Silex Systems Limited · ASX:SLX
Silex Systems — Shareholder Meeting (November 2003)
19 slides from Silex Systems's shareholder meeting presentation, Nov 25, 2003
Slide 1: A Unique Technology Company
A UNIQUE TECHNOLOGY COMPANY
Slide 2: Forward looking statements
Forward looking statements Silex is a research and development company whose assets are its proprietary rights in technologies, including, but not limited to, the SILEX technology, Translucent technology and Fiberbyte technology. Most of the company’s technologies are in the development stage and ha
Slide 3: Our Mission
OUR MISSION : To become a world leader in: » |sotopically Engineered Materials and Applications » ‘Wafer-Scale’ Semiconductor and Photonics Technologies
Slide 4: Our Strategy
OUR STRATEGY : » to accelerate the commercialisation of our technologies, and » to penetrate markets efficiently through alliances with key industry players.
Slide 5: SILEX Technology and Semiconductor/Photonics Divisions
4) SILEX Technology Division Est Market Size (Sydney) uss Nuclear Industry Materials (Uranium, Zirconium) $3,500M Semiconductor industry Materials (Silicon, Carbon) > $1,000M Medical Diagnostic Materials > $100M {Oxygen, Carbon) 2) Semiconductor/Photonics Est Market Size Technology Division USS Sili
Slide 6: SILEX v Existing Technologies
SILEX v Existing Technologies SILEX CENTRIFUGE GAS DIFFUSION INVENTED 1990's 1940's 1940's PROCESS Laser Excitation Mechanical Mechanical {centrifugal force) {compression/diffusion) ENRICHMENT EFFICIENCY 2 to 20 1.25 4,004 ESTIMATED COST 30~$40 70~$80 >$100 PER UNIT (US$) $50~$ 870~$ $ % OF EXISTING
Slide 7: Uranium enrichment market and USEC withdrawal
Urenco Eurodif 44, BA Others 4% 17% GO HB Ges Diffusion Tenex USEC EZ Gas Centrifuge : 33% 25% 16% HEU USEC withdrew from the SILEX uranium project in May 2003 after 6 yrs support. We believe the withdrawal was triggered by pressure from DOE to develop their American Centrifuge Technology, and prese
Slide 8: Silicon, Oxygen and Carbon Enrichment
a) SILICON Enrichment: - (Semiconductor Market) b) OXYGEN Enrichment: (Medical/Military Markets) c) CARBON Enrichment: - (Medical/Semiconductor Markets) technical feasibility demonstrated + efficient enrichment economic feasibility underway — Pilot Plant Program commission Pilot Plant Q1 04 prelimin
Slide 9: Silex Projects Focus on Solutions to Fundamental Semiconductor & Photonics Problems
Silex Projects Focus on Solutions to Fundamental Semiconductor & Photonics Problems * Division grew out of SILEX Technology application to enrich silicon for semiconductor industry. * Projects expanded to encompass potential wafer-scale solutions for a number of critical silicon-based semiconductor
Slide 10: Translucent: Silicon Planar Lightwave Circuits
ucent Silicon Planar Lightwave Circuits (SPLC) ¢ Translucent well positioned to pursue initial opportunity in photonics markets currently worth ~US$4 billion p.a. — April 2001: Silex acquired a 30% interest in Translucent Photonics Inc ~ Palo Alto based start-up for US$5M (~A$9.6M). * The US$5M has
Slide 11: Overview of the Translucent Technology
Overview of the Translucent Technology * 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. GaAs and InP)
Slide 12: Silicon Electron Mobility
Silicon Electron Mobility Silicon ~ very cheap but mediocre electronic performance. SIS aims to increase electron mobility in silicon => higher speed/performance. R&D Program (with Prof. Itoh Group — Keio Uni, Tokyo) aims to demonstrate technical and economic viability by end of 2004. World’s first
Slide 13: Thermal Management
Thermal Management Using enriched Silicon can reduce thermal overload in today’s microprocessors — major problem with 100M transistors per chip. Potentially large market for advanced microprocessors and communications devices — silicon wafer industry > US$6,000M p.a. SILEX — potential to be first ec
Slide 14: Fiberbyte P/L - Adelaide based optical communications company
Fiberbyte P/L - Adelaide based optical communications company. Fiberbyte has two unique technologies: 1. Fibre Optic Test Equipment Technology. 2. “USB Real Time” Communications Platform Technology. Silex has acquired an 83% interest in Fiberbyte in return for A$5M development funding. Aim to make F
Slide 15: Fibre Optic Test Equipment and USB Real Time Technology
1. Fibre Optic Test Equipment (FOTE) Technology: * * * Current world market ~ USS500M p.a. with growth potential. Integral fo development, installation, operation & maintenance of all optical communications equipment and networks. Fiberbyte targeting both the Telco and Aerospace markets with its uni
Slide 16: Human Resources and Financial Resources
HUMAN RESOURCES » Uranium Project -20 Sydney » Stable lsotope Project - 8 Sydney » Translucent - § California » Fiberbyte -13 Adelaide The Silex research teams are world-class, and include 14 PhD’s, 10 Engineers and 14 Technicians. FINANCIAL RESOURCES » Silex has cash of ~ A$36M. » Silex has no sign
Slide 17: Focus on commercialising existing technologies
Focus on commercialising existing technologies identify new uranium project partner Develop initial commercial venture for Translucent Commercialisation decisions - SILEX silicon, oxygen projects. Set Silex on path to be cash flow positive in ~ 2 yrs
Slide 18: Silex - A mission focused technology company
Silex - A mission focused technology company. Excellent Resources - Technical Teams - Facilities ~ Funding Intellectual Property Protection ~ Patent Applications ~ Classification Clear Corporate Strategy - Alliances with industry leaders - Broad exploitation of core technology - Diversification into
Slide 19: SILEX
SILEX A unique company developing technology and advanced materials for the 21S Century. (Please note : picture pages have been omitted from this version of the presentation for brevity. These pictures can be found in the full Investor Presentation on the Company's website).