Silex Systems Limited · ASX:SLX

Silex Systems — Shareholder Meeting (November 2004)

34 slides from Silex Systems's shareholder meeting presentation, Nov 25, 2004

  1. Slide 1: A Unique Technology Company

    A UNIQUE TECHNOLOGY COMPANY ian Now © Presentati vi Investor Fi AGN

  2. Slide 2: Forward looking statements

    Forward looking statements Silex is a research anc development company whose assets are its proprietary rights in technologies, including, but not limited to, the SILEX technology, Translucent technology and Fiberbyte technology. The company’s technologies are in the develooment stage and have not b

  3. Slide 3: Our Vision

    OUR VISION is: to become a world leader in: » lsotopically enriched materials » Uranium * Silicon » Wafer Scale Semiconductor materials * Optical Silicon » Advanced Electronic Materials

  4. Slide 4: Estimated Total Market

    ue Estimated Total Market SILEX TECHNOLOGY DIVISION (Sydney) Target US$ Nuclear Fuel Industry {Enriched Uranium) $3.500M Semiconductor Wafer Industry {Enriched Silicon and Carbon) » $6,000M Medical Diagnostics {Enriched Carbon and Oxygen) » $100M SEMICONDUCTOR TECHNOLOGY DIVISION USS Optical Silicon

  5. Slide 5: Key achievements and milestones

    Translucent secured initial key US Patent for its ‘optical silicon’ invention. Fiberbyte commenced development of its data acquisition technology. SILEX Uranium Project measurements resumed. Discussions with 3rd Parties regarding commercial partnerships in progress. Translucent signed MOU for strate

  6. Slide 6: What is the SILEX Technology?

    What is the SILEX Technology? Separation of Isotopes using Laser EXcitation. Changing ‘isotopic’ composition of elements (enrichment) creates new ultra-pure materials with unique qualities. Isotopes are different forms of the same element (different number of neutrons). eg. Uranium Silicon Carbon U2

  7. Slide 7: Nuclear Power

    Nuclear Power 17% of world’s electricity 440+ reactors e e 70+ being built / planned No greenhouse gas impact W756 U2SS 98.3% LU 6% URS Used in Reactor Greate Steam _ Drive Turbine Uranium Mining Conversionto UFG = Enrichment Fuel Fabrication Make Electricity

  8. Slide 8: SILEX vs Centrifuge vs Gas Diffusion

    SILEX CENTRIFUGE GAS DIFFUSION INVENTED 1990's 1940's 1940's PROCESS Laser Excitation Mechanical Mechanical (centrifugal force’) (brute force’) ENRICHMENT EFFICIENCY 2 to 20 1.25 1.004 ESTIMATED COST 30~$402) 60~$80 100 PER UNIT (US$) $30~$4 $60-$ *$ % OF EXISTING MARKET®) 0% 40% 45% Under Developme

  9. Slide 9: Uranium enrichment supply and demand

    2005 2010 2015 OTHER - (C¢) SUPPLY | DEMAND. UNCOMMITTED GD Gas Diflusion

  10. Slide 10: Current Progress

    Current Progress — USEC withdrew in April 2003 after ~7 years in partnership and ~USS40M in expenditure (causing significant delays). The ‘direct measurement (DM) program is now in its final stages (Q1 ‘05 completion) — focus is on optimising process efficiency. The outcome of the DM testing program

  11. Slide 11: line

    line a

  12. Slide 12: a)

    a)

  13. Slide 13: SILEX Technology Division

    SILEX Technology Division

  14. Slide 14: Isotopically engineered silicon and SUMCO collaboration

    isotopically engineered (enriched) silicon can improve thermal conductivity of silicon — potentially alleviating heat build-up issues. Sematech (Semiconductor Industry body) said in March 2004: ‘lateral heat transfer within the isotopically pure (silicon) layer is improved and may help reduce peak t

  15. Slide 15: Mini Module and Collector Module

    MIMI Mini Module Collector Module SILEX Technology Division

  16. Slide 16: SILEX Technology

    A nnonnnnainnl SILEX Technology

  17. Slide 17: Focus is now solely on uranium and silicon enrichment

    Focus is now solely on uranium and silicon enrichment. Silicon - process works well - pilot plant program in full swing — efficiency and scaling - should know economics and future prospects in the near future Uranium - process works well - DM program nearing completion — process efficiency - should

  18. Slide 18: Silex/Translucent projects focus on semiconductor and photonics problems

    Silex/Translucent projects focus on solutions to fundamental semiconductor & photonics problems * Division grew out of SILEX Technology application to enrich silicon for semiconductor industry. » Activities now encompass potential wafer-scale solutions for a number of critical silicon-based semicond

  19. Slide 19: Semiconductor Materials Issues

    Semiconductor Materials Issues in early 2004, Sematech (leading industry body), listed key materials issues & solutions needed to meet anticipated semiconductor industry roadmap targets (ie, Moore’s Law). Silex and US-based Translucent Inc, have potential solutions to 4 of the 5 emerging materials g

