FOR CAR USE ONLY/ POUR APPLICATION AUTOMOBILE UNIQUEMENT/ NUR FÜR

AUTOMOBIL GEBRAUCH/ PARA USO EN AUTOMÓVILES/ SOLO PER L’UTILIZZO IN

AUTOMOBILE/ ТОЛЬКО ДЛЯ ИСПОЛЬЗОВАНИЯ В АВТОМОБИЛЯХ

WIFI DASH CAM

DVR-F800PRO

t OWNER’S MANUAL t MANUAL DE OPERACIÓN

Please read before using this equipment. Léalo antes de utilizar este equipo.

t MODE D’EMPLOI t ISTRUZIONI PER L’USO

Veuillez lire avant d’utiliser cet appareil. Si prega di leggere prima di utilizzare il attrezzatura.

t BEDIENUNGSANLEITUNG t РУКОВОДСТВО ПО ЭКСПЛУАТАЦИИ

Lesen Sie diese Bedienungsanleitung bitte vor Прочтите настоящее руководство перед
Gebrauch des Gerätes. началом использования оборудования.
$QWHVGHXVDUHOSURGXFWR
$FHUFDGHOSURGXFWR
(VWHSURGXFWRJUDEDYLGHRVPLHQWUDVHOYHK¯FXORHVW£HQIXQFLRQDPLHQWR8WLOLFHHVWHSURGXFWRVRORFRPR
UHIHUHQFLDDOLQYHVWLJDULQFLGHQWHVRDFFLGHQWHVHQUXWD1RVHJDUDQWL]DTXHHVWHSURGXFWRJUDEHQLWHQJD
VHUYLFLRHQODQXEHSDUD72'26ORVHYHQWRV(VSRVLEOHTXHHOGLVSRVLWLYRQRJUDEHHQIRUPDDSURSLDGD
ORVDFFLGHQWHVFRQSHTXH³RVLPSDFWRVTXHVRQPX\OHYHVFRPRSDUDDFWLYDUHOVHQVRUGHLPSDFWRRORV
DFFLGHQWHVGHLPSDFWRVPDVLYRVTXHPRGLILFDQODWHQVLµQGHODEDWHU¯DGHOYHK¯FXOR
/DJUDEDFLµQGHYLGHRQRFRPLHQ]DKDVWDTXHHOSURGXFWRHVW£FRPSOHWDPHQWHHQFHQGLGRLQLFLDGR3DUD
JDUDQWL]DUODJUDEDFLµQGHWRGRVORVHYHQWRVGHOYHK¯FXORHVSHUHKDVWDTXHHOSURGXFWRVHLQLFLHSRU
FRPSOHWROXHJRGHHQFHQGHUOR\DFRQWLQXDFLµQFRPLHQFHDRSHUDUHOYHK¯FXOR

$OSLQH(OHFWURQLFVQRVHUHVSRQVDELOL]DSRUODS«UGLGDTXHVHRFDVLRQHHQXQDFFLGHQWHQLSRUEULQGDU
UHVSDOGRHQUHODFLµQDOUHVXOWDGRGHXQDFFLGHQWH
6HJ¼QODFRQILJXUDFLµQGHOYHK¯FXORRODVFRQGLFLRQHVRSHUDWLYDVFRPRODLQVWDODFLµQGHORVGLVSRVLWLYRV
SDUDWUDEDUHPRWDGHODSXHUWDORVDMXVWHV(&8RORVDMXVWHV7306HVSRVLEOHTXHDOJXQDVIXQFLRQHVGHO
SURGXFWRQRVHDQFRPSDWLEOHV\ODVGLVWLQWDVYHUVLRQHVGHILUPZDUHSXHGHQDIHFWDUODVIXQFLRQHV\HO
GHVHPSH³RGHOSURGXFWR

$FHUFDGHODJX¯DSDUDHOXVXDULR
/DLQIRUPDFLµQTXHVHSURSRUFLRQDHQODJX¯DSXHGHFDPELDUFXDQGRHOIDEULFDQWHDFWXDOL]DVXSRO¯WLFDGH
VHUYLFLRV

/DSUHVHQWHJX¯DSDUDHOXVXDULRHVW£GLVH³DGDVRORSDUDORVPRGHORV$OSLQH'95)352\HVSRVLEOHTXH
WHQJDHUURUHVW«FQLFRVHUURUHVHGLWRULDOHVRTXHOHIDOWHLQIRUPDFLµQ

'HUHFKRVGHDXWRU
7RGRVORVGHUHFKRVSRUHOFRQWHQLGR\ORVPDSDVGHODSUHVHQWHJX¯DHVW£QUHVHUYDGRVSRU7+,1.:$5(
\HVW£QSURWHJLGRVSRUODVOH\HVGHGHUHFKRGHDXWRU6HSURK¯EHWRGDFRSLDUHYLVLµQSXEOLFDFLµQR
GLVWULEXFLµQQRDXWRUL]DGDVGHODSUHVHQWHJX¯DVLQDXWRUL]DFLµQHVFULWDGH7+,1.:$5((VWRFRQVWLWX\HXQ
GHOLWRLPSXWDEOH

0DUFDVFRPHUFLDOHVUHJLVWUDGDV
7+,1.:$5()352HVXQDPDUFDFRPHUFLDOUHJLVWUDGDGH7+,1.:$5(
2WURVQRPEUHVGHVHUYLFLR\ORJRWLSRVGHSURGXFWRGHODSUHVHQWHJX¯DVRQPDUFDVFRPHUFLDOHVGHODV
HPSUHVDVUHOHYDQWHV
QGLFH
,QIRUPDFLµQGHVHJXULGDG   8VRGHOYLVRUPµYLO 
 &RQHFWDUHOSURGXFWRDXQVPDUWSKRQH 
 'HVFULSFLµQJHQHUDOGHOSURGXFWR   &RQHFWDUHOSURGXFWRFRQXQGLVSRVLWLYR
 (OHPHQWRVTXHVHLQFOX\HQ  $QGURLG 
 (OHPHQWRVHVW£QGDU  &RQHFWDUHOSURGXFWRFRQXQGLVSRVLWLYR
 $FFHVRULRVVHYHQGHQSRUVHSDUDGR  L26 
 1RPEUHVGHODVSDUWHV   'LVH³RGHODSDQWDOODGHOYLVRUPµYLO 
 &£PDUDGHODQWHUDXQLGDGSULQFLSDO  5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRUPµYLO 
YLVWDGHODQWHUD   'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWUROGHO
&£PDUDGHODQWHUDXQLGDGSULQFLSDO YLGHR 
YLVWDSRVWHULRU   6HUYLFLRGHQXEH 
&£PDUDWUDVHUDRSFLRQDO  ,QLFLHVHVLµQHQODFXHQWD7+,1.:$5( 
 5HWLUDUHLQVHUWDUODWDUMHWDGHPHPRULD  8ELFDUHOYHK¯FXOR 
&RQILJXUDUODJHRGHOLPLWDFLµQ 
 ,QVWDODFLµQGHOSURGXFWR  8VDUODIXQFLµQGHQRWLILFDFLµQGH
 ,QVWDODUODF£PDUDGHODQWHUDXQLGDGSULQFLSDO LPSDFWRHQODFRQGXFFLµQ 
 6HOHFFLRQDUXQDXELFDFLµQSDUDOD 9HUYLGHRVGHLPSDFWRHQODFRQGXFFLµQ
LQVWDODFLµQ  HQHOVHUYLFLRGHODQXEH 
$VHJXUDUHOSURGXFWR 
&RQHFWDUHOFDEOHGHDOLPHQWDFLµQ   8VRGHOYLVRUSDUD3& 
 ,QVWDODUODF£PDUDWUDVHUDRSFLRQDO   5HTXLVLWRVGHOVLVWHPD 
6HOHFFLRQDUXQDXELFDFLµQSDUDOD  9LVRUGH3&SDUD:LQGRZV 
LQVWDODFLµQ  ,QVWDODFLµQGHOYLVRUGH3&
$VHJXUDUODF£PDUDWUDVHUD  SDUD:LQGRZV 
&RQHFWDUHOFDEOHGHODF£PDUDWUDVHUD  'LVH³RGHODSDQWDOODGHOYLVRUSDUD3&
SDUD:LQGRZV 
 8VDUODVIXQFLRQHVGHJUDEDFLµQ  5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRU
 (QFHQGHURDSDJDUHOSURGXFWR  SDUD3&SDUD:LQGRZV 
'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWURO
 &RQRFHUODVXELFDFLRQHVGHDOPDFHQDPLHQWR
GHOYLGHRSDUD:LQGRZV 
GHODUFKLYR 
 9LVRUGH3&SDUD0DF 
 8VRGHODVIXQFLRQHVGHJUDEDFLµQFRQWLQXD 
,QVWDODFLµQGHOYLVRUGH3&SDUD0DF 
 *UDEDFLµQPDQXDO 
'LVH³RGHODSDQWDOODGHOYLVRUSDUD3&
 8VDUHOPRGRGHDSDUFDPLHQWR  SDUD0DF 
5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRU
SDUD3&SDUD0DF 
'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWURO
GHOYLGHRSDUD0DF 


 $MXVWHV  $MXVWDUODVHQVLELOLGDGGHGHWHFFLµQGH
 $GPLQLVWUDUODWDUMHWDGHPHPRULD  FKRTXHDGHODQWH 
&RQILJXUDUODVHQVLELOLGDGGHGHWHFFLµQ
 3DUWLFLµQGHODWDUMHWDGHPHPRULD 
GHFKRTXHDGHODQWHHQEDMDYHORFLGDG 
)RUPDWHDUODWDUMHWDGHPHPRULD 
&RQILJXUDUODDGYHUWHQFLDGH
&RQILJXUDUODIXQFLµQGHVREUHVFULELU
PRYLPLHQWRGHYHK¯FXORGHODQWHUR 
YLGHR 
 &RQILJXUDUORVDMXVWHVGHOVLVWHPD 
 $MXVWDUODF£PDUD 
&RQILJXUDUHOLGLRPDGHODSDQWDOOD 
$MXVWHGHOEULOORGHODF£PDUDGHODQWHUD 
$MXVWDUHOYROXPHQGHOVLVWHPD 
$MXVWHGHOEULOORGHODF£PDUDWUDVHUD 
&RQILJXUDUHO/('GHVHJXULGDG 
,QYHUWLUODYLVWDWUDVHUDGDUODYXHOWD 
&RQILJXUDUHO/('GHODF£PDUDWUDVHUD 
 &RQILJXUDUODVIXQFLRQHVGHJUDEDFLµQ 
&RQILJXUDUOD]RQDKRUDULD 
$MXVWDUODVHQVLELOLGDGGHGHWHFFLµQ
&RQILJXUDUHOKRUDULRGHYHUDQR 
FRQWLQXDGHLPSDFWRV 
&RQILJXUDUODXQLGDGGHYHORFLGDG 
&RQILJXUDUODIXQFLµQGH6XSHUYLVLµQ
&RQILJXUDUOD0DUFDGHYHORFLGDG 
QRFWXUQD 
 &RQILJXUDUORVDMXVWHVGHODIXQFLµQGHUHG 
&RQILJXUDUHOPRGRGHDSDUFDPLHQWR 
&RQILJXUDUODVHQVLELOLGDGGHLPSDFWRHQ &RQILJXUDUODIXQFLµQGHUHG 
HOPRGRGHDSDUFDPLHQWR  &RQILJXUDFLµQGHODVHQVLELOLGDGSDUDOD
$MXVWDUODVHQVLELOLGDGGHGHWHFFLµQGH QRWLILFDFLµQGHLPSDFWRHQODFRQGXFFLµQ
PRYLPLHQWR  &RQILJXUDUODFDUJDGHOYLGHRGH
&RQILJXUDUODIXQFLµQGHOWHPSRUL]DGRU LPSDFWRHQODFRQGXFFLµQ 
GHUHJLVWUR 
&RQILJXUDUODIXQFLµQGHSURWHFFLµQGHOD  $FFHGHUDODLQIRUPDFLµQGHOSURGXFWR 
EDWHU¯D   9LVXDOL]DUODLQIRUPDFLµQGHOSURGXFWR 
&RQILJXUDUODIXQFLµQGHWHQVLµQSDUD  $FFHGHUDO*36\FRQILJXUDUOR 
GHVFRQH[LµQGHODEDWHU¯D 
&RQILJXUDUODIXQFLµQGHSURWHFFLµQGHOD  $FWXDOL]DFLµQGHOILUPZDUH 
EDWHU¯DSDUDHOLQYLHUQR 
 &RQILJXUDUODVIXQFLRQHVGHVHJXULGDGHQ  5HVWDEOHFHUHOSURGXFWR 
FDUUHWHUD 
&RQILJXUDUODVF£PDUDVGHVHJXULGDG 
 'LDJQµVWLFRGHSUREOHPDV 
&RQILJXUDUHODOHUWDGH]RQDPµYLO 
,QGHQWLILFDUHOWLSRGHYHK¯FXOR 
 (VSHFLILFDFLRQHV 
,QLFLDUODFRQILJXUDFLµQGHOD
FDOLEUDFLµQGH$'$6 
&RQILJXUDUODVHQVLELOLGDGGHOVLVWHPDGH
$GYHUWHQFLDGHFDPELRGHFDUULO 
&RQILJXUDUODYHORFLGDGGHGHWHFFLµQGHO
FDPELRGHFDUULO 


 

,QIRUPDFLµQGHVHJXULGDG
/HDODLQIRUPDFLµQGHVHJXULGDGDFRQWLQXDFLµQSDUDXWLOL]DUHOSURGXFWRHQIRUPDDSURSLDGD

6¯PERORVGHVHJXULGDGGHHVWDJX¯D

Ŕ$GYHUWHQFLDŕ,QGLFDXQSHOLJURSRWHQFLDOTXHGHQRHYLWDUVHSXHGHUHVXOWDUHQXQDOHVLµQRODPXHUWH

Ŕ3UHFDXFLµQŕ,QGLFDXQSHOLJURSRWHQFLDOTXHGHQRHYLWDUVHSXHGHUHVXOWDUHQXQDOHVLµQOHYHRGD³RVDOD
SURSLHGDG

Ŕ1RWDŕ%ULQGDLQIRUPDFLµQ¼WLOSDUDD\XGDUDORVXVXDULRVDXWLOL]DUPHMRUODVIXQFLRQHVGHOSURGXFWR

,QIRUPDFLµQGHVHJXULGDGSDUDXVRDSURSLDGR

&RQGXFFLµQ\RSHUDFLµQGHOSURGXFWR

ř1RRSHUHHOSURGXFWRPLHQWUDVFRQGXFHXQYHK¯FXOR/DVGLVWUDFFLRQHVDOFRQGXFLUSXHGHQRFDVLRQDU
DFFLGHQWHV\SURYRFDUOHVLRQHVRODPXHUWH
ř,QVWDOHHOSURGXFWRHQOXJDUHVGRQGHODYLVLµQGHOFRQGXFWRUQRTXHGHREVWUXLGD/DREVWUXFFLµQGHOD
YLVLµQGHOFRQGXFWRUSXHGHRFDVLRQDUDFFLGHQWHV\SURYRFDUOHVLRQHVRODPXHUWH&RQVXOWHODVOH\HV
HVWDWDOHV\PXQLFLSDOHVDQWHVGHUHDOL]DUHOPRQWDMHGHOSURGXFWRHQHOSDUDEULVDV


$OLPHQWDFLµQ

ř1RRSHUHQLPDQLSXOHHOFDEOHGHDOLPHQWDFLµQFRQODVPDQRVPRMDGDV(VWRSXHGHSURYRFDUOD
HOHFWURFXFLµQ
ř1RXWLOLFHFDEOHVGHDOLPHQWDFLµQGD³DGRV(VWRSXHGHSURYRFDULQFHQGLRVRODHOHFWURFXFLµQ
ř0DQWHQJDHOFDEOHGHDOLPHQWDFLµQDOHMDGRGHWRGDVODVIXHQWHVGHFDORU'HORFRQWUDULRVHSXHGH
SURYRFDUHOGHUUHWLPLHQWRGHODLVODPLHQWRGHOFDEOHGHDOLPHQWDFLµQORFXDOSXHGHSURYRFDULQFHQGLRVROD
HOHFWURFXFLµQ
ř8WLOLFHHOFDEOHGHDOLPHQWDFLµQFRQHOFRQHFWRUFRUUHFWR\DVHJ¼UHVHGHTXHHVW«FRQHFWDGRHQ
IRUPDVHJXUD\DVHJXUDGRILUPHPHQWHHQHOOXJDU'HORFRQWUDULRHVWRSXHGHSURYRFDULQFHQGLRVROD
HOHFWURFXFLµQ
ř1RPRGLILTXHQLFRUWHHOFDEOHGHDOLPHQWDFLµQ$GHP£VQRFRORTXHREMHWRVSHVDGRVVREUHHOFDEOH
GHDOLPHQWDFLµQQLORWLUHLQVHUWHRGREOHFRQGHPDVLDGDIXHU]D(VWRSXHGHSURYRFDULQFHQGLRVROD
HOHFWURFXFLµQ

