The purpose of this description is to initiate the raising and examination of the allocation of $1,000,000 of equity funds for the expansion of a technology and telecommunications businesses. i-Zone-3 Technologies, Inc. (“the Company” or “IZ3”) is a Maryland registered S-Corporation that intends to develop and distribute a highly specialized line of software designed for GPS and mobile electronic systems. The Company has been in operation for more than 7 years, and has since reached profitability through its multi-faceted subsidiary corporations. This business plan will specifically focus on the software development aspect of the business.

 

Management Team

 

Robin Hossain – CEO

 

Mr. Hossain is a highly experienced business and technical manager that has a 15 year successful track record with Fortune 500 and Fortune 1000 companies. He began his professional career in 1990 when he took a position with Nu-Tech Developments. At this position, Robin was responsible for the design and implementation of advanced in car GPS navigation technologies that are still unparalleled in many respects 17 years later.

 

After holding his development position for almost 3 years, Mr. Hossain then took a position as an IT manager for British European Enterprises. Here, he concluded this start-up company's IT strategy and helped negotiate the operational network strategy with France Telecom, Mercury, BT and Sprint.  In partnership with a select number of hardware and software solutions vendors, Robin helped design and implement the global data and voice infrastructure.

 

From 1994 to 1998, Robin worked with McLean Virginia based Primus Telecom Inc. where he assisted with the launch of this now multi-billion dollar telecommunications company (NASDAQ: PRTL). Mr. Hossain was instrumental with the development of the company’s billing/customer support computer suites.

 

In 1998, Robin took the position of President of Firstsight Media in Washington, DC. This business provided integrated e-commerce solutions for major corporations and government agencies on an international level in particular with contracts within Dubai - United Arab Emirates.

 

In 2000, Robin took his last employed position as the Director of Billing & I.T. with Startec Global Communications in Potomac, Maryland. Here, Mr. Hossain implemented the entire network infrastructure and software components to provide a complete integrated Billing and CRM solution catering for a number of countries across Europe out of a European Headquarter in London, UK..

 

Since 2001, Mr. Hossain has been the CEO of i-Zone-3 Technologies, Inc.. The growth of this business has been substantial, and the Company reached profitability within its first year of operation. Currently, i-Zone-3 Technologies operates in a number of operating capacities including managing online businesses as well as traditional brick and mortar businesses.

 

He completed his Bachelor’s degree from the University of Liverpool with a major in Electrical and Electronic Engineering. Mr. Hossain also holds a Masters of Science in Scientific computing from the University of Southbank. Mr Hossain was a awarded a Special Distinction of merit with his Master’s Degree based on particular excellence of his customized GPS software and hardware thesis.

 

Sylvester Jordan - Configuration Manager/Quality Assurance

 

Sylvester Jordan brings over 30 years of experience and expert military precision to the team.  Having served as cryptologics chief in the US Navy - Sylvester was also a team lead for the US patriot missile development and many other mission critical projects.

 

Sylvester’s meticulous attention to process, testing and detail adds significant prudence to the already formidable quality assurance value brought by the other management team members.

 

Mr Jordan holds a Bachelor’s degree in Economics as well as a second Bachelor’s degree in Business Management from the University of Maryland, with Dean’s list standing for both degrees.  Mr. Jordan is fully certified in configuration management and has successfully managed over $2 billion worth of contracts.

 

Tyrone Carter - Wireless Networks Manager

 

Ex US Navy and a graduate in Science Telecommunications, Mr. Carter has 17 years wireless and wireline telecommunications experience and has managed complex network rollouts for AT&T/Cingular, T-Mobile, Verizon and others.  Mr. Carter has also served as team lead for numerous security and communications projects for the US State Department, US Embassies worldwide and the United Nations.

 

Mr. Carter’s knowledge and experience will allow iZ3 to identify ways of maximizing leverage on existing and upcoming wireless networks.

 

Beatrice Jordan – Marketing Manager

 

After completing her degree in journalism from the University of Maryland, Beatrice initially took a job with State and Federal Associates as a special projects coordinator. Here, Ms. Jordan refined her research skills while concurrently managing the day to day operations of 13 drug reimbursement hotlines. She held this position for three years (1990 to 1993).

 

In late 1993, Beatrice became the regulatory affairs specialist with Social and Scientific Systems, Inc. Here, she was responsible for many of the operations related to preparing documents for new drug applications, new drug amendments, and annual reports regarding clinical trials. Specifically, a number of drugs she worked with were for AIDS treatments.

