Radiant Technology Corp.: Relocating from Cerritos to...

Radiant Technology Corp.: Relocating from Cerritos to Anaheim resulted in a 79% decline in the company’s net income for fiscal 1989. Net income dropped to $61,900 for the year ended Sept. 30, from $298,000 last year. Revenue rose 36%, to $9 million from $6.6 million. Radiant Technology is a manufacturer of infrared ovens and furnaces for the microelectronics industry.