Tech-Mat Is Revolutionary Approach to Keeping Homes/Businesses Clean
ROANOKE, VA. (January 9, 2001)--The Egg Factory, LLC announced today that it has received from the United States Patent and Trademark Office “notice of allowance” concerning the first two of the many Tech-MatÔ patent applications it has on file.
Bradley Blum, Innovation Project Manager for The Egg Factory, LLC, stated “we are most pleased and excited about this announcement. Notice of allowance indicates that our two patents will issue shortly. Furthermore, the protection awarded by the two patents will be significant and should provide for a strong barrier to any competitor contemplating entering this space”.
Sunder Malkani, Vice President, Marketing and Business Development for The Egg Factory, LLC said, “we are currently in the process of either selling or licensing this golden “Egg” (business opportunity). There is tremendous interest in Tech-Mat from a number of Fortune 500 companies, including some which are Fortune 100 plus companies.” Malkani further explained that this Tech-Mat innovation represents a revolutionary approach in keeping homes or businesses cleaner and healthier. Tech-Mats are high tech floor mats that provide for moisture absorption, plus the Tech-Mat actually pulls the dirt off the bottom of your shoes by way of a disposable tacky mat surface.
Malkani said, “Tacky mats have long been used in high tech manufacturing facilities, such as semi-conductor manufacturing, but have never been successfully sold to homes or businesses due to certain shortcomings, such as their slipperiness when wet, as well as their cosmetics. Tech-Mats solve these, as well as other concerns and provides for a floor mat that is so effective that it allows for less vacuuming, cleaner carpets, a reduction in scratches on wood and marble floors, and possibly the reduction of allergies and lead poisoning associated with homes and or businesses.”
Kimberly Burch, Director of Finance for The Egg Factory, LLC, said “the Tech-Mats innovation meets or exceeds all major
*Innovations that have the potential for a minimum of $1 billion of top line annual sales five years after product launch by the acquirer
*Being highly proprietary by virtue of patents or exclusive licenses
*Ability to be developed in less than three years
*Benefit to society
Burch added, “we believe in time Tech-Mat has the potential to exceed one billion dollars in annual sales for the acquirer, plus to provide what we estimate to be over 75% gross margins. It truly is an exciting golden egg (business opportunity).”
About The Egg Factory
The Egg Factory, LLC, of Roanoke, VA is a creator, developer and supplier/vendor of substantial and transformational innovation to global Fortune 500 companies. For further information on The Egg Factory, LLC visit www.eggfactory.com.
