April 2003
Wireless Technology Solutions
Wireless Technology Solutions
Wireless Technology Solutions
•
•
Steve Cannellos – CEO and President
Over 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.
•
Daniel C. Roy - VP Bus Dev, Co-founder
Experience in operations, strategic analysis and development
VP Finance / Operations Amaroq Inc, Manager – Accenture,
MBA – University of Chicago, BS Northeastern
•
Peter Faubert – VP Finance
Experience in financial reporting, venture financing, M&A
VP Finance–Burntsand, Finance Mgr-SupplierMarket, PWC
CPA, BS Northeastern
• Andy Lowen – VP, Marketing
Over 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 design
Microsoft, Bsquare, BroadIP Networks, Cadre Engineering
•
Gregory Perry – Network Engineer, Co-founder
Extensive experience in network, security and hardware engineering
Founder 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 Industries
BS Northeastern
Wireless Technology Solutions
Existing Suppliers
• Lockheed Martin
• Raytheon
•
ITT Industries
• Textron
•
Northrop Grumman
• GE Interlogix
• Tyco International (ADT Division)
• Magal Security Systems
• Axis AB
Customer Applications
•
Oil Well Monitoring
• Nuclear Power Plants – Extended
Perimeter
•
Railroad Monitoring
•
Protection of Military installations / bases
• Monitoring Enemy Troop Activities
• Protection of National Borders and Ports
•
Aiding State and Local Law Enforcement
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.
Wireless Technology Solutions
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.
Military / Government
• Protection of Military Installations / Bases
• Monitoring Enemy Troop Activities
• Protection of National Borders and Ports
• Aiding State and Local Law Enforcement
Commercial / Industrial
• Oil Well Monitoring
• Nuclear Power Plants
• Railroad Monitoring
• Perimeter Security
Overall Market
Over 500K Units
$2.5 Billion
Military / Government
Nuclear/Conventional Power Plants
Border Patrol
Port / Coastline Security
Railroad Monitoring
Remote Assets
Perimeter Security
Remote Land Management
Wireless Technology Solutions
Projected Sales
2003 $300K
2004 $5.0M
2005 $12.0M
2006 $25.0M
Realizable Market $600M
Cumulative Sales (2006) $42M
Market Penetration 7%
Wireless Technology Solutions
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
Our lead customer Lockheed Martin has active customers representing over 60% of our target market for remote surveillance applications and has introduced.
Military / Government
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
Commercial / Industrial
Oil Well Monitoring
• Bureau of Land Management *
• BP *
Nuclear Power Plants
• Entergy
• Dominion *
Protection of National Borders and Ports
• Coast Guard *
• INS *
Railroad Monitoring
• Union Pacific
• Burlington Northern
• CSX Corporation
• Norfolk Southern
Aiding State and Local Law Enforcement
• Homeland Security Committees in NJ and MA
• State Police in NJ and MA
• Puerto Rico Conservation Trust
Perimeter Security
• Tyco (ADT Division)
• Industry Distributors
• System Integrators
*
Technology introduced to customer by Lockheed Martin
Wireless Technology Solutions
Military / Government Segment
•
Expand Penetration by leveraging relationships with Integrator partners
•
Leverage Existing Contacts in Government
Related Integrators
Commercial / Industrial Segment
•
Leverage Commercial Security contacts
•
Establish Integration partnerships with
Leading Access Control and Video Companies.
•
Leverage Relationships in the security
Distribution Channels
SLIDE IN PROCESS – WILL UPDATE TOMORROW
Wireless Technology Solutions
Wireless Sensor Platform
Digital
Signal
Processor
Wireless
Modem
Supervisory
Processor
Main
Processing
Board
Digital
Imager
Power Supply –
Lithium Cells
Sensor Array
GPS Temp Other
Motion
Sensor
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.
