Slide 1: Market Presentation - Half Yearly Results for Period Ended 31 December 2003
SENETAS SENETAS Corporation Limited MELBOURNE 13 February 2004 Company Announcements Office Australian Stock Exchange Limited Level 6 20 Bridge Street Sydney NSW 2000 By eLodgement No. of pages: 24 Dear Sirs Market Presentation - Half Yearly Results for Period Ended 31 December 2003 The Directors of
Slide 2: Senetas Corporation Limited Brokers Presentation
SENETAS Senetas Corporation Limited Brokers Presentation February 2004 technology solutions
Slide 3: What does Senetas do?
What does Senetas do? 1. Solutions Consulting — provides a solid earnings base through solving enterprise information needs including distributing, integrating, securing and maintaining business solutions software under the Datum and IBK brands TAS 2. |T security product - IP owned through CTAM and
Slide 4: Snapshot - Financial
Snapshot - Financial Financial Results to 31 Dec 2003 e Revenues of $8.5 million Consolidated Profit of $2.29 million (EPS .46 cent) In line with 2003-2004 forecast Cash at Bank $2.5 million No debt technology solutions
Slide 5: Snapshot — Business Drivers
Snapshot — Business Drivers SENETAS Key Drivers in the next 18 months Strong growth in consulting services — Training (US army in Korea, IBM software, NAB training — New projects (Harvey Norman, AG’s NSW, Bunnings) — Extensions of current projects into new areas Strong growth in our IT security prod
Slide 6: Snapshot — Market Growth
Snapshot — Market Growth SENETAS Gartner and IDC Predications for the Global IT Market * Continued growth in Business Intelligence driven by: — Regulation — Unfinished ERP business — Need for better controls and metrics — Competitiveness * Growth of IT security spend “Although spending decisions hav
Slide 7: Corporate Vision
Corporate Vision SENETAS Senetas Software & Services Dependable, growing revenue and earnings under Datum and IBK brands Current Business IT Security Product Substantial potential growth via license & royalty income from US distributor Current Business in Subsidiary CTAM IT Security & Acquisitions S
Slide 8: Financials
Financials SENETAS Forecast Current 2002/3 2003/4 Half Results Operating Revenue $13.0m $20.0m $ 8.5m EBIT $(4.4)m* $4.0m $ 2.3m NPAT $(4.4)m* $3.0m $ 2.3m * write-off US investments, close KUSP, corporate restructure and write-off goodwill technology solutions
Slide 9: Quality Customers
Quality Customers ¢ Telstra * Federal Police * National Australia Bank * Toll Holdings * Shell Australia « Bunnings * Siemens * Vic Roads *RDNS * Village Road Show technology solutions * Linfox * Bendigo Bank * United Energy * ANZ Bank « Centro Properties « Shell UK * Coles Myer * Cadbury Schweppes
Slide 10: Strong Experienced Management Team
Strong Experienced Management Team SENETAS The combined experience and skills of Senetas Corporation’s management team are highly suited to the company and the industry. Francis Galbally as CEO heads the Senetas Group. Francis is a lawyer with extensive experience in corporate, commercial and taxati
Slide 11: SEN Share Statistics
SEN Share Statistics SEN - SENETAS CORPORATION boy Le Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 03 03 403 #08 03 03 08 03 08 08 08 4 O4 Current Capital structure: Ordinary shares 20 cent Options expiring 05/2004 8 cent Options expiring 05/2005 technology solutions SENETAS * Shareholders: 4
Slide 12: Senetas Consulting Solutions
SENETAS Senetas Consulting Solutions varum = JIBK SENETAS GROUP ” 3 GROW SENETAS GROUP technology solutions
Slide 13: Senetas Consulting Solutions
Senetas Consulting Solutions EM Services services & IBM Microsoft Hyperion to training services services Services Key Ac’ts Revenues 2002/3 $3.2m $1.2m $1.3m $1.0m $3.0m 2003/4* $4.5m $2.0m $2.0m $2.5m : * Projected technology solutions
Slide 14: Senetas Consulting Solutions
Senetas Consulting Solutions SENETAS In Consulting Solutions we distribute, integrate, secure and maintain our clients’ business information software. We have two areas of expertise: “ (a) Business Performance Management (BPM) The groups BPM capabilities including Business Intelligence, Customer $08
Slide 15: technology
technology solutions
Slide 16: IT Security Product
IT Security Product Three Revenue streams: — SafeNet world wide distribution - $20 million royalty earnings stream in the next three to five years — Aust & NZ CTAM product sales - minimum $3 million per annum revenue @ 50% margin — Aust & NZ SafeNet sales and service — new stream of revenue estimate
Slide 17: IT Security Product
IT Security Product « IT security includes the process of securing user access to networks and protecting sensitive information on-line, within corporate networks and on personal computers and devices. CTAM provides a method of securing high-speed wide area data networks through encryption devices.
Slide 18: NASDAQ listed, US based, with key relationships into US government agencies
NASDAQ listed, US based, with key relationships into US government agencies and a history of high-speed encryption and network security product sales. technology solutions
Slide 19: SafeEnterprise Security
SafeEnterprise Security Management Center Ex-Cylink ATM Encryptor Ex-Cylink tl Frame Encryptor Ex-Cylink Link Encryptor Pocket PC High Assurance Windows client technology solutions HighAssurance Gateways 1 PE pPS
Slide 20: Single CTAM platform
Single CTAM platform Current CTAM Product SafeEnterprise Security Management Center High Assurance Gateways lav MIPS Palm High Assurance Windows client CTAM NS SONET Encryptor Pd — —— ¥ CTAM Product can replace these technology New CTAM Product solutions
Slide 21: New Business - SafeNet relationship
New Business - SafeNet relationship « Senetas intends to build on the CTAM — SafeNet relationship to develop an Regional Safenet distribution business. « Senetas will sell and service IT network and data security solutions based on the family of SafeNet products. * Senetas is well positioned to do t
Slide 22: High Growth - IT Security Market
High Growth - IT Security Market Fg * “Spending on security related technology would jump to US$4.2 billion from US$2.7 billion” USA Budget (2003) « US Congress 13th November 2002 approved a $1.61 billion measure to boost cyber security, in what lawyers said was part of the bid to protect the countr
Slide 23: New Business - Acquisition
New Business - Acquisition « Senetas is building on the CTAM and IBK security expertise to develop a broader security business. *« Senetas has engaged corporate advisors to seek out well qualified security acquisition targets. *« Senetas has already begun the review process on several potential targ
Slide 24: Wealth creation through organic growth, technology and M&A
SENETAS Wealth creation through: Stable Organic Growth and High Growth Technology and Strategic Mergers & Acquisitions technology solutions