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Potomac Photonics, Inc.

Created by Brendan Doss.
Last Updated by Lilith Anderson.  

Company Contact Information  

LoriBeer

 
loribeer@aol.com301.459.3031

Lanham, M.D.

www.potomac-laser.com

 

potomac logo.jpg

 Lori Beer

potomac photo.gif

 Meet The Company

Key Phrases:

  • Miniaturization for competitive edge using laser-based technologies
  • Markets-medical, electronic device
  • Precision contract and laser-system manufacturing
  • Four (4) state of the art technologies DARPA and industry funded; 15 patents
  • Mature and profitable history with 247 Fortune 500 to startup clients
  • Growth Strategy- work with market leaders, backfill with competitors
  • Accellent is model because of Potomac-similar offerings but with adequate growth capital; KKR purchased at $1.4 billion.
  • Need strategic relationship and guidance... not just $$

 

 Technology Overview and Industry Sector

Microscopic sized features are both value-added leverage and competitive edge. Potomacis expert in miniaturization of medical and electronic devices usinglaser-based technologies. Precision contract manufacturing, lasersystem manufacturing and technology development is provided rangingfrom start ups to market leaders. Features 1-300 microns and wholedevices for medical products like glucose sensors, DNA microarrays,stents and various diagnostic and drug delivery products; andelectronics products like High Density Interconnects, chip cooling andflexible displays are ideal for medical electronics applications.

 Management Team

Lori Beer (male), Chief Executive Officer, President, BOD

Michael Adelstein, Chief Operating Officer/SVP

Nick Doudoumopoulos, Chief Technology Officer

Sherry Ford, Controller

 Advisors: Dr. Robert Shaw (Arete Corporation- VC/Energy)

Dr. Paul Christensen- Founder and BOD.  Micromachining and microfabrication guru; developed first Waveguide Excimer laser

 

Company Information 

Leading company in miniaturization (1-300 microns whereyour hair if you have any, is 70 microns) of medical and electronicdevices using laser-based technologies. Services/products includeprecision contract manufacturing (prototype to major production),technology development and laser system manufacturing.

Disruptive technologies include combination ablativeand deposition technology*, flexible displays*, chip cooling and SmartCatheters (under development). Negotiating Partnerships in two of theareas (*).

Total of 247 active clients from Fortune 500 Partnerships to startups. Profitable except for two years out of 25.

Capital constrained because Potomacprivately/internally financed with Accellent (KKR purchased for $1.4billion) success an example of Potomac potential but with adequatefinancing.

Management and Board exceptional. Intellectual property(15 patents and adding 3 per year) ensures client loyalty since Potomacfeatures, components and devices are the competitive edge of the clientPartners' offering.

 

 Company News

.   Approached by two (2) companies for Growth    Partnership*: 

   (1.) Upper Midwest $2.0 billion company expert in printed electronics to fund Thin Film Transistors onplastics for smart labels, etc.

   (2.)  Russian companies (Engineeringand steel/electronics) to commercialize DARPA funded depositiontechnology

.   Completing Arizona State University BioDesign Institute BioFAB Multi-Beam 1000

.  ISO 9001-2000 and ISO 13485; plus Statistical Process Control

.  Pleased to be at CED's 17th Annual 2007 Tech Conference!  Looking for Strategic Partner/Investor.

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