Tisteron Ltd)

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New Body Waste Management Device

A Business Opportunity

Tisteron Ltd, Israel

Company established to develop, patent & license the Body Waste Management Device idea

Ron Chen, Founder & Inventor - Israel

Moshe Goldwasser, Inventor/Consultant – Retired CEO of Avgol Inc.

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YNC – Yoav Nir Consulting Independent consultant specialist for the Nonwoven and

disposable absorbent industry.                                  Registered mentor with the Israeli Ministry of Industry &

Trade Certified business master coach (MCI & EMCI) Former COO and then for 15 years CEO of a privately held

company that produces and markets disposable absorbent products.

Prominent Achievements Competing successfully against multinational consumer product

giants Successfully running the company during times of war Bringing the company from a state of bankruptcy to success Leading major business strategy changes

Tisteron Ltd (CONFIDENTIAL)

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Shlomo Eylath is a consultant with Tisteron regarding strategic business decisions and business development.

Founder of Shlomo Eylath Holdings Ltd., a private company which focuses on management & consulting services including M&A, turnaround and recovery plans. Also serves on boards of numerous companies

Co-founder of ColBar Life Science [160M$ exit to J&J] Former CEO Koor Food and Consumer Goods Ltd. (The

largest food conglomerate in Israel) Former CEO Koor-Trade UK Ltd.

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A DISPOSABLE WASTE CONTAINMENT ARTICLE AND A COMBINATION OF TWO ARTICLES WORN SIMULTANEOUSLY CIP of Provisional Application Filed: 20.09.2006 Full patent filed: 17.09.2007

Granted April 19, 2011, Patent No US7927320 B2.pdf Individual use of articles; Liquid-impermeable outer layers, perimeter seal inward from outer

perimeter; Pulp-less absorbent layer; Aperture for body waste intake; Adhesive for securing to body; Examiner recommended that a two-piece system be

separated from patent and become a separate application. Tisteron submitted a separate application, which is expected to be granted.

Tisteron has also applied for PCT and approval is still pending.

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CANADA,  MEXICO,  BRAZIL,  JAPAN,  AUSTRALIA, ISRAEL

  

E.P.O. -U.K,  GERMANY,  ITALY,  TURKEY,  FRANCE,  SPAIN, THE NETHERLANDS,  BELGIUM,  SWEDEN,  DENMARK,  POLAND

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Separate body waste collection

Articles worn singly or in tandem – Separate patent pending

Feces (bacteria) separated from urine Only soiled device has to be changed Support undergarment envisioned

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Attaches w/gentle adhesive surrounding orifice, sealing article(s) to body Less skin area to cleanse Odors and fecal matter captured in

“sealed” containers Very thin and expands as fills Very soft & compliant to shape of body Simple manufacturing envisioned

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Carried out in geriatric ward of a leading nursing home in Israel, overseen by Mr. Goldwasser & Dr. Korshun

The conclusion of trials in the nursing home was that the product is most effective for independent users suffering from incontinence

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Suitable for collection of body waste by independent patients

Users can replace devices themselves independently more easily than a diaper when needed

More comfortable than diaper & releases less odors

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Better protection against leakage (seepage) when attached properly

Less skin irritation, even with sensitive skin

Hydro gel adhesive functions even in the presence of contaminants

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Dignity Less leakage Less odor (waste totally contained) Less exposure of private parts (genitalia)

Comfort Easily applied and removed (Hydro gel adhesive) Low bulk Enhanced mobility Almost unnoticeable under clothing

Healthier, less damage to skin (Hydro gel adhesive/less skin exposed to waste)

Easily applied and removed Less exposure to body waste Less patient care cost, due to:

Longer wear time Less space required for storage & disposal Less skin health care expenses

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Reduced Cost Fewer devices used per day by patient Less space required for new product

warehousing Less labor required for:

Changes Clean-up Laundry

Fewer dermatological problems Less waste for disposal

Patients & caregivers are more content Less foul atmospheric aromas in wards Improved market competitiveness (more

advantageous for patient/family)

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Easily applied and removed Less bulky Less patient maneuvering required

Less clean-up Skin Garments Bedding

Less leakage and odors after use Used device totally enclosed in sealed bag

Less dermatological issues Lower costs

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User’s dignity Preserved “Green” product

Less raw material consumed Less waste for disposal Use of “Green” materials in specifications &

claims Low volume, hence less transportation/unit,

etc. Fewer trucks Less fuel Less storage space

In summary – less costs with regard to: Overall patient care Materials, waste, transportation, storage,

health, labor, etc.

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Example of use during carotid artery operation – replacing catheter

Redesign apertures’ size and location

Redesign adhesive aperture measurements

Design devices with various containment volume capacity

Redesign device shape for better fit & convenience

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1. Absorbent layer carrier/over wrap feeding2. Glue application3. SAP application4. Over wrap folding5. Absorbent layer sealing & cutting6. Top sheet feed7. Hydro gel sticker cutting & application8. Cutting out aperture9. Backsheet feed10. Front & Backsheet merge 11. Glue, seal & cut12. Product group completed & stacked (folded or

unfolded)13. Packaging

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Tisteron Ltd

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2 Lines

Lines 1 2 3 4Investment $1,500,000 $3,000,000 $4,500,000 $6,000,000

Shifts

Daily Capacity (85% efficiency)1 183,600 367,200 550800 734,4002 367,200 734,400 1101600 1,468,8003 550,800 1,101,600 1652400 2,203,200

Area required (Sqm) 1200 2000 3000 4000Rent (Inc. Municipals) $/Sqm $7.00 $7.00 $7.00 $7.00 $7.00

Working days per month 25 25 25 25 25Interest rate 5% 5% 5% 5%

Years 5 5 5 5Working Capital Financing period Months 3 3 3 3

Direct labor As calculatedManufacturing cost On sales 3.5% 3.5% 3.5% 3.5%

Distribution, Sales On sales 12.0% 12.0% 12.0% 12.0%G&A On sales 1.50% 1.50% 1.50% 1.50%

Hourly Machine Capacity 183,600 Speed (units/minute) 450

Hours/shift 8Efficiency 85%

New business opportunity

Novel solution to real need

Patents granted & pending

Products assembled from readily available resources/technology

Optimization & commercialization open for discussion

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Thank You

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