Joseph Tutewohl

Bay Shore, NY (USA)
Role(s):
Founder/Owner/Principal

Lamatec Technologies Corporation

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Location: Bay Shore
Industry: Manufacturing
Year Founded: 1996
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: "S" Corporation
Description: Lamatec Technologies Corp (LTC), a New York base tool manufacturing company is seeking $6 Million in Equity Funding and/or Convertible Debt Equity Funding to bring the Company’s complete line of Lamatec High-Performance Laminate Pressure Tools to the marketplace. The New Lamatec pressure tools are the industry's highest quality laminate pressure tools ever developed. Our target markets are the craftsman in the Cabinet, Carpentry, Vinyl Flooring and Wallpaper Industry's, and the Consumer Do-It-Yourself Industry. The Company will reach these markets by distributing its products through retail and wholesale distributors of laminate materials and tools. The Company will promote its unique product line at trade shows, in trade magazines, E-marketing for online purchases as well as producing Lamatec's 30 second TV Commerical with spokesperson and actor Richard Karn. Richard is best known for his role as Al on the hit tv show "The Home Improvement Show" with actor Tim Allen.. The Company will enhance sales by selling the Lamatec High-Performance Laminate Pressure Tools worldwide. Lamatec Technologies' key strengths have been through its cutting-edge technology that has modified the current design of a single-feature tool, aimed at a single industry and converting it into a tool that is multi-functional and crosses over many industries. Because of this advancement in tool technology, a craftsman whether he or she is a professional or amateur will produce a laminate application Faster, Easier and More Efficiently, Saving Time & Money and greatly enhancing Productivity, Profits and Quality of Workmanship. Our product line consist of 5 products, the Lamatec LT3000 3-IN-1, the Lamatec LT3000 Value Pack, the Lamatec XL3500 Deluxe and the Lamatec BX4000 Ultimate High-Performance Multipurpose Laminate Pressure Tools, plus the Lamatec Leg-Holster and Blade Pouch. These tools are the industry's first products that enables both the professional craftsman and the do-it-yourselfer the unique ability to smooth out, pressurize and bond all surface areas (i.e. open areas, tight inaccessible areas, edges, seams, corners, inlays, etc) associated with the application bonding process of Mica, Wood Veneer, Vinyl Flooring, Vinyl Base Molding, Wallpaper, Contact Paper and any other delicate material that requires pressure during application process. The Lamatec tools were field tested and surveyed by both professional and amateur craftsman. Results were unanimous as the Lamatec was voted #1 in Design, Quality & Performance by all. The Company has test marketed the Lamatec LT3000 3-in-1 Multipurpose Laminate Pressure Tool and has sold over 5000 units with no returns. Principal Competitors: We have little competition as our competitors pressure tools feature a single function tool. These single feature tools are unable to smooth out, pressurize and bond all surface areas in any application. Our competitive advantages: Lamatec Technologies' High-Performance Laminate Pressure Tools are the industry's first line of multi-functional, multi-purpose laminate pressure tools which now enables both the professional craftsman and the do-it-yourselfer the unique ability to Smooth Out, Pressurize and Bond All Surface Areas in any application. Achieving a milestone in laminate pressure tools for the Cabinet, Carpentry, Vinyl Flooring, Wallpaper and Do-it-yourself Industries. With Lamatec, you now only need One Tool to Pressurize All Surface Areas in Any Application! Visit us online at (URL removed) to view our complete product line and the Lamatec At Work Video, "Now One Tool Pressure Bonds ALL" Type of Funding - Equity Our Financing Stage: Market Launch Funding Require: $6 Mil Funding will be used for Tooling of the Lamatec XL3500 Deluxe and BX4000 Ultimate Laminate Pressure Tools, Inventory, Working Capital/Operations, Marketing and Sales. Investor will have the option to take part in the day to day operation and/or assign personnel to the business to ensure the highest return of their investment.