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Company Overview. April 2003. Advanced Wireless Automation (“AWA”) was founded in February 2002 to develop and market a break-through technology for use in a $1 billion market for remote security and intelligence gathering applications. - PowerPoint PPT Presentation
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Wireless Technology Solutions
Company OverviewApril 2003
Wireless Technology Solutions
Advanced Wireless Automation (“AWA”) was founded
in February 2002 to develop and market a break-
through technology for use in a $1 billion market for
remote security and intelligence gathering applications.
Our unique technology includes wireless data
transmission combined with an ultra low power platform
that covertly captures data based on local stimulus.
Wireless Technology Solutions
Team
• Steve Cannellos – CEO and PresidentOver 20 years experience as Chairman of Board, Sr. Vice President and General Manager, of technology companies focused in Security, Optics, Networking and Telecommunication with Tyco, Sensormatic, General Electric, General Scanning and Apollo Computer. BSME and MBA from Clarkson University.
• Andy Lowen – VP, MarketingOver 20 years in General management, Product Management and Marketing in Security and Optical industries with Tyco, Sensormatic and General Scanning. BS from Brown University, MBA from Columbia.
• Jason Riffel – Senior Engineering Architect
Over 15 years of embedded hardware and software designMicrosoft, Bsquare, BroadIP Networks, Cadre Engineering
• Daniel C. Roy - VP Bus Dev, Co-founderExperience in operations, strategic analysis and development VP Finance / Operations Amaroq Inc, Manager – Accenture, MBA – University of Chicago, BS Northeastern
• Peter Faubert – VP FinanceExperience in financial reporting, venture financing, M&A VP Finance–Burntsand, Finance Mgr-SupplierMarket, PWCCPA, BS Northeastern
• Gregory Perry – Network Engineer, Co-founderExtensive experience in network, security and hardware engineeringFounder BroadIP, NETSEC Consulting projects for FBI, FCC, Naval Research Labs
• Mike Lyons – Director of Sales, Co-founder
15+ years experience in technology sales and business development Co-founder AMNET, Schlumberger IndustriesBS Northeastern
Wireless Technology Solutions
ProblemsExisting Suppliers Customer Applications
• Oil Well Monitoring
• Nuclear Power Plants – Extended Perimeter
• Railroad Monitoring
• Perimeter Security
• Protection of Military installations / bases
• Monitoring Enemy Troop Activities
• Protection of National Borders and Ports
• Aiding State and Local Law Enforcement
• Lockheed Martin
• Raytheon
• ITT Industries
• Textron
• Northrop Grumman
• GE Interlogix
• Tyco International (ADT Division)
• Magal Security Systems
• Axis AB
Existing suppliers have not solved the problem of providing a cost effective solution for motion
activated remote video surveillance technology, as a result, valuable assets, natural resources and
human lives are exposed.
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Target Applications
• Protection of Military Installations / Bases
• Monitoring Enemy Troop Activities
• Protection of National Borders and Ports
• Aiding State and Local Law Enforcement
Military / Government Commercial / Industrial
• Oil Well Monitoring
• Nuclear Power Plants
• Railroad Monitoring
• Perimeter Security
AWA’s technology is ideally suited for situations where there exist a need and desire to capture
information critical to the protection of people and other valuable assets that are located in such
a way that access to wired communications and grid power are severally constrained.
Wireless Technology Solutions
Market Penetration
Military / GovernmentNuclear/Conventional Power Plants
Border PatrolPort / Coastline Security
Railroad MonitoringRemote Assets
Perimeter SecurityRemote Land Management
Overall Market Projected Sales
Over 500K Units$2.5 Billion
2003 $300K2004 $5.0M2005 $12.0M2006 $25.0M
Realizable Market $600MCumulative Sales (2006) $42M
Market Penetration 7%
Wireless Technology Solutions
Market Penetration - Successes to Date
Our version 1.0 units are installed at the following customer sites:
Department of Threat Reduction (Department of Defense) Lockheed Martin Pilgrim Nuclear Power Plant (Entergy) Bureau of Land Management M2M Data
Since inception in February 2002, AWA has engaged one of the largest integrators in the industry
as a lead customer (Lockheed Martin), has worked closely with Lockheed Martin and its
customers to develop version 1.0 functionality, and has built and shipped version 1.0 product for
deployment after a nine month development cycle.
