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TraceTrack

Technology, Limited

The Opportunity

Immediate commercialization of an advanced technology for ETD in cargo and baggage. Follow on opportunity in mail, parcels, containers, nuclear and biological agent detection.

The Company

• Incorporated in 2002 by Ornath and Kostelitz for the development and commercialization of AUTOMATED EXPLOSIVE TRACE DETECTION technology.

• Supported by the Israeli Security Agency (ISA) and the US TSWG.

The Technology

• Unique trace collection which extracts samples from inside as well as outside of baggage.

• Compatible with existing analytical instruments.

• Low cycle times estimated at <20 seconds.

• May integrate into in-line systems.• A scalable concept for cargo as well

as baggage.• False positives less than 1%.

Prototypes

Mark 2 Mark 3

Mark 4 in development

Current Performance

• Challenge conditions:– External multi-generation C4 fingerprints.– Internal bulk C4 and TNT.– Unperturbed clean room prep.– Simulated shock and vibration

• Periodic evaluations by the ISA.• Report of results follows:

Manual and Automatic Detection

0

20

40

60

80

100

1 2 3 4FINGERPRINT GENERATION

Inside surface

Fingerprints on Steel

pipe

TNT Block

Manual Sampling

* ** *

* Manual sampling results assume skill and adherence to procedures.

EXTERNAL INTERNALTraceTrack

TraceTrack Features

Manual AutomatedTraceTrack

Detection rate: External Fingerprint

Depends on operator and procedures.

99%

Detection rate: Internal traces and bulk explosive

0% 85% to 99%

Operation cost Manpower and training

intensive.

Reduced headcount.

Footprint Large Small or integrated

Reliability/Repeatability

Subject to fatigue induced

errors.

No operatorsProven

performance

TECHNOLOGY DISDVANTAGES

CT-EDS Computed Tomography

High cost and large footprint.

ETD Manual external trace detection.

Manual; Fatigue and error prone technique.

QR Quadrupole resonance

Not certified. Limited sensitivity.

X-RAY X-ray imaging Fatigue and error prone. No direct explosive detection.

Competitive Technologies

Competitive Environment

• No other automated trace sampling method is imminent.

• The competition is seen as human screeners, estimated to cost $50,000 per shift per year.

• The long-term threat is a totally integrated “most common threats” detection system, but none are seen as imminent or cost-effective at this time.

Market Potential

Explosive Trace Detectors Estimated by TraceTrack2006 2010

Airports / Seaports 4,300 3,000 Government 1,500 2,000 Private Sector 1,100 1,500 Subtotal 6,900 6,500 Airports / Seaports 1,500 2,200 Government 1,000 1,500 Private Sector 700 1,100 Subtotal 3,200 4,800 Airports / Seaports 800 1,200 Government 550 800 Private Sector 400 600 Subtotal 1,750 2,600 Airports / Seaports 6,600 6,400 Government 3,050 4,300 Private Sector 2,200 3,200 Grand Total 11,850 13,900

Worldwide Summary

Ex USA & Europe

USA

Europe

The Broader Market

Global targets:•Airports•Seaports•Government Facilities•High Profile Office Buildings•Rail and bus transit•Military bases•Sports stadiums•“Sensitive sites” (amusement parks, malls, etc.)

Summary

• Need exists• Technology works• Value proposition on target• Resource requirements minimal

relative to potential gain• Return can be fast, attractive,

sustainable• Time to confirm all is minimal• A window of opportunity exists.

Major Milestones

• Develop and test prototypes.• Obtain ISA/TSA validation of the

technology.• Partner with an established supplier.• Obtain TSA certification.• Penetrate the domestic airport cargo

market.• Address carry-on screening.• Address other markets.

Near term objectives

• Additional investment– Fully automated, pass through prototype.– Certification by the TSA.– A cargo scale product.– A domestic US presence.

• Market development– A domestic US partner.– Integrated product offering(s).– Marketing – Manufacturing as required.

• Development of additional products

The TraceTrack Team

• Dr. Fredy Ornath– CEO, Inventor and Entrepreneur,

• Avi Kostelitz– VP, former CEO, Israel Airports

Authority– Major General (Ret.), Israel

Security Agency