Product Features:
Event-Based Response Monitoring
Passive IR Motion Detection
Enhanced Motion Detection Capability (eg. Laser)
GPS Heading and Location
Temperature / Humidity
Pattern Recognition Detection
Chemical / Bio-detection
Current Product
Version 1A
2-4 Months
Version 1B
X
X
-
-
X
X
-
X
X
X
X
X
-
-
Local pt-pt wireless (900 MHZ)
Cellular transmission
Satellite / Alternative Transmission
3DES and Certificate-Based Encryption
Imaging Capabilities:
Day
Dusk
Night
640 x 480 Resolution
1280 x 1024 Resolution
Other:
Enhanced Power Management Design
Proprietary server / receiver (Backend)
Covert Packaging
Designed for Manufacturability
X
-
-
X
X
X
-
X
-
-
-
X
-
-
X
X
-
X
X
-
X
X
X
X
X
-
Wireless Technology Solutions
9 Months
Version 2
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Wireless Technology Solutions
AWA Key Points of Differentiation…
• Ultra Low Power – Proprietary System power management architecture.
• Wireless – Proprietary power management design and compression technology.
•
SLIDE IN PROCESS – WILL UPDATE TOMORROW
First Mover in an
S ecurity – Military grade encryption (3DES / emerging market for
AES link-layer and DH DSA public key certificates) remote security and intelligence gathering
•
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.
Dedicated
Satellite
Residential
Commercial /Industrial Government / Military
Wireless Technology Solutions
Customer
Segment
Hughes
NRO
Other
Wireless
X10
Spy Gate
CCTV
Imaging
Security
Technology
AWA
Eagle Broadband
GE Interlogix
Philips
Napco
Tyco
Pelco Honeywell
Ultrak
Axis
Magal Security Systems
CompuDyne (Quanta)
Primary
Competitors
Wireless Technology Solutions
SLIDE IN PROCESS – WILL UPDATE TOMORROW
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
Tyco
$1.5B
Focused in General Security Market
$2.0B
General unfocused Security Products
Wireless Technology Solutions
CEO / President
S. Cannellos
VP Finance
P. Faubert
VP Engineering
TBD
Eng. Architect
J. Riffel TBD
VP Bus Dev.
Project Manager
D. Roy
VP Marketing
A. Lowen
3 Software Eng.
TBD
3 Hardware Eng.
TBD
2 Network / Systems Eng.
G. Perry / TBD
2 Production Eng.
TBD
VP Sales
TBD
Sales Director
M. Lyons
Key Short-Term Hires
Wireless Technology Solutions
•
•
Steve Cannellos – CEO and President
Over 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.
•
Daniel C. Roy - VP Bus Dev, Co-founder
Experience in operations, strategic analysis and development
VP Finance / Operations Amaroq Inc, Manager – Accenture,
MBA – University of Chicago, BS Northeastern
•
Peter Faubert – VP Finance
Experience in financial reporting, venture financing, M&A
VP Finance–Burntsand, Finance Mgr-SupplierMarket, PWC
CPA, BS Northeastern
• Andy Lowen – VP, Marketing
Over 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 design
Microsoft, Bsquare, BroadIP Networks, Cadre Engineering
•
Gregory Perry – Network Engineer, Co-founder
Extensive experience in network, security and hardware engineering
Founder 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 Industries
BS Northeastern
Wireless Technology Solutions
Revenue
Cost of Goods Sold
Gross Profit
Operating Costs:
Research & Development
Sales & Marketing
General and Administrative
Total Operating Costs
EBITDA
Depreciation
EBIT
Interest
Taxes
Net Operating Profit After Tax
2003E
$ 300,000
200,580
99,420
67%
33%
2004E
$ 5,040,000
3,048,080 60%
1,991,920 40%
2005E
$ 12,000,000
2006E
$ 25,000,000
5,542,500 46% 9,982,143 40%
6,457,500 54% 15,017,857 60%
699,117
307,688
725,871
1,732,675
233%
103%
242%
578%
(1,633,255)
12,667
(1,645,922)
-544%
4%
-549%
30,000
-
$ (1,615,922)
10%
-539%
1,431,425
912,300
965,150
3,308,875
28%
18%
19%
66%
2,349,066
1,993,975
1,350,518
5,693,559
20%
17%
11%
47%
3,548,059
4,089,074
1,908,263
9,545,396
14%
16%
8%
38%
(1,316,955)
35,762
