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

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Transcript of Tremont Electric, LLC. Alternative Energy start-up company located in the Tremont neighborhood of...

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.

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.

Initial Business FocusInitial Product Focus

Small, inexpensive, easily assembled from outsourced components; nPower™ PEG

Intellectual PropertyThe 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 TestingInitial 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.

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.

Current Business Focus; Recruiting Management Team

COOAn experienced start-up leader, preferably looking for an equity position, that will lead the company through the follow-on round of Venture Capital.

Business DevelopmentIndividuals with an established network within the following sales/distribution channels:

Consumer ElectronicsOutdoor RecreationMilitaryFirst Responder/Homeland Security

Final Product Development

An experienced product designer, or an outsourcing option.

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.

Additional Market Segments

• Boaters • First responders

• Skiers • Doctors & nurses

• Bike riders • Construction workers

• Runners • U.S. Forest Service

• Military • Emerging markets (Kenya)

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.

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.

Service Team

AttorneysGeneral 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.

AccountantKomorowski Financial Group, Dan Komorowski

Marketing & PRFelber & Felber Marketing, Robert M. Felber

Growth ConsultantsJoel Strom Associates, Joel Strom

Current InvestorsWe have received $90k in Friend and Family investment to date

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.