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UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 1
NAME	WITHHELD	
“Top	Secret”		
A	Delaware	Corporation	
Sale	of	Internet	and	IoT	
Security	Technology
Confidential	Brochure	
	Please	see	conditions	page	32.
Millitzer Capital
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
TOP	SECRET			
Privacy,	Security	and	
Accountability	

for	a	Connected	World
2
Your	new	phrase	for	today:	
proactive	security.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 3
The	Internet	today	lacks	the	

end-to-end	privacy	needed	to	secure	
IoT	communications	and	other	critical	
online	messaging	operations.		
Lacking	privacy,	enterprises,	

devices	and	servers	are	dangerously	
exposed	to	a	growing	pandemic	of	
penetration	threats,	malware	and	
cybercrime.	
The	Privacy	Problem
The	root	cause	of	this	

universal	problem	is	the	lack	

of	total	message	encryption.		
Encrypting	content	is	common	
(HTTPS)	but	has	proven	to	be	
woefully	inadequate.		
The	dangerous	exposure	is	

in	the	unencrypted	and	easily	

hijacked	message	headers	

–	the	metadata.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 4
How	Important	is	Metadata	?
“We	kill	people	based	on	metadata.”		
			

		General	Michael	Hayden	

		Former	Director,	NSA	&	CIA
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Today,	we	have	lots	of	Security	but	zero	Privacy
5
This	problem	thrives	because	it	is	

fueled	exclusively	by	purloined	
metadata.	
Therefore,	privacy	across	the	Internet

can	only	be	achieved	by	encrypting	the	
whole	message	-	content	and	
metadata.	Shutting	down	the	root	
cause	of	threats	and	evil.
So,	the	security	model	must	invert	from	
reactive	defense	to:

Preventative	Proactive	Protection.
The	prevailing	security	model	
worldwide	is	one	of	reactive	
perimeter	defense	and	threat	
mitigation.		
Adding	more	layers	to	this	model	

has	failed	to	improve	security,	and	
will	continue	to	fail.	
Content	is	easily	encrypted.	But	
content	does	not	fuel	the	security	
threat	problems.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 6
Encrypted	Metadata:	

the	Silver	Bullet	for	Privacy
Exploiting	visible	metadata	is	

the	means	by	which	almost	all	
dangerous	things	happen	

on	the	Internet.		 	
From	metadata	alone	prying	

eyes	easily	discern	who	you	

are,	where	you	are	and	who	you	

are	messaging,	along	with	other	
highly	sensitive	personal	data.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 7
How	Important	is	Metadata	?
				
“We	know	where	you	are.	We	know	where	you’ve	been.	
We	can	more	or	less	know	what	you’re	thinking	about.”		

(All	from	Metadata	-	not	Content.)	
				 						 Eric	Schmidt,	Google	CEO
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
How	Unencrypted	Metadata	
Fuels	the	Problem	
Encrypted	Message	Content	&	
Attachments
Device/Server	identity,	Domain	
Names,	Personal	information,	
Routing	Information,	Forwards:	
Location,	To:		From:		Subject:		Date/
time:	CC:	BCC:	URLs,	etc.
Unencrypted	Metadata:
Message	Recipient
Hijackers	of	Metadata
Encrypted

		Content
	Exposed	
Metadata
Threats,	Ads,	

Malware	&	
Cybercrime
8
The	defensive	
focus	of	the	
Security	Industry	
does	not	solve	the	
privacy	problem.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Metadata	Myth:	
Packet	headers	and	related	

metadata	cannot	be	encrypted.	
It	is	a	commonly	held	belief	that	

all	metadata	must	remain	
unencrypted	to	facilitate	DNS	
lookups,	the	routing	of	packet	traffic,	
and	defensive	measures.	
9
Can	Metadata	be	Protected	?
Top	Secret	Reality:	
To	achieve	true	privacy,	packet	
headers	and	related	metadata	
must	be	encrypted.	
Private	routing,	unique	to	Top	Secret,		
encrypts	all	parts	of	packet	traffic	-	
headers,	metadata	and	content.	
	
