| Business Summary | | Sonex
Research,
Inc.
is
an
engineering
research
and
development
firm
that
is
seeking
to
commercialize
its
patented
proprietary
technology
(the
Sonex
Combustion
System
(SCS)
or
Ultra
Clean
Burn
technology)
for
in-cylinder
control
of
ignition
and
combustion
that
is
designed
to
reduce
emissions
and
increase
fuel
mileage
of
diesel
and
gasoline
engines.
The
SCS
improves
the
combustion
of
fuel
in
engines
through
design
modification
of
the
pistons
in
four-stroke
direct
injected
(DI)
diesel
engines
or
the
cylinder
heads
in
two-stroke
spark-ignited
(SI)
engines.
Variations
of
the
Company's
technology
have
been
applied
to
all
types
of
internal
combustion
engines,
including
those
used
in
personal
and
commercial
vehicles
(automobiles,
trucks,
buses,
boats,
motorcycles)
as
well
as
engines
used
in
fixed
or
portable
utility
applications
(motor
generator
sets,
pumps,
chain
saws). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sonex
Research,
Inc.
is
engaged
in
the
research,
development
and
commercialization
of
patented
technology
which
controls
the
combustion
of
fuel
in
engines.
For
the
six
months
ended
6/30/01,
revenues
fell
75%
to
$84
thousand.
Net
loss
rose
81%
to
$359
thousand.
Revenues
reflect
a
decrease
in
defense
contract.
Higher
loss
reflects
increased
R&D
expenses
due
to
a
$37
thousand
write-off
of
unamortized
cost
of
patents
and
decreased
investment
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Myron Wick III, 57 Chairman | -- | Andrew Pouring, 69 CEO,
Chief Scientist, Vice Chairman | $135K | Lawrence Hyde, 76 Pres | -- | Nuno Brandolini, 47 Vice
Chairman | -- | George Ponticas, 41 CFO,
VP-Fin., Sec., Treasurer | 106K | 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
|
|