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ROAM I.T. Information to the Rescue Al Gourley May 2, 2002.

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Presentation on theme: "ROAM I.T. Information to the Rescue Al Gourley May 2, 2002."— Presentation transcript:

1 ROAM I.T. Information to the Rescue Al Gourley May 2, 2002

2 Our Business Supply clinical support tool for out-of-hospital health care professionals Supply clinical support tool for out-of-hospital health care professionals –Emergency medical services (EMS) –Homecare –Physician practices Priority market - EMS Priority market - EMS

3 Our Product Complete point-of-service patient information management solution Complete point-of-service patient information management solution –Quality management –Data collection, management and reporting Components Components –Proprietary software –Hardware platforms selected by users –Network management –Hosting –Training & support

4 Our Heritage 1996 - 1998 (University of Alberta) 1996 - 1998 (University of Alberta) Founder – Dr. Louis Francescutti Founder – Dr. Louis Francescutti 1999 – Company commenced operations, & since then 1999 – Company commenced operations, & since then Developed market ready product Developed market ready product Built experienced management team Built experienced management team Secured customers in Canada & US Secured customers in Canada & US Obtained venture capital financing Obtained venture capital financing Secured strategic partner for commercialization Secured strategic partner for commercialization Survived our hiccups Survived our hiccups

5 Proprietary Software Clinically driven Clinically driven Two modules – front end & back end Two modules – front end & back end Front end – used by health care professionals at point of care Front end – used by health care professionals at point of care –Decision support –Patient data collection Back end – used on server Back end – used on server –Manage databases –Migrate data to other systems –Generate reports

6 Revenue Model Application Service Provider – pay as used Application Service Provider – pay as used –Fee per transaction (patient medical record created) –Training, implementation In effect, outsource supplier of key function In effect, outsource supplier of key function

7 Huge Market Opportunity Over 2.5 billion medical records annually Over 2.5 billion medical records annually –Roam I.T. fee US$3 per transaction Industry projected to spend US$500 billion on information technology solutions over next 10 years Industry projected to spend US$500 billion on information technology solutions over next 10 years Potential to become $billion company Potential to become $billion company

8 Seven Customer Sites M.D. Ambulance, Saskatoon, SK M.D. Ambulance, Saskatoon, SK Yellowknife Fire Dept., Yellowknife, NT Yellowknife Fire Dept., Yellowknife, NT Parkland EMS, Stony Plain, AB Parkland EMS, Stony Plain, AB Med Flight, Yellowknife, NT Med Flight, Yellowknife, NT Western University, Houston, TX Western University, Houston, TX Grande Prairie EMS, Grande Prairie, AB Grande Prairie EMS, Grande Prairie, AB Advanced Medical Transport, Peoria, IL Advanced Medical Transport, Peoria, IL –To be installed June 15

9 Ownership Foundation Equity, Edmonton, AB Foundation Equity, Edmonton, AB Pangaea Ventures, Vancouver, BC Pangaea Ventures, Vancouver, BC Summit Park Ventures, San Diego, CA Summit Park Ventures, San Diego, CA University of Alberta University of Alberta Alberta Research Council Alberta Research Council Founders & senior management Founders & senior management Private individuals (angel investors) Private individuals (angel investors)

10 Strategic Partner …to commercialize technology Summit Park Ventures, San Diego, CA Summit Park Ventures, San Diego, CA Owns 12.5% Owns 12.5% Created to invest in Roam I.T. Created to invest in Roam I.T. Principals are senior health care industry executives Principals are senior health care industry executives

11 2002 Targets/Challenges Company at critical stage Company at critical stage –Moving to full scale commercialization –It remains very fragile Develop fourth version of software Develop fourth version of software Complete third round of financing Complete third round of financing Establish “marquee” demonstration sites Establish “marquee” demonstration sites Deliver “jaw dropping service” Deliver “jaw dropping service” Build infrastructure Build infrastructure Progress to profitability Progress to profitability

12 Well Done ILO!!! Keep up the good work


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