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December 2005
 
 
 
OrthoData Technologies LLC
709 Sentry Way
Louisville , KY 40223
Telephone: 502-384-8401
Contact: Tim Prell
 
Occupational Injury Centers
Contact: Dr. Michael Best
 
Situation
 
Employee health and productivity losses as a result of work-related injury are estimated to be $1.25 trillion annually to US companies according to a recent study on Corporate Health and Safety Costs.
 
In addition to the cost of worker’s compensation, the physician competency level in treating musculoskeletal injuries is low among the physicians themselves in rural practices. For the most common injury locations of the shoulder and knee, physicians rate their own competency at 3.6 or lower on a scale of ten in treatment ability. This is not to say that the physicians are not properly trained, but that their experience with such injuries is limited. In pre-clinical training, only 42 % of US Medical Schools have mandatory training/instruction in musculoskeletal medicine. 79% of all Medical Schools require no clinical experience in musculoskeletal medicine in residency training. How can this be fixed? With specialized centers that treat only worker’s comp injuries.
 
Company Description
 
Full start-up, treatment / diagnostic centers for workers’ compensation injuries. Each center supplies an occupational medicine center, physical therapy center, and MRI unit.
 
Competition
 
Occupational Health Clinics, Hospital Emergency Rooms, Immediate Care Clinics, Family Physicians, MRI Centers and Physical Therapy Clinics
 
Projected Revenue
 
@ 22 New Patients daily…………..$ 3,000,000
@ 42 Established Patients daily….$ 1,000,000
(40 % OH)…$ 2,600,000
MRI @ 10/day:
$1,560,000 gross
455,820 Overhead + salaries
375,000 Lease and build out (1.5mi;5yr)
Total net profit = $750,000
Physical Therapy…@25/day (40% OH)
Total Net profit = $400,000
 
Financing Sought
 
Seeking $5 million in initial round of financing.
  
 
Discernity
Telephone: 502-558-7500
e-mail: chris.chase@discernity.com
Contact: Chris Chase
 
 
 
 
 
 
Business Profile:
 
Discernity is a Wireless Internet Infrastructure Services company for multi-occupant properties, communities and locations. Discernity sells services to companies who in turn offer it as an amenity to their customers or infrastructure to their employees. Customers buy no equipment. Instead, they pay Discernity a monthly fee to operate their wireless (“Wi- Fi”) location. This service includes the equipment, maintenance, support, and technology upgrades. Customers can use the infrastructure for high speed internet, Voice over IP (VoIP) and Surveillance and video conferencing. Discernity designed a unique broadcast architecture for the wireless signal. Combined with a
proprietary installation methodology and an innovative pricing model Discernity owns a competitive advantage that is difficult to copy. It also provides substantial profit margins while offering customers compelling pricing.
 
The Market:
 
Wireless Internet is in the beginning stages of an exploding market. It is predicted that service provider revenues for wireless Internet access will grow from $1.0 billion in 2002 to $18.4 billion by 2008. Discernity will focus on: the apartment and condo industry, the lodging industry, hospitals, college campuses, K- 12 schools, libraries, office buildings, coffee shops, restaurants, convenience stores, shopping malls, conference centers and truck stops.
 
Value Proposition for Customers:
 
The Discernity model offers immediate increased profitability to customers. Customers have no capital expenditure and costs are constant and predictable. Their monthly incremental revenue substantially exceeds the payment to Discernity, providing immediate Return on Investment (ROI). Capital Investment - low monthly fee with no capital
investment or up front costs vs. large capital investment; immediate ROI within the first few days of every month vs. an extended period of time to recoup the capital investment.
 
Business Model:
 
Long term contracts provide a recurring revenue stream and cover the lease/purchase cost of equipment minimizing initial capital expenditures and affording early profitability and stability. Customer is provided a preferable contract service which provides an immediate ROI with no capital expenditure.
 
Current Results:
 
Over $500,000 in contracts have been sold
 
Investment:
 
Discernity is based in Louisville, KY and is currently profitable. Discernity is seeking $500,000 in early stage capital to accelerate growth. Financial projections demonstrate consistently profitable monthly results by the end of the second year.
 
 
Brims Ness Corporation
535 Madison Avenue, Ste. 503
Covington, KY 41011
Telephone: 859-392-3112,
www.brimsness.com
Contact: John Merrill
 
Business Profile
 
The Brims Ness technology provides low-cost, continuous, on-line monitoring of water in a flow, detecting ions and organic molecules. It replaces the current practice of drawing samples and submitting to labs for analysis. BNC patented technology detects: - all ions, individually or in groups, e.g., copper, lead, nitrate and arsenic
- organic molecules, e.g., hydrocarbons in H2O
- potential for detecting biological objects for use by point-of care (POC) providers and war-on-terror agencies.
 
Target Markets
 
Industrial: Heavy metals detection in water flows of process industry applications. Maritime: Hydrocarbon detection at the output of oil/water separators in the bilges of ocean-going vessels.
Residential: Fail-safe devices to detect breakthrough in drinking water filtration.
 
Key Staff
 
President – John H. Merrill, sales and marketing background, diverse experience in water treatment industry, MBA Stanford Univ.
Chief Chemist – Alex Waldrop, PhD, specialized knowledge of chemistry issues, PhD, Biophysics (1977) Johns Hopkins Univ.
Chief Technology officer – Rex Harper, 27 years experience, applications engineering and new product design, BSEE, UMaine CEO (in near future)
 
Financing
 
Current financing is supplied by:
Fed and state grants $900K
Owner’s loans/equity $600K
Loans $500K
Financing needs:
$150,000 – Now to build and install beta units, secure customer testimonials and prepare documentation for next funding round.
 
 
November 2007
 
      
OrthoData Technologies LLC
709 Sentry Way
Louisville , KY 40223
Telephone: 502-384-8401
Contact: Tim Prell
 
Opportunity
 
Approximately 46,000 exploratory spine surgeries were projected in 2004 at an annual cost of over $1.5 billion. This procedure is standard practice to determine the success of a spinal fusion surgery when the patient's pain persists after six to twelve months. 
 
Product
 
OrthoData Technologies has developed the SmartRod System, a breakthrough diagnostic system that will allow orthopaedic surgeons to accurately diagnose the success of spinal fusion and eliminate the need for unnecessary exploratory surgery. 
 
