TFS · Feasibility study for Titan Fire System S.L.

The number of fires per inhabitant has increased over a 250% in the world from 2008 to 2015. Only in 2015, the number of deaths almost reached the 45,000 people in over 3.5 million of fires attended. Infrastructures and vehicles fires account for over a 50% of the total. The economic cost of fire is also relevant. Only in the US, the total cost of fire in 2011 was estimated at $329 billion, or roughly 2.1 percent of U.S. GDP. This cost represents a 34% increase over 1980.Prevention measures for fires are based on devices like CO2 or temperature detectors, alarms and mechanical items likeextinguishers, firefighting fixtures or pumping groups. These mechanical components are subject to visual inspections from time to time which in the mid-term is a major danger. These old-fashioned procedures for inspection and maintenance may cause major damages in the case of the fire, and have a high-cost in terms of money but also lives. A simple malfunction of the mechanical items can quickly turn fatal.Titan Fire System (TFS) has created and patented a technology to better monitor, analyse and prevent fires is all sorts offacilities, with a special focus in critical infrastructure. This technology will disrupt the market of fire prevention systems as they are now conceived worldwide.TFS is comprised by a (1) Patented digital manometer or smart manometer; (2) Patented module to receive/transmit thesignals from/to the manometers to/from the alarm receiving system (3) Software including a desktop application and an app; (4) Titan cloud to analyse and alert about incidences.TFS will allow to improve safety against fires, to significantly reduce costs in a security installation and to modernise a very traditional sector.TFS has already signed their first agreement with a distributor in Spain to start their installation next year.Initial estimations of the company indicate they expect reaching over €17m sales with a net benefit of €5.5m in 2021.