BNET Industries

Technology Research Corp.

(TRCI) is in the Manufacturing Industry

Market Cap:$13.7M
Last Fiscal Year Sales:$33.7M
  • Public
  • US
Dow Jones Description

Technology Research Corporation is an internationally recognized leader in the design, manufacture and marketing of electrical safety products that save lives, protect people against serious injury from electrical shock and/or prevent electrical fires in the home and workplace. Based on our core technology in ground fault sensing and leakage current detection, our products are designed to meet the needs of the consumer, commercial and industrial markets worldwide. TRC also designs and supplies power monitoring and control equipment to the United States military and its prime contractors for its tactical vehicles, naval vessels and mobile electric generators. TRC was incorporated in Florida in 1981. Our principal offices are located at 5250-140th Avenue North, Clearwater, Florida 33760, our telephone number is (727) 535-0572 and our website can be accessed at www.trci.net . Information contained or referenced on our website is not incorporated by reference into, and does not form a part of, this Quarterly Report on Form 10-Q.

Vice President of Finance and Chief Financial OfficerThomas G. Archbold
Number of Employees 91
Contact Information

5250 140th Ave N

Clearwater, Florida 33760-3728

trci.net

(727) 535-0572

NAICS Code Switchgear and Switchboard Apparatus Manufacturing: 335313

Recent Events

  • Technology Research Corporation TRCI Reports Q4 EPS of $0.07

    6/11/09 - Financial Announcement - View Story

  • Technology Research Corporation Announces Partnership with Fleming Sales Company

    5/26/09 - Joint Venture / Alliance - View Story

  • TRCI: Announces Partnership w/Fleming Sales Company

    5/26/09 - Joint Venture / Alliance - View Story

  • Technology Research Corporation Reports Third Quarter Financial Results

    2/06/09 - Financial Announcement - View Story

News & Analysis

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technology research corp. - All News and Analysis

Additional Resources

  • PTC Ranked Top Performer in Aberdeen PLM AXIS Report

    - 2009-06-24

    Market Readiness and Value Delivered to Customers Drive Industry Leadership NEEDHAM, Mass. -- PTC (Nasdaq: PMTC), The Product Development...

  • M2SYS Technology to Offer Desktop Biometric Technology to Kronos Customers

    - 2009-06-23

    ATLANTA, July 23 /PRNewswire/ -- M2SYS Technology, an award-winning biometric technology research and development firm, announced today that Kronos Incorporated, the global leader in workforce management solutions, has chosen M2SYS to provide its customers with a desktop biometrics solution that seamlessly interfaces with Kronos time and attendance applications. ...

Decision Makers

Name (plus bio) Position
Thomas G. Archbold Vice President of Finance and Chief Financial Officer
Brad Freeman Vice President, Operations
Doug Tilghman Vice President, Engineering
Edward A. Schiff Vice President, Commercial Sales & Marketing, US
George B. Pressly Vice President, Corp Services
J. Bradley Freeman Vice President of Operations
Richard C. O'Neal Vice President, Fire Shield Sales & Marketing
Richard Checket Vice President, Marketing & Customer Support
Scott J. Loucks Vice President, IR
Cindy Kuhn Co-Founder
Geoff Fitzgerald Research Director
Melissa Lehardy Research Director
Raymond B. Wood Director, Senior Vice President
Barbara Garner Manager, Marketing Communications
Nick Holland Senior Analyst
Stacie Ferriss Executive Assistant
Henry Huey Director
Kelly Strong Director