Technical Advantage
 
Four years in development - it is accurate, replaces inconclusive x-ray or CT-scan imaging and is easy to use for the surgeon. The monitor is a snap fit, requiring no batteries and can be read using a handheld scanner. Diagnostic results will be significantly more accurate than current methods.
 
Competition
 
No similar product exists on the market today. The current competitors include x-ray and CT-scan techniques, which cannot measure bone strength and cause unnecessary exploratory surgeries.
 
Financing Sought
 
$500,000 (Seed Round) to begin FDA testing and add personnel.
 
Total Previously Invested
 
$348,000 grant from the National Science Foundation
 
$200,000 Innovation Fund Award from the Kentucky Science and Technology Corporation
 
$34,000 by founders
 

Past Presenters Panel
 
For the November meeting, The Venture Club invited a panel of past presenters to come back 5 years later and give the club an update of where they are and the status of their businesses. Each company principle was joined by the venture firm representative who did and who did not choose to invest in the company when they were looking for funding.
 
SouthEast Telecom is a community-focused telecommunications provider offering local telephone service, long distance, Internet and paging products for residential and business customers in Southeastern Kentucky. SouthEast Telephone's major growth in the past years has been successful due to a marketing plan which focuses on networking
agents throughout the service areas offering local telephone service, long distance, Internet, Digital Subscriber Line or DSL (where available) and paging through "hometown" telephone service providers. There are now more than 30 such agents in the SouthEast Telephone family of agents.
 
Founder: Darrell Maynard
 
Did not invest: Bob Saunders, Chrysalis Ventures
 
Did invest: Rick Kieser, River Cities Capital Funds/ Elmer Parlier, Kentucky Highlands Investment Corporation
 
VoicePad combines the availability of the phone with the power of the web. For the first time, businesses and individuals can quickly add cost-effective, high quality automated presentation capabilities to their marketing tool kit. Sophisticated and customizable with the click of a mouse, VoicePad connects buyers with sellers in an intuitive and natural manner anywhere, anytime. Individuals can purchase VoicePad service online and through a qualified network of retail outlets, newspaper classified publishers and professional organizations.
 
VoicePad enables businesses to implement a commercial-grade communications solution for a fraction of the cost of unwieldy, proprietary interactive voice response platforms. Most importantly, VoicePad delivers a powerful tool to small and medium sized enterprises that don’t want the risk of a variable expense associated with current hosted voice service providers.
 
President and CEO: Randall Standard
 
Did not invest: Paul Lucchese (now company CFO)
 
Did invest: Pete Laventis
 
BBR Wireless Management offers services to help companies manage their corporate wireless telecommunications wit services including rate
plan optimization, web-based procurement, asset tracking, and wireless management reporting. Customers range in size from those with a few hundred wireless devices to Fortune 100 clients with tens of thousands of wireless devices.
 
President/CEO and Founder: Jim Carroll
 
Did not invest: Elmer Parlier, Kentucky Highlands Investment Corporation
 
Did invest: Jeff Rose

October 2005
 
Universal Support Systems, LLC
102 Manor Ave, Suite #102
Bardstown, KY 40004
Telephone: 502-331-9135
e-mail:info@letUSSsupportyou.com
Contact: J.R. Davis
 
Product
 
U.S.S. manufactures equipment support platforms and offers roof consulting to many industries including: HVAC, Telecommunications and
Utility. The patented leg assembly supports tens of thousands of pounds of weight and distributes the load to a designed value of 2 to 3 pounds per square inch.
 
Opportunity
 
Universal Support Systems is currently a premier supplier of Heavy Equipment Platforms to the wireless telecommunications industry. Additional penetration into wireless telecom industry would supply more than 10,000 new sites annually projected through 2015. A similar opportunity exists in the disaster relief areas, mobile housing industry and military applications.
 
Technical Advantage
 
USSR has a proprietary product with sales driven by satisfied, repeat customers. The company is market place-positioned to grow rapidly if it has the proper resources. Ina typical telecom site comparison, USSR can reduce the conventional construction time to build a platform by 75%; also capable of reducing construction material costs by 35% to 60%.
 
Competitive Advantage
 
Leg Assembly is a proprietary product
Elevated Center Hub evenly distributes weight across 201 square inches of surface area.
Exothermically-welded grounding lead USSR has comparatively reduced construction costs and reductions in time to build versus the> competition. Given that, construction times are also reduced.
 
Financing Sought
 
Seeking $1.1m to purchase manufacturing equipment, expand the sales force, advertise, and develop inventory.
 
  
 
The MeterPod™ by AxissComm LLC
11101 Harrods Creek Court
Louisville, KY 40223
Telephone: 502-244-3581
e-mail: dbloom@axisscomm.com
Contact: David Bloom
 
Product
 
The MeterPod™ is a remote, intelligent, transparent bridge between analog modem devices, such as industrial utility meters and environmental/security monitoring equipment, and a variety of digital cellular communication air interfaces. MeterPod™ provides money savings and measurable efficiencies for utility companies looking for bag phone replacement (BPR) technology TODAY and a superior SCADA solution for industrial, wireless, remote data access and control solutions.
 
Competition
 
No other remote communications device on the market currently has all of these built-in features:
 
LCD display offers ultimate flexibility in configuration, set-up, setting adjustments, device diagnostics and maintenance
Offers CSD and Packet Data in a single package
Has seamless integration into existing applications
Operates on any cellular band and air protocol, including Short Messaging Service (SMS) protocol
Comes with a complete set of internal network interconnection ports that allow for the two-way connection and communication between networks and remote devices
Provides data transmission from remote analog devices
Controls remote devices
Ready for installation on an exterior wall or on the monitoring device
Available in a NEMA 4 weatherproof case for severe exterior environment applications
Works on GSM & CDMA Circuit Switch Data (CSD) networks
Set up requires no extended devices (Customer benefits from speed and volume.)
Accelerates setup for wired and/or wireless with the click of a button
Provides date and time-stamped records
Financing Sought
 
Seeking $2 Million for Start Up:
 
$400,000 Inventory Build Up
$150,000 R & D to Beta Test
$200,000 Salaries: Marketing, Sales, Finance
$150,000 Test Equipment, Computers, Furniture
$700,000 Continued R& D
$400,000 Working Capital
 
