| Business Summary | | Hirsch
International
Corp.
is
a
provider
of
electronic
computer-controlled
embroidery
machinery
and
related
value-added
products
and
services.
The
Company
offers
a
complete
line
of
technologically
advanced
single-
and
multi-head
embroidery
machines,
proprietary
application
software,
a
diverse
line
of
embroidery
parts,
supplies,
accessories
and
proprietary
embroidery
products
and
a
range
of
equipment
financing
options.
The
Company's
software
subsidiary,
Pulse
Microsystems
Ltd.,
develops
and
supplies
proprietary
application
software
programs,
which
enhance
and
simplify
the
embroidery
process,
as
well
as
enable
the
customization
of
designs
and
reduce
production
costs.
The
Company's
leasing
subsidiary,
HAPL
Leasing
Co.,
Inc.,
provides
a
wide
range
of
financing
options
to
customers,
wishing
to
finance
their
purchases
of
embroidery
equipment.
Hirsch
also
sells
a
broad
range
of
embroidery
supplies,
accessories
and
proprietary
embroidery
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hirsch
International
is
a
single
source
provider
of
of
electronic
computer-controlled
embroidery
machinery
and
related
value-added
products
and
services.
For
the
three
months
ended
4/30/01,
revenues
decreased
18%
to
$15.4
million.
Net
loss
decreased
1%
to
$964
thousand.
Revenues
reflect
a
decline
in
demand
for
new
embroidery
machines.
Lower
loss
reflects
a
decrease
in
infrastructure
expenses
and
an
increase
in
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Henry Arnberg, 58 Chairman
and CEO | $104K | Paul Levine, 48 Pres | -- | Richard Richer, 49 CFO,
Exec. VP-Fin. and Admin. | -- | Ronald Krasnitz, 60 COO,
Exec. VP, Sec., Director | 298K | Tas Tsonis, 49 VP | 572K | Dollar
amounts are as of 31-Jan-2001 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
|
|