 Okay, so what are you showing here? What's your company? We are showing Blue ID technology. It's a technology which enables app providers to integrate secure access into their smartphone apps. So it's just a normal smartphone? Nothing special in there or is it a special smartphone? That's a normal smartphone with a Blue ID enabled smartphone app. It's just an app? Just an app with our Blue ID component and in a scenario where you would rent a shared apartment, you get the permission to enter that apartment on your phone so you don't have to go somewhere to pick up keys. You just push in your smartphone app and the door opens. So you need to have a lock? Are you making the lock? The lock is provided by one of our partners and we provide the software which is used on the lock and in a smartphone app. And is it secure or not? It's very secure. It uses RSA and AS based on certificates. It cannot be hacked 100%? It's a 1,024 bit encryption and it cannot be hacked. There's no way to be in the middle or to do something, I don't know. Encryption is much stronger than for example the encryption on your car key. It's much more safe than a real key? Yes, because you can also, if you lose the phone, you can immediately lock the permission and transfer it to a new phone. So what is different between your solution and some other Bluetooth locks like August or I don't know the name of the other ones? What is special about yours? The big difference is that with the Blue ID software development kit you can integrate the solution into any app. Let's say you have a car sharing app which you use to access shared cars and you just again... So every new car sold in the market having Bluetooth lock or no? How many cars have this? Do you need a special car? This system is used already by German automotive manufacturers and within this year, within 2014, you will see a system on the market which uses Blue ID to open shared cars. Is it possible to add something in a normal car so it works or is it difficult to get inside? That's the solution for fleets. So if you want to outfit a fleet of at least 100 cars then Blue ID is the right technology for that. So you do Blue ID for home, for car and for what else? Another scenario where our partner Pango Mobile Parking uses Blue ID is the access to shared parking space. So the user comes to the barrier and pushes the button and at the push of the button the barrier for his parking space opens. And that's just a Bluetooth signal or what is it? Internet? In this case we use only Bluetooth smart and it's also possible to use NFC technology to just put the phone somewhere to an NFC tag and automatically open the door in the moment you touch the tag. You don't do cloud stuff over 3G, 4G and Wi-Fi? It's possible to go this way as well but the advantage using Bluetooth smart for example is that you don't need to have internet connection in the moment when you open the car. So you can be in an underground parking garage, the car doesn't have a connection and also your phone maybe doesn't have a cell phone connection and you can still open the car. How old is your company? We were founded in 2006 in Munich, Germany. Only to do this? Only to do Blue ID, yes. So how many people are using this so far? So far we are in the facility management market. We're home attic, German outfitter for home automation, uses our system to open the apartment doors. In the automotive sector we work together with MarkWatt. They supply locks for cars, digital control units for cars to German car makers like Audi, Daimler, BMW. We work with MarkWatt and they supply it to the car companies. What else is going to happen in the future? You're looking for many new customers? Within this year we will see two very interesting launches of two German automotive companies. We look forward to that and you will see a bit more about that in a few months. But you don't work with the Chinese or the French or something, only the Germans? Well, we're in talk with quite some companies. The release within this year will be with two German manufacturers and we talk to some more.