Pro Medicus, Ltd. · ASX:PME
Pro Medicus — Shareholder Meeting (November 2005)
32 slides from Pro Medicus's shareholder meeting presentation, Nov 4, 2005
Slide 1: AGM 2005 — Chairman's Address
Pro Medicus — AGM 2005 — Chairman’s Address Promedicus:
Slide 2: Year in Review
Pro Medicus - Year in Review 2004/05 — a most successful year Major milestones achieved Well placed for expansion Vv V WV W Share price increase from $1.05 to $1.50 Promedicuss
Slide 3: Financials — FY2005
Financials —FY2005 Revenue $10.816 Million (+ 28.7%) > Profit after tax of $5.493 (+ 53.6%) > EPS 5.5c (+53%) >» Franked DPS 4.75c (+36%) Shareholders equity $12.8M Promedicuss
Slide 4: Board Strategy
Pro Medicus - Board Strategy = Best of breed in radiology systems 1st in field in digital systems integration Australian AGFA alliance VV WV WV Offshore expansion UK with client Canada with ALTAPACS USA with AGFA Acquisitions if appropriate
Slide 5: Poised for Growth
Pro Medicus - Poised for Growth Digital wave in Australia 22 practices working in Canada USA reference site validated VV WV WV Strong Balance Sheet - Debt free - 10.4M cash Special dividend in recognition Promedicuss
Slide 6: FY06 1st Quarter
Pro Medicus - FY06 15* Quarter Strong start to FY 06 year > Revenue flows from Canada and USA > Good prospects both locally and internationally
Slide 7: Outstanding Matters
Pro Medicus — Outstanding Matters UIA UAE ELLA EWE) aaiie TT qe 1350 | / 43 12 { | 412 ih » Continue search for acquisitions i Al A fy 1050 7 fo i | f\ y dn > Improve stock liquidity to reduce i if ® volatility and allow value to emerge. $a i 48 5000) S000 i i . 000) rill} 1000 ‘0 x IK i a ons oe Ce
Slide 8: AGM 2005 — CEO Presentation
Pro Medicus — AGM 2005 — CEO Presentation Promedicus:
Slide 9: Company Highlights — FY2005
Company Highlights — FY2005 > Landmark North American Agfa agreement >» $2.6. Million Canadian deal » Over 19,000 doctors on promedicus.net » Transaction numbers grow by 13% pcp » Increased penetration of digital imaging » ProMed Clinical installed in broad range of practices Promedicuss
Slide 10: Digital Imaging Integration
Pro Medicus — Digital Imaging Integration Promedicuss
Slide 11: Digital Imaging Integration
Pro Medicus — Digital Imaging Integration Proomedicuss omator ansati tmse Sy. Sb @ Eee ectueh Fits Promediouss Page 11 Fa BROKER, AGA WE Ag G30 SHAVER ORACLE SEAVER Promedicuss
Slide 12: Integrated Digital Radiology
Promedicus 3 Pro Medicus Integrated Digital Radiology Modality Worklists —— = : : Internet/Promedicus.net BICOM Hospital [HIS] Web 1000 Talk Technology [voice recognition] Promedicus: Ds 3000
Slide 13: Digital Imaging Integration: Efficiency benefits
Pro Medicus — Digital Imaging Integration Efficiency benefits >» Increased radiologist and radiographer productivity » Maintain or improve current front desk efficiency >» Improved equipment utilisation >» Reduce film, courier and storage costs
Slide 14: Digital Imaging Integration: Grow the business
Pro Medicus — Digital Imaging Integration Grow the business » First to market advantage » Attract & retain key staff >» Reproducible model for business expansion
Slide 15: Digital Imaging Integration: Network effect
Pro Medicus — Digital Imaging Integration Network effect » Workload balancing >2™ opinions »Clinical special interest/education groups >Web distribution
Slide 16: The tighter the integration, the greater the benefit
Pro Medicus — Digital Imaging Integration “The tighter the integration - the greater the benefit” * Level 1 - broker (industry standard) * Level 2 - PM brokerless * Level 3 ~ PM 3rd generation
Slide 17: Digital Imaging — FY2005