  
  
Garments Holding, LLC
Telephone: 502-657-6400
e-mail: mhentschel@mygarments.com
Contact: Michael Hentschel
 
Business Profile
 
Getting affordable, reliable dry cleaning is a challenge for most consumers. Add to that the additional challenge of actually making it to the dry cleaner during normal hours and you understand their frustration!
Now you can provide a reliable 24/7 solution to dry cleaning in a scalable, low cost opportunity. Garments Holding offers:
 
Unprecedented 24/7 convenience
Unprecedented 24/7 trained personnel
$2.50 and $0.99 mid-Price for garments
Superior locations at low cost
High-traffic-partner co-marketing
PR impact spread across city
Proven path to 20% market share
Proven neighborhood advertising methods
Brand and concept uniqueness
The Garments solution is provided in the form of a walk-up kiosk with an ATM-style touch screen unit. Customers key in their address, any garment specific information and deposit their clothing in a side door. The customer pays for their order and receives a receipt with a code and a pick-up date. When the garments are ready, the customer simply keys in their retrieval code and the clothing is returned through the same deposit door. It’s that easy!
 
Implementation
 
Garments kiosks can be installed in 30 unit groups per major city for maximum efficiency. Units can be installed in convenience stores, grocery stores, mega stores and other individual stores not linked to a chain.
 
Partners and Executive Leadership Team
 
James (Sonny) Garner, CEO, Founder
Michael Hentschel, CFO, co-Founder; WC Bullock, VP
Business Development;
Maurice Garrard, VP Technology
 

September 2005
 
Ag Forest Partners
90 Spruce Street
Murray , KY 42071
Telephone: 270-753-7300
Contact: Hoyt Choate
 
Opportunity
 
There are over 2 million farms across the U.S. Among this group, there are 125,000 farms that can be considered the "heavy producers" representing approximately 85% of all production, an average of 2,300 acres, work an average of 85 hours per week and spend over $250,000 per year on farm production.
 
It is this group of heavy producers that are experiencing an unfulfilled search for easy to use, farmer friendly technology which will allow them to rapidly produce required EPA and USDA reports, improve yield output, store important pictures and notes, track fertilization usage, and prepare third-party reports.
 
Another group experiencing a technological need is the seed dealers. There are 90,000 seed dealers looking for a more efficient means of tracking and monitoring seed consumption from the seed trait company and to the farmer.
 
Product
 
AgForest Partners will offer two formats under the TapLogicT software configuration-FarmNT and SeedNT. FarmNT has been developed to address the technological needs of today's farmer while SeedNT has been developed to address the needs of the seed dealers and seed trait companies.
 
Technical Advantage
 
Intuitive- Two years in development; a reflection of the farmer's lifestyle and process.
 
TapNDoneT- No complicated software; just tap the screen. Simple- Downloading data from the PDA is as simple as walking by your TapLogicT commbox.
 
Competition
 
Two leading competitors are standard canned software packages, which rely heavily on customer service programs to exist. Systems and software are too complex and time consuming for practical use.
 
Financing Sought
 
$800K (Seed Round )for product development, marketing and personnel
 
Total Previously Invested
 
$300K by founders: Hoyt and Renee Choate
 
 
Country Acres Pet Resort
Telephone: 502-724-2300
E-mail: perway@superiorvan.com
Contact: Paul Erway
 
Opportunity
 
To develop a pet care facility that will focus on interaction intensive pet care for pets whose owners are away from home for a day or a week.
 
. to provide a place for animal training in a supportive rural atmosphere
. to give area owners a pet friendly place to have their dogs groomed
 
Animal related products and services is one of the fastest growing categories in the US . In the last ten years owners have changed the way they look at their pets and the way their pets fit into their lives. A decade ago it was fine to send your pet to a concrete- floored kennel, now most owners want to have their "fur children" pampered and the old image of a concrete indoor/outdoor space with chain linked runs is too cold and unfeeling. Owners feel guilty about leaving their buddies, and want to ensure the most homelike atmosphere they can find, The Erways understand this, since they feel this way too, and they want to provide this service for them.
 
Paul and Barb Erway, residents of Simpsonville , KY , have been planning this upscale lifestyle kennel for the last three years. They have traveled around the country looking at facilities and pet resort management - developing their ideas and researching client and pet needs. Paul Erway has a BA in animal husbandry, and Barb Erway is a RN licensed in Kentucky and is currently working at Jewish hospital Shelbyville. Mrs. Erway is completing her certification in animal management, and has recently received her certification form Nash
 
Pet Grooming Academy in Lexington . Barb has been asked by Nash to help set up and oversee a regional office in the Louisville Area. Mr. Erway is sales manager at Superior van and helps manage 4 of the company's sales offices.
 
Financial
 
An estimated $300,000 equity injection will be needed to develop the develop and market the resort. Country Acres Pet Resort projects profitability in 18 months.
 
Status
 
Country Acres Pet Resorts has an already developed business and marketing plan, and has architectural renderings that show how the resort will fit in the landscape.
 
The Erways have already started servicing the pet owners who have responded to their grassroots marketing campaign.
 
 
       
Music World International
Telephone: 502-569-1965
Contact: Frank Hollan
 
Business Profile
 
Music World International is a privately held concept company that is in process of creating family entertainment malls and theaters. The concept, likened to Branson , MO , brings a city full of live family entertainment and merchandising under one roof as a franchise. Not only is their opportunity for sales and distribution of videos and merchandise, a potential investor also reaps the reward of a solid real estate investment. Four individual profit-centers are within the MWI umbrella - Entertainment, Properties, Publishing and Franchising. The properties are called "Festival Centers" - to be built to defined Music World specs in some already identified cities.
 
Music World has targeted property adjacent to Mammoth Cave National Park as it's flagship property. Not only is Mammoth Cave Kentucky 's most frequently visited destination, it is also within 10 hours drive of two-thirds of the U.S. population. In addition to Mammoth Cave , MWI has also targeted key U.S. locations for franchise expansion: Dallas , New York , Niagara Falls , Tampa Bay , St. Louis , Seattle , Las Vegas , New Orleans and Palm Springs .
 
