Owned by Waxman Industries, Inc.

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Presentation transcript:

Owned by Waxman Industries, Inc. Plumbing vertical, 85+years in the business Manufactures OEM products Partnered with Google and Nest to tailor home leak detection for end-consumer LS is a Google based technology and manufactured by Waxman

Water is everywhere: throughout our homes, in our bodies Water is everywhere: throughout our homes, in our bodies. Water is an integral part to our survival.

#1 insurance claim: smoke and fire damage Detection devices for these are mandated by law #2 insurance claim: water damage Waxman is creating a new category vertical in home water detection and protection. The category is underserved and it needs to be important. #3 insurance claim: theft 67% of homes in the US have anti-theft systems Some insurance companies are beginning to mandate that this technology be installed in luxury homes

Can bring in Multi-family idea here, as well.

98% of all water leaks come from one of the devices listed above

There are 3 elements to water damage: Physical: damage and repairs to the home, possibly having to relocate during restoration, involving your insurance company and having to pay your deductible Emotional: things that have been damaged that cannot be replaced: family heirlooms, important photos Heath concerns: the hidden dangers that come from water damage

Mold and mildew resulting from water damage are often hidden dangers Mold and mildew resulting from water damage are often hidden dangers. Protecting your loved ones from these harmful conditions are important to you, and important to us. A drip never dries – it spreads and turns to mold.

Introduce the LeakSmart product family: Valve, Hub, Sensor and smart phone app. Detects water Monitors water temperature Shuts off main water to supply in a home should a leak be detected

Valve: installed inside or outside the house depending on where your main water line runs If installed outside, the enclosure box that is available is UL rated Then place sensors throughout home where leaks may occur Hub: brain of the system that connects everything… operates on the Zigbee frequency App: connects to any smart device whether Apple or Android

Zigbee is a technology radiowave Works 24/7 – you don’t need cellular service to operate

• Meets all NA codes, strict code of CA Prop. 65 Green light: water flowing Red light: valve is closed and water will not flow Valve can be installed by threading, pexing or sharkbite Available in ¾”, 1”, 1 ¼”, 1 ½” and 2” sizes *1 ½” and 2” will be available 4/2018 •

If the valve is installed outside, you need the cover. It’s UL rated, vented for extreme heat and cold and has an AC adapter

• Two modes for the sensor: protect and detect Battery back-ups in the sensor last 18-24 months before they need to be replaced. End user receives a notification on their smart device when the battery life is at 10%, 5% and 3%. When the 3% level is reached, in addition to a smart device alert, the sensor will beep and flash blue. •

Encourage end-user to check with their insurance company to see if they will offer a discount for installing this system

Example of certificate to provide to insurance company

The Silver Stevie Award won by LeakSmart in 2016 at the Consumer Electronics Show is something we are quite proud of. Named for Steve Jobs, this award was presented to us for being a leading innovator in a consumer electronic device.

For future reference