Fuel Cap Reinvented Fueloyal Presents Smart Fuelcap That Prevents Fuel Theft in Transportation Industry.

Executive Summary The biggest expense in every trucking company is fuel (35%). Every minute $150.000 of fuel is being stolen by company drivers. Class A Trucks in the Europe, US and Canada, on average leave the company for up to 50 days. Drivers paying fuel with company credit cards and spend over 15.000$ during that period. Owners and management currently have no control over this process, and cannot determine if all the fuel really entered the fuel tank and after that did it really stayed there. The owners we talked estimated potential abuse even at 15-20% of the total amount spent. Fueloyal product called iCAP1000 is smart fuelcap that measures, stores and transmits the amount of fuel poured and sends a report to the company's headquarters, and in addition due to anti siphoning system will prevent fuel taken out. Management of the company will be sure that all the money was really used for their company. Fueloyal is entirely stand alone device and doesn't require any tank modifications or connection to the truck

Problem The biggest expense in every trucking company is fuel (35%). Every minute $150.000 of fuel is being stolen by company drivers. Class A Trucks in the US and Canada, on average leave the company for up to 50 days. Drivers paying fuel with company credit cards and spend over $ 15.000 during that period. Owners and management currently have no control over this process, and cannot determine if all the fuel really entered the fuel tank and after that did it really stayed there. The owners we talked estimated potential abuse even at 15-20% of the total amount spent. Annually total damage is estimated at $84 billion.

Fueloyal Solution Fueloyal product called iCAP1000 is smart fuelcap that records the amount of fuel added to the tank and prevents siphoning of the fuel from a fuel tank. All the information collected from the sensors are stored in the memory and is sending to the server on the cloud. The owner of the tracking company is receiving the information as a report or on demand via the web application. Once installed instead of existing on a fuel tank of a truck it will measure the amount of added fuel to make sure purchased fuel really entered fuel tank and once it enters in due to double layer of anti-siphoning protection it will make sure nobody can take it out. In case somebody tries to remove it without authorization it will alarm the company HQ.

Fueloyal iCap 1000 Smartest Fuel Cap Ever One design fits all trucks All in One Integrated Software and Hardware Unauthorized Removal Alarm Sensor Completely Stand Alone Device No Connection to the Vehicle power or Vehicle Computer System No Installation Costs – Do it yourself in 30 seconds Battery operated – 2 Years lifetime 99% Measurement precision Operating temperature -40C/-40F to 85C/122F Encrypted Communication Protocol Protects Company Data True Virtual Computing Environment - Cloud Based Technology

How it Works Simply Install iCap 1000 Instead of existing Fuel Cap Secured Lock will prevent unauthorized removal and sensor will alarm if that occurs iCap 1000 will measure the amount of fuel added in order to make sure that the fuel paid really entered the fuel tank iCap 1000 will prevent paid fuel going out due to anti siphoning protection With built in 3G modem it will send real time data informing you about amount of added fuel Powered by built in battery doesn’t require any connection to the vehicle

Competitor Analysis Even though we have a lot of competition in the area none of them approach the solution like we did. All of the competitors are requiring expensive installation, fuel tank modifications or connection to the truck cabin or can bus in order to have power or for communication. That’s what makes them vulnerable and easy to disable and bypass. On the other hand that is what makes us strong. Our device needs just 30 seconds DIY installation process and powered by battery it is completely standalone device. It doesn’t require any fuel tank modification or connection to the truck. Just put it instead of the existing, secure it with lock and start saving. Fueloyal is entirely stand alone device and doesn’t require any tank modifications or connection to the truck via power or trough OBD port.

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