THE 7TH ANNUAL VENTURE FAIR

ATHENS, GREECE
JUNE 6, 2023

Our flagship product is drumatom, the world’s first software for controlling microphone leakage in drum recordings. Microphone leakage (or bleed) occurs when a microphone captures not only the intended sound source but also the nearby sources. Bleed is seen as a sound engineering nightmare since the beginnings of sound recording. The early versions of drumatom eliminated bleed – but we soon realized that we are addressing an even bigger opportunity. With our new AI, the sound of each drum can be isolated in all available microphones, and can be used constructively to create a new never-before-available drum sound. By extending our technology to other instruments, the challenge of trying to manage the sound coming from performers playing together becomes an advantage – enabling the engineer to create a new musical experience and dramatically reducing the time needed to finalize a mix. Obviously, all of this extends to the live stage and concert world. In addition to drumatom, we have also released a major post production tool (ERA-D), that has received thriving reviews and we are about to release Regroover: a next generation beat machine, that will re-define what’s possible in electronic music sampling. There are 6 million people recording music (amateurs and professionals). The music software industry was approximately $0.5 billion in 2015. The pro-audio industry for live concerts was $1.5 billion. Filed 5 US patent applications for the company’s core technology (1 already granted). Adobe is actively into AI music research while other competitive companies are LANDR, Izotope, Celemony, etc. No direct competitor so far. Will create a software product line for each of the 3 main music production segments (studio, post-production, creative), building upon the core products we have released (common core tech allows a fast time to market). Strategy: direct software sales (standard in the industry) or monthly subscription (later), grow the user base and release of annual paid updates. Team of 10 in Greece, combining a strong engineering background with deep expertise in artificial intelligence and a passion for great music. Groundbreaking technology, based on many years of our founders’ research. Will be profitable within the next 12-18 months. Thousands of customers and a growing user base. Products endorsed and used by top names of the music industry.