“ThundaWear” A New Day in Concussion Protection -Executive SummaryI. Product Description “ThundaWear” is protective shock absorbing skullcaps that use gel technology to provide an added layer of protection that disperses shock at the point of impact. This shock dispersion can reduce the occurrence of concussions in contact sports. Gel technology research has demonstrated significant shock reduction in high impact testing. This shock reduction can result in a significant decrease in the number of concussions occurring at all levels of contact sports including professional, college and high school football. “ThundaWear” uses gel packets securely sewn into a form fitting skullcap. “ThundaWear” is high tech supplemental protective equipment designed to augment the protection provided by helmets currently in use. II. Opportunity Rationale “ThundaWear” is an idea that came to inventor, Ron Roberts while considering the increasing number of high profile football players who were falling victim to concussions. Recently and in past years, many NFL players have had their careers shortened due to concussions. Research has revealed that gel technology is currently being incorporated into various products as a cushioning medium. Various gel systems have been produced and patented by several different companies and utilized in products such as bicycle seats, shoe insoles, lacrosse shoulder pads, car seats, helmets and ergonomic cushioning support for typing. Conventional padding currently utilized in head, chin and body protective equipment consists mostly of reinforced sponge type cushioning that has only marginal effect on the reduction of impact injuries. The reason for this is that even though padding of this nature forms a barrier to direct impact, it does not dissipate the impact. Gel cushioning has proven superiority in the dissipation of shock and has demonstrated significant shock reduction in high impact testing. This could greatly reduce impact injuries such as concussions. The benefits of reducing injuries of this nature would be tremendous for all types of contact sports at all levels. Utilizing gel technology, “ThundaWear” can keep athletes on the field, extend their playing careers and reduce the long-term consequences of head injuries. The three leading football helmet makers are competing to equip more than 2 million football players in the United States. This includes high school, college and the professional level but represents only a portion of the total potential market for “ThundaWear” products which would also include hockey and other contact sports. Confidential Created by Ron Roberts Page 1 3/6/2016 According to leading helmet experts, there's no helmet out there that can eliminate concussions. What helmets do is keep players from getting killed. By wearing a “ThundaWear” skullcap (which provides an added layer of gel cushioning under the helmet) players at every level in all contact sports will have substantially increased protection from concussions. The market potential for a product that can provide this increase in protection is tremendous. Ongoing studies estimate that football causes thousands of concussions each year, a large percentage of those are attributed to the high school level. Each year football attracts more than 1.5 million players at the high school level. And, as with most contact sports, violent collisions are a part of the game. These collisions often result in mild to severe head injury (i.e. concussion). A study conducted by the American Journal of Public Health concluded that 250,000 of the 1.5 million high school football players in the United States suffer concussions during a given season. Few injuries can sideline an otherwise healthy athlete faster than a concussion. The National Football League reports that 160 concussions occur each year. Also, a survey by the American Academy of Neurology of over 1,000 retired pro football players found 60% had experienced at least one concussion during their playing career, and 26% had suffered three or more concussions. Compared with players who had not had a concussion, those who had were more likely to have neurological complaints, including memory problems, speech or hearing impairments, numbness in their extremities, and headaches. The point is that cuts, bruises and broken bones will heal, but damage to the brain can last a lifetime. III. Patent/Trademark Status The “ThundaWear” patent and trademark is being secured and finalized by the law firm of Fraser, Clemens, Martin, & Miller LLC, certified patent attorneys that specialize in intellectual property law. Extensive research has not found this product or product name on the market. Therefore, the attainment of product patent and trademark rights should be imminent. Also, contact has been made with potential manufacturers to assess interest level in negotiating a licensing or purchase agreement. Another option being pursued is to secure venture capital to finance the development of a company to independently produce and market the product. The University of Toledo’s Small Business Entrepreneurship Institute and Regional Growth Partnership has been contacted and is currently assisting in the development of a prototype and a comprehensive business plan. Confidential Created by Ron Roberts Page 2 3/6/2016 Initial Finances Required Cost for Patent: Patentability Search $1,000 (1 week for completion) Provisional Patent Application 1,500 (2-4 weeks for completion) Utility Patent Application 5,000 (completed within 1st year) -----------Sub Total $7,500 Cost for Trademark Trademark Search $600 (1-2 weeks for completion) Trademark Registration Application 600 (2 days for completion) _________ Sub Total $1,200 Cost to Solicit Manufacturer or Venture Capital for Production Travel Expenses $3,000 Legal Counsel 1,200 Accounting Services 1,100 _________ Sub Total $5,300 _________ Grand Total Confidential $14,000 Created by Ron Roberts Page 3 3/6/2016