By	leaving	nothing	exploitable	by	
prying	eyes,	Top	Secret	shuts	
down	malware,	threats	and	
cybercrime.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 10
is	the	First	Strategically	

Focused	Privacy	Solution
Top	Secret
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Top	Secret	is	a	drop-in	network	
messaging	overlay	that	seamlessly	
bundles	all	security	and	privacy	
requirements	into	a	single,	

enterprise-managed	solution.	
Top	Secret	frees	developers	and	
system	managers	from	the	costly	
overhead,	ongoing	maintenance	and	
cyber-risks	of	custom-built	and	one-
off	security	and	privacy	solutions.	
11
Top	Secret	The	First	Strategically	

Focused	Privacy	Solution
To	achieve	total	privacy,	Top	Secret	
renders	the	entire	message	dialog	secure	
by	encrypting	the	entire	message:	
.		all	metadata,	routing	and	addressing,	
.		all	message	content	and	attachments,	
.		and	all	central	policy	databases.	
Nothing	of	potentially	compromising	value	
is	left	exposed	to	prying	eyes	anywhere	
between	endpoints.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 12
Top	Secret	Private	Messaging:		
.		Delivers	total	end-to-end

			messaging	privacy.	
.		Protects	users	of	IoT	devices

			and	networks	from	threats.		
.		Relieves	app	developers	from

			security	and	privacy	concerns.		
.		Provides	accountability.	
.		Saves	time	and	money,	and,		
			ensures	stable	and	safe	IoT

			communications.	
It	is	now	absolutely	crucial	that	IoT	

be	safely	protected	by	a	Private	Messaging	
Solution	that	is:	
.		Adaptable	to	any	Protocol	
.		Comprehensively	Secure	
.		Policy	&	Rules	Driven	
.		Tested	&	Trustworthy	
.		Easy	to	Implement	
.		Cost-effective
Mission:	

Private	Messaging	for	IoT
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 13
How	does	Top	Secret	work?
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Central	Policy	Gateway	services,	

on-premises	or	in	the	Cloud,	provide:		
.		Integrated	policy-based	management

			of	accounts	and	devices.		
.		Security,	port	and	firewall	controls.		
.		Anonymous	addressing	and	routing

			using	cloaked	IP	addresses.		
.		Message	transaction	accountability

			and	reporting.
14
Policy	Driven	Messaging
Small-footprint	clients	provide	no-code	
device	integration	for	any	messaging	
protocol	-	with	encrypted	links	to	gateways	

and	servers.
Top	Secret-Secure	Device	Client	
			Any	messaging	protocol				
			Strong	port	&	firewall	security	
			Encryption/decryption	
			Source	IP	&	Device	verification	
		
Encrypted	
Gateway	-

Server	Traffic
Top	Secret	app	
interface
			Device	Applications
Top	Secret
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Top	Secret	Provides	Strong

Protection	Against:	
.		Exploitation	of	addressing,	metadata	and	content.	
.		All	DNS	exploits	&	cryptography	attacks.		
.		Encryption	key	and	password	disclosure.	
.		IP	address	and	message	source	spoofing.		
.		Account	imitation	&	insider	threats.	
.		Malware,	ransomware	&	DDoS	attacks,		
				and	other	critical	threats	to	the	privacy	

	 		and	security	of	fixed	and	mobile	IOT	

	 		messaging	operations.
15
Top	Secret	Private	

Messaging	greatly	reduces	
the	needs	for	and	high	costs	
of	defensive	perimeter	
security	and	threat	
mitigation.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Gateway	

Services	
		IP	White	List	
		Device	Fingerprint

		Policy	checks	
		
Top	Secret	Message	Operation	
From	Device	Application	to	Server	Application
Device	Application
Message		
To:	

Server	
Application
Top	Secret-Device	
Client		
		Protocol	Broker	
		IP	White	List	
		Device	Fingerprint	
		Message	Encryption
Server	

Application
Message		
From:
Top	Secret-Server	
Client	
		Protocol	Broker	
		IP	White	List	
		Device	Fingerprint	
		Message	Decryption
POLICIES	
DATABASE
ACCOUNTS	
DATABASE
PUBLIC	KEY	
DATABASE
NON-PUBLIC

IP	ADDRESSES
Top	Secret-Policy	
Gateway
MESSAGE		
SERVER
TRANSACTION		
DATABASE
					Device	
Application
Internet	

Cloud
4			Encrypted	Message 5		Setup	Server	Relays 8		Deliver	Msg
(	Not	the	IP	Address	)
Gateway	Services	
		Policy	Management

		IP	White	List	
		Device	Fingerprint

			
		
SaaS	or	Enterprise
1		Confirm	account	policies
7		Confirm	policies
2			Start	Message	-		TO:	server	address
3			Return	Server	App	Public	Key
6		Notify	Incoming
16
Encrypted	

Databases
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 17
Top	Secret	Main	

