Top > Business > 2004 > September > 2004-09-25

ILAR Systems announces Technology Driven Models!

Dr. John F. Richardson, President of ILAR Systems, Inc. of Newport Beach, California, has announced the release of his technology driven financial models that work with Microsoft`s Excel spreadsheet. These models produce all of the financial reports necessary to manage and value the business enterprise. The models forecast two years, monthly, two years, quarterly, five years, annually, and six years of history with a five-year forecast. They cover ten major industry formats and are totally flexible which makes them easy to customize and fine-tune.

With over 18,000 copies of ILAR`s models shipped in the past 20 years, ILAR has established a strong customer base that has enabled it to improve and add to the models with its annual updates, based upon continuous customer feedback and client consulting. The ten major industry formats included are: service, wholesale, retail and distribution, manufacturing, construction and contractor, healthcare for profit, healthcare not-for-profit, real estate investment, limited partnerships, government, and technology. CEOs, entrepreneurs, CFOs, controllers, consultants, business appraisers and CPA`s find the models to be quite helpful, since they no longer have to "reinvent the wheel" when doing financial modeling and forecasting. As a bonus, they get a valuation analysis of the business using different methods.

The end user can forecast the feasibility and potential success of just about any type of project, as the models forecast profitability, earnings growth rate, operating cash flow, true balance sheet cash flow, return on investment (ROI), working capital, economic value added, capitalization uses and sources of cash, DCF or discounted cash flow valuation of the business, and much more.

Some unique features of ILAR`s technology models include common shares, three classes of preferred shares, warrants and options, on a fully diluted basis. Also there is a total of 14 methods to value the business, including detailed examples with numbers in the formulas. The user manual is easy to follow with a 450-page 8 1/2" x 11" spiral bound book. The software comes on a CD, and new customers receive a two-hour audio-visual lecture presentation on business financial planning and valuation analysis with actual screen shots from the user manual.

ILAR also has a consulting service, whereby, it offers clients a turn-key system with all of their data and assumptions inputted for them and the statements customized to their exact format. As an automatic by-product, one obtains a discounted cash flow valuation of the business, as well as an EVA and IRR or internal rate of return analysis.

Pricing - CEO`s Strategic Planner sells for suggested retail of $1,500.00 and discounts to $995.00 direct from ILAR. Bottomline-V, ILAR`s traditional technology, sells for suggested retail of $695.00 and discounts to $499.00. For start-up firms, Bottomline-V has a Starter Kit for only $299.00. All packages include free phone, FAX and e-mail technical support.