Near Infrared Imaging, Inc
www.nearinfraredimaging.com
508-384-3800
NII is on the cusp of causing a paradigm shift in medical imaging and biometrics
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The road to causing a paradigm shift in medical imaging begins with the Vein-Eye™. As our revenue increases, NII will reward our investors early and often.
NII’s mandate is to offer the highest quality non-contact, non-invasive, photonics-based
products to the worldwide community at the lowest costs possible.
NII’s patented technologies include:
Vein-Eye – a vein illumination system that detects and highlights veins for one-time vein punctures, detects the rate of blood flow in the vein, and determines if the blood in the veins is pooled or flowing
Non-contact vein recognition biometrics – technology to protect, identify and authenticate anyone trying to enter a building, military base, airport, home or use a computer or smart-phone
Optical Ultrasound Tomography™ - technology to detect real-time bleeding in the brain at the scene of the injury, to provide continuous monitoring of patients at the bedside, and to detect markers and abnormal data in the brains of patients with brain diseases, such as Autism, Parkinson’s, Schizophrenia and other macroscopic diseases.
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Near Infrared Imaging has been funding research since 2009.
NII is owned in part by the Regents of the University of California (UC).
NII is owned in part by the City University of New York (CUNY).
NII is owned in part by Lawrence Livermore National Laboratory (LLNL).
The Vein-Eye vein illumination technology has been highlighted in over 250 research articles.
Below is a video of the Vein-Eye detecting blood actively flowing in the vein. http://youtu.be/iGH6PNh84IA
The MSRP of the leading selling vein illumination devices ranges from $5,400 to $15,000. The
MSRP of the existing Vein-Eye ranges from $2,199 - $2,499.
The Vein-Eye is now in over 42 countries and the number of distributors is growing weekly.
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Care delays occur in approximately 25 percent of all patients, regardless of care setting, due to the inability to establish IV access.
Estimates range from 300-500 million IV placements per year just in the U.S.A., with one in three attempts resulting in failure in adults, and one in two attempts resulting in failure in pediatrics.
That translates to 50% failure in pediatrics.
The failure rate of vein punctures ranges from 10% to 40% with critically ill patients, where time is of the essence and vein punctures are challenging.
The average time requirement for peripheral IV cannulation is reported at 2.5 to 13 minutes, with difficult IV access requiring as much as 30 minutes.
Industry forecasts are that “image guidance systems” will increase the success rate of IV placements in difficult patients by 50-80%.
This will translate to a savings in time, and materials, of up to $1,250 for every 100 IV starts.
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There are approximately 20,000,000 - 40,000,000 vein punctures everyday worldwide.
Drawing blood or placing an IV is very difficult if the patient has diarrhea, is very young, is very old, or the veins have collapsed due to dehydration.
Drawing blood or placing an IV can be dangerous to both the patient and healthcare practitioner if the patient has Ebola, AIDS, SARS, Measles, Chicken Pox or Tuberculosis.
The Vein-Eye is able to be wiped down with a hospital grade disinfectant after every use.
The Vein-Eye has passed the rigorous IEC 60601 3rd edition testing.
Safe and affordable vein illumination can curtail Infections, nerve damage, the spreading of diseases, and pain and suffering.
The demand for vein illumination is growing at a very fast rate, as NII is now in receipt of bids and Tenders from UNICEF and many other large medical organizations.
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The Vein-Eye CARRY will be about the same size as the GoPro camera and will communicate
with a TABLET.
The MSRP will be approximately $1,299. The entire solution will come in a lightweight carrying
case with a total weight of five (5) pounds. A healthcare professional will be able to place the
CARRY or TABLET right next to the arm of the newborn or elderly person.
The Home and Mobile applications are overwhelming, including use in an ambulance, at the
scene of an injury, in treating a critically ill patient, and by the Visiting Nurses and mobile
healthcare practitioners.
“Home Infusion Therapy Market is expected to reach USD 31.9 billion by 2022 Research Report
by Hexa Reports Inc. “ http://www.digitaljournal.com/pr/2703901#ixzz3pDNbBmVn
The CARRY will attach to the chemotherapy chair, hospital bed, table or wheelchair so that an
Oncology nurse will monitor the needle placement in order to avoid infiltration and
extravasation into the tissue.
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Non-contact vein-recognition biometrics
The global biometrics technology market is expected to reach USD 24.59 billion by 2020,
according to a new study by Grand View Research, Inc.
The NII – BIO is a non-contact, light based, vein-recognition biometrics solution. It utilizes the
unique identity of the veins in your fingers, veins in your palm, the geometry of your hand
and fingers, and the fingerprints to create one unique identity.
Vein recognition biometrics is the fastest growing area in biometrics. The ID verification process
is very fast and contact-less.
Using a light transmission technique, the structure of the vein pattern can be detected,
captured and subsequently verified.
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Over the next five years, vein scanners are expected to grow significantly and outperform other biometric segments.
http://www.biometricupdate.com/201503/vein-scanners-to-outperform-other-Biometrics-segments-report
Retailers lose an average of 7% of annual revenues to theft and fraud by Employees.
Medical patient “misidentification” errors cost more than $55B annually in the U.S.A. alone.
NII’s technology is “multiple-modality” and based upon the visualization of subsurface veins and blood vessels – the fastest growing area in biometrics.
