Tz Limited · ASX:TZL

Tz — Investor Presentation (February 2010)

63 slides from Tz's investor presentation, Feb 10, 2010

  1. Slide 1: Investor Presentation cover letter to ASX

    TZ Limited ABN 26 073 979 272 9 February 2010 Lodged by ASX Online The Manager For personal use only Company Announcements Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000 Dear Sir/Madam INVESTOR PRESENTATION We enclose, for release to the market, a copy of a presentation to be given by th

  2. Slide 2: Investor Presentation

    For personal use only Investor Presentation CONFIDENTIAL © TZ Inc. 2009

  3. Slide 3: Agenda

    Agenda For personal use only 1. Introduction to the new board 2. Overview of Strategy 3. Operations update 4. QVT 5. Court Cases and Freezing orders 6. Steps to re-listing 7. Questions CONFIDENTIAL www.tz.net © TZ Inc. 2009

  4. Slide 4: TZ Limited – Board of Directors

    TZ Limited – Board of Directors For personal use only Mark Bouris - Chairman and Non Executive Director • Mr Bouris has been involved in the finance and property sectors for over 25 years. In 1996 he founded Wizard Home Loans - Australia's largest non-bank lender. From1996 to 2004 Mr Bouris introduc

  5. Slide 5: TZ Limited – Board of Directors

    TZ Limited – Board of Directors For personal use only Kenneth Ting Executive Director and Company Secretary • Mr Kenneth Ting has a background in accounting, law and investment banking with a focus on the commercialisation of technology and public and private equity raisings. Mr Ting joined Deutsche

  6. Slide 6: Overview of Strategy

    For personal use only Overview of Strategy CONFIDENTIAL © TZ Inc. 2009

  7. Slide 7: Steps to Commercializing Technology

    Steps to Commercializing Technology For personal use only Step 1 : Technology and market validation – further develop TZ technology and prove that there is a need for our technology. Step 2: OEM – getting large companies to use TZ’s products in their existing and new products. Step 3: Licensing – se

  8. Slide 8: Strategy – Key Themes

    Strategy – Key Themes For personal use only 1. Taking Charge : control our own destiny • Commercializing technology is a difficult business. Wherever possible TZ will use its own resources to validate its technology rather then rely on external parties. Rather then licensing our technology and hopin

  9. Slide 9: TZ Sectors

    TZ Sectors For personal use only Validate TZ’s Technology within the MicroSecurity space Data centers Intelligent Enclosures Custom Components Marine Custom Installations Aerospace Ground transport / Automotive Defense Medical Continue to establish relationships in these sectors with a view to a lic

  10. Slide 10: What is MicroSecurity?

    What is MicroSecurity? Typical Access Control Applications For personal use only DEPT DOORS SPECIAL ACCESS PERIMETER ELEVATOR DOORS ACCESS CONFIDENTIAL www.tz.net © TZ Inc. 2009

  11. Slide 11: TZ MicroSecurity Applications

    TZ MicroSecurity™ Applications For personal use only FLOOR TILES ACCESS PANELS DEPT DOORS SPECIAL ACCESS DRAWERS STORAGE CABINETS FIRE PANELS IT EQUIPMENT SERVICE ACCESS WALL PANELS PERIMETER ELEVATOR DOORS ACCESS FILE CABINETS PERSONAL ITEMS MAINTENANCE CEILING PANELS ACCESS MAILBOXES IT CABINETS T

  12. Slide 12: TZ MicroSecurity

    TZ MicroSecurity™ For personal use only Grounds Building • Driving physical locking and audit Room trail from geographic “areas” down to securing enclosures and Furniture objects • Moving to the center, items that Value Higher Objects need to be secured are becoming more valuable TZ MicroSecurity™ •

  13. Slide 13: Why TZ MicroSecurity first?

    WhyTZ MicroSecurity™ first? For personal use only • Access Control Systems are becoming increasingly sophisticated in terms of monitoring, managing access permission, integrating video surveillance and producing audit trails and event files • Beyond the card reader and magnetic lock on the entrance

  14. Slide 14: Current TZ Mission Statement

    Current TZ Mission Statement For personal use only • TZ intelligent security and sensing products extend access control systems beyond the door to other objects that must be secured. • TZ products offer networked access control, monitoring, and audit traceability for objects that today are typically

  15. Slide 15: TZ High Level Strategy

    TZ High Level Strategy For personal use only • Step 1 – Market validation of TZ products  Data Centers – primary focus with partners such as Anixter  Intelligent Enclosures – TZ InBox and spinoffs for targeted opps  Tactical OEM component sales – Dell, Cardinal etc. (use PDT as a “Trojan horse”)

