Drivers throughout the US are incurring speeding tickets at the rate of 116,000 per day with an average speeding ticket cost of $175. Urban speeding tickets accounted for 67% of all tickets and the average speed above the speed limit was 12 mph. Having this product in the car and displayed prominently will change driving habits and eliminate speeding tickets. This unit is not a GPS direction device. Its purpose is to monitor the drivers speed and display the cars speed beside the local speed limit displayed on the device.

Product
The device that we are developing is a unit that will display the local speed limit and the speed of the car and sit on the dashboard of an auto or truck. Sales will be through the internet, retail and direct marketing.

A substantial market opportunity will be major auto manufacturers. We will take the technology that is developed and present it to major auto manufacturers. We would propose that they integrate the technology into the dashboard of all cars manufactured. This would be a major licensing or sales opportunity and valued in the millions. (not included in the 3 year forecast)

Software
Open Street Map (OSM)

Components -
Small board computer (SBC) running Linux
GPS chip – retrieve speed limit data and car speed
Display (3 watt)
Micro SD card 4g to store database table
Speed limit database
Enclosure

Software Development
Developing the software will take 6-8 weeks of programming and testing.