AirTight Secure Email for Professionals - PATENT PENDING TECHNOLOGY

Raising $1-2 million to build an end-to-end secure digital communication software suite of products for professsionals.

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Introduction


Hello,

My name is Patrick Duemling.  I am U.S. Navy veteran and a Senior Software Engineer with over 20 years of experience in software development projects across a range of industries, married 29 years to my beautiful wife Ann-Marie and we have raised seven wonderful children.

Three years ago, I encountered a private healthcare service practitioner who has trouble managing secure communication among her clients.  Current solutions do not work for her, a seasoned self-employed registered nurse and treatment facility director.  Some attorneys have told me current solutions are a liability.  If they see links in emails to go login to another system just to access secure email, they just ignore it.

Their problems were the very catalyst for architecting this business solution you are about to review.

Elevator Pitch


Problem Being Solved
There is an opportunity to fill a large market gap in end-to-end digital communication security…
 
Mainstream service providers such as Gmail, Outlook, MS Exchange, Yahoo, and Apple do not enforce true end-to-end security. Once email leaves their mail servers, it is unprotected.
 
Emails sent with third-party provider’s encryption schemes only work in their systems. Recipients receive emails with hyperlinks or passwords/passphrases and have to log into their systems.  This is not only insecure and inconvenient it is also a liability (ask any attorney). No secure way to send out passwords. No one wants to use passwords to unlock email messages. No one should have to create an email account with a secure email service provider to access secure messages.
 

Target Market
Professionals need an easy way to send secure digital communication transparently, seamlessly integrated into their existing service providers, where technical complexities are concealed and inconveniences are eliminated.


Core Business
Our software product is designed to defeat vulnerabilities in communication transportation and storage. It safeguards digital content, ensures user privacy, eliminates inconveniences, and provides secure end-to-end data protection. We have also eliminated traditional key-exchange and public/private server storage strategies
 

Developed Software Product
·         We have created an easy way to send digital communication with privacy, security, and transparency while seamlessly integrating into existing service providers.  We maintain the user’s privacy by encrypting metadata, message content, file attachments, and inline media.
 
·         Our native Windows email client prototype transparently encrypts on the device before transport and transparently decrypts messages and attachments upon arrival at the device.  We have proven this works successfully on the top four web-based email service providers – Gmail, Outlook, Yahoo, and Apple.
 
·         We have concealed technical complexities to preserve a modern, familiar user interface without minimizing or diluting security, without jeopardizing encryption strength, and without hampering the integrity of the digital content. 
 
·         We have eliminated inconveniences usually found in our competitor’s products including embedded hyperlinks and passwords.  NO links. NO passwords. NO credentials.


Core Markets (healthcare, legal, financial sectors)
 
   665,500 counselors
    552,000 mental health professionals
 1,338,678 attorneys
   263,800 paralegals
1,300,000 accountants
3,800,000 nurses
1,100,000 doctors
   300,000 loan officers
   311,000 financial advisors
     33,000 journalists
 _________________________
Approximately 10 million professionals alone who need our solution.

 Small business owners (web-based business email users)
Gmail for Business                  2.4 million sites                        34% market share
 Microsoft Exchange             2.1 million sites                        30% market share
 GoDaddy Email                       1.2 million sites                        17% market share
 ________________________________________________________________________________
                                                            5.7 million sites                        81% market share
 

Revenue Potential
Using SaaS business model, costing $6/month/user, recurring annual gross revenue would be:

·         Global email account market – 2.2B users $160B.
·         Gmail email market only – 1B users $72B.
·         Total addressable market – 250 million users (US) $18B.
·         Total targeted market – 15.7 million professionals (US) $1.13B.
·         Goal is to gain 40% targeted market share, ~6 million users (US) – $400-500 million in 5-7 years.


Executive Summary


Business Overview
 
We are a cybersecurity software company providing secure digital communication solutions implemented over existing service providers - transparently and seamlessly - using a patent-pending, fail-safe, dynamically-generated, serverless encryption key management system, standard protocols and modern cryptographic algorithms.  Our business operates on integrity without compromise focused on building absolute trust with our customers by delivering superior software security solutions.
 
Our software prototype has been developed over the past year, estimated to be 90% complete for its initial production release.  Remaining development work includes a system configuration screen, user profile screen, service provider connections, mechanism for importing contacts, organizing storage directories, search feature, contact support/user experience feedback feature, and final pre-production unit testing.  Additional development work potentially includes SMS security verification, image steganography, reminders, scheduling, digital rights management, voice print/identification, face print/identification, and templates.
 
Our software product is designed to defeat vulnerabilities in communication transportation and storage, safeguard digital content, ensure user privacy, eliminate inconveniences, and provide independently secure end-to-end data protection.  This is accomplished by using an AES-256 bit encryption algorithm combined with additional algorithms to achieve rock-solid durability.  The cryptography is independently and professionally audited to verify our data protection blueprint is cryptographically-sound and resilient against any intrusion to ensure zero security vulnerabilities and zero data compromise.


