| Business Summary | | SureBeam
Corporation
is
a
provider
of
patented
and
proprietary
electronic
pasteurization
systems
and
services
for
the
food
industry.
The
Company's
electronic
food
pasteurization
process
significantly
improves
food
safety,
prolongs
shelf
life
and
provides
disinfestation,
without
compromising
food
quality.
The
Company's
patented
SureBeam
process
is
based
on
proven
electron
beam
technology
that
operates
in
an
efficient
and
environmentally
responsible
manner.
The
SureBeam
system
is
powered
by
ordinary
electricity
and
destroys
harmful
food-borne
bacteria
such
as
E-coli,
salmonella
and
listeria
and
eliminates
or
renders
harmless
fruit
flies
and
other
pests.
The
Company
provides
electronic
pasteurization
services
at
its
service
centers,
which
are
capable
of
processing
foods
received
from
a
variety
of
food
processing
customers.
The
Company
can
also
install
its
systems
as
part
of
a
customer's
production
line. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SureBeam
Corporation
provides
patented
and
propietary
electronic
pasteurization
systems
and
services
for
the
food
industry.
For
the
six
months
ended
6/30/01,
revenues
rose
15%
to
$15.1
million.
Net
loss
totalled
$49.8
million,
up
from
$1.2
million.
Revenues
reflect
increased
sales
of
electronic
food
pasteurization
systems.
Higher
loss
reflects
an
increase
in
general
and
administrative
expenses
attributable
to
an
increase
in
deferred
compensation. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gene Ray, Ph.D., 62 Chairman | -- | Larry Oberkfell, 47 Pres,
CEO, Director | $133K | David Rane CFO, Sr. VP | -- | Eric DeMarco, 38 Exec.
VP | -- | Nicholas Costanza, 45 Sr.
VP, Gen. Counsel, Sec. | -- | Dollar amounts are as of 31-Dec-1999 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
|
|