eyeCam Crowdfunder Deck

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BY

Transcript of eyeCam Crowdfunder Deck

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BY

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2 THE WEARABLE SMARTPHONE

THE PITCH is turning every hand into a touchscreen

display eliminating the need for handheld phones

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THE PROBLEM

WHAT DO THESE SMARTWATCHES HAVE IN COMMON?

THEY ALL HAVE TINY DISPLAYS

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THE PROBLEM

What is the purpose of wearing this

If you have to carry this

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PROJECTION INTERFACE

THE SOLUTION

display adapts to your hand and fingers

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A C C E S S O R I E SS M A R T P H O N E S I N T E R F A C E S

Dependent on a pocket PC for most functionality

These are pocket PC’s, not wearable and inconvenient

Limited to interfacing with external devices

• eyeHand is an autonomous wearable smartphone• a dynamic projection mapping and display system• a 3D touch and gesture interface• a multi-layered biometric identification system• a biometric key, wallet and IoT command center• a sports, health and fitness monitor

THE WEARABLE SMARTPHONE

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THE WEARABLE SMARTPHONE

is the future of wearable computing

is your phone, Internet and live streaming media and communications platform

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THE WEARABLE SMARTPHONE

is your touchscreen and gesture interface

maps your hand and fingers turning them into the ultimate 3D interfacing system

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THE WEARABLE SMARTPHONE

is your sports, health and fitness monitor

maps your body, monitors your health, streams your game and in an emergency, is your lifeline

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THE WEARABLE SMARTPHONE

books your flights and avoids security lines

is a wearable biometric identification system with hand, fingerprint and heartbeat verification

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THE WEARABLE SMARTPHONE

makes payments instantly and securely

is your wallet

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THE WEARABLE SMARTPHONE

is the key to your world

Physical locks, keys and passwords can all be broken, lost or stolen, makes them all obsolete

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THE MARKET

CONSUMER SPORTS INTERNET OF THINGS

ENTERPRISE MEDICAL SECURITY

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By 2018, ABI research forecasts 485 million wearable smart devices sold globally per year

THE MARKET CONSUMER WIRELESS

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THE MARKET ENTERPRISE & FINANCE

Enterprise Wearables is a $100 billion dollar market by 2020 growing at over 50% per annum*

* Wikibon & PGI

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Sports & Fitness Wearables is a $32 billion dollar market by 2020 growing at over 26% per annum*

* Price Waterhouse

THE MARKET SPORTS & FITNESS

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THE MARKET MEDICAL & HEALTH

Medical Wearables is a $58 billion dollar market by 2020 growing at over 25% per annum*

* CentricDigital

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THE MARKET The combined wearable market is valued at over $835 billion dollars and by 2030 wearable smartphones are projected to grow to 70% of the smartphone market*

* Price Waterhouse & Forbes

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COMPETITIVE LANDSCAPE CICRET BRACELET

RITOT BRACELET

MICROSOFT OMNITOUCH

PUBLISHED PATENTS: None STATUS: In Development DESCRIPTION: A connected bracelet that projects a display on the arm

PUBLISHED PATENTS: None STATUS: In Development DESCRIPTION: A bracelet that projects the time on the hand

PUBLISHED PATENTS: None STATUS: Not Active DESCRIPTION: A shoulder mounted projection display and interface

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Apple Apple Watch

Samsung Galaxy Gear

Fitbit Surge

Thalmos Lab Myo Band

Pebble Time

eyeCam eyeHand

Wearable Smartphone vs. Accessory

Projection Display

3D Interface

Multi-layered Biometric ID

Heart Rate & Fitness Monitor

Mobile Wallet

COMPETITIVE MATRIX

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COMPETITIVE ADVANTAGE EYECAM INTELLECTUAL PROPERTY

PUBLISHED PATENTS: 18 (covering an array of wearable technologies)

STATUS: 10 granted patents,15 pending and over 50 in preparation

DESCRIPTION: In 2013 eyeCam filed a utility patent on the first wrist worn mapping, imaging and projection interfacing system with eyeHand, the wearable smartphone

The eyeHand utility patent is pending, published and under review in the US, Europe, Japan, China, Korea and India

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THE TEAM BRYAN DAVIS President & CEO

Bryan is an entrepreneur, inventor, business and technology leader with 25 granted and pending patents and co-founder of multiple companies

WALT MACLAY CTO

Walt has over 30 years of management experience in custom electronics design for manufacture and has applied his leadership to many startups

JAMES FISHER Chief Product Designer

An award winning product designer, from 3D modeling animation and patent illustration to hardware and software integration James brings new products to life

TOM MCCULLOUGH VP of Business Dev

Tom has over 20 years of management and sales experience as CEO of Instant Mobile Solutions, director at Siebel Systems and head of sales at FS Studio

HEIDI GROSHELLE Marketing Director

With 35 years of PR and communications experience Heidi is a recognized thought leader and strategist for innovative and disruptive technology companies

ALEXANDRA PONY Communications Director

Alexandra is an outgoing and creative storyteller, strategist and hands-on PR account manager with 10 years of experience with innovative startups

JONATHAN SALZEDO Chief Software Engineer

A skilled mathematician, programmer and musician Jonathan is fluent in multiple computer languages with decades of software engineering experience

