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Friday, July 10, 2009
The Pitch
VoIP and digital security firm ACM seeks funds
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Advanced Communications and Media Inc.
Headquarters: Stoughton
Employees: 5
Founded: 1999
Web: www.4acm.com
E-mail: mike@4acm.com
Phone: 617-307-1196
The Pitch: The company is looking for funding to hire four employees, buy technology and pay for marketing and advertising.
PITCHING THE TECHNOLOGY
Advanced Communications and Media Inc. (ACM) says it’s transitioning to providing hosted VoIP, digital security video and other data services, rather than servicing a customer’s hardware onsite. ACM offers products and services in four areas: Voice and data phone systems, computer networks, card access systems, and security and surveillance systems. The company provides technology services such as phone system installation, VoIP, PBX and voice mail maintenance, data cable design and maintenance, card access system installation, and alarm and closed-circuit TV installation. The company is looking for funding to hire a systems engineer, as well as specialists in VoIP and Verizon Communications Inc.’s SIP trunking technology. ACM also says it plans to purchase more centralized switches and expand its services to different platforms.
PITCHING THE PEOPLE
Who is on the management team? John Greene, president; Michael O’Rourke, vice president of sales.
Have executives been involved in a cashout prior to this venture? No.
Who is on the board of advisers? The company has not yet formed a board.
PITCHING THE BUSINESS
How much money is being sought? The company says it is seeking $500,000 in funding.
What partnerships, collaborations or affiliations are already in place? Advanced Communications says it has partnerships with Verizon, XO Communications, Dell Inc., Hewlett-Packard Co., Grandstream Networks Inc., NEC Corp. and Allworx Corp.
List any federal or state grants, contracts or awards received: None.
What’s the market size being pursued? Advanced Communications says it is targeting the small to midsize business market.
Who are the likely competitors, direct or indirect? ACM says its competitors include companies Broadvox LLC in SIP trunking, Packet Eight Inc. for IP phones, Geek Squad for IT support, and ADT Security Services Inc. in surveillance cameras.
Is the company profitable? Yes.
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