Flash Drive with a Display by Thought Waves Inc. - PowerPoint PPT Presentation

About This Presentation
Title:

Flash Drive with a Display by Thought Waves Inc.

Description:

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! – PowerPoint PPT presentation

Number of Views:748

less

Transcript and Presenter's Notes

Title: Flash Drive with a Display by Thought Waves Inc.


1
Arjun Yetukuri, Ph.D.
Founder
2
Intro
Thought Waves Inc.
  • Focus Intellectual Property Development
  • Patent Portfolio Consumer Products
  • Business Model
  • Recognize the Need
  • Innovate and Patent
  • License or Sell IP
  • Founder Arjun Yetukuri, Ph.D.
  • Strength Recognize the Need and Innovate
  • Multiple Patents Pending
  • 15 yrs of Diverse Research and Product
    Development Experience

3
What?
Removable Storage Device with a Display
  • Invention A Removable Storage Device with a
    Display
  • US Patent 7,451,262
  • Includes Flash Drive Devices
  • Includes Touch Screen Display
  • Includes External/Removable Memory Storage
    Devices

4
What?
Removable Storage Device
  • Features of the Invention
  • Display to view contents without connecting to a
    computer
  • Can also be a touch screen display
  • Basic functions include store, delete, cut,
    copy, paste
  • Chargeable power source when attached to PC

5
What?
Removable Storage Device
  • Features of the Invention
  • Multiple interface options
  • Touch screen, digitizer, thumb wheel, joystick
  • Multiple connections possible, USB or wireless
  • Display on the exterior and/or interior of
    protective cover
  • Use 2 displays as one continuous display for
    larger capacity units

6
How?
How Does a Licensor Benefit?
  • Typical Prices of Flash Drives

      Special Features Special Features 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 Source http//www.supermediastore.com/usb-flash-drive-usb-pen-drive.html Source http//www.supermediastore.com/usb-flash-drive-usb-pen-drive.html Source http//www.supermediastore.com/usb-flash-drive-usb-pen-drive.html Source http//www.supermediastore.com/usb-flash-drive-usb-pen-drive.html 3/22/2009
Added Functionality Demands Higher Prices
7
How?
How Does a Licensor Benefit?
  • Licensing Fee For Flash Drive Sales
  • Based on Brand Name Pricing
  • Based on Special Feature Premium Pricing Factor
    (PPF)
  • Assumptions
  • 1 Licensing Fee is 3 of Retail Price
  • 2 Yearly Sales 2008 Market (12.1 M Units)
  • 3 20 Market Penetration for Flash Drive w/
    Display
  • 4 10 Yearly Reduction in PPF

Source Semico Research Corporation Study
NV105-04
8
How?
How Does a Licensor Benefit?
  • Potential Revenue for the Licensor
  • For 1 Yr
  • For 5 Yrs

Yearly Revenue 17,409,576
If Feature Demand Exists for 5yrs Even If
Premium Pricing Factor Reduces by 10 Per Yr 5 Yr
Revenue 69,638,305
Details ?
9
How?
How Does a Licensor Benefit?
  • Potential Revenue for the Licensor - Details

0.212,100,000
2,420,0006.3838
580,319,2060.03
10
Why?
Relevance of the Invention
  • Increased Memory Capacities of Flash Drives
  • Increased number of files being stored
  • Increased number of file types being stored
  • Increased consumer need for more control of their
    data
  • Increased difficulty in file management

11
Why?
Relevance of the Invention
  • Flash drives are the 3 selling item
  • In the U.S. and European promotional products
    market
  • Combined retail and promotional logo flash drive
    sales
  • Expected to reach 10 Billion USD in 2009
  • Flash drive memory cost jumped 87 in early
    January 2009

Source PRLog.org (Press Release) Jan 19, 2009
12
Why?
Relevance of the Invention
  • Ever Growing Flash Drive Market
  • Consumer acceptance rate of this technology is
    high
  • USB flash drive users own more than one device
  • Increasing variety of flash drives
  • Increasing difficulty in differentiating flash
    drives
  • Not enough value features to differentiate flash
    drives

13
Why?
Relevance of the Invention
  • Some manufacturers using the form factor to
    differentiate
  • Some manufacturers using the function factor to
    differentiate

14
Why?
Relevance of the Invention
  • Consumer Benefits
  • Interactivity Ability to view manage files
    anytime, anywhere
  • Without being connected to a PC
  • Flexibility Convenience of receiving and sending
    data files
  • Without being connected to a PC

15
Why?
Relevance of the Invention
  • Manufacturer Benefits
  • Differentiation Display is a functional unique
    product differentiator
  • Price Advantage Added functionality of the
    invention
  • Can justify a price premium
  • Can generate higher profits

16
Conclusions
Next?
  • Flash drive market is growing at an enormous rate
  • Capacity/drive is growing, making file management
    difficult
  • Consumers want more control of their data
  • IP covers removable memory devices
  • Potential additional revenue source for a
    Licensor
  • Licensing to manufacturers of removable hard
    drives

17
Conclusions
Next?
  • Differentiating flash drives is difficult
  • Added value features are limited
  • Our IP addresses a gap in the USB flash drive
    market segment
  • Potential revenue for a Licensor in 1 Yr
    17,409,576
  • Potential revenue for a Licensor in 5 Yrs
    69,638,305

18
Next Step
Next?
  • If Interested in this IP, with serious inquiries
    contact Thought Waves Inc.
  • ipstaff_at_thougthwavesinc.com
Write a Comment
User Comments (0)
About PowerShow.com