Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Intellicheck Mobilisa — Investor Presentation (November 2014)
22 slides from Intellicheck's investor presentation, Nov 7, 2014
Slide 1: Presentation to Investors
Presentation to Investors William H. Roof, Ph.D., CEO Bill White, CFO Robert Williamsen, SME Intellicheck Mobilisa Proprietary 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement • Certain statements in this presentation constitute forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , as amended . Words such as "will," "believe," "expect," "anticipate“, "encouraged" and similar expressions, as they rel
Slide 3: Company Overview
Company Overview • Recognized as the Leader in Driver License Scanning, Identification and Verification Technologies • NYSE MKT: IDN • Founded in 1994, IPO in 1999 • Intellicheck and Mobilisa merged in 2008 • Headquartered in Washington State • East Coast office in Jericho, NY • We count Fortune 500
Slide 4: Management Team
Management Team Bill White Chief Financial Officer Russell Embry Chief Technology Officer William H. Roof, MBA, Ph.D . President and CEO Robert Williamsen Subject Matter Expert Consultant Intellicheck Mobilisa Proprietary 4
Slide 5: Our Business
Our Business • Our core business is to verify and validate persons’ identities in support of – Enhanced Safety • Safeguarding personal identity information • Physical Safety – Regulatory Compliance • Automated application of individual State personal information laws • Automated age verification – F
Slide 6: Our Vision
Our Vision • We will move our technologies to new markets that will benefit from enhanced safety, regulatory compliance and fraud prevention. • We will move our technologies to the web to provide enhanced safety, regulatory compliance and fraud prevention for the billions of transactions that occur
Slide 7: Our Identification (ID) Technology
Our Identification (ID) Technology • Software that scans/extracts information from driver licenses (DL) and other ID forms containing 1D/2D barcodes and magnetic stripes – Eliminates human error caused by manual data entry, interpretation and re - entry • Protected by 19 Patents: 16 US, 2 Canadian,
Slide 8: Identification Technology Background
Identification Technology Background • Intellicheck Mobilisa has strong business relationships with Departments of Motor Vehicles (DMV) in all 50 US States • Each State DMV shares its unique state electronic format with us so that we can verify driver license format compliance when we scan the drive
Slide 9: Our Identification (ID) Technology
Our Identification (ID) Technology • We developed and maintain the nation’s largest ID card development library • Our latest product releases require our Software as a Service (SaaS) model to generate recurring revenues and minimize support costs • We are developing a “sunset” strategy for our older
Slide 10: Existing and Potential Markets
Existing and Potential Markets Existing Markets • Financial – Credit card application – Fraud prevention • Hospitality – Hotel check - in – Customer loyalty application – Fraud prevention • Homeland Security – Transportation Worker Identity Credential (TWIC) • National Defense – Military Base access
Slide 11: Initiatives
Initiatives • New Pricing Models – Focus on recurring revenues – Revenue sharing for larger, recognizable customers who will partner with us and sell into their channels – Less complex accounting and accounts payable for customers to manage • New Markets – Education – Emergency/Disaster Management –
Slide 12: Initiatives
Initiatives • Re - Branding – Standardize product naming based upon easily recognizable common theme – Generate market awareness and reputation for quality • Business Relationships – Mentor/Protégé relationship with large businesses in accordance with the US Small Business Administration’s existing
Slide 13: New Market: Education
New Market: Education • Projected US Market Size: $ 526,266,333 annual recurring revenues (K - 12 only) – 5% Market Share: $26,313,333 annual recurring revenues • It is important to know who is entering the school – Restraining orders – Sex offenders – Wanted and/or dangerous criminals • Visitor Bad
Slide 14: New Market: Emergency/Disaster Management
New Market: Emergency/Disaster Management • Projected US Market Size: $ 744,151,140 (does not include National Guard) – 5% Market Share: $37,207,557 annual recurring revenues • New, unique process for triage of large numbers of injured people focusing on identification, location, condition and medic
Slide 15: New Market: Healthcare
New Market: Healthcare • Projected US Market Size: $ 139,741,956 annual recurring revenues (only civilian ER and Urgent Care facilities) – 5% Market Share: $6,987,097 annual recurring revenues • Accurate patient admission data ensures accurate treatment • Eliminates manual form - fills by elderly, s
Slide 16: New Market: Law Enforcement (re-start)
New Market: Law Enforcement (re - start) • Projected US Market Size: $530,469,000 annual recurring revenues (Federal, State and Local LE) – 5% Market Share: $26,523,450 annual recurring revenues • We will re - start our law enforcement initiatives – Bring in Subject Matter Experts (SME) to help us r
Slide 17: New Market: Online Identity Verification
New Market: Online Identity Verification • Projected US Market Size: $ 380,016,000 annual recurring revenues (transaction model) – 5% Market Share: $19,000,800 annual recurring revenues • Provide second method for verifying consumer’s identity when making online purchases – Reduces online fraud and
Slide 18: Summary: Annual Market Potential
Summary: Annual Market Potential, 5% Share Estimated at $166,887,237 Existing Markets $50,855,000 • Base Security – $2,670,000 • Compliance – $37,200,000 • Hospitality – $4,335,000 • Port Security – $6,650,000 New Markets $116,032,238 • Education – $26,313,333 • Emergency/Disaster Management – $37,2
Slide 19: Q3 Financial Highlights
Q3 Financial Highlights • Revenue $3.2M • EBITDA $445K • Net Income $328K • Operating Expenses $1.7M • Gross Margin 62.6% Intellicheck Mobilisa Proprietary 19
Slide 20: Revenue: Previous Months
Revenue: Previous 12 Months Intellicheck Mobilisa Proprietary 20 0 500 1000 1500 2000 2500 3000 3500 2013 Q4 2014 Q1 2014Q2 2014Q3 REVENUE
Slide 21: Bookings: Previous Months
Bookings: Previous 12 Months Intellicheck Mobilisa Proprietary 21 0 500 1000 1500 2000 2500 3000 3500 2013 Q4 2014 Q1 2014Q2 2014Q3 Bookings
Slide 22: Summary
Summary • Our core business is to verify and validate persons’ identities in support of – enhanced safety – regulatory compliance – fraud prevention • We will move our technologies to new markets that will benefit from enhanced safety, regulatory compliance and fraud prevention. • We will move our t
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