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©2016 – iTrack Technologies, Inc. Human Communications For Clinical Trial Patient Management Presented By: David Bezar iTrackCare TM Improving Health Through Better Communication
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©2016 – iTrack Technologies, Inc. Page 2 of 15 Improving Health Through Better Communication Helping Clinical Trials achieve success through greater Adherence & Reporting to Clinical Trial Protocols using advanced Communications Management iTrackCare TM
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©2016 – iTrack Technologies, Inc. – The Problem with Clinical Trials Clinical trials waste over $14 Billion every year and growing 20% of budgets wasted on patients that drop out of Studies Recruiting increase CT study time by 30% CT Protocol adherence drops to just 43% on average after 6 months CTs have Poor Reporting & Accountability Practices Sources: FBI, HIAA, United Council on Welfare Fraud, CA EDD, IRC, Cybersource, www.iii.org, www.cdc.gov, www.ushealthcareindex.org, www.insurancefraud.org, www.census.gov, www.nhcaa.org, www.naic.org, www.aacn.org, www.homeinstead.com, www.conning.com, www.clinicaltrials.gov www.iii.orgwww.cdc.govwww.ushealthcareindex.org www.insurancefraud.org www.census.gov www.nhcaa.orgwww.naic.orgwww.aacn.orgwww.homeinstead.comwww.conning.com Page 3 of 15 Source: www.nih.com
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©2016 – iTrack Technologies, Inc. iTrackCare – Improving Health Through Better Communication Page 4 of 15
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©2016 – iTrack Technologies, Inc. Patient & Device Monitoring Page 5 of 15
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©2016 – iTrack Technologies, Inc. Clinical Trial Patient Management – Limited Competitors – Incomplete Solutions – CompetitionPaDisysPHTTrustiTrackCare 100% HIPAA Compliant xxxx Predefined and Customizable Treatment Protocols xxxx Automatic Alerts xxxx Treatment Protocol Adherence xxxx Two-way Email and Communication & Collection xxxx Guided Patient Diary Information Collection xxxx Incentive and Rewards System xxx Appointment Reminders xxxx Interactive Voice Response x Personalized Voice Prompts x Secure Text Messaging xx MMS Information Collection x Patient Tracking via GPS x Bluetooth Enabled Smart Device Data Collection x x Web, Wireless and landline phone enabled x Audio Monitoring and Analytics x Big Data Analytics xx Integration into Practice Management SW x Standardized Results Form Submission to Gov't xx Accelerometer Monitoring x Video Monitoring and Analytics x Voice and Video Patient Education x Dictation/Transcription x Prescription Refill x Page 6 of 15
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©2016 – iTrack Technologies, Inc. Patent Protection & IP Pipeline Three U.S. Patents Issued (coverage: 2002 – 2028) – 7,822,611 (2010); 8,200,494 (2012); 20120262296 (2015) – A Speaker Intent Analysis (SIA) system and method measuring emotion, validating truthfulness and the intent behind participants’ responses to questions – Real-Time validation of information gathered – Recent patent extensions have added the ability to do video-based facial recognition, as well as video-based facial emotional recognition and body language analysis to build a multi-factor authentication of their identity and their intent/credibility Additional analytics being incorporated to identify psychological conditions, drug and alcohol use, and other medical conditions Video Analytics for Health Monitoring Page 7 of 15
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©2016 – iTrack Technologies, Inc. Direct cost Value Additional Value Fewer patient drop-outs (can also reduce CT costs even further) @ $16k per patient Faster recruitment cycle – Time & Cost value Automated, accurate & more frequent collection of patient info. – Risk & Time Value Greater adherence to clinical trial protocol - Risk, Accuracy, Time & Cost Value Reduced risk to clinical trial patients – Risk Mitigation Value Automated reporting to clinician and regulators – Time & Cost value Faster approval of drugs & treatments by FDA & delivery to market – Time & Cost value Value Proposition DescriptionAmount * Average Cost Per Clinical Trial Patient$48,000+ * Reduction in Clinical Trial Cost Estimate-10,500 Cost of iTrackCare per Clinical Trial Patient (3 Phases)+900 Average Cost Per Clinical Trial Patient using iTrackCare= $39,300 *Net Savings Per Clinical Trial Patient$9,600 Value Proposition – Return on Investment10.7 for 1 * Sources: nih.gov Page 8 of 15