KISHORE JETHANANDANI Chief Analyst

MARK BRINKERHOFF Chief Mechanical Engineer

President of Fusion Design Mark has over 20 years of management experience in industrial design and turnkey solutions with over 1,000 products developed

Market and technology analyst, writer, economic advisor and futurist Kishore leads eyeCam’s business and financial planning and product analysis

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DEVELOPMENT PARTNERS

PROJECT MANAGEMENT FIRMWARE ENGINEERING SOFTWARE ENGINEERING

PRODUCT DESIGN VIDEO PRODUCTION INTELLECTUAL PROPERTY

FINANCIAL MANAGEMENT BUSINESS DEVELOPMENT LEGAL & TRANSACTIONS

SurfaceInk |Product Development

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DESIGN & ENGINEERING DESIGN & ENGINEERING

PATENT & TRADEMARK

DESIGN & ENGINEERING

PATENT & TRADEMARK

BRANDING & MARKETING DESIGN & ENGINEERING

PATENT & TRADEMARK

BRANDING & MARKETING

LICENSING & SALE

eyeCam is an innovation company, we develop products for other companies to manufacture and sell as their own

BUSINESS MODEL

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REVENUE MODEL eyeCam plans to sell its reference design kits to companies such as Google, Apple, Microsoft, Fitbit, Nike, Sony, Casio and other wearable product manufacturers and platform developers

KEY ASSUMPTIONS 1. OEM license 2.75%/unit2. Projected Unit Price $250 - $5003. Sales of 330,000 Units in year 1 and over 1 million in year 24. Revenue growth curve based on comparable wearable launches

- Apple sold 3.9 million watches in Q3 2015* - Fitbit sold 4.7 million fitness bands in Q3 2015*

* Source: IDC Worldwide Quarterly Wearable Device Tracker

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REVENUE PROJECTIONS P&L Summary 2017 2018 2019

Total Revenue $0 $28,433,348 $78,461,649

COGS $0 $2,682,188 $3,579,979

Gross Profit $0 $25,751,196 $74,881,670

Gross Margin (%) N/A 90.5% 95.4%

Total Operating Expenses $7,560,616 $9,245,854 $26,787,641

Net Income $(7,560,616) $16,505,342 $48,094,029

Net Income Margin (%) N/A 58.0% 61.3%

Headcount 36 52 94

* Financial Model available upon request

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TIMELINE

MILESTONES

• eyeHand beta ready

• eyeHand projectionmapping/displayalpha ready

• eyeHand 3D interfacealpha ready

• eyeHand biometric IDalpha ready

• Open Tech Center

• 1st Licensing Ag.

Beta Ready

Q3 2017

MILESTONES

• eyeHand design formanufacture complete

• eyeHand projectiondisplay beta launch

• eyeHand 3D interfacebeta launch

• eyeHand Biometric IDbeta launch

• eyeCam IP transactionsplatform alpha ready

Market Portal

Q4 2017

MILESTONES

• 3+ licensing agreements

• Complete first majortransaction

• Complete Series B roundof financing

• 1st Licensing revenue fromproduct sales

• OEM product Database

• Introduce new eyeCam/eyeHand product lines

Market Penetration

Q2 2018

MILESTONES

• Product specs done

• 10 granted patents

• 15 pending patents

• Competitive analysis

• Alpha ready

• Three OEM partners

• Ten service partners

• Complete Series ARound of Financing

CURRENT

Proof of Concept

* Development Plan available upon request

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x

Public IPO

$2 Billion

Series B

$30 Million $500+ Million $4 Billion $100 Million $175 Million $500+ Million

COMPARABLE EXITS

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COMPARABLE EXITS

target licensees and acquirers

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NEEDS

CAPITAL REQUIREMENTS • $10M Series A Convertible Note• 8% Interest and convertible at a 20% discount

USE OF FUNDS • $7.5M – Development• $1.5M – Operations• 1M – Marketing & Sales

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2017 2018 2019 2020 2021

LIC

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TEC

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ALES

PROJECTED REVENUE ($ Millions)

PROJECTED RETURN ON INVESTMENT (BY YEAR 5)

ENTERPRISE VALUE $1.9 Billion

INVESTOR CASH FROM REVENUE $99,515

INVESTOR CASH ROI % 10%

VALUE OF HOLDINGS $16 Million

EQUITY ROI % 1608%

*Investor returns based on investment of $1 million

$28M

$79M

$185M

$284M

OPPORTUNITY FOR INVESTORS

eyeCam is introducing a profit sharing model for innovation Early stage Investors receive a revenue interest in the licensing and sale of all eyeCam products

PROJECTED ROI (BY YEAR 5) (Based on investment of $1 Million)

ENTERPRISE VALUE: $1.9B

CASH FROM REVENUE: $99K

INVESTOR CASH ROI %: 10%

VALUE OF HOLDINGS: $16M

EQUITY GROWTH: 1608%

OPPORTUNITY

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32 THE POWER IS IN YOUR HAND

is positioned to be the leading innovator in wearable smartphones – projected to grow to 70% of the smartphone market

OPPORTUNITY

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BY www.eyehand.com [email protected]