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Software News   Software News : Nova Design Selling Off One of its Lines of Business
   posted by Kermit on 10-Oct-2006 2:24:54 (2734 reads)
Financials
Asking: $45,000
Inventory: $4000 approx. (included in the asking price)

Business Summary
Cinematte was created in 1995 as part of the Amiga (a computer popular in the late 1980’s and early 1990’s for desktop video) software package, ImageFX. Cinematte was one of the first true digital bluescreening software packages for compositing actors, and other subjects, photographed against a blue (or other compatible solid color) background into another photograph, film or video. While many applications on all platforms attempt to provide methods of realistic compositing, Cinematte is one of the few that can do this easily and realistically using the same methods pioneered in Hollywood features.


In 1996 Cinematte was recreated as a plugin for Adobe’s popular Photoshop graphics application. First available under the Windows platform and later on Macintosh OS X. At this time Cinematte was spun off as its own package and was marketed under a different company name to distinguish itself.

Cinematte was a strong seller from the start. Originally thought of as a software tool for special effects companies, Cinematte grew to find strong appeal in the then-new digital still photography market, especially with photographers working with catalog photography and the novelty photograph market.

The Amiga version of Cinematte was the last to receive significant updates to its functionality in 2002. These new features were scheduled for implementation on the Windows/Macintosh version, but were never completed. Other versions were also planned for additional markets, which would require relatively less programming effort, but were also not completed. These markets all still exist, as well as many new markets have arisen. For ten years Cinematte has been a strong product, and the market still continues to grow for this quality compositing package.

Cinematte, under a new vision, could also be sold in partnership with many other companies in the non-linear editing (NLE) and digital photography worlds as part of bundling or licensing arrangements. These could be done as one-time deals or be used to drive sales back to the full Cinematte package.

Any existing company in the graphics field would find Cinematte to be an excellent addition to its software catalog. Cinematte would also make an ideal basis for a business for a programmer looking to start his or her own company.

Market Outlook
Competition: Only two partially competing products existing. Both are significantly more expensive and lack significant features present in our product. User interfaces on competition are more limiting as well. No attempt by competition to appeal to larger market in the pro-sumer realm.

Growth/Expansion: Expansion possibilities are huge. Cinematte could be made available as a plugin product for many other packages and platforms that would greatly expand its market. Features developed for Amiga version have never been ported to the existing Photoshop plugin.

Distribution: Currently offered through one catalog reseller who does a good business and sold online direct without any current promotion.

Demo Reel
The Nova Design, Inc. demo reel, including many sequences bluescreened with Cinematte, can be seen on YouTube at http://www.youtube.com/watch?v=8cAf6cgu5N0

About the Sale
Support/Training: Will provide 60 days of part-time consulting service on non-programming issues. Programming consulting available at hourly rate.
Trademarks: Cinematte trademark will be transferred to purchaser.
Source Code: All source code will be transferred to purchaser.
Documentation: All documentation for all editions will be transferred to purchaser.

Reason Selling: Do not have the time to maintain, nor to build.

Contact
Kermit Woodall can be reached at kermit@novadesign.com, by mail at Nova Design, Inc., PO Box 9441, Richmond, VA 23228
    

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PosterThread
afxgroup 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 7:32:31
#1 ]
Super Member
Joined: 8-Mar-2004
Posts: 1965
From: Taranto, Italy

well, this would be a great piece of software.. but i don't have 45.000$


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weirdami 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 7:37:54
#2 ]
Regular Member
Joined: 30-Mar-2003
Posts: 231
From: Unknown

Buck up, afxgroup, I bet they'll take 30.

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BinoX 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 8:02:10
#3 ]
Cult Member
Joined: 2-Nov-2005
Posts: 709
From: Cornwall, UK

Come on lottery numbers!
Must buy! Must develop!


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Bobsonsirjonny 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 10:27:42
#4 ]
Elite Member
Joined: 28-Jul-2003
Posts: 2880
From: Unknown

$45 US is only about 28K - 30K

I cant code for toffee though.

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afxgroup 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 11:07:49
#5 ]
Super Member
Joined: 8-Mar-2004
Posts: 1965
From: Taranto, Italy

45,000$ are 40.000Eur... and i don't have it neither...


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Fransexy 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 11:57:02
#6 ]
Elite Member
Joined: 8-Jun-2004
Posts: 2332
From: Elche (Alicante), spain

Perharps we could made a project like openaladding to collect money and relese it as open source project


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_PAB_ 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 12:48:08
#7 ]
Regular Member
Joined: 20-Sep-2003
Posts: 189
From: Germany

This is a commercial product... there should be made some money with it and not opening the source.
There are customers that can pay the development.
Now for a purchaser it would be most important to know how much a new release is anticipated by the existing users.
One would need 450 customers that are willing to pay 99$ just to get the purchase price.


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Simon 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 13:37:17
#8 ]
Cult Member
Joined: 16-Feb-2005
Posts: 997
From: Antwerp / Belgium

it goes on and on and on .... about how great it is and how big the possibilities are.

If you were the owner shouldn't you make time for it instead selling it ?


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BrandonLee 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 16:59:13
#9 ]
Super Member
Joined: 15-Dec-2003
Posts: 1355
From: Lisbon, Portugal

I never heard of that. Isn't this the same company that is trying to sell Alladin3D? If it is, I think this will be as successful as that other sale.
Alladin3D was a years (decades?) old software, that never got a significant user base. Trying to sell it for that huge asking price is like trying to milk a dead cow.

Hopefully this Cinematte thing is not a similar deal.

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Toaks 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 18:55:59
#10 ]
Elite Member
Joined: 10-Mar-2003
Posts: 8042
From: amigaguru.com

@kermit , this is so sad to hear... what happend? , have you given up on us poor souls?

Wish i had some doe and i would buy this and shuffle it to some company on a rise.


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ackcontrls 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 10-Oct-2006 23:44:16
#11 ]
Member
Joined: 22-Apr-2006
Posts: 92
From: Unknown

Quote:
it goes on and on and on .... about how great it is and how big the possibilities are.

If you were the owner shouldn't you make time for it instead selling it ?


There are plenty of good reasons one company would sell the IP and an equal number of reasons one would buy the IP. Companies do it all the time when they spin off divisions.

Adam

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AmigaManiac 
Re: Nova Design Selling Off One of its Lines of Business
Posted on 11-Oct-2006 12:17:19
#12 ]
Regular Member
Joined: 19-Jul-2006
Posts: 104
From: Australia

goin once, going twice, going three times....*thud* sold!!

who would buy it??

will new owner support amiga??????

stay tuned to find out.


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