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Wednesday, February 10, 2010, 11:24AM ET - U.S. Markets close in 4 hours and 36 minutes. Dow Down 0.50% Nasdaq Down 0.63%
Qualstar Corp. (QBAK)At 9:46AM ET: 2.13  Down 0.06 (2.74%)  
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Qualstar Corp.
3990-B Heritage Oak Court
Simi Valley, CA 93063
United States - Map
Phone: 805-583-7744
Fax: 805-583-7749
Web Site: http://www.qualstar.com

DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Diversified Electronics
Full Time Employees:80

BUSINESS SUMMARY 
Qualstar Corporation designs, develops, manufactures, and sells automated magnetic tape libraries used to store, retrieve, and manage electronic data primarily in network computing environments worldwide. Its tape libraries consists of cartridge tape drives, tape cartridges, and robotics to move the cartridges from their storage locations to the tape drives under software control. The tape libraries also provide data storage solutions for organizations requiring backup, recovery, and archival storage of critical electronic information. The company also offers ancillary products related to its tape libraries, such as tape media, tape magazines, cables, bar code labels, and fiber channel adapters. In addition, it designs, develops, and sells switching power supplies that are used to convert alternate current line voltage to direct current voltages for use in electronic equipment, such as telecommunications equipment, servers, routers, switches, lighting, and gaming devices. Qualstar Corporation sells its tape drive products primarily to value added resellers and original equipment manufacturers, as well as switching power supplies primarily to original equipment manufacturers, contract manufacturers, and distributors. The company was founded in 1984 and is headquartered in Simi Valley, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Qualstar Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 43.9% of CGQ Universe companies and 24.6% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William J. Gervais , 67
    Co-Founder, Chief Exec. Officer, Pres and Exec. Director
    $ 178.00K $ 0
    Mr. Richard A. Nelson , 67
    Co-Founder, VP of Engineering, Sec. and Exec. Director
    $ 171.00K $ 0
    Ms. Nidhi H. Andalon , 47
    Chief Financial Officer
    $ 130.00K $ 0
    Mr. Robert K. Covey , 62
    VP of Marketing
    $ 183.00K $ 0
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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