STRICTLY CONFIDENTIAL. NOT FOR PUBLIC DISTRIBUTION. APPROVED FOR PUBLIC DISTRIBUTION, JUNE 2014
LD Micro Conference
Los Angeles, CA June 4, 2014
LD Micro Conference Los Angeles, CA June 4, 2014 www.finjan.com - - PowerPoint PPT Presentation
APPROVED FOR PUBLIC DISTRIBUTION, JUNE 2014 STRICTLY CONFIDENTIAL. NOT FOR PUBLIC DISTRIBUTION. LD Micro Conference Los Angeles, CA June 4, 2014 www.finjan.com NASDAQ: FNJN Safe Harbor Statement The following presentation is an outline of
STRICTLY CONFIDENTIAL. NOT FOR PUBLIC DISTRIBUTION. APPROVED FOR PUBLIC DISTRIBUTION, JUNE 2014
Los Angeles, CA June 4, 2014
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The following presentation is an outline of matters for informational purposes only. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities of Finjan Holdings, Inc. (“Finjan”, “we” or “us”). This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements regarding our expectations, intentions, beliefs and projections about our future results, performance, prospects and opportunities. These statements can be identified by the fact that they do not relate strictly to historical or current facts or by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “potential,” “should,” “will,” “will be,” “would,” the negative of these terms and similar expressions, but this is not an exclusive way of identifying such statements. Readers are cautioned that forward-looking statements are not guarantees of future performance. Our actual results, performance and achievements may differ materially from those expressed in, or implied by, the forward-looking statements contained in this presentation as a result of various risks, uncertainties and
portfolio, the enforceability of our patents, the continued use of our technology in the market, the development of a liquid trading market for our securities and other factors described under Item 1A, “Risk Factors,” as set forth in the Company’s Annual Report on Form 10-K filed with the SEC on March 14, 2014, and any subsequent quarterly or current reports. The Company will continue to file annual, quarterly and current reports, proxy statements and other information with the SEC. Forward- looking statements speak only as of the dates specified in such filings or presentations. Except as expressly required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not undertake any obligation to update any forward-looking statements to reflect events or circumstances arising after any such date, whether as a result of new information or future events or otherwise. You should not place undue reliance on the forward-looking statements included in this presentations or that may be made elsewhere from time to time by us, or on our behalf. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. Our filings with the SEC are available to the public on, and may be reviewed at, the SEC’s internet website http://www.sec.gov and on Finjan’s web site http://www.finjan.com. You may also read and copy any document that Finjan files with the SEC at the SEC’s Public Reference Room, 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room and their copy charges.
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1: As of 6/2/2014 2: As of 3/31/2014
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PATENT PORTFOLIO
applications
patents
applications PORTFOLIO HIGHLIGHTS
1996
and beyond
UNITED STATES 22 Granted Patents 4 Patent Applications CANADA 1 Granted Patent 1 Patent Applications GERMANY 1 Granted Patent FRANCE 1 Granted Patent ITALY 1 Granted Patent NETHERLANDS 1 Granted Patent U.K. 1 Granted Patent JAPAN 1 Granted Patent ISRAEL 3 Granted Patents 1 Patent Application PCT Filings 1 Granted Patent 2 Patent Applications
Note: Additional non-public fillings
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Small and Medium-Sized Business Solutions Enterprise Solutions Large Enterprise Solutions NG-100 NG-5100 NG-6100 NG-8100
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1995 1995 - 2000 2000 - Present VIRUS MALWARE NETWORK GATEWAY SECURITY SOLUTION Early Adaptive Integrated Comprehensive THREAT Virus and signature-based threats delivered to endpoints Malware and malicious code and other yet unknown threats
endpoints Viruses and malware over the web and through private networks attacking endpoints and data storage Cybersecurity includes antivirus and malware in both software and hardware but includes intrusion prevention fraud detection to any number of connected endpoint devices COVERAGE Endpoint Endpoint, web Endpoint, web, network Endpoint, web, network, mobile devices IMPLEMENT- ATION Software Software Software, hardware Software, hardware, SaaS GROWTH STRATEGY FINJAN PATENTS
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C Y B E R S E C U R I T Y B R E A C H E S I N T H E N E W S
FBI: Cyber-attacks Surpassing Terrorism as Major Domestic Threat JPMorgan Warns Card Users on Data Loss After Cyberattack
December 5, 2013 November 25, 2013
Target cyber breach hits 40 million payment cards at holiday peak
December 19, 2013
“Growth in the cloud security services space has overtaken that of traditional delivery models, growing at a rate of 30% by the end of 2013 and reaching $4.2 billion by 2016.” “2013 worldwide IT security spending will be approximately $17.9 billion.” “2013 Enterprise spend
is estimated to be $2.5 billion with a expected CAGR of 11.8% between 2011-2016.” “Cyber attacks listed as a top national security threat in the 2013 Worldwide Threat Assessment of the U.S. Intelligence Community.” “Secure Web Gateway revenues grew 15% in 2012 and are estimated to grow between 13%- 15% in 2013.” “2011 Ponemon Institute study estimated a 44% increase in successful cyber attacks from the prior year.”
