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KALIBER IMAGING 744 Littleton Trail · Elgin, IL 60120 www.kaliberimaging.com
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Page 1: Kaliber Imaging

K A L I B E R I M A G I N G

744 Littleton Trail · Elgin, IL 60120 www.kaliberimaging.com

Page 2: Kaliber Imaging

Problem

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Present 2040

Cost of Falls in Elderly ($Billions)

The cost per fall on average is $19,440. 25% of patients that are hospitalized due to falls never

return to independent living. Reliable, affordable assessment tools to reduce the risk of

falls do not exist in the market today.

Page 3: Kaliber Imaging

Solution: Mobility Monitor

Reduced Risk of

Falls

Huge Cost Savings

Early detection to allow for intervention Measure

progress over time

Page 4: Kaliber Imaging

Description

Mobility Monitor (MMAS) State-of-the-art technology that will bridge the gap between highly subjective measurements and costly stationary systems. A breakthrough tool Economical Portable Highly accurate

Page 5: Kaliber Imaging

A non-invasive computer system that tracks, assesses and archives movement data – without the use of markers!

Greatly improves the validity of

testing by replacing subjective observations with quantitative measurements.

Technology Overview

Page 6: Kaliber Imaging

Process Overview

PHYSICIAN

Reviews MMAS™ results and plan of care. Signs off.

PHYSICAL THERAPIST

Provides appropriate therapy as per plan of care

PHYSICAL THERAPIST

Develops customized plan of care

PHYSICAL THERAPIST

Evaluates with the assistance of the MMAS™

SENIOR CITIZENS Baseline falls risk assessment Person with a history of falls;

requires falls risk assessment

Therapy

Page 7: Kaliber Imaging

Key Features & Benefits

Portability

Ease of Use

Accuracy Key

Features & Benefits

Markerless

Affordability

Page 8: Kaliber Imaging

TYPE OF FACILITIES NUMBER OF FACILITIES

Physical Therapy 106,000

Occupational Therapy 29,000

Hospital-based rehab 15,000

Free standing rehab 12,000

TOTAL 162,000

1% market penetration 1,620 units @ $8,000/unit

Annual sales at 1% penetration

$12,960,000

Target Market Size

Page 9: Kaliber Imaging

Potential Markets

Initial focus on fall risk in the elderly

Other targeted markets: Telemedicine Concussion Assessment Early Detection of Alzheimer’s

Page 10: Kaliber Imaging

Emerging Market Opportunity

Telemedicine

• Reduces diagnosis time.

• Increases access to care.

•Reduces hospital readmission rates.

•Significant cost savings!

Page 11: Kaliber Imaging

Leadership Team

Judith Reinhold, RN, Co-Founder & President Registered Nurse in the State of Illinois. Judith has an extensive medical background with ten years experience owning and operating a company.

Ralph Reinhold, D.Sc., Co-Founder & Dir. of Science & Innovation

Bachelor’s Degree in Physics from the University of Wisconsin; Masters and Doctoral Degrees in Optical Sciences & Sensors from the Southeastern Institute of Technology. Ralph has over 30 years of experience in embedded systems image processing, systems engineering and optical design.

Wendy Kjeldbjerg, Controller & Project Manager

Masters Degree in Industrial Psychology from Central Michigan. Over 20 years experience in business and financial management.

Serra Ventures, LLC, Professional Advisory Firm Tim Hoerr and Dennis Beard, Principals. Seasoned business executives with over 60 combined years of experience. Have invested in 24 high tech enterprises and consulted with numerous companies.

Page 12: Kaliber Imaging

Jack Winters, Ph.D., Biomechanical Engineer Marquette University

Danille Parker, P.T., D.P.T., G.C.S., C.E.E.A.A., Clinical Assistant Professor, Marquette University

James W. Bacus, Ph.D., Commercialization and Business Consultant.

Roger O. Smith, Ph.D., OT, Director of Rehabilitation Research and Design and Disability Center at University of Wisconsin-Milwaukee

Kate Brewer, PT, MBA, President of Greenfield Rehabilitation Agency, Inc.

Advisory Team

Page 13: Kaliber Imaging

Competitive Advantage

Kaliber Imaging’s

MMAS

Tinetti/Berg (subjective)

Vicon Motion Analysis System

Motion Analysis Corporation

Products

Objective Data Yes No Yes Yes

Portable Yes Yes No No

User-Friendly Interface Yes Yes No No

Purchase Price <$10,000 n/a $150,000 -$400,000

$50,000 -$150,000

End-User Cost $250 n/a $1,500 - $2,000 $1,500 - $2,000

Non-Invasive (markerless) Yes Yes No No

Page 14: Kaliber Imaging

Intellectual Property A patent with multiple claims, covering the key elements of the

MMAS, was filed in 2012 First office action now in process

Medicare Reimbursement Management is confident that MMAS will be covered under

existing Medicare CPT codes for “falls risk” New CPT code should not be required to obtain Medicare

approval Kaliber has engaged with Medicare consultants to assist in

validating these underlying assumptions

IP Status & Medicare Reimb.

Page 15: Kaliber Imaging

Awarded a National Science Foundation (NSF) Phase I SBIR grant in 2012 -- $150,000.

Awarded NSF Phase II grant -- $480,000 in funding. Contract

scheduled started Oct, 2013. Planning to submit a Phase I SBIR grant application to the

National Institutes of Health in Apr, 2014 -- $200,000.

Grant Funding

Page 16: Kaliber Imaging

Strategic Milestones Accomplished

Founder Capital

• Company was capitalized with a significant contribution from the co-founders, approximately $300,000.

Prototype

• A functional alpha prototype of the MMAS has been developed.

Feasibility Study

• A product feasibility report for the MMAS was obtained from Wisconsin Innovation Service Center, with encouraging findings that validated the market demand.

Market Study

• A customer assessment and market study was prepared by the University of Wisconsin, Nicholas Center.

Page 17: Kaliber Imaging

Strategic Milestones Accomplished

Design Experts Engaged

• Optimal Design has been engaged to provide professional design and prototyping assistance.

Strategy Experts Engaged

• Serra Ventures engaged to provide strategy and fundraising expertise.

Advisory Board

Assembled

• The company has assembled a notable set of professional advisors, including scientific, academic and business professionals.

Grant Funding

• Kaliber has been successful with a NSF Phase I. NSF Phase II started in Oct, 2013. Other grants applied for.

Page 18: Kaliber Imaging

Summary

Mar

ket Large and

Growing Market Opportunity

Tech

nolo

gy

Cost-Effective, Breakthrough Technology in Prototype Form

Team

Strong Team Complemented By Exceptional Advisors Fu

ndin

g Non-dilutive Grant Funding

Seeking $650,000 in Seed Funding: Strategic hires Beta prototype development