Austin Innovations, Inc.

PROFILE Bright-idea company Austin Innovations makes lights that look and feel cool. The company has developed a series of energy-efficient night-lights that stay cool to the touch. Its Power-Fail LimeLite runs on batteries for 72 hours after a power failure and uses only two cents worth of electricity per year. Other products include night-lights and clocks sold under the LimeLite and Indiglo names. Austin Innovations has a marketing agreement with GE to sell its products under the GE brand name to retail markets. Austin Innovations targets US home centers and hardware stores. Sales are also made in Europe. Joe Marischen owns the company, which he founded in 1990.  COMPETITION Advanced Lighting Technologies, Inc. (ADLT) Koninklijke Philips Electronics N.V. (PHG) SLI, Inc. (SLI)		FINANCIAL OVERVIEW Fiscal Year-End: December 1997 Sales (mil.): 10.60 1-Yr. Sales Growth: 21.8% Employees: 52 Revenue per employee: $203,846.15  KEY PEOPLE • Joe Marischen     CEO • Steve Stiles     CFO  CONTACT INFO 2222 W. Rundberg Ln., Ste. 400 Austin, TX 78758 US Phone: 512-339-6765 Fax: 512-837-0337 Online: Web Site

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