The local version of the company (bricks and mortar) has been doing business for a year, and has processed 75,000 "assets" (rolls of film and tape) during that year, mostly from people either in Arizona or visiting. The company has established a "manufacturing" process for digitizing the old films and videos affordably. Now they're about a month from launching their global online business.
We had a wonderful discussion of how social media is used to enhance people's memories and emotions, and how it will be used at iMemories by completely non-technical people who wish to do nothing but watch their old home movies with their families.
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