Datamarine International faces another cash crunch
Article Abstract:
Datamarine International saw its net sales drop by 46% to $1.1 million from $2 million for the quarter ending Dec 30, 2001. Its net loss also increased to $991,618 from $636,899 during the same quarter in 1999. The struggling electronics manufacturer disclosed on its SEC filing that its ability to remain an operating business depends on its ability to raise additional cash and register a profit. The company's recent losses stem from reduced revenues from its land mobile communications business.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2001
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In a GPS era, compass still points to profit
Article Abstract:
Richtie Navigation, the world's leading manufacturer of marine compasses, remains to post high profits despite the mass embrace of electronic navigation. The company's continued success is attributed to its product's unequaled capability, which is to provide boaters with real-time heading information. Richtie Navigation celebrates its 150 years of making marine compasses in 2000.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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New interface standard still not enough
Article Abstract:
Manufacturers of high-bandwidth equipment have expressed dissatisfaction with the NMEA 2000, the National Marine Electronics Assn's new interface standard. The NMEA 2000 standard is a bi-directional serial data protocol designed to allow multiple "talkers" and "listeners" to share data. It is based on the controller area network protocol established by the automotive industry.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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