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CEO Kim Dong Hyun (ph.D)
dhkim@nex-sys.co.kr
www.nex-sys.co.kr
NexSys Co.
Profile
LTE based
wearable technology
for safety
Summary
Part 1.
3
LTE based
wearable technology
for safety
“
“
Vision is…
1.1 Company Overview
4
Company Name
The Date of Incorporation
Human Resource
NexSys Co., Ltd.
2014 November 11th
6 people
Stockholders
Kim Dong Hyun 51%, Kim Mung Sung 9%, Lee Soo Young 9%,
Lee Yul Gon 9%, Lee Jun Hun 9%, Yoo Chul Hyun 3%,
Patentko Corp. 10%
Phone Number +82-70-5030-1964
Address
#B206 Business Incubator Center Cachon University,
1342, Seongnam-daero, Sujeong-gu, Seongnam-si, Gyeonggi-do, Korea
President Kim Dong Hyun
1.2 History
5
NexSys
Established
2014.11.11
2014.11
VADAS HD
2channels
Blackbox
Development
outsourced
2015.01
Acknowledged as Business
Research Center
2015.03
Receive 40 wearable
patents from Patentko
Corp.
2015.04
Cooperation Development
signed Taiwan company, Vatics
2014.12
Korea Credit
Guarantee Fund
loaned $200K
2014.11
FINEDIGITAL LTE, WiFi
Board Development
outsourced
2015.07
7 PCT Patent
filed
Received
$6,000(USD)
from Vatics
2015.08
Selected from 4 Government Projects
(2015 The first half)
6
G-Tech Startup
Project
(Gyeonggi Institute of Science &
Technology Promotion)
2015.06
SW Industry Best
Project
(SeongNam Industry Promotion
Agency)
2015.05
Startup Item
Business Project
(Korea Institute of Startup &
Entrepreneurship Development)
2015.06
Startup Growth
Technology
Development
Project
(Korea Technology & Information
Promotion Agency for SMEs)
2015.06
+ParticipatedintheSeoulMetropolitanDisasterSimulation ISPProject
(2015.07)
1.2 Government Projects
1.3 Company Capacity ( CEO )
7
 Kyunghee University Electronics Doctorate
(Image processing)
 Former LG Innotek researcher
– Pegasus Missile Development
 Former MUTRO CEO
– Kiosk, Video/Audio Recorder, Router
 Former PROBE CTO
– Samsung/LG Electronics PTZ IP Camera
 Former DABONDA CTO
– 1 ch./2ch. Car Blackbox, Sports Cam
 Work for 7 Gov. projects
– ETRI, Korea Electronics Technology Institute etc.
CEO Kim Dong Hyun (ph.D)
1.4 Award winning career
8
The Best National Development AwardBe awarded the Presidential prize in SW (2009)
1.5 Intellectual Property
9
• We have 7 PCT patents & 55 Korean patents
PCT international patents (7ea)
Have wearable device portfolio
Korean patents (55ea)
Wearables 50ea, LBS 5ea
Korean Trademarks (12ea)
Helpware, Silverlink etc
Design patents (1ea)
Helmet design
1.6 Team
10
Kim Dong Hyun
C.E.O
Kim Mung Sung
Embedded S/W
Lee Jun Hun
Application S/W
Park Ji Hyun
Application S/W
Lee Yul Gon
H/W
Lee Soo Young
H/W
• All of the participants are professional workers with more than 10 years of experience
within their expertise .
• All member worked as team more then 5 years.
• Well balanced with HW & SW
11
Nexsys Co.
High tech start-up
Napatech
Network solution Partner
LG U+ IoT
LTE infra & sales partner
Vatics
Video solution partner
(Taiwan)
BLT patent firm
Intellectual Property
Guardian
RoA Consulting
Market/ strategy Partner
Seoul city 911
Making disaster prevention
plan
1.7 Supporting Partners
• Have strong partnership based on Nexsys’ high tech & performance
• Have business connection with Seoul city government & LG group
• Providing Nexsys’ solution to Taiwan company Vatics co.