ř6RORXWLOLFHDFFHVRULRVJHQXLQRVGH$OSLQH(OHFWURQLFVRGHXQGLVWULEXLGRUDXWRUL]DGRGH$OSLQH
(OHFWURQLFV$OSLQH(OHFWURQLFVQRJDUDQWL]DODFRPSDWLELOLGDGQLODRSHUDFLµQQRUPDOGHORVDFFHVRULRVGH
WHUFHURV
ř$OFRQHFWDUHOFDEOHGHDOLPHQWDFLµQFRQHOSURGXFWRDVHJ¼UHVHGHTXHODFRQH[LµQHQWUHHOHQFKXIHGHO
FDEOH\HOFRQHFWRUGHOFDEOHGHDOLPHQWDFLµQHQHOSURGXFWRHVW«VHJXUD6LODFRQH[LµQHVW£IORMDHV
SRVLEOHTXHHOFDEOHGHDOLPHQWDFLµQVHGHVFRQHFWHGHELGRDODYLEUDFLµQGHOYHK¯FXOR1RSRGU£JUDEDU
YLGHRVVLHOFRQHFWRUGHDOLPHQWDFLµQHVW£GHVFRQHFWDGR

1L³RV\PDVFRWDV

ř$VHJ¼UHVHGHTXHHOSURGXFWRHVW«IXHUDGHODOFDQFHGHQL³RV\PDVFRWDV6LHOSURGXFWRVHURPSHSXHGH
FDXVDUGD³RVOHWDOHV


 

0£VLQIRUPDFLµQVREUHHOSURGXFWR

2SHUDFLµQ\DGPLQLVWUDFLµQGHOSURGXFWR

ř1RH[SRQJDHOSURGXFWRDODOX]GLUHFWDGHOVROQLDOX]LQWHQVD'HORFRQWUDULRHVSRVLEOHTXHHOOHQWHRORV
FLUFXLWRVLQWHUQRVIDOOHQ
ř8WLOLFHHOSURGXFWRDXQDWHPSHUDWXUDHQWUHr)\r)r&Dr&\DOPDF«QHORDXQDWHPSHUDWXUD
HQWUHr)\r)r&Dr&(VSRVLEOHTXHHOSURGXFWRQRIXQFLRQHVVHJ¼QORGLVH³DGR\TXHVH
SURGX]FDQDOJXQRVGD³RVI¯VLFRVSHUPDQHQWHVVLVHRSHUDRDOPDFHQDIXHUDGHORVUDQJRVGHWHPSHUDWXUD
HVSHFLILFDGRV'LFKRVGD³RVQRVHHQFXHQWUDQEDMRODFREHUWXUDGHODJDUDQW¯D
ř5HYLVHHOSURGXFWRIUHFXHQWHPHQWHSDUDYHULILFDUTXHODSRVLFLµQGHLQVWDODFLµQVHDODFRUUHFWD(OLPSDFWR
RFDVLRQDGRSRUFRQGLFLRQHVH[WUHPDVGHODUXWDSXHGHQPRGLILFDUODSRVLFLµQGHLQVWDODFLµQ$VHJ¼UHVH
GHTXHHOSURGXFWRHVW«XELFDGRVHJ¼QVHLQGLFDHQODSUHVHQWHJX¯D
ř1RDSOLTXHIXHU]DH[FHVLYDDOSXOVDUORVERWRQHV(VWRSXHGHGD³DUORVERWRQHV
ř1RXWLOLFHSURGXFWRVGHOLPSLH]DTX¯PLFRVQLVROYHQWHVSDUDOLPSLDUHOSURGXFWR(VWRSXHGHGD³DUORV
FRPSRQHQWHVSO£VWLFRVGHOSURGXFWR/LPSLHHOSURGXFWRXWLOL]DQGRXQSD³ROLPSLRVXDYH\VHFR
ř1RGHVDUPHHOSURGXFWRQLORVRPHWDDLPSDFWR(VWRSXHGHGD³DUHOSURGXFWR'HVDUPDUHOSURGXFWRVLQ
DXWRUL]DFLµQSXHGHDQXODUODJDUDQW¯DGHOPLVPR
ř0DQ«MHORFRQFXLGDGR6LGHMDFDHUHOSURGXFWRORPDQHMDHQIRUPDLQDSURSLDGDRORH[SRQHDJROSHV
SXHGHFDXVDUGD³RVRJHQHUDUHOPDOIXQFLRQDPLHQWRGHOSURGXFWR
ř1RLQWHQWHLQVHUWDUREMHWRVH[WUD³RVHQHOGLVSRVLWLYR
ř(YLWHHOH[FHVRGHKXPHGDG\QRSHUPLWDHOLQJUHVRGHDJXDHQHOSURGXFWR/RVFRPSRQHQWHVHOHFWUµQLFRV
GHQWURGHOSURGXFWRSXHGHQIDOODUVLVHH[SRQHQDODKXPHGDGRHODJXD

ř6HJ¼QODPDUFD\HOPRGHORGHVXDXWRPµYLOHVSRVLEOHTXHODF£PDUDGHOWDEOHURUHFLEDDOLPHQWDFLµQ
FRQVWDQWHLQFOXVRFXDQGRHVW£DSDJDGR/DLQVWDODFLµQGHOGLVSRVLWLYRHQXQWRPDFRUULHQWHVGH9GH
DOLPHQWDFLµQFRQWLQXDSRGU¯DDJRWDUODEDWHU¯DGHOYHK¯FXOR
ř(VWHGLVSRVLWLYRHVW£GLVH³DGRSDUDJUDEDUYLGHRPLHQWUDVHOYHK¯FXORHVW£HQIXQFLRQDPLHQWR/DFDOLGDG
GHOYLGHRSXHGHYHUVHDIHFWDGDSRUODVFRQGLFLRQHVFOLP£WLFDV\HOHQWRUQRHQODUXWD\DVHDVLHVGHG¯DR
GHQRFKHVLKD\LOXPLQDFLµQHQODFDOOHVLLQJUHVDRVDOHGHW¼QHOHV\SRUODWHPSHUDWXUDFLUFXQGDQWH
ř$OSLQH(OHFWURQLFV12VHUHVSRQVDELOL]DSRUODS«UGLGDGHYLGHRVJUDEDGRVGXUDQWHODRSHUDFLµQ
ř$XQTXHHOGLVSRVLWLYRHVW£GLVH³DGRSDUDVRSRUWDUFKRTXHVGHDXWRPµYLOHVGHDOWRLPSDFWR$OSLQH
(OHFWURQLFVQRJDUDQWL]DODJUDEDFLµQGHDFFLGHQWHVFXDQGRHOGLVSRVLWLYRVHGD³DFRPRUHVXOWDGRGHO
DFFLGHQWH
ř0DQWHQJDHOSDUDEULVDV\HOOHQWHGHODF£PDUDOLPSLRVSDUDORJUDUXQDFDOLGDGµSWLPDGHOYLGHR/DV
SDUW¯FXODV\ODVVXVWDQFLDVVREUHHOSDUDEULVDVRHOOHQWHGHODF£PDUDSXHGHQUHGXFLUODFDOLGDGGHORV
YLGHRVJUDEDGRV
ř(VWHGLVSRVLWLYRHVW£GLVH³DGRSDUDVHUXWLOL]DGRGHQWURGHOYHK¯FXORVRODPHQWH


 'HVFULSFLµQJHQHUDOGHOSURGXFWR
 (OHPHQWRVTXHVHLQFOX\HQ
$VHJ¼UHVHGHTXHWRGRVORVHOHPHQWRVHVW«QSUHVHQWHVDODEULUODFDMDGHOSURGXFWR

 (OHPHQWRVHVW£QGDU

&£PDUDGHODQWHUDXQLGDG 0RQWDMH &DUJDGRUSDUDDXWRPµYLO 6RSRUWHDGKHVLYRSDUDHO

SULQFLSDO FDEOH

%$77
*1

(5<
'

$&
&

7DUMHWDGHPHPRULD *X¯DGHLQLFLRU£SLGR*X¯D &DEOHGHSURJUDPDFLµQ

0LFUR6' GHOXVXDULR
FRQDGDSWDGRU VHDOPDFHQDHQODWDUMHWD
LQVXPR 0LFUR6'

/RVHOHPHQWRVHVW£QGDUSXHGHQFDPELDUVLQSUHYLRDYLVR

 $FFHVRULRVVHYHQGHQSRUVHSDUDGR

5HFHSWRU*36H[WHUQR &£PDUDSRVWHULRU

ř/DUHFHSFLµQGHO*36SXHGHYHUVHDIHFWDGDSRULQWHUIHUHQFLDGHOSDUDEULVDVGHOYHK¯FXORSDUWLFXODUPHQWH
ORVTXHWLHQHQXQUHYHVWLPLHQWRSURWHFWRUDQWL89RXQGHVHPSD³DGRULQFRUSRUDGR6HVXJLHUHXWLOL]DUXQ
UHFHSWRU*36H[WHUQRFXDQGRODVH³DOGHO*36VHDG«ELORFXDQGRQRSXHGDUHFLELUXQDVH³DOGHO*36
ř3DUDFRQHFWDUHOUHFHSWRUGHO*36H[WHUQRFRQODF£PDUDIURQWDOUHWLUHODFXELHUWDGHOSXHUWRGHO*36GH
ODF£PDUDGHODQWHUDFRQFXLGDGRRXWLOLFHXQGHVWRUQLOODGRUGHFDEH]DSODQDSHTXH³RRLQWHQWHDEULUODFRQ
XQDSDODQFDSDUDDFFHGHUDOSXHUWR


 'HVFULSFLµQJHQHUDOGHOSURGXFWR

 1RPEUHVGHODVSDUWHV

 &£PDUDGHODQWHUDXQLGDGSULQFLSDOYLVWDGHODQWHUD

%RWµQGHJUDEDFLµQGHYR]
3UHVLRQHSDUDKDELOLWDUR
GHVKDELOLWDUODJUDEDFLµQGHYR]

/('GHO*36 %RWµQGHJUDEDFLµQPDQXDO
,QGLFDHOHVWDGRGH 3UHVLRQHSDUDLQLFLDUODJUDEDFLµQPDQXDO
FRQH[LµQGHO*36

%RWµQ)RUPDWR
/('GHJUDEDFLµQ 0DQWHQJDSUHVLRQDGR
,QGLFDHOHVWDGRGH SDUDIRUPDWHDUODWDUMHWD
JUDEDFLµQ GHPHPRULD

3XHUWRGHHQWUDGD9,1
6HXVDSDUDFRQHFWDUOD
F£PDUDWUDVHUDRSFLRQDO

/(':L)L 3XHUWRGHDOLPHQWDFLµQ
,QGLFDHOHVWDGRGH '&,1
FRQH[LµQ:L)L 6HXVDSDUDFRQHFWDUHO
3DUODQWH FDEOHGHDOLPHQWDFLµQ
(PLWHORVVRQLGRVGHOWLPEUH\ODJX¯DGH
YR]SDUDLQGLFDUHOHVWDGRGHOSURGXFWR 3XHUWR*36
6HXVDSDUDFRQHFWDUHO
%RWµQGHHQFHQGLGR %RWµQ:L)L UHFHSWRU*36H[WHUQR
0DQW«QJDORSUHVLRQDGRSDUDDSDJDUHOSURGXFWR 3UHVLµQHORSDUD RSFLRQDO
3UHVLµQHORSDUDHQFHQGHUHOSURGXFWR FRQHFWDUHOSURGXFWR
DXQVPDUWSKRQHD
WUDY«VGHODUHG:L)L


'HVFULSFLµQJHQHUDOGHOSURGXFWR

 &£PDUDGHODQWHUDXQLGDGSULQFLSDOYLVWDSRVWHULRU

0LFUµIRQR
6HXVDSDUDODJUDEDFLµQGHYR]

5DQXUDGHODWDUMHWDGHPHPRULD
,QVHUWHXQDWDUMHWDGHPHPRULDSDUD
JXDUGDUODVJUDEDFLRQHV

%RWµQ5HVWDEOHFHU
,QVHUWHODSXQWDGHXQREMHWR
DILODGRSDUDUHVWDEOHFHUHOSURGXFWR
FXDQGRVHSURGX]FDXQHUURU

/('GHVHJXULGDG
,QGLFDTXHVHHVW£
JUDEDQGRYLGHR
/HQWHGHODF£PDUDGHODQWHUD
*UDEDODYLVWDGHODQWHUD
&RQHFWRUGHPRQWDMH
6HXVDSDUDFRQHFWDUHOPRQWDMH

 &£PDUDWUDVHUDRSFLRQDO

0RQWDMHDGKHVLYR
6HXVDSDUDILMDUODF£PDUDWUDVHUDHQHOYHK¯FXOR

/HQWHGHODF£PDUDWUDVHUD
*UDEDODYLVWDWUDVHUD
3XHUWRGHFRQH[LµQ
6HXVDSDUDFRQHFWDUOD
F£PDUDWUDVHUDDODF£PDUD
GHODQWHUDXVDQGRXQFDEOHGH
ODF£PDUDWUDVHUD

/('GHVHJXULGDG
,QGLFDTXHVHHVW£JUDEDQGRYLGHR

 'HVFULSFLµQJHQHUDOGHOSURGXFWR

 5HWLUDUHLQVHUWDUODWDUMHWDGHPHPRULD
6LJDODVLQVWUXFFLRQHVSDUDUHWLUDUODWDUMHWDGHPHPRULDGHOSURGXFWRRSDUDLQVHUWDUODHQHOPLVPR

5HWLUDUODWDUMHWDGHPHPRULD

$VHJ¼UHVHGHTXHHOSURGXFWRHVW«DSDJDGR\D
FRQWLQXDFLµQHPSXMHVXDYHPHQWHODSDUWHLQIHULRUGHOD
WDUMHWDGHPHPRULDFRQODX³DGHOGHGR/DSDUWHLQIHULRUGH
ODWDUMHWDGHPHPRULDTXHGDU£H[SXHVWD

5HW¯UHODGHOSURGXFWR

,QVHUWDUODWDUMHWDGHPHPRULD

,QVHUWHODWDUMHWDGHPHPRULDHQODUDQXUDSDUDODWDUMHWDGH
PHPRULDSUHVWDQGRDWHQFLµQDODGLUHFFLµQHQTXHODFRORFD
\DFRQWLQXDFLµQHPS¼MHODHQODUDQXUDKDVWDTXHHVFXFKH
XQFOLF

$QWHVGHLQVHUWDUODWDUMHWDGHPHPRULDDVHJ¼UHVHGH
TXHORVFRQWDFWRVGHPHWDOGHODWDUMHWDGHPHPRULDHVW«Q
PLUDQGRKDFLDORVERWRQHVGHOSURGXFWR

ř$VHJ¼UHVHGHTXHHOSURGXFWRHVW«DSDJDGRDQWHVGHTXLWDUODWDUMHWDGHPHPRULD/RVDUFKLYRVGHYLGHR
JUDEDGRVSXHGHQGD³DUVHRSHUGHUVHVLUHWLUDODWDUMHWDGHPHPRULDPLHQWUDVHOSURGXFWRHVW£HQFHQGLGR
ř$VHJ¼UHVHGHTXHODWDUMHWDGHPHPRULDHVW«HQODGLUHFFLµQFRUUHFWDDQWHVGHLQVHUWDUODHQHOSURGXFWR
/DUDQXUDGHODWDUMHWDGHPHPRULDRODWDUMHWDGHPHPRULDSXHGHQGD³DUVHVLVHLQVHUWDHQIRUPD
LQFRUUHFWD
ř8WLOLFHVRODPHQWHWDUMHWDVGHPHPRULDDXW«QWLFDVGH$OSLQH(OHFWURQLFV$OSLQH(OHFWURQLFVQRJDUDQWL]DOD
FRPSDWLELOLGDGQLODRSHUDFLµQQRUPDOGHODVWDUMHWDVGHPHPRULDGHWHUFHURV

3DUDHYLWDUODS«UGLGDGHORVDUFKLYRVGHYLGHRJUDEDGRVUHDOLFHXQDFRSLDGHUHVSDOGRSHULµGLFDGHORV
DUFKLYRVGHYLGHRHQXQGLVSRVLWLYRGHDOPDFHQDPLHQWRVHSDUDGR


