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ZOOMSAFER 1 VENTURE SUMMIT MID ATLANTIC OCTOBER 2010

ZoomSafer @ Venture Summit Mid-Atlantic

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ZoomSafer CEO Matt Howard's "CEO Showcase" presentation at Venture Summit Mid-Atlantic

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Page 1: ZoomSafer @ Venture Summit Mid-Atlantic

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ZOOMSAFER

VENTURE SUMMIT MID ATLANTIC OCTOBER 2010

Page 2: ZoomSafer @ Venture Summit Mid-Atlantic

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FOUR KEY POINTS

Use of mobile phones while driving is risky behavior

Huge and growing problem

Employers are liable for employee behavior

1

3

2

4 Patented and proven solution is FleetSafer

Page 3: ZoomSafer @ Venture Summit Mid-Atlantic

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THE MOTIVE / MISSION / TEAM

In Sept 2008 Kyle was nearly killed because Matt Howard was reading a text while driving.

To minimize distractions, risk and liability for himself and others, Matt teamed with Mike Riemer and Mike Costello to develop ZoomSafer.

Page 4: ZoomSafer @ Venture Summit Mid-Atlantic

THE PROBLEM

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800,000 people are currently using a mobile phone…

while they drive 1

1 – National Highway Transportation Safety Administration

Page 5: ZoomSafer @ Venture Summit Mid-Atlantic

THE RESULT

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1,000,000 crashes, 500,000 injuries, and 5,000 deaths in 2008 1

Cost = $40 BN 2

1 – Smart Phone Penetration = 15% in 2008 . Projected >50% by mid 2012 (ABI, mMetrics, Nielsen)2 – $25k per crash, $150k per injury, $3.6m per fatality = $40BN (NHTSA, FMCA, Harvard)

Page 6: ZoomSafer @ Venture Summit Mid-Atlantic

THE GOVERNMENT’S REACTION

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Legislation in 38 states 1

1 – GHSA; 2 – EO 13513 Oct 2009; 3 – DOT 14-10 Jan 2010; 4 – DOL 10-1323 Oct 2010; 5 – S. 1938

DOT commercial ban 3

OSHA penalties 4

Executive Order 2

Senate bill pending 5

It is the employers responsibility and legal obligation to have a clear, unequivocal and enforced policy against texting while driving. Dept of Labor, OSHA -- October 4, 2010

Page 7: ZoomSafer @ Venture Summit Mid-Atlantic

THE CORPORATE PAIN

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increasing crashes, costs 3 and liability 4

Driver distraction is the leading cause of on-the-job crashes 1 and 50% of employees admit to texting and emailing when behind the wheel 2

1 – NHTSA & FMCSA 2 – Career Builder. November 2009 Survey3 – $25k per crash, $150k per injury, $3.6m per fatality3 – See H. Transport, Dyke Industries, Smith Barney, International Paper, Cooley Godward.

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Risk

FLEETSAFER SOLUTIONS

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Policy SolutionPatented software modifies employee use of phones while driving to reduce risk, liability and insurance costs.

Analytics SolutionMonitors distracted driving behavior, generates reports, and modifies behavior via employee recognition and training.

Page 9: ZoomSafer @ Venture Summit Mid-Atlantic

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THANK YOU!

Matt Howard, [email protected]