| Business Summary | | Electrosource,
Inc.
is
an
energy
storage
solutions
company
engaged
in
the
manufacture
of
advanced
lead-acid,
rechargeable
storage
batteries
and
the
development
of
related
processes
and
technologies.
The
Company
is
focusing
its
efforts
on
the
development
of
its
Horizon
battery
technology
for
use
in
many
applications,
including
hybrid
power
vehicles,
electric
vehicles,
neighborhood
electric
vehicles,
electric
scooters,
lawn
and
garden
tools,
power
management
and
starting
power.
The
Horizon
battery
utilizes
plate
grids
made
from
a
patented
co-extruded
wire
and
a
special
paste
mixture,
both
of
which
the
Company
holds
exclusive
licenses
for
development
and
exploitation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Electrosource,
Inc.
is
an
energy
storage
solutions
company
engaged
in
the
manufacture
of
advanced
lead-acid,
rechargeable
storage
batteries
and
the
development
of
related
processes
and
technologies.
For
the
nine
months
ended
9/00,
revenues
rose
45%
to
$2.4
million.
Net
loss
fell
23%
to
$2.1
million.
Revenues
reflect
the
agreements
with
Frazer-Nash
Research
Limited
and
Frazer-Nash
Research,
Inc.
Lower
loss
also
benefitted
from
lower
R
and
D
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Benny Jay, 61 Chairman,
Pres, CEO | $111K | Donald Perriello, 51 VP-Fin.,
Treasurer | -- | Chris Morris, 54 VP,
COO | 116K | Ajoy Datta Technical
VP | 108K | 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
|
|