Innovative Micro Technology, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

Innovative Micro Technology, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Innovative Micro Technology, Inc. and its competitors. This provides our Clients with a clear understanding of Innovative Micro Technology, Inc. position in the Computers and Electronic Equipment Industry.

• The report contains detailed information about Innovative Micro Technology, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Innovative Micro Technology, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Innovative Micro Technology, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Innovative Micro Technology, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Innovative Micro Technology, Inc. business.

About Innovative Micro Technology, Inc.

Innovative Micro Technology, Inc. engages in the design and manufacture of micro-electro-mechanical system (MEMS) devices in the United States.

MEMS Business

The Company’s business activity is at the product development phase for most of its customers. The Company has one customer’s product that is in low-volume production. The Company fabricates MEMS products on a six-inch silicon wafer which, depending upon the size of the individual part, is cut into multiple finished parts referred to as dies.

Other Lines of Business

The Company’s three additional lines of business include 'Santa Barbara Tool & Die', 'IMT Analytical' and leasing of excess space in its owned facility under long-term lease contracts.

Santa Barbara Tool & Die is a precision machining and tooling service that provides customers with prototyping, development and production tool and die manufacturing. Santa Barbara Tool & Die’s technology permits precision manufacturing of tooling, and the organization features electron-discharge machining (EDM), which includes metals and ceramics capabilities.

IMT Analytical is a precision semiconductor and MEMS analysis service provider. IMT Analytical laboratory technology includes electron microscopy in various forms and a focused ion beam tool which can make three-dimensional cuts in samples to reveal information as to dimension, material makeup, and material crystal properties.

Santa Barbara Tool & Die and IMT Analytical are both strategic parts of the core company in that their services are used to make the core business, and both also provide service to outside customers. The Company has approximately 51,000 square feet of building space available to lease. As of October 1, 2005, approximately 31,000 square feet were under long term lease arrangements.

Strategic Alliances

Aldagen, Inc. and Innovative Micro Technology, Inc. have formed an alliance to co-develop and commercialize a version of IMT's Rare Cell Purification System, customized specifically for clinical cell therapies. This system, called the ALDESORTER, would be used with Aldagen's ALDESORT product and is designed to isolate stem cell populations for the treatment of chronic heart failure, peripheral vascular disease, leukemias, genetic enzyme deficiencies and other diseases.

Markets

The Company’s products and services are sold primarily in the United States, Canada and Japan.

Customers

The Company’s customers are in four categories representing its four business segments: MEMS and wafer customers, machine shop tool and die customers, tenants of excess building space and analytical lab service customers. The Company's customers include L-3; DARPA assistance agreement; OCCAM Networks, Inc.; Marubeni Solutions; Galaxy Scientific; Spectra; and Turnstone Systems, Inc.

Competition

The Company competes with independent MEMS manufacturers, including Micralyne, Colibrys, Applied MEMS, Tronics, XFab and Issys. The Company also competes with integrated circuit manufacturers, including Honeywell, Dalsa, Analog Devices, Texas Instruments and Motorola.

History

Innovative Micro Technology, Inc., formerly known as Applied Magnetics Corporation, was incorporated in 1957. The company changed its name to Innovative Micro Technology, Inc. in 2001.