SIM58
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Joined: 11/20/2010
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Sensors In Motion™ also known as SIM™; seeks private equity investors or a joint venture partnership to secure first stage funding in the amount of $4 Million Dollars. We seek to design, fabricate, and market a wearable smart Microelectromechanical System for the knee that will be embedded with wireless sensors to detect, prevent, and mitigate ACL, MCL, LCL, and PCL strains, and tears as well as wirelessly monitor, and transmit knee movement data in near or real time to hand held mobile devices or laptop computers. SIM™ intends to market the device by the brand name of PARISS™ which stands for Protective and Reactive Integrated Sensor System. SIM™ will subcontract the research and development for the PARISS™ prototype to Purdue University. Purdue University is a World renowned research university. The research and development team will be led by Dr. Dimitrios Peroulis as the Primary Investigator, along with his Adaptive Radio Electronics and Sensors (ARES) Group based at Purdue University's Birck Nanotech Center. Our Goal is to introduce revolutionary products into the market that will create a paradigm shift in the way we view personal protective equipment for the body because our sensors will literally think for themselves. SIM™ intends to aggressively compete and market our wearable smart sensor devices internationally in the personal protection equipment industry (PPE) which is a multibillion dollar international market.Our marketing and product strategy is also based on performance and quality because PARISS™ needs to be ready within a critical split-second when called upon even before the user is aware of the critical nature of his/her situation. The PPE market is regulated by OSHA which defines an occupational injury as any injury, such as a cut, fracture, sprain, amputation, etc. that results from a work accident or exposure involving a single incident in the work environment. Injuries can be classified as fatal and non-fatal. According to a Specialists in Business Information (SBI) report dated 2008, the Worldwide personal protective equipment (PPE) market reached $16.1 Billion in 2007 while the U.S. market reached $6.4 billion in 2007 growing seven percent over the 2006 level of $ 5.9 billion. - Specialists in Business Information (SBI), Personal Protective Equipment in the U.S., February 2008, SBI 1200 Rockville Pike, Rockville, Maryland, www.sbireports.com SIM™ will specifically target PARISS™ towards industries; such as logging, construction, manufacturing, shipbuilding, mining, etc., as well as federal, state, and local employees whose occupations place them at risk for knee injuries. Some of these occupations include: military personnel, law enforcement officers, fire fighters, and correctional officers. SIM™ intends to aggressively pursue secondary markets in the sports industry in both professional and amateur athletics. We also foresee additional markets in the Health Industry for post-operational knee surgery patients and Senior Citizens who may be at a high risk for knee injuries. We predict growth of at least 10 percent in the first year after we begin full scale operations with sales exceeding 10,000 PARISS™ units and 16,000 MEMS units without the PARISS™ Hardware.
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Micro Machine Sensor Product Seeking Equity Investors - 
