| Business Summary | | Tech
Laboratories,
Inc.
manufactures
and
sells
various
electrical
and
electronic
components.
During
2000,
the
Company
marketed
and
continued
to
develop
its
DynaTraX
high-speed
digital
switch
matrix
system,
an
electronic
switching
unit.
This
equipment
manages
voice,
video
and
data
transmissions
on
a
network.
Through
its
subsidiary,
Tech
Logistics,
Inc.,
the
Company
has
been
manufacturing
and
marketing
under
its
exclusive
license,
an
infrared
perimeter
intrusion
and
anti-terrorist
detection
system.
The
Company
also
manufactures
and
sells
standard
and
customized
transformers,
test
equipment
and
rotary
switches.
In
addition,
the
Company
acts
as
a
contract
manufacturer
for
other
companies
and
produces,
on
an
original
equipment
manufacturer
basis,
electronic
and
electrical
assemblies,
printed
circuit
board
assemblies,
cable
and
harness
assemblies
and
specialized
electronic
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tech
Laboratories,
Inc.
manufactures
and
sells
various
electrical
and
electronic
components
such
as
customized
transformers,
test
equipment
and
rotary
switches.
For
the
three
months
ended
3/31/01,
revenues
decreased
35%
to
$206
thousand.
Net
loss
totaled
$196
thousand,
vs.
an
income
of
$50
thousand.
Revenues
reflect
the
delayed
sales
of
the
DynaTrax(TM)
products.
Net
loss
also
reflects
increased
costs
incurred
to
expand
the
Company's
markets. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
154;
after
tax
earnings
were
-49. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bernard Ciongoli, 53 Chairman,
Pres, CFO, Treasurer | $125K | Earl Bjorndal, 48 VP,
Director | -- | Carmine Pellosie, Jr., 57 Sec.,
Director | -- | 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
|
|