You are on page 1of 23

HITC

Healthcare Integrated Technologies Inc

Meet the Future Force in Senior Care

Healthcare Integrated Technologies Inc


The art of the possible.

Better Health Through Technology


HITC
Healthcare Integrated Technologies Inc

CAUTIONARY NOTE REGARDING


FORWARD-LOOKING STATEMENTS
This presentation contains “forward-looking statements” within the meaning of the
Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and
Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”). Forward-looking statements discuss matters that are not historical facts.
Because they discuss future events or conditions, forward-looking statements may
include words such as “projected,” “anticipate,” “believe,” “estimate,” “intend,”
“could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “predict,”
“project,” “forecast,” “potential,” “continue”, negatives thereof or similar expressions.
These forward-looking statements are found at various places throughout this
presentation and include information concerning: possible or assumed future
results of our operations; business strategies; future cash flows; financing plans;
plans and objectives of management; any other statements regarding future
operations, future cash needs, business plans and future financial results; and any
other statements that are not historical facts.
 
From time to time, forward-looking statements will be included in our other
periodic reports, in our press releases, in our presentations, on our website and in
other materials released to the public. Any or all the forward-looking statements
included in this presentation and in any other reports or public statements made
by us are not guarantees of future performance and may turn out to be inaccurate.
These forward-looking statements represent our intentions, plans, expectations,
assumptions and beliefs about future events and are subject to risks, uncertainties
and other factors. Many of those factors are outside of our control and could cause
actual results to differ materially from the results expressed or implied by those
forward-looking statements. Considering these risks, uncertainties and
assumptions, the events described in the forward-looking statements might not
occur or might occur to a different extent or at a different time than we have
described. You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this presentation. All subsequent
written and oral forward-looking statements concerning other matters addressed
in this presentation and attributable to us or any person acting on our behalf are
expressly qualified in their entirety by the present cautionary note regarding
forward-looking statements.
What problem are we solving?

If a senior falls, they can die.


Let me repeat that.

They can DIE from it.


Here's some stats about
how often that happens.

A senior dies The primary


from a fall every fatal injury in
19 minutes, seniors is
falling.

A senior is  9,500
treated in the seniors
25% of all
ER for a fall die from
seniors fall
every 11 falling every year.
seconds. each year
in the US.

And the older they


50 get the more often
%
Wherever you they fall.
see blue text
or this link If you're a senior,
icon you can
click on it for 25 falls are serious.
more info.

But it's actually


worse than that
0 though because...
65 70 75 80 85

Percentage of seniors at high risk of


falling within a year, by age group
The problem is...
Weird but true:
If a senior is afraid of falling,
they are more likely to fall.
13 elderly people were seated in a circle at
the Riverdale Senior Center in the Bronx.

''I think it's very important that we all talk


about it. Talk about that fear.''

One grim-faced woman in the audience


cleared her throat: ''Yes, you develop an
awful fear. You don't know when it's As seniors become more scared of
going to happen. It starts affecting you falling, they cut back on activities.
emotionally, mentally and everything Some eventually withdraw from life,
else. Eventually you get paranoid. You're effectively imposing immobility on
afraid to do anything. So I'm living with themselves. The less they move, the
this terrible fear of walking. If you stay more their physical condition
home, you go crazy. If you go out, you're deteriorates, and the higher the
in fear. Where's your life?'' probability of falling gets.

Because they fear it - it becomes


their fate.
60
Weird but true: fear of falling is a self-
fulfilling prophecy.

40
Click here for the full
full New York Times
source article.

20

0
65 70 75 80 85 If only there were a
Men Women product that could
help reduce that
Percentage of seniors who perceived a risk of falling (you knew this part
by age and sex, 65 and older. Canada, 2008-2009.
fear... was coming)
Is There a Solution?

SafeSpace
This is the SafeSpace, it hangs on the
wall and silently monitors a room. If
someone falls, it calls a series of pre-
programmed phone numbers until
someone answers. The person who
fell can then talk to them and ask for
help.

Banana for scale.

