Licensing

PIT has a simple 5 step licensing process:

MOU

Memo Of Understanding
  • A simple non-binding memo or email is issued from the potential client wishing to investigate the opportunity.
  • Non-Disclosure Agreement (NDA) is signed.
  • Information is shared to help evaluate the opportunity.

 Facility Visit

 

  • An opportunity to review PIT’s e2R² solution™ live and on site.

LOI

Letter Of Intent
  • After the visit a binding LOI is negotiated that outlines the broad strokes of the agreement.

PA

Purchase Agreement
  • A detailed purchase agreement is documented.

NTP

Notice To Proceed
  • PIT can proceed to construct the solution agreed to in the PA.
  • Engineering firm used for equipment construction and on-site civil engineering.
  • Implemented within 10-12 months.

After Market Support

  • Warranty: Technical support, Training and IT upgrades supplied for 1 year.
  • Post-warranty upgrades available.