| Business Summary | | Qualstar
Corporation
designs,
develops,
manufactures,
and
sells
automated
magnetic
tape
libraries
used
to
store,
retrieve
and
manage
electronic
data
primarily
in
network
computing
environments.
The
Company's
tape
libraries
provide
storage
solutions
for
organizations
requiring
backup,
recovery
and
archival
storage
of
critical
electronic
information.
The
Company's
tape
libraries
also
can
provide
near-online
storage
as
an
alternative
to
disk
drives.
The
Company
offers
tape
libraries
for
multiple
tape
drive
technologies,
including
those
using
Advanced
Intelligent
Tape,
DLT,
and
quarter
inch
cartridge
tape
drives
and
media.
The
Company
recently
announced
tape
libraries
for
the
Linear
Tape
Open
(LTO)
Ultrium
tape
drives
and
media. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Qualstar
Corporation
designs,
develops,
manufactures
and
sells
automated
magnetic
tape
libraries
used
to
store,
retrieve
and
manage
electronic
data
primarily
in
network
computing
environments.
For
the
nine
months
ended
3/31/01,
revenues
rose
16%
to
$40.5
million.
Net
income
rose
8%
to
$6
million.
Revenues
reflect
an
increase
in
demand
for
existing
tape
library
models.
Earnings
were
partially
offset
by
an
increase
in
salaries
and
employee
benefits. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
11,103;
after
tax
earnings
were
772. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Gervais, 57 Pres,
CEO, Director | $191K | -- | Matthew Natalizio, 45 CFO,
VP | -- | -- | Daniel Thorlakson, 57 VP-Operations | 199K | -- | Richard Nelson, 57 VP-
Engineering, Sec., Director | 157K | -- | Robert Covey, 52 VP
of Marketing | 172K | $490K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|