Slide 1: Annual General Meeting
Annual General Meeting November 7th 2007,Sydney, Australia For personal use only Improving circulation and saving lives! www.uscom.com.au The Measure of Life
Slide 2: Chairman
For personal use only C H A I R M A N www.uscom.com.au The Measure of Life
Slide 3: Introduction
Introduction For personal use only Board of Directors: Mr Rob Phillips Mr Paul Butler Mr Bruce Rathie Mr Roman Zwolenski Proxies Received: 8,020,111 shares or approximately 21% of the ordinary shares in USCOM Limited. www.uscom.com.au The Measure of Life
Slide 4: Meeting Agenda
Meeting Agenda For personal use only • Chairman’s presentation • Chief Executive’s presentation • Resolutions: Election of directors Remuneration Report Director’s option plan • Questions www.uscom.com.au The Measure of Life
Slide 5: For personal use only
For personal use only www.uscom.com.au The Measure of Life
Slide 6: Year of Change and Positioning
Year of Change and Positioning For personal use only • International opportunity is great so require international marketing partnership to exploit • Positioning for this change • Board/management changes • Direct discussion with partners • Briefing Merchant banks • Responsible focus on operations a
Slide 7: Year of Change and Positioning: Board and Management changes
Year of Change and Positioning For personal use only Board and Management changes • New CEO - Mr Paul Butler • Relocation of CEO to USA • Two new Board members - • Paul Butler • Bruce Rathie - lawyer and investment banker • New CFO/Secretary - Mr Daniel Fah www.uscom.com.au The Measure of Life
Slide 8: Sales Revenue
Sales Revenue For personal use only Trendline 1200 since listing 1000 $871,000 800 600 $000s 400 200 0 FY 03 FY 04 FY 05 FY 06 FY 07 www.uscom.com.au The Measure of Life
Slide 9: Independent technology assessment
Independent technology assessment For personal use only “Promoted as a noninvasive alternative to the Swan Ganz catheter, this technology from Australian company USCOM Ltd. is nothing short of miraculous. “ http://www.medgadget.com/archives/2007/10/uscom_noninvasive_cardiac_output_monitor.html www.u
Slide 10: Applications
Applications For personal use only • Electrophysiology • Drug trials • Haemodialysis • Burns • Paediatrics • ICU • Heart Failure and Hypertension • Psychiatry • Emergency • Anaesthesia • Pregnancy • Liver transplantation • Animal research (ethical) • Veterinary • Sports Medicine www.uscom.com.au The
Slide 11: Market - ICU alone
Market - ICU alone For personal use only • Department • Total beds* • Worldwide market • Cap value at 25% (USA) estimate penetration, 50%profit (15k,1/10beds) and x20PE • Neonatal ICU • 17,000 beds • $51 million • $128 million • Paediatric ICU • 4,000 beds • $12 million • $30 million • Cardiac Surge
Slide 12: Strategy - Partners
Strategy - Partners For personal use only M&A OR + •X •Y Nippon Co •Z EP ICU, ED, Drugs Paeds Niche VAD Anesth HF, HT, www.uscom.com.au The Measure of Life
Slide 13: Investment opportunity
Investment opportunity For personal use only value • Device • Built and validated • Extensive and compelling endorsements • Global regulatory • Massive multi-sector market • Listed Company with skills • IP commercialisation and engineering • Management • IP • Product pipeline • 29 product patents -
Slide 14: Year of Change and Positioning
Year of Change and Positioning For personal use only • International opportunity is great so require international marketing partnership to exploit • Positioning for this change • Board/management changes • Direct discussion with partners • Briefing Merchant banks • Responsible focus on operations a
Slide 15: Share Price
Year of Change and Positioning For personal use only Share Price • Start/finish - $0.45 to $0.39 • Year range - $1.00 to $0.34 • Year vol - 3,098,293 ($1,610,920) • Vol weighted index 07 - $0.52 www.uscom.com.au The Measure of Life
Slide 16: Share Price