Wireless Technology Solutions
Target Customers
Protection of military installations, monitoring enemy troop activities and national security
• Department of Defense *• Department of Homeland Security *• Department of Justice (CIA *, FBI *)• Lockheed Martin *• Raytheon• Textron
Protection of National Borders and Ports• Coast Guard *• INS *
Aiding State and Local Law Enforcement• Homeland Security Committees in NJ and MA• State Police in NJ and MA• Puerto Rico Conservation Trust
Military / Government Commercial / Industrial Oil Well Monitoring
• Bureau of Land Management *• BP *
Nuclear Power Plants• Entergy• Dominion *
Railroad Monitoring• Union Pacific• Burlington Northern• CSX Corporation• Norfolk Southern
Perimeter Security• Tyco (ADT Division)• Industry Distributors• System Integrators
Our lead customer Lockheed Martin has active customers representing over 60% of our target
market for remote surveillance applications and has introduced.
* Technology introduced to customer by Lockheed Martin
Wireless Technology Solutions
Sales and Marketing Strategy
• Expand Penetration by leveraging relationships with Integrator partners
• Leverage Existing Contacts in Government Related Integrators
• Leverage Commercial Security contacts
• Establish Integration partnerships with Leading Access Control and Video Companies.
• Leverage Relationships in the security Distribution Channels
Military / Government Segment Commercial / Industrial Segment
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Technology Overview
MainProcessing
Board
DigitalSignal
Processor
DigitalImager
WirelessModem
GPS Temp Other
Sensor ArrayPower Supply – Lithium Cells
Wireless Sensor Platform
)))
Customer Network Operation Center
(Data storage and access point)
• Ultra-Low Powered Design and Integration
• Expandable sensor ports (wind, biological agents, thermal imaging, etc)
• Standard or covert packaging
• Proprietary Wavelet Image Compression Software
• Highly Secure Encrypted Data Exchange
• Web-based Access (from PC, PDA, or other handheld device)
• Email / Pager Alerts
• Ability to Integrate Pattern/Behavior Recognition.
SupervisoryProcessor
MotionSensor
Wireless Technology Solutions
Product RoadmapCurrent Product 2-4 Months 9 Months
Version 1A Version 1B Version 2Product Features:
Event-Based Response Monitoring X X X Passive IR Motion Detection X X X
Enhanced Motion Detection Capability (eg. Laser) - X X GPS Heading and Location X X X Temperature / Humidity X X X Pattern Recognition Detection - - X Chemical / Bio-detection - - X
Wireless Transmission:
Local pt-pt wireless (900 MHZ) X X X Cellular transmission - X X Satellite / Alternative Transmission - - X
3DES and Certificate-Based Encryption X X X
Imaging Capabilities:
Day X X X Dusk X X X Night - X X
640 x 480 Resolution X X X1280 x 1024 Resolution - - X
Other:
Enhanced Power Management Design - - X Proprietary server / receiver (Backend) - X X
Covert Packaging X X XDesigned for Manufacturability - - X
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Competitive Technology Advantage
AWA Key Points of Differentiation…
• Ultra Low Power – Proprietary System power management architecture.
• Wireless – Proprietary power management design and compression technology.
• Security – Military grade encryption (3DES / AES link-layer and DH DSA public key certificates)
• High-Resolution – 1280 x 1024 resolution capabilities (forensic quality images from remote locations)
• Cost-effective – Designed for rapid deployment in remote settings without addition of costly infrastructure.