Marketability
Part 2.
2.1 Needs
• Large accidents have increased dramatically.
13
2.2 Local smart helmet Consumers
14
Firefighters : 39,519
Police : 107,500 Sports Cam : 100,000
Military : 650,000명
(2013) – National
Emergency
Management
Agency
(2013) – the
National
Police Agency
(2015)
Wikipedia
Construction Worker : 2,566,832
(2013) – Ministry of
Employment and Labor
Reserved
• 15.4 Million Workers in Korea
• Most accidents in the mining
and Construction industry
• Head injury being 45.5%
(2014)
RoA Consulting
(only Korea)
2.3 Apply markets
15
Chemical Plant
Soldier
Training Camp
Shipyard
Power Plant Construction
Manufacturing
Plant
• Fire, Military industries as well as the demand occurs in a
variety of industries.
2.4 Local market size estimates
16
16
$13.8M
Total
Firefighter
Existing Market
$5.9M
$37.6M
Total
Total Demand(Unit)
107,500
Police
Existing Market
$16.1M
$227.5M
Total
Military
Existing Market
$111M
$513.3M
Total
Construction
Existing Market
$115M
Price($)
150,000
Total Demand(Unit)
39,519
Price($)
150,000
Total Demand(Unit)
650,000
Price($)
170,000
Total Demand(Unit)
2,566,832
Price($)
4,500
• Smart Helmet total local market size is $792.3 Mil
(only Korea)
17
• Radio based helmet
• Exports to Japan
• Use Walky-talky
• Video transmission X
SAGA-D
• 4 Channel Video Recording
• Depth Camera
• Head Mount Display
• Depends on smartphone
• Smartphone Communication
with Bluetooth
DAQRI
• LTE based Real time Video
transmission
• Apply the fire field
• Control platform
• Interlocked with Bio-band
HELPWARE(NEXSYS)
2.5 Competitors
• Competitors in the Smart helmet market has increased
2.6 Government Policy (Enhanced Support for the Smart helmet)
18
<Joongang Daily 2014.09.24 News articles > <CIO Biz 2015.05.25 News articles>
Core Value
Part 3.
3.1 Technology
20
Network
• NexSys retains 1)Hardware, 2)Software and 3)Network
HARDWARE NETWORKSOFTWARE
• Helmet Camera
• Car Blackbox
• Sports Camera
• IP Camera
Manufacturing
• Video CODEC processing
• Sensor control
• Management Platform
• Video Transcoding
• Camera App (iOS & Android)
Best Optimization
• LTE Board dev.
• Blackbox HDMI
• WiFi, LTE com.
• BT, BLE com.
LTE technology
3.2 Development Completion
21
2. HD 2 Ch. Blackbox1. Communication Board
- Blackbox HDMI
- Blackbox USB
- WiFi, LTE com.
3. BLE Controling App
- Album, Snapshot
- Front/Back light control
- File management
- LED light/color control
- Alarm function
- MP3 playing function
• Earned 85,000 USD after establish
3.2 Development Completion
22
4. Snow cover meter
- Sales : IDOLINK Corp.
- H/W, S/W, App : Nexsys
- LTE Communication
5. China BlackBox
- H/W, Sales : Taiwan Vatics Corp.
- S/W : NexSys
6. Wearable Band
- ECG sensor
- H/W, S/W, App : Nexsys
- BLE
• We have made 6 kind of Helpware product for safety
3.3 Growth Potential
23
• Contributed to Chipset Maker Vatics in Taiwan
• Receiving incentives from Vatics since July
• Contract with Vatics (Taiwan)
3.4 Developing Product – Smart Helmet
24
1 LTE Communication is connected to
this helmet.
Helmet with Camera
2 Especially, when members, who are in
dangerous places, can’t reach their smartphones,
control center can communicate with the
members in harm’s way.