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©2016 – iTrack Technologies, Inc. Investment, Traction & Immediate Prospects Investment – $480,000 Invested to Date – Over Four Years of Development Activities Pennington Biomedical Research – Two Behavioral Modification Studies (Additional Studies Planned) – 300 participants per study Results – Over 20% Reduction in Study Cost – Fewer than 10% Dropout rate (Average study has 20%+ dropout) – Patient adherence to protocol improved to 83% – Increased information gathering & Improved Reporting Immediate Prospects – Letters of Intent for New Studies from: Pennington, Cambridge College, Steel Foundation, Epic Tech, Dr. Paul Wallace. – Partnership with 1 Virtual Health - http://www.vhealthclinic.com/http://www.vhealthclinic.com/ – Direct leads to Amgen, Genentech, Centocor Johnson & Johnson Page 9 of 15
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©2016 – iTrack Technologies, Inc. Market Opportunities OVER $38B Clinical Trial Study Opportunities $64B+ spent on over 159,000 clinical trials & growing at > 15%/year Over 20% of Clinical Trial Spending wasted on dropouts and non-compliance to the Clinical Trial Protocol Clinicians are looking for ways to reduce patient risk and liability Mobile Health market to grow from $6.7B to over $58.8B by 2020 Over $10 saved for every dollar spent on Clinical Trial automation * Sources: www.phrma.org, www.ciscrp.org, www.nih.gov, www.clinicaltrials.gov, cuttingedgeresearch.org, www.insurancefraud.comwww.phrma.orgwww.ciscrp.orgwww.nih.govwww.clinicaltrials.govcuttingedgeresearch.orgwww.insurancefraud.com Page 10 of 15
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©2016 – iTrack Technologies, Inc. Grant & Marketing Strategy - Partners Grant & Research Partners Strategic & Integration Partners Page 11 of 15
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©2016 – iTrack Technologies, Inc. Funding, Revenue &Projections $6MM Debt Financing or Equity Investment Use of Proceeds – Platform Infrastructure, Service Initial Customers, Continued Partner Integration Activities, Marketing to over 1,000 identified Clinical Trial prospects & Pharmaceutical companies, Business Development, Series A Funding Activities Revenue Sources SaaS model generates between $10-100 per user with an average of $50/month per user Site license fee of $100-10,000/ month Custom Reporting Big Data Analytics Integration, Consulting, Recording + more Year 5 Revenue projections are less than 1% share of market opportunity Page 12 of 15
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©2016 – iTrack Technologies, Inc. Industry Expertise – Enterprise Experience David Bezar, Founder, CEO Author, LAN Times Guide to Telephony Program Management Professional Inventor with Seven Patents Sprint, McKesson, Scripps, VA Hospitals, UCLA, State of CA, AAFES Louis C Hook – HBS, 1984 - CFO UCLA & Drew Medical Consultant, Angiogenesis Foundation Board Member Former LA World Airports CIO, CIO National Medical Enterprises Paul Martino – MBA, SMU Chief Marketing Officer Director of Americas PMO & Master Strategist at Hitachi Data Systems CSC, MLB, American Airlines Dr. Paul Wallace – HMS, 1981 Chief Medical Officer, Healthcare Renowned Plastic Surgeon, WBA Medical Director Clinical Trial Director, Dept. of Defense advisor, Amgen, Genentech, Centocor Johnson & Johnson Dr. David Berkowitz, Board / Advisor MGH/Harvard Laboratory of Computer Science, Yale New Haven Hospital, Yale School of Medicine, Harvard/MIT HST Program, Univ. of Cape town Application Development Advisor Scott Cameron, VP Business Development 30 years IT, Telecom, Security Sales Expertise Avaya, Cygcom, Document Science Corp, U.S. & Canadian Government Security Voice Innovate, Xerox Gregory Newman, COO, In-house Counsel 22 years in IT startups, Sage Software, JVC, STI, Rainbow Technologies, vWise, Vision Solutions Clifford McGlamry, CIO Lt Commander, US Navy, Ret. Security Clearance, CISCO CCIE, 25 years SW Development LA World Airports, HBOC Forsythe, McKesson, Rajeev Goyal, VP Product Development 30 years of off-shore Solutions Architect, Global Infomatrix, TATA, SAP, Syntel, UCLA, World Bank, US Federal Government Page 13 of 15
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©2016 – iTrack Technologies, Inc. iTrack Summary Strong Executive Management Team iTrackCare can reduce clinical trial execution costs by more than 20% and cut Billions in waste in the Clinical Trial process iTrackCare provides the core infrastructure to accelerate new medical scientific and technological advancements to the marketplace Exit strategies: – Acquisition or merger with a Large Insurance, Healthcare or Pharmaceutical Company. – Taking the company public. Page 14 of 15
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©2016 – iTrack Technologies, Inc. Additional Information David Bezar 949-243-0088 | davidb@itracktec.comdavidb@itracktec.com Louis C. Hook, HBS 888-355-8906 | louish@itracktec.comlouish@itracktec.com Nicholas McClure, HBS 310-528-1725 | nickm@itracktec.comnickm@itracktec.com Greg Newman 949-233-7588 | gnewman@itracktec.comgnewman@itracktec.com iTrack Technologies, Inc. 23052H Alicia Parkway, Suite #172, Mission Viejo, CA 92692 iTrackCare TM Better Health Through Better Communication Page 15 of 15
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