Published on January 29, 2007
I. EXECUTIVE SUMMARY
FUNDING
The Opportunity:
Intrepid World Communications
(Intrepid) has developed and intends to license and produce a full-color
three-dimensional dynamic holographic computer projection technology, called
LifeVision.. LifeVision has immediate applications in the Government,
Entertainment and Healthcare industries. Intrepid seeks funds to allow the
production and of LifeVision to these industries. The company is now on the
verge of market release of its technology and expects to manufacture and ship
over 70,000 systems within the next five years. Profits are projected to reach
$80 million on sales in excess of $321 million during that time. The company
intends to reach its goals primarily through its licensing program to include
OEMs, Systems Integrators, Resellers and in-house sales programs. The company
has a target ROI of 45-60% compounded per annum over the next three to five
years. Intrepid is poised to meet the market need and requires approximately
$9.9 million, over the next 12 – 18 months to complete, produce and license its
proprietary product line. The company plans to release this technology in the
second quarter.
Company Background:
Intrepid was incorporated in
Delaware in 1994, and has been in pure development since its inception. The
company has offices in Birmingham, Michigan.
Product:
LifeVision is source neutral. Information
can be sent from live stereo cameras, stereo videotape, or computer. Source
information is projected through the holographic screen volumetrically with
images appearing to “float” up to 30 inches in front of the viewing screen. The
system requires no special glasses or eyewear and the image is seen clearly
regardless of the surrounding light. Recent advances in technology have enabled
Intrepid to reduce system size significantly, increase performance and
resolution and lower cost. Intrepid controls the intellectual property covering
a range of important technological advances.
Management Team:
Jim Fischbach-Chairman/CEO
Dr. Hans Bjelkhagen-Exec. VP, Product Development
Sales & Profit Goals: First Five Years:
Sales:
$321 Million
Profit: $ 80 Million
Projected Market
Capitalization
$300 Million, within 3 – 5 Years
Product:
Advanced Three-Dimensional Systems Solution
Provider
Target Market:
Entertainment
Amount of Financing Sought:
$10,000,000
Use of Funds:
| · | Product Completion |
| · | Marketing |
| · | Licensing, Patents, Copyrights |
| · | Working Capital |
| · | Equipment |
| · | Loan Payments |
| · | Accounts Payable |
| · | Cash Reserve |
Investment to Date: $9.5 Million
Number of Employees: 9