CANNAINVESTOR Magazine December / January 2016 - Page 67

MagicGPS Company Summary

The company is a Arizona corporation started in 2011.

Service and device have been in production with customers using it for over a year.

MagicGPS has US Patent # 9,307,399 which includes 10 claims is for “Wi-Fi connections from moving vehicles or items.

Test Marketing activities have delivered target customers every time

MagicGPS is a Disruptive Service much like “MagicJack”

Most Competitors are cell based don’t leverage Wi-Fi

Most Competitors have long term contracts with high fees

Over the past 3.5 years we have performed Wi-Fi feasibility testing, tested the how to find a Wi-Fi Hotspot and connect to it, created a prototype device, created customer cloud and dashboard for the service, change to a production IoT device platform, completed first successful beta test, developed packaging and shipping version of IoT device, completed first marketing test to determine market targets and message, shipped production version of IoT device and cloud, Applied and was awarded a patent, tested marketing message to targets and signed a few customers every time,…

Contact Info

MagicGPS

Vincent Nicosia, CEO

480-467-7300

vnicosia@magicgps.com

www.magicgps.com

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