FOCUS UNIVERSAL Business Summary

Focus Universal Inc. (FCUV) is a technology developer and manufacturer specializing in the Universal Smart Instrumentation Platform (USIP) and Universal Smart Device (USD) ecosystems. The company’s revenue model is currently transitioning from legacy wholesale of horticultural hardware—including light meters and filtration systems under its Perfecular and Lusher segments—toward a high-margin, AI-driven SaaS model centered on its proprietary "one-click" SEC financial reporting software and IoT cloud applications. Primary business segments include IoT Products, which focuses on hardware-software integration for industrial and home automation, and IoT Installation Services (Smart AVX). FCUV competes with established players such as Crestron Electronics, Control4, Hanna Instruments, and Digi International; however, it positions itself as a disruptive, low-cost alternative by utilizing an open-architecture platform that generalizes instrument functions into reusable sensor modules, aiming to undercut the proprietary hardware costs of its larger rivals. The company is led by Founder and CEO Dr. Desheng Wang, a former senior research fellow at the California Institute of Technology with over 20 years of experience in mobile technology and a Ph.D. in Chemistry from Emory University. Supporting the executive team is CFO Irving Kau, who brings a background in venture capital as a Managing Partner at Elementz Ventures and extensive experience in AgTech finance. The board is chaired by Dr. Edward Lee, a mathematics Ph.D. with a pedigree in academic research and executive leadership at AIDP, Inc. Notable board members include Carine Clark, a seasoned tech executive known for scaling high-growth companies, and Sean Warren, who provides deep expertise in enterprise IT compliance and cloud operations. The leadership team’s combined scientific and financial pedigree is central to the company’s strategy of commercializing its extensive patent portfolio in the IoT and financial software sectors.