| Business Summary | | Aura
Systems
Inc.
mainly
develops,
designs,
assembles
and
sells
AuraGen
induction
power
systems
for
mobile
power
applications
in
the
mobile
power
generation
markets.
An
induction
power
system
refers
to
the
basic
electromagnetic
approach
used
in
electric
motors
that
do
not
use
brushes
and
permanent
magnets.
The
Company's
system
is
capable
of
generating
full
power
up
to
8500
watts
at
all
engine
speeds
including
enhanced
engine
idle
speed
for
gasoline
based
engines
and
at
idle
speed
for
bigger
diesel
based
engines.
The
AuraGen
combines
sophisticated
mechanical
and
electronics
design,
advanced
engineering
and
break-through
electromagnetic
technology
to
produce
a
highly
reliable
and
flexible
mobile
power
generating
system
that
creates
alternating
current
(AC)
and
direct
current
(DC)
electricity,
for
industrial,
commercial
and
military
use. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aura
Systems
develops,
designs,
assembles
and
sells
AuraGen
induction
power
systems
for
mobile
power
applications
in
the
mobile
power
generation
markets.
For
the
three
months
ended
5/31/01,
net
revenues
totaled
$2.9
million,
up
from
$382
thousand.
Net
loss
fell
19%
to
$2.1
million.
Revenues
reflect
the
sale
of
Aura
Ceramics
and
increased
customer
base.
Lower
loss
was
partially
offset
by
increased
overhead,
selling
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Zvi Kurtzman, 53 Chairman,
CEO | $385K | Gerald Papazian, 45 Pres,
COO | 212K | Stephen Talesnick, 51 Vice
Chairman | -- | Arthur Schwartz, Ph.D., 53 Exec.
VP | 205K | Steven Veen, 45 Sr.
VP, CFO | 202K | Dollar amounts are as of 28-Feb-2001 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
|
|