R&D: FITERAD
The RAIN System is "patent pending" and assigned to FITERAD. FITERAD's total purpose is to collect
the Intellectual Property (IP) needed to create and operate RAIN Systems. This effort is expected to
involve the U.S. Government as the funding source exclusively. Because of this strong tie to the
Government, FITERAD has been formed separately for this purpose and has the "culture" of a
government contractor.
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Production/Distribution: FITECO
The manufacturing and international marketing, distribution and maintenance of RAIN Systems will be
a very different kind of business than FITERAD's R&D activities. Therefore, a separate corporation
with a culture tailored to this function has been formed.
FITERAD licenses its IP exclusively to FITECO. FITECO may cover some of FITERAD's expenses.
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Operations
In some cases, when a nation does not have ample facilities to support operations, FITECO may form
a separate company there for that purpose. Ownership and ongoing operational authorities can
take many forms, private and public. Each will have to be dealt with depending on circumstances.
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