 ,QVWDODFLµQGHOSURGXFWR
 ,QVWDODUODF£PDUDGHODQWHUDXQLGDGSULQFLSDO
6LJDODVLQVWUXFFLRQHVSDUDLQVWDODUHOSURGXFWRHQIRUPDDSURSLDGD

 6HOHFFLRQDUXQDXELFDFLµQSDUDODLQVWDODFLµQ

6HOHFFLRQHXQDXELFDFLµQGHLQVWDODFLµQTXHSXHGD
JUDEDUODYLVWDFRPSOHWDGHODQWHGHVXYHK¯FXORVLQ
REVWUXLUODYLVLµQGHOFRQGXFWRU$VHJ¼UHVHGHTXH
HOOHQWHGHODF£PDUDGHODQWHUDHVW«XELFDGRHQHO
FHQWURGHOSDUDEULVDV

6LKD\XQGLVSRVLWLYRGHQDYHJDFLµQ*36LQVWDODGRHQ
HOWDEOHURHVSRVLEOHTXHVHDIHFWHODUHFHSFLµQGHO
*36VHJ¼QODXELFDFLµQGHLQVWDODFLµQGHODF£PDUDGHO
20 cm WDEOHUR
$MXVWHODXELFDFLµQGHLQVWDODFLµQGHOGLVSRVLWLYR
GHQDYHJDFLµQ*36SDUDJDUDQWL]DUTXHORVGRV
GLVSRVLWLYRVHVW«QVHSDUDGRVDOPHQRVFHQW¯PHWURV
DSUR[LPDGDPHQWHSXOJDGDV

 $VHJXUDUHOSURGXFWR
6LJDODVLQVWUXFFLRQHVSDUDDVHJXUDUHOSURGXFWRHQODXELFDFLµQGHLQVWDODFLµQ

 $OL³HHOPRQWDMHDOULHOSDUDPRQWDMHVREUHHO
SURGXFWR\DFRQWLQXDFLµQGHVO¯FHORKDVWDTXH
HVFXFKHXQFOLFₖ$FRQWLQXDFLµQUHWLUHFRQ
1 FXLGDGRODSHO¯FXODSURWHFWRUDₗ

 7UDVGHWHUPLQDUODXELFDFLµQGHLQVWDODFLµQOLPSLHODXELFDFLµQHQHOSDUDEULVDVFRQXQSD³RVHFR


 ,QVWDODFLµQGHOSURGXFWR

 5HWLUHODSHO¯FXODSURWHFWRUDGHOPRQWDMHDGKHVLYR
\DFRQWLQXDFLµQSUHVLRQHHOPRQWDMHHQOD
XELFDFLµQGHLQVWDODFLµQ
2
1

 5HWLUHHOSURGXFWRGHOPRQWDMH\HPSXMHHOPRQWDMH
2
FRQWUDHOSDUDEULVDVSDUDVXMHWDUORILUPHPHQWH

 $OL³HHOSURGXFWRFRQHOPRQWDMH\DFRQWLQXDFLµQ
GHVO¯FHORHQODSRVLFLµQGHEORTXHRKDVWDHVFXFKDU
XQFOLF

ř(OSURGXFWRSXHGHFDHUVH\GD³DUVHGXUDQWHHOXVRGHOYHK¯FXORVLQRHVW£ILUPHPHQWHVXMHWDGRHQHO
PRQWDMH
ř6LQHFHVLWDTXLWDUHOPRQWDMHGHOSDUDEULVDVSDUDPRGLILFDUODXELFDFLµQGHLQVWDODFLµQWHQJDFXLGDGR
GHQRGD³DUHOUHYHVWLPLHQWRGHODSHO¯FXODGHOSDUDEULVDV

 )LMHHO£QJXORYHUWLFDOGHODF£PDUDHQIRUPD
DSURSLDGD


,QVWDODFLµQGHOSURGXFWR

3DUDFRQILUPDUHO£QJXORGHODF£PDUDJUDEHXQYLGHROXHJRGHUHDOL]DUODLQVWDODFLµQ\FRPSUXHEHHO
YLGHRXVDQGRHOYLVRUPµYLORHOYLVRUSDUD3&6LIXHUDQHFHVDULRDMXVWHQXHYDPHQWHHO£QJXORGHOD
F£PDUD
3DUDREWHQHUP£VLQIRUPDFLµQVREUHHOYLVRUPµYLORHOYLVRUSDUD3&FRQVXOWHŔ8VRGHOYLVRUPµYLOŕ
HQODS£JLQDRŔ8VRGHOYLVRUSDUD3&ŕHQODS£JLQD

 &RQHFWDUHOFDEOHGHDOLPHQWDFLµQ
&XDQGRVHDSDJXHQHOPRWRU\ORVDFFHVRULRVHO«FWULFRVFRQHFWHHOFDUJDGRUSDUDHODXWRPµYLO

(OFDEOHGHSURJUDPDFLµQRSFLRQDOGHEHVHULQVWDODGRHQHOYHK¯FXORHQIRUPDSURIHVLRQDOSRUXQ

PHF£QLFRFDSDFLWDGR

&RQHFWHHOFDUJDGRUSDUDDXWRPµYLOHQHOSXHUWRGH
DOLPHQWDFLµQGH&&GHHQWUDGDGHOSURGXFWRHLQVHUWHHO
HQFHQGHGRUHQHOWRPDFRUULHQWHVGHOYHK¯FXOR

/DXELFDFLµQ\ODVHVSHFLILFDFLRQHVGHOWRPDFRUULHQWHVSXHGHGLIHULUVHJ¼QHOPRGHOR\ODPDUFDGHO
YHK¯FXOR

ř8WLOLFHHOFDUJDGRUSDUDDXWRPµYLO$OSLQH(OHFWURQLFVDXW«QWLFR(OXVRGHFDEOHVGHDOLPHQWDFLµQGH
WHUFHURVSXHGHGD³DUHOSURGXFWR\SURYRFDULQFHQGLRVRODHOHFWURFXFLµQDFDXVDGHODGLIHUHQFLDGH
WHQVLµQ
ř1RFRUWHQLPRGLILTXHHOFDEOHGHDOLPHQWDFLµQSRUV¯PLVPR(VWRSXHGHGD³DUHOSURGXFWRRHOYHK¯FXOR
ř3DUDTXHODFRQGXFFLµQVHDVHJXUDGLVSRQJDORVFDEOHVGHPDQHUDWDOTXHODYLVLµQGHOFRQGXFWRUQR
TXHGHREVWUXLGDQLTXHLQWHUILHUDQFRQODFRQGXFFLµQ


 ,QVWDODFLµQGHOSURGXFWR

 ,QVWDODUODF£PDUDWUDVHUDRSFLRQDO

&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDLQVWDODUODF£PDUDWUDVHUDHQIRUPDDSURSLDGD

 6HOHFFLRQDUXQDXELFDFLµQSDUDODLQVWDODFLµQ

6HOHFFLRQHXQDXELFDFLµQVREUHHOSDUDEULVDV
WUDVHURGRQGHQRKD\DFDEOHVGHODUHGGHO
GHVHPSD³DGRU\ODF£PDUDSXHGDJUDEDUODYLVWD
WUDVHUDFRPSOHWD

ř(QHOFDVRGHORVYHK¯FXORVTXHWLHQHQXQSDUDVROFRORFDGRHQHOSDUDEULVDVWUDVHURGHEHVHOHFFLRQDUXQD
XELFDFLµQGRQGHHOXVRGHOSDUDVROQRLQWHUILHUDFRQODRSHUDFLµQGHODF£PDUD
ř/DSDUWHDGKHVLYDGHODF£PDUDWUDVHUDQRGHEHWRFDUODUHGGHOGHVHPSD³DGRU


,QVWDODFLµQGHOSURGXFWR

 $VHJXUDUODF£PDUDWUDVHUD
&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDDVHJXUDUHOSURGXFWRHQHOOXJDUGHODLQVWDODFLµQ

 7UDVGHWHUPLQDUODXELFDFLµQGHLQVWDODFLµQOLPSLHODVXSHUILFLHGHLQVWDODFLµQGHOSDUDEULVDVFRQXQ
SD³RVHFR

5HYLVHHOOXJDUGHODLQVWDODFLµQDQWHVGHDVHJXUDUODF£PDUDWUDVHUDDOSDUDEULVDVWUDVHUR7UDV
DVHJXUDUODF£PDUDWUDVHUDHQHOSDUDEULVDVVHU£GLI¯FLOTXLWDUODRFDPELDUHOOXJDUGHODLQVWDODFLµQ
JUDFLDVDODSRWHQFLDGHODGKHVLYR

 5HWLUHODSHO¯FXODSURWHFWRUDGHOPRQWDMHDGKHVLYR
\GHOOHQWHGHODF£PDUD
1
2

 &RORTXHHOSURGXFWRFRQHOORJRWLSR7+,1.:$5(
PLUDQGRKDFLDDGHQWUR\SUHVLRQHODFLQWDDGKHVLYD
ILUPHPHQWHSDUDDVHJXUDUODF£PDUD

6LHOSURGXFWRVHFRORFDDOUHY«VODYLVWD
THINKW
WUDVHUDVHJUDEDU£DOUHY«V
ARE

 $MXVWHHO£QJXORYHUWLFDOGHODF£PDUD

THINKW
ARE


 ,QVWDODFLµQGHOSURGXFWR

 &RQHFWDUHOFDEOHGHODF£PDUDWUDVHUD
$SDJXHHOSURGXFWR\FRQHFWHHOFDEOHGHODF£PDUDWUDVHUDDODF£PDUDGHODQWHUDXQLGDGSULQFLSDO

 &RQHFWHXQH[WUHPRGHOFDEOHGHODF£PDUDWUDVHUD
DOSXHUWR9,1GHODF£PDUDGHODQWHUD

 &RQHFWHHORWURH[WUHPRGHOFDEOHGHODF£PDUD
WUDVHUDDOSXHUWRGHFRQH[LµQGHODF£PDUDWUDVHUD

THINKW
ARE

3DUDTXHODFRQGXFFLµQVHDVHJXUDGLVSRQJDORVFDEOHVGHPDQHUDWDOTXHODYLVLµQGHOFRQGXFWRUQR
TXHGHREVWUXLGDQLTXHLQWHUILHUDQFRQODFRQGXFFLµQ

 (QFLHQGDHO$&&RSRQJDHQPDUFKDHOPRWRUSDUDFRPSUREDUVLHOSURGXFWRUHFLEHHQHUJ¯D/XHJRGH
TXHHOSURGXFWRVHHQFLHQGDVHHQFHQGHU£QHO/('GHHVWDGR\ODJX¯DGHYR]

(OSURGXFWRVHHQFLHQGHFXDQGRVHDFWLYDHOPRGR$&&RFXDQGRVHSRQHHQPDUFKDHOPRWRU


 8VDUODVIXQFLRQHVGHJUDEDFLµQ
 (QFHQGHURDSDJDUHOSURGXFWR
(OSURGXFWRVHHQFLHQGHDXWRP£WLFDPHQWH\ODJUDEDFLµQFRQWLQXDFRPLHQ]DFXDQGRHQFLHQGHHO$&&R
SRQHHQPDUFKDHOPRWRU

(VSHUHKDVWDTXHHOSURGXFWRVHLQLFLHSRUFRPSOHWROXHJRGHHQFHQGHUOR\DFRQWLQXDFLµQFRPLHQFH
DRSHUDUHOYHK¯FXOR/DJUDEDFLµQGHYLGHRQRFRPLHQ]DKDVWDTXHHOSURGXFWRHVW£FRPSOHWDPHQWH
HQFHQGLGRLQLFLDGR

 &RQRFHUODVXELFDFLRQHVGHDOPDFHQDPLHQWRGHODUFKLYR
/RVYLGHRVVHDOPDFHQDQHQODVVLJXLHQWHVFDUSHWDVVHJ¼QVXPRGRGHJUDEDFLµQ

(QHOYLVRUPµYLO &RQWLQXRGH *UDEDFLµQ 'HWHFFLµQGH ,QFLGHQWHVGH

&RQWLQXR
LQFLGHQWHV PDQXDO PRYLPLHQWR DSDUFDPLHQWR

(QODWDUMHWDGHPHPRULD

5HSURGX]FDYLGHRVHQFRPSXWDGRUD:LQGRZVR0DFRXWLOL]DQGRODDSOLFDFLµQPµYLO7KLQNZDUH
6LUHSURGXFHYLGHRVLQVHUWDQGRODWDUMHWDGHPHPRULDHQGLVSRVLWLYRVWDOHVFRPRXQVPDUWSKRQHRXQD3&
WDEOHWHVSRVLEOHTXHSLHUGDORVDUFKLYRVGHYLGHR

8QQRPEUHGHDUFKLYRHVW£FRPSXHVWRSRUODIHFKD\ODKRUDGHLQLFLRGHODJUDEDFLµQ\SRUODRSFLµQGH
JUDEDFLµQ
&RQGLFLRQHVGHJUDEDFLµQ
ř)&£PDUDGHODQWHUD
5(&BBBBBBB)03
ř5&£PDUDWUDVHUDFXDQGRVHFRORFD
5(&BBBBBBB503 ODF£PDUDWUDVHUDRSFLRQDO


 8VDUODVIXQFLRQHVGHJUDEDFLµQ

 8VRGHODVIXQFLRQHVGHJUDEDFLµQFRQWLQXD
&RQHFWHHOFDEOHGHDOLPHQWDFLµQHQHOSXHUWRGHDOLPHQWDFLµQGH&&GHOSURGXFWR\DFRQWLQXDFLµQ
HQFLHQGDORVDFFHVRULRVHO«FWULFRVGHOYHK¯FXORRSRQJDHQPDUFKDHOPRWRU6HHQFLHQGHQHO/('GH
HVWDGR\ODJX¯DGHYR]\FRPLHQ]DODJUDEDFLµQFRQWLQXD

'XUDQWHODJUDEDFLµQFRQWLQXDHOSURGXFWRRSHUDGHODVLJXLHQWHPDQHUD

0RGR 'HVFULSFLµQGHODRSHUDFLµQ /('GHJUDEDFLµQ5(&

*UDEDFLµQ 'XUDQWHODFRQGXFFLµQORVYLGHRVVHJUDEDQHQVHJPHQWRVGH
OX]HQFHQGLGD
FRQWLQXD PLQXWR\VHDOPDFHQDQHQODFDUSHWDFRQWBUHF
&XDQGRVHGHWHFWDXQLPSDFWRHQHOYHK¯FXORVHJUDEDXQYLGHR
*UDEDFLµQ
GXUDQWHVHJXQGRVGHVGHVHJXQGRVDQWHVGHODGHWHFFLµQ
FRQWLQXDGH SDUSDGHD
KDVWDVHJXQGRVGHVSX«VGHODGHWHFFLµQ\VHDOPDFHQDHQOD
LQFLGHQWHV
FDUSHWDHYWBUHF

&XDQGRVHGHWHFWDXQLPSDFWRHQHOYHK¯FXORGXUDQWHODJUDEDFLµQFRQWLQXDODJUDEDFLµQFRQWLQXDGHOLQFLGHQWH
LQLFLDFRQHOVRQLGRGHXQWLPEUH

ř(VSHUHKDVWDTXHHOSURGXFWRVHLQLFLHSRUFRPSOHWROXHJRGHHQFHQGHUOR\DFRQWLQXDFLµQFRPLHQFH
DRSHUDUHOYHK¯FXOR/DJUDEDFLµQGHYLGHRQRFRPLHQ]DKDVWDTXHHOSURGXFWRHVW£FRPSOHWDPHQWH
HQFHQGLGRLQLFLDGR
ř&XDQGRVHLQLFLDODJUDEDFLµQFRQWLQXDGHLQFLGHQWHVHOWLPEUHHPLWHXQVRQLGRFRPRQRWLILFDFLµQ(VWD
IXQFLµQOHDKRUUDWLHPSRFXDQGRUHYLVDHO/('GHHVWDGRSDUDFRQRFHUHOHVWDGRRSHUDWLYRGHOSURGXFWR
ř3DUDKDELOLWDUODJUDEDFLµQGHEHLQVHUWDUXQDWDUMHWDGHPHPRULDHQHOSURGXFWR

 *UDEDFLµQPDQXDO
3XHGHJUDEDUXQDHVFHQDTXHGHVHDFDSWXUDUPLHQWUDVFRQGXFH\DOPDFHQDUODFRPRXQDUFKLYRVHSDUDGR

3DUDLQLFLDUODJUDEDFLµQPDQXDOSUHVLRQHHOERWµQGHJUDEDFLµQPDQXDO $FRQWLQXDFLµQVHLQLFLDU£OD
JUDEDFLµQPDQXDOFRQODJX¯DGHYR]'XUDQWHODJUDEDFLµQPDQXDOHOSURGXFWRRSHUDGHODVLJXLHQWHPDQHUD

