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BEI Technologies Inc., through its 100% owned subsidiary, BEI Sensors & Systems Company, Inc., designs, manufactures and sells electronic devices that provide vital sensory input for the control systems of advanced machinery and automation systems. These sensors, most of which are concerned with physical motion, provide information that is essential to logical, safe and efficient operation of sophisticated machinery. The Company's brands were distributed during the past fiscal year through Sensors & Systems' direct sales force to more than 7,000 different commercial customers, principally in the United States. The Company's main product groups may be categorized as traditional sensors and complementary products, micromachined sensors and engineered subsystems (such as inertial measurement units and trackballs). ------ From latest 10Q Net sales for the first six months of fiscal 2000 increased $22.2 million or 29.2% to $97.9 million from $75.8 million during the same period in fiscal 1999. The principal increase was attributable to expanded sales of GyroChip sensors to foreign and domestic automotive customers for use in stability control systems. | ||||||||||||||
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