 

From 1998 to 2001, Ms. Jordan worked for Nu-Tech Developments. She served as their marketing manager.

 

Upon returning to the United States, Beatrice became a marketing consultant for i-Zone-3 Technologies, where she has developed and directed the strategies used both in the telecommunications and car rental aspects of the business. She also works within i-Zone-3’s car rental facility as the human resources director (a position she has held since 2006).

 

Business Concept, Competition, and Competitive Advantage

 

Management intends to operate among three primary market segments: consumer electronics companies, businesses that have GPS system needs, and worldwide government agencies. Among the first segment, Management intends to license its technologies to be used within hardware that is sold to consumers that use GPS and integrated navigation systems in their cars/trucks. Mr. Hossain intends to implement a number of new algorithms, functions, and interfaces that will drastically improve the usability of today’s technology. Among these businesses, the Company will generate recurring streams of revenue from both the sale of the initial license and revenues from upgrades and technical service.

 

The second market segment are companies that have GPS needs. These businesses include shipping companies, car rental businesses, and logistics management firms that need to track merchandise/vehicles on a regular basis. Mr. Hossain will develop relationships with these businesses to sell software and off-the-shelf hardware solutions for logistics needs.

 

The final segment targeted by IZ3 are security and government agencies that require GPS systems with increased functionality. Increased functionality includes live air, land, sea, space vehicle and personnel communication / navigation logic for global operations.

 

Management expects that government agencies may require specialized development of new software, which in turn, may create new business lines that IZ3 can implement.

 

Competition among businesses that develop telematics products is intense. The commoditization of the electronics industry coupled with the recurring streams of revenue generated from ongoing upgrades has led a number of companies into the market. Competitors within the industry include, but are not limited to:

 

• ·NavTeq - This company provides mapping data as well as navigation design software.  It is the software aspect of this company that iZ3 intends to overtake in conjunction with mapping data from Microsoft, Google, TeleAtlas or other mapping data agencies.
• ·Environmental System Research Institute (ESRI) - This company provides GIS software for a multitude of uses, primarily geographic planning.
• ·OnStar – This is a GM product that is installed on most of their mid-range and high end vehicles. As such, GM vehicles may not need software sold by i-Zone-3 Technologies.
•  ·Vehicle Tracking Incorporated – This Company produces a number of software components that are used on computers and mobile electronics. They provide many of the same software modules that IZ3 will offer to its clients.
•  ·Garmin, Ltd – This company has developed a number of proprietary navigation products that are used within consumer applications. These products do not need to be installed into a vehicle. Garmin will be a continued competitor of the business.

 

Management intends to retain a competitive advantage over these competitors by continually making reinvestments into the Company’s R&D and marketing infrastructure.

 

The Company will be able to maintain successful business operations because of the following:

 

• ·A software development firm that is able to provide a number of off-the-shelf hardware solutions coupled with integrated software that represents that state of the art in telematics technology.
• ·Recurring streams of revenue from royalties, upgrades, and technical support.
• ·A management and development team that can develop new and innovative software modules for a multitude of consumer, corporate, and military applications.
• ·Potential to develop large consulting and development contracts with major corporations and government agencies.
• ·A Management Team that will be able to manage the day to day operations of the business while focusing on bottom line income growth.

 

Marketing Opportunity and Marketing Plan

 

i-Zone-3 Technologies, Inc. will grow through several avenues:

 

• ·The successful development of additional software modules for use with a number of off-the-shelf hardware products on the market.
• ·The development of an effective marketing campaign that targets major corporations and government agencies.
• ·The successful acquisition of capital to expand i-Zone-3 Technologies’ operational capacity.
• ·Establish a strong presence among consumer electronics companies, logistics companies, and government entities.
• ·Build a large network of independent sales agents to sell directly to the government and corporations.
• ·Continually develop new GPS and navigation software modules so that the Company can retain its clientele.

 

 

Revenue Model and Projections

 

Year 1 

• ·In 2008, IZ3 intends to begin distribution of its GPS software and navigation systems to the target market segments discussed in the fifth section of the business plan.
• ·The Company does not expect revenue in the first year of operation.

 

Year 2 

• ·Management intends to continue to develop new software modules for off-the-shelf GPS components. IZ3 will also work closely with major corporations for custom software development.
• ·The business will generate $1 million dollars of sales, and $613,000 of gross profits.

 

Years 3-5 

• ·At this point, the business will have several companies that use IZ3 for their GPS and mobile electronics software development needs.
• ·By the fifth year of operations, the Company anticipates that it will be generated yearly revenue in excess of $1.29 billion.