RAF Technology, Inc VarTech 2014

1. RAF Technology, IncVarTech 2014 George Harbachuk, VP, Marketing September 2014 RAF Proprietary and Confidential

2. RAF Technology is the Leader in Advanced Image Recognition and Data Extraction Solutions • RAF provides data capture and authentication solutions that enable enterprises to identify items without a barcode or RFID tag. • HQ: Redmond, WA • Offices in Washington DC, Philadelphia, and Bogotá (Colombia) • Private company founded in 1989 • Our products are deployed worldwide and address both fixed and mobile applications • Clients Worldwide

3. Technology: Not Just OCR – Customer Solutions • Complementary technologies: a quarter century of development • Character recognition technologies • Image related technologies • Region of interest • Image cleanup • Glare removal • Line removal • Orientation • Item Fingerprinting* • Data validation technologies • Xtl database* • Verification Engine* • Adaptive Intelligence* • * Denotes patented technology • Segmentation • Context validation • Machine Print • Handwriting • Special symbols • Word recognition • Directories* • Fuzzy Matching and aliasing

4. Expanding the Market for Handheld Devices Argosy Mobile • Expands market for new devices • Enhances value of existing devices Selected Applications • Parcel & Mail shipping labels • Bill of lading/forms • License Plates • Checks • Shipping Containers • Security Seals • Manufacturing Parts • Digital Authentication • VIN’s • Passports/ID’s

5. Opportunity for OCR Enabled Solutions • Solution Opportunity: >$7 B • Worldwide estimate • Software ~ 16% • Mobile ~ 3.8 million units • Stations ~ 700k units Security, Law Enforcement: $719 M (10% Penetration) Field Workers: $848 M (18% Penetration) Receiving Desks: $345 M (2.5% Penetration) Intermodal $1.0 B Security: License Plates, ID’s Retail/Automation Desks: $2.2 B Field Service: Check deposit Couriers: $2.9 B Trucking/Logistics: Container & BOL Parcel, Post, Courier: Address Recognition

6. What the Market is looking for? • Ease of Use • Bar-code like OCR capability • Fundamental integration • Coordinate development efforts • Optimize hardware for ease of use and OCR performance • Integrate imager/camera with RAF SDK • Optimize image capture for readability and ease of use • Specialized tool kit – OCR available for all applications • Integrators • End Users • Customer Opportunities • Joint approach with integrators • Target strategic end-user accounts

7. Security Guards • Over 1.5 million private security guards • Initial market: Latin America • Manually catalogues and inspects vehicles at commercial and residential parking facilities SecureTrac24 Benefits • Automates manual data entry and paper system • Logs guard activity • Eliminates paper filing requirements • Simplifies record search capabilities • Enhances record collection capabilities (images) • Embedded LPR ensures accurate data is captured • Provides an automated Valet service (new)

8. Challenges Valet Benefits • Valet parking ticket may be stolen leading to car theft • Cars may be damaged while in the custody of valet • Pick up queue times are difficult to manage • Initial market: US, Europe, and Latin America • Revenue Control which allows you can track all vehicles coming in and out of your lot • Damage Claims can be quickly resolved since detailed inspections occur when you receive the car • Employee Performance can now be tracked so you know how many customers they are really serving • Email/Text Message Request are conveniently provided to your Guests for drop off and pick up • Assign Parking Spaces can now be managed because detailed reports can be generated in real-time • Know who owns the vehicle because all guests must have their drivers licensed scanning in and out • Create loyalty programs that improve customer retention because you can now track their patronage

9. Containers • Everyday 6 million containers are currently shipping around the world on vessels, trucks, and trains • Damaged cargo results in an estimated $1 Billion (USD) annually in losses either from insurance carriers or the companies responsible for moving goods within the supply chain • Initial market: US, Europe, and Latin America • Damage inspections and chain of custody tracking is a huge challenge ContainerTRAC360 Benefits • ContainerTRAC360 is a very low cost alternative to fixed camera systems • Mobile OCR applications are ideally suited for small to medium intermodal terminal operators which will improve asset visibility and tracking • Mobile OCR provides scalable gate control to eliminate backups during peak traffic periods • Provides immediate damage notification to minimize false claims during Gate Out inspections • Provides high resolution images of each containers condition along with location/coordinate telemetry • Provides complete visibility during chain of custody tracking at points where fixed camera systems are impractical

10. Targeted Freight Segments

11. Parcels • In the US alone approximately 20.5 million parcels are delivered daily • Same day delivery, dynamic routing, track & trace challenge most couriers and businesses today • Initial market: US, Europe, and Latin America • Universities and entities with multiple buildings such as government, military bases, hospitals and other medium to large companies Argosy Mobile Benefits • Reads address labels for both machine print and handwriting • Provides data validation and correction for domestic and international parcels • Manages difficult problems such as name alias, and room location • Enables automated track & trace. • Easily handle exceptions like damage return to sender and undeliverable as addressed

12. Call To Action Thank You! For more information please visit our website WWW.RAF.com