Focus:
We look for first or second round equity investment opportunities. Also, we look for companies that offer a significant technological and competitive advantage, a strong, motivated founding team, a clear business model and properly defined target market with high growth potential. We will consider "unusual" opportunities falling outside our normal focus of interest where we feel our knowledge and expertise can be beneficial in achieving a significant return on investment.

A company has a good chance of receiving funding from MTP if it meets a significant number of the following criteria:

Large potential market size

Clear product positioning and differentiation

Unique competitive position

Evidence of broad-based customer acceptance of existing product lines

Diverse base of customers without significant customer concentration

Demonstrated (or immediate expectation of) profitability

A history of paying customers

Evidence of historical growth

Highly motivated entrepreneurs with detailed knowledge of their customers and    competition

MTP also looks favorably at the following situations, in which companies may be constrained from maximizing their values:

Companies that have never taken institutional money before and are currently looking for growth capital

Companies with positive operating results but whose initial backers lack the necessary funds to continue to support their growth

Spinouts from larger corporations in which business unit is of high quality but has not previously received sufficient attention or resources

High-quality business units that can be removed from financially troubled parent    (e.g., publicly-traded parent company with low market multiple)

Investment Horizon:
MTP looks to invest in a company for a period of up to 5 to 7 years. Depending on the company and its growth trajectory, we expect to see returns on our investment via a combination of cash dividends along the way and eventual sale at the end of the period.

Management:
MTP prefers companies with strong in-place management teams that are motivated by substantial equity stakes to create shareholder value. We seek talented and motivated entrepreneurs with a well-defined business model, knowledge of their customer base and competition, and the foundation to succeed. MTP looks favorably at enterprises with experienced management teams and stable employee relations that have achieved consistent progress since their founding. We also look for management with a proven track record of integrity, commitment, experience, and dedication to growth. Management teams must be able to demonstrate previous ability to manage an organization of comparable scale and complexity as the proposed investment.

Ownership:
MTP requires a minimum 25% equity share, often with the potential to acquire a controlling interest. Our level of involvement is flexible, though we require at least one seat on the board of directors.

Geography:
We look at opportunities both in the US and worldwide, though we favor opportunities for which the US is a major market. We currently invest in companies in the US, Israel, Argentina, Holland, and Sweden.

Industry Preferences:
The focus of our investment is in the following industries/sectors (though we will consider others):

Communications

Enterprise software

Storage and semiconductors

Business services

Outsourced business services/business process outsourcing

Specialty manufacturing

Traditional old economy companies

Technology

Select manufacturing businesses

Industries/sectors that MTP has already funded:

Technology and software

Computer technology and accessories

Software management

Proprietary distribution

Real estate

Oil and gas

Low to medium technology manufacturing

Instrumentation

Telecommunications

Exclusions:
We will not provide financing to seed-stage start-ups, defense and government contractors, or to companies in commodities, mining, retail or restaurants. We do not invest in businesses that are profitable but lack potential for earnings growth or an appropriate exit strategy.