The SafeSpace uses a radar chip to create a


dot-matrix representation of people. This is
much more private than video. It can also see
in the dark, and through furniture. It has a 97%
accuracy rate, which is higher than
accelerometer-based fall detectors like the
Life-Alert pendant, or the Apple Watch.

Powered by
Is There a Solution? (Continued)
Suite 201, Living room Suite 523, Kitchen
SafeSpace
SafeSpace

In a professional setting
such as assisted living
or a hospital, all of the
SafeSpace units send
alerts to a central
dashboard which a
professional monitors
for falls and is trained to
respond appropriately.

Falls appear as an
alert with a red
icon on the
dashboard.

A responder
monitors the
central
dashboard.

The SafeSpace can also


text and call a series of So not only will we
pre-programmed reduce the time to
numbers, in case staff rescue - saving lives -
doesn't sit at the but we'll also
dashboard 24/7.
reduce the
fear of falling

and that all by itself will


reduce the number of
falls, saving even more
lives.

Cool how that works,


huh?
Aren't there other fall detectors?
Yes there are, so...

Let's compare.
There are 3 types of automatic fall detectors:
Wristwatch, Pendant, and Radar.
This one's
ours

Watches, phones and pendants


use accelerometers - they have WristWatch Pendant Radar
accuracy issues because you
have to fall hard and fast. eg FitBit eg Life Alert SafeSpace

Accuracy 14 - 80% 14 - 80% 97%

Per-month fee (average) $45/mon $60/mon $30/mon

Central Alert Dashboard No No Yes


24/7/365 Coverage No No Yes
Detects Slow Falls No No Yes
Stigma-free No No Yes
Nothing to remember No No Yes

Battery-less No No Yes

The feedback we "Although I can take a


pendant with me, I
are getting from don't like wearing it "When I get up in the
customers is night I'm groggy and
because it makes me Comparative
feel old. And I sure it's dark - that's when I
could fall. I'm not customer
don't want to have to feedback is
wear it 24/7, especially going to remember to
around the house, so I put on any fall-thingy, positive, so I
like the SafeSpace a lot and it bothers me if think we have
better." wear it when I go to something good
sleep. That's why I like here.
the SafeSpace."
So, who is our customer?
Who are we targeting, and what are their pain points?

Our primary target customer is the CCRC - the


Continuing Care Retirement Community.

Ok, so what are the pain points


of a CCRC?
What's a CCRC?
A CCRC is a set of
housing units - called a PAIN POINT 1: STAFF
community - for seniors
to live in when they CCRCs have a high staff turnover
retire. This community
setting offers all the care
1 rate - averaging 34% per year, due to
heavy workload. Anything which
reduces stress or staff workload will
they will need as they help reduce that turnover rate.
age, and so it offers a
way for a senior to stay
in the same place as
they age. This is called PAIN POINT 2: LEGAL
"aging in place," or AiP. If a resident or a staff member is

2
AiP is the go-to now for injured on premises, that's a potential
seniors - 76% of seniors lawsuit. There are even attorneys who
want to age in place; specialize in senior housing lawsuits
and they advertise to residents, family
they don't want nursing and employees to drum up business.
homes.

There are 2,000 CCRCs


in the US, providing 4 PAIN POINT 3: LENGTH OF STAY
million housing units. It
The average age upon entry of a

3
is a $190B market, resident is 80, so the average
projected to reach length of stay is short: it's only 2.3
$261B by 2026 - a 37% years. Anything which increases
that number adds to the bottom
increase in the next 5 line.
years.

This expected growth is


due to the desire for AiP, PAIN POINT 4: EXPENSES
plus the boomers are There are a lot of expenses running a
retiring; between now
and 2030 the number of
over-65's will increase by
CCRC. They must maintain housing,
manage staff turnover of up to 80% a
year, facilitate annual resident influx
4
of 45% and dispute a stream of
10k every day. lawsuits.

Can you see yet why a


CCRC would want fall
detectors?
What's that? You
can't? Well here let
me explain it to
you...
How do we address the CCRC's pain points?
And how does that affect the CCRC's bottom line?

