| Business Summary | | Scientific
Industries,
Inc.
is
engaged
in
manufacturing
and
marketing
laboratory
equipment
consisting
primarily
of
a
vortex
mixer,
the
Vortex-Genie
2,
and
related
accessories.
These
are
devices
used
to
mix
the
contents
of
test
tubes,
beakers
and
other
various
containers
by
placing
such
containers
on
a
rotating
cup
or
other
attachments,
which
causes
the
contents
to
be
mixed
at
varying
speeds.
During
the
past
three
years,
the
Company
has
been
developing
new
products,
which
include
the
Roto-Shake
Genie,
a
multi-purpose
rotator/rocker,
and
a
new
multi-functional
incubator/refrigerator
referred
to
as
the
Enviro-Genie.
The
Enviro-Genie
is
a
new
product
comprised
of
an
environmentally
controlled
benchtop
five-in-one
refrigerator/incubator/rotator/rocker/stirrer
designed
for
the
study
of
microorganisms
and
cell
growth
under
strictly
controlled
conditions
of
temperature
and
agitation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Scientific
Industries
is
engaged
in
manufacturing
and
marketing
laboratory
equipment
consisting
of
vortex
mixers
and
related
accessories.
For
the
nine
months
ended
3/31/01,
sales
increased
22%
to
$2.6
million.
Net
income
totaled
$205
thousand
vs.
a
loss
of
$188
thousand.
Revenues
reflect
increased
sales
to
foreign
customers,
and
re-establishment
of
the
Company's
normal
selling
price
structure.
Earnings
benefited
from
improved
margins
and
the
absence
of
litigation
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Lowell Kleiman, 59 Pres | $163K | Helena Santos, 36 VP
and Controller | -- | Dollar amounts are as of 30-June-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
|
|