Flash Drive with a Display by Thought Waves Inc.


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Flash drive with a display. Ability to view the contents of a flash drive is the essence of the offered IP. So, what's the novelty?

You can view the contents of a flash drive without connecting to a computer! Not only can you view the files, you can manipulate them too! Yes, the display can be a touch screen!

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Flash Drive with a Display by Thought Waves Inc.

  1. 1. Founder Arjun Yetukuri, Ph.D.
  2. 2. <ul><li>Focus: Intellectual Property Development </li></ul><ul><ul><li>Patent Portfolio: Consumer Products </li></ul></ul><ul><li>Business Model: </li></ul><ul><ul><li>Recognize the “Need” </li></ul></ul><ul><ul><li>Innovate and Patent </li></ul></ul><ul><ul><li>License or Sell IP </li></ul></ul><ul><li>Founder: Arjun Yetukuri, Ph.D. </li></ul><ul><ul><li>Strength: Recognize the Need and Innovate </li></ul></ul><ul><ul><li>Multiple Patents Pending </li></ul></ul><ul><ul><li>15 yrs of Diverse Research and Product Development Experience </li></ul></ul>Thought Waves Inc. Intro
  3. 3. <ul><li>Invention: A Removable Storage Device with a Display </li></ul><ul><li>US Patent # 7,451,262 </li></ul><ul><li>Includes Flash Drive Devices </li></ul><ul><li>Includes Touch Screen Display </li></ul><ul><li>Includes External/Removable Memory Storage Devices </li></ul>Removable Storage Device with a Display What?
  4. 4. <ul><li>Features of the Invention… </li></ul><ul><ul><li>Display to view contents without connecting to a computer </li></ul></ul><ul><ul><li>Can also be a touch screen display </li></ul></ul><ul><ul><li>Basic functions include: store, delete, cut, copy, paste </li></ul></ul><ul><ul><li>Chargeable power source when attached to PC </li></ul></ul>Removable Storage Device What?
  5. 5. <ul><li>Features of the Invention </li></ul><ul><ul><li>Multiple interface options </li></ul></ul><ul><ul><ul><li>Touch screen, digitizer, thumb wheel, joystick </li></ul></ul></ul><ul><ul><li>Multiple connections possible, USB or wireless </li></ul></ul><ul><ul><li>Display on the exterior and/or interior of protective cover </li></ul></ul><ul><ul><li>Use 2 displays as one continuous display for larger capacity units </li></ul></ul>Removable Storage Device What?
  6. 6. <ul><li>Typical Prices of Flash Drives </li></ul>How Does a Licensor Benefit…? How?       Special Features Size Regular Brand* Name Brand* w/ 256-bit AES Hardware Encryption* w/ 256-bit AES Hardware Encryption and an Enforced Complex Password* Password Protection and Device Lockdown after a Specified Number of Invalid Attempts* 2GB $8 $10 $75 $85 $105 4GB $10 $14 $120 $130 $155 8 GB $15 $40 $210 $220 $265 16 GB $27 $44 $350 $375   32 GB $60 $80 $609 $630   64 GB $160         *Source: http://www.supermediastore.com/usb-flash-drive-usb-pen-drive.html 3/22/2009
  7. 7. <ul><li>Licensing Fee For Flash Drive Sales </li></ul><ul><ul><li>Based on Brand Name Pricing </li></ul></ul><ul><ul><li>Based on Special Feature Premium Pricing Factor (PPF) </li></ul></ul><ul><li>Assumptions </li></ul><ul><ul><li>1: Licensing Fee is 3% of Retail Price </li></ul></ul><ul><ul><li>2: Yearly Sales = 2008 Market (12.1 M Units*) </li></ul></ul><ul><ul><li>3: 20% Market Penetration for Flash Drive w/ Display </li></ul></ul><ul><ul><li>4: 10% Yearly Reduction in PPF </li></ul></ul>How Does a Licensor Benefit…? How? * Source: Semico Research Corporation Study # NV105-04