Profit Centers
 
Revenues will come from several sources:
 
Attendance at each facility - from turnstile, to games, to popcorn
Attractions include "Hall of Fame"-type displays, merchandise, live performances, interactive video and computer terminals, major concerts
Live performance and video distribution
Merchandise - from t-shirts to belt-buckles
Franchising sales and royalties
Buying, selling and leasing real estate
Partners and Executive Leadership Team
 
-Frank Hollan
-John Y. Brown III
-Mark Messina
-Patrick Day
-Russ Ray
- John W. Wilson
-Harold Hill
-Cheri K. McGuire
-Dr. Clifford Kuhn
-Neil Kuvin
 
Financing Sought
 
Seeking $750,000 seed round. Future funding needs depend on direction of company.

August 2005
 
      
Integrated Simulations
112 Spruce Lane
Louisville, KY 40207
Telephone: 502-894-8109
Contact: Tim Allen or Sunny Dronawat
 
Business Profile
Manufacture full-featured, static, configurable simulators. Our first product is a static configurable simulator for light aircraft.
 
Technical Summary
 
Uses generic low-cost hardware and open source software. The software is proprietary and has patent-able elements. The simulator is 75% cheaper than nearest full feature static simulator. The prototype is about 80% complete.
 
Product and/or Service
 
The simulators will be placed at Flight and Training Schools. The manufacturing costs have been reduced to less than $5000 per simulator. Simulation time will cost: $15/hour for students and we projected usage of1000 hour/year. Revenue per simulator: $15,000/yr. Margin per simulator:$7,500/yr.
 
Competition:
 
Currently there are no configurable simulators. Static Simulation manufacturers. The only other player in the static market is expensive and can only simulate one aircraft and costs $25,000.
 
Marketing Strategy:
 
Advertisements through Direct Mail, Air Shows, Air Industry Magazines and Avionics Magazines. We have in our plans revenue sharing promotional programs with high exposure areas -FBO's and Air Schools . We also will partner with Avionics Manufacturers who are introducing new avionics and want to demo it to aircraft owners and manufacturers.
 
Five Year Strategy:
 
Integrated plans to complete development of its Beta product within nine months of this round. We plan to have 100 simulators in place at Air- schools by end of year three and move into defense, homeland security, and heavy equipment industries.
 
Financing Sought:
 
$100K (Seed Round) 50% Product development, 50% Marketing
 
Total Previously Invested:
 
$25K by founders: Sunny Dronawat, MBA, and Ph.D. and Tim Allen, a licensed pilot and computer expert with 15 years experience.
  
 
Sure Gene
1044 E. Chestnut St. #7
Louisville , KY 40204
Telephone: 502-569-1070
E-mail: suregene2@cs.com
Contact: Tim Ramsey
 
Business Profile
 
SureGene, LLC is committed to improving the lives of sufferers of psychiatric illnesses and their family members by removing the guesswork from diagnosis and treatment of these oppressive diseases. The company seeks to complete development of AssureGeneTM schizophrenia diagnostic test (currently in beta test), secure a marketing/distribution partnershipand earn royalties of 25% (up to 50% is typical).
 
Market Overview:
 
The total market size in theUSA is roughly $9 billion with roughly 3 million affected individuals (1%). With an average of 2 additional family members submitting themselves for for testing brings a total of 9 million possible tests sold. Average Price/Test of $1,000 (less than the market value)
 
Competition:
 
Marketing competitors include Abbott and Roche- both are on desirable future partner list.
 
Scientific competitors include Celera, deCode, Perlegen, and others. Competition is mainly for DNA Associations and IP. Multiple tests for same disease could be used if multiple genes involved as in Schizophrenia.
 
Intellectual Property Position:
 
SureGene has retained Dr. Louis Myers of Fish and Richardson, LLC (a leading practitioner of Genomic IP law) as our intellectual property counsel. SureGene anticipates having dominating IP around the genetic locus that powers the AssureGeneTM test thus ensuring a statutory monopoly.
 
Management Team:
 
-Timothy Ramsey, MS/MBA - CEO
-Dr. Mark Brennan, Ph.D. - Founder and CSO
-Dr. Herbert Meltzer, Ph.D. - Scientific Advisor
-Dr. Holly Neibergs, Ph.D. - Head of Genetic Testing
-Larry Palmer, LL.B.
 
Financing Sought:
 
Seeking $750,000 seed round. Future funding needs depend on direction of company.
 

 
July  2005     
   
 
 
The Fifth Annual Venture Club Inventor's Fair
 
Click here for overviews of the presenters who attended the June Inventors Fair at Slugger Field. Despite the heat, 19 presenters came to showcase 23 inventions to a crowd of 170 members and guests. Thank you to all who participated in the event and to the Vogt Awards for their continued sponsorship. See you next year

 
 
 June 2005
 
      
The CMOOR Group
209 Townepark Circle, Suite 200
Louisville, KY 40243
Contact: Connie Moorhead, President
P: (502) 254-1590 E:connie@cmoor.com
 
Business Profile
The CMOOR Group was founded in 2000 by Chris Moorhead and Connie Moorhead to exclusively serve the eLearning development needs of clients in the security, construction and manufacturing industries. The idea for the company was generated during Connie Moorhead's employment with Construction Zone, a company in Louisville, Ky., selling and reselling construction equipment online. Connie had been successfully building a custom eLearning division there when the company closed its doors. She, and her husband, Chris, took this very viable business idea under their own management, and have since turned themselves into an industry authority on eLearning issues. Through the years the company has developed eLearning Programs for some of the biggest companies and trade associations in the industry, including Underwriters Laboratories (UL), The Security Industry Association, BOSCH, Brinks, HID, ASSA ABLOY, and many more. The Moorheads are also sought after speakers at industry conferences and frequent columnists in publications such as Security Systems News, Security Dealer, and others.
 
Performance
 
In 2005, The CMOOR Group was named a"High Impact Company" fast-growth business by the Louisville Metro Government and Greater Louisville Inc. having achieved more than $1 million in revenue and 20 percent growth every year for four years. Sales and EBITDA performance available for review by interested investors.
 
Financing Sought
 
$500,000 in exchange for equity in the company.
 
