| Business Summary | | Optimal
Robotics
Corp.
provides
self-checkout
systems
to
retailers
in
the
United
States.
The
Company's
principal
product
is
the
U-Scan,
an
automated
self-checkout
system
that
enables
shoppers
to
scan,
bag
and
pay
for
their
purchases
with
little
or
no
assistance
from
store
personnel.
The
U-Scan
system
is
equipped
with
a
convenient,
intuitive
touch
screen
interface,
and
provides
automated
voice
instructions
that
guide
the
shopper
through
the
entire
checkout
process,
from
scanning
the
first
item
to
removing
the
receipt
after
payment.
The
Company's
latest
products,
U-Scan
Carousel
and
U-Scan
Solo,
have
been
designed
to
extend
the
retail
applications
of
its
U-Scan
self-checkout
technology.
Much
like
the
U-Scan
Express,
each
of
these
new
applications
enables
customers
to
scan,
bag
and
pay
for
their
purchases
with
limited
or
no
assistance
from
store
personnel.
Another
product
developed
by
the
Company
is
the
Optimal
6300
POS
System,
a
cash
register
system
for
supermarkets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Optimal
Robotics
develops,
markets,
installs
and
services
automated
self-service
transaction
systems
for
use
in
retail
point-of-sale
applications.
For
the
six
months
ended
6/30/01,
revenues
increased
80%
to
$50.7
million.
Net
loss
according
to
U.S.
GAAP
rose
54%
to
$24.9
million.
Revenues
reflect
increased
sales
of
U-Scan
systems
to
existing
and
new
customers.
Higher
loss
reflects
an
increase
in
the
U.S.
GAAP
adjustment
for
stock
based
compensation. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Neil Wechsler, 34 Co-Chairman,
CEO | $326K | $6.8M | Holden Ostrin, 40 Co-Chairman | 326K | 6.8M | Henry Karp, 46 Pres,
COO, Director | 326K | 4.8M | Gary Wechsler, 42 CFO,
Treasurer | -- | -- | Ike Tamigian, 41 Sr.
VP, CTO | -- | -- | 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
|
|