Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Merger or Acquisition (February 2008)
18 slides from Intellicheck's merger presentation, Feb 21, 2008
Slide 1: Merger Presentation
INTELLI-CHECK/ MOoBILISA Leading the way in Identity and Wireless Solutions Se Merger Presentation Mr Jeff Levy and Dr Nelson Ludlow Intelli-Check - Mobilisa, Inc. February 20, 2008
Slide 2: Safe Harbor Statement
INTELLI-CHECK/ MOBILISA Leading the way in Identity and Wireless Solutions | Safe Harbor Statement = Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “will,” "believe,"
Slide 3: Merger - Steps and Timing
INTELLI- -CHECK/ MOBILISA ing the | Merger - Steps and Timing a Merger Closure — 14 March 2008 = Sequence of Activities: a (Aug) Intent to Merge — Binding Agreement a (Sep - Nov) Due Diligence / Audit Financials a (Nov) Definitive Agreement a (Feb) Preliminary Proxy Filed with SEC a (Feb) Proxy Dist
Slide 4: Shareholders Meeting
INTELLI-CHECK,/MOBILISA Leading the way in Identity and Wireless Solutions | Shareholders Meeting = Shareholders Meeting a Woodbury, NY a March 14, 2008 10am Eastern Time = Five Items require approval: i. Proposed Merger 2. Increase in Authorized Shares from 20 to 40 million 3. Increase Shares in 20
Slide 5: Merger Terms
INTELLI-CHECK/ MOBILISA 9 | Merger Terms a Essentially a “Merger of Equals” a Equity / No-Cash Deal a Equal number of Shares a Intelli-Check options replace Mobilisa options a Value of Deal a Aggregate Value of Consideration $50.7M a Based upon Value of IDN Stock upon signing of Definitive Agreement
Slide 6: Board of Directors
INTELLI- -CHECK/MOBILISA jing the way in Identity a | Board of Directors = Four from each a Mr Jeff Levy Company a Chairman a Chairman from Intelli- a Mr John Paxton Check a Vice Chairman a Vice-Chairman from = General Buck Bedard Mobilisa a Ms Bonnie Ludlow = Options extended for = Dr Nelson Ludlow
Slide 7: Management Team
INTELLI- -CHECK/MOBILISA jing the way in | Management Team =a CEO — Dr Nelson Ludlow a CFO — Mr Peter Mundy =a CTO —Mr Russ Embry a Multiple Synergies in Other Positions a Three Business Units a Commercial Identity Systems a Government Identity Systems a Wireless Systems Feb 17, 2008 www.icmobil.com
Slide 8: Company Backgrounds
INTELLI-CHECK/MOBILISA Leading the way in Identity and Wireless Solutions | Company Backgrounds Intelli-Check, Inc. Mobilisa, Inc. a 20 Employees a 30 Employees a HQ-Woodbury, NY = HQ-—Port Townsend, WA a Other Offices a Other Offices a Sales in Atlanta and Boston a Alexandria, VA & Dayton, OH a AAM
Slide 9: Company Financials
INTELLI-CHECK/ MOBILISA Leading the way in Identity and Wireless Solutions | Company Financials* Intelli-Check, Inc. Accumulated Deficit (9/30/07) Mobilisa, Inc. = Accumulated Deficit (9/30/07) a Total: ($44,276,295) a Total: Break-Even Year - 2006 = Year - 2006 a Revenue: $3.162M a Revenue: +$3.423
Slide 10: Commercial Identity Systems
INTELLI- -CHECK/MOBILISA Leading the way in Identity and Wireless So! | Commercial Identity Systems a Identity Functional a Products Areas: a Software a Age Verification a Desktop / Browsers a DL Validation a Handheld a ID Data Capture a Tailored Hardware a Markets a Financial a Rental Car a Retail
Slide 11: Government Identity Systems
INTELLI- -CHECK/MOBILISA Leading the way in Identity and Wirele: | Government Identity Systems a Identity Functional a Products Areas: a IM2500 - Defense ID a Access Control a IM2700 TWIC a Visitor Center a IM3000 Visitor — Vendor a Vendor Validation station and ID Card issue = Markets a Military Ba
Slide 12: Wireless Systems
INTELLI-CHECK,/MOBILISA Leading the way in Identity and Wireless Solutions | Wireless Systems a Wireless Functions: a High Speed Data a Moving / In-motion a Over Water a Military Focused a Markets a Military a Ferries, Cruise Ships a Homeland Security a Coast Guard Feb 17, 2008 www.icmobil.com * +1.
Slide 13: Wireless Systems
INTELLI-CHECK,/MOBILISA Leading the way in Identity and Wireless Solutions | Wireless Systems = Products a Airchitect® a Wireless LAN Design Tool a WOW (wireless over water) Products in Dev a WOW 2100 Radio =» WOW 2300 Router a Port Security a Littoral Sensor Grid a Sensors on Buoys Feb 17, 2008 www
Slide 14: Merged Company
INTELLI-CHECK, MOBILISA Leading the way in Identity and Wireless Solutions | Merged Company = Headquarters — Port Townsend, WA a Combine functions and run as One Company a No Relocations a HUB-Zone, Veteran-Owned, DCAA Certified = Three Business Units / General Location a Commercial ID Systems — Woo
Slide 15: Strategic Goals
INTELLI- -CHECK/MOBILISA Leading the way In Identity and Wir | Strategic Goals a Combined Company — Positive Cash Flow a As quickly as possible = Communicate a Under-Promise, Over-Deliver a Revenue Focused a The “Start-up Phase” is over Feb 17, 2008 www.icmobil.com * +1.888.91C.Mobil 15
Slide 16: Operational Goals
INTELLI-CHECK/ MOBILISA Leading the way in Identity and Wirele: | Operational Goals a Increase Revenue a Restructure Sales Team a Combined and New Product Line a Leadership focused on Sales a Change Business Model a Shift from “middleware provider” to “applications provider” to “full product / full
Slide 17: Marketing
INTELLI- -CHECK/MOBILISA Leading the way in | Marketing = WWw.icmobil.com is our new website = Combined Product Line a Renaming of Products a Integration of Technologies = New Product Development a Emphasis on Customer Service = Products for all Identity Cards over only DL’s Feb 17, 2008 www.icmobil
Slide 18: Summary
INTELLI-CHECK/MOBILISA | Summary a Many Synergies a Result is a New, Stronger Company = One Goal: a Combined Company Cash Flow Positive ASAP and Breakeven/Profitable ASAP thereafter = Request Your Support a Vote YES on all 5 Proposals Feb 17, 2008 www.icmobil.com * +1.888.91C Mobil 18
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