LTE Communication
3 You may be able to control
the bio-sensor band for a
remote controller
Bio-band
Smart Device or Control Center
Camera
Battery
LTE module
Transfer bio signals
Wearable wristband
3.5 Smart Helmet Control System
25
• LTE helmet is not the main product
• We are developing Wearable Platform for industrial fields
Police
Add on
Construction
Add on
Rescue Team
Add on
Rescue Team
3.5 Platform
26
Helmet with LTE, GPS, BLE and Sensors
Making ‘Wearable Platform’ Ver 1.0
1
2
Working
Prototype
Platform Ver 1.0
- Live video
- LTE streaming
- Heart Sensor
- GPS location
Financial Projection
Part 4.
4.1 Sales
• Estimated sales and sales Cost as follows
Sales
Firefighter 1,400,000 2,100,000 2,100,000
Militery - - 4,550,000
Police - 1,750,000 875,000
Construction - - 3,500,000
Total 1,400,000 3,850,000 11,025,000
Sales Cost
Firefighter 420,000 630,000 630,000
Militery - - 1,365,000
Police - 525,000 262,500
Construction - - 875,000
Total 420,000 1,155,000 3,132,500
Profit and Loss of Sales 980,000 2,695,000 7,892,500
70.0% 70.0% 71.6%
2015(E) 2016(E) 2017(E)
(USD)
(only Korean market)
4.2 Operating Income
• Estimated Operating Income as follows
Selling expenses & administrative expenses
Depreciation 5,422 21,922 35,422
IDC Cost 12,000 18,000 27,000
Retal Expenses 24,000 60,000 84,000
Salaries Expenses 529,480 824,720 1,104,100
Advertising Expenses 70,000 192,500 551,250
Taxes and Dues 4,620 12,705 36,383
Entertalinment Expenses 5,600 15,400 44,100
Sales Commissions 210,000 577,500 1,653,750
Development Expenses 4,480 12,320 35,280
Insurance Premium 3,360 9,240 26,460
Bad Bebt Expenses 2,800 7,700 22,050
Amortization Expenses on Intangible Assets 2,100 5,775 16,538
Other Selling expenses & administrative expenses 98,140 269,885 772,853
비용합계 972,002 2,027,667 4,409,185
Operating Income 7,998 667,333 3,483,315
0.6% 17.3% 31.6%
2015(E) 2016(E) 2017(E)
(USD)
(only Korean market)
Total
Growth Strategy
Part 5.
5.1 Activities
31
1. Participated at the beGlobal 2015 exposition
2. Partnering with LG U+
3. Recently interviewed at biggest broadcasting company(KBS)
• beGlobal 2015 • KBS IT Concert
• With member of the
National Assembly
• Partnering with LTE U+
5.2 Future Plan
32
Product
Completion
Certificating Revenue Exporting
February 2016
• Field custom model
• Upgraded design
• Apply Construction
May 2016 August 2016 May 2017
• Upgraded line up
• Opening Platform
• Developed export
model
• Export(Middle
Asia, USA)
• Military product
• Developed HMD
• mass-produce
model
5.3 Marketing Plan
33
• (Korea) NexSys will receive certification from the ROK.
Government Procurement office.
• (Abroad) NexSys will participate at International safety
exposition and sign contracts for exports.
5.4 SWOT Analysis
Strength
• Rich Development
Experience(LTE
Product)
• Partnering LG U+
• Partnering with RoA
Consulting
• 55 Korean patents
• 7 PCT International
patents
Opportunity Weakness
• Large accidents
• Increasing Safe
Needs
• Telco’s New Revenue
• Expanding 5G Infra
• Early Stage Company
• Lack of Capital,
Human Resource and
sales network
Threat
• Public budget cuts
• New Competitors
• Price competition
• Regulatory changes
• Strength 1 : Developed real product+ works with LG U+
• Strength 2 : 55 Korean Patents
34
#B206 Business Incubator Center
Cachon University,
1342, Seongnam-daero, Sujeong-gu,
Seongnam-si, Gyeonggi-do, Korea
ADDRESS
THANK YOU
QUESTIONS?
