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Solei Systems, Inc. (SOLI/SOLI.PK) Wrap Up:

Solei Systems, Inc., a fitness technology company, provides solutions for fitness clubs. The company offers workout planning and tracking system, which tracks, records, and translates workout results for member and fitness club challenges. Solei Systems, Inc. is based in Santa Cruz, California with additional offices in California, New York, and Toronto.
www.solei-systems.com
Founded in 2004

Solei Systems, Inc. (SOLI:OTC)

Market Cap
10.0K
Total Revenue
830.4K
EBITDA
374.2K
DILUTED EPS TTM
--
P/E
--
P/S
--
Return On Asset
--
Return On Equity
--
K = Thousands  M = Millions  B = Billions

SOLI Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for Solei Systems, Inc. (SOLI)

Solei Systems Announces Preliminary FDA Compliance of its Patent Pending Light Therapy System

Solei Systems Inc. announced that its patent pending liquid cooled LED phototherapy machine has met the preliminary FDA requirements. The Company has entered into an agreement with an FDA approved independent consulting and testing laboratory to conduct the remaining tests in order to obtain final 510(k) FDA Clearance, UL approval, CSA C22.2 #601.1, IEC 60601-1, IEC 60601-1-2, CENELEC EN 60601-1, and the CE mark. The compliance with international regulations should further increase foreign exports. The Company's patent pending liquid cooling technology allows for much greater output levels than previous existing technology, resulting in more dramatic results in less time.

Solei Systems Inc. Announces Exclusive Distributorship for Spray Booth Tanning Solutions From Aviva Labs, Inc

Solei Systems Inc. announced that it has entered into an agreement to become the exclusive U.S. distributor for Aviva Labs Inc. Under the year-long agreement the Company will be the sole distributor for all Aviva Labs' Spray Booth Solutions in the U.S. Under the agreement, Aviva Labs will send the Company all sales leads received for these products and will link Aviva labs' web site, www.avivalabs.com, directly to Solei Systems' site, www.soleisystems.com. The Company also will receive full marketing support by Aviva Labs including all brand and product marketing collaterals. Important, on a revenue basis, Solei Systems will receive full credit for all incoming orders received directly by Aviva Labs for the term of the agreement.

Solei Systems Inc. Announces Multinational Distribution Agreement and Initial Distributor Order with a United Kingdom-Based Distributor

Solei Systems Inc. announced that it had recently signed an agreement with a United Kingdom-based distributor that will provide for the sales of its products across all European countries, as well as Australia and other international markets. Under terms of the distribution agreement, the Company received initial purchase orders exceeding $400,000 for product to be shipped promptly. Other conditions of the agreement call for continuous monthly purchase orders of at least $100,000 per month. Products covered under the distribution agreement include the Company's LED therapy products, and its poolside coin operated SPF 30 spray booth-the only one of its kind in the world.

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SOLI Competitors

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Industry Analysis

Valuation SOLI Industry Range
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Price/Cash Flow 0.0x
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SOLI

SOLI transactions

Type
Date
Target
No transactions in the last 6 months.

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