PAIN POINT: STAFF PAIN POINT:


With our SafeSpace fall detectors LENGTH OF STAY
installed, falls will be detected
In a 5-year controlled
much sooner, and staff will need
study in which fall
to check on at-risk residents less
detectors were installed in
often, reducing staff workload and
half of the housing units in
stress, and increasing staff
a senior community,
retention.
average length of stay in
those units increased to
In addition, because we offer a
4.3 years, compared to 2.6
complete package, there is no
years in the units without
additional workload placed on the
fall detectors.
staff to install, troubleshoot,
maintain and upgrade devices.

PAIN POINT: LEGAL


With SafeSpace
detectors in every suite,
staff will receive fall
alerts at the time that
falls occur, and be able
PAIN POINT: EXPENSES to respond much more
quickly, leading to fewer
The SafeSpace detectors
injuries and deaths, and
will reduce expenses
Our SafeSpace detectors are ideal for CCRCs in turn fewer lawsuits,
because they reduce the
because unlike our competition, we have a ultimately resulting in
amount of checking central alert dashboard, our detectors can reduced legal fees and
required on at-risk be pre-installed into the suites, and we do settlements.
residents, and the CCRC not depend on the resident to do anything,
can build the cost into making our fall detection inherently more
housing fees, even reliable and accurate in this situation.
possibly creating a new
A CCRC is an ideal customer for us because
revenue stream for the
they will order a large number of SafeSpace
CCRC. Our fall detectors detectors at a time thus providing a long-
may also reduce legal term high-value subscription revenue
expenses. stream.
HITC
Healthcare Integrated Technologies Inc

Do we have any feedback from CCRCs so far?

"There's no downside
to this for me. You
guys do the install,
and we pass on the
cost to the resident.

It's a win-win."

"It nearly doubles the


resident's length of
stay, reduces their fear
and our liability, and
the resident doesn't
have to do anything."

"This is great for


our memory
care unit
because they
don't remember
to use other
kinds of fall
detectors."

"Brilliant. You guys


really have
something here. I
think you're going
to ring the bell on
this one."
The feedback is
overwhelmingly
positive.
Sounds great.
Do you have any
more tricks up your
sleeve?
Our Simple Plan for Growth
What's our strategic vision to grow the company?
This is our three-step plan for growth.

REVENUE
FROM YEAR 1
Generate a revenue stream right from
year 1 selling SafeSpace units with
subscription fees, and gain presence
and market share providing enterprise-
scale implementations for Senior Care.

KEY PARTNERSHIPS
Creating key partnerships with vendors of
thousands of already-developed products, we will
offer a suite of products like thermal cameras,
telemedicine and care robotics which seamlessly
integrate at a never-before implemented Senior
Care enterprise scale. Our value-added will be the
software integration backbone and sales channel
to an established customer base.

MASSIVE INTEGRATION
AND BIG DATA ANALYTICS
In the chaotic growing market of Senior Care devices,
we will position ourselves as the "grand integrator"
implementing the enterprise-level equivalent of
Amazon for Senior Care solutions, with all devices
feeding into one massive analytics database, training
AI, predictives, and generating analytic product sales
opportunities.

Sounds good. Do
you have any plans
on what and when?
Our Timeline

Here's our timeline for the


coming year
Big Data
We start our timeline with a
production product and a
600-suite pilot customer, with
many more customers 2.0
currently waiting to sign up.
After our launch
implementation we expect to @Home
be revenue-positive, and that
should occur by Q2 2021.

RPM July, 2021


Release big data
analytics Phase
One.
Launch May, 2021
Release Ambient
2.0 with support
for
Pilot staff task
Jan, 2021 automation via
We are currently voice
in discussions ADL reports
with Evicore, fall prediction
giving us a remote vitals
Sept, 2020
significant entry thermal cameras
We have a opportunity into automated
company waiting the post-acute configuration
to partner with us care market abuse detection
to implement a of 1.7 million pet detection
Aug, 2020 para-RPM homes.
monitoring
Install 2,400
program.
SafeSpaces in 600
suites at our pilot
Begin developing
Jun, 2020 customer's
2.0, adding
location.
Install 24 SafeSpaces enterprise-scale
during renovation of 6 Sign additional dashboard
suites at our pilot customers. automated room
customer's location. configuration
fall prediction
CEO cross-
enterprise
reporting
HITC
Healthcare Integrated Technologies Inc

Can you share details on how you will gain market share?
First, let's get our bearings. Here's the Senior Care Market Map.

