Executive Summary for the Connilly Company

Automatically Applied Brake Safety Device

The automatically applied brake safety device (AAB) is a patented product designed primarily as a safety device that has the potential to be installed on every vehicle.  The AAB will prevent runaway/rollaway vehicles.   

Functional Description

The components of the AAB are a seat sensor, software, microprocessor and brake actuator.  The AAB functions by utilizing the seat sensor to detect weight in the seat.  The seat sensor can be programmed to allow for the drivers weight to be entered into the microprocessor or a basic minimum seat weight can be set for multiple drivers (say 90 lbs.)If the seat weight matches the entered weight in the microprocessor, or if the seat weight is greater than the preprogrammed weight entered, the AAB will allow the vehicle to operate normally.

It is the variation in the seat weight that allows the AAB to perform its function.  If there is no weight in the seat and the vehicle is moving, the AAB will activate immediately.  If there is a variance in the seat weight +/- the allowable variance programmed, it will set off a timer (programmable time) in which the vehicle operates normally, and then it will shut the vehicle off.  

An Example: If a delivery truck operator, exits the vehicle with the engine on or off and by human error or other means, knocks the car into gear or neutral, the following takes place.  The seat sensor detects no weight or a different weight in the seat than what is was programmed to accept.  The seat sensor sends a signal to the microprocessor, which sends a signal to the brake actuator to grab the emergency brake cable and halt the vehicles progress.  The system can also be programmed to shut the engine off and sound the horn as an alarm.  

Target Market -  Delivery trucks, waste removal trucks, long haul trailers, consumer truck rental fleets and passenger cars. UPS (62,000 trucks), Waste Management (26,000 waste trucks and haulers), Federal Express, BFI Waste, DHL, Yellow Freight, U-haul, Budget, US Postal Carriers, School Buses, Police and Highway Patrol Vehicles. 

Automatically Applied Brake Safety Device
Why our patented technology?  It addresses a fundamental safety issue for vehicles. Accidents, Insurance Claims, Property damages, and Potential loss of life  

As reported by the CDC and the Trauma Foundation, the yearly totals for children injured or killed in an unattended motor vehicle averages about 3,000 per year in the United States alone.  Part of our business plan will be to license the IP to auto manufactures (Ford, GM, Mercedes/Chrysler, etc).  

Competitive Advantage

1. Utility patent covering the intellectual property.  US Patent #5,706,909.
2. Overseas – Manufacturing Experience – Low Cost / High Quality.
3. Large Customers with a strong incentive to buy.
4. Engineering expertise to produce the product.
5. Experienced management team in entrepreneurial enterprises.
6. Low monthly overhead.
7. No inventory or carrying costs.  All orders are built to suit.

Market and Exit Strategy

1. Complete development of the first production.
2. Install in local Sacramento UPS fleet.  
3. Secure large corporate buyers and or license for technology. 
4. Sell the technology and or business. 

Background Information.

We met with the local UPS Safety Manager (John McGann, Sacramento District) he told us he had 7 roll away vehicles in 2005.  His region paid over $350,000 in insurance claims in 2005.  He was very impressed with our technology and expressed to us that our product could save UPS millions of dollars in claims, damages, and loss of life.  He has committed to testing our product on some of his local fleet (5-10 trucks).  Based on his test being successful, he has stated that he would assist us in approaching the correct people with in the UPS, Corporate Headquarters in Atlanta. 

To a Fortune 500 company, this investment in technology represents a fraction of what they spend on insurance, claims, legal fees, and public safety.   For the same costs as putting new set of tires on their trucks, a company can outfit their vehicle with the AAB.

The product has been patented and the first prototypes have been built and tested. The funding requirements are to commercialize the software/firmware,    complete production units for customer testing, marketing support and sales. 

Best regards,
Michael Burns
President, Connilly LLC