5. Balance and Physical Activity Levels Information Data - PARISS™ will also transmit the sensed signals to the user’s cell phone or other wireless device; process the transmitted signals real time; provide the user with real-time information on his/her balance and physical activity levels and the associated warning signs of the ligaments action via sensors.
6. RFID Monitoring Network - PARISS™ will interconnect its sensors with commercially available RF devices to form a real-time monitoring network, and record critical signals related to the balance and equilibrium of the user.
9. Our marketing and product strategy will be based on performance and quality because PARISS™ needs to be ready within a critical split-second when called upon even before the user is aware of the critical nature of his/her situation.
14. Female Athletes - An estimated 200,000 ACL injuries occur annually in the United States. Approximately 60,000-75,000 ACL reconstructions are performed each year.“ - ACL Injuries in Female Athletes,” by You Can Be Fit, Inc. All Rights Reserved.
17. For individuals with health insurance, out of pocket expense can vary significantly depending on the type of insurance. For instance, a patient with insurance may have to pay additional $4,257 including coinsurance and deductibles.
20. SBI forecasts the U.S. market for personal protective equipment to grow at a CAGR of 3% to reach the $7.2 Billion mark by 2012.
21. Body protection grew at a CAGR of 10% for the 2002-2007, period. It reached the $2.8 billion mark, and accounted for 44% of the total personal protective equipment market. Over the years this category has seen its share of the market grow at a steady pace from just 30% in 1997 to 43% in 2002.
24. SIM™ will succeed based upon the capability of its products. Our wearable smart sensor solutions will be competitively priced, easier to implement, provide faster performance and reliability with a robust and stable design. Sensors In Motion™ expects high future market share in our PPE market segment (body protection).
27. There is a bright future for personal protective clothing and other personal protective equipment (PPE) - especially products which incorporate emerging technologies and materials such as nanotechnology, smart technology and hybrid materials - new research claims.
38. In contrast, we assume steady growth once the efficacy of our product and services are demonstrated.
39. That there are no unforeseen changes in technology which could make products immediately obsolete, while newer technologies and in-house innovations will only advance the scope of our product line and target markets.
40. Access to equity capital and financing sufficient to maintain our financial plan as shown in the tables.
44. One scenario is that Purdue University would own the Patent for the PARISS™ wearable sensor device developed through Dr. Peroulis' team with all intellectual property owned by Purdue. Purdue University would then lease the patent rights to Sensors In Motion™ for a reasonable fee. Sensors In Motion™ would own all patent rights pertaining to the protective reactive device and all intellectual property associated with the this device.
45. Another possible scenario -preferred by Sensors In Motion™ - would be co-ownership of all patent rights between Purdue University and Sensors In Motion™ for both the sensing and reactive devices.
48. There is a bright future for personal protective clothing and other personal protective equipment (PPE) - especially products which incorporate emerging technologies and materials such as nanotechnology, smart technology and hybrid materials-