CommSOFT Ltd.
www.com-sof.com
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Offer Information
Min Max
Investment Target £245,000 £300,000
Share Price £12.00 £12.00
Shares Offered info 20,417 25,000
Percentage Offered info 16.96% 20.00%
Shares Issued info 100,000
Pre-money Valuation £1,200,000
Share Type Ordinary
Minimum Investment £36.00
Tax Relief Available EIS
Sector Internet, Apps & eCommerce
IT & Telecommunications
Technology, Hardware & Games
Location Reigate, United Kingdom
Company Number 7074237
CommSOFT Ltd.
CommSOFT has developed ground-breaking multi-language conversation-automation technology hailed as a "national first" by early-adopter users as it uses safe, certified human translations suitable for professional use.
About CommSOFT Ltd.

CommSOFT's focus is technology to assist human communication. The global market in language services is valued at around $30-34bn a year and CommSOFT's Language AssistantTM product suite addresses a section of this market. Our research indicates that the total addressable market value for Language AssistantTM is around $1095m USD (£775m).

Many organisations such as police forces, the NHS and Border Force (to name but a few UK examples) often interact with people who do not speak the "local language" (English, in the UK) but cannot use "computer translation" systems as these are notoriously inaccurate and unsuitable for 'professional' use.

CommSOFT's Language AssistantTM products provide a solution to this by allowing organisations to automate common conversations and then deliver these conversations between any languages, using real, human-done, certified translations that provide the level of accuracy and security usually only achievable using expensive interpreters, but at a fraction of the cost - typically 70% less expensively. Conversation durations are also reduced, resulting in reduced staff costs.

The team behind CommSOFT have significant experience in the technology sector - further team profile details are available in our business plan, which is available on request.

Accomplishments to date include: full development of core technology; initial marketing in one sub-sector; establishment of initial early-adopter "lighthouse" customers; recognition by customers and trade press as a "national first".

The overall business-model is to charge annual, recurring license-fees for use of the products, which may be delivered in one of many formats (an MS WindowsTM application; an AndroidTM mobile App; and a SaaS ("software-as-a-service") cloud-based service.




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Offer Information
Min Max
Investment Target £245,000 £300,000
Share Price £12.00 £12.00
Shares Offered info 20,417 25,000
Percentage Offered info 16.96% 20.00%
Shares Issued info 100,000
Pre-money Valuation £1,200,000
Share Type Ordinary
Minimum Investment £36.00
Tax Relief Available EIS
Sector Internet, Apps & eCommerce
IT & Telecommunications
Technology, Hardware & Games
Location Reigate, United Kingdom
Company Number 7074237

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