(1,352,717)
-26%
1%
-27%
763,941
74,405
689,536
6%
1%
6%
5,472,460
128,643
5,343,818
22%
1%
21%
45,000
-
$ (1,307,717)
1%
-26%
70,000
275,814
$ 483,722
1%
4%
75,000
2,137,527
$ 3,281,291
0%
9%
13%
• Cash flow positive: Q1 2005
•
Liquidity Event (strategic sale): 2006
Wireless Technology Solutions
Sources of Cash
Estimated Collections
Q2
$ -
2003
Q3
$ -
Q4
$ 16,570
Uses of Cash
Payroll
Research & Development
Sales & Marketing
General & Administration
Operating Expenses
Capital Expenditures
93,917
46,958
86,250
109,700
28,000
218,500
98,229
136,083
186,050
33,000
287,500
112,125
139,438
205,550
15,000
Total Uses of Cash
Funding Required
364,825 671,863 759,613
$ (364,825) $ (671,863) $ (743,043)
Q1 Q2
2004
Q3 Q4
$ 33,140 $ 49,710 $ 213,420 $ 284,560
322,000
112,125
139,438
178,050
21,000
772,613
$ (739,473)
347,875
112,125
139,438
153,550
15,000
767,988
$ (718,278)
347,875
146,625
139,438
156,050
15,000
$
804,988
(591,568)
347,875
146,625
139,438
153,550
15,000
$
802,488
(517,928)
14 Months
6/30/2004
$ 99,420
1,269,792
481,563
640,646
832,900
112,000
3,336,900
$ (3,237,480)
Headcount (end of period) / Staffing Plan
Research & Development 6
Sales & Marketing
General & Administration
Total
2
3
11
9
3
4
16
11
3
4
18
13
3
4
20
13
3
4
20
13
4
4
21
13
4
4
21
13
3
4
20
• Funding Requested: $3.5 Million
•
Additional Funding Required: $4M in Q3 2004
Wireless Technology Solutions
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
Market Size
Team
Funding
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.
$600M - $1.2 B
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.
Seeking $3.5 million to fund operations through Q3 2004
NEED TO REVISIT SLIDES TO BE LEFT IN THE
APPENDIX
Wireless Technology Solutions
Wireless Technology Solutions
Applications 2003
Units Revenue
2004
Units Revenue
2005
Units Revenue
2006
Units Revenue
Military / Government
Base, Camp Security
Battlefield Intelligence
General Intelligence
High Risk Locations
Nuclear Powerplants
Airports
Border Patrol
Port / Coastline Security
Railroad Monitoring
Remote Assets
Oil Wells
Oil / Gas Pipelines
Natural Resource Mines
Perimeter Security
Commercial Buildings
Construction Sites
Water Dams
-
-
-
-
-
-
-
-
5
5
5
5
5
5
$ -
$ 50,000
$ 50,000
$
$
$
$
$
$
50,000
50,000
$
$
-
-
-
-
50,000
50,000
$
$
$
$ -
$ -
$ -
-
-
-
Mining
Reservoirs
-
-
$ -
$ -
Total 30 $ 300,000
25
50
100
$ 225,000
$ 450,000
$ 900,000
75
-
50
50
60
$ 675,000
$ -
$ 450,000
$ 450,000
$ 540,000
80
20
5
$ 720,000
$ 180,000
$ 45,000
10
10
5
5
5
-
$ 90,000
$ 90,000
$ 45,000
$ 45,000
$ 45,000
$ -
-
10
$ -
$ 90,000
560 $ 5,040,000
100
200
300
$ 800,000
$ 1,600,000
$ 2,400,000
100
10
100
100
130
$ 800,000
$ 80,000
$ 800,000
$ 800,000
$ 1,040,000
150
50
50
$ 1,200,000
$ 400,000
$ 400,000
50
50
25
25
20
5
$ 400,000
$ 400,000
$ 200,000
$ 200,000
$ 160,000
$ 40,000
10
25
$ 80,000
$ 200,000
1,500 $ 12,000,000
270
380
550
$ 1,890,000
$ 2,660,000
$ 3,850,000
175
50
200
200
400
$ 1,225,000
$ 350,000
$ 1,400,000
$ 1,400,000
$ 2,800,000
600
150
150
$ 4,200,000
$ 1,050,000
$ 1,050,000
150
100
50
25
25
21
$ 1,050,000
$ 700,000
$ 350,000
$ 175,000
$ 175,000
$ 150,000
25
50
$ 175,000
$ 350,000
3,571 $ 25,000,000
Per Unit Pricing Year
2003
2004
2005
2006
Price
$ 10,000
$ 9,000
$ 8,000
$ 7,000
Cumulative Market Penetration (2006)
Overall Market Potential
Units $
10,000
10,000
10,000
$ 50,000,000
$ 50,000,000
$ 50,000,000
1,030
1,000
3,757
3,360
71,531
$ 5,150,000
$ 5,000,000
$ 18,785,000
$ 16,800,000
$ 357,652,500
286,500
100,000
2,500
$ 1,432,500,000
$ 500,000,000
$ 12,500,000
2,500
1,500
600
350
350
350
$ 12,500,000
$ 7,500,000
$ 3,000,000
$ 1,750,000
$ 1,750,000
$ 1,750,000
350
500
$ 1,750,000
$ 2,500,000
506,178 $ 2,530,887,500
Realizable Market
7% 126,544
25%
$ 632,721,875
GPS
Heading
GPS Manager
Temp.
