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wearality Company: Wearality Corporation Contact: David A Smith. CEO 919/244-444R Products: Wearality OrigamiTm — Immersive Foldable VR 2014 Wearality AR/VR phone display 2015 Wearality Augmented Reality Glasses 2016 Industry: Virtual Reality, Augmented Reality, WebVR, Next Generation human/computer interfaces. Includes optics. tracking, hardware for real time graphics and a focus on a compelling and powerful user experience. Company Status: The Wearality team has spent the last five years developing patented world class technologies for augmented reality (AR) and virtual reality (VR) at Lockheed Martin for the defense industry. Wearality has an exclusive license in all fields except aerospace and defense. Product Status: Beta product (the JimmyTm) designed and first developer units will be available in November 2014. Contract manufacturing relationships already in place and production at retail volumes for under $200 per unit possible by Q I , 2014. Customers: In talks with Amazon and Apple to distribute the consumer version of the Jimmy. Commercial models may be white- labeled. Prospects in Pipeline: Sales partners: Apple Computer, Amazon, Hallmark. AutoDesk, Fidelity Revenue Expectations: $3,000,000 First Quarter 2015 through a combination of retail and B2B sales. (Approximately 15.000 units with the capability to produce and sell exponentially more to meet market demand) Financing Needs: $2,500,000 Series A, Q4 2014, $10.000.000 Series B. 2015. Current Investors: Angels, friends and family Use of Funds: Complete product development of the Jimmy" and have the working capital to enter product in the consumer market with a best in class, wide field of view, VR experience. This standalone VR device to be quickly followed by a more robust VR/AR lightweight wearable device. Exit Strategy: Acquisition by a large player in the computer systems market looking to leapfrog current competition in the VR space as well as provi

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Independent research project. Not affiliated with the U.S. Department of Justice, FBI, any government agency, or Anthropic. All analytical text on this site is AI-generated (Claude, Anthropic) and iteratively fact-checked against source documents, but may contain errors. Verify all claims against linked EFTA sources before citing.
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