Solution	Attributes	
Compared	with	HTTPS,	VPNs	&	TOR
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 18
At	this	point	as	a	reader	you	may	be	in	disbelief.	
Top	Secret	has	upset,	turned	over	and	
questioned	many	of	the	time	honored	internet	
security	tenants.	
Few	people	really	do	look	outside	the	box	
							Not	all	figure	out	the	optical	illusion.*	
Take	a	leap	of	faith.	This	is	solid	real	technology.
*Solution	in	credits.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 19
How	big	is	the	market?
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
								IoT	Market	Opportunities	
						Private	messaging	needs	are	everywhere	.	.	.	
Health	Care	Networks	&	Devices	
Home	&	Appliance	Automation	
Retail	displays,	Vending	machines,	Home	
automation,	heat	sensors,	health	clubs,	nail		
and	hair	salons,	boats,	hover-boards,		
recreational	items,	toys,	Christmas	trees.	
Passenger	&	Commercial	Vehicles	
Mobile	Devices	&	Sensors	
Commercial	Building	Automation	
Energy/Utilities	–	the	power	grid	
Government	Apps	&	Smart	Cities	
Manufacturing	&	Distribution.
20
Exclusive	of	all	legacy	Internet,	messaging	and	e-mail.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Top	Secret	Basic	Business	Model	
Customers	are	OEMs,	enterprises	and	app	providers.	

					Not	end-users	or	providers	of	texting,	social	media,	VOIP,	email,	etc.	
Sources	of	revenue:		
.		Channel	Partner	licensing.	
.		Enterprise	licenses	for	on-premise	solutions.	
.		Carrier	and	ISP	hosting	licenses.	
.		Top	Secret	cloud-hosted	services.	
.		One-time	fees	from	bulk	IoT	device	licenses.	
.		Tiered	support	and	update	services.	
.		Implementation	consulting	services.	
21
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
App	developers	will	love	

Top	Secret	because	it	frees	them	from:	
	.		Including	security	while	developing	applications.		
	.		Encryption	expertise	and	implementation.	
	.		Key	exchange	and	management.	
	.		HTTPS	&	Secure	Certificate	hassles.	
	.		DNS	setup	and	maintenance.	
	.		Port	&	firewall	management.	
	
22
Programmers	focus	on	app	
functionality	.	.	.	

Top	Secret	provides	a	
sophisticated,	rigorously	tested	
and	

cost-effective	drop-in	overlay	for	
total	messaging	privacy.
.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 23
IoT	Market	Conditions	&	Competition
Competition	
✓ Defense	and	mitigation	
solutions	from	legacy	security	
solution	vendors.	
✓ New	IoT	security	vendors	
offering	old	wine	in	new	
bottles.	No	truly	private	
messaging	solutions	have	
surfaced	thus	far.	
✓ Custom-built,	one-off	
application	encryption.	
Worldwide	Market	Size	
To	large	to	guess.	
Current	Encryption	Methods		
HTTPS,	SSL/TLS,	VPNs,	TOR	
(None	suitable	for	IoT	messaging)	
Current	(Legacy)	Security	
Industry	
Perimeter	defense	&	threat	
mitigation	solutions.		
(Private	Messaging	is	a	different	but	related	space.)
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 24
How	is	Top	Secret	protected?
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document
Originally	developed	and	proven	

as	a	private	email	solution,	the	
messaging	foundation	is	under	going	
expansion	to	the	much	larger	and	
more	lucrative	IoT	private	messaging	
marketplace.		
25
Patents
The	original	messaging	technology	
has	been	developed,	extensively	
vetted	and	lab	tested	at	a	cost	of	

~	US	$3.5	million.	
				(Test	reports	available	on	request)		
US Patents:
No. 8,***,421 – Issued
2012 - Effective Date:
2004
No. 8,***,410 – Issued
2014
All patent rights
assigned to Top Secret
Top	Secret
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 26
Top	Secret,	Inc	The	Company
The	original	inventor,	former	CEO	
and	leader	of	all	prior	technology	
development	is	at	the	helm	of	the	
new	company.	
Top	Secret,	Inc	is	a	Delaware	C	
Corporation,	founded	on	the	$3.5	
million	in	developed	technology	and	
intellectual	property	from	a	
predecessor	company.	
Seed	funding	in	process	with	money	
in	the	bank.	
Technology	is	running	today	

in	evaluation	and	test	mode	

on	Amazon	Web	Services.		
Mr.	Clark	Kent	(Superman)	Chairman	&	CEO	
A	30-year	track	record	in	launching	and	
growing	successful	software	and	Internet	
companies.	Inventor,	Chairman	and	CTA	of	
a	highly	secure	email	solution.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 27
The	Company	continued:
IoT	software	modifications	

