AppTech Corp. (APCX)
Apple's App Store opened in July of 2008, via an update to iTunes. It allows users to browse and download applications from the iTunes Store, giving application developers a major new channel for reaching the mobile user market. There are now over 300,000 third-party applications available on the App Store, most being either free or under $5 to the user, resulting in billions of application downloads. Apple's App Store proved without question the size of the mobile computing market.
Nevertheless, the App Store is focused on applications developed only with the iOS or Mac software developer kits. There is currently no universal marketplace for both consumers and developers on operating systems of all kinds, including Google Android, Apple iPhone, RIM and Palm operating systems, and the new China based oPhone operating system.
Texas based AppTech Corp. (APCX) intends to fill that gap, becoming the first universal exchange for mobile software applications for any carrier in major languages (such as English, Chinese, Japanese, Hindu, Portuguese). AppTech will provide translation services and market access in emerging countries for English-based application developers in return for a royalty on all international sales. The system represents one-stop-shop services for mobile app developers throughout the world, offering them, among other things, timely payment of royalties. For AppTech, it's a solid business model with minimal fixed overhead costs, offering better value to their shareholders at lower risk. The company will operate essentially as a virtual company, paying developers royalties as a percentage of sales for their work.
The AppTech mobile application marketplace will serve the over 4 billion mobile subscribers throughout the world, including:
- United States
- Latin America
The company is focused on multiple platform mobile applications designed to run on device operating systems, such as:
- Apple iPhone
- Google Android
- Nexus One
- Research In Motion
- Microsoft Mobile
- Verizon Droid
Eric Ottens, AppTech's global-oriented CEO, is fluent in Spanish, French, and Portuguese, and has 25 years of executive and financial management experience with Marriott Corporation, Global Telecom Network, Baker-Hugs International, and Tek Oil & Gas Corporation.
For more information, see the company website at www.ApptechGlobal.com
Ecologic Transportation, Inc. (EGCT)
Out of an endless parade of companies trying to jump on the environmental bandwagon, each one with their own set of green ideas and technologies, not everyone is able to make the leap from an interesting idea to a creative and effective business model. Ecologic Car Rentals, Inc., a subsidiary of Ecologic Transportation, Inc. (EGCT), has managed to do exactly that by coming up with a unique way of leveraging the needs of both consumers and manufacturers.
Ecologic Car Rentals has created a one-of-a-kind platform for consumers to try out new environmentally friendly cars, while at the same time allowing car manufacturers an easy and cost effective way to introduce eco-cars and test out the market. The company has the only rental fleet made up exclusively of eco-friendly cars. For consumers, an increasing number of whom are looking for green and fuel-efficient automotive alternatives, this offers a simple and safe way to give such cars more than a ten minute test drive before actually buying them. For car manufacturers, who are well aware that people will frequently rent cars they are thinking of purchasing, it's a way of exposing their eco-oriented vehicles to exactly the highly focused market they're going after, with every one of their cars getting between 5-6 test drives per month on average.
The California based company is already expanding into complimentary areas, each with its own potential. Their Ecologic Systems unit is actively involved in the support of gas station ecological enhancement, with new energy options and solutions. The Ecologic Products unit develops, acquires, and licenses eco-friendly products to be distributed by Ecologic Car Rentals, Ecologic Systems, and partners. An example is Ecologic Shine, a waterless environmental car wash process that cleans and shines cars safely using 100% biodegradable products, also allowing consumers to direct part of their purchase to environmental non-profits. The company also offers EcologicRadio.com, an online talk radio network covering all topics green, including investments.
For Ecologic, the approach opens a novel door to the $42 billion global auto rental market, with unique opportunities for such things as government and business fleet rental partnerships, joint ventures, and even strategic acquisitions. Ecologic Car Rentals sees itself establishing a multi-regional U.S. footprint, with revenues in excess of $125 million, and EBITDA of over $20 million, all within a 3-4 year period.
For more information, visit the company's website at www.EcologicTranspo.com
USA Recycling Industries, Inc. (USRI)
Iron and steel scrap is a critical source of metal for America's manufacturers. U.S. steel producers are highly dependent upon scrap. It's a multi-billion dollar business, and it's also critical to the environment. Scrap steel recycling conserves raw materials, saves energy, and reduces the demand for landfill space. Not surprisingly, the primary source of scrap steel is the automobile. Every year, millions of tons of obsolete automotive steel are recycled. In 2008, the steel industry actually recycled more steel from automobiles than it used in the domestic production of new vehicles.
One company at the heart of this industry has developed such a solid footing in its current market of automotive scrap metal that it is now growing into ancillary areas, such as petroleum products. USA Recycling Industries (USRI), based in Reading, Pennsylvania, has only been operating since 2007, and yet is already the scrap metal recycler of choice for over 4,000 automotive service centers throughout North America. These include chain centers operated by some of the most recognizable names in the retail category, operations listed on the NYSE, NASDAQ, or owned by some of the world's biggest hedge funds. The company has an agreement to process the recycled scrap metal from these centers with an internationally recognized manufacturer of specification secondary aluminum alloys.
The company has recently consolidated with Voyager, a publicly traded mid-market petroleum based brokerage, processor, and distributor, in an $11 billion U.S. market. This now allows USA Recycling to provide private label and wholesale eco-friendly petroleum based products to end users, such as fuel blenders and refineries, as well as automotive and manufacturing markets. Voyager has been following an aggressive acquisition and growth strategy, seeking target companies that can reduce costs and generate greater revenue from increased capital expenditures, vertical integration, and wider distribution channels.
Key to the success of USA Recycling has been the company's compelling service offering, a combination of benefits that would be difficult for any automotive center to turn down. It starts when Scrap USA, the company's subsidiary, drops off, at no charge to the automotive center, one of the Scrap USA containers. The automotive center now has an on-site place to quickly throw virtually any type of metal (brakes, wheels, radiators, transmissions, catalytic converters, anything). Scrap USA will pick up filled containers automatically, based upon the customer's preferred schedule, or any time the customer calls. The scrap metal is hauled to one of the USA Recycling warehouses, where it is processed for proper handling in accordance with applicable laws and regulations. A certified weight ticket is created and the automotive center customer receives a check for the metal, along with all associated documentation, usually within 30 days of pickup. Best of all, the participating location is held 100% harmless from any environmental claims. Scrap USA assumes any and all liability should a problem arise. The company is now moving toward the processing of additional materials, including tires, batteries, and other automotive related products.
For more information, see the company website at www.USARecyclingIndustriesInc.com