Tecnotree Oyj · OMXHEX:TEM1V
Tecnotree Oyj — Tecnomen — Merger or Acquisition (December 2008)
20 slides from Tecnotree Oyj's merger presentation, Dec 15, 2008
Slide 1: Tecnomen and Lifetree Combine
Tecnomen and Lifetree Combine Jarmo Niemi CEO
Slide 2: Presentation Agenda
Presentation Agenda Transaction Rationale Lifetree Overview Tecnomen Lifetree: Powerful Combination
Slide 3: Transaction Highlights
Transaction Highlights Tecnomen has entered into agreements to combine with Lifetree Convergence, an India- based provider of convergent billing and customer care, rating, and messaging platforms Company name to be changed to Tecnomen Lifetree Plc Post the transaction, Tecnomen will own 96.6%
Slide 4: Transaction Rationale
Transaction Rationale Strong strategic fit Significant synergy potential Highly complementary products set Operational cost synergies (key (fully Convergent Billing & areas R&D, Support & Delivery and Charging, Messaging) and SG&A) customer base Revenue synergies through cross Accelerate gro
Slide 5: Presentation Agenda
Presentation Agenda Transaction Rationale Lifetree Overview Tecnomen Lifetree: Powerful Combination
Slide 6: Lifetree Overview
Lifetree Overview Inception Initiated operations as Lifetree Product @Billity (flagship product): Converged Convergence in 2000 with a mandate to Summary product suite designed to provide operators build highly engineered telecom software with end-to-end billing, OSS & CRM products functionality
Slide 7: Mainly Focused on Asia, ME and Africa
Mainly Focused on Asia, ME and Africa Revenue by Business FY2007-08 Revenue by Geography FY2007-08 *Financial Year Ending March
Slide 8: Presentation Agenda
Presentation Agenda Transaction Rationale Lifetree Overview Tecnomen Lifetree: Powerful Combination
Slide 9: A Powerful Combination
A Powerful Combination Over 35 years of combined experience in the telecommunications industry 120 customers in over 70 countries Strong product portfolio in BSS/OSS and VAS Global organization of 750 employees in 20 locations Focus on telecom software development (> 400 developers includi
Slide 10: Consolidated View
Consolidated View Jan-Sep 2008 Results PF Combined Revenues € 55.5M € 11.9M € 67.4M Operating Profit € 6.5M € 4.4M € 10.9M Margin (%) 11.7% 37.4% 16.2% *Lifetree figures are according to Indian GAAP, converted at 63 as the EUR/INR rate
Slide 11: Attractive Synergy Potential
Attractive Synergy Potential Revenue Fully convergent charging & billing solution Combined entity to have expanded global reach with extensive presence in emerging markets Leverage cross sell opportunities for revenue growth Operation Low cost R&D and delivery base in India (> 50% of employe
Slide 12: Tecnomen Lifetree: Complete BSS Offering
Tecnomen Lifetree: Complete BSS Offering Front-Office Customer, Product and Marketing Domain Sales Customer Customer Customer Product Product Order Order Sales&& Customer Loyalty Management Catalogue Management Marketing Marketing Loyalty&& Management Catalogue Management Management Retention Manage
Slide 13: Tecnomen Lifetree Messaging Offerings
Tecnomen Lifetree Messaging Offerings Offer 5: Media Server & MAS & Storage = NGM Services included in the platform: Voice Mail, Video Mail, Call completion services IVR Offer 4: Media Server & IVR Application Server Requires services (VXML via local developer program) Email Storage Enables PP Vouch
Slide 14: Customer Base: Global Coverage
Customer Base: Global Coverage Norway Finland Russia Sweden Denmark Lithuania Ireland UK Germany Belgium Ukraine LuxembourgLichtenstein Switzerland Austria Romania Slovenia Serbia Turkmenistan Albania Spain Macedonia Italy Cyprus Lebanon Tunisia Iraq Iran Pakistan Tecnomen Kuwait Algeria Saudi Hong
Slide 15: Personnel: Global Reach
Personnel: Global Reach Development Centre Rest of Asia Finland 4% 12% Technical Support Centre Ireland 19% Sales & Business Development Rest of Bangalore Europe 47% Latin 1% New Delhi America Tecnomen Lifetree has 750 employees in MEA 9% 4% over 20 locations worldwide 4%
Slide 16: Financially Compelling Transaction
Financially Compelling Transaction Accelerate top line growth Tecnomen to benefit from Lifetree’s faster growth Additional growth derived from revenue synergies Positive impact on operating margin Tecnomen to benefit from Lifetree’s higher operating margin Benefit from cost synergies EPS acc
Slide 17: Tecnomen Lifetree Strategy
Tecnomen Lifetree Strategy Market Trends Saturation Convergence Consolidation Tecnomen Lifetree Goals Profitable growth Tecnomen Lifetree Vision Leading vendor in Convergent Charging and Messaging Tecnomen Lifetree Strategy To build cost competitiveness in product portfolio g
Slide 18: Proposed Timeline For Transaction
Proposed Timeline For Transaction Announcement on India Regulatory 15 December Approval Closing of transaction January expected in Q1 2009 2008 2009 EGM February/March
Slide 19: Transaction Rationale
Transaction Rationale Strong strategic fit Significant synergy potential Straight forward integration Financially attractive
Slide 20: Contact Information
Contact Information Jarmo Niemi CEO head office Tecnomen Corp., P.O. Box 93, 02271 Espoo, Finland tel./fax Direct +358 9 8047 781, fax +358 9 8047 8212 mobile/fax +358 400 688 097 e-mail Jarmo.niemi@tecnomen.com, www.tecnomen.com