Introducing Technology Preserving Sight for Everyone Confidential - Proprietary information of El-Vision Ltd. Contact: Mr. Arthur Rabner: 42 Ha-Rakevet Str, Tel-Aviv 67770, Israel. [email protected] +972-54-4447948 The Company Operation Started: Aug 2006 CEO: Mr. Tal Dilian CTO and Founder: Mr. Arthur Rabner Financing: About $1M (IL OCS, IL/US Private) Full Time Employees: 6 2 Ophthalmic Arena Bottlenecks 1. Underserved Populations (aging, diabetes, low awareness/income, remote areas) 2. Today Vision Screening services are not effective (mismatching ~30% - 60% of cases) 3. Tight Competition between Eye Care Professionals (50,000 in US ) 4. Tight Competition on High End Diagnostics Instruments Market (Total $1.5B in US, 10% growth) 3 The El-Vision Solution All-In-One Device for High-End Vision & Eyes Screening During 5 – 15 minutes The Vision of Final Device Communication Link Eye Care office with plug-in El-Vision’s SW into EMR Eye care assistant Patient under Test Examination is performed in an office or in any other place 4 El-Vision’s Opportunity Manufacturers Instruments $1.5B/year in US 10% growth Users Old Players Low End (< $5K) Vision150,000 Screeners El-Vision Old Players Startups Old Players Leaders Leaders Startups Leaders Sales Growth Competition promotion High End Vision Med Range & Eyes Screener (<$25K) High End: ( > $25K ) New Players Primary Care Increased Physicians Demand 50,000 Ophthalmic delegate delegate Optometrists Ophthalmic Specific Specific Disease Disease Assistants Assistants Ophthalmologists specialization Experts Experts Extended Audience Fight for customers Population ================= Preliminary exam Comprehensive direct Prompt Vision & Eyes More Cheap Screening Treated Underserved Remote Users Treated refer •Prescription General ODs / OMDs •Primary Eye Care More •Follow-up •Special •Special Eye Eye Care Care •Follow-up •Follow-up 5 El-Vision: 12 months Milestones / Financials VATest-rev2 Prototype part1 VATest Production Version part2 part3 Regulation Activities VATest FDA Application Proceeds Aug09 Jul09 Jun09 May09 Mar09 Feb09 Jan09 VC/Corporate Funds Raising (round A) Dec08 Nov08 Oct08 $1M raising Sep08 Funds Raising part3 (in US) Apr09 Clinical Studies VATest-rev3/4 $50K $50K $50K $70K $60K $90K $90K $100K $110K $120K $130K $120K $1,040,000 6 Thank you More detailed information is available, please contact the CTO of El-Vision, Arthur Rabner: [email protected]
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