  
NanoMed Delivery
11812 Lake Stone Way
Prospect, KY 40059
P: (502) 299-0180
E: NanoMed@gmail.com
Business Profile
 
 
 
 
We envision a company dedicated to developing painless, effective, and safe transdermal drug delivery using nanotechnology. Currently only small molecule medicines such as hormones and nicotine are available transdermally. Ourmolecule drugs, including most prescribed drugs, to transdermal delivery. Our vision is to offer consumers current oral and injectable drugs in transdermal patch form. Our patch will transport medicine painlessly into the bloodstream, where it will circulate systemically. Our product is beneficial for consumers who forget to take medications, who cannot swallow tablets, or who fear needles.
 
Opportunity
 
The emerging active patch market is expected to increase 26 times in the next five years to $517M in revenue. The NanoMed patch appeals to pharmaceutical companies because these companies can extend patents five years or longer by reformulating an existing drug into a new delivery system, such as our patch. In contrast, a pharmaceutical company can spend more than $1.3B to develop and market a new medication.
 
Competition and Competitive Advantage
 
Transdermal drug delivery of large molecules is an emerging market. So far, only one company has reached the market with a device that pushes a small molecule through the skin, using electricity. Most of the patches in development have to be paired with a hand held, external device, in order to work Our patch overcomes these limitations with innovative nanotechnology that eliminates the need for an extra device, making us unique in the industry.
 
Finances
 
NanoMed Delivery will break even in year 7. We expect an ROI of 100% to our VQ in a four year time period. We project gross revenues of $60M, and net income of $14M, in year 8. By year 8, our gross profit margin will be 41%, and our net operating margin will be 23%.
 
 
 
Trident Technologies
111 E. Kentucky Street
Louisville, KY 40202
Business Profile
 
Trident Technologies is developing a vital, life-saving product that will allow battlefield medics to locate and triage wounded soldiers using patentpending technology.
 
Product
 
The principal product of Trident Technologies is the Battlefield Triage, Telemetry, and Tracking system, know as the BT3 ("bee-tee cubed"). The BT3 is a small, battery-powered, disposable device designed to provide information for remote monitoring of various physiologic diagnostics for wounded soldiers. This remote monitoring is an effort to help improve battlefield triage and to help devise more efficient rescue tactics. The BT3 will monitor heart rate, respiratory rate, blood oxygenation levels (pulse Ox), body temperature, and electroencephalography (EEG) brain waves. These five vital signs are the most significant diagnostic tools for triaging wounded soldiers in a battlefield theatre. The BT3 system also provides remote location of a wounded soldier through a global positioning subsystem (GPS) and a digital voice radio, integrated within a battlefield LAN.
 
Finances
 
Phase I funding: $500,000 (SBIR & KSTC grants)
Phase II funding: $850,000 (SBIR grant)
 
Use of Funds
 
Prototype Development, Patent & Legal Fees and Field Testing
 
 
Energy Innovations
13225 Willow Forest Drive
Louisville, Kentucky 40245
Company Overview
 
 
 
 
 
 
The Energy Information Administration expects that by 2020, the United States will have a shortfall of natural gas supply and demand by 50% and this shortfall can be made up in only 3 ways:import more energy; improve energy efficiency more than expected; and increase domestic energy supply. Energy Innovations is commercializing a patented energy measurement system that measures the energy content and flow (volume) of natural gas carried within a pipeline. The patented technology, which employs gas chromatography, will provide a cost-effective solution for determining the actual quality (economic value) of natural gas.
 
Technology Overview
 
The energy measurement system employs a miniature gas chromatograph to analyze the Btu content of natural gas. A chromatograph separates gas into identifiable constituents to determine the "mix". The "mix" of natural gas determines the Btu content or economical value, which can save customers thousands of dollars every year.
 
Progress to Date
 
Energy Innovations is currently in negotiations with the University of Louisville Speed School for the research and development of its energy measurement system.
 
Seven-Year Strategy
 
• Complete research and development of the energy measurement system
• Achieve necessary third party certifications through generally accepted testing procedures
• Pilot programs with target market customers
• Initiate sales process with potential customers
• Obtain contractor and supplier agreements 2007-2012
• Focus on increasing sales and growing market share
 
Marketng Strategy
 
Energy Innovations will target natural gas pipeline companies (existing market) and large end users of natural gas (new market). Current product offerings can range from $50,000 to $100,000. Energy Innovations' patented system can be purchased for a fraction of those prices ($30,000).
 
Finances
 
$470,000 (Seed Round)
 
Use of Funds
 
Technology Development, Certification and Pilot Testing

May 2005
      
   
global project design
535 Madison Avenue
Covington, KY 41011
Contact: Dennis J. Crane, Managing Director
P: (502) 821-3242 E:djcrane@gdpdesign.com
Business Profile
 
At least 70% of major corporate initiatives fail. Critical projects and programs are off schedule, over budget, and miss requirements. Traditional tools focus on detailed scheduling, reporting and control. They largely ignore coordination – the communication, decision-making, and rework that consumes up to 40% of cost and effort. E-mail, portals and dashboards connect people to precise details, but with little regard for value or validity. Global Project Design’s TeamPort software and consulting method improves performance of complex projects. Provides 20%+ effectiveness gain. Projects are designed using visual, interactive models and forward-looking simulations. Teams rapidly incorporate changes, identify risks, and optimize projects, particularly during the “fuzzy front-end” of major initiatives. GPD’s approach enhances existing project management, control and scheduling tools from Microsoft, Primavera, PlanView and others.
 
GPD and its partners deliver high-value consulting services enabled by the proprietary TeamPort software. Focused to date on critical projects in well-regarded companies to demonstrate value and secure references.GPD will move from engagement-based software and consulting to enterprise licenses. Buying decisions occur at both CXO and Program Management Office (PMO) levels. Current industry focus: product development (pharmaceutical) and managed services (technology/ telecom).
 
FInancing Sought
 
Time-to-volume investment of $1M to accelerate sales and channel partnerships (70%) and advance proprietary software (30%).
 
Prior Investment
 
Since 2000, about $2.6 M from founders and individual investors has funded GPD’s development of a second generation software product and initial customer successes.
 
Performance
 
The company completed 2004 with revenues of about $500K. Initial customer success with British Petroleum, Accenture, Millennium Chemicals & others.
 
Growth Projections
 
Focused on growth to $10M+ revenue by 2007.
 
