Investor Presentation
June 2017
Investor Presentation June 2017 DISCLAIMER This presentation has - - PowerPoint PPT Presentation
Investor Presentation June 2017 DISCLAIMER This presentation has been prepared by Elsight Limited. ( Elsight or the Company) based on information available to it as at the date of this presentation. The information in this
June 2017
This presentation has been prepared by Elsight Limited. (“Elsight” or the “Company”) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision. This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Elsight, nor does it constitute financial product advice or take into account any individual’s investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of Elsight and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and
Elsight securities. Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Elsight its officers, directors, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it. The information presented in this presentation is subject to change without notice and Elsight does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation. The distribution of this presentation may be restricted by law and you should observe any such restrictions. This presentation contains certain forward looking statements that are based on the Company’s management’s beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of Elsight to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the political and economic environment in which Elsight will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast. To the full extent permitted by law, Elsight and its directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in the presentation).
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reliability, security and bandwidth
aggregation of an unlimited number of network links with nearly zero latency, even during physical movement from one geographic location to another
Prime Minister of Israel
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year from the sale of products for broadcast or to consumers or to manufacturers of consumer or safety products or any business in the distribution chain of consumer or safety products
year from total sales of products
year from total sale of products
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Issued Capital Metrics
(million shares)
Total shares on issue 83.4 million Shares escrowed (6-24mos) 53.3 million Voluntary escrow (12 mos) 4.4 million Listing Price $0.20 Market Capitalisation $16.7 million Repayment of loan $0.53 million Cash remaining $4.5 million Enterprise Value $12.2 million Options (ex price $0.30c, 24mos escrow) 7 million Performance Options (ex price $0.20, 24mos escrow) 30 million Management Options (ex price 20c) 8.6 million
NIR GABAY 26,052,974 31.25% LEARNICON LLC 13,600,304 16.31% INTERVEST HK LTD 3,250,000 3.90% ROEE KASHI 2,894,775 3.47% FINELINE PCB LTD 2,500,000 3.00% GNAT PTY LTD 2,325,000 2.79% ANTON UVAROV 1,708,334 2.05% HOWARD DIGBY 1,708,334 2.05% AWZ HLS INVESTMENT FUND 1,500,000 1.80% MOSHE COHEN 1,166,667 1.40% TOP 10 TOTAL 56,706,388 68.01%
TOP 10 SHAREHOLDERS
Nir Gabay has more than 20 years experience in communications, security and surveillance including a mobile cellular provider, local municipality, and high tech companies. During the past ten years Nir has been involved in a number
technological and business achievements among them, is the establishment
live video/audio other data transmission from the field.
Managing Director
Nir Gabay Roee Kashi
Roee has
9 years
experience and expertise in building and developing digital video systems, some of them in the IDF. Roee has been responsible for some major technological achievements including the development of the core software on ElSight that is responsible for video encoding and transmission, user interface design and construction of the system, etc.
VP Research & Development
David FURSTENBERG
Held various senior CEO, Chairman, Board member and VP Global sales positions in a number of publicly traded and privately owned companies such as Comverse (NASDAQ: CNSI) and Audiocodes (NASDAQ: AUDC), Enure and Vista (a subsidiary of Israel Aerospace Industries) and most recently active Chairman at NovelSat and CEO at InsurBit. Specializes in high-tech company’s turnaround through product and market repositioning.
Non-Executive Director
SHAFRAN
Former Head of IDF’s ICT (C4i and Cyber) Command. Head
the Centre for Cyber Technology at Ariel University. Over the course of his extensive career Shafran held numerous prestigious and prominent positions in the Defense and Intelligence forces
the IDF, including IDF’s Chief Scientist, Chief of Staff of the Ministry of Defense, and the R&D Attaché at the Israeli Embassy in Washington DC.
Non-Executive Chair
Experienced Management and Board – Military and Technology Background
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HOWARD DIGBY
Howard began his career at IBM and has spent 25 years managing technology related businesses in the Asia Pacific region. More recently, he was with The Economist Group as Regional Managing
management roles at Adobe and Gartner. Upon returning to Perth, Howard spends his time as an advisor and investor, having played key roles in several M&A and reverse takeover transactions. Howard is a Director 4DS Memory Limited (ASX:4DS) and Chairman of HearMeOut Limited (ASX:HMO).
