flyby - connecting business travelers at the airport

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There is a problem…

No on-demand way for business travelers to connect with each other

while at the airport

And we have the Solution…

Mobile app that connects business travelers with each other

On demand On location Based on personalized criteria

For an addressable market…

44 million business travelers havean average of 45 minutes of disposable time at the airport

Of those 44 million 75%, or 33 million, sit at the gate idle for about

1 hour

84% use mobile apps for social communications, itineraries, on-the-go alerts.

And we surveyed 70 business travelers – online and at the airport…

If you have a networking tool,Where do I sign up?!

- American Airlines Supervisor - Mark Goodger

We and our colleagues would get the app today

- Two business travelers in the music retail business

“

“

”

”

1 hour At Gate with Phone

Interested

61% 78% 67%

And identified a strong use case…

Download and

activate FlyBy

Online to offline

connection

Social connection

With multi revenue streams…

FlyByr’s

Sell Wings (Credits)

Enterprise and SMB

Airports

Retailers

Airlines Partnership fees Revenue share

Deals Sponsor locations

White-label Revenue share

That have broader upsides…

Fees: Premium membership

$14.99 Enterprise/SMB Rates

$2.99-$4..99/user Retail Sponsors: $30K-

$100K Strategic Partnerships

G&A - 15% sales Marketing - 5% sales Reinvest - 10% sales IT - 25% sales Salaries - 25% sales

Income Expense

Financials* 2012 2013 2014

Customers 200 55000 300000

Revenues (0) $576,000 1,500,000

Expenditure $30,000 $120,000 $200,000

Net $10.6 $456,000 $1,300,000

Including a potential ‘tuck-in’ acquisition…

Because there is still white-space…

FlyBy

Business Based

Airport

On Demand

App

Free Start

Marketing

MVP – Initial Validation Partnership with single Airport (MIA) Events - Meetups

Media Relations & Social Media (51%) Technology, business, and travel writers/bloggers Full social media & online presence

Enterprise Build/buy list of Sales Directors, Corporate Travel

Managers Conference Participation/Sponsorship

And now our demo…

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