Board of Directors

Name (plus bio) Position
Patrick M. Murphy Chairman
A. Donald Steinman Board of Directors
Barry H. Black Board of Directors
David Walker Board of Directors
Gerry Chastelet Board of Directors
Martin L. Poad Board of Directors
N. John Simmons Board of Directors
Raymond V. Malpocher Board of Directors
Thomas Borton Board of Directors
Organization Position Status
HMS Holdings Corp. Chief Financial Officer Current
Technology Research Corporation Vice President of Finance and Chief Financial Officer Current
Langer, Inc. Chief Financial Officer Former
Health Management Systems, Inc. CFO & Senior Vice President Former
Ernst & Young Senior Manager Former
HMS Holdings Corp. Controller Former
C.W. Post College BS In Professional Accountancy Former
Organization Position Status
Technology Research Corporation Vice President, Operations Current
Organization Position Status
Technology Research Corporation Vice President, Engineering Current
Technology Research Corporation Executive Officer Former
Organization Position Status
Technology Research Corporation Vice President, Commercial Sales & Marketing, US Current
Organization Position Status
Technology Research Corporation Vice President, Corp Services Current

J. Bradley Freeman joined TRC in April 2008 as our Vice President of Operations and has been an executive officer of TRC since August 2008. Prior to joining TRC, he held the position of Vice President of Operations at R2 Technology, a medical device manufacturer. His responsibilities at R2 included supply chain management, operations, customer service and information technologies. Prior to R2, he worked at Siemens Medical, Ultrasound Division from April 2000 until April 2005, where he held positions as Chief Information Officer and Vice President of Strategic Purchasing. Mr. Freeman holds a BS in Political Science from Florida State University.

Organization Position Status
Technology Research Corporation Vice President of Operations Current
Technology Research Corporation Executive Officer Current
R2 Technology, Inc. Vice President of Operations Former
Siemens Medical Former
Florida State University BS In Political Science Former
Organization Position Status
Technology Research Corporation Vice President, Fire Shield Sales & Marketing Current
Organization Position Status
Technology Research Corporation Vice President, Marketing & Customer Support Current
Organization Position Status
Technology Research Corporation Vice President, IR Current

Cindy Kuhn: A co-founder of Technology Research Corporation (TRC), Cindy Kuhn has spent a majority of her career designing usable and useful hardware/software user interfaces. With a B.S. in Industrial Engineering from University of Illinois and a M.S. in Industrial Engineering (Human Factors/Project Management specialization) from University of Houston, Cindy has enhanced computer products and Internet sites for ten years. Cindy spent five years with Compaq Computer Corporation leading the usability effort for the Consumer product division including the Compaq Videophone, Internet keyboard and the AltaVista web portal redesign. She spent about a year at Edward Jones and another year at CyberSource Corporation before co-founding Technology Research Corporation. Besides her Human Factors experience, Cindy brings excellent organization and project management skills to the TRC team.

Organization Position Status
Technology Research Corporation Co-Founder Current
Edward Jones Former
Compaq Computer Corporation Former
Cybersource Corporation Former
The University of Houston M.S. Former
University of Illinois B.S. In Industrial Engineering Former
Organization Position Status
Technology Research Corporation Research Director Current
Bradford University B.S. (Honors) In Managerial Sciences Former

Melissa LeHardy: As a Senior Associate at Technology Research, Melissa is responsible for designing and deploying both qualitative and quantitative research primarily for the technology industry. Melissa approaches every project with expert marketing research knowledge and excellent client service, both based on over 13 years of marketing research experience. Melissa is an expert qualitative moderator with several hundred business-to-business and consumer focus groups under her belt. She's managed countless multi-country international studies for several Fortune 100 technology clients, involving qualitative and quantitative methods. She is experienced with high-level multivariate techniques including conjoint/discrete choice and segmentation. In addition to her high tech experience, she also has five years of client side experience in health care market research. Prior to TRC, Melissa was at Doxus as a Senior Researcher and Answers Research as Director of Client Services. In both firms, Melissa focused on all phases of research from design to analysis. She also moderated IT qualitative research and managed/implemented various quantitative studies. Prior to that, she worked client-side in the health care industry for five years. Melissa received a BA in Psychology from the University of Tennessee and attended the MBA program at Vanderbilt University. In addition, she is a Burke-trained moderator with both extensive business-to-business and consumer moderating experience. Geoff Fitzgerald: Geoff founded Technology Research Ltd. in 1991 to provide high value qualitative market research to the IT industry, specifically covering the mass of differing markets and cultures in Europe. The essence was to create a center of leading-edge technology and marketing research expertise, working with the end-user community, to deliver high quality and actionable data to its high-tech client base. Today, Technology Research Ltd. provides IT industry insight and analysis to assist clients in their product and marketing decision-making. Geoff began his career over 19 years ago after earning a B.S. (Honors) in Managerial Sciences from Bradford University in the UK. Since, he has developed a breadth of skills covering both qualitative and quantitative research, from both the client and agency side. This has included working for IBM (UK) in the System 36/38 division and Bull (UK) in market research. On the agency side Geoff worked for CAC Ltd. as a research analyst and program manager covering the European CAD/CAM market. For the last 13 years, as Research Director for Technology Research, Geoff has been working for a whole host of major IT clients covering new product development for servers, desktops, notebooks, LAN/WAN networking equipment, application development, groupware, knowledge management, systems management, etc. The core of this work has been based on IT focus group moderating and conducting expert IT interviews. In addition, a considerable amount of Geoff's time is dedicated to ad effectiveness research through focus groups.

