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$28M global OEM needing growth capital to grow to $400M
Posted by: Roland Pinto on 10/12/2008 6:04:35 PM
Funding Needed:
Above $1mil 		Category:
Manufacturing & Production 		Website :
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Location :
Los Angeles, California, USA 		Viewed : 260 times
Favorited : 1 times 		Share
Description:
We are an award winning lifestyle notebook OEM is seeking capital infusion to reach several major corporate milestones. We are a strong R&D and manufacturing organization with corporate offices in the United States, manufacturing facility in Taiwan, R&D and industrial design in Taiwan, and sales offices on most continents in the world.

Funding is needed to allow for the following:

• Release of four new products to our global marketplace.
• Finish restructuring of our manufacturing process and movement of key manufacturing processes back to the United States.
• Addition of sales and marketing resources to continue to develop our world-wide reseller base and manage our key accounts (Tiger Direct, Best Buy, several others).
• Fuel a joint venture with one of the world's largest chip manufacturers to release two new products that are centered around the world's largest GSM carriers (discussions under way and commitments made based on timely release of product).
• Elimination of some of the company's current $6M in debt. • Collaborative marketing and brand awareness campaigns.
• Securing increased production lines of credit to support growth in raw material consumption at time of manufacture.

Our company is a 20 year industry veteran, as we have been building and designing some of the world’s most innovative lifestyle feature rich notebook computers. With many industry accolades; (integration of the world’s first cellular connected PC [Year 1999], world’s first sub 12” tablet notebook [Year 1999], first global computer manufacturer to release color on the notebook chassis [Year 2000]), we have enjoyed an industry leading innovation position globally.

Flybook is currently seeking an infusion of between $13M to $15M USD. We currently offer a four time return on investment within a three year period. The company has several very realistic and reachable fiscal milestones that it can only achieve through a growth investment.

Return of $50M on $15M invested within three years is planned.

Please visit our website for additional information on our entire product offering.

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