Accelabrator Technologies International, LLC
Over 10 years in development.
Accelabrator Technologies International (ATI) was formed in October 2009 as a division of Corrosion Management Inc. (CMI), a Washington Corporation formed in July 28, 2006. The Division was sold to Wright Financial Corporation (Now Wright Financial Enterprises, LLC ) in March 8, 2010 in exchange for the forgiveness of $229,000, and the future revenues of the company. Value of the IP is placed at $2.2 Million. ATI will be the operating entity to produce the Revenues and generate the Expenses, whereas Wright Financial Enterprises, LLC will simply hold the intellectual property rights. WrightFinancial Enterprises, LLC will lease or license the use of the technology to ATI.
The company founders conducted research and came to the following conclusions:
Fact: “Corrosion costs in all industrialized nations average 3% of the GNP (Gross National Product) of each country”:
Fact: “Corrosion costs the United States over $300 billion each year, which is equal to roughly 4% of the GNP”; Fact: The existing steel surface preparation technology is currently nearing 50 years old, these machines have certain environmental and safety issues and the surface profile that they produce does not meet the minimum standards required of either the steel surface preparation industry or that of the companies that manufacture protective coatings and paints for the industry.
Fact: “Corrosion costs in all industrialized nations average 3% of the GNP (Gross National Product) of each country”:
Fact: “Corrosion costs the United States over $300 billion each year, which is equal to roughly 4% of the GNP”; Fact: The existing steel surface preparation technology is currently nearing 50 years old, these machines have certain environmental and safety issues and the surface profile that they produce does not meet the minimum standards required of either the steel surface preparation industry or that of the companies that manufacture protective coatings and paints for the industry.
Looking to Raise up to $500,000.00.
The proto-type machine was sent to the Testing Lab of the World's Largest manufacturer of blasting machines located near Atlanta, GA. Based on the results ATI through the parent is looking for either equity or debt to build at least one (possibly two) Beta Units to further test the necessary adjustments before going to market.