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Sallese Technologies, Inc. <br /> • <br /> Peter O. Hoffoss <br /> Mr. Hoffoss is the Sales Engineer. He has over 10 years of sales and sales <br /> management experience. Prior to that he had a 14 year career in the United <br /> States Navy, retiring as a Lieutenant Commander. He is a graduate of Purdue <br /> University with a B. S. in Mechanical Engineering. <br /> Michael F. Theisen <br /> Mr. Theisen is a Controls Design Engineer with a background of 30 years in many <br /> phases of the electrical field. He holds a B. S. in Industrial Technology from <br /> Bemidji State University. He is responsible electrical and electronic operations <br /> from design and programming through supervision of panel building and <br /> installation. He also holds an "A" Master Electrical License in Minnesota. <br /> COMPANY NEEDS: <br /> Personnel: <br /> The Company currently employs 30+ persons. It is estimated that employment at <br /> • its grinding facility will total 7-10 persons over the next two years. The Company <br /> will be looking for both experienced machinists as well as individuals with <br /> mechanical aptitude and ability, but limited experience to staff the grinding <br /> operation. As this division's sales increase, the Company projects that <br /> employment will increase. Average salary range for the new employees will range <br /> between $10 and $17 per hour plus a comprehensive benefits package, depending <br /> on position and experience. <br /> Financial: <br /> Capital equipment and move $150,000 <br /> Computer equipment and software 20,000 <br /> Sales and Marketing 30,000 <br /> Working capital 150,000 <br /> Total Use of Funds $350,000 <br /> • <br />