| Business Summary | | Evercel,
Inc.
manufactures
rechargeable
nickel-zinc
batteries.
Evercel
is
producing
batteries
(comparable
in
size
to
average
car
batteries)
in
the
United
States
for
use
with
electric
trolling
motors.
The
Company
is
also
producing
smaller
batteries
for
the
scooter
market
through
its
joint
venture
in
Xiamen,
PRC.
The
Company
has
received
a
commercial
order
from
Oxygen,
S.p.A.,
an
affiliated
manufacturer
and
distributor
of
electric
vehicles,
for
its
rechargeable
nickel-zinc
batteries
for
scooters
in
Italy.
During
2001,
the
Company
intends
to
manufacture
and
sell
its
rechargeable
nickel-zinc
batteries
principally
in
two
markets:
the
electric
trolling
motor
market
and
the
scooter
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Evercel,
Inc.
is
engaged
in
the
manufacturing
and
designing
of
patented
nickel-zinc
rechargable
betteries
and
other
advanced
battery
technologies.
For
the
six
months
ended
6/30/01,
revenues
totaled
$688
thousand,
up
from
$64
thousand.
Net
loss
applicable
to
common
stockholders
totaled
$9.7
million,
up
from
$4.7
million.
Revenues
reflect
the
sales
of
scooter
and
marine
batteries.
Earnings
were
offset
by
increased
personnel
costs
and
other
manufacturing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Gerson, 57 Chairman | -- | Garry Prime Pres,
CEO | -- | Daniel Samela, 52 CFO,
Treasurer, Sec. | -- | Allen Charkey, 59 Exec.
VP, COO | $167K | Chao Ming Huang VP
of Far East Operations | -- | Dollar amounts are as of 31-Oct-2000 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
|
|