Humidity
GPS
Heading
Wireless Technology Solutions
Tamper Detect
PIR-A
PIR-B
Motion Sensors
900 MHz
Radio Module
Supervisor
(Driver)
Always Powered
Radio Power
Imager Power
SBC Power
SBC
DSP [TI]
Linux OS
Cableless // Image Capturing // Wireless Transmitting // Event Monitoring Unit
CPLD
Memory
Imager
Light Sensor
900 MHz
Radio Module
Ethernet cross-over
Image Presenter and
Database Manager
Receiver
Decompresses Images
Passes Images to Front-End
Supports up to 255 Units (bandwidth dependent)
Handles parsing of security certificates
FEATURE VS. MARKET -- April 13, 2003
1st 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
1st Cut Market Focus Determination:
Local Node Event "Wake-up" Need/Match
Traditional lead video surveillance
Motion detection
Shape discrimination
GPS
Temperature
Humidity
Vibration
Bio-detection
Chemical detection
Feature Design Criteria Per Market:
Transmission
Local pt-pt wireless
Cellular transmission
Satellite transmission
Encryption
Speed considerations
Image quality importance
Lightening requirements
24-hour (Day/Dusk/Night)
Lighted (e.g., Indoor)
Event Handling: Proprietary server/receiver
Multiple image source inputs
Additional I/Os
Event "processing" (time stamping,
paging, emailing, PDA support)
Storage
Packaging
Size / weight considerations
Environmental protection
Covert
Remote Controls
Authorization levels
Green Green Green Green Green Yellow Yellow Yellow Yellow Yellow Red
L
H
H
H
H
H
H
L
H
M
M
M
M
M
M
H
L
M
H
H
H
H
L
M
H
H
L
M
L
H
H
H
M
M
M
H
M
H
H
H
M
H
M
L
M
M
M
H
M
H
M
H
M
H
H
H
H
L
H
L
L
M
H
M
H
M
H
L
M
L
M
H
H
H
M
L
L
L
L
L
M
H
H
H
M
M
M
M
L
M
M
H
H
M
L
M
H
L
H
L
H
H
M
H
M
M
M
H
H
H
H
H
H
L
H
L
L
H
L
L
H
L
H
M
H
H
L
L
H
H
L
L
L
M
M
H
M
M
M
L
M
M
L
H
H
M
L
L
M
H
M
H
M
M
L
M
M
L
M
L
M
H
H
H
L
H
H
H
M
H
H
H
H
H
M
H
M
H
H
H
M
H
H
M
H
L
H
M
L
M M
L
M
L
L
M
H
M
L
L
Wireless Technology Solutions
H
L
H
L
H
H
H
L
H
H
H
L
L
L
M
M
L
M
L
M
M
M
L
M
L
L
M
M
H
L
H
H
H
H
L
H
M
H
L
M
H
L
M M
M
H
L
M
L
L
L
L
L
M
M
M
L
L
L
L
L
L
M
M
M
H
L
L
L
L
L
M
M
L
H
Competitor
Business
Overview
Security
Products Financial
Wireless Technology Solutions
Competitive
Assessment
General Electric Company Aircraft engines, commercial
(NYSE: GE)
Employees: 315K
Valuation: $273B finance, consumer finance, consumer products, equipment management, insurance, NBC and power systems.
