SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: B Ames who wrote (1658)4/3/1998 6:35:00 PM
From: JanyBlueEyes  Respond to of 5736
 
Dental Applications

From the Annual Report (10K) Filed on March 30,1998

...In 1990, the Company concluded a feasibility study for Dentsply, Inc.*, a dental supply company, for use of the Intellectual Properties and Colormate(TM) units in the color measurement and matching of human tooth color and tooth enamel color for dentures, bonding, inlays and caps, for use by dentists and dental laboratories.

This study concluded that the Colormate(TM) units could accurately and reproducibly measure the colors of both human teeth and tooth enamels, but needed further design research and engineering studies to develop a stabilized housing system for such a small area of measurement. The project was discontinued by both companies at that time due to an inability to agree on financial terms for the project.

The Company is in preliminary discussions with dental supply distribution companies with respect to the possible development of housing prototypes for dental applications and the marketing of such application.........

* - dentsply.com



To: B Ames who wrote (1658)4/3/1998 6:37:00 PM
From: JanyBlueEyes  Respond to of 5736
 
Industrial Applications

From the Annual Report (10K) Filed on March 30,1998

The Company believes that the Intellectual Properties and Colormate(TM) System may have commercial applications in industrial color measurement applications, in order to achieve and confirm uniformity of color shades within a given product line or between two products of the same line (i.e., paint, textile and food products).

To that end, the Company intends to increase its efforts to lease the Colormate(TM) System and/or license the Intellectual Properties, including the Company's Chromaticity Study capabilities, to industrial companies such as paint, textile and food companies, that use or could use existing color measurement technologies in the manufacturing and marketing of their own products.

Many companies in these industries currently use color measurement instruments to ensure uniformity of product line colors (e.g., that manufacturing facilities are producing different dye lots and/or goods of the same color). These instruments are generally available at prices well in excess of the price at which the Company would market the Colormate(TM) System for such application, because the Company has been able to mass manufacture its color measurement technology, thereby taking advantage of the economies of scale.

In addition, the Colormate(TM) System provides machine-to-machine stability and reproducibility (i.e., that each machine will achieve results consistent with that of other machines), whereas the competing color measurement instruments available today generally cannot produce such consistent machine-to-machine results without complex inter-machine calibration adjustments......



To: B Ames who wrote (1658)4/3/1998 6:42:00 PM
From: JanyBlueEyes  Read Replies (2) | Respond to of 5736
 
Beauty-Aid Products

From the Annual Report (10K) Filed on March 30,1998

The Company has also developed its own line of scientifically color coordinated proprietary cosmetics ("My Colors by Chromatics(TM)") and scientifically color coordinated proprietary color charts and material swatchpacks for use in the cosmetics, beauty, dental and fashion industries. The Company's Colormate(TM) System products, cosmetic line and material swatchpacks are referred to herein, collectively, as the "Beauty-Aid Products."

....Although the Company from time to time has been engaged in preliminary discussions (including limited consumer testing and Chromaticity Study activities) for use of its technologies in the cosmetics and beauty aid fields, until the Company completes successful marketing and distribution of its Colormate(TM) Bilirubin Device, the Company does not expect to engage in significant additional efforts in the cosmetic and beauty aid industry and has temporarily reduced active marketing of its cosmetics products.

.....The Company also entered into leases and licensing agreements with respect to its Colormate(TM) System with Gordon Laboratories Inc. ("Gordon Laboratories")* and IMS Cosmetics, Inc. ("IMS"), as well as with various beauty-related businesses and beauty salons. In this regard, the Company recently completed its line of custom blended foundations for Gordon Laboratories, and has completed with IMS its new line of foundations, lipsticks and blushes.

....The Company previously marketed its cosmetics, My Colors by Chromatics(R), through the use of the Colormate(TM) units. The previous cosmetics line included underbase makeup, eyeshadow, blushers, eyeliner pencils, lipliner pencils, lipstick and nail polish, and was manufactured to the Company's color specifications by private label manufacturers, including IMS. The Company is not currently actively marketing this line, and renewed cosmetics marketing efforts will be based on a new line as discussed below.

....The Company has developed in conjunction with IMS, a completely new line of cosmetic products featuring new formulas and updated packaging, but which will continue to track the Company's existing scientifically determined classifications and product shades. The Company anticipates marketing the new line in the second quarter of 1998.

The Company believes the new cosmetics line will be comparable in quality and performance to cosmetics sold in leading department stores, but generally will be priced lower than the cosmetics sold at the prestige end of the market.

In addition, in conjunction with the Gordon Laboratories contract, the Company has completed a new product line consisting of custom blended foundations, which will be color compatible with the Company's new cosmetics line.

The Colormate(TM) System makes use of only skin coloration in assigning each complexion to one of approximately 200 measurable skin color categories. Each category is then assigned to one of four broader product color categories.

The Company's cosmetics are divided into these same four color classifications, and the product shades in each have been scientifically measured and balanced chromatically to be compatible with the approximately 200 skin colorations within the four broad classifications. The product shades recommended by the Colormate(TM) System are individually prescribed for color coordination with each of the approximately 200 skin color categories.

The Company's cosmetics line is scientifically formulated and balanced to provide color coordinated products for the skin color of all races. Each product shade also has been measured and cross-balanced to be compatible with all other shades in each of the four broad classifications, so that the colors blend together, and color coordinate with each other after they are applied.

Other than the units provided to IMS and Gordon Laboratories, the Company has leased or intends to lease the Colormate(TM) units for cosmetic use to beauty salons, beauty-related businesses, direct sales representatives and distributors and specialty stores

(i) at a monthly rental fee ranging from $165 to $250 (depending on the length of the lease terms), if rented on a full-time basis, and at a proportionately higher rate if the machine is leased for shorter periods, or

(ii) on a minimum monthly guarantee cosmetic product purchase basis.

The Company sells its Beauty-Aid Products for resale to the public to persons leasing the Colormate(TM) units and licensing the Intellectual Properties. The Company intends to sell "tester" sets of its new cosmetics line, in connection with the placement of the Colormate(TM) units, in order to stimulate cosmetic sales.

The Company's marketing plan currently anticipates that the skin color analysis capability of the Colormate(TM) units will be marketed in conjunction with the Beauty-Aid Products at a variety of price points--i.e., the color analysis alone will be priced at $25 and the analysis will be done on a complimentary basis for a customer who purchases Beauty-Aid Products for at least $25.

* - techstocks.com - Gordon Laboratory News 12-16-96

* - gordonlabs.com