The Company’s products are designed to uniquely fill the needs of professional photographer and cinematographers as well as others operating in digital imaging workflow spaces. Memory and storage products clearly represent the majority of sales. A meaningful share is derived from readers, docks, hubs and other connectivity items used in digital workflow. The remainder is from software-related offerings. Manufacturing is outsourced to the company’s specific product configuration. They own all their products backed by 3 issued US/International patents. Customers find the Company through paid media, referrals, internal sales efforts and online search. Sales are processed across marketplace, B2B and direct ecommerce channels.
They have developed a highly automated management system to run with a team of about 14 employees and a clear set of leadership roles across strategy, marketing, customer support, product management, finance, engineering and operations. The primary owner will remain in the leadership position for up to a year and after that as a consultant. An earnout period will be considered.