This product looks very interesting and may have some real potential.

Bob, K8LR, [log in to unmask]

Israeli Startup's Seeing Aid for the Blind Sees Big Demand
By Gwen Ackerman - July 2, 2013

Amnon Shashua had a vision of using technology to help the visually 
impaired.
His startup OrCam is quickly making a global impact.
OrCam makes a small gizmo that hooks onto a pair of glasses and tells the
wearer what's in front of him. It can read the text of a book aloud, or 
announce the names of friends and family in a room.
The Israeli company began taking orders for the $2,500 seeing-aid device on 
June 4, and within a few weeks, the first run of 600 units were sold out,
Shashua, the co-founder and chief executive officer, said in an interview.
Since then, the company's backlog of orders has ballooned to more than 
1,000.

OrCam has been manufacturing the product in Israel. To keep up with
demand, Shashua said the startup plans to relocate production to China.
He has experience there. His other company, Mobileye, uses Chinese 
manufacturing for its
products designed to help prevent auto collisions.

Liat Negrin, 37, has been testing early prototypes at OrCam. She was born
visually impaired, and said the device can help her and others accomplish
everyday tasks like going shopping without fear of getting lost or buying 
the wrong items.
"It helps you be independent and helps overcome fears," Negrin said in an
interview. "It helps you keep your orientation, and you always know where 
you are."

The OrCam consists of a camera and earpiece that attaches to eyeglasses.
Live video from the camera feeds into a smartphone-size device in the
user's pocket, which processes the data and sends an audio snippet saying 
what it sees to
the bone-conduction speaker in the user's ear. Because the video feed is 
processed in the pocket instead of in the cloud like many mobile apps do, 
response
times are quicker, Shashua said. Also, users won't be left stranded when in
areas that have poor mobile-data service.

"Imagine there is a helper standing next to you, seeing what you are
supposed to see, figuring out what visual information you want and
whispering into your ear what you are about to see," he said.
Shashua, who is also a professor of computer science at the Hebrew
University of Jerusalem, spent about three years developing OrCam's 
technology. The
current version of the tool only supports English, but the 20-person team
 is working on incorporating other European languages. OrCam can recognize a
wide array of objects including street signs, newspaper articles, money and
products on supermarket shelves. The device can also be trained to
identify faces.

It costs about the same as a mid-range hearing aid, and has the potential
to be just as essential to people who need it.
"As the world population ages, we will see an increase in the visually
impaired," said Cheri Wiggs, a director at the U.S. National Institutes of
Health.
"At this point, we aren't preventing or curing blindness so any new
development in assistive devices for visually impaired is very important."
Wiggs estimated that about 300 million people suffer from visual
impairment worldwide, with India having the largest percentage. Shashua 
estimates 50
million of the visually impaired may be able to afford the OrCam device.
The factories in China better get moving.


Source URL:
http://www.bloomberg.com/news/2013-07-02/israeli-startup-s-seeing-aid-for-the-blind-sees-big-demand.html