ELITE TECHNOLOGIES, INC.

ELITE TECHNOLOGIES, INC.

Previous company name

Name change date

Company Overview
Elite Technologies, Inc. is primarily engaged in the design, manufacture and sale of process simulator and data acquisition system. The company manufactures custom-made products that will meet customers’ specific needs. It is involved in research and development (R&D) for a quantity of one or for mass production. The company has designed test benches, portable data acquisition systems for conventional measures, such as temperature, flow, level, pressure, etc. as well as for other measures, such as pH, water hammers, weight and many more. These systems were designed using software, such as Labview, Labtech, etc. The company has offices in Montreal and Quebec in Canada.
Its products include ED 500, ED 1001, EL 5000, and ELITE-300. The company also builds educational systems for training & learning purposes. All the elements of a large-scale industrial process are included in this system: control, level, flow, temperature and pressure loops that have been tested by schools and by people in the industry. Its educational systems can be used to show basic concepts (calibration, start-ups, etc.) as well as complicated ones (cascading, feedforward, etc.). The systems come with 20 educational laboratory experiments as well as documented exercises that are used by teachers and students. Educational systems can be either portable or semi-portable. The company is also a supplier of many types of products in the fields of instrumentation, automation and control.
Elite Technologies, Inc. provides the following services: revamping, orientation, design, selection, acquisition, reconditioning, troubleshooting, maintenance, optimization, manpower, training, start-ups, and installation. In addition to the services it offers for projects (turn-key, integration, etc.), maintenance or troubleshooting (24h/day), the company sells value added products or services. Its Mission: To be the customers resource for their instrumentation, control, automation and environmental needs.
Business Summary
Elite Technologies, Inc. is a full service technology company offering technology services to small, medium and large enterprises. These services involve the facilitation of the flow of information within a company or between a company and external sources as well as the supply of technology platforms to complete the delivery of this information. These services typically involve computer hardware, software and “integration” efforts to allow diverse systems to communicate with one another.
Description and history
Elite Technologies, Inc. (Elite) is a full service technology company offering technology services to small, medium and large enterprises. These services involve the facilitation of the flow of information within a company or between a company and external sources as well as the supply of technology platforms to complete the delivery of this information. These services typically involve computer hardware, software and “integration” efforts to allow diverse systems to communicate with one another.

Elite’s objective is to establish itself as a leading provider of Internet connectivity and content solutions. The Company intends to utilize acquisitions to support the growth of its business, such as content and hardware providers. The Company intends to utilize Ace Manufacturing Group, Ltd.’s (AMG) content and advertising platform to serve as a means by which retailers and other connectivity solutions providers can access a viewer base with quantifiable online purchasing habits.

In June 2000, Elite acquired AC Travel, Inc. and International Electronic Technologies of Georgia (IET). AC Travel is a wholesale and retail travel agency. IET provides wholesale and retail sales and distribution of computer related products. In February 2001, Elite acquired Icon Computer Parts of Puerto Rico. In July 2001, Elite purchased Worldtouch, Inc., a provider of telecommunications services, including long distance callback and Voice Over IP (VOIP), internationally.

In December 2001, the Company opened Intelligent Software Solutions, Inc. (ISS) as a new wholly owned subsidiary. ISS provides the distribution of packaged software applications, silicon chips, memory and IC chip products.

AMG

Acquired in April 2000, AMG designs, builds and markets an Internet “pay by minute” browser (kiosk) used primarily in hotels, airports and entertainment establishments. Elite intends to utilize AMG to acquire additional companies to augment the Internet kiosk marketed by AMG, including companies providing content, hardware and other related sectors of commerce.

AMG sells a variety of Internet kiosk units, customizable for their individual application and environment. AMG is also developing a content and advertising platform that provides quick access to the most frequently used services online, such as travel services, e-mail and e-commerce. AMG is marketing its kiosks to retailers, airports, municipalities, gas stations, hotels and other public areas where Internet access is needed. The kiosks not only provide connectivity to the public, but allow advertisers and retailers to promote their offerings in an interactive format.

AMG specializes in communication implementation of Public Internet pay stations. The Public Internet pay stations have three separate niche markets: Automated Business Center, Entertainment Access and Advertising Kiosk.

The Automated Business Center provides a solution for business travelers. The Automated Business Center allows business travelers to access e-mail, send or receive a fax, make color copies, or surf the Internet, in frequently traveled business locations. The Automated Business Centers are directed towards hotels, suites, convention centers, and airports. Payment options include cash, credit cards and optional coupons to make it easy to meet the versatile needs of travelers.

The Entertainment Access Internet Terminal caters to restaurants, coffee shops, turnpike stations, auto service stations, grocery stores, shopping malls, convenient stores, roller rinks, arcades, movie theaters and museums. The kiosk offers over 2000 1-click Websites. The Entertainment Access Internet Terminal is programmable, enabling custom programming for the various sites. It also includes on-line sports books, trivia, car manufacturers, classifieds and dating services.

The Advertising Kiosk implemented in the Automated Business Center scenario offers the business traveler the same functionality-access to e-mail, send and receive fax, color copies or surf the Internet. The Advertising kiosk implements a coupon program, allowing the hotel to issue each guest $10 dollars in coupons to be used at the kiosk.

IET and Icon

IET and Icon are engaged in the wholesale distribution of computer parts and assemblies throughout the United States, Latin America, and Puerto Rico. Further marketing of Internet kiosks will be done through these technologies industry distribution channels.

AC Travel

AC Travel is a Web portal targeted at foreign nationals living in the United States. Similar portals have been launched for Chinese and Spanish populations. Another Web initiative of AC Travel includes a business to business portal for the facilitation of international trade. AC Travel also has the ability to provide all travel requirements of the target markets of AMG kiosks.

Worldtouch Communications

Worldtouch Communications provides an integrated suite of high quality, low-cost international telecommunication services to large and small businesses, including VolP, call back, prepaid calling cards, and prepaid cell phones.

Business Line
Engaged in the design, manufacture and sale of process simulator and data acquisition system; Provides related services
Subsidiary

Advisor
ISRAEL AND RICARDO BLANCO, C.P.A.
IPO date

US SIC Code
7371
Company Address
Suite 289
330, East Maple Road
City province or state postal code
48009, BIRMINGHAM, MI
Phone: +1 248 644 4539
Fax:
Country address: UNITED STATES OF AMERICA
Website url: www.elitetechnologie.com