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We are currently in the process of raising £180,000 for CADSCAN ltd and would expect to complete this project early next summer.

CADSCAN is developing a one-touch 3D scanner to exploit a market pull for a low-cost scan-and-go product targeting the professional Computer Aided Design (CAD) market. Investment will secure the management and technical team, underpin IP and enable rollout of a market-ready product in 12 months via partnerships with established CAD VARs (Value Added Resellers) to drive sales on a low-cost overhead.

The CAD market provides high-tech firms with software enabling digital asset creation (3D models). Growth is fuelled by a constant demand to develop faster with fewer resources, creating a market pull for labour-saving products. The industry serves 4.5million CAD users, including 20,000 UK firms using CAD daily. Most schools and universities now include CAD as part of the curriculum.

The directors have over 30 years experience in managing product development teams including successful launches of image processing and consumer electronics systems. They have operated companies in both the CAD and 3d imaging fields and through this have a strong understanding of both operational CAD issues and practical, vision-based solutions.

Further information on company can be found at www.cad-scan.co.uk.