SMXI Company Description
Sebring Software, Inc. a Nevada Corporation ("Sebring") acquired Sumotext, Inc., a publicly traded company, in October 2010. Sebring is a software company focused on the Dental Practice Management industry ("DPM"). Driven by capital and cost-efficiency, dental services providers join DPM companies to combine acquisition and organic growth to increase profitability while instilling best practice management infrastructure. While most DPMs and dental practices use different software packages, Sebring uses software solutions to substantially reduce the cost of DPM administration.
SMXI Products and Services
Currently Sebring manages 31 Orthodontic Practices throughout Florida. Sebring manages a General Family Dentistry and 2 Cosmetic and Family Dentistry Practices in Phoenix, Arizona. Our company is committed to growth in both of these states and is actively pursuing opportunistic dental platforms throughout the United States.
Sebring has developed a robust pipeline of opportunistic acquisitions of Dental Practice Management (“DPM”) companies, including individual dental practices primarily located in Arizona and Florida. Sebring also has rights to an eCenter-icm2 software license from Engineering Consulting and Solutions, GmbH (“ECS”).
DPM companies combine acquisition and organic growth to boost revenues while instilling best practice management infrastructure to increase the dental practices’ profitability. This trend will increasingly become mainstream within 5 to 10 years according to the American Dental Association (“ADA”). Approximately 170,000 dentists operate in 130,000 dental clinics, with over 82% of dental practices consisting of 1 or 2 dentists according to ADA. Sebring has rights to a license with a German software developer to market its proprietary software solution, eCenter, in North and South America. Using the eCenter platform, Sebring has developed numerous proprietary integration adapters since 2007. Over the next year, Sebring will be rolling out a series of these software adapters focused primarily on dental healthcare. eCenter is an ideal solution for its unsurpassed scope, universal compatibility, flexible user interface, and the smooth integration and improved mobilization of software assets that it delivers. eCenter is a Rich Internet Application (“RIA”) software that offers an inexpensive and a more secure program consolidation solution. The program integrates various widely used applications such as SAP, PeopleSoft, several Oracle products, Siemens PL, and legacy software within an organization to seamlessly connect all existing programs into a single user interface, which substantially improves productivity. Using eCenter, ZF Transmissions in Germany decreased the number of data entry workers from 420 to 20.
Many of the acquired DPMs and dental practices use different software packages. Sebring plans to use eCenter with Sebring’s proprietary adapters to substantially reduce the cost of its data entry. Currently Sebring is negotiating a partnership agreement with a dental solution provider.
Our Portfolio
This is a complete listing of our current transactions.
Artistic Design Family Dentistry
Orthodontic Specialists of Florida
Image Dentistry
Absolute Aesthetic
SMXI Key Company Management
Leif Andersen (President & CEO)
Leif Andersen was appointed as a Director of the Company effective September 23, 2010. Mr. Andersen has been the President and Chief Executive Officer of the Company since October 25, 2010. Mr. Andersen has been the managing member of Sebring Software, LLC, a Florida limited liability company (which became a wholly-owned subsidiary of the Company as a result of the Exchange), since its inception in November of 2006. Sebring Software, LLC is in the business of providing software integration solutions. From 1987 to August 2006, Mr. Andersen was the President of Vermax, Inc., a Utah corporation that manufactured bathroom fixtures.
Mr. Andersen was born in Norway, raised in Brazil and has worked in a number of Western countries. Mr. Andersen studied Chemical Engineering at the Norwegian Institute of Technology from 1975-1979. Subsequently, he has led companies in the hospitality industry, building materials, management consulting, high technology and energy markets. Mr. Andersen began his business career with the Donovan Companies, St. Paul, Minnesota, USA. While at Donovan he was involved with the distribution of propane, natural gas, coal mining and other ventures. In addition Mr. Andersen was engaged in cogeneration projects and introducing new technology into natural gas air conditioning systems manufactured by Yazaki in Japan. Mr. Andersen has been the CEO of four start ups and led companies with as many as 460 employees with over $280 million in annual revenues.
Three of his four start-up ventures were successful. One of these was a sonar technology company based on a Norwegian technology. This company was later sold to Toshiba and is part of a Toshiba division today.
Mr. Andersen served as liaison for the Norwegian Olympic Committee, was appointed and served as the Salt Lake City, Utah Consul for the Kingdom of Norway from 1995 to 2004 and was made a Knight of the First Order by His Majesty King
http://sebringsoft.com/our-team/
SMXI Contact Info
Sebring Software, Inc.
1400 Cattlemen Rd.
Suite D
Sarasota, FL 34232
Website: http://www.sebringsoft.com
Phone: (941) 377-0715
Email: help@sebringsoft.com
SMXI SEC Filings
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SMXI Headlines
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