| | Business Summary | | AER
Energy
Resources,
Inc.
has
been
engaged
in
the
development
and
commercialization
of
high
energy
density
zinc-air
batteries.
Until
1998,
the
Company's
operations
were
focused
primarily
on
developing
and
improving
its
technology,
setting
up
the
manufacturing
process,
testing
and
selling
rechargeable
zinc-air
batteries,
recruiting
personnel,
and
similar
activities.
In
1998,
the
Company
changed
its
strategy
to
research
and
product
development
of
zinc-air
technology
with
its
focus
in
primary
(disposable),
rather
than
rechargeable,
batteries
and
plans
to
commercialize
the
technology
through
alliances
with
large
established
battery
and
original
equipment
manufacturers
. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | AER
Energy
Resources
focuses
on
the
research
and
product
development
of
zinc-air
battery
technology
with
a
focus
on
disposable
batteries
and
the
commercialization
of
the
technology
through
alliances
with
battery
manufacturers.
For
the
nine
months
ended
9/30/00,
revenues
fell
78%
to
$323
thousand.
Net
loss
applicable
to
Common
rose
39%
to
$3.8
million.
Results
reflect
lower
license
fees
and
R&D
revenues
under
Agreement
with
Duracell,
partially
offset
by
lower
personnel
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Jon Lindseth, 65
Chairman | -- | David Dorheim, 50
Pres,
CEO | $246K | J. Moore, 60
VP,
CFO, Treasurer and Sec. | 111K | Frank Harris, 47
VP
of Marketing and Licensing | 157K | R. Dennis Bentz, 49
VP
of Product and Process Devel. | 157K | | Dollar amounts are as of 31-Dec-1999 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
|
|
![[one-year price graph]](/old?u=http%3A%2F%2Fchart.yahoo.com%2Fc%2Fbb%2Fa%2Faern.ob.gif&y=1999)