IT company JAI increases its pre-tax profits by 67% in 2003  

2004.08.11
The Danish IT company that specialises in intelligent camera solutions increased its pre-tax profits by 67% to DKK 40 million in 2003

The Danish IT company JAI increased its pre-tax profits by 67% to DKK 40 million (USD 6.4 million) in 2003 compared to the previous year. According to JAI markets such as Japan, USA and Asia have contributed especially to the growth, and in addition products with high earnings have been more in focus. Last year JAI acquired the US company Pulnix which at the time had been running with loss for three years. After less than one year and some restructuring Pulnix is now a profitable company.

 

JAI was established in 1963 and is headquartered in Copenhagen. It has subsidiaries in the US, Japan and UK and employs 264 people. JAI designs, manufactures and markets CCD camera solutions and intelligent cameras for automated imaging and surveillance systems. JAI's camera technology is for instance used in London's double-decker buses. The news is reported by Computerworld online.

 

Link > JAI 

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