, 46 Chairman,
Pres, COO | $250K | Mark Raab, 36 CFO,
Treasurer, Sec. | -- | 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
|
|