Real-View 3D, Inc. Business Summary
Company: Innovative 3D scanning technology
Number of Employees: 2
Location: Las Vegas, NV, Engineering office in Rochester, NY Management: Jonathan J Howard
Bank: Canandaigua National Bank & Trust
Law Firm(s): Merzbach Law Office
Current Investors: Common Stock - Founders and Angel investor
Financing Sought: $1.2M
Equity or Debt Financing solutions will be considered.
Business Description and Opportunity
3D scanning is the next logical step in image display. The technologies behind the Real-View 3D scanners will change the way online objects are viewed and sold on the internet. Real View 3D delivers the ability to scan an object and then view it from any desired angle. Real-View 3D has developed a family of next generation scanners for capturing images in 3D. Our low cost solutions will be the price performance leader taking advantage of a pent up demand for online 3D imaging and rendering which can be utilized in such areas as online sales in places like E-Bay and online product catalogs
Market Strategy
Real-View 3Ds products will serve value oriented customers (home and commercial uses) and will not directly compete with high end scanners costing thousands to tens of thousands more.
Major Milestones (prior to funding)
• Built an operating proof of concept of first Real View 3D 360
• Established a core team of professional Engineers, Industrial Designers, and Manufacturing contractors to support product commercialization
• Developed long range forecasts and strategic business plans
• Product demonstrated at the 2009 CES show and received extremely favorable reviews
• Prototype completed and operational
Use of Funds:
• Complete Product Engineering
• Marketing & Sales Channel Development
• Manufacturing and Operations start up
• Projected Working Capital Needed to get to Positive Cash from Operations
Differentiators
• Low cost solution to providing 3D renderable images. Other solutions are made for the reverse engineering markets are highly accurate and expensive. Our product will be accurate to 1/16th - 1/8th of an inch
• Ease of integration with other applications, Scanned images will convert easily to Flash, CAD, and PDF files and other popular formats and applications.
Get to Market Strategy
• OEM agreement with worldwide distribution partner.
• Strategically placed reviews in trade publications following the tremendous buzz created at the Consumer Electronics Show.
• Product shipments to start 6 months from funding.
• Establish brand name identity through selling online and through distribution agreements, VARs and smaller resellers that sell to graphic arts and engineering services business .
Product Offering
Financial Metrics ($m)
Sales and income forecast for RV 3D scanner alone
thousands
(000)s 2012 2013 2014 2015
Sales $ 1,829 $ 12,668 $ 19,144 $ 33,666
Gross Profit 1,367 9,263 10,643 17,793
Gross Margin 74.7% 73.1% 55.6% 52.9%
Operating
Expense 1,315 3,051 4,100 4,827
Income Before
Tax 52 6,212 6,543 12,967
Start-up Expenses
Engineering $325,000
Initial setup and Production $375,000 Marketing $100,000
Dental scanner $200,000
R&D medical imager $200,000
These expenses will see Real View 3D through the first 600 units for production.
The first 5,000 unites are expected to sell at a premium price to meet pent up demand
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Echo20
