Vislink Technologies, Inc. · OTC:VISL
Vislink Technologies — xG Technology — IPO Roadshow (November 2013)
19 slides from Vislink Technologies's IPO roadshow presentation, Nov 4, 2013
Slide 1: Road Show Presentation: Solving the Spectrum Crisis
xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Road Show Presentation Solving the Spectrum Crisis Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration No. 333 - 191867 November 1, 2013
Slide 2: Free Writing Prospectus Disclosure
2 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Free Writing Prospectus Disclosure Link to documents on www.sec.gov On November 1, 2013, the issuer, xG Technology, Inc., filed a Registration Statement on Form S - 1/A Amendmen
Slide 3: Safe Harbor Statement
3 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Safe Harbor Statement Certain statements contained in this material are forward - looking statements. These forward - looking statements are based on the current expectations of
Slide 4: Offering Summary
4 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Offering Summary Issuer xG Technology, Inc. Ticker NASDAQ: XGTI Offering Size Approximately $10 million (15% over-allotment) Securities Offered Common Stock Use of Proceeds Work
Slide 5: About xG Technology
5 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com About xG Technology THE COMPANY • 10 years experience developing wireless communications technologies • Headquartered in Sarasota, FL; engineering facilities in Fort Lauderdale,
Slide 6: Management Team
6 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Rick Rotondo VP Marketing • Cofounder, Spectrum Bridge • Motorola, Lucent, Mesh Networks Chris Whiteley VP Bus. Dev. • 10+ years wireless networking • @Link Networks Management
Slide 7: Problem: Wireless demand will far exceed capacity
7 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Source: Rysavy Research Problem Wireless demand will far exceed capacity in only three years time • Global mobile data traffic will increase 18X from 2011 to 2016 , 50% CAGR by
Slide 8: Cognitive Radio Solution
8 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Cognitive Radio Solution xMax ‘sees through’ the spectrum clutter, eliminates interference, and allows optimal use of licensed and unlicensed spectrum Solution: xMax systems fro
Slide 9: Leader in Cognitive Radio
9 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com System on a Chip Extent of Competitors’ Cognitive Radio Technology xG’s Cognitive Radio Network Solution 2016 2014 2013 2012 2011 2008 MANET (Mobile Ad - Hoc Network) Variable C
Slide 10: Cumulative Addressable Market = $35B
10 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Rural Telcos - $1.2B Time to Market Penetration LTE - $2B Cable - $3B Incumbent Carriers - $13B Cumulative Addressable Market = $35B = markets xG has received orders DoD/Public
Slide 11: Key Milestones Since July NASDAQ Listing
11 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com • Key Supplier Relationships Now Online – Validated circuit board assemblies from key supply chain partners • Completed Internal Production Run of xMax Equipment – Tested and c
Slide 12: Market Development
12 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Market Development 2013 Current
Slide 13: Backlog: $35.24M
13 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com DoD/PUBLIC SAFETY/DHS DHS $6M RURAL TELECOM $18.3M OTHER $10.9M TELEMEDICINE Booked business secured by purchase order or purchase contract Backlog: $35.24M
Slide 14: Steps to Fulfilling Backlog
14 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Steps to Fulfilling Backlog • Order Inventory • Set up Contract Manufacturing • xG to initially run in parallel with CM • Tropical Assemblies selected as primary CM with Profab
Slide 15: Beyond the Backlog
15 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Beyond the Backlog • Continued Advancement in Products • New features - self - organizing networks, higher data rates, new frequencies • Expand intellectual property portfolio
Slide 16: Weekly Field Engagements
16 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Weekly Field Engagements • Nov 5 th - Dept. of Commerce Innovative Spectrum Technology Day Demonstration (Washington, DC) • Nov 7 th - NYC Office of Emergency Management Field
Slide 17: Capitalization Table
17 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Capitalization Table (1) Assumes 3,533,569 shares priced at $2.83/share Security As of Nov 1, 2013 Pro Forma Post Offering % Fully Diluted Common Shares 12,645,138 12,645,138 6
Slide 18: Pro Forma Balance Sheet
18 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Pro Forma Balance Sheet 16,538 authorized, 14,333,195 shares issued and outstanding, pro forma as adjusted
Slide 19: Income Statement
19 xG® and xMax® are registered trademarks of xG Technology, Inc. Copyright 2013, All Rights Reserved. www.xgtechnology.com Income Statement