070-5030-1964
TEL.
IPRs(55 Patents)
36
IPRs(55 Patents)
37

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Nexsys company profile_v2.3 (english)

  • 1. CEO Kim Dong Hyun (ph.D) dhkim@nex-sys.co.kr www.nex-sys.co.kr NexSys Co. Profile LTE based wearable technology for safety
  • 3. 3 LTE based wearable technology for safety “ “ Vision is…
  • 4. 1.1 Company Overview 4 Company Name The Date of Incorporation Human Resource NexSys Co., Ltd. 2014 November 11th 6 people Stockholders Kim Dong Hyun 51%, Kim Mung Sung 9%, Lee Soo Young 9%, Lee Yul Gon 9%, Lee Jun Hun 9%, Yoo Chul Hyun 3%, Patentko Corp. 10% Phone Number +82-70-5030-1964 Address #B206 Business Incubator Center Cachon University, 1342, Seongnam-daero, Sujeong-gu, Seongnam-si, Gyeonggi-do, Korea President Kim Dong Hyun
  • 5. 1.2 History 5 NexSys Established 2014.11.11 2014.11 VADAS HD 2channels Blackbox Development outsourced 2015.01 Acknowledged as Business Research Center 2015.03 Receive 40 wearable patents from Patentko Corp. 2015.04 Cooperation Development signed Taiwan company, Vatics 2014.12 Korea Credit Guarantee Fund loaned $200K 2014.11 FINEDIGITAL LTE, WiFi Board Development outsourced 2015.07 7 PCT Patent filed Received $6,000(USD) from Vatics 2015.08
  • 6. Selected from 4 Government Projects (2015 The first half) 6 G-Tech Startup Project (Gyeonggi Institute of Science & Technology Promotion) 2015.06 SW Industry Best Project (SeongNam Industry Promotion Agency) 2015.05 Startup Item Business Project (Korea Institute of Startup & Entrepreneurship Development) 2015.06 Startup Growth Technology Development Project (Korea Technology & Information Promotion Agency for SMEs) 2015.06 +ParticipatedintheSeoulMetropolitanDisasterSimulation ISPProject (2015.07) 1.2 Government Projects
  • 7. 1.3 Company Capacity ( CEO ) 7  Kyunghee University Electronics Doctorate (Image processing)  Former LG Innotek researcher – Pegasus Missile Development  Former MUTRO CEO – Kiosk, Video/Audio Recorder, Router  Former PROBE CTO – Samsung/LG Electronics PTZ IP Camera  Former DABONDA CTO – 1 ch./2ch. Car Blackbox, Sports Cam  Work for 7 Gov. projects – ETRI, Korea Electronics Technology Institute etc. CEO Kim Dong Hyun (ph.D)
  • 8. 1.4 Award winning career 8 The Best National Development AwardBe awarded the Presidential prize in SW (2009)
  • 9. 1.5 Intellectual Property 9 • We have 7 PCT patents & 55 Korean patents PCT international patents (7ea) Have wearable device portfolio Korean patents (55ea) Wearables 50ea, LBS 5ea Korean Trademarks (12ea) Helpware, Silverlink etc Design patents (1ea) Helmet design
  • 10. 1.6 Team 10 Kim Dong Hyun C.E.O Kim Mung Sung Embedded S/W Lee Jun Hun Application S/W Park Ji Hyun Application S/W Lee Yul Gon H/W Lee Soo Young H/W • All of the participants are professional workers with more than 10 years of experience within their expertise . • All member worked as team more then 5 years. • Well balanced with HW & SW
  • 11. 11 Nexsys Co. High tech start-up Napatech Network solution Partner LG U+ IoT LTE infra & sales partner Vatics Video solution partner (Taiwan) BLT patent firm Intellectual Property Guardian RoA Consulting Market/ strategy Partner Seoul city 911 Making disaster prevention plan 1.7 Supporting Partners • Have strong partnership based on Nexsys’ high tech & performance • Have business connection with Seoul city government & LG group • Providing Nexsys’ solution to Taiwan company Vatics co.
