Slide 1: Mobile Innovations
Mobile Innovations Presented by President & Chief Executive Officer | Smith Micro Software, Inc. William W. Smith, Jr.
Slide 2: Forward-Looking Statements
Forward-Looking Statements During the course of this presentation we may make forward-looking statements that involve risks and uncertainties, including without limitation statements concerning our financial prospects and projections, gross margin and income, the competitive factors affecting our bu
Slide 3: We develop mobility software products for the wireless market
We develop mobility software products for the wireless market
Slide 4: Our Technology: Connectivity. Security. Multimedia. Device Management.
Our Technology.... Connectivity. Security. Multimedia. Device Management.
Slide 5: Behind the Biggest Brands
ls Behind the Biggest Brands verizonwireless D@LL Sprint Satat clear BT@ DY Bo CoMo (Mais HUAWel
Slide 6: Financial Overview: Revenue Q1 2005 - Q3 2008
Financial Overview: Q1 2005 - Q3 2008 Revenue (Millions of Dollars) Revenue (Millions of Dollars)
Slide 7: Financial Overview: Pro Forma Gross Margin
Financial Overview: Q1 2005 - Q3 2008 Pro Forma Gross Margin (Millions of Dollars) Pro Forma Gross Margin (Millions of Dollars)
Slide 8: Financial Overview: Pro Forma Operating Income
Financial Overview: Q1 2005 - Q3 2008 Pro Forma Operating Income (Millions of Dollars) Pro Forma Operating Income (Millions of Dollars)
Slide 9: Company Overview: Years of Consecutive Record Revenue Growth
Company Overview 4 Years of Consecutive Record Revenue Growth (Millions of Dollars) (Millions of Dollars) (Millions of Dollars)
Slide 10: 2008 Annual Revenue Guidance Between $95 million & $105 million
2008 Smith Micro Provided Annual Revenue Guidance Between $95 million & $105 million Our performance places us in the middle of this range
Slide 11: Smith Micro Worldwide Customers
Smith Micro Worldwide Customers We have become a strategic partner in the development of new products for leading wireless carriers, enterprises and OEM and device manufacturers, energizing our customers' growth.
Slide 12: Smith Micro Worldwide Customers
Smith Micro Worldwide Customers
Slide 13: Presence in High Growth Sectors: Cellular Wireless Modem Shipments
Presence in High Growth Sectors Cellular Wireless Modem Shipments by Device Type Cellular Wireless Modem Shipments by Device Type Source: 2008 ABI Research
Slide 14: Presence in High Growth Sectors: Global WiMAX Market Growth Forecast
Presence in High Growth Sectors Global WiMAX Market Growth Forecast (Millions of Subscribers) Global WiMAX Market Growth Forecast (Millions of Subscribers) Source: 2008 ABI Research
Slide 15: Clearwire Selects Smith Micro Connection Manager
Clearwire Selects Smith Micro Connection Manager Deployment represents the first nationwide rollout of Smith Micro's WiMAX solution
Slide 16: News Today-Livewire New Customer Announcement
News Today-Livewire New Customer Announcement Smith Micro delivers new PC Multimedia Manager to expand Livewire music services
Slide 17: Motorola Selects Smith Micro Connection Manager
Motorola Selects Smith Micro Connection Manager WiMAX Connection Management software marketed under the Motorola brand and customized to support all Motorola devices on Motorola networks for WiMAX customers around the world
Slide 18: A Complete Portfolio of Solutions, Products & Technology
Connectivity & Security Productivity & Graphics Multimedia & Convergence A Complete Portfolio of Solutions, Products & Technology
Slide 19: A Complete Portfolio of Solutions, Products & Technology
Connectivity & Security Productivity & Graphics Multimedia & Convergence A Complete Portfolio of Solutions, Products & Technology
Slide 20: Portfolio of security and network connectivity applications
An unrivalled portfolio of security and network connectivity applications for laptop and mobile devices.
