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6.0. EDSR 03-14-2005
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6.0. EDSR 03-14-2005
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City Government
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• River Incubator Program as a way to get started.The company noted that Elk River is a good <br /> place for it to set down roots because of its location on the way to northern Minnesota fishing and <br /> its proximity to the twin cities and the international airport in particular. <br /> Mr. Mark Wuollet is the designated manager for the North American operations. Mr.Wuollet is <br /> based in Golden Valley and is quite familiar with and strongly in favor of the Elk River location in <br /> general and the Elk River Incubator Program as the place to get started. <br /> Vilco intends to raise capital and should have a relatively easy pathway as fishing products tend <br /> to get funded in both bad economic and stock market cycles as well as during good ones. The <br /> company's founder/senior marketing manager joined Mr.Wuollet in a visit with Heidi Steinmetz <br /> and Dick Gongoll in order to familiarize them as community representatives with the technology <br /> that was demonstrated in a DVD on a computer. <br /> The website is currently only available in the Finnish language (see www.vilco.fi). Mr.Wuollet's <br /> telephone number is 763 544 1965. <br /> SeeBuddee, Inc.: <br /> Mrs. Jodi Kolstad Budde, Founder and President of SeeBuddee, Inc., is seeking capital to expand <br /> her business. She has a proprietary technology that enables one to read a large map easily in a <br /> palm sized optical unit that allows for multi perspective vision. Her first applications were for <br /> skiers to use on the mountain side in Utah during the Winter Olympics. Rather than unfolding and <br /> having a mountain ski map flap in the breeze or blow away, her product allowed the user to hold <br /> a'big map' in a flat convenient handheld optical viewer. <br /> She is presently pursuing Small Business Innovation Research (SBIR)federal funding for military <br /> • applications of this technology. Genesis has introduced her to Minnesota Wire&Cable of St. <br /> Paul; this company has entre to military and special operations purchasing departments of the <br /> U.S. armed forces.The technology could be <br /> deployed at the field soldier level and provide a convenient comprehensive orientation map for <br /> the solider in the field. <br /> She intends to utilize injection molders as contract manufacturers and has noted that the Elk <br /> River area has a good number of qualified companies in the area. Her main business would be <br /> design and develop new product applications leaving the manufacturing to third parties. <br /> After success in this field, she intends to go to animation companies such as Disney to work with <br /> them in the field of consumer entertainment products. <br /> Her website is: www.See.Buddee.com and her telephone number is 651 407 6020. She is <br /> presently located in her home in Hugo, Minnesota. <br /> SEO Precision, Inc.: <br /> Esther and Shawn Oehlke are the two founders of SEO Precision, Inc., of Crosby, North Dakota. <br /> The company has precision laser missile guidance systems components known as FSMs that <br /> can also be deployed for commercial lighting applications as well as other non military <br /> applications.The first non military application will be for farm implement lighting systems utilizing <br /> LEDs for the illumination mechanism in a novel configuration. <br /> Presently, the company is a qualified sub contractor for Boeing on classified military aerospace <br /> avionics assemblies. Shawn Oehlke worked in Albuquerque on projects at Sandia Labs and <br /> worked for about twenty years with Newport, a California based military aerospace contractor. <br /> 111 The SEO Precision needs to raise capital for its expansion plans and needs to be able to hire <br />
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