Physical Security Systems Achilles Heel: False Alarms – Disruptions & incurred costs are prohibitive Present Industry Solution – 24/7 manned control rooms, < 5% of the market, & –“Record Only”, no real time capability (Target Market) The Need: Provide a Real Time capability –Safety, an alert for on site personnel –Guidance, threat avoidance & lockdown –Minimize collateral damage, fire & breakage –And a Direct threat response, (the least important)
iSec Opportunity Business plan, Phase I, II, & III Immediate, retro-fit market (Phase I) –Licensing: a Non-disruptive strategy –Our sales force: > 1,000 existing Security providers –Existing application market size: 5 to 20 million units Advanced technology, (Phase II) –Wireless, embedded micro-chip, Infrared Imaging –New functions produces new markets, 3X Integrated total security (Phase III) –Cybernetics, Personnel, & HarmAlarm
Retro-fit Market Camera A (existing) Camera B (new) Central Processor & Recorder 2D Image Processing both cameras 3 D Algorithms Site Harmonization Threat criteria Alert declaration Surveillance Site Responder Handset LAN IP Video Wireles s
IR/Visual Cameras BaselineHarmAlarm Remarks Camera A (existing)0.01 False alarms per hour Camera B (added) n/a0.01Retrofit market HarmAlarm (3-D algorithms)n/a0.01 - 0.1Distortion corrections Independent Size Matchingn/a 0.1IR intensity & size False Alarm Rate 10 -2 10 -5 – 10 -7 < 1,000:1 Example Probability of threat Occurrence 30 days site & threat dependent Probability of False Alarm87.8%0.04% Probability true target12.2% 99.96% False Alarm Suppression
iSec Future Camera A Camera B 2D Chip, GPS, & Wireless 2D Chip, GPS, & Wireless Surveillance Site Mobile Responder Handset 3D Algorithms Site Harmonization Threat Criteria Alert Recording Data IP Threat Video Site Alert Handsets Many as required Site Alert Handsets Many as required
iSec: The Future HarmAlarm (US Patent 7,738,008) functions are partitioned between the cameras & responder/owner handset. IR Cameras assembly includes: –GPS receiver, Magnetic compass, 2D Image processor, Target Image (cropped from scene, updated once per second frame rate), LAN wireless, and power source (external, battery, and/or solar). Responder/owner handset includes: –3D algorithm processor, Threat criteria & threat alert, Scene harmonization, (site set up), Real time threat engagement applications, Target real time image, responder centered coordinates (direction and distance to target). Site Alert Handsets are configured to receive: –Threat Alert, real time threat image, Threat avoidance real time guidance, Facility lock down instructions, safety instructions (avoidance, evacuation, and hide), location information for response team.
Business Plan iSec Consortium –Venture Capital Firm –Infrared & Visual Camera OEMs Camera Modifications and additions –Wireless Network Provider –iSec Smart phone, host 3D algorithms Additional Smart phones, Alert, Safety & Threat Avoidance –First Responder Service, Enforcement Team Exit Plan –Acquisitions/Buyout/IPO (combinations there of)