Non-Executive Director
DR ANTON UVAROV
Anton has significant experience as an equity analyst both in Australia and overseas. Prior to moving to Australia, he was with Citigroup Global Markets, New York. Upon moving to Australia he spends his time as a corporate advisor and investor, having played key roles in several M&A and reverse takeover transactions.. He is currently a Director
Actinogen Medical Limited (ASX.ACW) and HearMeOut Limited (ASX.HMO).
Non-Executive Director
Elsight develops innovative technologies for Clear, Reliable & Secure real- time video, audio and other data transmission (both military and civilian) that can be captured, transmitted and displayed whenever & wherever necessary for Improved Critical Decision Making
Layers of Technological Knowhow
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Moving objects – Keeping real-time video and other data continuously available in low latency despite mobile reception drop outs, impairments and changes in available bandwidth Adaptation – Real-time compression and packet shaping based on available bandwidth, in order to get the maximum performance and quality at each moment Redundancy and Survivability – System switches dynamically and utilises multiple channels as needed during various channel failures in order to maintain uninterrupted high quality video. Redundancy/Load sharing of antennas array Simultaneous recording – Separated compression for local recording (on the device) and remote (transmission of recorded video to the C&C) which does not affect real-time performance Product variety - various products for vehicle mount, wearable on infantries and even on fixed walls/fences etc Feature-Rich C&C S/W – Powerful software in server-client architecture (see further slide – commander360) – API for full integration, as an option
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live video, audio and other data transmission as well as recording capabilities, anytime, anywhere via multiple 3G networks, Wi-Fi or satellite (CPE), keeping your video and data integrity constant at all times
video, audio and other data by aggregating unlimited number
transmit a single data stream with nearly zero latency
Elsight’s range of products, thus expanding the visual reach in the field and providing decision makers with the best online tools, to take the right decision/action
Chosen by Ministry of Defense, and by Israel Police as the best solution among all others (mobile video and other data transmission tenders)
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a different channel and then reassembled
bandwidth
Multichannel as a Network Solution
the field HQ
Multichannel end-points and the server
connecting other Elsight products
Rider-M
Elsight’s 4-channel mobile DVR, transmits video
location, and sensors .
Rider-S
Elsight’s compact mobile SD version solution, designed to be implemented in situations/solutions, where space & size are dictated
MP-100
MPIOO is a multipurpose solution, which can provide a fast, easy to deploy mini broadcasting tool that brings first live video & audio from the scene
Ground-breaking hybrid (on-the-move or fixed) video/data capturing, recording and transmission for various real tactical security and surveillance purposes
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MA-2016
Elsight portable unit, transmits video over 3G/4G network, Wi-Fi, together with GPS location and panic
Commander360
A bandwidth saving software capable of distributing and managing thousands of video channels at the same time
Airborne-101
Airborne101-WiFi solution features a network digital video server for distributed remote surveillance implementation scenarios
Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) – Rapidly Growing Big Market
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ElSight is positioned at the cross section of two growing markets
(HLD) / Counter-Terror Intelligence
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Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance. C4ISR represented 16% of the global Security field in 2013 (Frost & Sullivan)
expected to grow to $133 billion by 2020 (per annum) (Source: marketsandmarkets.com)
part of C4ISR
minimum $5 billion segment of C4ISR, and is expected to grow in the future
Command Control (C2), $157B Communications, $284B Computers, $107B Intelligence, … Surveillance & Reconnaissance, $363B Electronic Warfare, $90B
Communications
Second largest market worth cumulative 283.7 billion USD in sales during 2012 - 2021 Source: Frost & Sullivan
2012 – 2021 Cumulative Estimates in Billions USD
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Spending and Growth Rate for C4ISR (2014 – 2021, Source: Frost & Sullivan)
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Market Growth Market Value
High High Low Low
Performance Milestones Tied To New Markets Development
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Consumer Media and Broadcasting
Multichannel product
Livestreaming
Dominating the Segment
streaming and significantly limits use)
Growing Revenues, Expanding New and Existing Markets
Invest in R&D to create a recurring payment software- based model with reduced hardware cost Promote aggressive marketing worldwide Establish a US operation Expand global sales partners
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Product development
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and hundreds of millions of dollars. The company is planning on establishing market presence and continue to grow and realize its technological potential
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Resellers
System Integrators
Technology Partners
Strategic Partners
Indonesia government Israel Defence Forces Israel Government Israel Police Israel EMS
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Nathan Barbarich +61 8 6380 9200 +61 (0) 403 185 194 nbarbarich@rmcf.com.au Nir Gabay Mobile: +972 503 202 048 Skype: gabay.nir Email: nir@el-sight.com RM Corporate Finance