Hello iJuze Investors and Followers:
We are so happy to see that some of you have decided to invest in Power Hero, and for quite a bit more than you had invested when we were iJuze. Thank you for your show of confidence. You're not alone in embracing the Power Hero business model as other investors have pushed our Power Hero crowdfunding campaign to 350% of our goal in about 3 weeks, and with that we’ve been able to accelerate some of our product development efforts.
New Product Announcement
We have now added an exciting new product to our development pipeline, the Power Hero Cameo for Level-2 EV charger equipment.
The Cameo is a connected piece of hardware that attaches to an existing Level-2 charger and connects it to our Power Hero Network. Any ‘dumb’ charger then can easily become a ‘smart’ charger that can be found, reserved, and brokered.
The patent for the Cameo was filed on February 19, 2018 and that makes it our 4th pending patent. After review with our development partners we felt it was time to announce it to our followers and investors.
To optimize early market penetration, our priorities will be the 110V Outlet Adapter (or ePort) followed by the Cameo. With these two devices, we can canvas our target markets much more quickly and integrate existing power sources into a robust network.
As you know the 110V ePorts are already prototyped and will allow any outdoor power outlet in a parking garage or outdoors near a parking spot to become a networked Level-1 charger. Specifically it allows landlords, garage owners, and homeowners to generate revenue from overnight charging with very little investment. For apartment building managers that means that they can get a return on converting existing 110V AC outlets into reservable paid outlets, thus opening up the apartment residential market for EV sales; that's some 30+ million households that were largely excluded from driving an EV before!
The Cameo will allow business owners, retailers, and homeowners to upgrade very basic Level 2 chargers into an automated public charging station. Our network will allow owners to dynamically price and control access – prioritizing employees, comping customers, and charging fees after hours. It will also allow us to create a robust automated network using the 500,000 private level 2 chargers in existence or being installed, while our competitors sluggishly install infrastructure.
Our smart hardware is designed to automate the supply-side of our business for reservations and brokering power. Hardware deployment is estimated for Fall 2018 as more investments come in.
Thank you for your continued support and may we suggest that you follow us on the Power Hero campaign page so that you are registered for more updates! Better yet, why not consider as others have to re-invest in Power Hero and tell your friends and family too of the new Power Hero!