| Business Summary | | nStor
Technologies,
Inc.
is
a
manufacturer
and
supplier
of
highly
integrated
enterprise-class
storage
solutions
for
computing
operations
including
external
RAID
(Redundant
Array
of
Independent
Disks)
solutions,
a
complete
set
of
SCSI
(Small
Computer
Systems
Interface),
tape
backup
and
advanced
storage
management
software
solutions.
The
Company's
RAID
solutions
provide
data
storage
solutions,
particularly
for
storage-intensive
environments
such
as
the
Internet
and
mission-critical
applications
requiring
substantial
storage
performance
and
capacity,
such
as
document
imaging,
video
and
multimedia,
or
transaction-intensive
environments,
such
as
banking
and
order
entry
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NSO
is
engaged
in
the
development,
manufacture
and
marketing
of
a
full
range
of
computer
disk
array
products,
memory
devices,
peripheral
equipment
and
storage
management
solutions.
For
the
three
months
ended
3/31/01,
sales
fell
50%
to
$6.2
million.
Net
loss
applicable
to
Common
totalled
$3.6
million
vs.
an
income
of
$2.4
million.
Sales
reflect
the
transition
from
older
to
newer
products.
Net
loss
reflects
lower
operating
and
gross
margins
and
the
absence
of
$5.6
million
in
asset
sale
gains. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,953;
after
tax
earnings
were
-3,880. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Maurice Halperin | Chairman | Thomas Makmann | Pres,
COO | H. Irwin Levy, 73 | Vice
Chairman, CEO | Jack Jaiven, 53 | VP,
CFO, Treasurer | Jonathan Ash, 43 | VP
of Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|