On stable equivalences induced by exact functors

Let and be two Artin algebras with no semisimple summands. Suppose that there is a stable equivalence between and such that is induced by exact functors. We present a nice correspondence between indecomposable modules over and . As a consequence, we have the following: (1) If is a self-injective algebra, then so is ; (2) If and are finite dimensional algebras over an algebraically closed field , and if is of finite representation type such that the Auslander-Reiten quiver of has no oriented cycles, then and are Morita equivalent.