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Company: Fictional Technologies, Inc.
Industry Type:
Summary of Business Description & Strategy:
There is an enormous amount of public information on specialized topics. These topics include technical "knowhow" information relevant to commercial and industrial users, consumer-oriented manufacturers as well as "How-to-do-it" information. This data can be gathered from the U.S. Government through sponsored research projects as well as various commercial/institutional sources. FTI has determined that there has been limited "readily available" and rapid methods of obtaining such information (ie, Government printing offices, university libraries, and limited over-the-counter retail sales, etc.)
The FTI executive team believes there is a niche business with enormous potential in this specialized technology transfer field. FTI believes the use of advanced delivery systems such as high speed optical transmission technology, high speed printing techniques and a franchise network and information-distribution system can be established. On-line and CD-ROM delivery systems with end users of information are estimated to have a substantial and immediate market potential.
Address: 1135 West Oaks Boulevard, Mount Laurel, NJ 08054
Phone/Fax/E-Mail: (856) 111-1111/Fax: (856) 999-9999/E-Mail: mbrignola@FicTech.com
WebSite: http://www.FicTech.com
Primary Contact for Venture Conference Correspondence: Josie Thompson
Primary Contact for Venture Conference correspondence E-mail: jthompson@fictech.com
Primary Contact for Investors: William Byrne, CFO
Primary Contact for Investors E-mail: wbyrne@fictech.com
Management Team: (name and titles only)
Number of Full-time Employees: 35
Required Information
Total Previously Invested:
Type of Financing Secured:
Amount of Financing Sought:
Type of Financing Sought:
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Bank:
Auditor:
Law Firm:
Products/Services/Technology: (1000 characters maximum length)
*U.S. and international patent will be sought.
Management Team: (150 characters maximum length)
William Byrne has an undergraduate degree in accounting form UCLA and a graduate degree from NYU. Prior to joining Fictional Technologies he headed the accounting department for a small information technology company specializing in software publishing products. He then went on to become an auditor and consultant in the New York office of Johnson & Halberg & Company in New York.
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Outlook: (next 12-18 months) (150 characters maximum length)
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IT/Software
Fictional Technologies, Inc. (FTI) seeks to commercialize a specialized electronic publishing system. The FTI concept envisions the establishment of a franchise network to sell its service. The company will offer its service through an on-line service as well as through a CD-ROM package. FTI's product generally will employ these methods to transfer "public domain" and "minimum royalty" documents to users of such information.
Dr. Michael Brignola, President
William Byrne, CFO
$175,000 - Equity
Grants
$750,000 - Year 1
$450,000 - Year 2
Equity
Technical Development/Start-up
Michael Brignola, William Byrne
Four outside investors
National American Bank
Campbell, Andrus & Pierce Contact: Joseph Franklin
Meade, Luxe, Lewis Contact: Albert Humphries, Esq.
*Mechanical; device developed which exponentially increases print speed with Hewlett-Packard Series 7 adapted for FTI product format.
Michael Brignola has a Ph.D. from Boston College. Dr. Brignola's career covers business data processing as consultant, manager, user and vendor. Brignola has participated in client projects involving local area networking, office automation, specialized training, and the World Wide Web. Prior to starting Fictional Technologies, Brignola served as Director of information services for the New York based consulting firm of Kent & Kent Inc. He managed and conducted organization-planning projects for technology companies.
Franchise and on-line CD-ROM.
FTI is positioning itself as a niche player in the transfer of information. The company is unaware of any parallel technology with respect to its printing speed and package design technology. On-line and CD-ROM delivery systems of public information anticipated to be offered by FTI are also not currently available by any potential competitor.
*Functional prototype of system
*Submission of SBIR (Phase 1) complete
* Written expression of interested obtained from clearing house of Federal Scientific Information and Federal Center for Consumer Information
Production/offering of service within six months of obtaining financing.