Digital Imaging — FY2005 i . Significant growth opportunity — currently small % of practices fully digital. > Increased momentum in move to digital > Recent sale to flagship North Shore Private > New site to become key reference site. 17 Sites and growing — local market leader
Slide 18: Promedicus:
li Promedicus:
Slide 19: Agfa US Deal - Summary
i> Agfa US Deal - Summary * Exclusive 3 year deal * Covers all of US & Canada * Private Imaging Centre/Community Hospital Market ° Market over 25 times the size of Australia _Promedicus: AGFA » Leaders in digital Imaging Paee mare bdo more j
Slide 20: The Imaging Centre Market
? The Imaging Centre Market U.S. Imaging Sales Zones (STATE (COUNT i 83 vin ate AGFA & » Paee mare bdo more j Leaders in digital Imaging
Slide 21: Why Imaging Centre Market
> Why Imaging Centre Market f HealthCare * Similarities to Australian Private practice * Billing/Practice Management focused. *Legal requirement to store images *On the cusp of going digital * Key growth market for Agfa . _Promedicus: > AGFA @ ~* Leaders in digital Imaging Paee mare bdo more j
Slide 22: Agfa US Deal - Summary
i> Agfa US Deal - Summary _ * Estimated $10M minimum revenue over 3 years ¢ Opens up further opportunities * Significant Upside — potential to double business * Company transforming deal _Promedicus: AGFA ~ Leaders in digital Imaging Paee mare bdo more j
Slide 23: Agfa US Update
: > Agfa US Update * 4st shown at RSNA in December 2004. ¢ Key reference sites installed and working July. | 2005 SoS * Clinical validation September 2005. * Commercially released throughout the US. _Promedicus: > AGFA » Leaders in digital Imaging Paee mare bdo more j
Slide 24: Agfa US Update
: > Agfa US Update * Large US Agfa Sales force. ¢ New specialised Imaging Centre sales team ¢ Product seen as differentiator * Strong evidence of pent up demand 4 _Promedicuss _—__ AGFA »~ Leaders in digital Imaging ; Paee mare bdo more j
Slide 25: Agfa US Update
: > Agfa US Update ¢ Revenue from sales to start in 1S half 2006 * Building in 2"¢ half 2006 through into 2008 * US service revenue to commence 2™ half 2006 * Service revenue to build 2007 onwards 4 _Promedicuss _—__ AGFA «= Leaders in digital Imaging ; Paee mare bdo more j
Slide 26: Promedicus:
li Promedicus:
Slide 27: $2.6 million upfront licence fees
$2.6 million upfront licence fees 18! site installed mid December 2004 10 sites installed in May 2005 All 22 sites now installed... So AGFA ~ Paee mare bdo more j Leaders in digital Imaging
Slide 28: Canadian AltaPACS Update
: > Canadian AltaPACS Update ¢ Balance of Licence revenue in 2006 * Service revenues to flow in FY2006 * Excellent opportunities for expansion within group. * Positions offering for other groups in Canada 4 _Promedicuss _—__ AGFA & x Leaders in digital Imaging ; Paee mare bdo more j
Slide 29: Canadian AltaPACS Update
> Canadian AltaPACS Update fl HealthCare * Alberta Government announces CA $189M for digital imaging over next 3 years * Grant to private and public radiology * AltaPACS one of the largest groups in Alberta ¢ AltaPACS to receive grant funding — * Significant potential opportunities for-PME with Alta
Slide 30: GP Desktop — ProMed Clinical
GP Desktop — ProMed Clinical > New clinical/EMR product line > Significant advantages over current market leader » Long term strategy to address GP Desktop » Ability to leverage 19,000 plus doctors using promedicus.net
Slide 31: Growth Strategy 2006
Pro Medicus — Growth Strategy 2006 Promedicus: Digital Imaging promedicus.net US & Canada ProMed Clinical Promedicus:
Slide 32: AGM 2005 Summary
Pro Medicus — AGM 2005 Summary te | | {8 I f « % 2005 best financial results in company’s history i! LAY ae ne "> Formed solid base for future growth t Rick ‘ a laf A y » » Digital Imaging, US & Canada and long term x x at a strategy to address GP Desktop il : il * » Solid start to FYO6 with strong