We're going here


What? Do you mean you're trying
We are here to target the entire Senior Care
market space? How? I thought you
This is the bigger opportunity. only had a fall detector.

Senior Care Market Map

The Senior Care Most companies don't We'll just do what we're
market is comprised know how to process good at doing: developing
of thousands of at a Fortune-500 scale. and implementing the
small-tech pioneers It's exceptionally world's largest systems,
who all want to get difficult to do, even for driving small companies
bigger, but most are the Fortune-500. into exponential growth,
missing an essential and apply it to this
element: enterprise- So, this $740 billion burgeoning market.
scale senior care market and
implementation these pioneers are ripe We're about to integrate
experience. for partnership or the heck out of the Senior
acquisition by Care Market space.
And that's where we someone who -can- do
come in. that processing. Because we can. But just who
-are- we?
Who's riding this horse?
And has this jockey won any races?
Scott M. Boruff
CEO I grabbed the reigns of
Miller Energy as a 33-cent pink
HITC Inc. sheet and I whipped it into a $9
NYSE racehorse in 5 years. I'm in
the saddle of a new racehorse
now. His name is HITC. I kinda
like him. Wanna ride?

CEO, HITC
2020 Developing
ambient sensing
for senior wellness

NYSE:MILL
2013
reaches $8.83

Rings the bell at


2011
NYSE

Rings the bell at


2010
NASDAQ

CEO Miller Energy,


2008
$0.33 pink sheet

Investment
banker, Director of 2006
Cresta Capital

Commercial real
1991
estate developer

Co-founder, Boruff
Insurance Group, 1985
Successful exit in 6 yrs

“If I had asked people what they wanted, they


would have said faster horses.” - Henry Ford
And here's our data jockey.
Or, you might call him our data junkie.

I led the 30-developer


Ken Greenwood team at Random House creating
CTO their Royalties module - the
world's largest module for SAP - in
HITC Inc. 9 months, after the previous 2 Big-
Six attempts failed. It was also the
first enterprise-scale application of
OO design.

2020 CTO, HITC

Technical & big


data architect, 2019
trainer, hundreds
1997
of Fortune 500's

Creator, Optimax, first AI


2004 genetic optimizer for
automated trading.

Dev Lead, Random


House, for world's 2000
largest SAP module.

Instructor, SAP ABAP


1999
Our vision is to bring enterprise-scale certification academy
software development to the Senior
Care market. Because that's the
potential scale for not just this fall Author, Sam's
detector, but also for the multitude of Teach Yourself
1998
devices which we will integrate after ABAP, Macmillan
this. Publishing

To do that successfully and smoothly is


Founder, Modus Novus,
going to require us to apply the 1997
SAP Training & Consulting
development, integration, and
implementation skills employed by only
the largest of Fortune 500 companies.
Data Security 1993
Luckily, that's the experience I bring to
Royal Bank
the HITC table.

So, Senior Care market, we're ready for


you. Bring it on!

"Data is better than emotions."


Who else is riding?
And what races has this jockey won?
Jurgen Vollrath
Reporting directly to Chief IP Counsel
Hasso Plattner, in 11 short HITC Inc.
months I grew SAP's patent
portfolio from 250 patents total
to 460 per year, then negotiated
an IP cross-licensing agreement
between SAP and Microsoft, the
first of it's kind in the world.