  
SportClips
535 Madison Avenue
Covington, KY 41011
Contact: Dennis J. Crane, Managing Director
P: (502) 821-3242 E:djcrane@gdpdesign.com
Business Profile
 
Hair care revenues currently exceed 50 billion dollars industry wide with most of the focus being on women's services and products. But men make up 120 million plus of probable clientele and are forced to use salons or cookie-cutter chains for their services where they might not be entirely comfortable with the experience.
 
SportClips changes that by providing a comfortable and entertaining experience that is totally malecentric, changing the feel of the service from a commodity to an experience. Lockers are along the wall with sports memorabilia all around while large screen TVs feature games and sports scores. Products specific to men’s hair is on site for sale and used by the stylists for trial.
 
The experience is unique in the industry and is ranked #82 in Entreprenuer Magazine’s Fastest Growing Franchises based on financial strength and stability, growth rate and size.
 
The company has also created a solid support system so that franchisees work on their businesses and not in their businesses. The system includes design services for new salons with complete grand opening packages, local store marketing programs in-store marketing systems, stylist recruitment programs, stylist training, computerized control systems and negotiated buys on product and equipment. In addition, the concept allows for three revenue sources for the franchisee: the service, professional hair care product and sports memorabilia. Inventory requirements are low, adding a higher degree of profitability.
 
The company is seeking franchisees to own/operate shops in the Louisville area. Total investment costs for a single store cap at $207,500 including inventory.
 
  
TrainRight Solutions
Contact: Ed Kenney
P: (502) 212-4887 E: info@trainrightsolutions.com
 
Business Profile
When harassment occurs between co-workers, or between a manager and employee, it is the COMPANY that is charged with, and is liable for, the actions of the accused. However, if a company can prove that it exercised reasonable care to prevent the harassment, or corrected the harassment as soon as it was reported, then that effort will be taken into consideration by the court. This is known as an affirmative defense, and can reduce or eliminate the liability of the company.
 
 
TrainRight Solutions creates a web-based human resource center from which a company can train their employees, track their progress and completion of each course, and provide them with the policies and procedures needed to protect the company with an affirmative defense.
 
TrainRight Solutions has developed its affirmative defense strategy, following EEOC guidelines, to include the policies, training and processes needed to provide a company with the maximum protection at the lowest possible cost. A company that can demonstrate its commitment to preventing harassment by following these guidelines has a much better chance of reducing liability. The strategy is designed to follow EEOC guidelines and can provide
a company with affirmative defense protection immediately.
 
TrainRight’s solution strategy includes:
 
Written Anti-Harassment Policy
Web-Based Training for Employees and Managers
Tracking Database comprised of each employee who has taken the training and the date it was completed
Toll-Free Reporting Hotline
Investigation and Correction Processes, Documents and Guidelines
TrainRight Solutions has recently secured seed funding of $300K, but will be looking for interested investors for second round financing in spring of 2006.

April 2005
      
   
Adaptive Technologies, LLC
11105 Coventry Greens
Louisville, KY
Contact: Lance Perkins, CEO
P: (502) 608-0645 E:Lance@Mobile-Fit.com
Business Profile
 
 
 
 
Adaptive Technologies has developed a voice technology system that creates personalized training programs for health club members. The system, called MobileFit® provides health club owners a new source of profits while reducing membership attrition, generating a significant ROI within the first year of operations. The company itself has four sources of revenue including a subscription annuity with projected profit margins exceeding 65%.
 
Five-year strategy
 
In the past three years, the company has completed its technology development, pilot testing, and market acceptance analysis. The system is operational in the largest for-profit health club chain in Louisville, KY and at a national show site YMCA in Florence, KY. In the next five years, the company plans to aggressively sell the system to the 22,000 health clubs in the United States. These health clubs, with total revenues in excess of $13 billion, serve 40 million health club members. Adaptive Technologies plans to penetrate this market in partnership with a company entrenched in the health club market. The company is currently in discussions with the largest fitness equipment manufacturer in the USA.
 
Product and/or Service
 
The MobileFit® system coaches health club members on how to get the best results from their exercise effort. The member listens to a natural voice that coaches them on their personalized workout routine via an MP3 player. The system provides 80% of the benefit of a personal trainer at 20% of the cost.
 
Competition
 
Four companies compete indirectly with the MobileFit® system. None of these competitors use digitized voice composition, and MobileFit® is the only one that is equipment-independent. mobileFit® is raising barriers of entry through patent protection.
 
Investment Opportunity Adaptive Technologies is seeking $300,000 in investment capital that will be used primarily for sales and marketing efforts.
 
  
StarSat
3413 Collins Lane
Louisville, KY 40245
Contact: Gary Patterson
P: (502) 241-0055 E: info@starsat.us
StarSat is a centrally managed monitoring system designed for quick service restaurants and other high volume establishments. StarSat’s Intelligent Monitoring and Reporting Service brings an innovative approach to monitoring store operations for inefficiencies an shrinkage. With a powerful automated system, sites may be remotely monitored, video reviewed from any store event, intelligence reports that combine data and video viewed and a new platform provided for additional services. And, because it is totally automated, local site personnel are not required to maintain the system.
 
This system is unique because it intelligently matches the appropriate video segment with the corresponding data, such as a receipt or open door, so that only the necessary video is displayed on the website. All reports have integrated video captured so that all data is recoverable from one web browser.
 
For example: The StarSat service connects to a piece of point-of-purchase equipment as well as other devices, such as a freezer door to monitor food inventory. All information gathered at each store is consistently uploaded to StarSat's managed data center where it is accessible anytime from anywhere with an Internet connection.
 
Intelligent monitoring and reporting allows the user to:
 
Reduce shrink and improve operations
Receive automated daily reports/exceptions
Identify and communicate actions to be taken
Focus on best practices and leave the maintenance to the StarSat team.
StarSat is seeking $1.2 million in investment capital for second round financing. Detailed financials available for interested Parties.
     
