Downhole%20Video - PowerPoint PPT Presentation

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Downhole%20Video

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To Manufacture and Market Video Inspection Equipment. To ... To Create a Branded Identity (in a Market of Unbranded Manufacturers) Most Important Commodity ... – PowerPoint PPT presentation

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Title: Downhole%20Video


1

What's going on down there?
Downhole Video Inspections Systems
knows for sure
Presented by Gary Rutledge, CEO Garrut
Manufacturing Corporation      


2
What We Do
  • Design Build Video Inspection Equipment
  • Provide Means for Seeing into the Unknown
  • Take the Guesswork out of the Water Well Industry
  • Save Firms Money, with Knowledge
  • Enable Decisions Based upon Facts

3
Mission
  • To Manufacture and Market Video Inspection
    Equipment
  • To Introduce a Truly Portable Model
  • To Price This Model at a level, to Enhance
    Availability to Drillers
  • To Create a Branded Identity (in a Market of
    Unbranded Manufacturers)

4
Most Important Commodity In The World
  • 75 of U.S. Cities Depend upon Groundwater
  • More than ½ of all Americans rely on Groundwater
  • 95 of all Rural Residents rely on Groundwater
  • AS THEIR PRIMARY SOURCE OF DRINKING WATER
  • 2 Most Important Segments (Consumption
    Irrigation)
  • Covers 97 of Useable Fresh Water Supply

5
Public Supply Wells in place Top 5 States
Source U.S. EPA 1997
6
Irrigation Wells in PlaceTop 5 States
Source U.S. Farm Census 1994
7
Market
  • Several Hundred Year Old Market Segment
  • Camera Aided Mining only 50 Years Old
  • Increased Need due to Water Demand and
    Regulations
  • Miniature Video Technology has become Practical
  • Business Increases due to Immediate Feedback
  • Technology Provides a Competitive Advantage
  • Customers Well Drillers, Contractors, Pump
    Setters, Work over Services, Municipalities
    Commercial Farm Operations
  • Virtually Untapped Market lt3 Current Use
  • Market Consists of New, Existing Unproductive
    Wells

8
Market size U.S. Water Wells in Place - by End
Use
Total wells in use 15,923,217
Source National Groundwater Association 1997
9
Prospective Number of Customers
10
Un-tapped markets
  • U.S Environmental Industry Groundwater
    Protection
  • International Water Industry
  • Oil Gas Industry
  • Pipelines, Tanks Sewer Systems

11
Other Markets
  • Construction Sites
  • Plant Facilities
  • Equipment Trouble Shooting
  • Electrical Plumbing Systems
  • Remote Monitoring
  • Inspection of Hazardous Areas
  • Underwater Construction
  • Various Consumer Applications

12
Product Development
  • Development Began 1997
  • First Units Shipped to Gould's Pumps, Inc.
  • 100 Units sold Under Blue Vision Name
  • Designed New System ViewMaster I
  • ViewMaster II in Early Design Stages

13
Viewmaster I
14
Product Specifications
15
Distribution Strategy
  • OEM Distributors (Bulk Purchases Sales by their
    Team)
  • Independent Distributors (Smaller Purchases
    Their Sales Force)
  • Manufacturer Representatives (Contract Marketing
    Sales)
  • Direct Sales (From Us to End User)

16
Sales Strategy
  • Industry Tradeshows
  • Advertising Publications Journals
  • Promotion Brochures, Product Sheets,
    Testimonials
  • Distributors Sales Programs
  • Financing Programs
  • Service Maintenance Programs
  • Warranty Agreements
  • Training
  • Upgrades Sales Assistance

17
Sales Projections US Market
18
Competition
GEO VISION LAVAL CVV CUES VM 1 VM 2
18,650 39, 000 32,000 49,000 18,500 22,750
Plastic High Coaxial Cable S.Steel, High Pressure Housing Coax Cable S.Steel, High Pressure Housing Coax Cable Glass Dome S.Steel Housing Coax Cable S.Steel, High Pressure Housing Fiber Optic Cable S.Steel, High Pressure Housing Fiber Optic Cable
Optional Side View Mirror Down View and 360º Side View Down View and 360º Side View Hemisphere View Down View and 360º Side View - Flat Lens Down View, Multiple Side Views, 3-5x Larger Image
1100 ft 1500 ft 1500 ft 1000 ft 1200 ft 2500 ft
4 LCD/8mm 9 VHS/VCR 9 VHS/VCR 9 VHS/VCR 9 TV/VCR 9 TV/VCROption RemoteEyeglass Display
19
Management advisory board
  • MANAGEMENT
  • Founder CEO 30 Years of Experience
  • Operations 20 years of Experience
  • Contract Engineer 1gt 30 Years of Experience
  • Contract Engineer 2gt 30 Years of Experience
  • Contract Engineer 3gt 20 Years of Experience
  • ADVISORY
  • Legal, Financial, Administrative, Hi-Tech,
    Industry and Support Services to Complement the
    Management Team.

20
Projected Revenue Growth
21
Projected net Income Growth
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