May 21, 2013 11:19 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Leap Motion

Company Overview

Leap Motion develops motion-control hardware and software. Leap Motion was formerly known as OcuSpec Inc. and changed its name in May 2012. Leap Motion was founded in 2010 and is based in San Francisco, California.

333 Bryant Street

Suite LL 150

San Francisco, CA 94107

United States

Founded in 2010

Phone:

954-234-6321

www.leapmotion.com

Key Executives for Leap Motion

Founder and Chief Executive Officer
President and Chief Operating Officer
Age: 43
Senior Vice President of Business Development and General Counsel
Age: 45
Vice President of Product Marketing
Compensation as of Fiscal Year 2012.

Leap Motion Key Developments

Leap Motion Sees Launch Delayed Until July

Leap Motion announced that it will delay initial shipments of its 3D motion controller from May until July 22, 2013. As a result, Leap will conduct a beta test starting in June with the 12,000 developers who already have the device, as well as a small group of non-developers. They will gain access to the feature complete product including OS interaction. The company introduced the 3-by-1-inch controller in May 2012, and it quickly garnered interest from more than 60,000 global developers. It includes a 150-degree field of view and the ability to track individual hands and all 10 fingers at up to 290 frames per second. Customers credit cards won't be charged until the device ships.

Leap Motion to Bring 3-D Motion Control to HP Customers Through Strategic Collaboration

Leap Motion announced a collaboration with HP to bring 3-D motion control to unique HP devices. The relationship will start with the Leap Motion Controller bundled with select HP products and evolve to unique HP devices embedded with Leap Motion's technology. Leap Motion's incredible speed and precision, combined with its affordability, have helped drive its momentum and leadership in the industry. Leap Motion-enabled HP devices will come pre-loaded with Airspace(TM), Leap Motion's application store. Inside Airspace, users will discover a wide range of software across gaming, music, education, art, productivity and more.

Leap Motion Controller Set to Ship May 13 for Global Pre-Orders

Leap Motion announced the Leap Motion(TM) Controller will begin shipping to consumers on May 13. Shipping will be prioritized by pre-order date. It will launch exclusively in the U.S. at Best Buy stores on May 19. The Leap Motion Controller will support operating system interactions with Windows 7 and 8, and Mac OS X 10.7 and 10.8. The Leap Motion Controller will also come with access to Airspace(TM), an exclusive Leap Motion application store where users can discover optimized software across a wide variety of categories including gaming, music, education, art, productivity and more. The public will have its first chance to try applications in development for the Leap Motion Controller during South by Southwest (SXSW) 2013 in Austin, Texas at the fun and immersive Leap Motion Experience. Visitors can let their hands and fingers explore what makes Leap Motion one of the most technologies today. The Leap Motion Experience will be open at 515 Cesar Chavez (the Old Iron Works parking lot) March 9-11.

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Type
Date
Target
Private Placement
January 3, 2013
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