| Business Summary | | TurboChef
Technologies
Inc.
is
a
technology
development
company
engaged
primarily
in
designing,
developing
and
licensing
its
proprietary
rapid
cook
technologies.
The
TurboChef
rapid
cook
system
employs
proprietary
hardware
and
software
technologies
that
are
designed
to
"cook-to-order"
a
variety
of
food
products
at
faster
speeds
and
to
quality
standards
comparable,
and
in
many
instances
superior
to,
other
conventional
residential
and
commercial
ovens
currently
available.
In
its
simplest
form,
the
Company's
patented
system
couples
hot
air
with
microwave
energy. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TurboChef
Technologies
is
engaged
in
the
design,
development,
assembly
and
marketing
of
high-speed
commercial
cooking
systems
for
the
foodservice
industry.
For
the
six
months
ended
6/30/01,
revenues
decreased
54%
to
$1.3
million.
Net
loss
applicable
to
Common
decreased
43%
to
$3.3
million.
Revenues
reflect
a
decrease
in
research
and
development
fees
under
the
commercial
license
agreement
with
Maytag.
Net
loss
was
offset
by
lower
development
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Jeffrey Bogatin, 52 | Chairman,
Interim CEO | Mark Mirken | COO | John Shortley, 32 | CAO,
Controller, Treasurer, Assistant Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|