The FBI recently adopted facial recognition, even though facial recognition only has a 60% success rate and could not identify the Boston Marathon bombers.
Facial recognition, iris scanning, and fingerprinting have inherent flaws that significantly decrease the ability to be reliable, accurate, and secure.
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Multi-modal Biometric data collection system
Fingerprint
Finger vein
Palm vein Palm print
Hand Geometry
Vein recognition biometrics is a particularly impressive and promising technology because it requires only a single-chip design, meaning that the units are relatively small and cheap. The ID verification process is very fast and contact-less. The structure of the vein pattern can be detected, captured and subsequently verified.
http://findbiometrics.com/solutions/vein-recognition/
The global biometrics technology market is expected to reach USD 24.59 billion by 2020, according to a new study by Grand View Research, Inc.
http://www.whatech.com/market-research-reports/press-release/it/38738-biometrics-technology-market-will-hit-24-59-billion-by-2020
Recently, CBS News ran a story on the security flaw exposed in use of fingerprint passwords.
http://www.cbsnews.com/videos/security-flaw-exposed-in-use-of-fingerprint-passwords/
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Optical Ultrasound Tomography™ combines ultrasound and optical imaging to give cells, organs, and tissues their unique
identity and their unique color.
The “Golden Hour” after a brain injury is critically important to saving the life of the patient.
Unfortunately, many people feel fine immediately after a traumatic brain injury.
Actress Natasha Richardson fell on a ski slope and initially felt dizziness and pain. Approximately
one hour later, she began feeling ill but it was too late. Natasha Richardson died from an
epidural hematoma, a treatable condition if detected early.
Existing technologies require transport to a medical hospital for a CT scan or MRI. A suffering
patient may not have that time.
The #1 cause of death to newborns in the Neonatal Intensive Care Unit is brain injury.
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“X-rays from a single full-body CT scan give a dose of radiation similar to cancer-associated
radiation doses in A-bomb survivors,” David J. Brenner, PhD, director of Columbia University's Center for Radiological Research.
“Radiation from CT scans done in just one year will cause 29,000 cancers in cancer-free patients and kill nearly 15,000 Americans,” researchers said Monday, December 14, 2009 (Archives of Internal Medicine).
“We fret about airport scanners, power lines, cell phones and even microwaves. It's true that we get too much radiation. But it's not from those sources — it's from too many medical tests.” http://www.msnbc.msn.com/id/37623994/ns/health-health_care/
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Traumatic Brain Injury (TBI) is the leading cause of death for people under the age of 45.
Children are much more vulnerable to TBI as their skulls are thinner.
350,000 sports-related head injuries are treated at U.S. hospital emergency rooms every year.
TBI is a major health issue affecting service members and veterans during times of both peace and war.
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“The NHL has something wrong with its head, and no one is sure what to do about it, or if there
is anything that can be done to make an inherently dangerous game substantially less a killing
field.” - Boston Globe
When NHL player Bob Probert died suddenly, at the age of 45, scientists at Boston University
discovered that the constant blows to his head caused a degenerative brain disease called
chronic traumatic encephalopathy.
News of the recent and unexpected death of Junior Seau, 43-year-old former Pro Bowl
linebacker, has once again raised questions regarding the long-term impact of traumatic brain
injuries in the National Football League.
“Traumatic brain injury (TBI) is a significant health issue which affects service members and
veterans during times of both peace and war.” - US Army
"Ideally, screening should occur immediately following the injury event or as soon as
operationally feasible." - Defense and Veterans Brain Injury Center.
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Optical Ultrasound Tomography™ (OUT) will be incorporated into the PAT 2700 family of cameras and scanners.
These will be portable, non-radiation cameras that will detect the presence, size, and location of a brain injury.
The cameras will send “real-time” images and video from the battlefield, the automobile accident, the home injury, or the athletic field directly to the waiting neurosurgeon.
Emergency Room physicians will be able to triage which patient requires immediate surgery and which patient can be monitored and treated.
The PAT 2700 cameras will detect if the blood in the brain is pink “new” blood or if it is dark “aged” blood – very important in the case of abuse.
OUT will safely provide continuous bedside monitoring of the patient.
The cameras will be used as a tool for investigating brain illnesses and identifying important markers for brain disorders such as Autism, Parkinson’s, MS and Schizophrenia.
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Michael Feeney, President, M.S., Northeastern University, Boston, MA, has twenty (20) years
sales and sales management experience with optics in medicine and optical networking.
Mikhail Fridberg, MSEE, has experience in all phases of optical hardware projects including
requirements definition, system design, specification, component design and Implementation,
algorithm development using Matlab and Simulink, Blackfin-based image processing.
Dr. Madan is our MD consultant. He is a neuro-radiologist and Assistant Professor, Tufts
University School of Medicine, Boston, MA. He specializes in pediatrics.
http://www.tuftsmedicalcenter.org/OurServices/Radiology/Neel_Madan
Doctor Ryan Abbott, Legal Consultant, has an MD and JD and is an Assistant Professor at the
David Geffen School of Medicine at UCLA. http://www.drryanabbott.com/
Ross Goldman, Financial Consultant, MBA, Babson College, Wellesley, MA, assists in the
preparation of business plans, projections, tax returns and risk management.
Ralph George has a PhD in Political Science from George Washington University. He has
extensive work experience with the SBA and Federal government.
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