Year of Change and Positioning For personal use only Share Price • Will be based on performance - opportunity • Challenges • Early stage biodevice Co • Australian listing • Tightly held register • Small Cap • Bull market • Variable share price on small volumes www.uscom.com.au The Measure of Life
Slide 17: Science and IP - Adding value
Science and IP - Adding value For personal use only has significant value in scientific evidence and patent protected IP 56 presentations this year 112 presentations in total Be written as standard of clinical care More evidence for presentation in the coming year Evidence for re-imbursement…. www.u
Slide 18: Science and IP - Adding value
Science and IP - Adding value For personal use only has significant value in patent protected IP 32 separate patent cases directed to particular technologies 3 granted patents 4 new cases added this year Peter Treloar, Patent Attorney, Uscom 2007 Patent Report Building a product pipeline…. www.uscom
Slide 19: Science and IP - Adding value
Science and IP - Adding value For personal use only Patent No Description Application Jurisdiction USCOM 6565513 Intracardiac CW Doppler Core Patent US USCOM 99928885.5 Intracardiac CW Doppler Core Patent Europe USCOM 7235053 Pediatric algorithm Pediatrics US Core Patent The use of CW Ultrasound, tr
Slide 20: Science and IP - Adding value
Science and IP - Adding value For personal use only Patent Description Application USCOM Intracardiac CW Doppler Core Patent OxiCom Flow and Oximetry Anaesthesia and ED ElectroCom CO for pacemakers Electrophysiology PressureCom NIBP and flow Real time SVR TonoCom Tonometry and flow Real time pressur
Slide 21: Year of Change and Positioning
Year of Change and Positioning For personal use only • International opportunity is great so require international marketing partnership to exploit • Positioning for this change • Board/management changes • Direct discussion with partners • Briefing Merchant banks • Responsible focus on operations a
Slide 22: Paul Butler, Chief Executive
For personal use only Paul Butler Chief Executive www.uscom.com.au The Measure of Life
Slide 23: CEO Presentation
CEO Presentation For personal use only • Sales Update • Market Strategy • Product Development • Financials www.uscom.com.au The Measure of Life
Slide 24: Revenue
Revenue For personal use only 1200 2000 1800 1000 1600 1400 800 1200 600 1000 800 400 600 400 200 200 0 0 FY 06 FY 07 FY 06 FY 07 Product Total www.uscom.com.au The Measure of Life
Slide 25: Sales Revenue
Sales Revenue For personal use only 600 200 500 150 400 300 100 200 50 100 0 0 FY 06 FY 07 FY 06 FY 07 Australia North Asia 350 140 300 120 250 100 200 80 150 60 100 40 50 20 0 0 FY 06 FY 07 FY 06 FY 07 USA Europe www.uscom.com.au The Measure of Life
Slide 26: Strategy - USA
Strategy - USA For personal use only • Focus • Build relationships • Increase sales and decrease cost • Arizona, Michigan and California • Conferences • Platform for Scientific publications • Access Leads and Market Exposure • Distribution Partner • Primary Goal • Distribution, Development and Inves
Slide 27: Strategy - Australia
Strategy - Australia For personal use only • Focus • Build team • Ensure adequate support/management attention • Expand regional network • Leverage off existing sales • Importance • Post Purchase Reinforcement • Direct link for the development team • Re-imbursement www.uscom.com.au The Measure of Li
Slide 28: Strategy - Europe
Strategy - Europe For personal use only • Changes • New Distributors in Austria and Turkey • Increase sales and decrease cost • Focus • Develop direct relationships in the UK • Build on breakthrough sales in Germany • Establish and grow new channels • Maintain presence at conferences • Manage Costs
Slide 29: Strategy - Asia
Strategy - Asia For personal use only • Focus • Support PMS • Uscom User Grand Rounds • Leverage off initial Customer Sales in Korea and Taiwan • Expansion • Overcoming market hurdles in China • Enter the market in Singapore and Malaysia and Thailand www.uscom.com.au The Measure of Life
