echocare, care, boston, ma (usa)

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EchoCare Technologies Proprietary Information ECHO Non-Wearable PERS 1 Aging2.0 GSS June, 2016 ECH CARE Technologies

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Page 1: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

ECHONon-Wearable PERS

1

Aging2.0 GSS

June, 2016

ECH CARETechnologies

Page 2: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Leadership

• Rafi Zack, Co-founder & CEO

• >25 years of extensive experience in

technology (RF, DSP, Wireless & SoC),

management and BizDev

• Sr. Dir. of Emerging Technologies of Alvarion

• Founder and CEO of Sixtycom

• VP products of Wisair

• Sys. Manager of DSPC (acq. by Intel for $1.6B)

• B.Sc in EE , BGU, M.Sc in EE, TAU Israel

Founders

2

• Dr. Yossi Kofman, Co-founder &

executive director

• Experienced entrepreneur (>25years)

• Co-founder and CEO of Groundwork BioAg,

bSolar , (PV bifacial cell producer)

• Co-founder of Siklu communications (60-80

GHz, 1 Gbps systems)

• Co-founder and co-CEO of Modem-Art

(acquired for $145M)

• D,Sc, in EE, Technion, Israel

Page 3: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Elderly Falls – The Acute ProblemThe major concern of elderly caregivers

3

In 2013, direct medical costs for falls in U.S. —what patients and insurance companies pay—totaled $34 billion (CDC)

Page 4: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Existing Fall Detectors Limitations

4

Existing products are wearable, accelerometer based

End Result - Limited penetration, 2-4% (Parks Assoc. 2013)

Operational limitations

Senior perception and image issues

Usually removed during bath and sleeping time (non 24/7)

Seniors neglect re-wearing when getting out of bed or bath

Limited acceptance and use

High rate of false alarms and miss-detects (not accepted by both seniors and operators)

Gets partial information (mainly body motions)

Requires periodical charging

Page 5: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Changing Shape of Japan’s Population Pyramid

Age 1950 2050 (Projection)

Source: Statistics Bureau MIC: Ministry of Health, Labour and Welfare

2006

35.4%

59.6%

4.9%

13.6%

65.5%

20.8%

8.6%

51.8%

39.6%

The World is Heading Towards Elderly Crisis

• Elderly population:

• US - 45M in 2015, 85M in 2050

• China - 200M in 2015, 400M in 2040

• Japan – 30M (25% of population)

• Dramatic reduction in caregivers per family member

• Necessitates paradigm shift toward automated and remote monitoring

65+ population will be doubled in 30 years

5

65 years old and over

15-64 years old

0-14 years old 0

20

40

60

80

Page 6: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Multi Billion Immediate Addressable Market

• Population in developed countries – 140M

• Potential SAM of $10B -$20B,

• Current penetration rate of fall detectors is insignificant

Age 65+, Developed Countries

6

SAM penetration model

Parks Associates 2013, extrapolated Model

0

500

1000

1500

2000

2500

3000

3500

2017 2018 2019 2020 2021 2022

M U

SD

Year

Australia

UK

Sweden

Norway

Italy

Germany

France

Finland

Denmark

Japan

Israel

Canada

USA

Page 7: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

The EchoCare Breakthrough SolutionNon-Wearable PERS (Personal Emergency Response System)

7

RADAR based solution that automatically alerts an emergency & abnormal situations at home

Disruptive fall detector with very low false alarm (<1/Month)

Monitoring 4 essential body indications – Location, Posture, Motion, Respiration

Single device for a standard apartment

Through the wall coverage

Page 8: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

ECHO Form-Factor PrototypeCeiling deployment

8

Page 9: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

ECHO – How it works (Acute Fall)

9

Multiple Feature Extraction

Posture Motion RespirationLocation

Living Room

Lying Fall

HyperVentilation

Page 10: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Various Falls

• Collapse fall• Sliding in bath• Sliding from a chair• Repeated non-acute falls

Stress Cases• Long stay at restroom• Hyperventilation breathing• Abnormal motions

Sleep Monitoring

• Sleep Apnea• Exceeding restroom

access• Exceeding sleeping cycles

ECHO Supported Emergency cases

10

Page 11: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Additional Emergency Cases

Breathing stress during sleep

• Location – bed

• Posture – laying

• Motion – low motion

• Respiration – change from normal to hyperventilation

• Conclusion – Breathing stress

11

Long stay at restroom

• Location – restroom, 2 hour

• Posture – sitting

• Motion – low motion

• Respiration – normal

• Conclusion – 2-hour stay in restroom

Page 12: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Long Term Abnormal Cases

Repeated falls detection

• Identify & alert on several non-acute falls

• Take preventive actions to reduce acute-fall risk

13

Kitchen usage routine change

• CSA identifies a lower number of daily kitchen usage

Page 13: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

EchoCare Factsheet

• Founded – January 2015

• Seed investment

• Investor – Incubit Ventures

• IPR – several pending US patents

• Form-factor prototype

• Experienced team: business, founding start-ups, development

14

Location – Advanced Technology Park, Beer-Sheva ISRAEL

Page 14: EchoCare, Care, Boston, MA (USA)

EchoCare Technologies Proprietary Information

Thank You

15

Always-on, non-intrusive solution that provides seniors and their families, safety, comfort, and

peace of mind