0RGR 'HVFULSFLµQGHODRSHUDFLµQ /('GHJUDEDFLµQ5(&

&XDQGRSUHVLRQDHOERWµQGHJUDEDFLµQPDQXDO VHJUDEDXQYLGHR
*UDEDFLµQ
GXUDQWHPLQXWRGHVGHVHJXQGRVDQWHVKDVWDVHJXQGRVGHVSX«VGH SDUSDGHD
PDQXDO
SUHVLRQDUHOERWµQ\VHDOPDFHQDHQODFDUSHWDPDQXDOBUHF


8VDUODVIXQFLRQHVGHJUDEDFLµQ

 8VDUHOPRGRGHDSDUFDPLHQWR
&XDQGRFRQHFWDHOSURGXFWRDOYHK¯FXORXVDQGRHOFDEOHGHSURJUDPDFLµQRSFLRQDOHOPRGRRSHUDWLYR
FDPELDDOPRGRGHDSDUFDPLHQWRFRQJX¯DGHYR]OXHJRGHTXHVHDSDJDQHOPRWRURORVDFFHVRULRV
HO«FWULFRV

ř(OPRGRGHDSDUFDPLHQWRVRORRSHUDFXDQGRVHFRQHFWDHOFDEOHGHSURJUDPDFLµQ(OFDEOHGH
SURJUDPDFLµQRSFLRQDOGHEHVHULQVWDODGRHQHOYHK¯FXORHQIRUPDSURIHVLRQDOSRUXQPHF£QLFR
FDSDFLWDGR
ř3DUDXVDUWRGRVORVPRGRVGHJUDEDFLµQGHEHLQVHUWDUXQDWDUMHWDGHPHPRULDHQHOSURGXFWR
ř6HJ¼QHOHVWDGRGHFDUJDGHODEDWHU¯DGHOYHK¯FXORODGXUDFLµQGHOPRGRGHDSDUFDPLHQWRSXHGHGLIHULU
6LGHVHDXWLOL]DUHOPRGRGHDSDUFDPLHQWRGXUDQWHXQSHU¯RGRSURORQJDGRUHYLVHHOQLYHOGHODEDWHU¯DSDUD
HYLWDUTXHVHDJRWH

6LQRGHVHDXVDUHOPRGRGHDSDUFDPLHQWRRVLGHVHDPRGLILFDUORVDMXVWHVGHOPRGRGHVGHHOYLVRUPµYLO
SXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

&RQVXOWHODVLJXLHQWHWDEODSDUDFRQILJXUDUODVRSFLRQHVGHO0RGRGHDSDUFDPLHQWR

/('GHJUDEDFLµQ
2SFLµQ 'HVFULSFLµQGHODRSHUDFLµQ
5(&
1RVHKD
0RQLWRUHDHOPRYLPLHQWRHQHO£UHDRORVLPSDFWRVTXH
GHWHFWDGR
UHFLEHHOYHK¯FXOR(OYLGHRVHJUDEDVRORFXDQGRVHGHWHFWD OX]HQFHQGLGD
PRYLPLHQWR
PRYLPLHQWRRXQLPSDFWR
QLLPSDFWR
&XDQGRVHGHWHFWDQREMHWRVHQPRYLPLHQWRFXDQGRHOYHK¯FXOR
HVW£DSDUFDGRVHJUDEDXQYLGHRGXUDQWHVHJXQGRV
'HWHFFLµQ 0RYLPLHQWR
GHVGHVHJXQGRVDQWHVGHODGHWHFFLµQKDVWDVHJXQGRV SDUSDGHD
GH GHWHFWDGR
GHVSX«VGHODGHWHFFLµQ\VHDOPDFHQDHQODFDUSHWDPRWLRQB
PRYLPLHQWR
WLPHODSVHBUHF

&XDQGRVHGHWHFWDXQLPSDFWRFXDQGRHOYHK¯FXORHVW£
,PSDFWR DSDUFDGRVHJUDEDXQYLGHRGXUDQWHVHJXQGRVGHVGH
GHWHFWDGR VHJXQGRVDQWHVGHODGHWHFFLµQKDVWDVHJXQGRVGHVSX«VGH SDUSDGHD
ODGHWHFFLµQ\VHDOPDFHQDHQODFDUSHWDSDUNLQJBUHF


 8VDUODVIXQFLRQHVGHJUDEDFLµQ

/('GHJUDEDFLµQ
2SFLµQ 'HVFULSFLµQGHODRSHUDFLµQ
5(&
/RVYLGHRVVHJUDEDQDXQDYHORFLGDGGHISVGXUDQWH
1RVHKD PLQXWRVVHFRPSULPHQHQXQDUFKLYRGHPLQXWRVGHGXUDFLµQ
GHWHFWDGR \VHDOPDFHQDQHQODFDUSHWDPRWLRQBWLPHODSVHBUHF'HELGR OX]HQFHQGLGD
LPSDFWR DTXHHODUFKLYRGHYLGHRTXHVHJUDEDFRQHVWDRSFLµQHV
FRUWRSXHGHJUDEDUXQYLGHRODUJR
/DSVRGH &XDQGRVHGHWHFWDXQLPSDFWRFXDQGRHOYHK¯FXORHVW£
WLHPSR DSDUFDGRVHJUDEDXQYLGHRGXUDQWHVHJXQGRVDXQD
YHORFLGDGGHISVGHVGHHOPRPHQWRVHJXQGRVDQWHVGH
,PSDFWR
ODGHWHFFLµQKDVWDVHJXQGRVGHVSX«VGHODGHWHFFLµQ\VH SDUSDGHD
GHWHFWDGR
DOPDFHQDHQODFDUSHWDSDUNLQJBUHFOXHJRGHFRPSULPLUVHHQ
XQDUFKLYRGHVHJXQGRVGHGXUDFLµQ(OWLPEUHHPLWLU£XQ
VRQLGR
1RVHKD
0RQLWRUHDORVLPSDFWRVTXHVXIUHHOYHK¯FXOR(OYLGHRVH
GHWHFWDGR OX]HQFHQGLGD
JUDEDVRORFXDQGRVHGHWHFWDXQLPSDFWR
LPSDFWR
$KRUURGH
&XDQGRVHGHWHFWDXQLPSDFWRFXDQGRHOYHK¯FXORHVW£
HQHUJ¯D
,PSDFWR DSDUFDGRVHJUDEDXQYLGHRGXUDQWHVHJXQGRVGHVGH
GHWHFWDGR VHJXQGRGHQWURGHSURGXFLUVHODGHWHFFLµQ\VHDOPDFHQDHQ SDUSDGHD
ODFDUSHWDSDUNLQJBUHF
(OSURGXFWRVHDSDJDFXDQGRVHDSDJDQHOPRWRU\ORV
$3$*$'2 $SDJDGR
DFFHVRULRVHO«FWULFRV

1RHVSRVLEOHXWLOL]DUOD'HWHFFLµQGHPRYLPLHQWRHO/DSVRGHWLHPSRRHO$KRUURGHHQHUJ¯DDOPLVPR
WLHPSR

6LVHPRGLILFDQORVDMXVWHVGHOPRGRGHDSDUFDPLHQWRVHHOLPLQDQORVYLGHRVJUDEDGRVFRQORVDMXVWHV
DQWHULRUHV3DUDHYLWDUODS«UGLGDGHLQIRUPDFLµQUHDOLFHXQDFRSLDGHUHVSDOGRGHWRGRVORVYLGHRV
JUDEDGRVHQHOPRGRGHDSDUFDPLHQWRDQWHVGHFDPELDUORVDMXVWHVGHOPRGRGHDSDUFDPLHQWR


 8VRGHOYLVRUPµYLO
(VSRVLEOHYLVXDOL]DU\DGPLQLVWUDUORVYLGHRVJUDEDGRV\FRQILJXUDUGLVWLQWDVIXQFLRQHVGHOSURGXFWRHQVX
VPDUWSKRQH

6HUHTXLHUHXQRGHHVWRVHQWRUQRVSDUDXWLOL]DUODDSOLFDFLµQ7+,1.:$5(&/28'
ř$QGURLG.LWNDWRYHUVLµQSRVWHULRU
řL26RYHUVLµQSRVWHULRU

 &RQHFWDUHOSURGXFWRDXQVPDUWSKRQH

 &RQHFWDUHOSURGXFWRFRQXQGLVSRVLWLYR$QGURLG

 (QVXGLVSRVLWLYR$QGURLGDEUD3OD\6WRUH\GHVFDUJXHHLQVWDOH7+,1.:$5(&/28'

 $EUD7+,1.:$5(&/28'

 3XOVH(VQHFHVDULDXQDFRQH[LµQFRQODGDVKFDPHQODSDUWHLQIHULRUGHODSDQWDOOD\VLJDODV
LQVWUXFFLRQHVHQODSDQWDOODSDUDFRQHFWDUHOSURGXFWRDXQGLVSRVLWLYR$QGURLG

6HUHTXLHUHODFRQWUDVH³D:L)LFXDQGRFRQHFWHHOSURGXFWRDXQVPDUWSKRQHSRUSULPHUDYH](VFULED
ŔŕHQHOFDPSRGHHQWUDGDGHODFRQWUDVH³D


 8VRGHOYLVRUPµYLO

 &RQHFWDUHOSURGXFWRFRQXQGLVSRVLWLYRL26

&RQHFWDUDWUDY«VGH:L)L

 (QVXGLVSRVLWLYRL26DEUD$SS6WRUH\GHVFDUJXHHLQVWDOH7+,1.:$5(&/28'

 $EUD7+,1.:$5(&/28'

 3XOVH(VQHFHVDULDXQDFRQH[LµQFRQODGDVKFDPHQODSDUWHLQIHULRUGHODSDQWDOOD

 3XOVH&RQH[LµQ:L)L

 (QHOSURGXFWRSUHVLRQHHOERWµQ:L)L 

 'HVGH7+,1.:$5(&/28'SXOVH6LJXLHQWH

6HPRVWUDU£ODSDQWDOOD$MXVWHVGH:L)L

 (QODOLVWDGHUHGHVVHOHFFLRQHODUHG:L)LTXHHPSLH]DFRQ$OSLQH

 (VFULEDHQHOFDPSR&RQWUDVH³D\SXOVH&RQHFWDU

(OSURGXFWRVHFRQHFWDDVXGLVSRVLWLYRL26DWUDY«VGH:L)L


8VRGHOYLVRUPµYLO

&RQHFWDUDWUDY«VGHSXQWRGHDFFHVR:L)L

 (QVXGLVSRVLWLYRL26DEUD$SS6WRUH\GHVFDUJXHHLQVWDOH7+,1.:$5(&/28'

 $EUD7+,1.:$5(&/28'

 3XOVH(VQHFHVDULDXQDFRQH[LµQFRQODGDVKFDPHQODSDUWHLQIHULRUGHODSDQWDOOD

 3XOVH&RQH[LµQSDFFHVR!&RQILJXUQXHYDFRQH[LµQ

 (QHOSURGXFWRSUHVLRQHHOERWµQ:L)L 

 'HVGH7+,1.:$5(&/28'SXOVH6LJXLHQWH

6HPRVWUDU£ODSDQWDOOD$MXVWHVGH:L)L

 (QODOLVWDGHUHGHVVHOHFFLRQHODUHG:L)LTXHHPSLH]DFRQ$OSLQH

 (VFULEDHQHOFDPSR&RQWUDVH³D\SXOVH&RQHFWDU

(OSURGXFWRVHFRQHFWDDVXGLVSRVLWLYRL26DWUDY«VGH:L)L

 9XHOYDD7+,1.:$5(&/28'HVFULEDODFRQWUDVHODSDUDVXSXQWRGHDFFHVR:L)L\SXOVH6LJXLHQWH

ř3DUDYHUODFRQWUDVH³DSDUDVXSXQWRGHDFFHVR:L)LGHVGHODSDQWDOODGHLQLFLRGHVXGLVSRVLWLYR
L26SXOVH$MXVWHV!3XQWRGHDFFHVR:L)LSHUVRQDO

 3XOVH$FWLYDUSXQWRGHDFFHVR

 &RQILUPHHOPHQVDMHHPHUJHQWH\SXOVH$&(37$5

 $FWLYHHO3XQWRGHDFFHVR:L)LSHUVRQDO\HVSHUHKDVWDHVFXFKDU&RQHFWDGRD,QWHUQHW

1RVDOJDGHODSDQWDOODGHDMXVWHVGHOSXQWRGHDFFHVR:L)LSHUVRQDO/DFRQH[LµQQRVHHVWDEOHFH
VLVDOHGHODSDQWDOODGHDMXVWHVGHOSXQWRGHDFFHVR:L)LSHUVRQDODQWHVGHHVFXFKDU&RQHFWDGRD
,QWHUQHW

 9XHOYDD7+,1.:$5(&/28'

(OSURGXFWRVHFRQHFWDDVXGLVSRVLWLYRL26DWUDY«VGHOSXQWRGHDFFHVR:L)L


 8VRGHOYLVRUPµYLO

 'LVH³RGHODSDQWDOODGHOYLVRUPµYLO
6HSURYHHLQIRUPDFLµQEUHYHGHOGLVH³RGHODSDQWDOODGHOYLVRUPµYLO
9LVXDOLFHODVQRWLILFDFLRQHVSDUD
9
ODDFWXDOL]DFLµQGHO)LUPZDUHHO
0XHVWUHHOSURGXFWR LQJUHVR\ODVDOLGDGH]RQDV*(2
FRQHFWDGRRFRQILJXUD GHOLPLWDGDV\ORVLPSDFWRV
XQDQXHYDFRQH[LµQ
3DVHDODSDQWDOODGH
9LVWDHQGLUHFWR

0XHVWUH\UHSURGX]FDORV 9LVXDOLFHRFRQILJXUH
9
YLGHRVJUDEDGRV ORVDMXVWHVGHOD
GDVKFDP

0XHVWUHODLQIRUPDFLµQGHO 9LVXDOLFHODUHG:L)L
9
SURGXFWR FRQHFWDGDRDJUHJXH
XQDUHGQXHYD

0XHVWUDHOHVWDGRGH
FRQH[LµQGHOSURGXFWR
0XHVWUHHOPHQ¼SULQFLSDO
9LVXDOLFHHOPHQ¼GHVHUYLFLR 9LVXDOLFHP£VPHQ¼VSDUD
GHQXEH DMXVWDUODFXHQWDGHVFDUJDUOD
¼OWLPDYHUVLµQGHO)LUPZDUHROD
LQIRUPDFLµQGHODVF£PDUDVGH
VHJXULGDG


8VRGHOYLVRUPµYLO

 5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRUPµYLO
6LJDODVLQVWUXFFLRQHVSDUDUHSURGXFLUORVYLGHRVJUDEDGRV

/DVIXQFLRQHVGHJUDEDFLµQ\GHO6LVWHPDDYDQ]DGRGHDVLVWHQFLDGHFRQGXFFLµQ$'$6GHOSURGXFWRVH

GHVDFWLYDQDOUHYLVDUODOLVWDGHDUFKLYRVGHYLGHRRDOUHSURGXFLUXQYLGHRHQHOYLVRUPµYLO

 (QVXVPDUWSKRQHDEUDODDSOLFDFLµQ7KQLNZDUH&ORXG\FRQHFWHHOSURGXFWRDOVPDUWSKRQH

 'HVGHODSDQWDOODGHLQLFLRGHOYLVRUPµYLOSXOVH/LVWDGHDUFKLYRV6HPRVWUDU£QODVFDWHJRU¯DV

 3XOVHODFDWHJRU¯DGHVHDGD6HPRVWUDU£ODOLVWDGHDUFKLYRVGHYLGHR

 6LIXHUDQHFHVDULRSXOVH7RGR'HODQWHUDR7UDVHUDSDUDILOWUDUODOLVWDGHDUFKLYRVGHYLGHRSRU
F£PDUD

 6HOHFFLRQHHOYLGHRGHVHDGR

 'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWUROGHOYLGHR
6HSURYHHLQIRUPDFLµQEUHYHGHOPHQ¼GHFRQWUROGHOYLGHRGHOYLVRUPµYLO