Slide 30: Product
Product For personal use only • Product Improvement • Expand Product Offering • Prioritise Development Pipeline • Regulatory Approval www.uscom.com.au The Measure of Life
Slide 31: Financials
Financials For personal use only • Moderate Revenue Growth • Tight Cost Controls • Revenue Kick through Marketing Alliance • Build platform to Support Channels • Support from CFO www.uscom.com.au The Measure of Life
Slide 32: Q1 Cash (Appendix 4C)
Q1 Cash (Appendix 4C) FY 08 For personal use only Net cash outflow $791,226 Cash receipts $178,868 Cash in hand at 30 Sep 07 $3,568,876 www.uscom.com.au The Measure of Life
Slide 33: Summary
Summary……. For personal use only • Strong USA Partnership • Improve Cash Position • Strengthen Total Product Offering • Reduce Cost Base • Be Recognised as a Standard of Care • Build the Platform for Future Growth Strong business with global opportunity….. www.uscom.com.au The Measure of Life
Slide 34: Year of Change and Positioning
Year of Change and Positioning For personal use only • • CEO relocated to USA www.uscom.com.au The Measure of Life
Slide 35: Chairman
For personal use only C H A I R M A N www.uscom.com.au The Measure of Life
Slide 36: Resolutions
Resolutions For personal use only Information relating to Resolutions included in the Notice of Meeting, dated 3rd October 2007 Resolution 1 - Election of Roman Zwolenski Resolution 2 - Election of Bruce Rathie Resolution 3 - Election of Paul Butler Resolution 4 - Remuneration Report Resolution 5 -
Slide 37: Resolutions: Allocation of Proxies
Resolutions For personal use only ALLOCATION OF PROXIES: The Chairman intends to vote in favour of all resolutions. FOR AGAINST ABSTAIN 1. Election of Roman Zwolenski 7,432,618 1,500 13,500 2. Election of Bruce Rathie 7,439,118 1,500 7,000 3. Election of Paul Butler 7,447,118 1,500 0 4. Remuneration
Slide 38: Resolution - Election of Roman Zwolenski
Resolutions For personal use only Resolution 1 - Election of Roman Zwolenski To consider and, if thought fit, to pass the following resolution as an ordinary resolution of the Company: ‘That Mr Roman Zwolenski who retires by rotation in accordance with rule 6.4 of the Company's constitution and, bei
Slide 39: Resolution - Election of Bruce Rathie
Resolutions For personal use only Resolution 2 - Election of Bruce Rathie To consider and, if thought fit, to pass the following resolution as an ordinary resolution of the Company: ‘That Mr Bruce Rathie is elected as a Non-executive Director of the Company.’ www.uscom.com.au The Measure of Life
Slide 40: Resolution - Election of Paul Butler
Resolutions For personal use only Resolution 3 - Election of Paul Butler To consider and, if thought fit, to pass the following resolution as an ordinary resolution of the Company: ‘That Mr Paul Butler is elected as an executive Director of the Company.’ www.uscom.com.au The Measure of Life
Slide 41: Resolution - Remuneration Report
Resolutions For personal use only Resolution 4 - Remuneration Report To consider and, if thought fit, to pass the following non-binding resolution as an ordinary resolution of the Company: ‘That the Company’s Remuneration Report which is set out on pages 16 to 20 of the 2007 annual report be adopted
Slide 42: Resolution - Directors share option plan
Resolutions For personal use only Resolution 5 - Directors share option plan To consider and if thought fit, to pass the following resolution as an ordinary resolution of the Company: ‘That approval be given to the issue of options to the Directors under the Uscom Employees Share Option plan.’ www.u
Slide 43: Questions
Questions For personal use only www.uscom.com.au The Measure of Life
Slide 44: The measure of life.
For personal use only The measure of life. www.uscom.com.au The Measure of Life