Arjun Yetukuri, Ph.D. Founder
Focus: Intellectual Property Development Patent Portfolio: Consumer Products Business Model: Recognize the “Need” Innovate and Patent License or Sell IP Founder: Arjun Yetukuri, Ph.D. Strength: Recognize the Need and Innovate Multiple Patents Pending 15 yrs of Diverse Research and Product Development Experience Intro Thought Waves Inc.
Invention: A Removable Storage Device with a Display US Patent # 7,451,262 Includes Flash Drive Devices Includes Touch Screen Display Includes External/Removable Memory Storage Devices What? Removable Storage Device with a Display
Features of the Invention… Display to view contents without connecting to a computer Can also be a touch screen display Basic functions include: store, delete, cut, copy, paste Chargeable power source when attached to PC What? Removable Storage Device
Features of the Invention Multiple interface options Touch screen, digitizer, thumb wheel, joystick Multiple connections possible, USB or wireless Display on the exterior and/or interior of protective cover Use 2 displays as one continuous display for larger capacity units What? Removable Storage Device
Typical Prices of Flash Drives How? How Does a Licensor Benefit…? Added Functionality Demands Higher Prices
Licensing Fee For Flash Drive Sales Based on Brand Name Pricing Based on Special Feature Premium Pricing Factor (PPF) Assumptions 1: Licensing Fee is 3% of Retail Price 2: Yearly Sales = 2008 Market (12.1 M Units*) 3: 20% Market Penetration for Flash Drive w/ Display 4: 10% Yearly Reduction in PPF How? How Does a Licensor Benefit…? * Source: Semico Research Corporation Study # NV105-04
Potential Revenue for the Licensor… For 1 Yr For 5 Yrs How? How Does a Licensor Benefit…? Yearly Revenue $17,409,576 If Feature Demand Exists for 5yrs: Even If Premium Pricing Factor Reduces by 10% Per Yr 5 Yr Revenue: $69,638,305 Details ►
Potential Revenue for the Licensor - Details How? How Does a Licensor Benefit? = 0.2*12,100,000 = 2,420,000*6.38*38 = 580,319,206*0.03
Increased Memory Capacities of Flash Drives Increased number of files being stored Increased number of file types being stored Increased consumer need for more control of their data Increased difficulty in file management Why? Relevance of the Invention…
Flash drives are the #3 selling item In the U.S. and European promotional products market* Combined retail and promotional logo flash drive sales: Expected to reach 10 Billion USD in 2009* Flash drive memory cost jumped 87% in early January 2009* Why? Relevance of the Invention… * Source: PRLog.org (Press Release) – Jan 19, 2009
Ever Growing Flash Drive Market Consumer acceptance rate of this technology is high USB flash drive users own more than one device Increasing variety of flash drives Increasing difficulty in differentiating flash drives Not enough value features to differentiate flash drives Why? Relevance of the Invention…
Some manufacturers using the form factor to differentiate Why? Relevance of the Invention… • Some manufacturers using the function factor to differentiate
Consumer Benefits Interactivity: Ability to view & manage files anytime, anywhere Without being connected to a PC Flexibility: Convenience of receiving and sending data files Without being connected to a PC Why? Relevance of the Invention…
Manufacturer Benefits Differentiation: Display is a functional & unique product differentiator Price Advantage: Added functionality of the invention Can justify a price premium Can generate higher profits Why? Relevance of the Invention…
Flash drive market is growing at an enormous rate Capacity/drive is growing, making file management difficult Consumers want more control of their data IP covers removable memory devices Potential additional revenue source for a Licensor Licensing to manufacturers of removable hard drives Conclusions… Next?
Differentiating flash drives is difficult Added value features are limited Our IP addresses a gap in the USB flash drive market segment Potential revenue for a Licensor in 1 Yr: $17,409,576 Potential revenue for a Licensor in 5 Yrs:$69,638,305 Conclusions Next?
If Interested in this IP, with serious inquiries contact Thought Waves Inc.: firstname.lastname@example.org Next Step Next? THANK YOU!