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AssetUS Tracking
Systems
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Venture | |
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Name of
Company: |
AssetUS Tracking
Systems |
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Date
Founded: |
April
2008 |
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Website
URL: |
WWW.AssetUS.COM
(under construction) |
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General
Industry: |
Healthcare
Services |
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Specific
Industry: |
Asset / Record /
Patient Tracking. |
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Company
Overview: |
I am a registered
patent attorney (JD) and a physician (MD). I received a Notice of
Allowance from the United States Patent & Trademark Office for my
patent application. My invention detects, locates, identifies and stores
information relating to personnel (authorized & un-authorized),
intruders, assets, records and patients in hospitals, medical clinics, law
offices, accounting offices, governmental offices and numerous other
facilities. My invention is a basic and extensive invention in the
tracking field. The tracking field is already a multi-billion dollar
industry. I have five more patent applications in progress in the tracking
field. |
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Very Short
Description: |
Asset-Record-Patient
Tracking; RFID Asset Tracking; RFID Record Tracking; RFID Patient
Tracking.. |
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Business
Model: |
The development,
manufacture, distribution and installation of patented asset / record /
patient tracking systems in numerous facilities worldwide. My patented
systems will complement and supplement the technologies of other entities
/ competitors already involved in the tracking / security
industries. |
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Market Size and
Description: |
The tracking business
is already a one to two Billion dollar yearly business. The potential
hospital / medical market is estimated at 10
Billion dollars. The potential additional legal / accounting / financial /
governmental markets would be at least another 10 Billion dollars.
Capturing 5% of the total tracking market would yield over one Billion
dollars in gross revenues. Further revenues would result from the sale /
lease of new hardware, new software and new service contracts. The first
year will most likely result in a net loss but it is anticipated that the
second year and thereafter will result in a net profit in view of this
exploding field. |
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Keywords: |
Healthcare: Record
Management; Asset Management; Patient Management; RFID asset tracking;
RFID record tracking; RFID patient tracking. |
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Customer
Targets: |
Hospitals, medical
clinics, law offices, accounting offices, financial offices, government
offices, facilities that store expensive assets, facilities that create
and/or store sensitive documents, and security companies that secure
sensitive facilities. |
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Management
Team: |
R. Martin
Oliveras, JD-MD, CEO & President |
|
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Graduate engineer,
graduate lawyer, graduate physician. Former Member of the Technical Staff
and Patent Staff at |
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The
Competition: |
AssetUS Tracking
Systems welcomes the existence of the competition in the tracking and
security fields because they will also become our customers. Our patented
asset / record / patient tracking systems will complement and supplement
the competition's technologies and services. |
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Competitive
Advantage: |
AssetUS Tracking
Systems is being issued a basic patent in the asset / record / patient
tracking industry. I have five more patent applications in progress in
these fields.. No so-called competitor that I know of has similar pending
patent applications or issued patents. |
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Development
Stage: |
Startup |
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Number of
Employees: |
1-5 (will need an
RFID engineer and a software programmer) |
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Amount
Seeking: |
$500,000 - 1M (to be
used over six to nine months to develop product) |
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Outside
Capital: |
None to
date. |
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Current Financing
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Out of pocket to
date. Requests for joint venture financing have been made to so-called
competitors in asset / record / patient tracking and to RFID
manufacturers, developers and engineers. |
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Current
Valuation: |
$2 million (estimated
value of intellectual assets) |
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Last 12 Months
Revenue: |
Pre-Revenue
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Contact
Info: |
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Previous
Venture | |
|
Startup
Name |
Lightning
Gaming. |
|
Time Spent at
Startup: |
3 months |
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Founder: |
Yes |
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|
public |
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