Executive Summary.
Lowry Industries has engineered a new and superior type of personal and professional use pistol that provides greater accuracy, reliability, vastly reduced kickback, and ease of use while simultaneously reducing the size of the pistol to dimensions significantly smaller and with notably less weight than any conventional pistol of comparable caliber on the market today.
The Lowry Industries Patent Pending design is the world’s first truly modular pistol. No other pistol allows the quick and inexpensive exchange of barrel, grip, and magazine combinations of the Lowry Industries pistol.
The Lowry Industries pistol will be initially available in .45 ACP with 9mm and .40 S&W pistols available within one year of initial sales.
Advantages of the Lowry Industries Pistol.
a) The Lowry Industries Pistol is the smallest, lightest, most reliable .45 ACP concealed carry pistol available. In the world of personal carry pistols, the trend over the last decade has been toward producing the smallest and lightest pistol with the largest caliber bullet. The new design presented by Lowry Industries is smaller, lighter, and has the largest caliber of any concealed carry pistol on the market.
b) The Lowry Industries Pistol will be more reliable, accurate, compact, and easier to control than any comparable pistol currently on the market, of any size.
c) This new pistol will obsolete all previous pistol designs and become the pistols of preference worldwide.
The market.
The pistol industry is currently undergoing the greatest period of expansion of the last 100 years. The demand for firearms is increasing dramatically with no end in sight.
Every market niche from the ultra compact carry to the standard size service pistol is undergoing record demand with every major gun manufacturer running at full capacity. Even so, all major manufacturers will require at least a year and possibly years to fill their existing backorders.
This great demand has resulted in record profits for the industry. While many manufacturers are privately held, we can easily determine the growth of the industry by following the Iconic Smith and Wesson.
Smith & Wesson profit doubles, beats Street view
Mon Jun 22, 2009 5:30pm EDT
(Reuters) - U.S. firearms maker Smith & Wesson Holding Corp's (SWHC.O) quarterly profit more than doubled and topped estimates, as demand for its handguns and tactical rifles remained strong.
For the fourth quarter ended April 30, the Springfield, Massachusetts-based company posted a net profit of $7.4 million, or 14 cents a share, compared with $3.3 million, or 8 cents a share, last year.
Smith & Wesson, which rivals with Ruger and Taurus for revolvers and Glock, Ruger and Springfield Armory for pistols, said its firearms backlog increased to $268 million by the end of April.
Net product sales rose 20 percent to $99.5 million.
Notice that this company alone has a backorder of over one quarter of a BILLION dollars.
The total number of pistols sold in 2007 topped 1,200,000. The average price of a pistol is over $500.00. Therefore the market for pistols in the U.S. in 2007 was $600,000,000.00.
600 million dollars.
Lowry Industries is poised, with its creative and innovative design, to significantly shake-up this entire market. What Lowry Industries had developed is a true, once-in-a-lifetime, “Disruptive Technology”. A “Disruptive Technology” is “an innovation that improves a product or service in ways that the market does not expect” … “and are particularly threatening to the leaders of an existing market, because they are defending against competition coming from an unexpected direction.”
Once in every lifetime we witness such a disruptive technology. Far less often do we have the opportunity to participate in producing this technology.