Planned Development Phases
 
Phase 1: Finish native Windows prototype, Microsoft Outlook plug-in, migrate code base to Mac OS X
Phase 2: Enterprise native cross-platform version for Windows, Mac, Linux, iOS, and Android
Phase 3: REST API for organizations to implement SecureComm encryption
Phase 4: Open API Integrations (Slack, Monday and many other vendors have open API collaboration but no security assurance)
Phase 5: Business Expansion into secondary products, e.g. business partnership with Rackspace to resell email, cloud services, and similar offerings.
 

 
Products / Services Offered
 
Core Products
●  AirTight Skylight - Native Windows email client (prototype)
●  AirTight Forecast -  Microsoft Outlook plug-in
●  AirTight Orchard - Mac OS X email client
●  AirTight SafeHaven - Cross-platform email client for iOS, Android, Desktop
●  AirTight Guardian - Web API for integrations

Extensive Products
●  AirTight Harmony - Open API collaboration platform integrations
●  AirTight Socialite - Multi-social network message client
 

AirTight product line delivers communication privacy and security while eliminating inconvenience and risks of using third-party service providers without exposing technical complexities to users.
 
The software application is designed to defeat known vulnerabilities in communication transportation and storage, safeguarding digital content, ensuring user privacy, eliminating commonly experienced inconveniences, and providing true end-to-end data exchange protection.  This is accomplished by using AES-256 bit encryption algorithm and other algorithms combined in an independently and professionally audited blueprint validated for its cryptographically-secure data protection.
 
The software prototype has been developed over the past year, estimated to be 90% complete for its initial production release.  Remaining development work includes a system configuration screen, user profile screen, service provider connections, mechanism for importing contacts, organizing storage directories, search feature, contact support/user experience feedback feature, and final pre-production unit testing.
 

Success Factors
 
SecureComm Lab, LLC is uniquely qualified to succeed due to the following reasons:
 
·         Products and/or Services: Our Products and/or Services are superior to our competitors because: unlike our competitors who can only guarantee secure end-to-end digital communication security within their own proprietary ecosystems of software, servers, and cryptographic keys, our product encrypts data at the device level before transmission to a service provider and the message is encrypted until received by the intended recipient and decrypted by the destination service provider - regardless of which service providers are being used to transmit and receive the digital communication.
 
·         Operational Systems: We have developed systems that enable us to provide high quality products/services at a lower cost. These systems include: a native software application designed to connect to any email service provider and the service architecture to support secure, fast, and inexpensive cryptographic key management.
 
·         Intellectual Property (IP): We have Intellectual Property that gives us an advantage over our competitors. Our IP includes: a fail-safe key exchange management system designed to have fail-over protection at critical inbound and outbound data execution steps in the transmission of digital communication.
 
·         Successes achieved to date: We have already accomplished the following which positions us for future success: a provisional patent on our intellectual property to secure our methodology for data transmission and exchange of cryptographic keys. Provisional patent filed at USPTO offices on May 21st, 2020 by The Rapacke Law Group, P.A., 1840 N. Pine Island Road, Plantation, Florida 33322.


7 year Pro Forma Financials
Year    Customers   Flat-fee   SaaS*    Flat Revenue       SaaS Revenue
1              50,000              60             6           $   3,000,000       $   3,600,000 
2           100,000              60             6           $   6,000,000        $   7,200,000 
3          250,000               60             6        $  15,000,000        $  18,000,000 
4          500,000               60             6        $  30,000,000        $  36,000,000 
5      1,000,000              60              6        $  60,000,000        $  72,000,000 
6      2,000,000              60              6       $ 120,000,000      $ 144,000,000 
7      5,000,000              60              6       $ 300,000,000      $ 360,000,000 
* per month/per user


Funding Requirements & Exit
Seeking $2 million for 40% equity with acquisition or IPO in 5-7 years.
 
●  (6) senior software engineers working on native Windows, Mac OS X, cross-platform MS Outlook plug-in, APIs, and custom integrations to go-to-market with a complete suite of mobile/tablet/desktop solutions.
 
●  Computer equipment, software licenses, professional liability insurance, legal fees for privacy policy, terms of service, end-user license agreements (per-product).
 
●  Outsourcing advertising, marketing, social media marketing to create targeted campaigns and using expert consultation for SaaS marketing strategizing.
 
●  Outsourcing HR/employee benefits/payroll/regulatory compliance to a PEO.
 
●  Filing the non-provisional patent on this innovation. This MUST be filed no later than April 2021 to ensure our intellectual property is fully protected.
 

Patrick Duemling
Founder + CEO
SecureComm Lab, LLC
[email protected]
https://www.securecommlab.com

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AirTight Secure Email for Professionals - PATENT PENDING TECHNOLOGY is no longer seeking funding.