CEO REPORT MARCH 6, 2020
Dear Shareholders, I am happy to report that our MyCadian app is working and is now available for download in the Apple App Store. We are now in a soft launch stage.
Our basic product offering which includes a CURA (Circadian User Risk Assessment) score, our Predictive Fatigue and Alertness analysis, Z-Coach, Notifications, and some other standard health and fitness metrics is now available. Some of our premium offerings, such as the myCadian data explorer will be available very soon. We should have more premium offerings in the product mix in the coming months.
We are now able to start our marketing and sales initiatives in earnest. Our initial push will be into the B2B verticals such as Trucking and Busing, Medical, Aviation, Municipal, and Corporate Wellness programs. We will also start to target large affiliate organizations whose members will be able to get substantial discounts on our wellness and safety technologies. Also, because we are now in the Apple App Store, we hope to eventually start entry into the general Consumer market. As with most startups, because we do not know the acceptance or the sales cycle for our technology, we cannot predict revenues at this time.
As you know this is a major (and illusive) milestone for CurAegis. Much of the credit goes to our new Vice President of Product, Brandon Hudson. Brandon is a software engineer with many and varied skills and talents. We hope to build our future technical team around him.
We continue to work on a sale, or other corporate relationship, to commercialize our Aegis Pump and Motor technologies. As we have stated previously, we are working with the investment banking advisory firm of Paramax Corporation. We are presently in communication with a number of companies to this end. We will report any results from these talks at the appropriate times.
We are currently raising operational funds on a month to month basis and hope to have sales revenue in the coming periods.
In order to realign our board to better reflect our concentration on our Fatigue Management and Software as a Service Technology, we are announcing the retirement of two of our Board members from active Board members to an honorary emeritus status. They are: John Heinricy Thomas Labus We are very grateful for their valuable service and look forward to their continued advice and counsel.
We are also announcing the addition of two new Board members and a new Special Advisor to the Board who will bring new talents, skills and experience to our more concentrated business plans, technologies and marketing. They are:
Aaron Newman Board Member: Aaron Newman is an entrepreneur having founded five successful startups: BlocWatch, CloudCheckr, Techrigy, DbSecure, and Application Security, Inc. Mr. Newman is currently a director of CloudCheckr. Mr. Newman authored the books Enterprise 2.0, published by McGraw-Hill, and the Oracle Security Handbook, published by Oracle Press. He is an acclaimed international speaker on technology topics and has been awarded multiple patents in database security and social media.
Prior to founding DbSecure, Mr. Newman held technology positions at Price Waterhouse, Bankers Trust, and as an independent IT consultant. Mr. Newman proudly served in the U.S. Army during the First Gulf War. Aaron currently serves as a Trustee of the Strong National Museum of Play, Nazareth College, MCC Foundation, Greater Rochester Chamber of Commerce, and the Rochester Police Foundation.
Dr. Walter Johnson Board Member: Walter A. L. Johnson is the Executive Director of the Rochester Data Science Consortium and the New York State Center of Excellence for Data Science. Dr. Johnson was Vice President of the Palo Alto Research Center (Xerox PARC), managing their Intelligent Systems Laboratory in Palo Alto until 2014 at which time he moved to Rochester to integrate Xerox’s Webster Research Center into PARC. Previously, Dr. Johnson served as Senior Vice President of Operations at SkyGrid, Inc., a real-time financial news analytics startup, as well as the Vice President of Strategy and Business Development at Uppercase, Inc., a tablet PC startup acquired by Microsoft in a $45M transaction. He is a former scientist in PARC’s groundbreaking Human-Computer Interaction group, where he specialized in intelligent interfaces for mobile and ubiquitous computing applications.
Dr. Johnson’s work on an embedded document application environment for multi-function devices led to the creation of a special enterprise-level division of Xerox, for which he received the Xerox President’s Award and the PARC Excellence in Science and Technology award. He also served as the Vice President of Strategic Operations at 12 Entrepreneuring, a business incubator in San Francisco. He holds 15 United States patents. Dr. Johnson obtained his Ph.D. in Cognitive Psychology from the University of Pittsburgh, and B.A. and M.A. in Cognitive Psychology at the University of Arizona.
Max Borges Special Advisor to the Board: Max Borges is CEO of the Max Borges Agency. They are a communications, creative services and digital strategies firm that services the Consumer and Corporate technology industry.
Their expertise is in:
Content Creation
Consumer Products
Corporate Image
Digital Communications
Event Marketing
Media Training
New Product Introductions
Social Marketing
Social Media
Sports Marketing
Consumer Technology
Brand Strategy & Brand Building
Strategic Advice & Counsel
Thought Leadership
We are very excited to have these professionals with our Company and look forward to their leadership for our future.
As always, thank you for your patience and confidence,
Richard A. Kaplan CEO CurAegis Technologies Inc.
