Post on 16-Apr-2017
transcript
1
BY
2 THE WEARABLE SMARTPHONE
THE PITCH is turning every hand into a touchscreen
display eliminating the need for handheld phones
3
THE PROBLEM
WHAT DO THESE SMARTWATCHES HAVE IN COMMON?
THEY ALL HAVE TINY DISPLAYS
4
THE PROBLEM
What is the purpose of wearing this
If you have to carry this
5
PROJECTION INTERFACE
THE SOLUTION
display adapts to your hand and fingers
6
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
7
THE WEARABLE SMARTPHONE
is the future of wearable computing
is your phone, Internet and live streaming media and communications platform
8
THE WEARABLE SMARTPHONE
is your touchscreen and gesture interface
maps your hand and fingers turning them into the ultimate 3D interfacing system
9
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
10
THE WEARABLE SMARTPHONE
books your flights and avoids security lines
is a wearable biometric identification system with hand, fingerprint and heartbeat verification
11
THE WEARABLE SMARTPHONE
makes payments instantly and securely
is your wallet
12
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
13
THE MARKET
CONSUMER SPORTS INTERNET OF THINGS
ENTERPRISE MEDICAL SECURITY
14
By 2018, ABI research forecasts 485 million wearable smart devices sold globally per year
THE MARKET CONSUMER WIRELESS
15
THE MARKET ENTERPRISE & FINANCE
Enterprise Wearables is a $100 billion dollar market by 2020 growing at over 50% per annum*
* Wikibon & PGI
16
Sports & Fitness Wearables is a $32 billion dollar market by 2020 growing at over 26% per annum*
* Price Waterhouse
THE MARKET SPORTS & FITNESS
17
THE MARKET MEDICAL & HEALTH
Medical Wearables is a $58 billion dollar market by 2020 growing at over 25% per annum*
* CentricDigital
18
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
19
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
21
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
20
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
22
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
23
DEVELOPMENT PARTNERS
PROJECT MANAGEMENT FIRMWARE ENGINEERING SOFTWARE ENGINEERING
PRODUCT DESIGN VIDEO PRODUCTION INTELLECTUAL PROPERTY
FINANCIAL MANAGEMENT BUSINESS DEVELOPMENT LEGAL & TRANSACTIONS
SurfaceInk |Product Development
24
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
25
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
26
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
27
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
28
x
Public IPO
$2 Billion
Series B
$30 Million $500+ Million $4 Billion $100 Million $175 Million $500+ Million
COMPARABLE EXITS
29
COMPARABLE EXITS
target licensees and acquirers
30
NEEDS
CAPITAL REQUIREMENTS • $10M Series A Convertible Note• 8% Interest and convertible at a 20% discount
USE OF FUNDS • $7.5M – Development• $1.5M – Operations• 1M – Marketing & Sales
31
2017 2018 2019 2020 2021
LIC
ENSI
NG
&
TEC
H S
ALES
PROJECTED REVENUE ($ 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
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
33
BY www.eyehand.com info@eyehand.com