Slide 21: Connectivity & Security Highlights
Connectivity & Security Highlights We are the market leader in Connectivity software We are broadening our customer base, expanding our reach into PC manufacturing world, as evident with our recent Dell and Clearwire customer announcements Demand for Connectivity and Security products is strong with
Slide 22: We Bring Value to Connection Management
We Bring Value to Connection Management Connection manager is a platform for adding value added services A single "branded" connection manager reduces customer service expense and drives customer loyalty Standardizing on a connection manager offers the ability to leverage buying power Increased conn
Slide 23: Engine of Growth
Engine of Growth Connectivity & Security group grew from $8 million in Q3 07 to $16.6 million in Q3 an increase of 107% Connection & Security product line Pro Forma Gross Margins in Q3 08 were 95% (CHART)
Slide 24: Device Solutions & Multimedia Converge to Create New Mobility Solutions
Connectivity & Security Productivity & Graphics Multimedia & Convergence Device Solutions & Multimedia Converge to Create New Mobility Solutions
Slide 25: The Future
The Future An exploding culture of connectivity is not that far away. Every day, more and more people depend on mobile devices and applications that keep them connected. The boundary between work and personal connectivity is almost nonexistent. Our vast technology resources and product development s
Slide 26: Trends Driving Mobile Convergence
Trends Driving Mobile Convergence 2008: 41M 2013:757M Increasing Wireless Data Subscribers* 2.5G: 25 Kbps 4G: 5000 Kbps Increasing Wireless Bandwidth * Source: ABI Research, "Cellular Modems and Mobile Broadband Connectivity, 2Q 2008
Slide 27: Trends Driving Mobile Convergence
Trends Driving Mobile Convergence 2008: 41M 2013:757M Increasing Wireless Data Subscribers* 2008: Phones and PCs 2013: Home entertainment, cameras, appliances, cars Proliferation of Connected Devices 2.5G: 25 Kbps 4G: 5000 Kbps Increasing Wireless Bandwidth * Source: ABI Research, "Cellular Modems a
Slide 28: The Synergy of Our Technology Portfolio
The Synergy of Our Technology Portfolio
Slide 29: Brings New Mobility Solutions to Play
Brings New Mobility Solutions to Play
Slide 30: Brings New Mobility Solutions to Play
Brings New Mobility Solutions to Play
Slide 31: Brings New Mobility Solutions to Play
Brings New Mobility Solutions to Play
Slide 32: Brings New Mobility Solutions to Play
Brings New Mobility Solutions to Play
Slide 33: Brings New Mobility Solutions to Play
Brings New Mobility Solutions to Play
Slide 34: More Connections To More Networks...To More Devices...To More Places
More Connections To More Networks...To More Devices...To More Places
Slide 35: Looking at Today's New Mobility Solutions
Looking at Today's New Mobility Solutions Drives subscriber media purchases, network usage and customer loyalty Introduced on Sprint's Instinct multimedia mobile phone New opportunities are emerging for multimedia products combined with our device solutions and connectivity technologies that we are
Slide 36: Convergence Applications for Mobile Devices
Convergence Applications for Mobile Devices Due to increase network traffic, wireless carriers are seeking solutions to off load voice and data traffic to WiFi networks while maintaining call continuity Subscribers seek technology solutions like this to save money Brasil Telecom the largest wireless
Slide 37: Mobility Solutions
Mobility Solutions Controls customer care costs Improves the subscriber experience on the device Deliver targeted content, applications and services based on subscriber information The business is driven through our strong strategic relationships with HTC and Huawei A comprehensive client/server sof
Slide 38: Productivity & Graphics: Innovative Solutions to Consumers
Connectivity & Security Productivity & Graphics Multimedia & Convergence Productivity & Graphics Focus on Bringing Innovative Solutions to Consumers
Slide 39: Productivity & Graphics
Productivity & Graphics Smith Micro has built a vast consumer and online publishing distribution channel. Our consumer software revenue grew nearly 100% year over year
Slide 40: The Smith Micro Opportunity
The Smith Micro Opportunity
Slide 41: Successful Track Record
Successful Track Record We are either the leading provider or a strong player in all our business segments We have an unrivalled Connectivity & Security product line IP Portfolio is strong on innovation-we own 15 patents We have a growing global customer base In Q4 08 alone, we signed over a half do
Slide 42: Smith Micro Performance Highlights
Smith Micro Performance Highlights 5 years of revenue growth, cumulative total of 917%* Connectivity & Security product line has grown 100% Y-O-Y International revenues have grown to 10% of company revenue Gross Margins increased to >80% in Q3 2008 Strong Cash flow. Our first 3 quarters adjusted cas
Slide 43: Growing Our Business In 2009
Growing Our Business In 2009 We expect to grow despite the challenging economic environment We expect to see traditional seasonality in our business with Q1 & Q2 being our weakest quarters and Q3 & Q4 being our strongest quarters We expect to see growth in existing and new customer segments Carriers
Slide 44: Growing Our Business In 2009
Growing Our Business In 2009 We are entering 2009 with a strong pipeline of new customers, and new channel penetration Given the current recessionary climate, we expect modest growth from existing customers, but expect new revenue streams driven by our Q4 customer wins, as well as new 2009 customer
Slide 45: 2009 Annual Revenue Guidance
At This Time... 2009 Annual Revenue Guidance Is Projected To Be Between $110 million & $115 million We will update our guidance Quarterly given the uncertain global economic outlook for 2009
Slide 46: Thank You
Thank You www.smithmicro.com —_—a———