Neiman Marcus latest victim of cyber attacks,
January 11, 2014 March 16, 2014
NATO Says its websites hit by cyber attacks Cyber-Attacks to grow with new technologies, Clapper Says
January 11, 2014
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(Legacy) Comprehensive software protection for endpoint devices including the emergence of smartphone
security Includes consumer and enterprise malware protection delivered over the cloud as well as web/gateway infrastructure protection Traditional networking equipment now includes integrated malware protection. Both purpose built boxes and next gen firewall
* Market Estimates from Gartner, SEC documents, and Company Estimates for 2013
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0.0 2.0 4.0 6.0 2013 2014 2015 2016 2017 0.0 5.0 2013 2014 2015 2016 2017 0.0 10.0 20.0 2013 2014 2015 2016 2017
Source: Gartner forecast and Company analysis.
$ in BN $ in BN $ in BN
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2007: 2012: Confidential 2012: Confidential 2010: “2010 Litigation” (5 Defendants) 2013: 2013: 2013: 2013: 2014: 2005: 2009: 2012:
LICENSING LITIGATION SETTLEMENTS
JUDGEMENTS20%
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JUDGMENTS
COMPANY . DATE LICENSES & SETTLEMENTS TYPE* March 2008 $37.9 MM
July 2005 $8 MM
cash
patents Nov 2009 25% equity of M86
patents March 2012 $3.1 MM1
patents April 2012 $11.3 MM
patents Nov 2012 $85 MM
patents LICENSES & SETTLEMENTS
*e.g.: Running royalty, paid up, lump sum, etc. 1: Estimated book value representing 224,000 shares of Trustwave Source: company SEC fillings
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Leg Work Low Leg Work High
Current Finjan Portfolio Current Finjan Portfolio Current Finjan Portfolio Future Portfolio 1 Future Portfolio 1 Future Portfolio 1 Future Portfolio 2 Future Portfolio 2 Future Portfolio 2
Notice Period Early Harvest Core Harvest Volume Income High ($) Volume Income Low ($)
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November, 2013
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THIRD-PARTY LICENSING AGENTS AND AGGREGATORS
Name Ticker Market Cap
RPXC $849 MM ACTG $808 MM Private ? Private ? Private ? Private ? TECHNOLOGY-BASED IP COMPANIES
Name Ticker Market Cap
FNJN $115 MM IDCC $1.5 BN TSRA $1.2 BN RMBS $1.3 BN PRKR $469 MM WILN $364 MM
ACQUIRED IP COMPANIES
Name Ticker Market Cap
VHC $778 MM PCO $418 MM VRNG $269 MM UPIP $229 MM DSS $70 MM SPEX $22 MM
Note: Market Cap as of 6/2/14
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Year ACQUIRED IP COMPANIES THIRD-PARTY LICENSING AGENTS AND AGGREGATORS TECHNOLOGY-BASED IP COMPANIES
(YTD)
VHC PCO VRNG UPIP DSS SPEX RPXC ACTG FNJN IDCC TSRA RMBS PRKR WILN ACTG RPXC VHC PCO VRNG SPEX DSS UPIP FNJN IDCC TSRA RMBS PRKR WILN
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Shimon Steinmetz Chief Financial Officer
and Citigroup
Ivan Chaperot VP, IP Licensing
transactions
Phil Hartstein President
IP consulting firm, trained in boutique IP firm
Julie Mar-Spinola VP, Legal Operations
technologies
complex IP litigation
Miyun Sung VP, Legal Counsel
Shlomo Touboul, Senior Advisor (Finjan, Inc.)
Finjan patents
StrategySeeker.com
Friederike Edelmann, Director Investor Relations
University/Accadis Bad Homburg, Germany
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Michael Eisenberg Director
Alex Rogers Director
Eric Benhamou Director
Daniel Chinn Director
Harry Kellogg Director
Bank and affiliates
University
Michael Southworth Director
California at Berkeley
Glenn Daniel Director
Madison
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Over $100 BN addressable market for Cybersecurity between 2013 and 2017 Successfully received more than $145 MM in licensing/enforcement income absent a dedicated management team and focused business model $23 MM in cash and no debt (per 10K filed on 3/31/2014) Battle-proven foundational IP portfolio is a direct result of our R&D efforts and invested dollars Team that executes, experts in patent monetization, technology investments and capital markets Advisory representation from globally respected technology and investment leaders Include top technology venture capitalists, former fortune 500 CEOs & institutional investors with successful track record of investing in technology & intellectual property
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Phil Hartstein President Finjan Holdings, Inc. Direct: 650.282.3232 Email: phil@finjan.com 333 Middlefield Road Suite 110 Menlo Park, CA 94025 PRESENTATION BY: Friederike Edelmann Director Investor Relations Finjan Holdings, Inc. Direct: 646.350.4999 Email: friederike@finjan.com 122 East 42nd Street Suite 1512 New York, NY 10168 FOR MORE INFORMATION: