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GSI Group Inc. (USA)
125 Middlesex Turnpike
Phone: (781) 266-5700Bedford, MA  01730  United StatesTicker: GSIGQ

Filed for Bankruptcy on 11/20/2009
Case #09-14110, filed in the U.S. Bankruptcy Court for the District of Delaware

Business Summary
GSI Group Inc. (GSIG) designs, develops, manufactures and sells lasers, laser systems, precision motion devices, associated precision motion control technology and systems. The Company's customers incorporate the Company’s technology into their products or manufacturing processes, for various applications in the industrial, electronics, semiconductor, medical and aerospace markets. Its products help customers to meet extremely precise manufacturing specifications, including device complexity and miniaturization. GSIG’s business consists of two segments: Precision Technology and Semiconductor Systems. These generate approximately 60% and 40% of GSI’s revenue, respectively. In August 2008, GSIG announced that it has completed its acquisition of Excel Technology, Inc. In November 2009, the Company filed for Chapter 11 bankruptcy with the United States bankruptcy court for the District of Delaware.
 
Financial Information
Financial Ratings:Z'' Score  FRISK Score
Latest Financial Statements
and Analyses:
6/27/2008    Annual Financials    Quarterly Financials    
Current Fiscal Period:2Q 2008
Fiscal Year End:December
Last Audit:12/31/2007
Auditors:Ernst & Young LLP
Audit Opinion:Unqualified
Public Filings:Bankruptcy Filings    
Other Statements:Trade Payment History    
SEC Filings:Management Discussion & Analysis    Full Filings    
 
Stock Performance
 
News Stories
Date
Headline
2/1/2010GSI Group Inc. Equity Committee Urges Shareholders to Reject GSI's Reorganization Plan
2/1/2010GSI Group Seeks To Reward Senior Management With Bonuses
1/21/2010GSI GROUP INC FILES (8-K) Disclosing Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
74 additional News Stories available in full report.
 
Industries
Type
Code
Description
SectorTECHNOTechnology
IndustrySEMICOSemiconductors
SIC3559Special Industry Machinery, Not Elsewhere Classified
3845Electromedical And Electrotherapeutic Apparatus
NAICS333295Semiconductor Machinery Manufacturing
334510Electromedical and Electrotherapeutic Apparatus Manufacturing
 
Management

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, DirectorSergio Edelstein537/25/20067/10/2006
Vice President - Global Manufacturing OperationsNino Federico571/1/20089/1/2002
Vice President - Global Sales and MarketingRay Sansouci571/1/20081/1/2008
9 additional Management records available in full report.
 
Branches and Subsidiaries
Business Name
Address
City
State/Province
Country
MES International, Inc.125 Middlesex TurnpikeBedfordMAUnited States
GSI Group Corporation125 Middlesex TpkeBedfordMassachusettsUnited States
 
Business Names
Business Name
Excel Technology, Inc.
General Scanning Securities Corp.
General Scanning VI Export Corp. -FSC
13 additional Business Names available in full report.
 
General Information
Number of Employees:1,363 (As of 12/31/2007)
Outstanding Shares:41,607,460 (As of 6/27/2008)
Shareholders:100 (As of 12/31/2007)
Stock Exchange:OTC
Federal Tax Id:980110412
Fax Number:(781) 266-5114
Email Address:creccof@gsilumonics.com
 

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