| Business Summary | | TechLite
Inc.
has
been
engaged
since
1993
in
the
business
of
retrofitting
existing
lighting
fixtures
in
buildings
used
for
commercial,
education,
manufacturing,
municipal,
institutional
and
healthcare
purposes.
TechLite
employs
a
systems
approach,
whereby
its
energy-efficient,
lighting-retrofit
components
are
designed
to
maximize
fixture
efficiency
and
light
levels
while
obtaining
energy
savings
up
to
60%.
Upon
completion
of
its
pending
acquisitions,
TechLite
will
be
able
to
offer
private
businesses,
schools,
government
entities
and
energy
service
companies
(ESCOs)
a
complete,
one-stop,
turnkey
Energy
Efficient
Lighting
Upgrade
Package
from
coast
to
coast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TechLite,
Incorporated
is
an
energy
efficient
lighting
specialist
engaged
in
performing
retrofits
of
lighting
systems
in
commercial,
educational,
manufacturing
and
healthcare
facilities.
For
the
comparable
six
months
ended
6/01,
revenues
fell
89%
to
$72
thousand.
Net
loss
rose
15%
to
$1.3
million.
Reveunes
reflect
the
Company's
decision
to
focus
its
efforts
on
acquiring
other
companies
in
the
same
industry.
Net
loss
reflects
stock
issued
for
services
rendered. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | General Hahn, 62 | Chairman | J. Arvidson, 61 | Pres,
CEO, Director | C. Sage, 67 | Exec.
VP, COO, Director | Brad Boyett | VP
of Sales | Mark Galvin, 46 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|