2020
HITC
Chief IP Counsel

Partner,
Aventurine Private 2019
Equity Fund

Corinthian acquired,
2015 successful exit,
NASDAQ:EYEN

Founder,
Corinthian
2011
Ophthalmic,
raised $12M

Negotiated
landmark cross-
2004 licensing agreement
between Microsoft &
SAP
At HITC we are developing enterprise-
scale software, and software at that
Chief IP Officer level presents the potential for a
2002
SAP As founder of minefield of uber-expensive patent
Corinthian Opthalmic, infringement litigation and licensing
a medical device start- fees. Not only that, but 80% of the
up, I took it from value of a software company is held in
Managing Partner inception to successful
1999 it's patent portfolio, so with those
Arter & Hadden exit, developing a factors in mind we opted to integrate
piezoelectric eye into our core team a major player in
dropper for nano-liter the patent space to play a proactive
Senior Patent Counsel precision dosing. role, ensuring we are not infringing
National 1996 and also filing new patents at their
Semiconductor inception, building value and
protecting our business from
infrigement by others.

"We are CURRENTLY not planning on conquering the world."


HITC
Healthcare Integrated Technologies Inc

Is there anyone else on your team?


Yes! Click the LinkedIn icon to drill down to the details.

Charles Lobetti Amy LaGrant Matt Brown


CFO Gerontologist Brand Strategist

30 years of tax 15 years of marketing 20 years of health-


accounting, small and branding with a centric marketing
and large cap SEC focus on boomers, and image
reporting and seniors and development.
financials. caregivers.

Bradley Hodge Brad Pruitt Anya Corcoran


Advisory General Account Acquisitions Advisory SEC Counsel
Counsel
13 years accelerated 12 years in corporate
30 years specializing sales campaigns and law, specializing in SEC
in financing, account growth with listings and filings,
acquisitions, and a focus on in contract negotiation,
commercial emerging markets. and corporate
transaction law. governance.
HITC
Healthcare Integrated Technologies Inc
Is our target market and
demographic growing?

YES
Projected $ Billions to be spent
on CCRCs through 2026.
300 $ Billions

According to CMS, consumer


200 spending on CCRCs will rise
steadily through 2026, from
$192B to $261 billion - a 36%
100
increase, or 6% growth year-
over-year for 6 years.
0
This market isn't just going
2020 2022 2024 2026
to grow, it's going to boom.
2021 2023 2025
Projected $ Billion spent on CCRCs through
2026. Data source: CMS

Projected population age 65


and over through 2050
100 Millions

According to census.gov, the


American 65-and-over
population will increase by a
50 whopping 62% - from 55 million
in 2020 to 89 million in 2050.
That's 2% growth year-over-year
for 30 years.
0
This is going to be a remarkably
2020 2030 2040 2050
reliable and stable growth
2025 2035 2045 period for the next 30 years.
Projected population age 65 and over for the
United States in Millions.
Data source: census.gov
What is our revenue model and
Financial Projections
for the next 5 years?
Our revenue model is hardware sales plus
income from monthly software and
maintenance subscriptions.

300,000,000
We begin Year One marketing a ready-for-
retail product to a large and growing
commercial market segment which has a
250,000,000
strong need for the product and adds to Gross Revenue
their bottom line. We end Year One with a
revenue stream after our first enterprise- 200,000,000
scale implementation of 2,400 SafeSpaces.

According to initial forecasts, we expect our 150,000,000 Gross Margin


gross margin to be about 51%, and so we will
have plenty of cash flow to invest in new
R&D. 100,000,000

Every CCRC we have contacted expresses


strong interest, so we think a target of 3% of 50,000,000 Expenses
market share by Year Five is imminently
achievable, yielding a gross margin of $127
million that year. 0
% of market % % % % %
01 26 74 54 37
captured 0. 0. 0. 1. 3.
HITC Patent Filing Timeline 2020
Healthcare Integrated Technologies Inc.

We will be filing 14 patents in two phases. We use phased filings so that


we can group together patents containing similar material. This prevents
prior art from being created which could be used to invalid a patent
during a challenge.

PHASE 1 There are 9 patents in this group and we art


targeting a provisional filing date of August
31st, 2020.

Claims Spec
Docket # Description Filing date
Done? Done?

