The document summarizes a board meeting for Virtual World Computing. It introduces Imago, described as the first imagery search engine that allows users to find products by uploading photos. It also discusses the Cocoon browser and its privacy and security features. Finally, it provides an overview of VWC's executive team, timeline for upcoming projects, and financial forecast for Imago search.

1. © 2016 Virtual World Computing | Confidential – Do Not Distribute
Jeff Bermant , Co-Founder & Chief Executive Officer
Virtual World Computing
September Board Meeting

2. © 2016 Virtual World Computing | Confidential – Do Not Distribute
Agenda
• New product introduction: Imago
• Imago walk through
• Datafission technology platform partnership
• Cocoon Browser update
• Product timeline
• Financials
• Questions/Discussion

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SEARCH
IMAGO
Introducing the first imagery search engine…

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IMAGE SIMILITARITY SEARCH REMAINS RICH WITH
OPPORTUNITY

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What if you could seamlessly find and buy a product simply by
taking a picture of it?

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EXAMPLE
“I saw a co-worker wearing an adorable
shoe but I felt uncomfortable asking her
what the brand was. I was only able to
take an sly picture during a meeting. This
photo is all I have…
I want these shoes. How do I find them?”

7. © 2016 Virtual World Computing | Confidential – Do Not Distribute
IMAGO SEARCH
IMAGO Search is in a
proof of concept phase
Shown is the capability
our propriety algorithm (in
partnership with
DataFission) has to find
what you are looking for
by only using just that
partial image.

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Image Search Results:
Available from:

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Problem Solved
IMAGO Search scrapes retailer sites to populate SERP and the images
found will then become live links to purchase what the customer
searches for!
SEARCH
The World’s First Imagery Search Engine
IMAGO

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Shopping Affiliates & Partners
For the initial launch, we plan to work with the following Affiliate and
Partner stores for our results page:
• Amazon Associates Program
• Zappos Associates Program
• 100+ other apparel sites
• Simon Mall Stores- Direct Partnership (both local and online *where
available*)
– 500+ Brands just in Apparel category

11. © 2016 Virtual World Computing | Confidential – Do Not Distribute
• Google currently does not
have the technology to find
a match from a partial
scan/image
• The image on the right is the
SERP (Search Engine
Results Page) when you
search for that image in
Google.
• These results show other
shoes but would take
countless hours to sift
through.
WHAT ABOUT GOOGLE?

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FIND WHAT YOU’RE LOOKING FOR
IMAGO

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IMAGO Find
Let us do all the work!
We use our image similarity technology to automatically find what you
are looking for

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IMAGO: Beyond just shopping
We’ve all been here: Watching a movie, a TV show, a commercial, etc
and you see something you like. Find it with IMAGO w/ one simple
image search.

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IMAGO Partnering with DataFission for advanced imaging technology
• Matching unstructured data with structured data through advanced
algorithms instead of pixel based algorithms
• Information based signatures using modern non-linear, scalable
database search technology. Faster and more accurate than pixel
technology
• More accurate data because search space is more highly populated
then pixel technology
• Signature approach 180 degrees in some cases.
• Allows for better similarity search beyond video, audio,
communications and unstructured text using binary data
representation.

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BROWSER
Cocoon

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COCOON’S SAFER CLOUD-BASED BROWSER &
MARKETPLACE OPPORTUNITIES
Anti-Virus
Security
Cloud Data
BROWSERS
UNIQUE SEARCH &
SORT
travelerssecurity anti-virus privacy-mindedshoppers
To capture these key customer segments:

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OUR SAAS SOLUTION DOES WHAT OTHERS CANNOT
OUR PRIVATE CLOUD
1. Browser encrypted end to end
2. Anti-virus/malware protection with endpoint solution
3. Access from behind restrictive firewalls
4. Cocoon cloud mobility—Storing Data in Cloud
5. No IP address exposure while browsing
6. User has option to remove ads from
web pages
7. Use Cocoon while traveling to access US content
SECURITY
+
VIRUS PROTECTION
+
MOBILITY
+
PRIVACY
+
SEARCH
=

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The combination of a safe browser with a revolutionary
search app will create a sweet spot for customers and
retailers.

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VWC Timeline Q4/Q1
TechDay LA
Tradeshow
September
2016
1.4M Raise
Completion
October
2016
Cocoon China
Launch
November
2016
Cocoon
Affiliates &
Ads
January
2017
IMAGO
Launch
February
2017
Q1 Board
Meeting
February
2017

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VWC EXECUTIVE TEAM
Jeff Bermant - Co-Founder and CEO
• 35 years of entrepreneurship in real estate.
• Natural, energetic entrepreneur with
experience with institutional money.
• Unconventional thinker with wide ranging
vision.
David Amaral - Acting CTO
• He has designed and developed Fortune
500 sites for Microsoft, Epson, J2 Global,
Deluxe Corporation, and Sony Pictures.
• Classically trained in drawing and painting, well-
versed in a multitude of software development
platforms
Brian Fox - Co-Founder & Lead Developer
(CEO, Opus Logica, Inc.)
• Over 25 years experience in technology
• Served at CTO at Okori Group
• He was employee #1 at the Free Software Foundation
• Completed the world’s first online banking
solution for Wells Fargo in 1995
Janelle Laguette - Acting VP of Marketing
• Decisive and results oriented marketing professional with
10+ years experience.
• Keen focus on efficient ways to drive revenue growth,
increase customer acquisition, and brand awareness.
Thomas Bermant - Project Manager, Customer
Service
• Developed Cocoon’s customer service system
while assisting with product development.
• Handles product management and testing for all
new Cocoon service products and features
BOARD OF ADVISORS:
Jeff Carmody - Founder of Agility Capital
Aaron Emigh - CTO of Shopkick
David Schacht - CIO The Simon Group

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IMAGO SEARCH FINANCIAL FORECAST, ASSUMPTIONS &
OPPORTUNITY
USE OF FUNDS
MARKET OPPORTUNITY
Online Retail Sales (2015): 304.9 Billion
Avg per Online Order (2015): $114
Looking to raise, Seed: $1.4M
Current Valuation: $10.9M
New Pre Money Valuation: $7.5M*
Post Money Valuation: $8.9M
*Pending current investor approval (for discussion)
45%
31%
24% Marketing
G&A/Customer
Service
Ops/Eng
Use of Funds: Seed
Financial Opportunity
*Mintel Press Center July 2016

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Profit and Loss Summary
Predicated on Series A of 10M