The Problem<br />Problem: Congestion, Delays, and Accidents due to Work-Zone Traffic<br />Costs: $8.6B+ per year in work-zone accidents<br />$600M+ per year in wasted fuel<br />$6.75B+ per year in lost productivity<br />Solution: Inform the driving public of work-zones in real-time<br />Make information on the location and traffic conditions of work-zones widely available through real-time, real-presence technology<br />
What is an “iCone®”: A highly deployable autonomous traffic beacon that beams real-time data to a web site for use by traffic managers, police, and the public.<br />Our Business:<br /><ul><li>Sale or Lease of Hardware
The Business<br />Cellular model – Hardware + Service<br />Hardware – Wholesale to Distributors<br />Internally designed<br />Contract manufacturing<br />Data/Comm Service – Direct sale<br />AT&T Cellular<br />Iridium VAR<br />Internally developed and managed software<br />Internally managed IT systems<br />
Marketing, Sales and Distribution<br />iCones are sold or leased through existing companies in the work-zone traffic control community.<br />
Management Team<br />Ross Sheckler – CEO<br />M.S., Aero Engr, Iowa State University<br />Calmar Founder, iCone Inventor<br />Aerospace Engineering Methods Applied to Trucking and Traffic Industries<br />Garvin Forrester – President & COO<br />M.S., Aero Engr, Syracuse University<br />Calmar Founder<br />Software Applications Provider to Lockheed, Mitsubishi, Kawasaki, L3Comm…<br />Lee Maynus – VP, Engineering<br />B.S. Civil Engr, West Virginia University<br />22 years experience in Traffic Management and ITS<br />New York State Thruway, New York State DOT<br />Rick Leff – VP, Finance<br />M.S. Statistics, University of Vermont<br />iCone Products Investor<br />Owner of multiple mid-sized businesses and investor in commercial real-estate<br />
The Need<br /><ul><li>The iCone is a technology that has already caught the attention of the work-zone traffic community but more than half of the transportation agencies have yet to perform a trial.