| Business Summary | | Inforetech
Wireless
Technology
Inc.
is
a
development
stage
company
that
has
created
a
pace-of-play
information
system
for
golf
courses.
The
Company's
products
provide
wireless
communications
and
global
positioning
system
(GPS)
solutions
for
mobile
and
fixed
asset
management
applications.
It
has
targeted
the
golf
market
for
the
initial
product
launch
of
its
hand-held
Portable
Recreational
Devices.
The
Company
is
a
provider
of
GPS-based
golf
solutions
offering
both
hand-held
and
cart-based
products.
Its
hand-held
product,
the
Inforemer,
is
a
high-resolution
device
that
can
be
carried
or
attached
to
a
golf
bag
or
power
cart.
The
Company's
cart-based
systems
include
the
same
functionality
as
the
hand-held
units
but
also
include
advanced
graphics,
color
displays
and
mobile
asset
tracking
capabilities,
among
other
features. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Inforetech
Wireless
Technology,
Inc.
provides
wireless
communications
and
GPS
solutions
for
mobile
and
fixed
asset
management
systems,
primarily
for
the
golf
market.
For
the
three
months
ended
3/31/01,
revenues
totaled
$620
thousand,
up
from
$0.
Net
loss
before
extraordinary
item
totaled
$3
million,
up
from
$973
thousand.
Revenues
reflect
the
acquisition
of
ProShot
Golf,
Inc.
Net
loss
reflects
increased
salaries
and
investor
relation
fees. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Silzer, Sr., 54 Chairman,
CEO | $201K | Robert Silzer, Jr., 35 Pres,
Sec., Treasurer, Director | -- | 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
|
|