First Mover in an emerging market for remote security and
intelligence gathering
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Competitive Landscape
Imaging Security
Technology
Customer Segment
DedicatedSatellite
OtherWireless
CCTV
Residential Commercial /Industrial Government / Military
GE InterlogixTyco
HoneywellMagal Security Systems
CompuDyne (Quanta)Napco PelcoPhilips
AWA
Hughes
X10
Ultrak
Spy Gate
NRO
Primary Competitors
Eagle Broadband
Axis
Wireless Technology Solutions
Competitive Analysis
Magal Security $43M Traditional Powered CCTV/LAN transmission
Eagle Broadband $25 M Telecom Co-Announced a similar product –
Axis AB $78M IP CCTV with 802.11 wireless capability
Premier Wireless Private Wireless transmission for Full Motion Video
GE/Interlogix $900M Acquisitions focused in General Security
Honeywell $1.5B Focused in General Security Market
Tyco $2.0B General unfocused Security Products
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Organizational Structure
CEO / PresidentS. Cannellos
VP FinanceP. Faubert
VP EngineeringTBD
VP Bus Dev.D. Roy
VP MarketingA. Lowen
Sales DirectorM. Lyons
Eng. ArchitectJ. Riffel
3 Software Eng.TBD
3 Hardware Eng.TBD
2 Network / Systems Eng.G. Perry / TBD
2 Production Eng.TBD
Project ManagerTBD
VP SalesTBD
Key Short-Term Hires
Wireless Technology Solutions
Team
• Steve Cannellos – CEO and PresidentOver 20 years experience as Chairman of Board, Sr. Vice President and General Manager, of technology companies focused in Security, Optics, Networking and Telecommunication with Tyco, Sensormatic, General Electric, General Scanning and Apollo Computer. BSME and MBA from Clarkson University.
• Andy Lowen – VP, MarketingOver 20 years in General management, Product Management and Marketing in Security and Optical industries with Tyco, Sensormatic and General Scanning. BS from Brown University, MBA from Columbia.
• Jason Riffel – Senior Engineering Architect
Over 15 years of embedded hardware and software designMicrosoft, Bsquare, BroadIP Networks, Cadre Engineering
• Daniel C. Roy - VP Bus Dev, Co-founderExperience in operations, strategic analysis and development VP Finance / Operations Amaroq Inc, Manager – Accenture, MBA – University of Chicago, BS Northeastern
•Peter Faubert – VP FinanceExperience in financial reporting, venture financing, M&A VP Finance–Burntsand, Finance Mgr-SupplierMarket, PWCCPA, BS Northeastern
• Gregory Perry – Network Engineer, Co-founderExtensive experience in network, security and hardware engineeringFounder BroadIP, NETSEC Consulting projects for FBI, FCC, Naval Research Labs
• Mike Lyons – Director of Sales, Co-founder
15+ years experience in technology sales and business development Co-founder AMNET, Schlumberger IndustriesBS Northeastern
Wireless Technology Solutions
Financial Projections
• Cash flow positive: Q1 2005• Liquidity Event (strategic sale): 2006
2003E 2004E 2005E 2006ERevenue 300,000$ 5,040,000$ 12,000,000$ 25,000,000$
Cost of Goods Sold 200,580 67% 3,048,080 60% 5,542,500 46% 9,982,143 40%
Gross Profit 99,420 33% 1,991,920 40% 6,457,500 54% 15,017,857 60%
Operating Costs:Research & Development 699,117 233% 1,431,425 28% 2,349,066 20% 3,548,059 14%