          
OKTV (Opportunity Knocks)
Contact: Roger Frisby
P: (502) 298-4535 E: r.frisby@insightbb.com
 
 
 
 
 
 
 
Opportunity Knocks is a dynamic, ground breaking, new program hosted on cable by John Ramsey. It is a motivational show that has much to offer a company of any size. First, it's a unique vehicle for companies to advertise their career opportunities in a detailed and positive way. Appearing on the program gives a company the venue to "Champion" their business along with a detailed description of their career opening(s). Unlike classified ads, this forum will guarantee the attention of candidates that are looking to improve their career and those qualified candidates who might not be actively looking for a new position. Second, Opportunity Knocks will also offer the viewer techniques and strategies from proven winners. Leaders from around the region will share motivational tips to direct and inspire the audience. This program is not only a great place to share career opportunities; it is also entertaining and informative. Opportunity Knocks has also joined forces with "GreaterLouisvilleworks.com" to provide you with one stop shopping for all your recruitment needs. Now over 100,000 registered users can view a segment whenever, and wherever they choose.
 
Market Opportunity
 
$125 Million local recruiting market
Average cost/hire of $3000+
OKTV costs $825 per segment which includes 4 Prime-time airings plus 60 days online
Projected OKTV cost/hire of $1300
Year One: Local Cable TV Channel
Year Two: Local Network Affiliate Station Added
Financial Position
 
Currently costs $3000 to produce each show.
Generate $6000+/show in revenue in Year One.
Revenue - Cost = Profit (Per Market):
Year One - $325K - $225K = $100K
Year Two - $750K - $430K = $320K
4 Markets in two years.
Company is seeking $150,000 in seed capital.

March 2007
      
   
Elements Media
16 West 19th St, Tenth Floor
New York, NY 10011
212-209-3332
ckincade@elementsmedia.com
Contact: Chris Kincade, CEO/Creative Director
www.elementsmedia.com
 
 
 
Home owners have become more savvy in their involvement in the design and decor of their surroundings with over $700 billion spent annually on homes, $250 on home furnishings and over $30 billion on designer-specific furnishings. Not only do they know what they want, but getting the products they need have become more accessible through the Internet and consumer outlets such as Ikea.
 
In the marketplace, there are currently two types of magazines serving the consumer: Project-based magazines such as Architectural Digest and Elle Decor and Process-based magazines such as Home and Builder. While these publications provide valuable information on the overall project, they do not provide detailed information on the source of the materials and designs shown. This is where Elements of Living finds it’s niche.
 
Focusing exclusively on design-related resources, Elements of Living is a fresh, informative source magazine for the active home furnishings buyer and anybody passionate about residential design or their home. The magazine serves as a bridge between designers, homeowners and manufacturers, offering a wide array of inspired resources for great interiors, exteriors, landscapes and gardens.
 
Covering a range of inspiring styles, Elements of Living profiles new products, services and leading industry personalities, and offers professional insights on design challenges, trends and the best places to shop, here and abroad. The ultimate source for active buyers, Elements of Living uniquely features: themed issues covering every facet of residential design, the most in-depth sources for the finest home furnishings, The Artisan's Showcase covering the unsung heros of design and user friendly field notes.
 
Elements of Living’s first issue was delivered in November through a direct mail campaign subscription offer mailed in September to 48 lists. That effort yielded 4,000 names for a profitable drop with an additional 7,500 circulation through bookstores and select newsstands. Elements of Living has a profitable circulation strategy in place based on a $47 subscription price. Profit is anticipated to garner $205K per million at a response rate of 1.5% vs a loss of $83k per million at a response rate of 2.32% at a standard $18 subscription price.
 
Elements Media is searching for angel investment of one million dollars for additional direct mail campaigns and ongoing operations.
 
An exit strategy is also in place with a key liquidity milestone of $6M in EBITDA in Year 4. Projected valuations are $50M in Year 4 and $100M in Year 7. Prospective strategic partners include: Hearst Corporation, Washington Post Company, Reed Business Media, Time Inc., E.W. Scripps, Conde Nast, Meredith, Hachette Fillipacci Media and Martha Stewart Living/Omnimedia.
 
Complete details are available by contacting Chris Kincade. .
  
  
Care Packaging
Simpak International
111 W. Washington St .
Louisville , KY 40202
502-664-9594
ckincade@elementsmedia.com
Contact: Michael Lyons, President
www.simpakinternational.com
 
 
Simpak International manufactures a unique, patented protective packaging product called SimPads. SimPads are made with 100% recycled EPS foam that contours to the shape of the object it is wrapped around. The Simpad then can be straightened out and reused to protect a different object.
 
Simpads offer shippers a simple to use, low cost, reusable packing solution. Time savings and reduced product damage are benefits that have made Simpads the new standard in packaging.
 
SimPads are made by inserting expanded polystyrene beads into a multilayered vapor barrier bag. The beads are made from 100%recycled resin.The growing demand for recycled EPS beads used in Simpads, provide a welcomed avenue for the abundant recycled resin available on the market today. Next to the cost savings of 25-30% for customers, the environmentally friendly nature of the product is one of the most exciting aspects. Simple and versatile, Simpads have been used in a wide variety of packing applications:
 
ELECTRIC MOTORS
PUMPS AND VALVES
COMPUTER PRODUCTS AND ELECTRONICS
AUTOMOTIVE PARTS
CASH REGISTERS
VASES AND LAMPS
TELEVISIONS
CASTINGS
PORCELAIN FIXTURES
FURNITURE
 
Simpak International is looking for investment funds of $750,000 to expand and update their manufacturing capabilities as well as operational costs. This investment would be in exchange for a percentage of equity. For detailed financials and investment requirements, contact Mike Lyons at 502-664-9594.
     
          
Gravitron Technology
The Antigravity Toy & Technology Company
3003 Aubert Avenue
Louisville , KY 40206
502-893-9606
ufo@zianet.com
Contact: Mike or Karen Sherlock
Invented by a physicist, UFO's patented “Graviton” technology represents a unique scientific breakthrough in low-power levitation. The electromagnetic technology produces a free-flying suspension of a permanent magnet- and whatever object is concealed in-entirely from below, with nothing above or around it. The object can also be levitated in any direction- even over 360 degrees. The height of the levitated object, its weight, how firmly its held, and all other suspension characteristics can be custom tailored for different product applications. Movement can also be induced in the object and the movement can be triggered in response to noise or motion. The object can also be made to fly around over its base, up a vertical wall or even around a globe. With its unprecedented abilities and low manufacturing cost, the Graviton is the first democratizable levitation technology, allowing for the creation of a wide range of Gift, Novelty, Toy, Game and other products that were impossible to make in the past.
 