HITC-001 A system for validating transactions involving interactions with a user Y N Aug 31/2020

HITC-002 A system for improving the emotional and physical health of users Y N Aug 31/2020

HITC-003 Fall Detector – image capture device Y N Aug 31/2020

HITC-004 Emergency alert and response system – re, CO, smoke Y Y Aug 31/2020

HITC-005 A system for monitoring people in a de ned location Y N Aug 31/2020

HITC-006 A smart toilet seat that includes at least one toilet seat sensor Y N Aug 31/2020

HITC-007 Remote Medicine based on video link and sensor data Y Y Aug 31/2020

HITC-010 Stroke Detection and Mitigation Y Y Aug 31/2020

HITC-014 A system and method for implementing remote medicine Y Y Aug 31/2020

PHASE 2
There are 5 patents in this group and we art
targeting a provisional filing date of October
31st, 2020.

Claims Spec
Docket # Description Filing date
Done? Done?

HITC-008 Virtual assisted living platform N Y Oct 31/2020

HITC-009 Audit trail and Auto Billing N N Oct 31/2020

HITC-011 A method and system for preventing medical insurance fraud N Y Oct 31/2020

HITC-012 System and Method for Tracking a user’s health status N N Oct 31/2020

HITC-013 AR and VR system for remote medicine and surgery N N Oct 31/2020

Private and confidential


Property of HITC Healthcare Integrated Technologies Inc.
HITC
Healthcare Integrated Technologies Inc

How can you have 14 patents in the pipeline already?


It's due to our unique approach
to the patent process.
Our Chief IP Counsel Jurgen Vollrath
developed a unique methodology when he
redesigned the patenting process at SAP AG,
and there he grew the SAP portfolio from 8
patents per year to 450 per year. At HITC we Leverage
have implemented Jurgen's methodology,
and in his first 4 months we have 14 patent For each competitor in our market space, we examine their
applications in preparation which are soon to patents, identify gaps, and patent those gaps. If they
be filed. We expect even more to be filed by expand their functionality and grow, we'll hold the keys.
year-end and even more next year due to
Jurgen's unique strategy and abilities and
available novelty in this fledgling technology
space. Maximize
For each innovation we identify, we extrapolate
into the abstract, and write the patent to the
generic scenario, creating the widest possible
patents with the greatest coverage, preventing the
competition from leveraging in on us.

Our Patent Strategy Challenge-proof


Since Alice, 65% of software patents
are rendered invalid in courtroom
Leverage challenges. The problem? They are too
abstract. We reduce the abstraction by
Maximize tying the patent to hardware, making it
concrete, and so it will be able to
withstand courtroom challenges.
Challenge-Proof

Avoid Avoid
For every process and device we build and
Optimize implement, we examine pre-existing patents.
For each patent, we ensure that we modify
our product or process in such a way so as
to not infringe, avoiding expensive future
litigation and licensing fees.

Optimize
For each patent, we first file a provisional without any
claims. This gives us the quickest filing possible,
locks in a first-to-file date, and costs little. As the year
ticks by on those applications, we then file additional
provionals, and when the time is up on the first
provisional, we fold together patents to reduce the
total number of final filings to minimize the expense
of the finalized patent application, which can run as
much as $60k per non-provisional application.

and there's just one more slide...


This is the final slide, so...

INVESTMENT ALERT!
INVESTMENT OPPORTUNITY DETECTED
We are listed at OTCMKTS: HITC
SafeSpace

We have an in-demand product


with an initial target market size
of 8 million devices

We have a Fortune-500
enterprise-level team with
proven track records

We have a pilot
Why buy customer with an install
scheduled by July 31st

HITC?
We have agreement to roll out a
full-scale implementation of
2,400 fallbots after pilot
completion

We have five patents about to


be filed within the first 2
months of planning

We have a long-term strategy


to integrate the entire
continuum of home and
professional health care devices
HITC
Healthcare Integrated Technologies Inc

Let's Connect Scott.Boruff@getHITC.com

+1 865-719-8160

getHITC.com

twitter.com/getHITC

facebook.com/getHITC

linkedin.com/company/getHITC

You might also like