and	adaptation	in	process.		
Technical	requirements	for	
conversion	to	expanding	

IoT	market	needs	under	
comprehensive	design	review.	
New	patent	opportunities	

under	evaluation.	
Financial	Status
Top	Secret	is	weighing	its	options,	
including	a	preferred	offering	and	
leasing	the	technology.		
This	effort,	the	sale	or	the	company	
and	underlying	technology	would	
enable	the	product	to	go	to	market	
and	hopefully	obtain	market	
superiority	in	a	quick	fashion.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 28
May	06,2016	-	1Q	Earnings	Call	
				 						 Michael	A.	Brown,	Former	CEO	Symantec
“The	threat	environment…will	cost	our	global	
economy	in	the	neighborhood	of	$2	trillion	to	
$3	trillion,	annually…”
In	summary:
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 29
What	is	it	worth?
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 30
Millitzer Capital has been engaged by Top Secret, Inc. to represent the firm in the sale of the
shares of the corporation, it’s technology or assets.
Rationale:
The shareholders believe that this can be a multi-billion revenue company, but realize under
the ownership of a larger company it can expedite that goal.
Transition:
The owner is committed to a smooth transition in the best interest of both buyer and seller
including what a buyer would expect in the sale of this type.
Purchase Price:
There is no set or listing price. Millitzer Capital and Top Secret believe this product is unique
in a very competitive industry; it has no known competition. Although the word “disruptive”
has been overused over the past year, in our opinion, Top Secret defines that term. This
product exceeds the security IT professionals expect for Fortune 500 firms and
governmental agencies. We foresee this technology as a threat to the largest Internet
security companies. We are considering a bidding program, but aggressive pre-emptive
offers will be considered.
Process
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 31
Millitzer	Capital	has	been	engaged	by	Top	Secret,	
Inc	in	the	sale	of	the	company	or	technology.
Contact	Millitzer	Capital		
for	detailed	information,	due-diligence	
and	the	bidding	package.
Tom	Millitzer	
President		
Millitzer	Capital	
239-282-5550	
tom@millitzercapital.com	
Preemptive	offers	considered.
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 32
PLEASE NOTE:
Although this document, including the name of the company has been released on a one by one basis without an NDA. To provide the public with the general overview we
have used the name Top Secret for the company and Clark Kent (Superman) for the name of the CEO.
New Commerce Communications, Inc. (“NCC”), dba Millitzer Capital, has been appointed the exclusive agent by Top Secret, Inc (“Top Secret" or the "Company") concerning the
transactions discussed herein. All questions and inquiries regarding this transaction should be directed to NCC. Employees of the Company should not be contacted. By receiving this
document you have been registered as a (“Recipient “) of this brochure and understand the terms outlined herein.
The information in this brochure was provided by the Company or its agents and from other sources believed to be reliable. No representation or warranty is made by NCC as to the
completeness or accuracy of such information including financial information, financial pro-forma or interpretation of such information by NCC or subsequent information, which may be
supplied.
Recipients of this brochure are presumed to be familiar with the software, Internet and telecommunications industry. Accordingly, this brochure contains only selected operating, financial
and other information about the proposed transaction. This brochure is not intended to provide the sole basis for an evaluation of the proposed transaction. Each Recipient is advised to
determine its own interest in the transaction based on its own on site and other investigations. The Company will upon request, make available reasonable additional information or data
necessary to verify the accuracy of the information to the extent it possesses such information or can acquire it with reasonable expense and/or effort.
Recipients of this brochure are not to construe the contents of this memorandum as legal or tax advice. Each Recipient should consult its own counsel, accountant or business adviser as to
the legal, tax and related matters concerning this transaction.
This brochure is for the confidential use of the Recipient for the sole purpose of assisting in its evaluation of the potential acquisition of the Company. The Recipient agrees that any
information contained in this brochure will not be used for any other purpose than to consider the acquisition of the Company. Furthermore, the Recipient will not appropriate for its own
use any business, intellectual property or any all all plans or technology developed by the Company as outlined in this brochure. Delivery of this brochure to anyone other than the Recipient
of this brochure is unauthorized. Any reproduction of its contents in whole or in part, without the prior written consent of NCC and the Company is prohibited. Upon written request, the
recipient will return all brochures, copies and supplemental information, which may be provided, by NCC or the Company.
Neither this Confidential Information Memorandum nor its delivery to any party shall constitute an offer to sell or the solicitation of an offer to buy any securities.
Please direct communications or requests for information to:
Mr. Thomas Millitzer
New Commerce Communications, Inc./Millitzer Capital
239-282-5550 -5 GMT
tom@millitzercapital.com
UPON	NDA			©	2016 The	Internet	of	Private	Things™	 Confidential	Document 33
Copyright Notice: This presentation is copyrighted by; New Commerce
Communications, Inc.© 2106 All Rights Reserved.
The following photographs have been used in this presentation;
Ian Fleming, copyright 2006 Paul Baack, with permission.
Vintage photographs, courtesy US Government.
All other photographs are either in the public domain or licensed
by NCC.
Solution; see the cigar.
©

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