Sales & Marketing 307,688 103% 912,300 18% 1,993,975 17% 4,089,074 16%
General and Administrative 725,871 242% 965,150 19% 1,350,518 11% 1,908,263 8%
Total Operating Costs 1,732,675 578% 3,308,875 66% 5,693,559 47% 9,545,396 38%
EBITDA (1,633,255) -544% (1,316,955) -26% 763,941 6% 5,472,460 22%
Depreciation 12,667 4% 35,762 1% 74,405 1% 128,643 1%
EBIT (1,645,922) -549% (1,352,717) -27% 689,536 6% 5,343,818 21%
Interest 30,000 10% 45,000 1% 70,000 1% 75,000 0%
Taxes - - 275,814 2,137,527 9%Net Operating Profit After Tax (1,615,922)$ -539% (1,307,717)$ -26% 483,722$ 4% 3,281,291$ 13%
Wireless Technology Solutions
Cash Sources and Uses
• Funding Requested: $3.5 Million• Additional Funding Required: $4M in Q3 2004
2003 2004 14 MonthsQ2 Q3 Q4 Q1 Q2 Q3 Q4 6/30/2004
Sources of CashEstimated Collections -$ -$ 16,570$ 33,140$ 49,710$ 213,420$ 284,560$ 99,420$
Uses of CashPayroll Research & Development 93,917 218,500 287,500 322,000 347,875 347,875 347,875 1,269,792 Sales & Marketing 46,958 98,229 112,125 112,125 112,125 146,625 146,625 481,563 General & Administration 86,250 136,083 139,438 139,438 139,438 139,438 139,438 640,646 Operating Expenses 109,700 186,050 205,550 178,050 153,550 156,050 153,550 832,900 Capital Expenditures 28,000 33,000 15,000 21,000 15,000 15,000 15,000 112,000
Total Uses of Cash 364,825 671,863 759,613 772,613 767,988 804,988 802,488 3,336,900
Funding Required (364,825)$ (671,863)$ (743,043)$ (739,473)$ (718,278)$ (591,568)$ (517,928)$ (3,237,480)$
Headcount (end of period) / Staffing Plan Research & Development 6 9 11 13 13 13 13 13 Sales & Marketing 2 3 3 3 3 4 4 3 General & Administration 3 4 4 4 4 4 4 4 Total 11 16 18 20 20 21 21 20
Wireless Technology Solutions
Corporate Development Objectives
Based on our funding requirements of $3.5 million, AWA has established the following target
milestones:
Complete Management Team
Product Development: Release V1.2 by Q3-03 Release V2.0 by Q1-04
Build Business Development and Integration Partners
Achieve $ M Revenue Run Rate by Q3-2004
Wireless Technology Solutions
Technology Unique wireless imaging and sensor technology, positioned as a first-mover in an existing market for cost-effective, remote monitoring systems utilizing ultra low power architecture.
Market Size $600M - $1.2 B
Team Technical expertise in embedded system design, low-powered and wireless technology applications. Broad financial, strategic and operational experience in startup, growth-stage, and mature companies. Experienced team of advisors.
Funding Seeking $3.5 million to fund operations through Q3 2004
Summary
Wireless Technology Solutions
APPENDIX
NEED TO REVISIT SLIDES TO BE LEFT IN THE APPENDIX
Wireless Technology Solutions
Appendix A – Market SummaryApplications 2003 2004 2005 2006
Units Revenue Units Revenue Units Revenue Units Revenue Units $
Military / GovernmentBase, Camp Security - -$ 25 225,000$ 100 800,000$ 270 1,890,000$ 10,000 50,000,000$ Battlefield Intelligence 5 50,000$ 50 450,000$ 200 1,600,000$ 380 2,660,000$ 10,000 50,000,000$ General Intelligence 5 50,000$ 100 900,000$ 300 2,400,000$ 550 3,850,000$ 10,000 50,000,000$
High Risk LocationsNuclear Powerplants 5 50,000$ 75 675,000$ 100 800,000$ 175 1,225,000$ 1,030 5,150,000$ Airports - -$ - -$ 10 80,000$ 50 350,000$ 1,000 5,000,000$
