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Lizard Technology
          Invented by God
      Optimized by Evolution
  Fine-tuned by Lizard Technology
It all starts with a Lizard…
How can a lizard know
exactly where a fly is,
and grab it with its
tongue?

It uses its ears!

The precise hearing of
a Lizard has always
been a mystery to
human mankind.

A group of scientists from University of Southern Denmark cracked the
code, and now – 6 years later – Lizard Technology – can present its
patented technologies for Robot control and 3D sound systems. Nature
and Innovation brought together in a unique partnership!
               Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   2
The Lizard IPR portfolio
• Lizard solutions:
   Two new unique sound technologies:
   – Active Sound Localization (ASL) – Precise and cost effective
     3D localization of sound sources
   – Virtual Spatial Sound (VSS) – Cost effective segregation of
     multiple voice sources using voice conversion and 3D
     Audio
• Patents Applied for VSS and ASL
• 3 new patents are under filing in 4Q 2011


              Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   3
ASL – Active sound Localization
• Research in animal hearing has shown
  Lizards to have the most directional hearing
  among all vertebrates
• ASL and ASL360 is based on a mathematical
  model of the Lizard Hearing organ.
• Its uniqueness lies in its low computational
  complexity, low memory footprint,
  robustness and preciseness, which makes it
  ideally suited for mass market applications.
• ASL is uniquely optimized for localizing human speech.
• ASL works in reverberant Indoor, Outdoor and Underwater environments,
  handling reflections without localization errors.
• The target industries are: Robots, Toys, Telecom, Surveillance, Military, and
  many more…

                  Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   4
Go-to-Market Strategy
• Lizard offers two basic products:
   – Licensing of technology
   – Manufacturing of 3rd party modules through external EMS
• Creating interest for Lizard
   – By innovative demo creation in the target industries
   – By signing deals with the largests brands in the businesses
• Keeping the no 1 position
   – Continue to prioritize radical innovation

               Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   5
$
             Lizard in Milestones

  Phase 1:                          Phase 2:                                       Phase 3:
    Research                     Proof of Concept                                Commercialization

 Discovering the                 Implementation in                               Getting Customers
 Lizard hearing                    HW and SW                                          on board




                                                                 November 2011
   possibilities
                                        Testing                                    Ramping Up
Translating Animal                       and                                       Operations
  behaviour into                      Fine tuning
   Algorithms                                                                       Generating
                                  Creating Demos                                     Cash-flow
   Patent filing



               Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M                           6
Investment Opportunity
• Lizard Technology is currently working with customers in the Robot/toys
  market, the telecom Industry and in the headset industry.
• After years of research and proof-of-concept, we are ready to make the
  commercial break-through. Turnover is forecasted to be EUR 200K next
  year, and EUR 2.4M in 2014
• Lizard technology is looking for an investor, who can empower the
  company financially to meet the opportunities and challenges of working
  with large customers and to prepare Lizard for the growth.
• R&D site in Finland is under consideration, to meet the requirements of
  the telecom industry
• Current investors are willing to party join in on this new investment.
• Investment needed is between EUR 700K – 1M, depending on the
  ambitions.
• Investor prospects and budgets are available on request.
                 Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   7
The team behind the Lizard…
 Peter Viereck
 Chairman of the Board
 Biography: M.Sc. and Ph.D. from Technical University of Denmark, specialization in radar
 technology and digital signal processing. VP and CEO positions in NKT Elektronik, DSC, Tellabs and
 TPACK. Member of the Board of Directors at HPI.
 Member of Danish Council for Technology and Innovation (RTI) advisors to the minister of Science
 and Technology.

 Karsten Vandrup
 CEO
 Biography: Degree in Engineering E.E. from the Technical University of Denmark with
 specialization in Digital Signal Processing. Further studies at Insead, UCLA, Hanken. Various Senior
 positions in Nokia Corporation, in the R&D center in Copenhagen and HQ in Espoo, Fi. Experience
 from Silicon Valley as VP of Engineering at Litepoint, later MD of Litepoint Europe.
 Holds seats in the boards of RTX Telecom A/S, Vigrid Invest Ltd. and SIA Latvisoft.

 Finn Thøger Møller
 CTO
 Biography: M.Sc.EE from Aalborg University with majors in Digital Signal Processing and ASIC
 Design. Director of DSP/IC department at GN Resound – architecting the worlds first
 programmable DSP for hearing aids – and Zensys A/S. R&D manager at Microsound (hearing
 instrument startup) and Triax A/S. Heading next generation Wind turbine control systems at kk-
 electronic.

            Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M                           8
www.lizard-technology.com
          Thank You!
     Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M   9

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Lizard Tech Hears Opportunity in Robot Sound

  • 1. Lizard Technology Invented by God Optimized by Evolution Fine-tuned by Lizard Technology
  • 2. It all starts with a Lizard… How can a lizard know exactly where a fly is, and grab it with its tongue? It uses its ears! The precise hearing of a Lizard has always been a mystery to human mankind. A group of scientists from University of Southern Denmark cracked the code, and now – 6 years later – Lizard Technology – can present its patented technologies for Robot control and 3D sound systems. Nature and Innovation brought together in a unique partnership! Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 2
  • 3. The Lizard IPR portfolio • Lizard solutions: Two new unique sound technologies: – Active Sound Localization (ASL) – Precise and cost effective 3D localization of sound sources – Virtual Spatial Sound (VSS) – Cost effective segregation of multiple voice sources using voice conversion and 3D Audio • Patents Applied for VSS and ASL • 3 new patents are under filing in 4Q 2011 Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 3
  • 4. ASL – Active sound Localization • Research in animal hearing has shown Lizards to have the most directional hearing among all vertebrates • ASL and ASL360 is based on a mathematical model of the Lizard Hearing organ. • Its uniqueness lies in its low computational complexity, low memory footprint, robustness and preciseness, which makes it ideally suited for mass market applications. • ASL is uniquely optimized for localizing human speech. • ASL works in reverberant Indoor, Outdoor and Underwater environments, handling reflections without localization errors. • The target industries are: Robots, Toys, Telecom, Surveillance, Military, and many more… Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 4
  • 5. Go-to-Market Strategy • Lizard offers two basic products: – Licensing of technology – Manufacturing of 3rd party modules through external EMS • Creating interest for Lizard – By innovative demo creation in the target industries – By signing deals with the largests brands in the businesses • Keeping the no 1 position – Continue to prioritize radical innovation Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 5
  • 6. $ Lizard in Milestones Phase 1: Phase 2: Phase 3: Research Proof of Concept Commercialization Discovering the Implementation in Getting Customers Lizard hearing HW and SW on board November 2011 possibilities Testing Ramping Up Translating Animal and Operations behaviour into Fine tuning Algorithms Generating Creating Demos Cash-flow Patent filing Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 6
  • 7. Investment Opportunity • Lizard Technology is currently working with customers in the Robot/toys market, the telecom Industry and in the headset industry. • After years of research and proof-of-concept, we are ready to make the commercial break-through. Turnover is forecasted to be EUR 200K next year, and EUR 2.4M in 2014 • Lizard technology is looking for an investor, who can empower the company financially to meet the opportunities and challenges of working with large customers and to prepare Lizard for the growth. • R&D site in Finland is under consideration, to meet the requirements of the telecom industry • Current investors are willing to party join in on this new investment. • Investment needed is between EUR 700K – 1M, depending on the ambitions. • Investor prospects and budgets are available on request. Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 7
  • 8. The team behind the Lizard… Peter Viereck Chairman of the Board Biography: M.Sc. and Ph.D. from Technical University of Denmark, specialization in radar technology and digital signal processing. VP and CEO positions in NKT Elektronik, DSC, Tellabs and TPACK. Member of the Board of Directors at HPI. Member of Danish Council for Technology and Innovation (RTI) advisors to the minister of Science and Technology. Karsten Vandrup CEO Biography: Degree in Engineering E.E. from the Technical University of Denmark with specialization in Digital Signal Processing. Further studies at Insead, UCLA, Hanken. Various Senior positions in Nokia Corporation, in the R&D center in Copenhagen and HQ in Espoo, Fi. Experience from Silicon Valley as VP of Engineering at Litepoint, later MD of Litepoint Europe. Holds seats in the boards of RTX Telecom A/S, Vigrid Invest Ltd. and SIA Latvisoft. Finn Thøger Møller CTO Biography: M.Sc.EE from Aalborg University with majors in Digital Signal Processing and ASIC Design. Director of DSP/IC department at GN Resound – architecting the worlds first programmable DSP for hearing aids – and Zensys A/S. R&D manager at Microsound (hearing instrument startup) and Triax A/S. Heading next generation Wind turbine control systems at kk- electronic. Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 8
  • 9. www.lizard-technology.com Thank You! Lizard Technology ApS - Forskerparken 10 - DK-5230 Odense M 9