Winland Electronics Inc Reports Operating Results (10-Q)


Highlight of Business Operations: Winland is an industry leader in the design and manufacture of critical condition monitoring devices. Products including EnviroAlert, WaterBug, TempAlert and Vehicle Alert, are designed to monitor critical conditions for industries including healthcare and medical, grocery and food service, commercial and industrial, agriculture and residential. Proudly made in the USA, Winland products are compatible with any hardwire or wireless alarm system and are available worldwide. Headquartered in Mankato, MN, Winland trades on the NYSE Amex stock exchange under the symbol WEX. These proprietary Winland branded and trademarked products accounted for 100% of the Company s revenue for the three and nine months ended September 30, 2011 and 2010.

Net sales for the three months ended September 30, 2011 were $769,000, down $69,000 from the same period in 2010. The decrease was primarily related to reduced sales to our largest distributor and while sales to our other top ten customers increased, our remaining customers sales decreased more significantly when compared to the same period in 2010. Net sales for the nine months ended September 30, 2011 were $2,673,000, up $223,000 from the same period in 2010. The increase was primarily related to increased sales to our largest distributor of $123,000 and a large project sale of $79,000 to a new customer.

Sales and marketing expenses were $270,000 for the three months ended September 30, 2011, up $44,000 compared to the same time period a year ago. The increase was due to increased advertising expenses of $20,000 and increased marketing and trade show expenses of $20,000 as we incurred costs in advance of an expected release of our EA800-ip.

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Winland Electronics Inc Reports Operating Results (10-Q)

Headquartered in Mankato, MN, Winland trades on the NYSE Amex stock exchange under the symbol WEX. These proprietary Winland branded and trademarked products accounted for 100% of the Company s revenue for the three and nine months ended September 30,



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Minnesota, the North star state

Minnesota, the North star state

MINNESOTA CHAPTER I THE FSENCH PERIOD The word Minnesota was the Dakota name for that considerable tributary of the Mississippi which, issuing from Big ...

Cash, The Autobiography

Cash, The Autobiography

The country singer looks back over his life from his childhood on an Arkansas cotton farm, to his battle with drugs, to his myriad musical successes.

Minnesota, A History of the State

Minnesota, A History of the State

Reprint of 1975 University of Minnesota ed.

Minnesota

Minnesota

Describes the history, geography, government, economics, and people of Minnesota.

Minnesota

Minnesota

Introduces the geography, history, industries, people, and other highlights of Minnesota.

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