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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:
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.
nPower™ is a scalable Alternative Energy generation technology. Our Personal Energy Generator is only the first commercial embodiment.
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.
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.
• Boaters • First responders
• Skiers • Doctors & nurses
• Bike riders • Construction workers
• Runners • U.S. Forest Service
• Military • Emerging markets (Kenya)
nPower™ technology produces 410 times the power that M2E produces.
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.
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.