FALCONEER Technologies LLC, formed in 2003, provides the FALCONEER™ IV Process Performance Solution. This patent-pending software provides real-time intelligent monitoring & information management to watch over almost all process industries and is designed to make plants smarter, safer and more profitable.
The Plant Asset Management (PAM) systems market niche for smart plant software, such as FALCONEER™ IV Process Performance Solution, is forecast to grow at compound annual growth rates greater than 10% over the next 4-5 years to become a $1.8 Billion market by 2009. Our current target industries are chemical/petrochemical and pulp & paper. There is also significant opportunity in the wastewater treatment, power generation, pharmaceutical, food, primary metals, glass, and oil/gas pipeline industries.
FALCONEER will leverage on-going pilots & single process sales in the chemical / petrochemical and wastewater treatment markets into intra-corporate multiple sales or corporate licensing with these types of companies - FMC, BASF, PPG, and Buffalo Sewer Authority. The Company is also working with Intergraph Corporation, the leading supplier of Smart Plant software for designing, building and operating plants, to integrate FALCONEER software with their products and has an agreement on a work scope for an initial energy savings project with Chevron Energy Solutions.
FALCONEER is seeking $300,000 for additional product development and marketing.
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