  8. 8. <ul><li>Potential Revenue for the Licensor… </li></ul><ul><ul><li>For 1 Yr </li></ul></ul><ul><ul><li>For 5 Yrs </li></ul></ul>How Does a Licensor Benefit…? How? Details ► If Feature Demand Exists for 5yrs: Even If Premium Pricing Factor Reduces by 10% Per Yr 5 Yr Revenue: $69,638,305
  9. 9. <ul><li>Potential Revenue for the Licensor - Details </li></ul>How Does a Licensor Benefit? How? = 0.2*12,100,000 = 2,420,000*6.38*38 = 580,319,206*0.03
  10. 10. <ul><li>Increased Memory Capacities of Flash Drives </li></ul><ul><ul><li>Increased number of files being stored </li></ul></ul><ul><ul><li>Increased number of file types being stored </li></ul></ul><ul><ul><li>Increased consumer need for more control of their data </li></ul></ul><ul><ul><li>Increased difficulty in file management </li></ul></ul>Relevance of the Invention… Why?
  11. 11. <ul><li>Flash drives are the #3 selling item </li></ul><ul><ul><li>In the U.S. and European promotional products market * </li></ul></ul><ul><ul><li>Combined retail and promotional logo flash drive sales: </li></ul></ul><ul><ul><ul><li>Expected to reach 10 Billion USD in 2009 * </li></ul></ul></ul><ul><ul><li>Flash drive memory cost jumped 87% in early January 2009 * </li></ul></ul>* Source: PRLog.org (Press Release) – Jan 19, 2009 Relevance of the Invention… Why?
  12. 12. <ul><li>Ever Growing Flash Drive Market </li></ul><ul><ul><li>Consumer acceptance rate of this technology is high </li></ul></ul><ul><ul><li>USB flash drive users own more than one device </li></ul></ul><ul><ul><li>Increasing variety of flash drives </li></ul></ul><ul><ul><li>Increasing difficulty in differentiating flash drives </li></ul></ul><ul><ul><li>Not enough value features to differentiate flash drives </li></ul></ul>Relevance of the Invention… Why?
  13. 13. <ul><li>Some manufacturers using the form factor to differentiate </li></ul>Relevance of the Invention… Why? <ul><li>Some manufacturers using the function factor to differentiate </li></ul>
  14. 14. <ul><li>Consumer Benefits </li></ul><ul><ul><li>Interactivity: Ability to view & manage files anytime, anywhere </li></ul></ul><ul><ul><ul><li>Without being connected to a PC </li></ul></ul></ul><ul><ul><li>Flexibility: Convenience of receiving and sending data files </li></ul></ul><ul><ul><ul><li>Without being connected to a PC </li></ul></ul></ul>Relevance of the Invention… Why?
  15. 15. <ul><li>Manufacturer Benefits </li></ul><ul><ul><li>Differentiation: Display is a functional & unique product differentiator </li></ul></ul><ul><ul><li>Price Advantage: Added functionality of the invention </li></ul></ul><ul><ul><ul><li>Can justify a price premium </li></ul></ul></ul><ul><ul><ul><li>Can generate higher profits </li></ul></ul></ul>Relevance of the Invention… Why?
  16. 16. <ul><li>Flash drive market is growing at an enormous rate </li></ul><ul><li>Capacity/drive is growing, making file management difficult </li></ul><ul><li>Consumers want more control of their data </li></ul><ul><li>IP covers removable memory devices </li></ul><ul><li>Potential additional revenue source for a Licensor </li></ul><ul><ul><li>Licensing to manufacturers of removable hard drives </li></ul></ul>Conclusions… Next?
  17. 17. Conclusions Next?
  18. 18. <ul><li>If Interested in this IP, with serious inquiries contact Thought Waves Inc.: </li></ul><ul><li>[email_address] </li></ul>Next Step Next?