Title: MMPAD Technologies
1MMPAD Technologies
- SOM 497
- Mark Matheson
- Desada Lika
- Peter Mahoney
- Alex Zabolotnikova
- Mike Herald
2MMPAD Technologies
- Founded in 2006.
- Headquartered in San Diego, California
- Corporate Mission We create products which help
busy professionals work and play more
efficiently. - Vision We aim to keep people around the world
connected and create and enhance social networks.
3The Mull - IT
Introducing. . . . . .
- The Mull IT merges the newest technology to
replace your MP3 player, Digital Camera, Cell
Phone, and PDA with one simple and easy to use
device. - Storage for all your music and video files with a
30 GB hard drive - Dual Screens allow you to easily switch from
business mode to entertainment mode. - Works where you work no matter where in the world
you are.
4Financing
- Total investment capital to date 32.5 Million
- Estimated cost to production 30-45 Million
- Angel investor Class A Shares - 30.7
- Venture Capitalists Class B Shares -61.5
- Management Class C Shares 7.7
5Markets
- Overall mobile market
- greatly segmented
- phone selection is bundled with plan selection
- Smartphones/PDAs market
- Targeted at business professionals with high
income - Largest competitors
- Research in Motion (Blackberry)
- Palm Inc
- Hewlett Packard Inc
- Nokia
- Motorola
- Lack extensive and high-tech leisure packages
- Portable Personal Entertainment Devices market
- Largest Competitors
- Apple Inc (Ipod)
- Dell
- Cannon
- Sony Corp.
- Targeted at tech gadget consumers
6Market Size and Pricing
- of the 125 million people who own smart phones
75 still use one or more other device
potential 94 mill - Long-term contract with Cingular Wireless
- Average smart phone price before rebates 350
- Multi-device premium 20 420
- Providers discount with a 2-year contract
15 of net income received from plan usage
121 - Final price for consumer 299
7Product Differentiation
- 30 GB Hard Drive
- USB Compatibility
- Microsoft Products
- Email Capability
8Cost Differentiation
- Primary
- Use U.P.S. to manage Logistics
- Outsource Operations
- Use Cingular for Sales and Marketing
- Warranty Support
- Support
- Keep Overhead Cost at a minimum
- Human Resource management
- Manage Investments in Technology
9Digital and International Strategy
- Web Marketing
- Business Web-pages
- Airline and Travel
- Electronic Store
- Service Provider (Cingular)
- Company Web-page
- Provide updates, downloads and provide customers
wit the ability to purchase the product online. - Provide information on latest technology
10Digital and International Strategy
- International Strategy
- Global strategy would be most effective, because
there is a low pressure for adaptation and high
pressure on price. - Software Upgrades
- IPTV, innovative technology that combines a cell
phone with cable television. - Already being implemented in places like Europe
and Asia, (End of the year Europe is expected to
reach 3.3 million subscribers).
11Exit Strategy
- Successful product and company expansion
- Go public with an IPO
- Successful product without expanding company
- Acquisition
- Complete sale of company
- Product unsuccessful (Liquidation occurs)
- - Class A assets
- - Class B assets
- - Class C assets