Organization Position Status
Technology Research Corporation Research Director Current
Technology Research Corporation Founder Former
Technology Research Corporation Senior Associate at Technology Research, Melissa Former
Vanderbilt University Mba Program Former
The University of Tennessee Ba In Psychology Former
Bradford University B.S. Former
Organization Position Status
Technology Research Corporation Director, Senior Vice President Current
Technology Research Corporation Board of Directors Current
Organization Position Status
Technology Research Corporation Manager, Marketing Communications Current
Organization Position Status
Pyramid Research, Inc. Senior Analyst, Communications, Media and Technology Current
Technology Research Corporation Senior Analyst Current
Aite Group and Co Senior Analyst Current
Mercator Advisory Group Director of Emerging Technologies Research Former
University of Stirling Msc Degree Former
Organization Position Status
Technology Research Corporation Executive Assistant Current

PATRICK M. MURPHY joined the Board of Directors of Technology Research Corporation in May 2006. Mr. Murphy served as Senior Vice President, Chief Financial Officer and Treasurer of Paradyne Networks from August 1996 and Secretary from August 2000 until August 2005. He also served as a director and Chief Executive Officer of Paradyne Credit Corp. since July 2001 and as Vice President, Chief Financial Officer and Treasurer from August 1996 to July 2001. From August 1996 to July 1998, he served as Vice President, Treasurer and Chief Financial Officer of GlobeSpan, Inc. From January 1987 to August 1996, he served as Chief Financial Officer of Continental Broadcasting, Ltd., a television and radio broadcast company. Mr. Murphy holds a B.S./B.A. in finance from John Carroll University and is a certified public accountant.

Organization Position Status
Technology Research Corporation Chairman Current
Paradyne Networks, Inc. Chief Financial Officer Former
Paradyne Networks, Inc. Senior Vice President Former
Paradyne Networks, Inc. Treasurer Former
Technology Research Corporation Director Former

A. Donald Steinman currently serves as Director for Technology Marketing and Transition at Planning Systems Inc. Prior to joining Planning Systems Inc. he served as Managing Partner for Technology Development Associates, LLC (TDA) directing operations. Mr. Steinman was Vice President of Business Development and Government Programs for the Infinite Group where his primary efforts focused on capture and management of the company's military contract activities. An Executive Director of NASA's Northeast Regional Technology Transfer Center, The Center for Technology Commercialization, his responsibilities included technology transfer, technology scouting, license negotiation and partnership development. Mr. Steinman has a B.A. degree from Emory University and an M.B.A. from the University of Rhode Island. Mr. Steinman also serves on the Boards of Technology Research Corporation and the Metro Orlando Economic Development Technology Board. He has previously served as a member of NCMS' Strategic Technology Board.

