| | Business Summary | | DuraSwitch
Industries,
Inc.
has
developed,
patented
and
licensed
technologies
utilizing
a
magnetic-based
design
for
electronic
switches.
The
Company
is
expanding
the
use
of
these
technologies
by
licensing
manufacturers
to
produce
and
sell
products
using
its
technology.
The
flexibility
and
advantages
afforded
designers
and
manufacturers
using
this
new
technology
allows
for
creation
of
a
new
style
of
switch
package
by
fully
integrating
various
switches
into
a
single
panel.
The
Company
and
its
licensees
provide
a
complete
solution
to
the
design
challenges
faced
by
original
equipment
manufacturers
and
component
suppliers
seeking
durable,
reliable,
value-engineered
switch
designs
that
can
easily
be
incorporated
into
a
slim
profile,
flat-panel
design
without
sacrificing
the
consistent
tactile
feedback
response
(click)
that
is
desired
by
end
users. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | DSWT
designs,
manufactures
and
distributes
custom
electronic
switches
and
integrated
control
panels,
that
are
used
to
operate
or
control
products
in
a
wide
variety
of
commercial
and
consumer
applications.
For
the
six
months
ended
6/30/01,
net
sales
decreased
63%
to
$459
thousand.
Net
loss
increased
7%
to
$2.2
million.
Revenues
reflect
the
transition
away
from
switch
manufacturing.
Net
loss
reflects
an
increase
in
R&D
expenses
due
to
additional
personnel. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| R. Terren Dunlap, 56
Chairman,
CEO | $315K | -- | Robert Brilon, 39
Pres,
CFO, Treasurer, Sec. | 273K | $138K | Anthony Van Zeeland, 59
COO,
Exec. VP- Engineering, Director | 216K | -- | Frank Freeman
VP,
Intellectual Property | -- | -- | | 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.; "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/dswt.gif)