| Business Summary | | Proton
Energy
Systems,
Inc.
designs,
develops,
and
manufactures
proton
exchange
membrane
(PEM)
electrochemical
products.
The
Company's
proprietary
PEM
technology
is
embodied
in
two
families
of
products:
hydrogen
generators
and
regenerative
fuel
cell
systems.
Its
hydrogen
generators
produce
hydrogen
from
electricity
and
water
in
a
clean
and
efficient
process.
The
Company
is
currently
manufacturing
and
delivering
late-stage
development
models
of
its
hydrogen
generators
to
customers
for
use
in
commercial
applications.
The
regenerative
fuel
cell
systems,
which
the
Company
is
currently
developing,
will
combine
its
hydrogen
generation
technology
with
a
fuel
cell
power
generator
to
create
an
energy
device
that
is
able
to
produce
and
store
the
hydrogen
fuel
it
can
later
use
to
generate
electricity.
By
providing
the
hydrogen
fuel
used
by
fuel
cells,
its
core
technology
can
enable
fuel
cells
to
function
not
only
as
power
generating
devices,
but
also
as
energy
storage
devices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRTN
designs,
develop
and
manufactures
proton
exchange
membrance,
or
PEM,
electrochemical
products
that
are
employed
in
hydrogen
generating
devices
and
regenerative
fuel
cell
systems.
For
the
six
months
ended
6/30/01,
revenues
totaled
$794
thousand,
up
from
$187
thousand.
Net
loss
applicable
to
Common
fell
97%
to
$1.4
million.
Results
reflect
$387
thousand
in
deferred
revenue
on
products
and
development
activity
related
to
HOGEN(R)
hydrogen
generator,
partially
offset
by
higher
salaries. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Shaw, Jr., Ph.D., 59 Chairman | -- | Walter Schroeder, 52 Pres,
CEO, Director | $418K | John Glidden, 37 VP-Fin. | -- | Robert Friedland, 35 VP-Operations | 171K | Trent Molter, 38 VP
of Engineering and Technology | 200K | Dollar amounts are as of 31-Dec-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
|
|