Brainchip Holdings Ltd. · ASX:BRN
Brainchip — Merger or Acquisition (September 2016)
29 slides from Brainchip's merger presentation, Sep 1, 2016
Slide 1: ASX Press Release: Australian Investor Roadshow Presentation
ASX PRESS RELEASE For personal use only 1 September 2016 Australian Investor Roadshow Presentation BrainChip Holdings Ltd (ASX: BRN) (“BrainChip” or “the Company”), is pleased to release the attached Investor Roadshow Presentation to be made to Australian investors in a roadshow outlining the transa
Slide 2: Spikenet acquisition
For personal use only ASX: BRN Spikenet acquisition September 2016
Slide 3: Disclaimer
Disclaimer For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment de
Slide 4: Overview of BrainChip
Overview of BrainChip ASX: BRN For personal use only BrainChip has developed a revolutionary Spiking Neuron Adaptive Processor (SNAP) technology that learns autonomously and unsupervised, evolves and associates information just like the human brain SNAP technology provides rapid and autonomous learn
Slide 5: Spikenet acquisition summary
Spikenet acquisition summary For personal use only BrainChip has acquired France‐based Acquisition summary Computer Vision Technology Company BrainChip has acquired 100% of Spikenet – Spikenet Technology Technology Spikenet was established in 1999, and Acquisition cost was 10.4 million shares in has
Slide 6: Transaction highlights
Transaction highlights For personal use only Complimentary The combined BrainChip The acquisition provides Expands the BrainChip technology offering with and Spikenet solution an immediate path to offering to include BrainChip focusing on holds the potential to commercialisation for software and har
Slide 7: Technological advantage
For personal use only Technological advantage
Slide 8: Spikenet's breakthrough software
Spikenet’s breakthrough software For personal use only The brain uses the order in which neurons fire spikes to code information – Spikenet mimics this AI BIOLOGY INSPIRED HUMAN VISION STRATEGIES process SPIKENET, A NETWORK OF SPIKES Spikenet’s Technology works similar to ASYNCHRONOUS SPIKING NEURON
Slide 9: The Spikenet advantage
The Spikenet advantage For personal use only Faster Adapts Learning High speed Accuracy deployment to real life capabilities Spikenet can detect Recognition of Software does not Adapts to low Easier to train to more than 5,000 exact image and require a chip to be resolutions, real life recognise vis
Slide 10: Spikenet + SNAP = A game changer?
Spikenet + SNAP = A game changer ? For personal use only Spikenet's software A combined solution is is predicted to become far expected to create a product more effective when it is that is faster, far more supplemented efficient, requires less with BrainChip’s SNAP computing power and is autonomous
Slide 11: Spikenet + SNAP = A game changer?
Spikenet + SNAP = A game changer ? For personal use only Rival advance AI systems like IBM’s True North uses “Deep Learning”. Deep Learning networks don’t actually learn; they need extensive programing to “train” the system how to execute a job function. This is very time and resource consuming. A B
Slide 12: Case study: Shark Detection & ID
Case study: Shark Detection & ID For personal use only Problem Providing an automatic shark detection and identification system that can operate in all water and weather conditions with minimal false positive alerts. Current Use traditional image processing algorithms with systems frame‐based pixel
Slide 13: Case study: Shark Detection & ID
Case study: Shark Detection & ID For personal use only Identify all common species of sharks and Phase 2 use an embedded chip solution to achieve greater speed and efficiency. Create a software solution to automatically Phase 1 detect sharks 1/09/2016 Private & Confidential 12
Slide 14: Technology comparison
Technology comparison For personal use only Estimated time it would take to program a shark detection system using the different technologies Deep Learning System Spikenet only BrainChip/Spikenet 240 man hours to train 10 man Takes 2 man hours hours System would have to run System would run on a Sys
Slide 15: Multiple applications
Multiple applications For personal use only One technology − thousands of poten al solu ons Mobile Devices Facial recognition Manufacturing Airport security Gaming Media analysis Embedded vision Internet‐of‐ sensors Things (IoT) 1/09/2016 Private & Confidential 14
Slide 16: Commercial advantages of acquisition
For personal use only Commercial advantages of acquisition
Slide 17: Commercial benefits
Commercial benefits For personal use only New product Path to Instant Seamless customer opportunities market revenues upgrade path Ability to offer new Immediate commercially A recurring revenue Clear upgrade path for solutions ranging from ready product stream from existing customers looking for a
Slide 18: Spikenet's commercial contracts
Spikenet’s commercial contracts For personal use only Spikenet will bring immediate revenue to BrainChip through existing commercial contracts Bordeaux International Airport Spikenet currently has a contract with Bordeaux International Airport. The Spikenet video surveillance is deployed to watch ov
Slide 19: Spikenet's commercial contracts
Spikenet’s commercial contracts For personal use only Spikenet’s playing card solution, SPADE, is already in use in a number of Las Vegas casinos Gaming table surveillance Spikenet currently deploys its SPADE surveillance solution in numerous gaming locations throughout the world including Las Vegas
Slide 20: Migration path
Migration path For personal use only Software only Low risk and low cost entry point for customers to use SNAP Near term sales opportunities Hardware only Total solution chip that can be embedded into phones, cars etc. Highest performance solution The Spikenet acquisition provides a low risk entry p
Slide 21: Experienced team
Experienced team For personal use only Spikenet brings an experienced team that will assist in the growth of BrainChip Team includes engineers, PhD’s, technicians and neuroscientists with a combined 95 years experience Spikenet’s team are leaders in their field and bolster an already strong US prese
Slide 22: Compelling value acquisition
Compelling value acquisition For personal use only DeepMind Spikenet Nervana Systems Turi Technologies Acquired by BrainChip Intel Apple Inc. Google Technology Artificial vision Intelligent machine Intelligent machine Machine learning and technology based on learning learning platform visual process
Slide 23: Summary
Summary For personal use only Merging of complementary technologies offers potential to create the world’s most technically advanced autonomous learning enabled system Accelerates commercialisation opportunities for BrainChip’s SNAP technology Expands the offering to include software and hardware so
Slide 24: Thank you
For personal use only Thank you Company Contacts: Neil Rinaldi Non‐Executive Director nrnaldi@brainchip.com.au Tel: (+61) 417 178 746 Nerida Schmidt Company Secretary nschmidt@brainchip.com.au www.brainchipincinc.com Media Ben Grubb Media and Capital Partners ben.grubb@mcpartners.com.au Tel: (+61) 4
Slide 25: Appendix
For personal use only Appendix
Slide 26: SNAP's Unique Features
SNAP’s Unique Features ASX: BRN For personal use only Next Generation rapid real time learning, learns autonomously within seconds A revolutionary custom digital hardware design, no traditional processing core, no firmware, no external memory Real time recognition at very low latency Massive paralle
Slide 27: SNAP Solutions Block Diagram
SNAP Solutions Block Diagram ASX: BRN For personal use only Actionable Labeled BrainChip Solution Data SNAP‐64 Core Signal Conditioning Configurable Low Low Power Power SNN SNN Environmental Sensory Data Low Latency Labeling Autonomous Network Feature Extraction Optional Partner IP 26
Slide 28: Unsupervised Learning – The New Frontier
Unsupervised Learning – The New Frontier ASX: BRN For personal use only • 15 March 2016 – Release of Milestone 3 the Autonomous Visual Feature Extraction Neural Network with a Client / Server Application tool • Demonstrated SNAP based Real Time Pattern Learning and Recognition working in a chip (FPG
Slide 29: Marketing Strategy - Partners
Marketing Strategy ‐ Partners ASX: BRN For personal use only 28
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