Border Patrol - -$ 50 450,000$ 100 800,000$ 200 1,400,000$ 3,757 18,785,000$ Port / Coastline Security 5 50,000$ 50 450,000$ 100 800,000$ 200 1,400,000$ 3,360 16,800,000$ Railroad Monitoring 5 50,000$ 60 540,000$ 130 1,040,000$ 400 2,800,000$ 71,531 357,652,500$ Remote Assets
Oil Wells 5 50,000$ 80 720,000$ 150 1,200,000$ 600 4,200,000$ 286,500 1,432,500,000$ Oil / Gas Pipelines - -$ 20 180,000$ 50 400,000$ 150 1,050,000$ 100,000 500,000,000$ Natural Resource Mines - -$ 5 45,000$ 50 400,000$ 150 1,050,000$ 2,500 12,500,000$
Perimeter SecurityCommercial Buildings - -$ 10 90,000$ 50 400,000$ 150 1,050,000$ 2,500 12,500,000$ Construction Sites - -$ 10 90,000$ 50 400,000$ 100 700,000$ 1,500 7,500,000$ Water Dams - -$ 5 45,000$ 25 200,000$ 50 350,000$ 600 3,000,000$ State / Federal Prisons - -$ 5 45,000$ 25 200,000$ 25 175,000$ 350 1,750,000$ Public Parks - -$ 5 45,000$ 20 160,000$ 25 175,000$ 350 1,750,000$ College Campuses - -$ - -$ 5 40,000$ 21 150,000$ 350 1,750,000$
Remote Land ManagementMining - -$ - -$ 10 80,000$ 25 175,000$ 350 1,750,000$ Reservoirs - -$ 10 90,000$ 25 200,000$ 50 350,000$ 500 2,500,000$
Total 30 300,000$ 560 5,040,000$ 1,500 12,000,000$ 3,571 25,000,000$ 506,178 2,530,887,500$
Per Unit Pricing Year Price2003 10,000$ Realizable Market 25%2004 9,000$ 2005 8,000$ Cumulative Market Penetration (2006) 7% 126,544 632,721,875$ 2006 7,000$
Overall Market Potential
Wireless Technology Solutions
Appendix C - Technology Block Diagram
PIR-A
GPS PIR-B
Heading Tamper Detect
GPS Manager 900 MHzSupervisor
(Driver)
SBC CPLD Imager
Light Sensor
DSP [TI] Memory
Temp.
Humidity
GPS Cableless // Image Capturing // Wireless Transmitting // Event Monitoring Unit
Heading
900 MHz Receiver
Decompresses Images Passes Images to Front-End Supports up to 255 Units (bandwidth dependent) Handles parsing of security certificates
Motion Sensors
Radio Module
Image Presenterand
Database Manager
Radio Module Always Powered
Linux OS
Radio Power
Imager Power
SBC Power
Ethernet cross-over
Wireless Technology Solutions
Appendix E Product
Definition Matrix
Green Green Green Green Green Yellow Yellow Yellow Yellow Yellow Red
FEATURE VS. MARKET -- April 13, 20031st pass by Andy Lowen
GREEN: > 2 "H"s (1st category analysis)Markets for initial focus
YELLOW: 1 to 2 "H"s (1st category analysis)Markets for more investigation
RED: No "H"s (1st category analysis)Markets that don't make the initial analysis
Rem
ote
Land
Man
agem
ent
(e.g
. Oil
Pipe
lines
, Res
ervo
irs)
Mar
ine
- Har
bors
(e.g
. Sea
port
s, D
ocks
)
Diff
icul
t fen
ced
site
s (e
.g. N
ucle
ar P
ower
pla
nts,
air
port
s)
Bor
der
Cro
ssin
gs
Mili
tary
- C
amp,
sta
ging
, and
Bat
tlefie
ld m
otio
n de
tect
ion
Rem
ote
Ass
et P
rote
ctio
n (e
x/M
useu
ms)
Min
ing
Com
mer
cial
Bld
gs: R
apid
dep
loym
ent
Tra
ffic
Man
agem
ent
Tra
in tr
ack
even
t man
agem
ent
Cha
ngin
g M
anuf
actu
ring
(Ass
embl
y Li
nes)
1st Cut Market Focus Determination:Local Node Event "Wake-up" Need/Match