/DVIXQFLRQHVGHJUDEDFLµQ\GHO6LVWHPDDYDQ]DGRGHDVLVWHQFLDGHFRQGXFFLµQ$'$6GHOSURGXFWRVH

GHVDFWLYDQDOUHYLVDUODOLVWDGHDUFKLYRVGHYLGHRRDOUHSURGXFLUXQYLGHRHQHOYLVRUPµYLO

3DVHDODSDQWDOOD
GHODOLVWDGH
DUFKLYRV

0XHVWUDHOHVWDGR
GHUHSURGXFFLµQ

5HSURGX]FDHODUFKLYRDQWHULRU 5HSURGX]FDHOVLJXLHQWHDUFKLYR.
5HSURGX]FDRSRQJDHQ
SDXVDHOYLGHR


 8VRGHOYLVRUPµYLO

 6HUYLFLRGHQXEH
0LHQWUDVODGDVKFDPHVW«FRQHFWDGDD,QWHUQHWSRGU£YLVXDOL]DUODXELFDFLµQGHVXYHK¯FXORUHFLELU
QRWLILFDFLRQHVDOLQJUHVDU\DOVDOLUGH]RQDVJHRGHOLPLWDGDV\GHWHFWDUXQLPSDFWRIXHUWH

 ,QLFLHVHVLµQHQODFXHQWD7+,1.:$5(
6LJDODVLQVWUXFFLRQHVSDUDLQLFLDUVHVLµQHQODFXHQWD7+,1.:$5(

ř'HEHDFWLYDUODIXQFLµQGHUHGSDUDXWLOL]DUHOVHUYLFLRGHQXEH3DUDDFWLYDUODIXQFLµQGHUHGFRQVXOWH
Ŕ&RQILJXUDUODIXQFLµQGHUHGŕHQODS£JLQD
ř'HEHLQLFLDUVHVLµQHQODFXHQWD7+,1.:$5(SDUDXWLOL]DUHOVHUYLFLRGHQXEH6LQRWLHQHXQD
LGHQWLILFDFLµQVHOHFFLRQH7+,1.:$5(5HJLVWURHQODSDQWDOOD,1,&,$56(6\FUHHXQDFXHQWDHQSULPHU
OXJDU
ř8QDYH]TXHLQLFLDVHVLµQHQODFXHQWD7+,1.:$5(\UHJLVWUDVXSURGXFWRHQVXFXHQWDSXHGHXVDUHO
VHUYLFLRGHQXEHLQFOXVRVLVXSURGXFWRHVW£FRQHFWDGRD,QWHUQHWDWUDY«VGH:L)LRDOWHO«IRQRPµYLOGH
RWUDVSHUVRQDV

3XOVH  3XOVH,1,&,$56(6 ₖ

,QJUHVHVXLGHQWLILFDFLµQ\

ODFRQWUDVH³D
ₗ
3XOVH,1,&,$56(6


8VRGHOYLVRUPµYLO

 8ELFDUHOYHK¯FXOR
(OVHUYLFLRGHQXEHUHFLEHODLQIRUPDFLµQGHO*36GHVXSURGXFWR\PXHVWUDODXELFDFLµQGHVXYHK¯FXOR
6LJDODVLQVWUXFFLRQHVSDUDXELFDUVXYHK¯FXOR

3XOVH  /DXELFDFLµQGHVXWHO«IRQR /DXELFDFLµQ\ODGLUHFFLµQ

PµYLOVHPDUFDHQHOPDSD
3XOVHHOPDSDSDUDFRQILUPDU
ODXELFDFLµQGHVXYHK¯FXORHQ
HOPDSD
GHVXYHK¯FXORVHPDUFDHQHO
PDSD
7DPEL«QVHPXHVWUDOD¼OWLPD
LQIRUPDFLµQGHIHFKD\KRUD
GHUHFHSFLµQGHO*36

6LHOVHUYLFLRGHQXEHQRUHFLEHODLQIRUPDFLµQGHO*36GHOSURGXFWRRVLHVW£XVDQGRHOVHUYLFLRGHQXEH
SRUSULPHUDYH]VHPRVWUDU£ODVLJXLHQWHSDQWDOOD3XOVH5HLQWHQWDUSDUDLQWHQWDUUHFLELUQXHYDPHQWHOD
LQIRUPDFLµQGHO*36


 8VRGHOYLVRUPµYLO

 &RQILJXUDUODJHRGHOLPLWDFLµQ
3XHGHUHFLELUQRWLILFDFLRQHVFXDQGRVXYHK¯FXORLQJUHVDDRVDOHGHODV]RQDVJHRGHOLPLWDGDV

$FWLYDUODQRWLILFDFLµQGHJHRGHOLPLWDFLµQ

6LJDODVLQVWUXFFLRQHVSDUDDFWLYDUODQRWLILFDFLµQGHJHRGHOLPLWDFLµQ

3XOVH  3XOVH$MXVWHVGH 3XOVH1RWLILFDFLµQGHO¯PLWH

QRWLILFDFLRQHUSXVK JHRJU£ILFR


8VRGHOYLVRUPµYLO

$JUHJDUXQD]RQDGHJHRGHOLPLWDFLµQ

6LJDODVLQVWUXFFLRQHVSDUDDJUHJDUXQD]RQDGHJHRGHOLPLWDFLµQ

3XOVH  3XOVH(VWDEOHFHUO¯PLWH 3XOVH

JHRJU£ILFR

ₗ
ₘ

ₖ

3XOVHODXELFDFLµQGHVHDGD 3XOVH 
HQHOPDSD
ₗ

3XOVH5DGLR\VHOHFFLRQHXQD
GLVWDQFLD
ₘ

3XOVH$YLVR\VHOHFFLRQH
FX£QGRUHFLELUODV
QRWLILFDFLRQHV


 8VRGHOYLVRUPµYLO

 8VDUODIXQFLµQGHQRWLILFDFLµQGHLPSDFWRHQODFRQGXFFLµQ
3XHGHUHFLELUQRWLILFDFLRQHVVLVXYHK¯FXORUHFLEHLPSDFWRV6LJDODVLQVWUXFFLRQHVSDUDDFWLYDUOD
QRWLILFDFLµQGHLPSDFWRHQODFRQGXFFLµQ

3XOVH  3XOVH1RWLILFDFLµQGHO¯PLWH 3XOVH1RWLILFLPSDFWR

JHRJU£ILFR FRQGXFFLµQ


8VRGHOYLVRUPµYLO

 9HUYLGHRVGHLPSDFWRHQODFRQGXFFLµQHQHOVHUYLFLRGHODQXEH
3XHGHYHUORVYLGHRVGHLPSDFWRHQODFRQGXFFLµQFDUJDGRVHQHOVHUYLFLRGHODQXEHVLVHGHWHFWDXQ
LPSDFWRPLHQWUDVFRQGXFH6LJDODVLQVWUXFFLRQHVSDUDYHUORVYLGHRVGHLPSDFWRHQODFRQGXFFLµQ

3XOVH  3XOVH  3XOVH9¯GHRLPSDFWR

FRQGXFFLµQ

3XOVHHOYLGHRGHLPSDFWRHQODFRQGXFFLµQTXHGHVHHUHSURGXFLU
ř3DUDGHVFDUJDUYLGHRVGHLPSDFWRHQODFRQGXFFLµQGHOVHUYLGRUGHODQXEH
ₖ

3XOVH \VHOHFFLRQHXQYLGHRSDUDGHVFDUJDU
ₗ

3XOVH !
'HVFDUJDU(OYLGHRGHVFDUJDGRHVWDU£GLVSRQLEOHHQHO
PHQ¼/LVWDGHDUFKLYRV

ř3DUDHOLPLQDUYLGHRVGHLPSDFWRHQODFRQGXFFLµQGHOVHUYLGRUGHODQXEH
ₖ

3XOVH \VHOHFFLRQHXQYLGHRSDUDHOLPLQDU
ₗ

3XOVH !
6¯(OLPLQDU(OYLGHRVHOHFFLRQDGRVHHOLPLQDGHOVHUYLGRUGH
ODQXEH

ř'HEHDFWLYDUODIXQFLµQGHUHGSDUDXWLOL]DUHOVHUYLFLRGHQXEH3DUDDFWLYDURGHVDFWLYDUHVWDIXQFLµQ
FRQVXOWHŔ&RQILJXUDUODFDUJDGHOYLGHRGHLPSDFWRHQODFRQGXFFLµQŕHQODS£JLQD
ř/DYHORFLGDGGHODFDUJD\GHOIXQFLRQDPLHQWRGHOVHUYLFLRGHODQXEHSXHGHQYDULDUVHJ¼QHOHVWDGRGHVX
UHGPµYLO\GHOVHUYLGRUGHODQXEH


 8VRGHOYLVRUSDUD3&
(VSRVLEOHYLVXDOL]DU\DGPLQLVWUDUORVYLGHRVJUDEDGRV\FRQILJXUDUGLVWLQWDVIXQFLRQHVGHOSURGXFWRHQVX
3&

 5HTXLVLWRVGHOVLVWHPD
(VWRVVRQORVUHTXLVLWRVGHOVLVWHPDSDUDHMHFXWDUHOYLVRUSDUD3&
ř 3URFHVDGRU,QWHO&RUHLRVXSHULRU
ř 0HPRULD*%RP£V
ř 6LVWHPDRSHUDWLYR:LQGRZVRSRVWHULRUVHVXJLHUHGHELWVLVWHPDRSHUDWLYR0$&;0RXQWDLQ
/LRQRSRVWHULRU
ř 2WURV'LUHFW;RSRVWHULRU0LFURVRIW([SORUHUYHUVLµQRSRVWHULRU

(OYLVRUSDUD3&QRRSHUDHQIRUPDDSURSLDGDHQORVVLVWHPDVGH3&TXHHMHFXWDQXQVLVWHPDRSHUDWLYR
GLVWLQWRDOTXHVHPHQFLRQDHQORVUHTXLVLWRVGHOVLVWHPD

 9LVRUGH3&SDUD:LQGRZV

 ,QVWDODFLµQGHOYLVRUGH3&SDUD:LQGRZV

3XHGHGHVFDUJDUOD¼OWLPDYHUVLµQGHOVRIWZDUHGHOYLVRUSDUD3&GHOVLWLRZHE$OSLQH(OHFWURQLFVKWWSV
VXSSRUWDOSLQHHXURSHFRP

(ODUFKLYRGHLQVWDODFLµQGHOYLVRUSDUD3&VHWXSH[HVHDOPDFHQDHQODFDUSHWDGHUD¯]GHODWDUMHWDGH

PHPRULDTXHVHSURYHHFRQHOSURGXFWR6LJDODVLQVWUXFFLRQHVSDUDLQVWDODUHOYLVRUSDUD3&HQVX3&

 ,QVHUWHODWDUMHWDGHPHPRULDHQXQOHFWRUGHWDUMHWDGHPHPRULDVFRQHFWDGRDVX3&

 (MHFXWHHODUFKLYRGHLQVWDODFLµQ\ILQDOLFHODLQVWDODFLµQVLJXLHQGRODVLQVWUXFFLRQHVGDGDVSRUHO
DVLVWHQWHGHLQVWDODFLµQ
$OILQDOL]DUODLQVWDODFLµQKDEU£XQ¯FRQRGHDFFHVRGLUHFWRDOYLVRUSDUD3&$/3,1('$6+&$0


8VRGHOYLVRUSDUD3&

 'LVH³RGHODSDQWDOODGHOYLVRUSDUD3&SDUD:LQGRZV

6HSURYHHLQIRUPDFLµQEUHYHGHOGLVH³RGHODSDQWDOODGHOYLVRUSDUD3&

9LVXDOLFHRFRQILJXUHORVDMXVWHV &DPELHHQWUHORVYLGHRV
GHODGDVKFDP\FRQILJXUHHO 0XHVWUHHOYLGHRDFWXDOHQ GHODQWHUR\WUDVHUR
LGLRPDSDUDHOYLVRUSDUD3& SDQWDOODFRPSOHWD3XOVHHOERWµQ
9ROYHU SDUDYROYHUDOD 0LQLPLFHH[SDQGDR
SDQWDOODDQWHULRU FLHUUHHOVRIWZDUH
9LVLWHHOVLWLRZHE$OSLQH
(OHFWURQLFV

$EUDXQDUFKLYRRJXDUGH
XQYLGHRFRQXQQRPEUH
GLIHUHQWH
0XHVWUDOD
LQIRUPDFLµQGH*36
0XHVWUDHOQRPEUHGHO 0XHVWUDHOYLGHRDFWXDO HQHOPRPHQWRGHOD
DUFKLYRGHYLGHR
JUDEDFLµQ

5HSURGX]FDRFRQWUROHXQ
YLGHR

0XHVWUDHOSURJUHVRGHOD
UHSURGXFFLµQGHOYLGHR

0XHVWUDHOWLHPSRGH
IXQFLRQDPLHQWRDFWXDO\
WRWDOGHOYLGHRDFWXDO

,QGLFDODYHORFLGDGGH
FRQGXFFLµQGHOYHK¯FXOR
HQHOPRPHQWRGHOD
JUDEDFLµQ

,QGLFDHOYDORUGHOVHQVRU 0XHVWUDODOLVWDGH
*HQHOPRPHQWRGHOD UHSURGXFFLµQ
JUDEDFLµQ


 8VRGHOYLVRUSDUD3&

 5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRUSDUD3&SDUD:LQGRZV

6LJDODVLQVWUXFFLRQHVSDUDUHSURGXFLUORVYLGHRVJUDEDGRV

 $SDJXHHOSURGXFWR\UHWLUHODWDUMHWDGHPHPRULD

 ,QVHUWHODWDUMHWDGHPHPRULDHQXQOHFWRUGHWDUMHWDGHPHPRULDVFRQHFWDGRDVX3&

 +DJDGREOHFOLFHQHODFFHVRGLUHFWRGHOYLVRUSDUD3& SDUDDEULUHOSURJUDPD/RVDUFKLYRV
GHYLGHRGHODWDUMHWDGHPHPRULDVHDJUHJDU£QDXWRP£WLFDPHQWHHQODOLVWDGHUHSURGXFFLµQHQ
ODHVTXLQDLQIHULRUGHUHFKDGHODSDQWDOODGHOYLVRUSDUD3&(OGLVH³RGHODVHFFLµQGHODOLVWDGH
UHSURGXFFLµQHVHOVLJXLHQWH
6HOHFFLRQHXQDFDUSHWD

0XHVWUDXQDOLVWDGH
YLGHRVHQODFDUSHWD
VHOHFFLRQDGD

 +DJDGREOHFOLFHQXQDUFKLYRGHYLGHRWUDVVHOHFFLRQDUXQDFDUSHWDGHYLGHRRELHQKDJDFOLFHQ
HOERWµQ5HSURGXFLUɟWUDVVHOHFFLRQDUXQDUFKLYRGHYLGHR6HUHSURGXFLU£HODUFKLYRGHYLGHR
VHOHFFLRQDGR

6LORVDUFKLYRVGHYLGHRGHODWDUMHWDGHPHPRULDQRVHDJUHJDQDXWRP£WLFDPHQWHHQODOLVWDGH
UHSURGXFFLµQFXDQGRDEUDHOYLVRUSDUD3&KDJDFOLFHQ$UFKLYRɡ!$EULUVHOHFFLRQHHOGLVSRVLWLYRGH
DOPDFHQDPLHQWRH[WUD¯EOHSDUDODWDUMHWDGHPHPRULD\KDJDFOLFHQ&RQILUPDU


8VRGHOYLVRUSDUD3&

 'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWUROGHOYLGHRSDUD:LQGRZV

6HSURYHHLQIRUPDFLµQEUHYHGHOPHQ¼GHFRQWUROGHOYLGHRGHOYLVRUSDUD3&

ₜ ₝ ₞ ₟

ₖ ₗ ₘ ₙ ₚ ₛ

1¼PHUR (OHPHQWR 'HVFULSFLµQ

5HSURGXFLUDUFKLYR
ₖ DQWHULRU
5HSURGXFHHODUFKLYRDQWHULRUHQODFDUSHWDDFWXDOPHQWHVHOHFFLRQDGD

ₗ 5HWURFHGHUHQVHJXQGRV 5HWURFHGHHOYLGHRVHJXQGRV

ₘ 5HSURGXFLU3DXVD 5HSURGXFHRSRQHHQSDXVDHODUFKLYRGHYLGHRVHOHFFLRQDGR

'HWLHQHODUHSURGXFFLµQGHOYLGHRDFWXDO/DEDUUDGHSURJUHVRVHPXHYH
ₙ 3DUDU
DOLQLFLRGHOYLGHR

ₚ $GHODQWDUVHJXQGRV $GHODQWDHOYLGHRVHJXQGRV

5HSURGXFLUHOVLJXLHQWH
ₛ DUFKLYR
5HSURGXFHHOVLJXLHQWHDUFKLYRHQODFDUSHWDDFWXDOPHQWHVHOHFFLRQDGD

+DELOLWDU'HVKDELOLWDUOD
UHSURGXFFLµQGHOVLJXLHQWH +DELOLWDRGHVKDELOLWDODIXQFLµQSDUDUHSURGXFLUHOVLJXLHQWHDUFKLYRGHOD
ₜ DUFKLYRGHODOLVWDGH OLVWDGHUHSURGXFFLµQ
UHSURGXFFLµQ

