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Business Description

Industry: Computer Hardware » Computer Systems    NAICS: 334419    SIC: 3577
Traded in other countries:MN1N.Germany,
iGo Inc is engaged in designing, developing, manufacturing & distributing of power products, protection products, audio products for mobile electronic devices and other mobile electronic accessory products.

iGo Inc was formed on May 4, 1995. In August 1996 the Company became a corporation incorporated in the State of Delaware. The Company is engaged in the business of selling accessories for computers and mobile electronic devices and operates a single business segment. It designs, develops, manufactures and/or distributes power products for high-power mobile electronic devices, such as portable computers; power products for low-power mobile electronic devices, such as mobile phones, PDAs, and MP3 players; expansion and docking products; and mobile electronic accessory products. iGo distributes products in North America, Europe and Asia Pacific. It uses its proprietary technology to design and develop products that make electronic devices more efficient and cost effective, thus enabling users' higher utilization of their electronic devices. Power management, which remains its core product line, includes portable power, device power, and laptop power solutions. These products utilize its proprietary iGO Green technology, which reduces energy consumption and almost completely eliminates standby power. As a result of its acquisition of Aerial7 in 2010, the company offers a line of earbuds and headphones. Sales and marketing expenses generally consist of salaries, commissions and other personnel-related costs of its sales, marketing and support personnel, advertising, public relations, promotions, printed media and travel. The Company sells to resellers, such as Microcel, retailers, such as Wal-Mart, RadioShack and Office Depot, private label resellers, such as Belkin, and directly to end users through its iGo.com and Aerial7 websites. Its products are currently manufactured in China. It employs the services of an outsourced logistics company to efficiently manage the packaging and shipment of its iGo, iGo Green, and Aerial7 branded products to its various retail and distribution channels. It competes with products offered by low-cost manufacturers.



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More Statistics

Revenue (TTM) (Mil) $16.93
EPS (TTM) $ -4.30
Short Percentage of Float2.32%
52-Week Range $2.31 - 3.20
Shares Outstanding (Mil)2.94
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iGo Inc (IGOI) President & CEO Michael D Heil sells 70,000 Shares Jan 14 2011 
iGo Inc (IGOI) President & CEO Michael D Heil sells 90,000 Shares Jan 12 2011 
iGo Inc (IGOI) President & CEO Michael D Heil sells 30,000 Shares Jan 07 2011 
iGo Inc (IGOI) President & CEO Michael D Heil sells 20,000 Shares Dec 23 2010 
iGo Inc (IGOI) President & CEO Michael D Heil sells 59,605 Shares Dec 22 2010 
iGo Inc (IGOI) President & CEO Michael D Heil sells 20,000 Shares Dec 01 2010 

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