The executor of the project is a limited liability company “Scientific and production enterprise” «Spectrum» (Dnepropetrovsk).

The company was created to develop and implement a project for the production of acoustooptical single crystals; it has no analogues in Ukraine. In the work on this project, participants will be like-minded staff, which will comprise of academics, highly qualified specialists of technical and economic profile. The main goal of the work of our team is creating a unique high-tech production of acoustooptical single crystals of relevant international standards.

Planned production is flexible, mobile, and easily adaptable to manufacture a wide range of products, photonics, optoelectronics, as well as other types of crystals grown by the Czochralski method, in accordance with the current needs of the market.

PROJECT OVERVIEW

This product is a device which allows modulating the intensity and direction of the laser beam. The product is applied in the systems intracavity management of intensity laser radiation, fiber-optic lines of communication, medicine, electronic industries, it is an indispensable product in the field of Photonics, optoelectronics, optics, precision mechanics, electric and laser technology.

Product – the production is made of acoustooptical single crystals (paralellurit, niobat lithium and others), processed in accordance with the requirements and specification of the customer.

DESCRIPTION OF INNOVATION PRODUCT

According to the companies «Compaund Semiconductor» (www.CompоundSemiconductor.net) and «Optically Networked» (www.opticallynetworked.com) with reference to the authoritative corporation «ElectroniCastCorp» (www.electronicast.com), the industry and Photonics products market is currently under intensive growth, which ensures effective implementation of the project.

Market optical modulators of North America show a steady growth (2010 market, increased by 35% compared to 2009). On the basis of current market growth and faster growth of its needs, on the most conservative estimates, the further increase of demand is forecast for 22% per year (2011-2015 periods).

MARKET ANALYSIS

POTENTIAL CONSUMERS OF INNOVATION PRODUCT

MARKET ANALYSIS

MANAGING COMPANY LLC AMC

"FINGRIN"

Financing

«SPECTRUM» LTD

VENTURE FUND "SPECTRUM"

Profit

Investm

ent

s

pro

fits

ORGANISATION SCHEME FUNDING

Legal support

Financing of the project and monitoring of its implementation in accordance with the approved budget and schedule.

Accounting is performed by qualified specialists of the company that allows you to enforce legislation and cost optimisation.

The Legal Department of AMC «Fingrin» performs a full legal support and representation of interests of the company.

Tender Committee

On-line Monitoring

All purchases of equipment, materials and services on the project are made on the basis of public tenders.

On-line information is available to investors about the process of the project implementation schedule works, quotations of "SPECTRUM", the financial condition of the enterprise at any given time.

MONITORING AND PROJECT MANAGEMENT

Budgeting

Accountancy

INVESTMENT PROTECTION

THE ORGANISATIONAL PLAN OF PRODUCTION

Preparatory phase

The creation of industrial production - 360 single crystals in a year. Receiving the first batches of products. Product supply contracts with the end-users. The sale of products. Market development.

FUNDING – 13 157 Thousand UAH

1st stageFrom 1 – 12

month

Formation of innovative ideas, research, laboratory tests, determination and optimisation of technological parameters, the development of innovative proposals, market research, strategy ways to promote products, definitive list of necessary equipment and the development of technical specifications for its production, search and selection of production facilities, a business plan, patenting and State registration of intellectual property rights, the development of project financing schemes, registration of enterprises and venture fund, the negotiation and signing of documents of intent with potential project partners. FUNDING – 15 000 Thousand UAH

Expansion of production up to 7776 crystals in the year. Conclusion of long-term contracts with suppliers and buyers. Accreditation of the company to ISO.FUNDING – 21 843 Thousand UAH

2nd stageFrom 12 -16

month

PLAN FOR PRODUCTION

LOCATION OF ENTERPRISE

Satellite view

The general view of the building

The plan of the building

THE ORGANISATIONAL PLAN OF PRODUCTION

BLOCK DIAGRAM OF CREATION OF AN ENTERPRISE

Chemical-analysis

laboratoryGrowing unit

Plot of processing of crystals

Assembling finished products

Quality control service

Chemical-analysis laboratory

Incoming control of raw materials, preparation of the

original charge

THE PLAN OF CREATION OF PRODUCTION

BLOCK DIAGRAM OF AN ENTERPRISE

Plot of processing of crystals

Cutting, grinding and polishing of crystals. Optical quality control is performed.