Traditional lead video surveillance L H H M L H M H M M M Motion detection H H H H H H H M M M M Shape discrimination H H H H M M M L L M M GPS H M M H H L M L H H L Temperature H M M L L M L L L L L Humidity H L L L L M L L L L L Vibration H H H L L M H L L L L Bio-detection L L L L H L L M L L L Chemical detection H M M L H L M M L L L Feature Design Criteria Per Market:
Transmission Local pt-pt wireless M H H L L H L H L L H Cellular transmission M M M M M M M L M M L Satellite transmission M L L M M L M L L L L Encryption M M M M H M L M L M L Speed considerations M M H M H H M H M M M Image quality importance M M M M M M M H M M M
Lightening requirements 24-hour (Day/Dusk/Night) H H H H H H H H H H L Lighted (e.g., Indoor) L M L L L H M H L L H
Event Handling: Proprietary server/receiver Multiple image source inputs H H H H H H H H H H H Additional I/Os L M L L L M M M L L H Event "processing" (time stamping, paging, emailing, PDA support)
H H H H H H H H H H H
Storage H H H H H H H H H H H
Packaging Size / weight considerations M M M M M H M H M M M Environmental protection H H H H H L H M H H H Covert M M M M H L L L L L L
Remote Controls Authorization levels H H H M H H M M M M M
Wireless Technology Solutions
Appendix F – Competitor Summaries
Business Security CompetitiveCompetitor Overview Products Financial Assessment
General Electric Company TTM Revenue: $131B(NYSE: GE) TTM EBITDA: $35BEmployees: 315K TTM Earnings: $14BValuation: $273B Cash Balance: $8B
Honeywell International TTM Revenue: $22B(NYSE: HON) TTM EBITDA: $70MEmployees: 108K TTM Earnings: ($220M)Valuation: $18B Cash Balance: $2B
Tyco International Ltd. TTM Revenue: $36B(NYSE: TYC) TTM EBITDA: $254MEmployees: 267K TTM Earnings: ($3B)Valuation: $26B Cash Balance: $6B
Magal Security Systems TTM Revenue: $43M(Nasdaq: MAGS) TTM EBITDA: $2MEmployees: 235 TTM Earnings: $2MValuation: $36M Cash Balance: $6M
Eagle Broadband, Inc. TTM Revenue: $25M(AMEX: EAG) TTM EBITDA: ($32M)Employees: 212 TTM Earnings: ($34M)Valuation: $20M Cash Balance: $3M
Axis AB TTM Revenue ($US): $78M(XSSE: AXIS) TTM EBITDA ($US): $5MEmployees: 344 TTM Earnings ($US): $4MValuation ($US): $147M Cash Balance: $15M
Premier Wireless, Inc. TTM Revenue: NA(Private) TTM EBITDA: NA Employees: TTM Earnings: NAValuation: Cash Balance: NA
Aircraft engines, commercial finance, consumer finance, consumer products, equipment management, insurance, NBC and power systems.
Aerospace products and services, control, sensing and security technology for buildings, homes and industry, automotive products, specialty chemicals, fibers and electronic and advanced materials.
Fire and security services, electronics, healthcare and specialty products, engineered products and services.
Manufacturing and marketing of computerized security systems that automatically detect, locate and identify the nature of unauthorized intrusions.
Provide telecommunications equipment with related software, broadband products, fiber and cable, cable television, telephone, security, Internet connectivity and related services.
Founded in 1984, leader in networked video and print servers. Axis' products and solutions are focused on security, surveillance, remote monitoring and document management.
Founded in 1994 to provide wireless video communications equipment to video professionals for commercial, industrial and broadcasting markets.
