OsiruSoft, after carefully analyzing a project, establishes an agreement with a client, or collection of clients to design and build a prototype product.Essentially, the agreements between financers and our company are intended to instill a good faith effort to develop partnerships with other industries with fairness to all parties being the first priority, while maintaining enough control over the products to ensure that product quality never suffers.
Financial compensation for development of systems is paid both during the development of the product and after the first product is produced. The first type of compensation is called the Refundable Research and Engineering Fee. This fee is later refunded to the financers in specified increments based on future sales. This Fee basically covers the cost of the hardware design and software development of the product as well as patents, where applicable. The general rate of return on this investment is 10% per sale.
The second type of compensation is the production fee. This fee is for development of the first prototype unit, and sold to the customer for a fair market value.
OsiruSoft maintains all ownership of all designs source codes and patent rights (where applicable), but offers attractive and irrevocable commissions to its clients, which include commissions of 10% of any sale of future products. Additionally, one division of OsiruSoft, the assembly division, is expected to go public in the coming year, which will give OsiruSoft the financial backing to set new standards and bring production of various types of industries to all new levels of quantity and quality.
OsiruSoft Research & Engineering
233 N. Burt Street
Van Wert, OH 45891
Voice: 567-259-3038 877-7ORETEK
Fax: 567-259-3054 Mobile: (937)210-2344