SOURCE: InterCore Energy, Inc.

InterCore's Alertness Detection Software Could Avert Future Disasters Like the MTA Derailment

ADS™ System Technology Continues to Advance

MAHWAH, NJ - December 17, 2013 - InterCore Energy, Inc. (OTC Pink: ICOR) believes that the alertness detection technology it is commercializing will likely prevent future disasters like the recent derailment of the Metro-North commuter train.

 

InterCore's ADS™ System detects and signals an operator's impending loss of alertness sufficiently in advance -- generally 45 minutes to two hours before the onset of sleep -- so that appropriate action can be taken well in advance of the operator becoming a hazard to himself and others. The ADS™ System utilizes biometric monitoring of multiple points on an operator's head -- eyes, nose, chin, and other features -- to evaluate when his level of alertness is diminishing or has become impaired, long before he feels such a loss of alertness. In applications such as truck or train operations, the ADS™ System would provide visual and audible alerts of the operator's impending loss of alertness to both the operator and the dispatch control center.

 

"The recent Metro-North commuter train accident brings into sharp focus the need for technologies that can detect deteriorating alertness, and ideally doing so without a significant impact on costs and productivity. Many of the approaches that are now becoming popular in motor vehicles monitor abnormal conditions such as lane departures, steering wheel movements, eye closures, and other parameters. However, the result is that they tell the operator of a vehicle or equipment something he probably already knows -- he's falling asleep," said James F. Groelinger, a director of InterCore. He continued: "In contrast, the ADS™ System provides alerts long before the operator realizes he is becoming drowsy, and well before his level of alertness becomes impaired. Our system, which was developed in conjunction with electroencephalograms of drivers in real and simulated driving conditions, provides alerts 45 to 120 minutes prior to the onset of actual sleep."

 

In this way, the ADS™ System enables preventive steps to be taken long before an operator represents a risk to himself or others. In a situation like the recent MTA tragedy, the ADS™ System would likely issue warnings to the engineer and to the train control center one or more station stops before a dangerous curve or other hazardous situation is encountered. Such a warning would enable preventive measures to be taken, possibly including the dispatch of a relief operator to take over the controls, thus averting the disaster.

 

The ADS™ System, deployed as a smartphone app by InterCore's wholly-owned Canadian subsidiary, SRG Inc., has been in development for more than a decade. Currently it is in a commercial demonstration program in more than 1,500 trucks in Canada. A smartphone and camera are mounted on the dashboard of over-the-road trucks and the ADS™ System provides drivers and dispatchers with predictive alerts of the driver's impending loss of alertness up to 2 hours before the potential onset of sleep. For fleet operators, this provides sufficient time for the dispatch center to direct the driver to a safe location to pull off the road and take a rest. This is in contrast to the performance of virtually all other available alertness detection systems, which are merely reactive -- telling a driver that he/she has fallen asleep, offering little or no opportunity for timely preventive actions to be taken.

 

Mr. Claude Brun, InterCore's CEO, said: "We have completed the migration from the original platform of stand-alone ADS™ System units to the exciting smartphone app. The current demonstration program is the first part of our previously-announced arrangement with a major insurance company to implement a program that could involve up to 80,000 vehicles or more starting in the first quarter of 2014. Over the longer term, we see exciting opportunities in a wide variety of other applications, such as power and chemical plants, air traffic control, shipping, personal automobiles, and more."

 

In July 2013, SRG had announced that a commercial insurance brokerage company in Canada had commenced a 100-vehicle test of the ADS™ System that was quickly expanded to 150 vehicles. Subsequently, the brokerage company asked to further expand the demonstration to 600 vehicles. However, since the ADS™ System was no longer being produced as a standalone device, this request was deferred in favor of continuing to develop the smartphone app. Since September, 1,500 BlackBerry apps have been activated, and the release of an app compatible with Apple's iOS7 iPhone operating system is imminent.

 

About InterCore Energy, Inc.

InterCore Energy, Inc. (OTC Pink: ICOR) is a public company focused on the commercialization and deployment of the ADS™ System and related products through its subsidiary, SRG, Inc. Designed around proprietary alertness detection technologies, the ADS™ System helps alert operators to their work activity capability based on real-time monitoring of their state of alertness. See www.intercoreenergy.com and srgint.com.

 

Forward Looking Statements

This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the U.S. Securities and Exchange Commission via the Edgar system. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.

 

Contact:
James F. Groelinger
jgroelinger@icorinc.com

InterCore Energy, Inc.
201-512-8732

www.intercoreenergy.com
www.srgint.com

 

 

SOURCE: InterCore Energy, Inc.