Growing unit Growing crystals from

molten charge by Czochralski method

THE PLAN FOR CREATION OF PRODUCTION

BLOCK DIAGRAM OF AN ENTERPRISE

Quality control serviceQuality control service is

performed at every stage of production and is carried out in

accordance with the requirements of the ISO. To verify the quality of the used microscopes, lasers of

different wavelengths and power.

Assembling plot of crystalsAnti-reflective coating materials for crystals, diffusion welding,

electrodes, certification, marking, packing.

THE PLAN FOR CREATION OF PRODUCTION

Agreement

A tentative agreement has been reached with Ad Astra Management B.V. (the Netherlands), which is a major distributor of crystals in the countries of Europe; on sales of products on the European market.

reliable experts in the field of improving business processes, introduction of new principles of management of production and have great experience in promotion on the world market. The Company undertakes to provide assistance in the establishment of production with the necessary infrastructure and implementing a management system

A cooperation agreement has been reached with "Saventi BV" (Netherlands), who are

THE PLAN FOR CREATION OF PRODUCTION

SUCCESS FACTORS

The quality of the product

It is guaranteed to use enhanced growth equipment, as well as participation in the production company Saventi BV (Netherlands), which has extensive experience in creating from "zero" such productions and move them to the world market.

At the first stage, the cost of the product allows to sell ready-made, fully processed, sprayed coated crystals at cost of only processed ones. After capturing a segment of the market, the price of products will grow.

Pricing

The organisation of production and sales of products will be implemented with the participation of "Ad Astra Management B.V." (Netherlands), which have been briefed to ensure the promotion of products in Europe and the United States. A cooperational contract has been signed.

Developing the market

Qualification training

Reliability

The experts of the Project Office AMC «Fingrin» implement the full range of project management activities using advanced software that allows you to minimise your risks and comply with the planned project.

Involved in the project will be leading scientists, including doctors of technical sciences, with experience in the production of single crystals, as well as specialists with the necessary qualifications.

THE PLAN FOR CREATION OF PRODUCTION

PROJECT PERFORMANCE INDICATORS

TECHNO-ECONOMIC INDICATORS OF THE PROJECT

ТОЧКА БЕЗУБЫТОЧНОСТИ

БЮДЖЕТНАЯ ЭФФЕКТИВНОСТЬ

TECHNO-ECONOMIC INDICATORS OF THE PROJECT

BREAK-EVEN POINTFixed costs, thousand UAHFixed costs, thousand UAH

Variable costs, thousand UAHVariable costs, thousand UAH

Break-even point in monetary terms Break-even point in monetary terms

RevenueRevenue

BUDGET EFFICIENCY

Surplus revenueSurplus revenue

Accumulated surplus revenueAccumulated surplus revenue

1 year 2 year 3 year 4 year 5 year 1 year 2 year 3 year 4 year 5 year

1 year 2 year 3 year 4 year 5 year 1 year 2 year 3 year 4 year 5 year

THE SCHEDULE OF THE PROJECT PAYBACK

TECHNO-ECONOMIC INDICATORS OF THE PROJECT

Timetable for payback with discountTimetable for payback with discount

Payback schedule without discountingPayback schedule without discounting

QuarterQuarter

REVENUE/COSTS

1 year 2 year 3 year 4 year 5 year 1 year 2 year 3 year 4 year 5 year

RevenueRevenue

CostsCosts

Net profitNet profit

THE VENTURE FUND "SPECTRUM"

1. The way of placing of investment certificates issued-closed (private) placement

2. The total nominal value, of certificates for deployment – 50000000 UAH.

3. The nominal value of each investment certificate – 1000 UAH.

4. Number of investment certificates – 50000 pieces

5. Form of investment certificates – is non-documentary

6. Form of issue of investment certificates, registered

FORECAST FOR PROFITABILITY AND DYNAMICS OF COST OF SECURITIES

FORECAST FOR PROFITABILITY AND GROWTH DYNAMICS OF

SECURITIES

The company's profitability forecast

Surplus revenueSurplus revenue

Yield forecast of investment certificates

The growing demand for innovative product, even during "the global financial crisis", suggests that the enterprise is profitable asset, therefore the forecast investment certificate value dynamics will be comparable with the cost of sustainable banking assets.

FORECAST FOR PROFITABILITY AND GROWTH DYNAMICS OF SECURITIES

Forecast of the market value of the company

Cost of 1 investment certificate

ACCUMULATED CASH FLOWS

The accumulated investors' cash flows

Accrued investors' dividends

FORECAST FOR PROFITABILITY AND GROWTH DYNAMICS OF SECURITIES

Thousand UAH