₝ $JUDQGDU5HGXFLULPDJHQ $JUDQGDRUHGXFHHOWDPD³RGHOYLGHRDFWXDO

₞ *XDUGDU *XDUGDHOYLGHRDFWXDOHQVX3&

₟
9ROXPHQ $MXVWDHOYROXPHQGHOYLGHRDFWXDO


 8VRGHOYLVRUSDUD3&

 9LVRUGH3&SDUD0DF

 ,QVWDODFLµQGHOYLVRUGH3&SDUD0DF

3XHGHGHVFDUJDUOD¼OWLPDYHUVLµQGHOVRIWZDUHGHOYLVRUSDUD3&GHOVLWLRZHE$OSLQH(OHFWURQLFVKWWSV
VXSSRUWDOSLQHHXURSHFRP

(ODUFKLYRGHLQVWDODFLµQGHOYLVRUSDUD3&VHDOPDFHQDHQODFDUSHWDGHUD¯]GHODWDUMHWDGHPHPRULDTXH
VHSURYHH
FRQHOSURGXFWR6LJDODVLQVWUXFFLRQHVSDUDLQVWDODUHOYLVRUSDUD3&HQVX3&

 ,QVHUWHODWDUMHWDGHPHPRULDHQVX3&XVDQGRXQOHFWRUGHWDUMHWDV6'RHODGDSWDGRUSDUDWDUMHWD6'
SURYLVWR

 0XHYDHODUFKLYRGHQRPLQDGRGDVKFDPBYLHZHUB;;;GPJDOHVFULWRULR

 +DJDGREOHFOLFHQGDVKFDPBYLHZHUB;;;GPJ\KDJDFOLFHQODDSOLFDFLµQ$EULUYLVRU'DVKFDP
9LHZHU

6HDEUHHOYLVRUSDUD3&$/3,1('$6+&$0


8VRGHOYLVRUSDUD3&

 'LVH³RGHODSDQWDOODGHOYLVRUSDUD3&SDUD0DF

6HSURYHHLQIRUPDFLµQEUHYHGHOGLVH³RGHODSDQWDOODGHOYLVRUSDUD3&

*XDUGDODHVFHQDDFWXDO

9LVXDOLFHRFRQILJXUHORV
DMXVWHVGHODGDVKFDP
'HILQDODXQLGDGGHYHORFLGDG
&DPELHHQWUHORV
'HILQDHOLGLRPDSDUDHO YLGHRVGHODQWHUR\ ,PSULPHODHVFHQD
YLVRUSDUD3& WUDVHUR DFWXDO

9LVLWHHOVLWLRZHE$OSLQH
(OHFWURQLFV
0XHVWUDHOYLGHR
WUDVHURDFWXDO
0XHVWUDHOYLGHRGHODQWHURDFWXDO
+DJDFOLFFRQHOERWµQGHUHFKRHQ
HVWHSDQHOSDUDPRVWUDUHOYLGHR
DFWXDOHQSDQWDOODFRPSOHWD

5HSURGX]FDRFRQWUROHXQ
YLGHR

0XHVWUDHOSURJUHVRGHOD
UHSURGXFFLµQGHOYLGHR
0XHVWUDHOWLHPSRGH
IXQFLRQDPLHQWRDFWXDO\
WRWDOGHOYLGHRDFWXDO

,QGLFDHOYDORUGHOVHQVRU 0XHVWUDODLQIRUPDFLµQGH $EUDXQ

*HQHOPRPHQWRGHOD *36HQHOPRPHQWRGHOD DUFKLYRR
JUDEDFLµQ JUDEDFLµQ JXDUGHXQ
YLGHRFRQ
,QGLFDODYHORFLGDGGH
XQQRPEUH
FRQGXFFLµQGHOYHK¯FXORHQ
GLIHUHQWH
HOPRPHQWRGHODJUDEDFLµQ
0XHVWUDODOLVWDGH
UHSURGXFFLµQ


 8VRGHOYLVRUSDUD3&

 5HSURGXFLUYLGHRVJUDEDGRVHQHOYLVRUSDUD3&SDUD0DF

6LJDODVLQVWUXFFLRQHVSDUDUHSURGXFLUORVYLGHRVJUDEDGRV

 $SDJXHHOSURGXFWR\UHWLUHODWDUMHWDGHPHPRULD

 ,QVHUWHODWDUMHWDGHPHPRULDHQVX0DFXVDQGRXQOHFWRUGHWDUMHWDV6'RHODGDSWDGRUSDUDWDUMHWD
6'SURYLVWR

 $EUDHOYLVRUSDUD3&

 +DJDFOLFHQ \XELTXHODWDUMHWDGHPHPRULD

/RVDUFKLYRVGHYLGHRGHODWDUMHWDGHPHPRULDVHDJUHJDU£QDXWRP£WLFDPHQWHHQODOLVWDGH
UHSURGXFFLµQHQODHVTXLQDLQIHULRUGHUHFKDGHODSDQWDOODGHOYLVRUSDUD3&(OGLVH³RGHODVHFFLµQ
GHODOLVWDGHUHSURGXFFLµQHVHOVLJXLHQWH
6HOHFFLRQHXQDFDUSHWD

0XHVWUDXQDOLVWDGH
YLGHRVHQODFDUSHWD
VHOHFFLRQDGD

 +DJDGREOHFOLFHQXQDUFKLYRGHYLGHRWUDVVHOHFFLRQDUXQDFDUSHWDGHYLGHRRELHQKDJDFOLFHQ
HOERWµQ5HSURGXFLUɟWUDVVHOHFFLRQDUXQDUFKLYRGHYLGHR6HUHSURGXFLU£HODUFKLYRGHYLGHR
VHOHFFLRQDGR


8VRGHOYLVRUSDUD3&

 'HVFULSFLµQJHQHUDOGHOPHQ¼GHFRQWUROGHOYLGHRSDUD0DF

6HSURYHHLQIRUPDFLµQEUHYHGHOPHQ¼GHFRQWUROGHOYLGHRGHOYLVRUSDUD3&

ₖ ₗ ₘ ₙ ₚ ₛ ₜ ₝ ₞ ₟ ₠ ₡

1¼PHUR (OHPHQWR 'HVFULSFLµQ

ₖ 5HSURGXFLU3DXVD 5HSURGXFHRSRQHHQSDXVDHODUFKLYRGHYLGHRVHOHFFLRQDGR

'HWLHQHODUHSURGXFFLµQGHOYLGHRDFWXDO/DEDUUDGHSURJUHVRVHPXHYHDO
ₗ 3DUDU
LQLFLRGHOYLGHR
5HSURGXFLUDUFKLYR
ₘ DQWHULRU
5HSURGXFHHODUFKLYRDQWHULRUHQODFDUSHWDDFWXDOPHQWHVHOHFFLRQDGD

ₙ 5HWURFHGHUFXDGUR 5HWURFHGHHOYLGHRFXDGUR

ₚ $GHODQWDUFXDGUR $GHODQWDHOYLGHRFXDGUR

5HSURGXFLUHOVLJXLHQWH
ₛ DUFKLYR
5HSURGXFHHOVLJXLHQWHDUFKLYRHQODFDUSHWDDFWXDOPHQWHVHOHFFLRQDGD

ₜ $FHUFDU $FHUFDODYLVWDHQHOYLGHRDFWXDO

₝ $OHMDU $OHMDODYLVWDGHOYLGHRDFWXDO

5HVWDEOHFHUHOWDPD³R
₞ 5HVWDEOHFHHOWDPD³RGHOYLGHRDFWXDODOWDPD³RRULJLQDO
GHODLPDJHQ
0RVWUDUEDUUDGH
₟
GHVSOD]DPLHQWR
0XHVWUDODEDUUDGHGHVSOD]DPLHQWRFXDQGRVHDJUDQGDODLPDJHQ

₠ ,QYHUWLULPDJHQ ,QYLHUWHODLPDJHQGHOYLGHR

₡ 9ROXPHQ $MXVWDHOYROXPHQGHOYLGHRDFWXDO


 $MXVWHV
3XHGHFRQILJXUDUODVIXQFLRQHVGHOSURGXFWRVHJ¼QVXVQHFHVLGDGHV\SUHIHUHQFLDVXVDQGRHOYLVRUPµYLOR
HOYLVRUSDUD3&/RVVLJXLHQWHVSURFHGLPLHQWRVVHEDVDQHQHOYLVRUPµYLO

(OSURGXFWRGHWLHQHODJUDEDFLµQPLHQWUDVFRQILJXUDORVDMXVWHVHQHOYLVRUPµYLO

 $GPLQLVWUDUODWDUMHWDGHPHPRULD

 3DUWLFLµQGHODWDUMHWDGHPHPRULD
3XHGHSDUWLFLRQDUODWDUMHWDGHPHPRULDSDUDDMXVWDUHOHVSDFLRGHDOPDFHQDPLHQWRSDUDORVGLVWLQWRVWLSRV
GHJUDEDFLµQGHYLGHR&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDSDUWLFLRQDUODWDUMHWDGHPHPRULD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODWDUMHWDGHPHPRULD

 (Q3DUWLFLµQGHPHPRULDVHOHFFLRQHHOWLSRGHSDUWLFLµQGHVHDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH

 )RUPDWHDUODWDUMHWDGHPHPRULD
(VWHPHQ¼OHSHUPLWHIRUPDWHDUODWDUMHWDGHPHPRULDTXHHVW£FRORFDGDHQHOSURGXFWR&RQVXOWHODV
VLJXLHQWHVLQVWUXFFLRQHVSDUDIRUPDWHDUODWDUMHWDGHPHPRULD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODWDUMHWDGHPHPRULD\SXOVHHO
ERWµQ)RUPDWHDUTXHVHHQFXHQWUDHQ)RUPDWHDQGRWDUMHWDGHPHPRULD

 (Q)RUPDWHDQGRWDUMHWDGHPHPRULDSXOVH$FHSWDUSDUDSURFHGHUDIRUPDWHDUODPHPRULD8QDYH]
IRUPDWHDGDVHERUUDU£QWRGRVORVGDWRVDOPDFHQDGRVHQODWDUMHWDGHPHPRULD3XOVH&DQFHODUSDUD
FDQFHODUHOIRUPDWHRGHODPHPRULD

 &RQILJXUDUODIXQFLµQGHVREUHVFULELUYLGHR
(VWHPHQ¼SHUPLWHDORVDUFKLYRVGHYLGHRQXHYRVVREUHVFULELUORVDUFKLYRVGHYLGHRP£VYLHMRVHQHO
DOPDFHQDPLHQWRUHVHUYDGRDFDGDPRGR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODWDUMHWDGHPHPRULD

 (Q6REUHVFULELUY¯GHRVVHOHFFLRQHORVPRGRVSDUDSHUPLWLUVREUHVFULELUYLGHR6HDSOLFD
DXWRP£WLFDPHQWHHOQXHYRDMXVWH


$MXVWHV

 $MXVWDUODF£PDUD
3XHGHDMXVWDUHOEULOORGHODYLVWDGHODQWHUD\WUDVHUDRLQYHUWLUODYLVWDL]TXLHUGD\GHUHFKDGHODYLVWD
WUDVHUD

 $MXVWHGHOEULOORGHODF£PDUDGHODQWHUD
3XHGHDMXVWDUHOEULOORGHODJUDEDFLµQGHODYLVWDGHODQWHUD&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUD
DMXVWDUHOEULOOR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODF£PDUD

 (Q%ULOOR'HODQWHUDVHOHFFLRQH2VFXUD0HGLDR/XPLQRVD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH

 $MXVWHGHOEULOORGHODF£PDUDWUDVHUD
3XHGHDMXVWDUHOEULOORGHODJUDEDFLµQGHODYLVWDWUDVHUD&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDDMXVWDU
HOEULOOR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODF£PDUD

 (Q%ULOOR7UDVHUDVHOHFFLRQH2VFXUD0HGLDR/XPLQRVD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 ,QYHUWLUODYLVWDWUDVHUDGDUODYXHOWD
3XHGHLQYHUWLUODGDQGRYXHOWDODLPDJHQGHODYLVWDWUDVHUD6LJDODVLQVWUXFFLRQHVSDUDDFWLYDUODIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODF£PDUD

 (Q*LUDUF£PDUDWUDVHUDVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH


 $MXVWHV

 &RQILJXUDUODVIXQFLRQHVGHJUDEDFLµQ
3XHGHFRQILJXUDU\DMXVWDUODVGLVWLQWDVIXQFLRQHVSDUDJUDEDFLµQLQFOXLGDODVHQVLELOLGDGGHODGHWHFFLµQ
SDUDJUDEDFLµQFXDQGRHOSURGXFWRGHWHFWHXQLPSDFWRGXUDQWHODJUDEDFLµQFRQWLQXD

 $MXVWDUODVHQVLELOLGDGGHGHWHFFLµQFRQWLQXDGHLPSDFWRV
3XHGHDMXVWDUODVHQVLELOLGDGGHGHWHFFLµQSDUDJUDEDUFXDQGRVHGHWHFWDXQLPSDFWRPLHQWUDVFRQGXFH
&XDQGRDMXVWHODVHQVLELOLGDGGHEHU£WHQHUHQFXHQWDHOHVWDGRGHODFDUUHWHUDODVLWXDFLµQGHOWU£QVLWR\
VXHVWLORGHFRQGXFFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q6HQVLELOLGDGGHODJUDEDFLµQGHLQFLGHQWHVHQPRGRFRQWLQXRVHOHFFLRQHODVHQVLELOLGDGGHVHDGD
6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODIXQFLµQGH6XSHUYLVLµQQRFWXUQD
3XHGHJUDEDUYLGHRVOXPLQRVRVGHDOWDUHVROXFLµQPLHQWUDVHVW£DSDUFDGRGHQRFKHVLDFWLYDODIXQFLµQ
6XSHUYLVLµQQRFWXUQD6LJDODVLQVWUXFFLRQHVSDUDVHOHFFLRQDUXQPRGRGHJUDEDFLµQSDUDXVDUODIXQFLµQ
6XSHUYLVLµQQRFWXUQD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q6XSHUYLVLµQQRFWXUQDVHOHFFLRQHHOPRGRGHJUDEDFLµQSDUDXVDUODIXQFLµQ6XSHUYLVLµQQRFWXUQD
6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUHOPRGRGHDSDUFDPLHQWR
3XHGHFRQILJXUDUHOPRGRRSHUDWLYRGHOSURGXFWRPLHQWUDVHOYHK¯FXORHVW£DSDUFDGR6LJDODV
LQVWUXFFLRQHVSDUDFRQILJXUDUHOPRGRGHDSDUFDPLHQWR

3DUDXVDUHOPRGRGHDSDUFDPLHQWRGHEHLQVWDODUHOFDEOHGHSURJUDPDFLµQRSFLRQDO6LHOSURGXFWRQR

UHFLEHDOLPHQWDFLµQFRQWLQXDGHMDU£GHJUDEDUFXDQGRVHDSDJXHHOPRWRUGHOYHK¯FXOR

3DUDREWHQHUP£VLQIRUPDFLµQVREUHHOPRGRGHDSDUFDPLHQWRFRQVXOWHŔ8VDUHOPRGRGHDSDUFDPLHQWRŕ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 6HOHFFLRQHODRSFLµQTXHGHVHDHQHO0RGRGHDSDUFDPLHQWR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH


$MXVWHV

 &RQILJXUDUODVHQVLELOLGDGGHLPSDFWRHQHOPRGRGHDSDUFDPLHQWR
3XHGHDMXVWDUODVHQVLELOLGDGGHGHWHFFLµQSDUDJUDEDUFXDQGRVHGHWHFWDXQLPSDFWRPLHQWUDVDSDUFD
&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDFRQILJXUDUODVHQVLELOLGDGGHLPSDFWR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 6HOHFFLRQHODVHQVLELOLGDGTXHGHVHDHQ6HQVLELOLGDGDLPSDFWRVHQHOPRGRGHDSDUFDPLHQWR6H
DSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 $MXVWDUODVHQVLELOLGDGGHGHWHFFLµQGHPRYLPLHQWR
/DIXQFLµQGHGHWHFFLµQGHPRYLPLHQWRJUDEDXQYLGHRFXDQGRVHGHWHFWDXQREMHWRHQPRYLPLHQWRFHUFD
GHOYHK¯FXOR&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDFRQILJXUDUODVHQVLELOLGDGGHODGHWHFFLµQGH
PRYLPLHQWR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q6HQVLELOLGDGGHODGHWHFFLµQGHPRYLPLHQWRVHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFD
DXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODIXQFLµQGHOWHPSRUL]DGRUGHUHJLVWUR
&XDQGRDFWLYDODIXQFLµQGHOWHPSRUL]DGRUGHUHJLVWURHOSURGXFWRJUDEDXQYLGHRHQHOPRGRGH
DSDUFDPLHQWRHQXQPRPHQWRSUHYLDPHQWHGHILQLGR&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDGHILQLUHO
PRPHQWR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q7HPSRUL]DGRUGHJUDEDFLµQVHOHFFLRQHHOPRPHQWRGHVHDGR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH

