Corporate Profile for Icon, dated Oct. 30, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Oct. 30, 1998
Company Name: Intelligent Controls, Inc. (DBA INCON)
Address: 74 Industrial Park Road
PO Box 638
Saco, Maine 04072
Main Telephone
Number: 207/283-0156
Internet Home
Page Address
(URL) www.intelcon.com
President &
Chief Executive
Officer: Roger E. Brooks
Controller: Andrew B. Clement
VP Product
Development: Alan Lukas
VP R&D: Paul Lukas
VP Manufacturing: Stephen E. Leuth
Investor Relations
Contact: Andrew B. Clement
Business number: 207/283-0156 X 126
Public Relations
Contact: Roger E. Brooks
Business number: 207/283-0156 X 121
Trading Symbol/
Exchange: ITC , AMEX Emerging Companies Indexx
Industry: Instrumentation for Petroleum, Power & Industrial
Users
Number of
Employees: 92
Company description: Intelligent Controls, Inc. (INCON INCON Innovations in Concrete Show and Conference ) is a manufacturer of electronic measurement systems for the Petroleum, Power Utility and general industrial markets. Located in Saco, Maine Saco is a city in York County, Maine, United States. The population was 16,822 at the 2000 census. It is home to Ferry Beach State Park, Funtown Splashtown USA, and Thornton Academy, established in 1811. , INCON's mission is to provide simple-to-use electronic instruments and software to solve complex measurement problems. In 1997, INCON reported sales of $13, 005,000, and 1998 year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. September September: see month. sales were $11, 371,108, a 13.8% increase versus the same period in 1997. The Company's stock is publicly traded under the symbol ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium ITC n abbr (BRIT) (= Independent Television Commission) → on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . The most recent price is $2 7/8 with a low of $1 5/8 and a high of $3 3/4 during 1997. INCON, on October 20, 1998, reported record sales and earnings for the third quarter, 1998. Revenues increased 17.3% to $4,451,620. Earnings before interest and taxes In financial and business accounting, earnings before interest and taxes (EBIT) is a measure of a firm's profitability that excludes interest and income tax expenses.[1] EBIT = Operating Revenue – Operating Expenses + Non-operating Income increased by 49.5% to $695,515 from $434,370 in the comparable 1997 quarter. Net income for the nine months ended September 26, 1998 totals $49,089 and was adversely affected by the costs of two legal settlements totaling $747,660 which were reflected in the second quarter of 1998. Additional information about Intelligent Controls, Inc. can be found on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at www.intelcon.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion