iCam Headset Personal Broadcasting System iCam Headset Personal Broadcasting System Table of Contents iCam Headset | 11/25/2008 WHAT IS THE ICAM™? ....................................................................................................... 2 ICAM HEADSET™ ......................................................................................................... 2 ICAM LIVE™ ............................................................................................................... 2 SPECIFICATIONS ............................................................................................................... 3 PRODUCT ................................................................................................................... 3 NETWORK .................................................................................................................. 3 APPLICATIONS ................................................................................................................. 4 VIDEO COMMUNICATION ................................................................................................ 4 SOCIAL NETWORKING .................................................................................................... 4 TELECONFERENCING ...................................................................................................... 5 SECURITY ................................................................................................................... 5 MARKET SIZE .................................................................................................................. 6 HEADSET .................................................................................................................... 6 CELL PHONE ............................................................................................................... 6 REVENUE ....................................................................................................................... 7 PRODUCT SALES ........................................................................................................... 7 MONTHLY SERVICE FEES.................................................................................................. 7 TELECONFERENCING FEES ................................................................................................ 7 CONTENT & ADVERTISEMENT REVENUE ............................................................................... 7 TEAM ........................................................................................................................... 8 MANAGEMENT ............................................................................................................ 8 LEGAL....................................................................................................................... 9 ENGINEERING .............................................................................................................10 SOFTWARE ................................................................................................................10 DESIGN/ MULTIMEDIA ..................................................................................................11 MARKETING & COMMUNICATIONS ....................................................................................12 FINANCE & ACQUISITION ...............................................................................................12 1 What is the iCam™? iCam Headset™ The first wireless Bluetooth headset with integrated day and night vision video camera for real-time bi-directional audio-video communications and streaming via any Bluetooth enabled cell phone. The iCam is personal broadcasting personified. What you see, hear and speak is effortlessly captured via the iCam headset and broadcasted via cell phone. Audio and video communications, a secure mobile teleconference, all recorded in real-time on your personal iCamLive website taking cellular technology to its natural next stage --- Live Video Communications. Product Specifications iCam Headset | 11/25/2008 iCamLive™ The first Internet hub for real-time cellular audio-video communication and mobile teleconferencing, secure video recording and storage, live personal broadcasting, and Social Networking. 2 Wireless Bluetooth Headset with combined Microphone & Camera for real-time audio-video communications, video streaming and recording. Compatibility: All Bluetooth enabled cellular phones Day and Infrared Night Vision Video Camera Combined audio-video & still image capture Auto Focus 4x Digital Zoom Lense Normal Voice, Video Calling and Video Recording Modes Manual, automatic, voice activated and remote operated Controls and Cellular Phone and Internet based Headset User Interface and Operating system Power Management System Rechargeable and Replaceable Battery Adjustable Earpiece & Camera iCam Headset | 11/25/2008 Network Specifications Wireless bi-directional audio-video communications Live Video Broadcasting to unlimited number of registered cell phones Real-time video streaming and recording to personal iCamLive website Secure Private and Public Video Storage, Streaming & Sharing Multi-party mobile teleconferincing via cell phone and/or Internet Use Scenarios Video Communication 3 - - - You get a call from your wife just before your son steps up to bat at the little league championship and from across the country you both watch and chear him on as he hits a double and drives home the winning run. Social Networking - - - While skiing down a mountain in Aspin your friends in New York instantaneously share the experience with you in real-time on their mobile phones. Cellular Broadcasting - - - The manager of a local rock band broadcasts the bands first live public concert to over a thousand fans cell phones in their iCamLive™ Network. Teleconferencing - - - Leaving the boardroom behind the Detroit management team is able to hold a remote mobile videoconference with their Japanese counterparts on the floor of the Las Angeles autoshow using their cell phones and iCam Headsets. Security & Law Enforcement - - - A roof collapses in a Los Angeles office building and a first response police officer transmits and recieves live audio-video feed of the scene, instantly video networking with other officers and firefighters to free the trapped tenents. News & Media - - - A team of student journalists cover a live political debate each narrating their perspective on the issues being discussed. This content is streamed live on the iCamLive Network where subscribers may view it for free alongside paid campaign advertisements for the candidates. - - - With iCam the highshool football coach was able to instantly access live video of the game recorded from multiple angles and proove to the referee that there was a defensive foul on the last play, putting his team in scoring position. Applications iCam Headset | 11/25/2008 Sports & Entertainment 4 iCam Headset represents only a small part of total potential revenue. By introducing live mobile audio-video communications, streaming, storage and social networking to the Bluetooth headset and cellular phone industry iCam creates new and recurring revenue streams, opens up new markets and expands a rapidly growing industry segment – Mobile Video Communications. Video Communication The iCam Headset combines live video streaming with standard cellular communication introducing mobile video communication as a standard option for the consumer market. Using the latest advancements in Bluetooth technology, the iCam is the first wireless headset with an integrated day and night vision microcamera capable of capturing and streaming high definition video via any bluetooth enabled cell phone and sending the audio-video data in real-time to one or more cell phones and the Internet. With the iCamLive Network wireless customers are able to capture their daily lives and experiences for private record or public viewing, sharing and networking. Social Networking iCam Headset | 11/25/2008 The next step for Facebook, Linked In, and YouTube, everyone can subscribe to an iCamLive account to stream and record their daily experiences and broadcast them wirelessly to multiple cellphones in their approved personal mobile network. The evolution of social networking is real-time wireless video communications, applications and Internet publication. Fees are received from phone carriers, online advertisement, Internet media applications revenues and subscription fees. Teleconferencing For the business market iCam offers multifeed mobile teleconferencing via cell phone and the Internet. The iCam Headset and iCamLive Network provides businesses and management teams with the security and versatility of a wireless mobile teleconferencing and an Internet based video storage and networking solution. The iCam can be used as a 5 complementary product and application to existing videoconferencing services offered by market leaders like Cisco, HP, Telanetix, Polycom and Apple. The existing global video conferencing market is estimated to be $923 million in 2007 growing to $1.88 billion in 20121. Security Per the U.S. Bureau of Labor Statistics, security guards, gaming surveillance and police officers held over 2 million jobs in 2006 and employment of security guards is expected to grow by 17 percent between 2006 and 2016. As the market for security and surveillance cameras continues to grow throughout the world, the need for increasing levels of mobility, and real-time video streaming, coupled with on-sight image quality and functionality at affordable prices will drive demand for the iCam. A police officer equipped with an iCam Headset can be continuously transmitting, recieving and recording live audio-video feed of the scene, instantly video networking with other officers, collecting critical evidence and improving coordination in an emergency. Headset The three biggest players in the Bluetooth headset market are Motorola, Denmark’s Jabra, and Plantronics. Worldwide annual sales are over 56 million units with Motorola controlling 28.2% of the market, Jabra owning 16.3% of the market, and Plantronics 1 Tight Travel Budget Boos Teleconferencing, PC World, Anjali Rajah, November 14, 2008. iCam Headset | 11/25/2008 Market Size 6 having a 12.3% market share2. The present worldwide headset market capitalization is approximately $1.96 billion. Cell Phone Due to iCam synergy with the cell phone and Internet Media Industries the market size for iCam is very large and expanding. GSM World places the number of cell phones at 3.6 billion as of the second quarter 20083. Country cell phone statistics per GSM World as of the second quarter of 2008 are: World 3,665,389,343 Africa Americas Asia Pacific Europe: Eastern Europe: Western Middle East USA/Canada 323,645,136 - 8.83% 412,728,725 - 11.26% 1,547,096,428 - 42.21% 413,777,285 - 11.29% 492,990,358 - 13.45% 194,863,290 - 5.32% 280,288,121 - 7.65% The iCam Headset expands the cell phone market by introducing live Bluetooth video streaming via cell phone creating huge new markets for wireless products applications and services. iCamLive also introduces new markets for MySpace, YouTube, and other social networking websites. Revenue Product Sales iCam Headset | 11/25/2008 Based on existing annual headset sales of 56 million units. With a one quarter of one percent market penetration (0.25%) the iCam worldwide market would translate into sales of 140,000 units. At a price of $200 per unit, the projected first year product revenue is $28,000,000. 2 3 7 Mobiledia – Motorla Leads Bluetooth headset market http://www.mobiledia.com/news/47963.html 3 http://www.gsmworld.com/index.shtml Monthly Service Fees Currently wireless carriers charge between $2 and $10 dollars per month for video and wirless Internet and mobile TV related applications and services. Based on projected first year sales of 140,000 units, revenue from monthly service fees will conservatively be in the range of four to eight million dollars. Teleconferencing Fees The world wide video conferencing market is estimated to be $923 million in 2007 growing to $1.88 billion in 20124. Assuming a quarter of one percent (0.25%) market penetration of the existing video conferencing market the iCam system would generate $2,300,000 in annual sales. Content & Advertisement Revenue 4 Tight Travel Budget Boos Teleconferencing, PC World, Anjali Rajah, November 14, 2008. iCam Headset | 11/25/2008 The average subscription fee for online storage is $45 per gigabyte per year. With one half hour of video recording per week the average consumer will use 5.2 GB at a cost of $225 per year. Based on an estimate of ten thousand customers, first year subscription revenue is projected at $2,250,000. 8 Team OPERATIONS / MANAGEMENT Bryan Davis President / CEO As a Founder and Architect of Foundation Productions LLC, the full equity business and financial model, Bryan is leading his team of business, engineering, design, media, legal and financial investment partners in the development of an entire cluster of technologies and companies that are the building blocks of the new Autocasting Industry. James D. Warren, Jr. Chief Operations Officer Jim’s innovative problem solving skills are matched by his experience in industrial and operations engineering, finance, information systems and business management. As managing partner of JDWA, Jim is a certified management consultant, business strategist, entrepreneur, speaker and system architect. Kishore Jethanandani Financial & Technical Analyst Kishore has worked in the technology industry as a market analyst for the last eight years. Prior to that Kishore held careers in economic analysis and business journalism in India. He brings a global expertise in business research, planning, and writing with extensive training and experience in gathering and presenting competitive intelligence, industry dynamics and regulatory policy. Gary Sipos iCam Headset | 11/25/2008 Business & Market Analyst Gary has twenty years of engineering and computer science, engineering operations management, and business/marketing experience. Gary has held positions as a member of the Board of Directors, President, COO, Director of Engineering, and Director of Technical Operations with companies such as Hewlett-Packard, Alyanza, Sherwood Partners and HighWAY Financial Networks. Gary received his M.S.E.E. (Candidate) and a certificate in Manufacturing and Production Operations from Stanford University. LEGAL 9 Peter Vestel Legal Counsel Peter is a founding partner of Sequoia Law Group. He specializes in entity formation, business and employment law and civil litigation. Peter holds degrees from UC Berkeley, Annenberg School of Communications, USC, and UC Hastings. Peter currently serves on the board of directors at St.Luke’s School, Lyra Corporation. John Welch Attorney and CPA John brings his combined skills as both public accountant and attorney at law to his practice specializing in estate planning, business formation, corporate governance and contracts. John maintains the very highest level of technical competence, and follows an aggressive program of continuing education, one that goes far beyond the minimum requirements to maintain his professional licenses and designations. He is also an associate professor at SFSU. John Kelly Trademark Attorney As a Trademark Attorney for Foundation Productions, John brings his experience in resolving business disputes and intellectual property matters. John holds an undergraduate degree from Yale University and a law degree from the University of California, Hastings College of the Law, where he served as editor-in-chief of the Hastings Law Journal. Prior to joining Sequoia Law Group, John was associated with Brown & Bain (Palo Alto) and Morrison & Foerster (San Francisco). Patent Attorney In addition to this hands on approach to utility and method patenting, Dan