AirVentions Inc.

Airport Ramp Inventions

Contact: Spencer Irvine sirvine@airventions.com

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2013 AirVentions Inc Confidential & Proprietary

INVESTMENT HIGHLIGHTS
Industry
Big Data + Wireless + Light Robotics 1st Vertical: 1.7Bn/Yr Market Potential acquisition target

Status
Pre-revenue, pre-product 2 issued patents: working prototype Customer validation: approved pilot Industry leader on advisory board
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2013 AirVentions Inc Confidential & Proprietary

RAMP INCIDENTS COST $10BN/YR

Avoidable Cost to Airlines $200K per incident1 92% => human error1 55% => unreported2

2013 AirVentions Inc Confidential & Proprietary

1. IATA.org 2. Flightsafety.org

SOLUTION MERGES 2 FIELDS

Robotics
Collision Avoidance

Big Data
Incident Analytics

2013 AirVentions Inc Confidential & Proprietary

PATENTED SENSOR SYSTEM

Highlights Bolt-on: Quick Adoption Only on vehicle: Few regulations Visual alert

Sensor-embedded bumper (Proximity, Touch) Electronics box (Accelerometer, GPS, Comm)

DATA ENABLES MANAGEMENT

Core

Goals:

Accountability, Recognition:
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COMPETITIVE LANDSCAPE
Barriers Pending Exclusivity with leading OEMs (>80% Initial Vehicle) IP portfolio: 2 Issued Patents

Collision Avoidance
2013 AirVentions Inc Confidential & Proprietary

Asset Tracking

Incident Management

OUR MANAGEMENT TEAM

Team
Spencer Irvine Founder & President Michael Fox EVP Business Development Alex Filippov Programming

Industry experience MIT Sloan MBA Georgia Tech Aero Eng

Strategic partnerships 20+ years productization

15+ years sensor devices

Advisors

Ray Valeika Industry Advisor

Larry Kaufman Venture Advisor

Ron Irvine Business Advisor (Sales/Marketing)

40+ years airline industry expert

Built 12 high-tech companies

30+ years Sales and Entrepreneurship

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INITIAL $1.7Bn/Yr MARKET

AVIATION INDUSTRY

Initial
$1.7BN/Yr
Collision Avoidance + Incident Management Operations Logistics Baggage Tracking
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2012 AirVentions Inc Confidential & Proprietary

Risk Management

REVENUE MODEL
AVI
Purchase

Airlines
Insurance

Subscription

Agencies

85% 60%

1.5 year ROI to Customers

2012 AirVentions Inc Confidential & Proprietary

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QUICK POSITIVE CASH FLOW

Breakeven

Positive Cashflow in 2 yrs 1000 Units Sold 1 major contract (3000 units) 2 Years to scale up a contract1

2013 AirVentions Inc Confidential & Proprietary

1. Based on comparable ramp installations

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NEXT STEPS AND USE OF FUNDS

Accomplishments 2 Patents Issued Working Proof of Concept Customer Validation: Previous Funding $90K Founders, F&F Current Round $850K $60K Committed

2013

2014
Q4 $50K $270K $410K
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Milestones
Rugged Prototype BOS Test ATL Pilot Pre-orders Refine/Addtl Pilots

Q3 $120K

Q1

Q2

2013 AirVentions Inc Confidential & Proprietary

Questions?
Contact: Spencer Irvine sirvine@airventions.com

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2012 AirVentions Inc Confidential & Proprietary

DISSECTING HUMAN ERROR

Busy Ramp Environment
Surface Issues
Procedures Misjudgment Core Issues

Incentives
Accountability
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