LifePics, Inc., a Colorado based online imaging company, announced today that it has secured its first round of private equity financing from key investors. These funds will enable LifePics to launch its highly anticipated proprietary patent pending one-hour fulfillment and distribution printing technology, the first in the United States.
LifePics is a technology integration company focusing on online storage and distribution of images to specialty camera and photofinishing retailers.
"We anticipate rapid deployment of our technology to the network of dealers that will benefit from our technology," said Vahe Christianian, CEO of LifePics. "With LifePics technology and support, our network of retail partners will have a powerful alternative to the direct online imaging competition, while maintaining full ownership of their established customer base."
LifePics offers its dealer network multiple revenue generating options, including annual membership fees, reprints, enlargements and novelty items, and banner advertising. Additionally, LifePics provides its dealers customized web storefronts that allow them to maintain complete independence and control of their online services and pricing. The LifePics architecture presents a turnkey solution to dealers that works on a variety of digital-enabled processing hardware platforms.
The mission of LifePics is to become the leading provider of Internet digital photography infrastructure, e-commerce technology and intellectual property based on the company's proprietary LifePics architecture for online image storage, retrieval and fulfillment to retail partners in the imaging field. The company's business areas include integrated digital photography and web based applications and e-commerce software, as well as licensing of the LifePics architecture to its network of dealers. Headquartered in Boulder, Colorado, LifePics is a privately held Delaware corporation. LifePics was founded in April 2000 by leading imaging industry visionaries. For additional information regarding LifePics, please visit our web site at www.LifePics.com.
