slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of Cleveland. PowerPoint Presentation
Download Presentation
Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of Cleveland.

Loading in 2 Seconds...

play fullscreen
1 / 14

Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of Cleveland. - PowerPoint PPT Presentation


  • 61 Views
  • Uploaded on

Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of Cleveland. Commercializing our proprietary technology named nPower™. 14 week window from being able to initiate manufacture of our consumer electronic device. The Technology:

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of Cleveland.' - media


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide2

Tremont Electric, LLC.

Alternative Energy start-up company located in the Tremont neighborhood of Cleveland.

Commercializing our proprietary technology named nPower™.

14 week window from being able to initiate manufacture of our consumer electronic device.

The Technology:

nPower™ is a scalable Alternative Energy generation technology. Our Personal Energy Generator is only the first commercial embodiment.

slide3

nPower PEG Technology

nPower™ converts kinetic energy from human walking to electrical power.

For example, an 80 kg person creates an average of 78 Watts of power as he walks. Only 3% of the 78 Watts needs to be harvested in order to meet the maximum power requirements of USB 2.0.

Independent test results show that the amount of power nPower™ produces (4 Watts) is sufficient to meet the USB 2.0 specification.

slide5

Initial Business Focus

  • Initial Product Focus
    • Small, inexpensive, easily assembled from outsourced components; nPower™ PEG
  • Intellectual Property
    • The IP team is experienced and has 1 granted patent in a similar field.
      • 3 Months spent mapping IP in this field.
        • 1 Utility Application, with PCT extension.
        • 2 Provisional Applications.
        • 1 Design Patent, extended internationally.
        • 3 Trademarks, extended internationally.
        • Much More to come……
  • Device and Concept Testing
    • Initial commercial embodiment has been independently tested and proven successful.
    • Daily testing is underway.
  • Manufacturability (Cost Model)
    • All components have been quoted and devices have been built validating the cost model.
    • Preliminary manufacturing plan and quality control plan are developed.
slide6

Current Financial Need

We are looking to raise $300,000 through Angel/Early Stage Investors.

These Funds will allow us to:

Begin Revenue Generation.

Carry us to our VC round.

Build our team with experienced Start-Up individuals and people with experience in our targeted markets.

Build the company’s Web site and focus on marketing & PR.

slide7

Current Business Focus; Recruiting Management Team

    • COO
      • An experienced start-up leader, preferably looking for an equity position, that will lead the company through the follow-on round of Venture Capital.
    • Business Development
      • Individuals with an established network within the following sales/distribution channels:
        • Consumer Electronics
        • Outdoor Recreation
        • Military
        • First Responder/Homeland Security
    • Final Product Development
    • An experienced product designer, or an outsourcing option.
slide8

Market

    • Initial Target Markets (electronic device, bag, & walk approx 1 hr/day):
    • College Students
    • Backpackers
    • Commuters
    • Approximate Total Market Size: 11.24 million Americans
    • If Tremont Electric sells to a conservative 1% of these markets in the remainder of 2008-2009, 112,000 PEG devices will be needed.
slide9

Additional Market Segments

• Boaters • First responders

• Skiers • Doctors & nurses

• Bike riders • Construction workers

• Runners • U.S. Forest Service

• Military • Emerging markets (Kenya)

slide10

Competition

  • M2E Power, Inc. (Boise, Idaho)
    • Directed toward the Military Market
    • Product is a Mechanical Battery, not a generator
    • Closed Series A VC Round at $8 million
    • Is constrained from our markets by their own IP
    • Funded by the Department of Energy (DOE)

nPower™ technology produces 410 times the power that M2E produces.

slide11

Management Team

Aaron LeMieux, Founder & CEO:Aaron has 10 years of engineering and business management experience. He has specialized in Crisis Management and Turnarounds of small cap local manufacturing companies and has been an independent start-up consultant to ALCOA. He has a granted patent in a similar field.

Corey Andres, VP Business Development:Has experience in small start-up enterprises in the Columbus area. Corey has successfully lead the Friends and Family funding round for the initial capitalization of the company.

Jill LeMieux, Marketing:Has over 10 years of Marketing and Management experience at local major manufacturer of consumer electronic devices.

Jessica Davis, PR and Sustainability: An innovative leader at a local non-profit enterprise and a civic leader in the sustainability movement.

slide12

Service Team

  • Attorneys
    • General Business-Myers, Roman, Friedberg & Lewis, Mario J. Fazio, Esq.
    • IP-Curatolo & Sidoti Co., LPA., Sal Sidoti, Esq.
    • Equity Funding-Kahn Kleinman, LPA., Howard Bobrow, Esq.
  • Accountant
    • Komorowski Financial Group, Dan Komorowski
  • Marketing & PR
    • Felber & Felber Marketing, Robert M. Felber
  • Growth Consultants
    • Joel Strom Associates, Joel Strom
  • Current Investors
    • We have received $90k in Friend and Family investment to date
slide13

Financial Highlights

From concept to working prototypes, a minimal amount of funding was utilized. The funds were used to secure IP and to refine the mechanical and electrical components.

The projected 1% of sales to the initial target market (112,000 PEGs) will generate revenues of approximately $16,688,000 by year end 2009.