Basic Graviton units feature a static base and a simple “floater” sculpture. Their size can range from tiny portable watches to very large sculptures. Subtle air currents can make the suspended sculptures move like space age mobiles.
 
Gravitron units can be configured for a variety of applications including: gifts and collectables, toys and games, display and promotional applications, fine art, museum and science center applications and magic tricks and magicians stage illusions.
 
The Antigravity Toy & Technology Company is looking for investment partners at any level. For detailed financials please contact Mike Sherlock at 502-893-9606.

February 2005
 
Career Management
Vision Resume
2859-514-9750; 859-492-3825 cell
brian@vision-resume.com
Contact: Brian Taylor
www.vision-resume.com
 
 
 
 
Vision-Resume is a powerful new marketing tool designed specifically for today's job seeker. Instead a traditional paper-based resume, subscribers to the Internet-based tool can share much more about themselves to a potential employer. This information can include work samples, recommendations, e-interviews or any other appropriate graphic representations individuals experience. Vision-Resume also supplies users with tools to aid in writing important documents cover letters as well as providing a third-party personal e-mail address. Individuals can subscribe to the service for $29.95 for 3 months.
 
Vision-Resume is also ideal for education and corporate use. College and professional career counselors can use the tool to effectively manage and organize candidates with communication treamlining and workload management. Corporately, HR executives benefit with the Vision-Resume's ability to be a knowledge management tool as well as a pipeline for potential future employees.
 
Vision-Resume's benefit comes from its interactive resume platform that allows users to actively post, search and manage information in a secure environment. The company is fully functioning and has been entirely self-funded up until this point.Vision-Resume is looking to raise $250,000 for Sales and Marketing/Operations activities with recurring revenue of $160,000 anticipated as early as 2006.
  
 
Improve Human Performance
Tier1 Performance Solutions
5 West 5th Street
Covington, KY 41011
859-431-7300
g.harmeyer@tier1performance.com
Contact: Greg Harmeyer, CEO
 
 
Tier 1 provides proprietary software, consulting, and project services to help organizations improve human performance.The products and services solve knowledge management challenges including e-learning creation and management, content management, intranets and portals, on-line assessments, on-line help and strategies for performance.Tier1 has produced four web-based knowledge and learning management products that help companies organize documents,web content, and e-learning content.These products are wrapped with solution-based consulting and project services. The company’s four core products are operational at Fortune 500 clients. Each product provides one or more components of knowledge management functionality--including content management, document management, courseware development, assessments and registration.Over $500,000 has been invested in development to date by the founders.Tier1 has 15 full time employees and over 20 contractors in addition to a solid management team servicing 50 clients.
 
Several competitive enterprise knowledge technology products exist including OpenText,SumTotal, and Generation 21.These tend to be pure product companies targeting enterprise purchases. Service companies, including small boutique firms and large system integrators, lack the value and differentiation of their own products.
 
The company is seeking $750,000 in capital in exchange for significant equity in the company.The funds will be used to scale Tier1’s 2-year old business by integrating existing products and extending its sales,marketing and consulting capabilities. .
     
          
The Airwaves for iPods
Podcast Networks
502-295-2678; dannie@podcast.net
Contact: Dannie Gregory
 
 
 
 
 
During his keynote presentation at the recent Macworld Conference & Expo, Apple CEO Steve Jobs revealed that more than 4.5 million iPods were sold in the December quarter--500 percent growth year over year. Jobs said the total number of iPods sold to date now stands at over 10 million units, with 8.2 million of those being sold in 2004. The phe-nomenal popularity has driven the concept that and iPods, or any other mp3 player, can be used for much more than playing music files.
 
Enter Podcasting.“Podcasting” turns mp3 players into a rerecorded
music and program listening device much like a Digital Video Recorder does for cable and satellite feeds. Podcasting allows an iPod or any mp3 player user to subscribe to a service and download recorded audio programs of varying interest to their device. The audio program is then stored like any other music file and can be replayed at the users discretion. Podcast Networks has created a directory formatted much like a traditional search engine (Google, Yahoo!, MSN) that allows a subscriber to use it to search for podcasts of interest to download, as well as to post a podcast of their own.
 
Along with securing a highly visible URL for this venture, Podcast Networks has formed an experienced team that has successfully launched and managed Internet-based businesses in the past. Dannie Gregory, founder of PodCast Networks also previously founded IgLou Internet Service, Kentucky’s first ISP, over ten years ago.
 
The company seeks a two-fold investment: a $260,000 seed
to launch advertising sales and $1.3 million for sales and
marketing activities.

January 2005
 
  
Justice
Fleur de Lis Productions
311 Highland Ave
New Albany, IN 47150
812-949-7249/ 502-418-1864; twhitus1960@cs.com
 
 
 
 
 
Fleur de Lis Productions, headed by locally based filmmaker Tom Whitus, is looking to secure production funding for their latest project “Justice”. The film is the story of a former slave who deserts the U.S. Calvary in the post Civil War American Southwest and the hardships he endures on his journey to Mexico.
 
Tom has a wealth of experience in filmaking and has directed four previous films that have secured worldwide distribution. “Justice” follows suit in that the film has already secured worldwide distrib ution in 37 territories through Fantastic Films International and domestically through FFI's partnership with Sony Pictures.
 
“Justice” will naturally appeal to adult males, but the cultural diversity of the story and the PG-13 rating will make it accessible to all viewers. In addition, the artistic elements- script, locations, cinematography, talent and music have attracted name talent for additional credibility. Actors such as Jeff Fahey (Wyatt Earp, Silverado) , Tony Todd (Final Destination,The Rock,Candyman) , and Bruce Boxleitner (Gods and Generals, Babylon 5, Scarecrow & Mrs. King) have all expressed strong interest in the film because of its artistic quality and broad appeal to audiences looking for the next great Western.
 
Fleur de Lis promises a prudent use of the requested $2 million in production funds through a Screen Actors Guild Low Budget Agreement and by agreeing to film the project in New Mexico. By choosing locations in the state, 15% of every dollar spent is automatically rebated back to investors.
 
In summary, Fleur de Lis Productions is asking for $2 million in production funds. Investors should see a nearly two-fold return on investment by March of 2008. Please call for additional details on the production costs and the planned return on investment.
 
 
 
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