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5.0. EDSR 10-14-1997
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5.0. EDSR 10-14-1997
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City Government
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EDSR
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10/14/1997
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• GADGETS, INC. <br /> 412 South Fourth Street <br /> Suite 1200 <br /> Minneapolis, MN 55415 <br /> (612) 337-0207 <br /> PROJECTED COMPANY LOCATION: <br /> Gadgets, Inc. is open to a location for its light manufacturing/assembly and distribution <br /> center. It will require approximately 10,000 square feet (expandable) of office and <br /> warehousing space with 16' ceiling height and at least one loading dock. UPS and a good <br /> transportation/communication network is essential. <br /> THE COMPANY: <br /> Gadgets, Inc. is a consumer products company specializing in bringing new and <br /> innovative products to market in non-traditional ways. Gadgets, Inc. will be a direct <br /> • marketer of its quality products through multi-level marketing plans that will typically <br /> begin with an infomercial, either long- or short-form, to build up consumer awareness <br /> and demonstrate the product use. Additional product recognition continues with direct <br /> mail, home shopping channels, internet website, partnering opportunities, print <br /> advertising and then ideally, with retail placement. <br /> The Company generates its product ideas through both internal development and outside <br /> sources. The objective of product development from outside sources is to create a <br /> network of inventors who bring their product ideas to Gadgets, Inc. for the management <br /> expertise and the funding to get their product to market. <br /> INITIAL PRODUCT: <br /> Gadgets, Inc. has developed and is introducing The Ultimate Pizza Cutter into the <br /> consumer marketplace. The product, with its unique design, is functionally the world's <br /> best pizza cutter. It is now being introduced through initial DRTV commercials in <br /> selected test markets with national rollout scheduled for this fall. <br /> • <br />
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