Richardson’s experience as a pioneer in the programming and software industry has played a key role in the Intellectual Property strategy for Foundation Production Autocasting Technology portfolio. Dan holds degrees from CSU, St.Mary’s College and JFK University School of Law. ENGINEERING Roni Robinzon iCam Headset | 11/25/2008 Dan Richardson 10 Chief Engineer As a Chief Engineer and project manager at the prestigious Israel Defense RAFAEL, Missile Division, Roni oversaw a team of 60 Engineers. Roni’s extensive knowledge and experience in kinematics, dynamics, robotics, and control systems is an invaluable asset to our team as a lead innovator and manager of the engineering team guiding the IP and prototype development of our Autocasting Projects. Roni graduated cum laude from the Israel Institute of Technology. John Peery Chief Technology Officer Founder of Pharmacontrol, a pharmaceutical and wireless product and platform development company, John’s focus on quality control, functional logic, system reliability, product and user interface design and application analysis has been a guiding force behind Foundation Production IP strategy and patent portfolio development. John is a graduate of Stanford University. Michael Prados Lead Engineer Previously an electromechanical automotive product and human interface design engineer with Volkswagen of America Electronics Research Lab and founder of Ideal Mechanism LLC, Michael has played a dynamic role in the research, design and engineering of our proprietary electronics, power, communications, metering, display and vehicular media broadcasting systems. SOFTWARE & OPERATING SYSTEMS iCam Headset | 11/25/2008 Martin Longo 11 Software Archi tect Martin brings more than twenty-five years experience in software development, product management, and systems architecture. He has a proven career of consistent success working for companies like Oracle, Click2Learn, SuperCede, Inc, and Mission Critical Systems (a DOD/NORAD contractor). Martin’s experience spans most programming languages and highly scalable, n-tier enterprise architecture. James Folk Head of Law Enforcement Systems and Technologies Jim provides Foundation Productions with the insight about how different law enforcement and emergency response agencies in jurisdictions across the US prefer or need to receive assistance requests data. Tailoring the presentation of data to match capabilities of jurisdictions local to the iCam users. Jim’s personal contacts in major law enforcement departments and fire/paramedic departments around the country has supported Foundation Productions in developing state of the art mobile applications designed for easy adoption by police and fire departments. Gerald Sawacki Software Developer Gerald brings 20 years in banking and health care computer systems validation, regulatory compliance, quality assurance architecture, and team management to Foundation Productions. Gerald’s EE education from the University of Toronto ensures his work is aligned with engineering and quality-assured operations. Gerald’s clients of Andesys include Royal Bank and Bank of Montreal. His clients at Pharmacontrol include Pfizer, GAP, Inc., American Red Cross, and Cordis-Johnson & Johnson. DESIGN / MULTIMEDIA Daniel Johnson Art Director and Digital Illustrator Dan is an award winning Digital Illustrator, graphic and website and art director. Dan’s creativity can be seen throughout our entire Autocasting Technology cluster as has played a key and often the most visible role in our public relations and marketing campaigns. Dan holds a degree in illustration from Brigham Young University. Ben Young MARKETING & COMMUNICATIONS Janice MacKenzie Head of Marketing and Communications Janice is a President and CEO of MacKenzie Communications, San Francisco-based strategic marketing firm that provides intelligent communications counsel and offers iCam Headset | 11/25/2008 Director of Multimedia Founder of DayLight Productions, a 3D character design, animation, special effects and video production company, Ben leads our design, modeling and animation teams, and is himself a skilled 3D modeler, animator and filmmaker. Ben has played a role in bringing our products to life on screen as we build the physical systems. 12 practical experience in all areas of marketing, public relations, government and community affairs, events, and creative services. FINANCE & ACQUISITION Mark A. Samuel Chief Financial Officer Mark brings a wealth of knowledge and experience as a business leader, investor, broker and entrepreneur to his role as CFO for the Autocasting Technology Cluster. Mark is President/CEO of Bridgeline Capital Group, a San Francisco based real estate finance firm, and President of LaLanne Fitness, LLC a San Francisco based health and fitness company. Lisa Igudesman Finance Partner Lisa brings eight years of financial and real estate sales and management experience to her role as a Finance Partner for Foundation Productions. She is a classically trained pianist, and held the position of Director of the Moscow Conservatory Philharmonic prior to moving to the United States. Michael Waldman Investment Partner & Boardmember Michael J. Bovo Investment Partner & Boardmember Michael Bowling iCam Headset | 11/25/2008 Investment Partner & Boardmember 13