Jason Russell

Henderson, NV (USA)
Role(s):
Founder/Owner/Principal

www.SolidNav.com

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Location: Henderson
Industry: Energy
Year Founded: 2008
Number Employees: 1-10 people
Description: SolidNav Products For more information contact: Jason Russell, President (Phone # removed)Cel. (Phone # removed)(URL removed)y work (URL removed)y make economic sense (URL removed)y are available today (URL removed)y are right for the world SolidNav manufactures electric marine propulsion systems for vessels that are traditionally powered by gas or diesel engines. There are over 12 million boats registered and aging in the United States and roughly 40 million potential customers worldwide. Over 80% of sailor's needs with electric power for far less than a comparable diesel or gas engine. Marine diesel engine sales are off by 40% in some areas and we are struggling with order fulfillment and meeting client training expectations. At 1% market penetration, a commercial failure for a larger company, SolidNav stands to profit over $40 million. Unlike the majority of green start-ups, we have the products, we have the team and we have the plan already underway. We can exit within 24months profitably. Currently 36% of SolidNav is offered for an investment of $5 million. Our current product line includes the Explorer model powering vessels up to 33' and 13,000lbs. and the Traveler, an electric outboard roughly equivalent to a 6hp gas motor. The Voyager line arrives on August 15th,2009 which will push a vessel in excess of 45' and 24,000lbs. All of these motor systems require no modification of existing engine beds or controls, technicians easily install in under 1 ½ hours for less money than an internal combustion engine. Our resellers are major engine distributors and stores worldwide, our units and training program are welcomed into what is otherwise a tight market as a solution for green, maintenance sensitive and money conscience clients for retrofit and new vessels. Our management team consists of Jason Russell, the man who guides the vision, John Fiorenza, recently the director of new product development for Briggs and Stratton who is an established leader in outsourcing, and Carlos Martin, formerly the CEO of the Blue Willy's garment line who has 11yrs experience working successfully as a multinational executive. We have attracted the top Engineers from fields of defense, composites and propulsion charging them with lowering the price of production, reducing retail price and detailing the production of practical systems. We can accomplish these goals with greater quantity production. We democratize the bolt-on and drop-in modifications of existing vessels, exceeding most peoples needs, with available technology, through an established marketplace, today. SolidNav requires funding to increase production quantity of existing systems (greatly reducing retail price), European market development, product outsourcing and to decrease development timelines prior to a second much larger capitalization. Our marketing model is far more than advertising and PR, we have instituted a large scale Propulsion Technician training program that is an industry first and creates legions of technician sales people. We can build product and create a market to resell SolidNav to a larger entity at a pace and price unmatchable by larger corporate masses or talent thin start-ups. We are currently first to the stores, first to the marketplace, our clients include charter fleets and the most established marine stores in the country. We are well received by the DOD and National park service who are interested and/or have tested our products currently. We must develop these markets before a larger company realizes the scope of this marketplace. We allow them access to a market and to an established strategy that will cost a company such as GE a minimum of $20 million to generate It is cheaper for them to acquire than to copy or compete. Be there first, be waiting at the lead with SolidNav. Take a look at what the media has to say. (URL removed) (URL removed) Keep up to date (URL removed)