  20. Slide 20: Translucent technology addresses two major roadblocks

    Translucent technology addresses two major roadblocks facing the semiconductor industry ~ Photonics + microelectronics integration in silicon — Optical Silicon ~ Limitations on the fundamental electronic capabilities of silicon -» Advanced Electronic Materials If successful, Translucent well positio

  21. Slide 21: Overview of the Translucent Technology

    Overview of the Translucent echnology Optical Silicon * Translucent aims to bring Silicon economics to Telecommunications. * Inits natural form, Silicon is an “indirect band-gap” material that can’t be used for optical communications. ~ This forced the use of expensive “compound semiconductors” (eg.

  22. Slide 22: Planar Lightwave Circuits

    ightwave Circuits (SPL CURRENT TECHNOLOGY TRANSLUCENT TECHNOLOGY . Fibre out « Expensive, discrete components * 10x lower cost * Fully integrated silicon VLSI

  23. Slide 23: Technology vs Bandwidth: optical world

    Technology os Long Haul Bandwidth Networks / i ‘Optical World’ _ Thps High Cost Optical-Fibre/ Gbps GaAs-InP

  24. Slide 24: Technology vs Bandwidth: Translucent world

    Technology Bandwidth Long Haul _ Networks } ... -Thps ‘Optical World’ TOP Low Cost .. Optical Fibre/ “Silicon Gbps . ‘Translucent World’ Tra slucent World Gbps Low. Cost - Integrated Silicon Opto-electronics Gbps

  25. Slide 25: Translucent Photonics Wafer Facility

  26. Slide 26: Natural Silicon Wafers vs Enriched Silicon-28 Wafers

    Natural Silicon Wafers Enriched Silicon-28 Wafers: Isotopic assay Si-28 : 92% . isotopic assay Si-28 > 99% Si-29 : 5% Other < 1% Si-30 . 3% * 10% to 60% higher thermal conductivity - 8% heavy isotopes act like ‘defects’ and impede potential 30-40° lower operating ternperature flow of heat through th

  27. Slide 27: Enriched Silicon Wafers

    (Enriched Silicon Wafers) Potentially large market for advanced microprocessors and communications devices — silicon wafer industry > US$6,000M p.a. Competing Technologies — silicon enrichment: ~ Centrifuge : uneconomic - high capital and operating costs. ~ Chemical Distillation : inefficient and co

  28. Slide 28: Cooling Cost Comparison

    Cooling Cost Comparison Cost per die * Cryo-cooler $350 + « Thermoelectric Cooler $35 « Fan & heat sink $10 to 20 * Chip thinning $2 (est) * Si-28 epi wafer $0.10 to $2 12 * Si-28 bulk wafer $2 to $25 1 1 incremental to natural silicon wafer assumes 200 die/fwafer 2 10u epi thickness (Source: Isonic

  29. Slide 29: Fiberbyte P/L - Adelaide based technology company

    Fiberbyte P/L - Adelaide based technology company. Fiberbyte has two unique “USB-inSync’” technologies: 1. PC-based Data Acquisition Technology — current focus. 2. Fibre Optic Test & Measurement Equipment Technology. -—» deferred due to continuing market downturn Silex has 85% interest in Fiberbyte

  30. Slide 30: USB Real Time Data Communications Platform Technology

    “USB Real Time” Data Communications Platform Technology: Capitalises on core “USB-in-Sync’ proprietary technology. Primary target market: PC based Data Acquisition (~US$400M p.a). Manufacturers & System Integrators of real-time I/O systems — broad spectrum including: ~ Laboratory applications ~ Elec

  31. Slide 31: Facilities

    Facilities Silex operates a major laboratory complex at its Lucas Heights Facility in Sydney for the development of the SILEX enrichment technology. With the support of Silex, Translucent has established a state-of-the art semiconductor laboratory in Palo Alto ~ in the heart of Silicon Valley. With

  32. Slide 32: Human Resources and Financial Resources

    HUMAN RESOURCES » SILEX (Sydney) - 30 » Translucent (US) - § » Fiberbyte (Australia) - 8 The Silex research teams are world-class, and include 14 PhD’s, 10 Engineers and 14 Technicians. FINANCIAL RESOURCES » Silex has cash of ~ A$27M (30 September 2004). » Existing cash reserves sufficient to fund c

  33. Slide 33: Silex - A mission focused technology company

    Silex - A mission focused technology company. Excellent Resources - Technical Teams - Facilities - Funding intellectual Property Protection - Patents and Applications - Classification Clear Corporate Strategy - Alliances with industry leaders - SUMCO ~ Silicon wafer partner - Broad exploitation of c

  34. Slide 34: A unique company developing technology and advanced materials

    A unique company developing technology and advanced materials for the 21%! Century.

Silex Systems — Shareholder Meeting (November 2004) on 6ix