Image Systems Corporation Releases Financial Data.Business Editors MINNETONKA Minnetonka (mĭnĭtŏng`kə), city (1990 pop. 48,370), Hennepin co., SE Minn., a residential suburb of Minneapolis, near Lake Minnetonka; inc. 1956. There is diversified manufacturing. , Minn.--(BUSINESS WIRE)--Dec. 15, 2000 Image Systems Corporation, a Minnetonka based manufacturer of high resolution monitors, announced its financial data for the second quarter ending October October: see month. 31, 2000. Image Systems' focus this year is on R&D and engineering projects. This has led to enhancements on existing products such as increased bandwidth bandwidth Measurement of the capacity of a communications signal. For digital signals, the bandwidth is the data speed or rate, measured in bits per second (bps). For analog signals, it is the difference between the highest and lowest frequency components, measured in hertz and other performance improvements. Additionally, new products have been introduced for MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. , CT, Cath Labs A catheterization laboratory or cath lab is an examination room in a hospital or clinic with diagnostic imaging equipment to support the catheterization procedure. A catheter is inserted into a large artery, and various wires and devices can be inserted through the body via , Stereoscopic stereoscopic /ster·eo·scop·ic/ (ster?e-o-skop´ik) having the effect of a stereoscope; giving objects a solid or three-dimensional appearance. ster·e·o·scop·ic n. 1. applications, and a high brightness LCD (Liquid Crystal Display) A display technology that uses rod-shaped molecules (liquid crystals) that flow like liquid and bend light. Unenergized, the crystals direct light through two polarizing filters, allowing a natural background color to show. display. Initial success of the Display Link integrated workstation workstation Computer intended for use by one person, but with a much faster processor and more memory than an ordinary personal computer. Workstations are designed for powerful business applications that do large numbers of calculations or require high-speed graphical has resulted in increased orders from hospital customers.
Statement of Operations:
For the Second Quarter Ended
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October 31, October 31, Increase
2000 1999 (Decrease)
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Net Sales $1,392,077 $1,503,336 ($111,259)
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Net Income (Loss) before
Income Taxes ($116,264) $6,467 ($122,731)
Benefit from (Provision for)
Income Taxes 29,073 (1,681) 30,754
----------- ----------- -----------
Net Income (Loss) ($87,191) $4,786 ($91,977)
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NET INCOME (LOSS) PER SHARE
BASIC ($0.02) $0.00
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DILUTED ($0.02) $0.00
======= =====
WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING
BASIC 4,452,597 4,452,597
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DILUTED 4,452,597 4,452,597
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For the Six Months Ended
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October 31, October 31, Increase
2000 1999 (Decrease)
----------- -------------- ------------
Net Sales $2,572,359 $2,867,869 ($295,510)
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Net (Loss) before Income Taxes ($371,091) $(21,398) ($349,693)
Benefit from Income Taxes 92,773 3,937 88,836
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Net (Loss) ($278,318) $(17,461) $(260,857)
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NET (LOSS) PER SHARE
BASIC ($0.06) $0.00
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DILUTED ($0.06) $0.00
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WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING
BASIC 4,452,597 4,452,597
========== ==========
DILUTED 4,452,597 4,452,597
========== ==========
Image Systems Corporation builds large high resolution monitors primarily for OEM's and Systems Integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. who in turn sell to the medical and air traffic control marketplaces, as well as military and scientific markets. |
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