| Business Summary | | Fargo
Electronics,
Inc.
is
a
developer,
manufacturer
and
supplier
of
desktop
systems
that
personalize
plastic
identification
cards
by
printing
images
and
text
onto
the
cards,
laminating
them
and
electronically
encoding
them
with
information.
The
Company
also
sells
the
consumable
supplies,
such
as
ink
ribbons,
overlaminates
and
blank
cards
that
are
used
with
its
systems.
The
Company
distributes
its
products
through
a
network
of
distributors
and
resellers
in
more
than
75
countries.
Fargo
manufactures
two
different
product
series,
Professional
Series
and
Persona
Series,
with
a
variety
of
options
within
each
series.
The
Professional
Series
includes
high-definition
printing
printers,
while
the
Persona
Series
includes
direct-to-card
printers.
The
Company
sells
its
products
to
resellers
that
offer
its
products
to
end
users
typically
as
part
of
an
integrated
system
that
may
also
include
a
digital
camera,
a
computer
with
card
design
software
and
other
equipment
manufactured
by
other
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fargo
Electronics
is
a
developer,
manufacturer
and
supplier
of
desktop
systems
that
personalize
plastic
identification
cards.
Fargo
also
sells
the
consumable
supplies
used
with
their
systems.
For
the
six
months
ended
6/01,
revenues
rose
8%
to
$30.1
million.
Net
income
applicable
to
Common
rose
39%
to
$1.6
million.
Revenues
reflect
higher
plastic
card
personalization
product
sales.
Earnings
also
reflect
reduced
R
and
D
salary
expense
and
lower
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Holland, 59 Chairman,
Pres, CEO | $296K | Paul Stephenson CFO,
VP | -- | I. Tony Haugen, 48 VP-
Operations and Manufacturing | 172K | Mark Andersen, 40 VP
of Sales | 141K | Kathleen Phillips, 36 VP
of Marketing | -- | Dollar amounts are as of 31-Dec-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
|
|