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Information for Investors
NoSoapCompany was founded in late 2015. The four shareholders are the management, AMPO Holding and Comarco BV. After some initial trials, the design of the current equipment series with the monitoring ability started by the end of 2016.
The company has launched its first commercial product at the Medica trade show in Duesseldorf, Germany in 2018. This is after extensive and successful field trials on the basis of the first small batch of the new dispensers. A number of improvements have been included in the first batch of industrially-produced PDU's in the first quarter of 2018.
NoSoapCompany's monitoring solution depends on the Sigfox network, and the selection of initial markets is therefore limited to those markets with good coverage. Even in those initial markets, our market opportunity research points to a total market of a size that easily justifies the initial investment. Meanwhile, the Sigfox network, and therefore our addressable market, is expanding rapidly. By the end of 2019 or so, we expect the major European countries and several Middle Eastern hubs (UAE, Oman) to be fully covered.
Inquiries have also been received about potential additional models based on the new technology, and for applications of the dispensers, the electronics or both in fields hitherto not considered.
The company is a "bootstrap" start-up, carefully investing and reinvesting funds as they come available. During the coming year, and given the highly encouraging level of interest, this may limit our ability to scale up as fast as market opportunities present themselves. One of the options we may therefore consider is to attract an additional investor and/or business partner. Ideally, someone with additional contacts and experience in a closely related field.
For more information or for a personal discussion about this subject, please do not hesitate to contact one of the members of the management.
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