Organization Position Status
Technology Research Corporation Board of Directors Current
Planning Systems, Inc. Director Former
University of Rhode Island M.B.A. Former
Emory University B.A. Degree Former
Organization Position Status
Technology Research Corporation Board of Directors Current
Technology Research Corporation CFO, Secretary & Vice President, Finance Current

David F. Walker has served as a director of our company since February 2006 and is chairman of our Audit Committee. Mr. Walker is the Director of the Accountancy Program and the Program for Social Responsibility and Corporate Reporting at the University of South Florida St. Petersburg, where he has been employed since 2002. Prior to joining the University of South Florida, Mr. Walker was with Arthur Andersen LLP, having served as a partner in that firm from 1986 through 2002. Mr. Walker earned a master’s of business administration from the University of Chicago Graduate School of Business with concentration in accounting, finance and marketing, and a bachelor of arts degree from DePauw University with majors in economics and mathematics and a minor in business administration. Mr. Walker is a certified public accountant and a certified fraud examiner. Mr. Walker also serves on the board of directors of Chico’s FAS, Inc., First Advantage Corporation and Technology Research Corporation, participating on the executive, audit and corporate governance committees of Chico’s and chairing its audit committee; chairing the audit committee of First Advantage; and participating on the compensation and nominating committees of Technology Research.

Organization Position Status
CommVault Systems, Inc. Director, Chairman Current
Guzzo The Contrarian Chair of The Audit Committee Current
First Advantage's Litigation Director Current
First Advantage Corporation Board of Directors Current
Chico's FAS, Inc. Director Current
Technology Research Corporation Board of Directors Current
Backtrack Reports Director Current
University of South Florida Director of The Accountancy Program Former
Paradyne Networks, Inc. Board of Directors Former
University of Chicago Graduate School of Business Master's Former
DePauw University Bachelor of Arts Degree Former
Organization Position Status
Technology Research Corporation Board of Directors Current
Digital Lightwave, Inc. Chief Executive Officer Former
Digital Lightwave, Inc. President Former
Digital Lightwave, Inc. Chairman of The Board Former
Digital Lightwave, Inc. Director Former
DeVry Institute of Technology Degree In Electronic Engineering Former

Dr. Henry Huey is Director of Technology Research and Development, supporting the launch of new MILCOM affiliate companies and assisting the West Coast Business Development team. Dr. Huey has 25 years experience in wideband switching technologies, optical networks, network management, communications satellites and wireless systems. Most recently, Dr. Huey was the Director of Product Development in an optical start-up, Alidian Networks. Alidian Networks provides multi-protocol DWDM (Dense Wavelength Division Multiplexing) solutions for the metropolitan area environment. Dr. Huey spent 5 years with Lockheed Martin/Loral Western Development Labs in San Jose, California. At Lockheed Martin, Dr. Huey served as Chief Engineer of Telecommunications, a technical lead on the network design of a multi-billion dollar, multi-service, broadband satellite venture known as Astrolink.

Organization Position Status
Milcom Technologies, Inc. Director of Technology Research and Development Current
Technology Research Corporation Director Current
Lockheed Martin Corporation Chief Engineer Former
Milcom LLC Director of Technology Research and Development Former
TRW, Inc. Former
University of Southern California Ph.D. in EE Former
University of California, Los Angeles Msee Former
Polytechnic Institute of Brooklyn BSEE Former

Dr. Strong is currently an Associate Professor of Civil and Construction Engineering at Iowa State University and Director for Construction Management and Technology Research at the Center for Transportation Research and Education. He teaches the senior design capstone class on integrated design and construction. He earned his Baccalaureate degree in Civil Engineering from Iowa State University in 1980, a MBA from the University of St. Thomas in 1988, and a Ph.D. in Strategy and Organization Management from the University of Colorado in 1992. Before entering academia, Dr. Strong was a project manager for seven years involved with several design-build projects in Minnesota, Arizona, Montana, and Colorado, including several high-rise and mid-rise office buildings. Dr. Strong has sponsored research contracts with the Iowa Department of Transportation, the Minnesota Department of Transportation, the Midwest Transportation Consortium, the Associated General Contractors of America, the Transportation Research Board, and the DataBuilder Corporation. He has consulted for over two dozen companies in the design and construction industry in both commercial and transportation sectors. Dr. Strong is President of the Iowa Chapter of DBIA and was awarded a Distinguished Design-Build Leadership Award in 2007. He received his Design Build Professional Designation (DBIA) in 2006.

