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 Focus
Initial Product Focus
Small, inexpensive, easily assembled from outsourced components; nPower™ PEG
Intellectual Property
The 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 Testing
Initial 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
COO
An experienced start-up leader, preferably looking for an equity
position, that will lead the company through the follow-on round
of Venture Capital.
Business Development
Individuals with an established network within the following
sales/distribution channels:
Consumer Electronics
Outdoor Recreation
Military
First 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
• Skiers
• Bike riders
• Runners
• Military
• First responders
• Doctors & nurses
• Construction workers
• U.S. Forest Service
• 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
Attorneys
General 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.
Accountant
Komorowski Financial Group, Dan Komorowski
Marketing & PR
Felber & Felber Marketing, Robert M. Felber
Growth Consultants
Joel Strom Associates, Joel Strom
Current Investors
We 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.