  • 13. 2.1 Needs • Large accidents have increased dramatically. 13
  • 14. 2.2 Local smart helmet Consumers 14 Firefighters : 39,519 Police : 107,500 Sports Cam : 100,000 Military : 650,000명 (2013) – National Emergency Management Agency (2013) – the National Police Agency (2015) Wikipedia Construction Worker : 2,566,832 (2013) – Ministry of Employment and Labor Reserved • 15.4 Million Workers in Korea • Most accidents in the mining and Construction industry • Head injury being 45.5% (2014) RoA Consulting (only Korea)
  • 15. 2.3 Apply markets 15 Chemical Plant Soldier Training Camp Shipyard Power Plant Construction Manufacturing Plant • Fire, Military industries as well as the demand occurs in a variety of industries.
  • 16. 2.4 Local market size estimates 16 16 $13.8M Total Firefighter Existing Market $5.9M $37.6M Total Total Demand(Unit) 107,500 Police Existing Market $16.1M $227.5M Total Military Existing Market $111M $513.3M Total Construction Existing Market $115M Price($) 150,000 Total Demand(Unit) 39,519 Price($) 150,000 Total Demand(Unit) 650,000 Price($) 170,000 Total Demand(Unit) 2,566,832 Price($) 4,500 • Smart Helmet total local market size is $792.3 Mil (only Korea)
  • 17. 17 • Radio based helmet • Exports to Japan • Use Walky-talky • Video transmission X SAGA-D • 4 Channel Video Recording • Depth Camera • Head Mount Display • Depends on smartphone • Smartphone Communication with Bluetooth DAQRI • LTE based Real time Video transmission • Apply the fire field • Control platform • Interlocked with Bio-band HELPWARE(NEXSYS) 2.5 Competitors • Competitors in the Smart helmet market has increased
  • 18. 2.6 Government Policy (Enhanced Support for the Smart helmet) 18 <Joongang Daily 2014.09.24 News articles > <CIO Biz 2015.05.25 News articles>
  • 20. 3.1 Technology 20 Network • NexSys retains 1)Hardware, 2)Software and 3)Network HARDWARE NETWORKSOFTWARE • Helmet Camera • Car Blackbox • Sports Camera • IP Camera Manufacturing • Video CODEC processing • Sensor control • Management Platform • Video Transcoding • Camera App (iOS & Android) Best Optimization • LTE Board dev. • Blackbox HDMI • WiFi, LTE com. • BT, BLE com. LTE technology
  • 21. 3.2 Development Completion 21 2. HD 2 Ch. Blackbox1. Communication Board - Blackbox HDMI - Blackbox USB - WiFi, LTE com. 3. BLE Controling App - Album, Snapshot - Front/Back light control - File management - LED light/color control - Alarm function - MP3 playing function • Earned 85,000 USD after establish
  • 22. 3.2 Development Completion 22 4. Snow cover meter - Sales : IDOLINK Corp. - H/W, S/W, App : Nexsys - LTE Communication 5. China BlackBox - H/W, Sales : Taiwan Vatics Corp. - S/W : NexSys 6. Wearable Band - ECG sensor - H/W, S/W, App : Nexsys - BLE • We have made 6 kind of Helpware product for safety
  • 23. 3.3 Growth Potential 23 • Contributed to Chipset Maker Vatics in Taiwan • Receiving incentives from Vatics since July • Contract with Vatics (Taiwan)
  • 24. 3.4 Developing Product – Smart Helmet 24 1 LTE Communication is connected to this helmet. Helmet with Camera 2 Especially, when members, who are in dangerous places, can’t reach their smartphones, control center can communicate with the members in harm’s way. LTE Communication 3 You may be able to control the bio-sensor band for a remote controller Bio-band Smart Device or Control Center Camera Battery LTE module Transfer bio signals Wearable wristband
