| | Business Summary | | Drexler
Technology
Corporation
develops,
manufactures,
and
markets
optical
data
storage
products
and
systems
featuring
LaserCard
optical
memory
cards
and
chip-ready
Smart/Optical
cards.
Drexler-made
LaserCard
optical
memory
cards
are
used
for
"digital
governance"
applications
such
as
immigration,
visas,
cargo
manifests,
motor
vehicles,
import-duty
collection,
pay-per-use
systems,
and
ID/access;
and
for
healthcare
and
other
digital
read/write
wallet-card
applications. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Drexler
Technology
Corporation
and
its
subsidiary,
LaserCard
Systems
Corp.,
develop,
manufacture
and
market
optical
data
storage
products
used
with
personal
computers
for
information
recording,
storage
and
retrieval.
For
the
fiscal
year
ended
3/31/01,
revenues
rose
22%
to
$20.9
million.
Net
income
rose
21%
to
$6.5
million.
Results
reflect
the
sale
of
optical
memory
cards
for
two
U.S.
government
programs
and
improved
operating
margins
due
to
increased
revenues. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
3,955;
after
tax
earnings
were
628. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jerome Drexler, 72
Chairman,
CEO, Director | $251K | $6.4K | Richard Haddock, 48
Pres,
COO | 244K | -- | Christopher Dyball, 49
Exec.
VP and Gen. Mang. of Card Manufacturing | 230K | -- | Steven Larson, 50
VP-Fin.,
Treasurer | 181K | 7.4K | | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/d/drxr.gif)