/DEDWHU¯DGHOYHK¯FXORQRVHFDUJDPLHQWUDVHOYHK¯FXORHVW£DSDUFDGR6LJUDEDHQHOPRGRGH
DSDUFDPLHQWRGXUDQWHXQSHU¯RGRSURORQJDGRGHWLHPSRHVSRVLEOHTXHVHDJRWHODEDWHU¯D\TXHQRSXHGD
SRQHUHQPDUFKDHOYHK¯FXOR


 $MXVWHV

 &RQILJXUDUODIXQFLµQGHSURWHFFLµQGHODEDWHU¯D
3XHGHFRQILJXUDUSDUDXVDUODIXQFLµQGHSURWHFFLµQGHODEDWHU¯D6LJDODVLQVWUXFFLRQHVSDUDDFWLYDUOD
IXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q$SDJDGRSRUEDMDWHQVLµQVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH

 &RQILJXUDUODIXQFLµQGHWHQVLµQSDUDGHVFRQH[LµQGHODEDWHU¯D
3XHGHILMDUHOO¯PLWHGHDTXHWHQVLµQGHWHQHUODJUDEDFLµQDOXVDUODIXQFLµQ7HQVLµQGHDSDJDGRSRUEDMD
WHQVLµQ&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDFRQILJXUDUODWHQVLµQ

ř/DWHQVLµQGHGHVFRQH[LµQGHODEDWHU¯DVRORSXHGHFRQILJXUDUVHFXDQGRHODMXVWHGH$SDJDGRSRUEDMD
WHQVLµQVHFRQILJXUDHQ+DELOLWDGD
ř6LHOYDORUGH7HQVLµQGHDSDJDGRHVGHPDVLDGREDMRHOSURGXFWRSXHGHDJRWDUODEDWHU¯DSRUFRPSOHWR
VHJ¼QODVFRQGLFLRQHVWDOHVFRPRWLSRGHYHK¯FXORRWHPSHUDWXUD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 6HOHFFLRQHODWHQVLµQGHVHDGDHQWUH9\9

(QHOFDVRGHORVYHK¯FXORVTXHXWLOL]DQXQDEDWHU¯DGH9ODPD\RU¯DGHORVYHK¯FXORVGHSDVDMHURV
FRQILJXUHHOSDU£PHWURGH9(QHOFDVRGHORVYHK¯FXORVTXHXWLOL]DQXQDEDWHU¯DGH9FDPLRQHV
\YHK¯FXORVFRPHUFLDOHVFRQILJXUHHOSDU£PHWURGH96HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODIXQFLµQGHSURWHFFLµQGHODEDWHU¯DSDUDHOLQYLHUQR
3XHGHFRQILJXUDUORVPHVHVGXUDQWHODHVWDFLµQIU¯DSDUDDSOLFDUHOQLYHOGHWHQVLµQGHDSDJDGREDMRSDUD
ODSURWHFFLµQGHOYHK¯FXOR&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDFRQILJXUDUORVPHVHV

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHJUDEDFLµQ

 (Q7HQVLµQGHFRUWHGXUDQWHHOLQYLHUQRVHOHFFLRQHORVPHVHVHQORVTXHDSOLFDU£ODIXQFLµQGH
SURWHFFLµQGHODEDWHU¯D6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH


$MXVWHV

 &RQILJXUDUODVIXQFLRQHVGHVHJXULGDGHQFDUUHWHUD
3XHGHDFWLYDURGHVDFWLYDUXQVLVWHPDGH&£PDUDVGHVHJXULGDGXQVLVWHPDGH$GYHUWHQFLDGHFDPELRGH
FDUULO/':6XQVLVWHPDGH$GYHUWHQFLDFKRTXHDGHODQWH)&:6GHEDMDYHORFLGDG\)9':0RYLPLHQWR
YHK¯FXORGHODQWHUR\FRQILJXUDUVXVRSFLRQHV

 &RQILJXUDUODVF£PDUDVGHVHJXULGDG
&XDQGRHOYHK¯FXORVHDSUR[LPDRDWUDYLHVDOD]RQDGHO¯PLWHGHYHORFLGDGHOVLVWHPDGHF£PDUDVGH
VHJXULGDGUH¼QHODVVH³DOHVGH*36\ORVGDWRVGHODF£PDUDGHVHJXULGDG&RQVXOWHODVVLJXLHQWHV
LQVWUXFFLRQHVSDUDKDELOLWDURGHVKDELOLWDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q&£PDUDVGHVHJXULGDGVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH

 &RQILJXUDUHODOHUWDGH]RQDPµYLO
6LJDODVLQVWUXFFLRQHVSDUDDFWLYDURGHVDFWLYDUHODOHUWDGH]RQDPµYLO

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q$YLVRGHUDGDUVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 ,QGHQWLILFDUHOWLSRGHYHK¯FXOR
&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDLQLFLDUODFRQILJXUDFLµQGHODFDOLEUDFLµQGH$'$6

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q7LSRGHYHK¯FXORVHOHFFLRQHVXWLSRGHYHK¯FXOR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 ,QLFLDUODFRQILJXUDFLµQGHODFDOLEUDFLµQGH$'$6
&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDLGHQWLILFDUVXWLSRGHYHK¯FXORSDUDHOXVRGHODIXQFLµQ$'$6

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD\SXOVH
HOERWµQ,QLFLDOL]DUTXHVHHQFXHQWUDGHEDMRGH,QLFLDOL]DU$'$6

 (Q,QLFLDOL]DU$'$6SXOVH$FHSWDUSDUDFRQWLQXDULQLFLDOL]DQGR3XOVH&DQFHODUSDUDFDQFHODUOD
LQLFLDOL]DFLµQ

 $MXVWHV

 &RQILJXUDUODVHQVLELOLGDGGHOVLVWHPDGH$GYHUWHQFLDGHFDPELRGHFDUULO
&XDQGRHOYHK¯FXORVHDSDUWDGHVXFDUULOHO/':6GHWHFWDHOGHVY¯RGHOFDUULODWUDY«VGHODLPDJHQ
GHYLGHRHQWLHPSRUHDO\DGYLHUWHDOFRQGXFWRU&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDGHILQLUOD
VHQVLELOLGDGGHGHWHFFLµQRSDUDDFWLYDURGHVDFWLYDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q/':6$GYHUWHQFLDGHFDPELRGHFDUULOVHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFD

DXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODYHORFLGDGGHGHWHFFLµQGHOFDPELRGHFDUULO
3XHGHFDPELDUODYHORFLGDGGHGHWHFFLµQGHFDPELRGHFDUULO&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUD
FRQILJXUDUODYHORFLGDGGHODGHWHFFLµQGHFDPELRGHFDUULO

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q9HORFLGDGGH/':6VHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH

 $MXVWDUODVHQVLELOLGDGGHGHWHFFLµQGHFKRTXHDGHODQWH
&XDQGRHOYHK¯FXORVHGHVSOD]DDNPKRP£VHO)&:6GHWHFWDHOSHOLJURGHFKRTXHDGHODQWHPHGLDQWH
LP£JHQHVGHYLGHRHQWLHPSRUHDO\DGYLHUWHDOFRQGXFWRU&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUD
GHILQLUODVHQVLELOLGDGGHGHWHFFLµQRSDUDDFWLYDURGHVDFWLYDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q)&:66LVWHPDGHIUHQDGRGHHPHUJHQFLDVHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFD

DXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODVHQVLELOLGDGGHGHWHFFLµQGHFKRTXHDGHODQWHHQEDMDYHORFLGDG
&XDQGRHOYHK¯FXORVHGHVSOD]DDNPKRPHQRVHO)&:6GHEDMDYHORFLGDGGHWHFWDHOSHOLJURGHFKRTXH
DGHODQWHPHGLDQWHLP£JHQHVGHYLGHRHQWLHPSRUHDO\DGYLHUWHDOFRQGXFWRU&RQVXOWHODVVLJXLHQWHV
LQVWUXFFLRQHVSDUDGHILQLUODVHQVLELOLGDGGHGHWHFFLµQRSDUDDFWLYDURGHVDFWLYDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q)&:6DEDMDYHORFLGDGVHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH

$MXVWHV

 &RQILJXUDUODDGYHUWHQFLDGHPRYLPLHQWRGHYHK¯FXORGHODQWHUR
&XDQGRHOYHK¯FXORVHGHWLHQHHQHOWU£QVLWRHVWDIXQFLµQGHWHFWDU£HOPRYLPLHQWRGHOYHK¯FXORGHODQWHUR\
QRWLILFDU£DOFRQGXFWRU&RQVXOWHODVVLJXLHQWHVLQVWUXFFLRQHVSDUDKDELOLWDURGHVKDELOLWDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHVHJXULGDGHQFDUUHWHUD

 (Q)9':$GYHUWHQFLDGHPRYLPLHQWRGHOYHK¯FXORGHODQWHURVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD

6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUORVDMXVWHVGHOVLVWHPD
(VWHPHQ¼OHSHUPLWHFRQILJXUDUORVDMXVWHVGHOHTXLSRTXHVHDSOLFDQHQIRUPDJOREDODOVLVWHPDGXUDQWHOD
RSHUDFLµQFRPRHOLGLRPDGHODSDQWDOOD\HOEULOORGHODSDQWDOOD

 &RQILJXUDUHOLGLRPDGHODSDQWDOOD
6HOHFFLRQHXQLGLRPDSDUDPRVWUDUHQODSDQWDOOD6LJDODVLQVWUXFFLRQHVSDUDVHOHFFLRQDUXQLGLRPD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q,GLRPDVHOHFFLRQHHOLGLRPDGHVHDGR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 $MXVWDUHOYROXPHQGHOVLVWHPD
(VWHPHQ¼OHSHUPLWHDMXVWDUHOYROXPHQGHODJX¯DGHYR]6LJDODVLQVWUXFFLRQHVSDUDDMXVWDUHOYROXPHQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q9ROXPHQVHOHFFLRQHR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

6LVHOHFFLRQDVHGHVDFWLYDODJX¯DGHYR]

 &RQILJXUDUHO/('GHVHJXULGDG
6LJDODVLQVWUXFFLRQHVSDUDHQFHQGHURDSDJDUHO/('GHVHJXULGDG

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q/('GHVHJXULGDGVHOHFFLRQHHOPRGRGHVHDGR6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH


 $MXVWHV

 &RQILJXUDUHO/('GHODF£PDUDWUDVHUD
6LJDODVLQVWUXFFLRQHVSDUDHQFHQGHURDSDJDUHO/('GHODF£PDUDWUDVHUD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q/('GHF£PDUDWUDVHUDVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH

 &RQILJXUDUOD]RQDKRUDULD
6LJDODVLQVWUXFFLRQHVSDUDFRQILJXUDUOD]RQDKRUDULD

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q=RQDKRUDULDVHOHFFLRQHOD]RQDKRUDULDGHVHDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUHOKRUDULRGHYHUDQR
6LJDODVLQVWUXFFLRQHVSDUDFRQILJXUDUHOKRUDULRGHYHUDQR

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q+RUDULRGHYHUDQRVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDUODXQLGDGGHYHORFLGDG
6LJDODVLQVWUXFFLRQHVSDUDFRQILJXUDUODXQLGDGGHYHORFLGDG

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q8QLGDGGHYHORFLGDGVHOHFFLRQHNPKRPSK

 &RQILJXUDUOD0DUFDGHYHORFLGDG
6LJDODVLQVWUXFFLRQHVSDUDHQFHQGHURDSDJDUODIXQFLµQGHODPDUFDGHYHORFLGDG

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHOVLVWHPD

 (Q0DUFDGHYHORFLGDGVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYR
DMXVWH


$MXVWHV

 &RQILJXUDUORVDMXVWHVGHODIXQFLµQGHUHG
3XHGHDFWLYDURGHVDFWLYDUODIXQFLµQGHUHG\ODQRWLILFDFLµQGHLPSDFWRHQODFRQGXFFLµQ

 &RQILJXUDUODIXQFLµQGHUHG
6LJDODVLQVWUXFFLRQHVSDUDDFWLYDURGHVDFWLYDUODIXQFLµQGHUHG

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODVIXQFLµQGHUHG

 (Q)XQFLµQGHUHGVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHOQXHYRDMXVWH

 &RQILJXUDFLµQGHODVHQVLELOLGDGSDUDODQRWLILFDFLµQGHLPSDFWRHQOD
FRQGXFFLµQ
3XHGHDMXVWDUODVHQVLELOLGDGGHGHWHFFLµQSDUDQRWLILFDUOHVLVHGHWHFWDXQLPSDFWRPLHQWUDVFRQGXFH6LJD
ODVLQVWUXFFLRQHVSDUDVHOHFFLRQDUXQDVHQVLELOLGDGSDUDODQRWLILFDFLµQGHLPSDFWRHQODFRQGXFFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODVIXQFLµQGHUHG

 (Q1RWLILFLPSDFWRFRQGXFFLµQVHOHFFLRQHODVHQVLELOLGDGGHVHDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH

*XQDDFHOHUDFLµQGH*HVLJXDODXQDYHORFLGDGGHFDPELRHQODYHORFLGDGGHDSUR[LPDGDPHQWH
NLOµPHWURVSRUKRUDPSKSRUFDGDVHJXQGRTXHWUDQVFXUUH
ř,PSDFWR *
ř,PSDFWR *

 &RQILJXUDUODFDUJDGHOYLGHRGHLPSDFWRHQODFRQGXFFLµQ
3XHGHHOHJLUFDUJDUYLGHRVGHLPSDFWRHQODFRQGXFFLµQDOVHUYLGRUGHODQXEHVLVHGHWHFWDXQLPSDFWRHQ
ODFRQGXFFLµQ6LJDODVVLJXLHQWHVLQVWUXFFLRQHVSDUDDFWLYDURGHVDFWLYDUHVWDIXQFLµQ

 'HVGHHOYLVRUPµYLOSXOVH$MXVWHVGHODGDVKFDP!&RQILJXUDFLµQGHODVIXQFLµQGHUHG

 (Q&DUJDUY¯GHRLPSDFWRFRQGVHOHFFLRQH+DELOLWDGDR'HVKDELOLWDGD6HDSOLFDDXWRP£WLFDPHQWHHO
QXHYRDMXVWH


 $FFHGHUDODLQIRUPDFLµQGHOSURGXFWR
/RVXVXDULRVQXHYRVSXHGHQEHQHILFLDUVHGHODLQIRUPDFLµQE£VLFDGHOSURGXFWRDODTXHVHSXHGHDFFHGHU
GHVGHODSDQWDOODGHOPHQ¼

 9LVXDOL]DUODLQIRUPDFLµQGHOSURGXFWR
'HVGHHOYLVRUPµYLOSXOVH,QIRUPDFLµQGHODGDVKFDPSDUDYLVXDOL]DUODLQIRUPDFLµQGHOSURGXFWR/D
VLJXLHQWHLQIRUPDFLµQGHOSURGXFWRVHPRVWUDU£HQODSDQWDOOD

ř 1RPEUHGHOPRGHOR ř 9HUGHILUPZDUH ř 9HUGHODF£PDUDGHVHJXULGDG

ř 7DPD³RGHODPHPRULD ř ,'ORFDO ř ,QIRUPDFLµQGHO*36

 $FFHGHUDO*36\FRQILJXUDUOR
6HXVDXQPµGXOR*36SDUDLQFOXLUODLQIRUPDFLµQGHXELFDFLµQHQORVYLGHRVJUDEDGRV'HVGHHOYLVRU
PµYLOSXOVH,QIRUPDFLµQGHODGDVKFDP!,QIRUPDFLµQGHO*36SDUDYLVXDOL]DUODVIXQFLRQHVGHO*36(Q
ODSDQWDOODVHPXHVWUDHOHVWDGRGHODFRQH[LµQODSRWHQFLDGHODVH³DOODKRUD87&ODYHORFLGDGGHO
YHK¯FXOR\OD'LOXFLµQGHSUHFLVLµQJHRP«WULFD+'23

