Isco International — Shareholder Meeting (December 2005)
23 slides from Isco International's shareholder meeting presentation, Dec 13, 2005
Slide 1: ISCO Shareholders Meeting 2005
ISCO Shareholders Meeting 2005 Optimal Wireless. Simplified.
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation will include “forward looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995. What we and the Act mean by forward looking statements are all statements we make other than those dealing specifically with historic
Slide 3: Agenda
Agenda Corporate Profile 2005 Progress & Momentum The Expanding Product Portfolio What’s Next—2006 Why Invest in ISCO
Slide 4: Mission
Mission ISCO International is a wireless systems solutions company driven by customer focus and technical innovation. We are a pacesetting provider of subsystems and components for all wireless technology platforms. Our solutions enable seamless integration of technologies, and condition and enhance
Slide 5: ISCO Corporate Profile
ISCO Corporate Profile Current business: RF Cellular Aftermarket (Custom) Product families: RF2, ANF, RF Components Employees: 31 Manufacturing: Multi-vendor outsourced Founded: 1989 Stock: Amex (ticker: ISO) Location: Chicago (Elk Grove), IL
Slide 6: Management Team
Management Team Mr. John Thode—President and CEO Ex-Motorola Executive for 25 years P&L responsibility for Handset and Infrastructure Businesses Dr. Amr Abdelmonem – CTO Extensive filter design background with advanced technology focus Holds 9 design patents with additional patents pending Mr. Frank
Slide 7: Agenda
Agenda Corporate Profile 2005 Progress & Momentum The Expanding Product Portfolio What’s Next—2006 Why Invest in ISCO
Slide 8: Gaining Financial Momentum
Gaining Financial Momentum Financial Update Sales: FY04 = $2.6m, FY05 = $ ? $8m through Q3 3x improvement YTD over 2004 Cash flow through Q3 Break-even YTD vs. ($3m) in ‘04 $5m Cash on Hand Selected in 2005 as one of the Deloitte Technology Fast 500 ISCO Orders and Revenue $ in millions Revenue Orde
Slide 9: Capitalization and Legal Update
Capitalization and Legal Update Capitalization Market Cap is ~$65m Improved Credit Line Currently $10m, 9% simple Reduced Rate from 14% Extended Maturity late ‘07 Q305 Re-capitalization Event Raised $5m - common stock sale 15% discount Stock +40% higher since funding Significant Ownership Employees
Slide 10: Maturing Outsourcing Manufacturing Model
Maturing Outsourcing Manufacturing Model Solutions Architect & Designed to enable Multi-Vendor Outsourcing Both Supply Chain and Manufacturing Significant variable cost benefits Flexibility to scale Nearly eliminates risk of a single source Minimizes ISCO fixed costs Finished goods final tested at I
Slide 11: ISCO Customers & Partners
ISCO Customers & Partners 2004 Client Base Primarily US-based, 850 MHz CDMA 2005 Expanded Client Base Added PCS (1900 MHz) solutions Have solutions for, and engaged with, non-CDMA entities Seeds of geographic expansion 2006 Goals Significantly expand into PCS & iDEN Operators China (China Distributi
Slide 12: Agenda
Agenda Corporate Profile 2005 Progress & Momentum The Expanding Product Portfolio What’s Next—2006 Why Invest in ISCO
Slide 13: Network Integration Products: Base Station RF Subsystems
Network Integration Products Base Station RF Subsystems RF2 Linear LNA receivers, multi-couplers, filters and duplexers Improves receive performance of all types of cellular networks Improves coverage, capacity and data throughput Fully integrates with Lucent and Motorola BTS ANF Adaptive Notch Filt
Slide 14: Adaptive Notch Filter (ANF & AOW)
Adaptive Notch Filter (ANF & AOW) Main Diversity Power Controller Scanner/ Repeats for OAM/ Notch diversity BITE filters channel Applied only when interferers present Maximum effective utilization of CDMA Coverage & Capacity Complete 3-sector package Interference Analysis Software CDMA Wireless Mode
Slide 15: RF Components (Standard & Customized)
RF Components (Standard & Customized) Diplexers Transmit Filters Custom Duplexers Multicouplers
Slide 16: Agenda
Agenda Corporate Profile 2005 Progress & Momentum The Expanding Product Portfolio A peak at ‘Growth Engine’ New Products What’s Next—2006 Why Invest in ISCO
Slide 17: Key Criteria for 'Growth Engine' Product Lines
Key Criteria for ‘Growth Engine’ Product Lines Consistent with ISCO’s Strategy RF, interference control, radio link conditioning Leverages existing operator, OEM and indirect channels Extension of existing core competencies BUT… Delivered via highest value added segments Components/modules Enabling
Slide 18: 'Growth Engine' New Products
‘Growth Engine’ New Products “FAST” Filter (Frequency Amplitude Space Time) Dynamic in-band interference elimination Full digital receiver implementation Frequency, amplitude, time and space domains Hardware and embedded “virtual” versions Multiple Air-Interface Multiplexer (“MaXR”) Active RF multip
Slide 19: Agenda
Agenda Corporate Profile 2005 Progress & Momentum The Expanding Product Portfolio What’s Next—2006 Why Invest in ISCO
Slide 20: The Growth Strategy – Business, Markets, Products
The Growth Strategy – Business, Markets, Products Grow the current business top/bottom line Pursue significant ‘niches’ (‘06) “Growth Engine” Products Lines (‘07) RF2 sales & margins >50% US EVDO build out remains Intl. expansion (Mexico, Brazil and China) through partnerships Significantly reduce A
Slide 21: The Growth Strategy – Brand, Team, Culture
The Growth Strategy – Brand, Team, Culture Brand New WEB Site (sample to right) Better, more PR More IR – Attracting Analysts, Institutions Team Managed growth of the Team Additional senior leadership Additional directors – industry experience Culture Fast but needs to be faster Hungry but needs to
Slide 22: Agenda
Agenda Corporate Profile 2005 Progress & Momentum Strategy In-1-Slide The Expanding Product Portfolio What’s Next—2006 Why Invest in ISCO
Slide 23: Why Invest in ISCO International
Why Invest in ISCO International Customer Focused Large addressable wireless markets PCS, iDEN, GSM, UMTS Legacy of Technical Innovation Nimble, Flexible, Focused Highly Tailored Subsystem & Component Solutions Culture of Execution, Excellence & Quality Future Vision: Optimal Wireless. Simplified
ISCO International — Shareholder Meeting (December 2005) on 6ix