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.
Tyco International Ltd.
(NYSE: TYC)
Employees: 267K
Valuation: $26B
Fire and security services, electronics, healthcare and specialty products, engineered products and services.
TTM Revenue: $131B
TTM EBITDA: $35B
TTM Earnings: $14B
Cash Balance: $8B
Honeywell International
(NYSE: HON)
Employees: 108K
Valuation: $18B
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 burglar alarms, video systems, wireless access control systems - keypads, motion and glass break detectors, access cards, biometric devices, fire and
TTM Revenue: $22B
TTM EBITDA: $70M
TTM Earnings: ($220M)
Cash Balance: $2B telephone entry systems, alarm services, professional security systems.
Intrusion detection and control, asset protection, covert TTM Revenue: $36B cameras, CCTV, GPS vehicle security, asset TTM EBITDA: $254M management, card readers, ID badging, computer TTM Earnings: ($3B) access, biometrics, video surveillance, interactive Cash Balance: $6B video, fire and safety, electronic tag control.
Founded in 1994 to provide wireless video communications equipment to video professionals for commercial, industrial and broadcasting markets.
Use one-way microwave radios (transmit only) 2.4 ghz. TTM Revenue: NA
Can be linked to existing CCTV cameras - provides the TTM EBITDA: NA 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.
TTM Earnings: NA
Cash Balance: NA
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
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.
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
Magal Security Systems
(Nasdaq: MAGS)
Employees: 235
Valuation: $36M
Manufacturing and marketing of computerized security systems that automatically detect, locate and identify the nature of unauthorized intrusions.
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
TTM Revenue: $43M
TTM EBITDA: $2M
TTM Earnings: $2M
Cash Balance: $6M
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.
Eagle Broadband, Inc.
(AMEX: EAG)
Employees: 212
Valuation: $20M
Provide telecommunications equipment with related software, broadband products, fiber and cable, cable television, telephone, security, Internet connectivity and related services.
Homeland security surveillance product, remote deployment, wireless transmission, can be covert, no local infrastructure required, designed to be deployed for extended periods of time.
TTM Revenue: $25M
TTM EBITDA: ($32M)
TTM Earnings: ($34M)
Cash Balance: $3M
Patent applications for certain unique aspects of the product line were being prepared for filing in
October 2002. Product release was planned for early
2003. No such product release as of April 2003 and no additional information on this product line are available. This product, working as described,
Axis AB
(XSSE: AXIS)
Employees: 344
Valuation ($US): $147M
Founded in 1984, leader in networked video and print servers.
Axis' products and solutions are
In 1999, entered the IP based network digital video products market (now accounts for 45% of total company revenue). Products include various IP based focused on security, surveillance, remote monitoring and document management.
cameras with robust functionality (up to 704x480 resolution and pan, tilt, zoom capabilities).
TTM Revenue ($US): $78M
TTM EBITDA ($US): $5M
TTM Earnings ($US): $4M
Cash Balance: $15M
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
Premier Wireless, Inc.
(Private)
Employees:
Valuation:
Focused primarily on providing the wireless interface on existing CCTV video systems.
Wireless Technology Solutions
• Military / Gov’t (DTRA)
• Nuclear Power Plants (Entergy, Dominion)
• Border Patrol (INS)
• Ports / Coastlines (US Coast Guard)
• Railroads (
• Oil Wells (BLM)
2003
Market Opportunity
• 200-300 units
• $1.5M - $3.0M
Wireless Technology Solutions
2003 Target
Results
• 75 - 90 units
• $550K - $900K
Dedicated
Satellites
Other
Wireless
Imaging
Technology
CCTV
(Closed-circuit
Television)
Wireless Technology Solutions
Strengths
• Reach / Coverage
• High Resolution / zoom capabilities
• Inexpensive
• Simple to deploy
• Full-motion video
• Proven and accepted security technology
Limitations
• Expensive
• Angle of view is fixed and may not be suitable for on-the-ground surveillance needs
• Transmission is not secure and range is minimal
• Battery life is measured in hours
• Image quality is pretty low
• Reliant on wired communications link and grid power source