AONTU.com is a web based service to facilitate the tasks of constructing, negotiating, signing and managing legally binding contracts and agreements.

–  Ask €200,000 in funding round one for initial 2 years

–  To fund a development team and establish the product in identified markets

–  €4 million turnover in year five

–  Exit trade sale year 5

*REMEMBER  TO  STATE  SOURCES  OF  STATS  

"   Executing contracts require documents forms and typically fall into the primitive practice of phone calls, printing and moving paper.

"   AONTU.com empowers businesses and individuals to complete deals quickly and securely online

"   AONTU.com will target 7.8% of a €50M/year targeted market in the initial 5 years. The target market will comprise of the following verticals

"   Manpower services providers

"   Micro-finance organisations

"   Procurement service providers

"   Public service

"   Mobile telco operators

The Problem

The AONTU.com Solution

AONTU streamlines the whole process, providing a single on-demand hub for businesses to create, sign and manage contracts and agreements.

✓  Faster signing cycles

✓  Instant search

✓  Signature process automation

✓  Control of complete contract lifecycle

✓  Secure rapid web-based exchange of signatures

✓  Easy integration with existing IT systems

✓  Compliance with Irish and EU electronic signature, data privacy and protection legislation

The AONTU.com benefits

DOCUSIGN & ECHOSIGN & RIGHTSIGNATURE

1. PDF BASED MARKUP 2. PLUG IN

3. MINIMAL NEGOTIATION SUPPORT 4. NO MODULAR FUNCTIONALITY

5. API

INT

EG

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UP

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STREAMLINE THE CONTRACTING LIFECYCLE

AONTU 1. HTML BASED MARKUP

2. PLUGIN SUPPORT 3. NEGOTIATION

SUPPORT 4. MODULAR

COMPONENTS 5. API

The Competition

CONTRACTUALITY DOCSHAKER SIGNITNOW

1. NO MARKUP 2. NO PLUGINS

SILANIS BUSINESS INTEGRITY

1. TIED TO MICROSOFT

* SOURCES

Total identified market size €50M/year over the following verticals Manpower service providers, Micro-finance, Insurance and Mobile Telcos

Total targeted

•  after 3 years 2.84% of the market with €1.4M turnover

•  after 5 years 7.8% of the market with €4m turnover

Targeted Markets : Overall

COMPANIES (team and enterprise

packages)

PLATFORM (support integration to other

products)

INDIVIDUAL (freeium and trails)

INTERMEDIARIES AND RESELLERS

(traditional channels)

Routes to Market

MILESTONE  1  :  Set  up  dev  team    MILESTONE  2:  Establish  a  commercially  ready  product  in  each  of  the  targeted  

markets  T/O  :  €1,667  

1

2

3

4 YEAR

MILESTONE  1  :  Set  up  a  Sales,  CommericalisaNon  and  Customer  

Service  team  T/O  :  €449,083  

MILESTONE  1  :  Expand  team  MILESTONE  2:  Move  internaNonal  

T/O  :  €2,301,010  

EXIT  VIA  A  TRADE  SALE  WITH  7.8%  OF  A  €50M  ACQUIRED  

T/O  :  €4M  •  A bare bones

version of the product is already available

•  AONTU has been designed from the ground up to pivot and be flexible to market demands

•  Market demand for online signing functionality is growing @ 20%/year

Growth Strategy

AONTU.com Bare Bones !(https://secure.aontu.com/v4)

AONTU.com’s secret sauce

–  AONTU is architected from the ground up to be highly configurable and modular, and which will allow it to be easily integrated with 3rd party solutions.

–  AONTU will target partnerships with vendor that already provide services in the target markets and would be interested in adding a online signing and contract management capability to their offerings.

AONTU.com Technology

The AONTU.com team

•  Frank McGuinness : A business and technical design specialist with 12 years experience in companies such as Meteor, Iona, AOL and Digital. Frank has also recently completed a Masters in ICT management and entrepreneurship at Trinity College, Dublin. As part of the course he completed a thesis titled “Electronic Contracting in Ireland”.

•  Maureen McGrady : Maureen studied law in NUI Galway and completed her Corporate Law Degree and LLB in 1999. She now runs her own practice McGrady Sweeney & Co. in Balbriggan, Co. Dublin.

•  At the moment, Frank is the only one that is working on the venture full time. I have great support from Steve Plunkett, EI mentor, RDC and Dundalk IT, and with the help of 3 DKIT placement students, who were with me since January 2011; I have a bare bones version of the service available. Key hires for the coming year will be will be a Technical Director and a Sales Director; negotiations have already started with people for both these roles.

•  HEAD COUNT IN YEAR FIVE OF 15

Five Year Forecast

(all figures in Euro)

Item Year 1 Year 2 Year 3 Year 4 Year 5

Revenue €1,667 €500,000 €1,420,000 €2,300,000 €4,000,000

Outflow €16,000 €33,000 €75,000 €82,000 €95,000

GP -€14,333 €467,000 €1,345,000 €2,218,000 €3,905,000

Projections

Funding & Shares

AONTU is currently starting a seed funding round and is looking for €300K, €150 from business angels and €150K from Enterprise Ireland.

On a €150K investment, AONTU will provide a 65% return on the investment via director’s dividends over a 3 year period, in the following repayment intervals. ! !"#$%&'(" )(*$+%,$(%"

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As well as the ROI, a business angel investor will receive 31.91% in preference shares that will vest at the end of year 3.

The AONTU venture has been approved by Enterprise Ireland to be registered under the Business Expansion Scheme. AONTU is in the process of getting RICT Outline approval from Revenue.