4ds Memory Ltd. · ASX:4DS
4ds Memory — Investor Presentation (July 2017)
23 slides from 4ds Memory's investor presentation, Jul 17, 2017
Slide 1: A Storage Class Memory Solution in the Making
For personal use only A STORAGE CLASS MEMORY SOLUTION IN THE MAKING. Investor Presentation – July 2017 1
Slide 2: Disclaimer
DISCLAIMER For personal use only IMPORTANT NOTICE: This presentation has been prepared by 4DS Memory Limited. (“4DS” or the “Company”) based on Forward looking statements information available to it as at the date of this presentation. The information in this presentation is provided in summary form
Slide 3: More data created in last two years than in all preceding history
For personal use only MORE DATA HAS DRIVEN BY: BEEN CREATED Mass adoption of mobile devices. IN THE LAST TWO Increasing demand for digital content. YEARS THAN IN Proliferation of cloud based services. ALL PRECEDING Emergence of the Internet of Things. HISTORY. BY 2020: 4X data stored in Flash. 5X da
Slide 4: This data explosion presents huge challenges
For personal use only THIS DATA EXPLOSION PRESENTS HUGE CHALLENGES. The semiconductor industry recognises the challenge and is investing billions of dollars annually on research and development to create a solution. 4
Slide 5: The Challenge
For personal use only THE CHALLENGE. Currently DRAM and Flash are the main technologies utilized today. DRAM is super fast, NAND Flash is slower, expensive & volatile cheaper by the day Both are US$40 billion markets and the and non-volatile technologies are over 30 years old. A new innovation is re
Slide 6: Storage Class Memory
For personal use only STORAGE CLASS MEMORY Combines the best characteristics of DRAM and FLASH STORAGE Storage Memory CLASS HDD Access Time (Sec) NAND Non-Volatile MEMORY. (Flash) PCM Volatile MRAM ReRAM DRAM Emerging as the leading category to extend the SRAM memory hierarchy. Die Cost ($/GB) Battl
Slide 7: The Solution
For personal use only THE SOLUTION. World-leading Silicon Valley based ReRAM developer 4DS is the most advanced Interface Switching ReRAM 18 US patents developed and granted, 5 pending Multiple significant technical achievements 2016/2017 Strategic partnership with Western Digital subsidiary HGST 7
Slide 8: Benefits of 4DS Interface Switching ReRAM
BENEFITS OF For personal use only 4DS INTERFACE SWITCHING RERAM. Breakthrough Storage Class Memory technology. Higher density / scalability Lower power consumption Greater endurance and reliability Faster access speed and performance Ability to retain data Simple manufacturing steps 8
Slide 9: 4DS Memory ReRAM is Unique
For personal use only 4DS MEMORY ReRAM IS UNIQUE. Doesn’t suffer from large random read current fluctuations Suffers from large random read current fluctuations No speed crippling error correction required Requires speed crippling error correction 4DS is not aware of any other ReRAM technology that
Slide 10: Markets for Storage Class Memory
MARKETS FOR For personal use only STORAGE CLASS MEMORY. CLOUD INTERFACE SWITCHING DATACENTERS ReRAM MOBILE DEVICES 10
Slide 11: Joint Development Agreement
For personal use only JOINT DEVELOPMENT AGREEMENT. HGST, is a subsidary of Western Digital Corporation (US$27 billion market cap), the largest global leader in digital storage. Strategic innovator in emerging high growth technologies Commenced in 2014 – Renewed for the 3rd time in July 2017 Collabor
Slide 12: Milestones Required for Commercial Viability
For personal use only MILESTONES REQUIRED FOR COMMERCIAL VIABILITY. 4DS Interface Switching ReRAM has displayed 3 of the 4 key characteristics. ACHIEVED SCALABILITY ACHIEVED ENDURANCE ACHIEVED READ SPEED TESTING DATA RETENTION 12
Slide 13: Achieved Scalability
For personal use only ACHIEVED SCALABILITY 01 4DS achieved working 40nm Interface Switching ReRAM cells for the first time in October 2016 Achieving this milestone significantly de-risks the technology Scalability to 40nm is vital for Storage Class Memory Importantly Interface Switching ReRAM curren
Slide 14: Achieved Endurance
02 For personal use only ACHIEVED ENDURANCE Endurance is another critical feature to ensure application in Storage Class Memory 4DS Interface Switching ReRAM has shown excellent endurance cycling to date The Company has tested over 1000 cells of different sizes Testing demonstrated no failure across
Slide 15: Achieved Read Speed
For personal use only 03 ACHIEVED READ SPEED Achieved comparable DRAM read speed with Interface Switching ReRAM No speed crippling error correction required Both are significant technical breakthroughs Something considered by industry players as unattainable until now Patents are pending to secure I
Slide 16: Testing Data Retention
For personal use only 04 TESTING DATA RETENTION Data retention testing is now the focus of 4DS engineers Initial results are encouraging Results expected mid 4th quarter 2017 Data Retention is targeted between DRAM and Flash 16
Slide 17: Corporate Options
CORPORATE OPTIONS. For personal use only LICENSING ACQUISITION Upon establishing viability of Interface Switching ReRAM, The semiconductor manufacturing and development space 4DS is well positioned to attract additional IP licensing is acquisitive in nature, with many dominant players acquiring deal
Slide 18: Recent Acquisitions
For personal use only USD $19BILLION RECENT ACQUISITIONS. USD $5BILLION USD $685M USD $540M USD $340M Acquirer 2013 2013 2014 2015 2016 18
Slide 19: Milestones to Date / Development Timeline
MILESTONES TO DATE / For personal use only DEVELOPMENT TIMELINE. 4DS ReRam Reaches Read DATA RETENTION Speed Comparable to DRAM Technical evaluation underway Achieves Endurance Milestone Achieves Working Granted Granted Continue fabrication refinements, CORPORATE 40nm ReRam Cells 17th Patent 18th Pa
Slide 20: Board and Management
BOARD AND MANAGEMENT. For personal use only Global expertise founding and building high-tech companies. JIM Dr GUIDO HOWARD DORRIAN ARNOUT DIGBY Non-Executive Chairman CEO & Managing Director Non-Executive Director Served as CEO of several 30+ years in commercialising Former senior roles at IBM, Ado
Slide 21: Capital Structure
For personal use only CAPITAL STRUCTURE. ASX Code 4DS Market Cap (Fully Diluted) $29 Million Ordinary Shares on Issue 845.6 Million Unlisted Options 106.6 Million Cash $3.1 Million – March 2017 Board and Management 8% Top 20 36% 21
Slide 22: Summary
For personal use only SUMMARY. 4DS is developing a breakthrough Interface Switching ReRAM Storage Class Memory solution Significant progress to date – Data Retention studies underway Four year strategic partnership with the leader in digital storage Consistently achieves stated milestones Strong pat
Slide 23: Thank You
For personal use only THANK YOU SILICON VALLEY 3155 Skyway Court Fremont CA 94539 UNITED STATES AUSTRALIA ABN 43 145 590 110 Level 2, 50 Kings Park Road West Perth WA 6005 ASX Code: 4DS AUSTRALIA www.4dsmemory.com david@4dsmemory.com 23