virtual communications corporation
TRANSCRIPT
alicereceptionist.com
2
DISCLAIMER
OfferBoard Securities, member FINRA/SIPC, has been retained by the issuer as its private placement agent. This investment opportunity is being offered exclusively to Accredited Investors as defined under Rule 501 of Regulation D of the Securities Act of 1933.
Securities acquired in private placements are not publicly traded and therefore less liquid. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to lose their entire investment. The issuer may require more capital in the future to continue growing, with no guarantee that it will be successful in securing it.
Purchase of the shares subjects the prospective investor to a number of material risks. These risks include but are not limited to (i) development stage of business, (ii) inadequacy of funds, (iii) dependence on management, (iv) risks associated with expansion, (v) development of customer base and market acceptance, (vi) competition, (vii) possible fluctuations in operating results, (viii) risks of borrowing funds, (ix) unanticipated obstacles to execution of the business plan, (x) management discretion as to use of proceeds from this and other financings.
This document does not constitute an offer to sell or a solicitation of an offer to buy any security and may not be relied upon in connection with the purchase or sale of any security. Any such offer would be made only by means of a formal private placement memorandum. Offers and sales will be made only in accordance with applicable securities laws and pursuant to the private placement memorandum, subscription agreements and other definitive documentation.
By accepting these materials, the recipient agrees to keep confidential the information contained herein and made available in connection with any further investigation of the issuer. These materials have been prepared for informational purposes relating to this transaction only and upon the express understanding that they will be used for only such purposes. The recipient shall be entitled to rely solely on the representations and warranties made to it by the issuer in any definitive transaction agreement. OfferBoard Securities does not make any express or implied representation or warranty as to the accuracy or completeness of the information contained herein.
3
CONFIDENTIALITY
This presentation includes statements that may constitute “forward-looking” statements, which may be identified by the use of forward-looking words or phrases such as “believe”, “project”, “expect”, “anticipate”, “potential”, “should”, “could”, “may”, “intend” or similar expressions. All forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements and include matters related to expected financial results or liquidity needs. Factors that may cause or contribute to such material differences include changes in general economic conditions, consumer buying patterns, competitive developments and unforeseen changes in costs. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
This presentation is confidential and we have prepared it solely for use in connection with the Capital transaction for a cash secured Letter of Credit. We have submitted it only to the individual or entity named in the accompanying confidentiality agreement for use alone or with the prospective purchaser’s accountant, attorney or investment advisers. You may not disseminate, reproduce, duplicate or deliver this memorandum to any other person or entity without our prior written consent. By accepting delivery of this presentation, the offeree agrees to keep strictly confidential the contents of this memorandum / deck and to return the memorandum / deck and all related documents to us if the offeree does not complete a transaction as contemplated by the offering.
4
PRODUCT INFORMATION
Building Security & Visitor Management Technology
VIRTUAL COMMUNICATIONS CORPORATION (VCC), was formed to develop and market business technologies for commercial, industrial and governmental entities.
The Company’s flagship product is the ALICE Receptionist software (“A Live Interactive Communication Experience”). The ALICE system is provided as a software subscription.
ALICE is a technology method providing live, two-way video communications between visitors and employees and uniquely bridges what traditionally have been two separate issues: visitor management and building security. The company is breaking new ground in bringing remote intelligence to the greeting and service of visitors in a receptionist environment.
5
PRODUCT FEATURES
ALICE Receptionist hardware platforms include Desktop, wall-mounted, and kiosk.
The system can be activated through motion detection or when the visitor touches the screen to start the process. A pre-recorded or customized video greeting offers to connect the visitor to the person they wish to visit. Alice is multi-lingual.
A receptionist or employee (local or remote), can communicate with visitors by video. The employee can then connect the visitor to the person he or she wants to visit, enable entry, generate a visitor pass, answer questions and give directions in a safe and efficient manner.
6
PRODUCT FEATURES
ALICE improves building security by augmenting door admittance technology,
permitting the business to keep doors locked while still greeting visitors in a face-to-face
manner.
Employees can communicate with visitors from any desktop or mobile device and is not limited to a connection between the
employee’s office and the lobby. Employees are also able to monitor the reception area
through real time live video feeds.
ALICE includes a Company directory and office maps. It also provides the option for
the visitor to leave a video or voice message for business employees.
The software can be cloud-based or hosted on-site with secure remote access. This
works well for for enterprises with security concerns such as government entities.
6
7
AWARDS & RECOGNITION
ALICE Receptionist named one of the six Cutting Edge Gadgets to Watch by Inc
Magazine.
Out of 29 startups at stage at the SXSW Startup Celebration, ALICE Receptionist was awarded Best in Show, Late Stage.
ALICE Receptionist was the winner of Infocom StartupCamp a competition of 37 startup companies impressing the judges as each one stated that he was excited by
the solution.
8
MARKET SIZE
Initially ALICE Receptionist focused on small and medium sized businesses and single office installations. Starting in 2014, the Company introduced enterprise class features into the product and the target market shifted upstream to larger corporations and government agencies with multiple locations. These product enhancements generated interest from larger companies with greater sales potential.
4,316,000 commercial buildings (2012)1
1,006,700 receptionists (2012)2
1. U.S. Energy Information Administration2. U.S. Bureau of Labor Statistics
costing more than $26 billion annually.
the majority of these buildings are occupied by multiple tenants each with their own reception area.