Homeland security surveillance product, remote deployment, wireless transmission, can be covert, no local infrastructure required, designed to be deployed for extended periods of time.
GE Interlogix security products access control products, alarm systems, communication systems, digital video recording equipment, explosives and narcotics detection, fire safety, key control, machine guarding, structured wiring,video cameras, video surveillance control systems.
GE Interlogix offers discrete cameras, integrated camera systems, traditional cameras and lenses, and video monitors. All surveillance equipment utilizes local infrastructure for operation. GE Interlogix does not have a product that directly competes with AWA. Given the company's size and financial
Use one-way microwave radios (transmit only) 2.4 ghz. Can be linked to existing CCTV cameras - provides the wireless link - needs grid power source. Body worn tactical video systems - live video and audio wirelessly transmitted back to central command location. Useful life on battery power measured in hours.
Focused primarily on providing the wireless interface on existing CCTV video systems.
Security management systems, several taut wire perimeter intrusion detection systems, video motion detector systems, intrusion detection grids, microphonic cable fence disturbance sensor, computerized control centers, cable intrusion detection sensors, electronic field disturbance sensor, microwave
Focused on military, government and commercial applications for perimeter security. Access control and intrusion detection systems are not covert and may not include video surveillance. Products depend on grid power for effective operation limiting feasibility for remote surveillance applications.
Fire and burglar alarms, video systems, wireless access control systems - keypads, motion and glass break detectors, access cards, biometric devices, fire and telephone entry systems, alarm services, professional security systems.
Product are focused on access control, fire alarm. Limited use of video technology not focused on wireless, low-powered remote deployment. Given the company's size and financial strength, competing products could be developed in the future.
Intrusion detection and control, asset protection, covert cameras, CCTV, GPS vehicle security, asset management, card readers, ID badging, computer access, biometrics, video surveillance, interactive video, fire and safety, electronic tag control.
Broad range of products and services in the security industry. Experienced with video surveillance products and services. Require grid power and communications infrastructure for effective video surveillance. Due to the experience in the video security and access control space, coupled with
In 1999, entered the IP based network digital video products market (now accounts for 45% of total company revenue). Products include various IP based cameras with robust functionality (up to 704x480 resolution and pan, tilt, zoom capabilities).
Company has established a significant revenue stream in the IP based digital video market in a short period of time. Its smaller size and focus results in an ability to quickly shift development focus to emerging technologies. Current products require grid power but do have 802.11 wireless transmission
Patent applications for certain unique aspects of the product line were being prepared for filing in October 2002. Product release was planned for early 2003. No such product release as of April 2003 and no additional information on this product line are available. This product, working as described,
Wireless Technology Solutions
Advanced Wireless Automation Attributes
Project to build an Enterprise Value of $100 million
Ultra Low Power Application
Wireless Communication Integration
Unique Systems Architecture
World Class Engineering Team
Patent Positions
Management Team Experienced in Electronic Security
Wireless Technology Solutions
Appendix B - Target Customers
• Military / Gov’t (DTRA)• Nuclear Power Plants (Entergy, Dominion)• Border Patrol (INS)• Ports / Coastlines (US Coast Guard)• Railroads ( • Oil Wells (BLM)
2003Market Opportunity
• 200-300 units
• $1.5M - $3.0M
2003 TargetResults
• 75 - 90 units
• $550K - $900K
Wireless Technology Solutions
Appendix D - Competitive Technology Comparison
DedicatedSatellites
OtherWireless Imaging
Technology
CCTV(Closed-circuit
Television)
Strengths Limitations
• Reach / Coverage
• High Resolution / zoom capabilities
• Inexpensive
• Simple to deploy
• Transmission is not secure and range is minimal
• Battery life is measured in hours
• Image quality is pretty low
• Full-motion video
• Proven and accepted security technology
• Reliant on wired communications link and grid power source
• Expensive
• Angle of view is fixed and may not be suitable for on-the-ground surveillance needs