  • 25. 3.5 Smart Helmet Control System 25 • LTE helmet is not the main product • We are developing Wearable Platform for industrial fields Police Add on Construction Add on Rescue Team Add on Rescue Team
  • 26. 3.5 Platform 26 Helmet with LTE, GPS, BLE and Sensors Making ‘Wearable Platform’ Ver 1.0 1 2 Working Prototype Platform Ver 1.0 - Live video - LTE streaming - Heart Sensor - GPS location
  • 28. 4.1 Sales • Estimated sales and sales Cost as follows Sales Firefighter 1,400,000 2,100,000 2,100,000 Militery - - 4,550,000 Police - 1,750,000 875,000 Construction - - 3,500,000 Total 1,400,000 3,850,000 11,025,000 Sales Cost Firefighter 420,000 630,000 630,000 Militery - - 1,365,000 Police - 525,000 262,500 Construction - - 875,000 Total 420,000 1,155,000 3,132,500 Profit and Loss of Sales 980,000 2,695,000 7,892,500 70.0% 70.0% 71.6% 2015(E) 2016(E) 2017(E) (USD) (only Korean market)
  • 29. 4.2 Operating Income • Estimated Operating Income as follows Selling expenses & administrative expenses Depreciation 5,422 21,922 35,422 IDC Cost 12,000 18,000 27,000 Retal Expenses 24,000 60,000 84,000 Salaries Expenses 529,480 824,720 1,104,100 Advertising Expenses 70,000 192,500 551,250 Taxes and Dues 4,620 12,705 36,383 Entertalinment Expenses 5,600 15,400 44,100 Sales Commissions 210,000 577,500 1,653,750 Development Expenses 4,480 12,320 35,280 Insurance Premium 3,360 9,240 26,460 Bad Bebt Expenses 2,800 7,700 22,050 Amortization Expenses on Intangible Assets 2,100 5,775 16,538 Other Selling expenses & administrative expenses 98,140 269,885 772,853 비용합계 972,002 2,027,667 4,409,185 Operating Income 7,998 667,333 3,483,315 0.6% 17.3% 31.6% 2015(E) 2016(E) 2017(E) (USD) (only Korean market) Total
  • 31. 5.1 Activities 31 1. Participated at the beGlobal 2015 exposition 2. Partnering with LG U+ 3. Recently interviewed at biggest broadcasting company(KBS) • beGlobal 2015 • KBS IT Concert • With member of the National Assembly • Partnering with LTE U+
  • 32. 5.2 Future Plan 32 Product Completion Certificating Revenue Exporting February 2016 • Field custom model • Upgraded design • Apply Construction May 2016 August 2016 May 2017 • Upgraded line up • Opening Platform • Developed export model • Export(Middle Asia, USA) • Military product • Developed HMD • mass-produce model
  • 33. 5.3 Marketing Plan 33 • (Korea) NexSys will receive certification from the ROK. Government Procurement office. • (Abroad) NexSys will participate at International safety exposition and sign contracts for exports.
  • 34. 5.4 SWOT Analysis Strength • Rich Development Experience(LTE Product) • Partnering LG U+ • Partnering with RoA Consulting • 55 Korean patents • 7 PCT International patents Opportunity Weakness • Large accidents • Increasing Safe Needs • Telco’s New Revenue • Expanding 5G Infra • Early Stage Company • Lack of Capital, Human Resource and sales network Threat • Public budget cuts • New Competitors • Price competition • Regulatory changes • Strength 1 : Developed real product+ works with LG U+ • Strength 2 : 55 Korean Patents 34
  • 35. #B206 Business Incubator Center Cachon University, 1342, Seongnam-daero, Sujeong-gu, Seongnam-si, Gyeonggi-do, Korea ADDRESS THANK YOU QUESTIONS? 070-5030-1964 TEL.