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Biometric Medical Security Solutions Investor Deck Q1, 2015
50% of the US population takes prescription medication
The Problem:
1 in 5 teens has abused Rx drugs
70% steal drugs from home, family, friends
98% don’t lock up drugs at home
We make unauthorized access easy!
Familiar Brands, Unexpected Results
Opioids – a gateway to Heroin!
Overdose can occur when sedatives mixed with alcohol
Stimulants damage decision making capabilities
Prescription Drugs Cause more than 100 Deaths Each Day in US!
Companies Lose Billions!
Healthcare facility the- Skyrocke1ng insurance costs Increased Pharma scru1ny
Social Price Tag: $600B Annually
Health care costs, traffic accidents, drug related crime and criminal justice, lost work productivity.
A $60 Billion Market Opportunity
Home: 92 Million households Healthcare: $35B technology Government: $24B+ funding
Government Support for Successful Initiatives Expanding!
President requests $25.4 billion in Fiscal Year (FY) 2015 to reduce drug use and its consequences in the US
Rx Safe’s Comprehensive Solution
Secure medication lockboxes for use in home and healthcare facilities
Secure medication management and monitoring products
Secure mobile medical stations to administer in home care
Drug drop-boxes to dispose unused medication
Rx Safes’ secured OEM products – medicine carts, PCA, access control and storage
Rx Safes has a Mission as Simple as it is Powerful!
Become the leading provider of standalone biometric medical security solutions for consumer and healthcare markets!
Common Authentication Platform
• Patented, Best of Breed Biometric Identity Management across product lines
• Unique Fingerprint for Authentication • Significant Barrier to Entry Covering Battery
Operated, Portable Biometric Devices – Highly Accurate Secure and Convenient – External Integration Through Bluetooth and Wi-Fi
to Mobile Devices and Legacy Systems – Multiple users and security levels – Audit Tracking and Reporting – Simplifies
Compliance and Control
Safe at Home Rx DrugSAFE
(In Production)
Safe in the Facility RxDrugSAFE PRO/
Cabinet (Prototype)
Safe in the Field Mobile Medical
Station (Prototype)
Safe in the Future
• Biometric Controlled Dosing Device
• Portable HIPAA compliant biometric EMR • Biometric Tele-Medicine Solutions
• Biometric Physical and Electronic Health Records
• Remote Healthcare Monitoring
First Mover Advantage!
• Multi-Pronged approach to Drug Security and Safety
• Only Biometric Interface in Portable, Battery Operated Devices to target this market
• Poor Product Features Hamper existing Competition Obscuring True Market Need
- Professional Narcotic Safes, Medsafe, MedGuard, LockMed, Pill Pod, Safer Lock
- Only Target One Aspect of Drug Diversion issue - Use old, unsecure and inconvenient methods - Not secure or auditable, easy to tamper with
Signed Agreements with McKesson And Cardinal Health - 67% of the retail and professional markets
Federally Funded Government Initiatives
FDA Device Approval – future plan to make product reimbursable through health insurance
Extensive Distribution Already Secured
Additional stakeholders will invest Strategically!
Insurance companies & healthcare providers Demonstrable ROI for drug-abuse prevention
Pharmaceutical companies Under pressure by FDA to show proactively tackling issues caused by their products
The Experience to Execute
Lorraine Yarde, CEO - Pioneer and Leader in standalone biometric products
• Successfully launched first Nationwide Mass Market Distribution of Consumer Biometric Products– Home Depot, Sears, Costco, Sharper Image
• Proven ability to create strategic Product Development and Marketing relationships with Brand Name OEMs to develop Fingerprint Products – Master Lock, Black and Decker, Overhead Door Corporation, Honeywell
Projected 77% CAGR
YEAR ONE YEAR TWO YEAR THREE
REVENUE $2,250,716.31 $5,722,849.74 $12,533.316.60
EXPENSES $4,355,006.20 5,458,658.41 $11,517,705.80
INVESTMENT $2,500,000
CASH ON HAND $415,710.11 $679,901,.44 $1,695,512.24
PROFIT ($2,084,289.89) $264,191.33 $1,015,610.80
$2.5M capital investment will make it happen
PIPE transaction at $xx per share with warrant coverage
Current: 500M common shares par value$0.001 and 50M preferred par value
$0.0001authorized, 125,009,957 common shares, 22,000 preferred shares issued,
11,000,000 options and 550,000 warrants outstanding
An Opportunity for Ground-Floor Investment
First Mover Advantage in Emerging Market Patented Best in Class Technology – Barrier to Entry Robust Product Pipeline Signed Distribution Agreements Proven Leadership $60 billion combined markets
An Opportunity to Make a Difference!
Improving lives, healthcare & the entire US Economy