INTERNATIONAL, INC. The payment to Court for this sublicense is 2% of the sales, expiring when sales of $100 million have been attained. In addition, the corporation has assumed the obligation for the royalty payment to Smith. All patent documentation, license agreements and contracts are available to the potential investor or his agent upon request. D. Corporation Management     The founders of DAY INTERNATIONAL, INC. are: Phillip V. Court and Frederick R. Jones, Jr. The directors, officers and key employees of this corporation are as follows: 1.Frederick R. Jones, Jr., President, Treasurer and Director;     2.Phillip V. Court, Vice-President, Secretary and Director;     3.Edmund R. Jones, Project Manager and Accounts Payable Manager.     Frederick R. Jones, Jr., age 52, has over 25 years of experience as an engineer, project engineer, program manager, proposal manager, marketing specialist, department head, program director, marketing manager, etc. His specialty has been in automatic control systems and advanced display systems for manned aerospace vehicles. Mr. Jones prior associations have been with Butterworth Aircraft (1954-1969), Vokar Electronics (1969-1979) and National Computer (1979 to date).     Phillip V. Court, age 46, has over 19 years of experience as an analog design engineer and manager. He is presently Engineering Manager of Data Conservation Products at a major corporation headquartered in Santa Clara, California. Prior to this, he was the first vice-president of engineering of Ultradesign, a $200M sales semi-custom integrated circuit house. Mr. Court has authored numerous applications and brochures and several articles for a national electronics publication, and holds three U.S. patents.     Edmund R. Jones, age 23, holds a Bachelor of Science degree in marketing from the University of California, Irvine. He has gained valuable work and customer interface experience at such companies as Reliable Insurance, VSV Associates and West Coast Semiconductor. In addition to his varied work experience, he has demonstrated community service and leadership capabilities, most significant of which are his leadership of a troop of explorer scouts and his membership in several regional opera societies. Edmund R. Jones is the son of Frederick R. Jones, Jr. E. Product Description     The corporation plans to manufacture two products, both based on the Smith Patent. One of these is the Kinet-O-Scroll, which is designed for commercial applications. The other is the Kinet-O- Scope, which is designed for home recreational use. They are more fully described as follows:     The Kinet-O-Scroll: This consists of a scrolling "Times Square"-type message sign. Using its patented technology, DAY INTERNATIONAL, INC. can produce a moving sign that is more versatile, attractive and economical than existing units. Basically, the Kinet-O-Scroll displays alphanumeric, graphic and animated characters in full color. While the sign can be manufactured in numerous sizes, we plan to start with a unit with a screen measuring three feet vertically and four feet horizontally. All sorts of businesses, including restaurants, bars, banks, stores, real estate offices, airline terminals, bus stations, etc., can use the Kinet-O-Scroll sign to inform customers of special events or offers at a comparatively low cost. The cost of the unit may further be reduced by