9
CUSTOMER BASE
Virtual Communications Corporation (VCC) has 207 Corporate and Government customers of the ALICE Receptionist technology in locations around the globe
207 Corporate and Government Customers
10
NOTABLE CUSTOMERS
ENTERPRISEGOVERNMENT MEDICAL & BIO
11
COMPETITION
Other companies have entered the visitor management market over the last few years. Most of these have emulated components of the ALICE Receptionist technology and approach to visitor management,
but the Company believes that none are able to compete with ALICE across the board.
ALICE Receptionist
Phoenix Kiosk
Nexisant
Visitorlink
MyiAgents
Functionality Price Enterprise Ready Ease of Use User Acceptance Communication Security
10
9
8
7
6
5
4
3
2
1
0
12
FULL FEATURES LIST
FEATUREONLY Available on ALICE ALICE PHOENIX NEXISTANT VISITORLINK MYIAGENTS
INTEGRATIONS
SIP based VolP Phone Systems
• 3com
• Asterisk
• Avaya
• Cisco
• Microsoft Lync
• MyTel
• Shoretel
• Any SIP based VoIP PBX
Microsoft Active Directory(LDAP)
EVENTS LISTINGS
Outlooks Calender integration
Google calendar integration
Events listing
Events Details
Mapping
Event check-in
MULTILINGUAL
ALICE Video languages 9
• English-US(jackie)
• English-US(Hilary)
• English-Australian (Natalie)
• Chinese-Mandarin(Victoria)
• Dutch(Cathy)
• French(Shannon)
• German(Hannah)
• Japanese(Yukako)
• Portuguese(Carla)
• Spanish-Mexican(Veronica)
ADMINISTRATION
Cloud Administration Portal
Local Administration application
Active Directory Integration
Microsoft Lync Integration
Cloud content storage
Local content storage
FEATURES ALICE PHOENIX NEXISTANT VISITORLINK MY IAGENTSBUILDING DIRECTORYCompany ListingDepartment ListingEmployee PhotosAnimated GreetingActive Content – Web PagesActive Content - WidgetsActive Content - VideosActive Content - ImagesInterface - ConfigurableInterface - Corporate BrandingMotion Detection - Greet VisitorsMotion Detection - Call operator Maps (static) supportMap (interactive) supportCOMMUNICATIONS2 way video calls1 way video calls3rd party softphones supportPhones (Land & Mobile) callsUser presenceCloud Communications ServiceRing GroupsCall ForwardingPlace caller on holdConnect multiple DirectoriesSECURITYVisitor preview videoRemotely watch lobbyUsage detailsCall detailsCapture visitors imagesVISITOR MANAGEMENTPreschedule VisitorsVisitor Check-inVisitor badge printingVisitor check-outEmployee notification (SMS)Employee notification (email)Employee notification (avatar)Employee reply (SMS)
13
USE OF FUNDS
The Company will raise $5,000,000 and release the funds in
$1,000,000 tranches, with a focus on the following three areas:
Implementing sales & marketing campaigns specific to the target markets. These campaigns are
designed to be the most effective means for reaching key decision
makers.
Strengthening the development team will allow VCC to focus on
enhancing ease of product install, usability and maintainability to keep the ALICE Receptionist the market
leader in visitor management. Enhanced features are included in the extensive product roadmap.
VCC will invest in additional operations and support staff as
needed to manage the increased customer base that will result from
the execution of the sales and marketing plan.
1 2 3
14
TEAM VCC
Ron J. Robinson, Chairman of the Board
Ron Robinson is the Company’s Chairman of the Board. He has held this position since 2012 and is in charge of all policy and operations of the Company. From 1997 to the present, he was Managing Member of National Commercial Properties, LLC and concurrently Director of Oasis Residential REIT. From 2010 onwards, he was Managing Member of Wintech, LLC, which is now a subsidiary of the Company. Previously, Mr. Robinson served as President and CEO of CEC Industries, Inc. and President and CEO of Crowne Ventures, Inc. He holds a BA/LLB degree from LaSalle Extension University. Mr. Robinson is a veteran of the US Air Force.
Mike Yoder, Chief Technology Officer
Mike Yoder serves as the Company’s Executive Vice President and Chief Technology Officer. He is responsible for product vision and development, and the development of the Company’s global distribution channel partner program. He has held this position since 2010 Previously, Mr. Yoder served as Chief Operating Officer of Advanced Information Systems (AIS), from 2001 to 2011. In this position, he was responsible for the development of AIS products.
Simon Vernon Rodriguez, Chief Financial Officer
Vernon Rodriguez is the Company’s Chief Financial Officer. He has a background in sales, marketing and accounting strategies and systems for financial services firms. He has held this position since 2012 and is in charge of financial policy and financial records of the Company. Previously he was a commercial real estate agent at National Commercial Properties, Inc., and prior to that he was Vice President of Crowne Ventures, Inc., where he was National Sales and Marketing Director. He holds a degree in business and political science from the University of New Mexico.
John Illes, Managing DirectorMerit Harbor Group / OfferBoard
Securities1429 West Horizon Ridge Pkwy, #129
Henderson, NV 89012(702) 463-0332 O(702) 308-9917 C
Nate Nead, DirectorMerit Harbor Group / OfferBoard
Securities 2515 S. Hood St
Tacoma, WA 98402(425) 405-0744 O(206) 473-2060 C