| Business Summary | | Surgical
Laser
Technologies
Inc.
is
engaged
in
the
development,
manufacture
and
sale
of
proprietary
laser
systems
for
both
contact
and
non-contact
surgery;
and
in
the
delivery
of
turn-key
surgical
services
that
include
the
provision
of
technicians,
capital
equipment
and
disposable
and
reusable
products
for
specific
surgical
procedures.
The
Company's
surgical
services
are
performed
under
contractual
agreements
with
its
customers,
or
under
a
non-contracted
arrangement.
All
of
the
Company's
surgical
services
customers
are
charged
for
the
services
provided
on
a
per-procedure
basis.
The
Company
supplements
its
sales
of
laser
systems
and
surgical
services
with
certain
non-laser
product
offerings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SLTI
is
engaged
in
the
development,
manufacture,
sale
and
rental
of
proprietary
laser
systems
and
delivery
systems
for
both
contact
and
non-contact
surgery.
For
the
26
weeks
ended
7/1/01,
sales
rose
28%
to
$5
million.
Net
loss
totaled
$179
thousand
vs.
an
income
of
$129
thousand.
Revenues
reflect
initial
sales
of
SLT's
new
holmium
laser.
Earnings
were
offset
by
increased
S/G/A
expenses
and
a
$7
thousand
interest
expense
vs.
an
income
for
the
comparable
period. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard DePiano, 59 Chairman | -- | Michael Stewart, 43 Pres,
CEO, Director | $214K | Davis Woodward, 53 CFO,
VP, Sec. | 153K | Robert Crutchfield, 43 VP-Bus.
Devel. | 145K | 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
|
|