Organization Position Status
Iowa State University Associate Prof of Civil and Construction Engineering Current
Dbia Associate Prof, Iowa State University Current
Master Builders of Iowa Current
Construction Management Director Current
Dbia Board of Directors Current
Technology Research Corporation Director Current
University of St. Thomas MBA Former
Iowa State University Degree In Civil Engineering Former
Organization Position Status
Technology Research Corporation Board of Directors Current

Array

Organization Position Status
Quantum Capital Partners President Current
Med Quist Transcriptions, Ltd. Current
Sterile Recoveries, Inc. Current
MedQuist Inc. Board Director Current
Lifestyle Family Fitness LLC Director Current
Technology Research Corporation Board of Directors Current
New Homes Realty, Inc. President Former
Checkers Drive-In Restaurants, Inc. Chief Financial Officer Former
Eckerd Corporation Vice President Former
KPMG International partner Former
Eckerd Corporation Controller Former
Jabil Circuit, Inc. Former
J.C. Penney Company, Inc. Former
Publix Super Markets, Inc. Former
SRI/Surgical Express, Inc. Chair of Board Former
SRI/Surgical Express, Inc. Director Former

RAYMOND V. MALPOCHER has served as a member of the Board of Directors since December 2007. Mr. Malpocher served as President and Chief Executive Officer of Telex Communications from 2003 to 2006. From 1998 to 2002, he served as Group President of the Marine/Industrial division of Teleflex Corporation. Mr. Malpocher also held senior executive positions with Danaher Corporation from 1995 to 1998 and Eagle Industries from 1981 to 1995. He is a member of the Board of Directors of Anchor Glass Container Corporation. Mr. Malpocher holds a B.S. in Mechanical Engineering from Rochester Institute of Technology, an M.S. in Applied Math from the University of Rochester, and an M.B.A. from the University of Rochester.

Organization Position Status
Technology Research Corporation Board of Directors Current
Telex Communications, Inc. Board of Directors Current
Anchor Glass Container Corporation Board of Directors Current
Telex Communications, Inc. Chief Executive Officer Former
Telex Communications, Inc. President Former
Eagle Industries LLC Former
Danaher Corporation Former
Rochester Institute of Technology B.S. In Mechanical Engineering Former
Organization Position Status
Michigan Company, Inc. President Former
Technology Research Corporation Board of Directors Current
University of Michigan Ph.D. In Environmental Sciences and Planning Former
Michigan State University Master of Urban Planning Former

Executive News

  • Technology Research Corporation Announces Its First Quarter Cash Dividend

    Reuters - 6/08/09 - View Story

  • Will RFID lead to near-field communications (NFC)?

    Telephony - 6/02/09 - View Story

  • Technology Research Corporation Announces Partnership with Fleming Sales Company

    Yahoo! Canada - 5/26/09 - View Story

  • Technology Research Corporation Announces Partnership with

    Business Wire via MSN Money - 5/26/09 - View Story

  • Technology Research Corporation Announces Partnership with Fleming Sales Company

    Business Wire - 5/26/09 - View Story

  • Technology Research Corporation Announces Partnership with Fleming Sales Company

    RBC Dain Raushcer - 5/26/09 - View Story

  • MasterCard: Money Goes Mobile

    BusinessWeek - 5/13/09 - View Story

  • MasterCard Is Pushing Mobile Money

    BusinessWeek - 5/13/09 - View Story

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     TRCI $2.15 -0.13 (-5.92% )
Average Volume 4,326
Shares Outstanding 5.89M
Market Cap 12.6M
Year High 2.69
Year Low 1
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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