TechLok: Patent-Protected Travel-Tech-Security Brand | SaaS Transformation Ready
Strategic IP acquisition with Fortune 500 validation and Gen 2 SaaS model delivering 92% margins. Ideal for buyers (Kensington, Belkin, OEMs) with distribution.

WHY THIS OPPORTUNITY EXISTS
Founded by security innovators Paul and Ryan Angott (Paul: 44 patents, 2011 MI Entrepreneur of Year), TechLok developed breakthrough products and secured IP across 13 countries but ran out of capital. Result: fully developed brand with enterprise customers, global patents, Gen 2 SaaS product ready for production. Needs only distribution to unlock value.

FLAGSHIP PRODUCTS
LapLok™ - World's Only Dual-Purpose Lock
Patent-protected device securing laptops AND bags simultaneously. Works on ANY device (no lock slot needed—addresses 75% market gap). Features: intelligent password recovery, 80-dB alarm, custom logo space.
Closed customers: Stryker, U of Michigan, Target, Staples, Best Buy Canada, Continental, Autoliv, TNT Sports.
Market: 2B laptops globally, one stolen every 53 seconds. Computer accessories growing 6.9% CAGR. Blue ocean: Travel+Tech+Security convergence.
TouchLok™ - Only TSA-Approved Biometric Lock
Licensed from BenjiLock (Shark Tank featured). Fingerprint access, holds 5 prints, water-resistant. TSA universal key compatible.

GEN 2 LAPLOK LINK - THE GAME-CHANGER
Transforms hardware into recurring SaaS revenue:
$10 mfg | $20 sale price | $3/mo subscription
$128 total revenue over 3 years per unit
92% gross margin
Bluetooth-enabled, cloud monitoring for compliance
Protects DATA, not just devices (HIPAA, SOC 2)
Target: Healthcare, finance, government, defense
Prototype complete, ready for tooling
5-Year Projections: $16.8M to $48M revenue. $88.7M cumulative pre-tax profit potential.

INTELLECTUAL PROPERTY MOAT
2 Broad Patents (13 countries): USA, China, EU, Japan, Brazil, India, Canada, UK, Russia, Turkey, Mexico, Iran, Indonesia, New Zealand. Cover dual-locking mechanism and universal attachment. Prevents competition.
4 Trademarks: LapLok™, TouchLok™, BagLok™, TechLok™. International registration. TouchLok filing in process (included).
Product Roadmap: LapLok Bio-Metric (fingerprint/app unlock), LapLok G (premium design). Both CES prototypes released. Total: 12 SKUs.

COMPLETE INFRASTRUCTURE
Contract manufacturing (Arburg, India)—scalable, no overhead
Turnkey fulfillment (Datapak Services)
E-commerce: Shopify + Amazon with active listings
Marketing: Professional packaging, B2B collateral, videos, 2025 catalog
$85K included
Licensed BenjiLock biometric technology

MASSIVE GROWTH OPPORTUNITIES
Immediate:
Scale B2B/B2G through buyer's enterprise relationships
Corporate gifting: Fortune 500 employee security programs
OEM partnerships: Bundle with Dell, Lenovo, HP as premium upgrade
Retail expansion: Best Buy US, Apple Store, airport chains

Gen 2 SaaS:
Enterprise fleet deals: 10K devices = $360K+ annual recurring revenue per client
Government contracts (compliance-mandated, stable long-term revenue)
Healthcare systems (HIPAA-driven demand)
Exponential scale with buyer's enterprise sales team

FINANCIALS
Sales: $97K (capital-constrained, minimal marketing)
Average order: $372
Avg. Product margin: 75.6%
Capital invested: $2.9M
Monthly burn: $3,500

THE OPPORTUNITY
Strategic IP acquisition, not operating business. Patent-protected products with enterprise validation and SaaS roadmap. For buyer with distribution:
-Immediate revenue (proven products, Fortune 500 logos)
-Patent moat (prevents competition)
-90%+ margin SaaS revenue path
-$88M+ 5-year profit potential
-Zero facility overhead
-Blue ocean positioning
-Gen 2 ready for capital investment

Deal: $3.5M + 8% royalty (minimum annual royalties required). Includes all IP, inventory, relationships, Gen 2 development. North America/international rights negotiable.