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- * DESCRIP.TXT
-
- PRODUCT/SERVICE DESCRIPTION
-
- Proprietary information is available to investors upon signature of
- Nondisclosure Agreement.
-
- * Discuss the characteristics of your products and services
- * How do they differ from similar products or services
- * What customer reactions may be anticipated due to these
- characteristics?
- * Explain how you will satisfy customer needs and wants.
-
- XXX, our principal product/service, consists of XXX
-
- * How the product works or how the service is used.
- * How have these products and services evolved over the past two
- years?
-
- (Company) currently offers XXX products/services. Development of other
- products/services is in progress and future products/services are
- planned. All products/services from (Company) have XXX (particular
- characteristics unique to your company)
-
- This capability for XXX is a unique feature enjoyed by (Company) and our
- customers.
-
- CURRENT PRODUCTS/SERVICES
-
- A
- B
- C
-
- (product/service)
-
- The first product/service developed by (Company) is called XXX
-
- Through advanced features including XXX
-
- * Describe any unique value-added characteristic your product/process
- provides to the customer and how this translates to competitive
- advantage for your company
-
- PROPRIETARY TECHNOLOGY
-
- Our product(s) is protected under the following
-
- * Patents, copyrights, trademarks etc.
- * Contact the U.S Department of Commerce / Patent and
- Trademark Office, Washington, D.C. 20231 for more information.
- * General Patent and Trademark Information: (703) 557-INFO
- * Status Information for a Particular Trademark: (703) 557-5249
- * General Copyright Information: (202) 479-0700
-
- PAY BACK
-
- For most customers, XXX will pay for itself in terms of XXX within XXX
- months.
-
- * Fewer rejects or breakdowns
- * Lower warranty costs
- * Advantages leading to a better-quality end product
- * Faster turnover of inventory
- * Improved efficiency
- * Improved convenience
- * Advantages in opportunity costs saved in other areas
-
- Regarding cost savings (product/service) will save our customers money
- in terms of XXX
-
- * Reduced labor costs, lowered reject rate, reduced downtime,
- lowered inventory costs, improved convenience and displaced employee
- activity
-
- Our customers can generate more profits in terms of XXX
-
- * Heightened productivity, improved product performance, increased
- productive capacity and concentrating on their business
-
- Some non-monetary benefits of owning/using (product/service) include XXX
-
- * Entertainment, improved appearance, better health, overload
- reduction, stress relief
-
- USEFUL PURPOSE AND BENEFITS
-
- (Product/service) provides XXX (features/benefits) that XXX (specific
- customer benefits)
-
- These combined capabilities provide XXX (specific customer benefits)
- This, in turn, can be used to XXX (more specific customer benefits)
-
- In addition, XXX
-
- * Why customers will buy it from you
- * Proves that sales will be made
- * Proves that you can convince people to buy
- * Quantify where possible
-
- FEATURES HIGHLIGHTS
-
- (Product/service) is an extremely XXX, requiring XXX
-
- For example: one of (Product/service)'s features is its ability to XXX
-
- (Product/service) allows users to XXX
-
- XXX is another powerful feature. This includes XXX
-
- XXX saves a tremendous amount of time when XXX
-
- Under conditions when XXX -- instead of XXX
-
- One very strong capability is (Product/service)'s ability to XXX
-
- Because of its extreme XXX (Product/service) can XXX
-
- Compared to traditional XXX (Product/service), is approximately XXX
-
- In addition, (Product/service) does not require XXX
-
- KEY BENEFITS OF ALL PRODUCTS/SERVICES
-
- The major benefits of the combination of all products/services are
- improved XXX through XXX, and XXX
-
- TESTS
-
- Completed tests have shown that XXX (results)
-
- Additional tests planned/required will enable us to XXX
-
- * Describe test objectives
-
- ECONOMIES OF SCALE
-
- * Discuss how you plan to take advantage of production efficiencies
- when unit quantities are ramped up.
- * See also Manufacturing section for more details.
- * For service organization--lower management to labor ratio.
-
- PRODUCT/SERVICE LIFE CYCLE.
-
- * The time factors influencing your ability to make money, and the
- effects of economic cycles. Include contingencies.
- * Explain life cycle of product/service. For greatly increased
- under- standing, it is recommended that you create a simple chart
- covering the life cycles of your products/services.
- * Where are your products on this chart? If several products are in
- different life cycle positions, indicate each separately.
- * What conclusions do you draw from the life cycle positions?
-
- PLANNED PRODUCTS/SERVICES
-
- (Company) plans to continually develop new products and enhance existing
- products. New products/services that are to be developed in the near
- future include a XXX, XXX and a XXX.
-
- Concepts for follow-on (next generation) products or services include
- XXX
-
- * Discuss plans for your next generation of products/services.
- * Discuss add-on services for future customer needs.
-
- EXHIBITS
-
- * Drawings of the product to be manufactured or a detailed
- description of the service to be offered.
- * Tests made, the data and results.