3XOVH SDUDLQLFLDOL]DUHO*36\SHUPLWLUTXHHQFXHQWUHODXELFDFLµQDFWXDO

'LOXFLµQGHSUHFLVLµQJHRP«WULFD+'23
+'23HVXQYDORUTXHKDFHUHIHUHQFLDDODGHVYLDFLµQGHO*36DFDXVDGHOSRVLFLRQDPLHQWRVDWHOLWDO


 $FWXDOL]DFLµQGHOILUPZDUH
6HSURYHHXQDDFWXDOL]DFLµQGHILUPZDUHSDUDPHMRUDUODVIXQFLRQHVGHOSURGXFWRHOIXQFLRQDPLHQWRR
SDUDLQFUHPHQWDUODHVWDELOLGDG3DUDHOIXQFLRQDPLHQWRµSWLPRGHOSURGXFWRDVHJ¼UHVHGHPDQWHQHUHO
ILUPZDUHDFWXDOL]DGR

6LJDODVLQVWUXFFLRQHVSDUDDFWXDOL]DUHOILUPZDUH

 (QVX3&DEUDXQH[SORUDGRUGH,QWHUQHW\YD\DDKWWSVVXSSRUWDOSLQHHXURSHFRP

 6HOHFFLRQHHOSURGXFWR\GHVFDUJXHHODUFKLYRFRQOD¼OWLPDDFWXDOL]DFLµQGHOILUPZDUH

 'HVFRPSULPDHODUFKLYRGHVFDUJDGR

 'HVFRQHFWHODDOLPHQWDFLµQGHOSURGXFWR\UHWLUHODWDUMHWDGHPHPRULD

 $EUDODWDUMHWDGHPHPRULDHQXQD3&\FRSLHHODUFKLYRGHDFWXDOL]DFLµQGHOILUPZDUHHQODFDUSHWD
GHUD¯]GHODWDUMHWDGHPHPRULD

 0LHQWUDVHOSURGXFWRQRUHFLEHDOLPHQWDFLµQLQVHUWHODWDUMHWDGHPHPRULDHQODUDQXUDSDUDODWDUMHWD
GHPHPRULDHQHOSURGXFWR

 &RQHFWHHOFDEOHGHDOLPHQWDFLµQFRQHOSURGXFWR\DFRQWLQXDFLµQHQFL«QGDOR$&&21RSRQJDHQ

PDUFKDHOPRWRUSDUDHQFHQGHUHOSURGXFWR/DDFWXDOL]DFLµQGHOILUPZDUHVHLQLFLDDXWRP£WLFDPHQWH
\HOVLVWHPDVHUHLQLFLDXQDYH]TXHILQDOL]DODDFWXDOL]DFLµQGHOILUPZDUH

1RGHVFRQHFWHODDOLPHQWDFLµQQLUHWLUHODWDUMHWDGHPHPRULDGHOSURGXFWRGXUDQWHODDFWXDOL]DFLµQ
(VWRSXHGHRFDVLRQDUGD³RVJUDYHVDOSURGXFWRRDORVGDWRVDOPDFHQDGRVHQODWDUMHWDGHPHPRULD

7DPEL«QSXHGHDFWXDOL]DUHOILUPZDUHGHVGHHOYLVRUPµYLO\HOYLVRUSDUDOD3&

 5HVWDEOHFHUHOSURGXFWR
0DQWHQJDSUHVLRQDGRVORVERWRQHVGHJUDEDFLµQGHYR] \JUDEDFLµQPDQXDO HQIRUPD
VLPXOW£QHDKDVWDTXHHVFXFKHSLWLGRV


'LDJQµVWLFRGHSUREOHPDV
/DWDEODDFRQWLQXDFLµQHQXPHUDORVSUREOHPDVTXHORVXVXDULRVSXHGHQHQFRQWUDUDOXVDUHOSURGXFWR\
ODVPHGLGDVSDUDUHVROYHUORV6LHOSUREOHPDSHUVLVWHWUDVWRPDUODVPHGLGDVTXHVHLQFOX\HQHQODWDEOD
FRPXQ¯TXHVHFRQHOFHQWURGHVHUYLFLRDOFOLHQWH

3UREOHPDV 6ROXFLµQ
ř$VHJ¼UHVHGHTXHHOFDEOHGHDOLPHQWDFLµQHOFDUJDGRUGHODXWRPµYLORHO
1RHVSRVLEOHHQFHQGHUHO
SURGXFWR
/DJX¯DGHYR]RHOWLPEUHQR
HPLWHQVRQLGR
(OYLGHRHVW£ERUURVRRFDVLQR
SXHGHYHUVH
1RVHSXHGHUHFRQRFHUOD
WDUMHWDGHPHPRULD
(OYLGHRJUDEDGRQRSXHGH
UHSURGXFLUVHHQXQD3&
1RHVSRVLEOHUHFLELUODVH³DOGH
*36DXQTXHHVW«LQVWDODGRHO
UHFHSWRU*36H[WHUQR
FDEOHGHSURJUDPDFLµQHVW«FRQHFWDGRDOYHK¯FXOR\DOSURGXFWRHQIRUPD
DSURSLDGD
ř5HYLVHHOQLYHOGHODEDWHU¯DGHOYHK¯FXOR
&RPSUXHEHVLHOYROXPHQHVW£DOP¯QLPR3DUDREWHQHUP£VLQIRUPDFLµQVREUH
FµPRDMXVWDUHOYROXPHQFRQVXOWHŔ$MXVWDUHOYROXPHQGHOVLVWHPDŕ
ř$VHJ¼UHVHGHKDEHUTXLWDGRODSHO¯FXODSURWHFWRUDGHOOHQWHGHODF£PDUD(O
YLGHRSXHGHYHUVHERUURVRVLODSHO¯FXODSURWHFWRUDHVW£D¼QFRORFDGDHQHO
OHQWHGHODF£PDUD
ř5HYLVHHOOXJDUGHODLQVWDODFLµQGHODF£PDUDGHODQWHUDRWUDVHUDHQFLHQGDHO
SURGXFWR\DFRQWLQXDFLµQDMXVWHHO£QJXORGHYLVXDOL]DFLµQGHODF£PDUD
ř$VHJ¼UHVHGHTXHODWDUMHWDGHPHPRULDVHKD\DFRORFDGRHQODGLUHFFLµQ
FRUUHFWD$QWHVGHLQVHUWDUODWDUMHWDGHPHPRULDDVHJ¼UHVHGHTXHORV
FRQWDFWRVGHPHWDOGHODWDUMHWDGHPHPRULDHVW«QPLUDQGRKDFLDHOOHQWHGHO
SURGXFWR
ř$SDJXHHOSURGXFWRUHWLUHODWDUMHWDGHPHPRULD\DFRQWLQXDFLµQUHY¯VHOD
SDUDDVHJXUDUVHGHTXHORVFRQWDFWRVGHODUDQXUDSDUDODWDUMHWDQRHVW«Q
GD³DGRV
ř$VHJ¼UHVHGHTXHODWDUMHWDGHPHPRULDVHDXQSURGXFWRDXW«QWLFRGLVWULEXLGR
SRU$OSLQH(OHFWURQLFV$OSLQH(OHFWURQLFVQRJDUDQWL]DODFRPSDWLELOLGDGQLOD
RSHUDFLµQQRUPDOGHODVWDUMHWDVGHPHPRULDGHWHUFHURV
/RVYLGHRVJUDEDGRVVHDOPDFHQDQFRPRDUFKLYRVGHYLGHR03$VHJ¼UHVHGH
TXHHOUHSURGXFWRUGHYLGHRLQVWDODGRHQVX3&VHDFRPSDWLEOHSDUDUHSURGXFLU
DUFKLYRVGHYLGHR03
(VSRVLEOHTXHODVH³DO*36QRVHUHFLEDHQ£UHDVTXHHVW£QIXHUDGHOVHUYLFLR
RVLHOSURGXFWRHVW£XELFDGRHQWUHHGLILFLRVDOWRV$GHP£VHVSRVLEOHTXHOD
UHFHSFLµQGHODVH³DOGHO*36QRHVW«GLVSRQLEOHGXUDQWHWRUPHQWDVROOXYLD
WRUUHQFLDO,QW«QWHORQXHYDPHQWHHQXQG¯DGHVSHMDGRHQXQOXJDUTXHVHSDTXH
WLHQHEXHQDUHFHSFLµQGH*363XHGHGHPRUDUKDVWDPLQXWRVKDVWDHVWDEOHFHU
ODUHFHSFLµQGHO*36

 (VSHFLILFDFLRQHV
3DUDYHUODVHVSHFLILFDFLRQHVGHOSURGXFWRFRQVXOWHODVLJXLHQWHWDEOD

(OHPHQWR (VSHFLILFDFLµQ 2EVHUYDFLRQHV

1RPEUHGHOPRGHOR )352

[[PPJ
'LPHQVLRQHV3HVR
[[SXOJOLEUDV
0HPRULD WDUMHWDGHPHPRULDPLFUR6' *%*%*%*%8+6,
*UDEDYLGHRVHQVHJPHQWRVGHPLQXWRVH
*UDEFRQWLQXD DGPLWHQFDQDOHVGREOHVSDUDJUDEDUODYLVWD
GHODQWHUD\WUDVHUD
*UDEDVHJXQGRVDQWHV\GHVSX«VGHO
*UDEGHLQFLGHQWHV
LQFLGHQWHXQWRWDOGHVHJXQGRV
*UDEDGHVGHVHJXQGRVDQWHV\
0RGRGHJUDEDFLµQ
*UDEPDQXDO VHJXQGRVOXHJRGHLQLFLDUODJUDEDFLµQ
PDQXDOWRWDOGHPLQXWR
*UDEGHDSDUFDPLHQWRPRGRGH
2SFLRQDO
DSDUFDPLHQWR
3UHVLRQHHOERWµQGHJUDEDFLµQGHYR]SDUD
*UDEDFLµQGHDXGLR
DFWLYDURGHVDFWLYDUODJUDEDFLµQGHYR]
PHJDS¯[HOHV
6HQVRUGHODF£PDUD
6RQ\([PRU567$59,6
ƒQJXORGH
$SUR[LPDGDPHQWHrGLDJRQDO
YLVXDOL]DFLµQOHQWH
$OWDGHILQLFLµQFRPSOHWD[
9LGHR
+H[WHQVLµQGHODUFKLYR03
6HDSOLFDLJXDOPHQWHDODJUDEDFLµQ
9HORFLGDGGHOFXDGUR ISVP£[LPD
GHODQWHUD\WUDVHUD
$XGLR +($$&
QLYHOHVGHVHQVLELOLGDGSDUDDMXVWH
6HQVRUGHDFHOHUDFLµQ 6HQVRUGHDFHOHUDFLµQGHHMHV's*
GLVSRQLEOHV
&£PDUDWUDVHUD $FFHVRULRRSFLRQDOTXHVHYHQGHSRU
3XHUWR9,1
RSFLRQDO VHSDUDGR
$GPLWHDOHUWDGHODVHFFLµQGHFRQGXFFLµQ
*36 *36LQFRUSRUDGR
SDUDVHJXULGDG
$OLPHQWDFLµQ $GPLWH9&&
([FHSWRSDUDHO*36RV¼SHUFRQGHQVDGRU
&RQVXPR FDQDOHV:FDQDO:PHGLR
FRPSOHWDPHQWHFDUJDGR


 (VSHFLILFDFLRQHV

(OHPHQWR (VSHFLILFDFLµQ 2EVHUYDFLRQHV

8QLGDGGHSRWHQFLD
6¼SHUFRQGHQVDGRU
DX[LOLDU
ř'HODQWHUD/('GHVHJXULGDG
,QGLFDGRU/('
ř7UDVHUD/('*36/('JUDE/(':L)L
$ODUPD $XULFXODUHVLQFRUSRUDGRV *X¯DGHYR]VRQLGRVGHOWLPEUH
7HPSHUDWXUDRSHUDWLYD DŪDr&
7HPSHUDWXUDGH
DŪDr&
DOPDFHQDPLHQWR
,QWHUID]GHFRQH[LµQ SXHUWR9,1


(VSHFLILFDFLRQHV

$QWHVGHFRPXQLFDUVHFRQXQFHQWURGHVHUYLFLR

5HDOLFHFRSLDGHVHJXULGDGGHWRGDODLQIRUPDFLµQLPSRUWDQWHDOPDFHQDGDHQODWDUMHWDGHPHPRULD
/RVGDWRVGHODWDUMHWDGHPHPRULDSXHGHQERUUDUVHGXUDQWHODUHSDUDFLµQ6HFRQVLGHUDTXHWRGR
SURGXFWRTXHVHHQY¯DDUHSDUDFLµQHVXQGLVSRVLWLYRDOTXHVHOHKDUHDOL]DGRXQDFRSLDGHUHVSDOGR(O
FHQWURGHVHUYLFLRDOFOLHQWHQRUHDOL]DODFRSLDGHVHJXULGDGGHVXLQIRUPDFLµQ$OSLQH(OHFWURQLFVQRVH
UHVSRQVDELOL]DSRUQLQJXQDS«UGLGDFRPRODS«UGLGDGHLQIRUPDFLµQ


 (VSHFLILFDFLRQHV

3RUODSUHVHQWH$OSLQH(OHFWURQLFV(XURSHGHFODUDTXHHOWLSRGHHTXLSRUDGLRHO«FWULFR

'95)352'95)HVFRQIRUPHFRQOD'LUHFWLYD8(

(OWH[WRFRPSOHWRGHODGHFODUDFLµQ8(GHFRQIRUPLGDGHVW£GLVSRQLEOHHQODGLUHFFLµQ,QWHUQHWVLJXLHQWH
KWWSZZZDOSLQHFRPHUHVHDUFKGRF

,QIRUPDFLµQVREUHODHOLPLQDFLµQGHHTXLSRVHO«FWULFRVHOHFWUµQLFRV\EDWHU¯DVDOILQDOGHODYLGD¼WLO
DSOLFDEOHHQORVSD¯VHVTXHKDQDGRSWDGRVLVWHPDVGHUHFRJLGDVHOHFWLYDGHUHVLGXRV

6LGHVHDGHVKDFHUVHGHHVWHSURGXFWRQRORPH]FOHFRQORVUHVLGXRVJHQHUDOHVGHVXKRJDU([LVWHXQ
VLVWHPDGHUHFRJLGDVHOHFWLYDSDUDDSDUDWRVHOHFWUµQLFRVXVDGRVGHDFXHUGRDODOHJLVODFLµQTXHUHTXLHUH
XQWUDWDPLHQWRDGHFXDGRGHUHFXSHUDFLµQ\UHFLFODGR3µQJDVHHQFRQWDFWRFRQODVDXWRULGDGHVORFDOHV
SDUDREWHQHUP£VLQIRUPDFLµQVREUHHOSXQWRGHUHFRJLGD\WUDWDPLHQWRP£VFHUFDQR(ODSURSLDGR
UHFLFODGR\HOLPLQDFLµQGHUHVLGXRVD\XGDDFRQVHUYDUORVUHFXUVRV\DFRQWULEXLUHQODSUHYHQFLµQGHORV
HIHFWRVQHJDWLYRV\SHUMXGLFLDOHVVREUHQXHVWUDVDOXG\HOPHGLRDPELHQWH

,QIRUPDFLµQLPSRUWDQWHUHODWLYDDOVRIWZDUH

$FHUFDGHODOLFHQFLDGHVRIWZDUHGHOSURGXFWR

(OVRIWZDUHLQVWDODGRHQHOSURGXFWRFRQWLHQHVRIWZDUHRSHQVRXUFH

9D\DDOVLJXLHQWHVLWLRZHEGH$OSLQHSDUDREWHQHUP£VLQIRUPDFLµQVREUHHOVRIWZDUHRSHQVRXUFH

KWWSZZZDOSLQHFRPHRVVGRZQORDG


 ZZZDOSLQHHXURSHFRP

ALPINE ELECTRONICS MARKETING, INC.
1-7, Yukigaya-Otsukamachi, Ota-ku,
Tokyo 145-0067, JAPAN
Phone: 03-5499-4531
ALPINE ELECTRONICS OF U.K. LTD.
Alpine House
Fletchamstead Highway, Coventry CV4 9TW, U.K.
www.alpine.co.uk
ALPINE ELECTRONICS France S.A.R.L.
184 allée des Erables
CS 52016 – Villepinte
95 945 Roissy CDG cedex
FRANCE
Phone : + 33(0)1 48 63 89 89
9HU2FWXEUHGH
ALPINE ELECTRONICS GmbH
Ohmstraße 4,
85716 Unterschleißheim, Germany
Phone 089-32 42 640
ALPINE ITALIA S.p.A.
Viale Cristoforo Colombo, 8
20090 Trezzano sul Naviglio MI, Italy
Phone +39 02 484781
ALPINE ELECTRONICS DE ESPAÑA, S.A.
Portal de Gamarra 36, Pabellón, 32
01013 Vitoria (Alava)-APDO 133, Spain
Phone 945-283588