  16. Slide 16: Operations Update

    For personal use only Operations Update CONFIDENTIAL © TZ Inc. 2009

  17. Slide 17: TZ Microsecurity - Data Center Opportunity

    TZ Microsecurity™ - Data Center Opportunity For personal use only • Data Center Market was selected because: • Relatively price inelastic customers • Security and access logging is high priority • Explosive growth in Data Centers globally. • Joint Development Agreement with Anixter Inc. to develop T

  18. Slide 18: TZ Data Center product pull-through strategy

    TZ Data Center product pull-through strategy • Data Center / IT focused regional manufacturer’s reps For personal use only  Drive TZ awareness at end-customer, integrator level to “pull through” demand  Drive sell through with distributor accounts  Be regional expert for TZ products • Data Center

  19. Slide 19: TZ Manufacturer's Rep Groups by Sales Region

    TZ Manufacturer’s Rep Groups by Sales Region Alaska For personal use only Stringer & Co. Data Strait MGN Networks PLT C&C Sales JTech Networks Structured Innov. CommSol MSA WestCal Tech. Network Products Hawaii Linc The Ascend Group Cabling Tech Taking Control….Eliminating third party interdependenc

  20. Slide 20: TZ Praetorian Sale External Dependencies

    TZ Praetorian™ Sale External Dependencies For personal use only TZ Praetorian™ System Enterprise Level Retro fit and cabinets with Access Controller double doors Long lead sale usually requires planning and involvement of Security, Facilities and IT management Solution: 9 major cabinet manufacturer’

  21. Slide 21: TZ SlideHandle

    TZ SlideHandle™ For personal use only Open / unlocked Closed / locked Product Description • The TZ SlideHandle brings the beneficial features of the TZ Radial electronic lock to the form factor of a swing handle latch, allowing a drop-in replacement to the standard opening typically found on IT cabi

  22. Slide 22: TZ SlideHandle: Hardware Prototype

    TZ SlideHandle: Hardware Prototype For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  23. Slide 23: TZ CloudBridge Overview

    TZ CloudBridgeTM Overview For personal use only • Directly connects up to 8 TZ devices to Ethernet or up to 32 TZ devices using 8 TZ CloudLinks • HTML web interface provides basic control with no extra software • Supports multiple TZ Wiegand devices for multiple HID RFID readers • PoE enabled –no DC

  24. Slide 24: TZ CloudBridge: Hardware Prototype

    TZ CloudBridge: Hardware Prototype For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  25. Slide 25: Data Centers Product Positioning Map

    Data Centers Product Positioning Map For personal use only Available: Now TZ Praetorian™ Available: March 1, 2010 TZ Centurion™ Pro TZ Praetorian™ Xpress Available: March 1, 2010 TZ Centurion™ Small Medium Enterprise (1<devices<32 (1 < devices < 320 (Unlimited devices Up to 16 cabinets) Up to 160 ca

  26. Slide 26: Future Product Development

    Future Product Development For personal use only • TZ will continue to focus on deploying its technology in the TZ MicroSecurity™ market • TZ will transition over time from a hardware based business strategy to a software strategy • Software strategy creates a ongoing revenue stream from annuities a

  27. Slide 27: Intelligent Enclosure Overview

    For personal use only Intelligent Enclosure Overview CONFIDENTIAL © TZ Inc. 2009

  28. Slide 28: Intelligent Enclosures: TZ InBox Overview

    Intelligent Enclosures: TZ InBox Overview For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  29. Slide 29: TZ Inbox

    TZ Inbox For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  30. Slide 30: TZ Inbox

    TZ Inbox For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  31. Slide 31: TZ InBox

    TZ InBox™ For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  32. Slide 32: For personal use only

    For personal use only CONFIDENTIAL www.tz.net © TZ Inc. 2009

  33. Slide 33: PDT Operations Update

    For personal use only PDT Operations Update CONFIDENTIAL © TZ Inc. 2009

  34. Slide 34: PDT

    PDT For personal use only • Established in 1995 • Full Service product development firm • ISO 9001 Certified • 90 Employees Offices: Chicago Texas Ukraine Lake Zurich California Shenzhen Minnesota UK CONFIDENTIAL www.tz.net © TZ Inc. 2009

  35. Slide 35: PDT Clients

    PDT Clients customers For personal use only electronics medical consumer industrial CONFIDENTIAL © TZ Inc. 2009

  36. Slide 36: PDT – Operations Update

    PDT – Operations Update • Strengthened presence within medical device category For personal use only • Was not severely impacted by GFC as decrease in demand was offset by increased outsourcing in the US as companies laid of staff. • Helped TZ deploy its technology in:  Dell Adamo  Cardinal ORwell

  37. Slide 37: PDT – Cardinal ORwell

    PDT – Cardinal ORwell For personal use only Cardinal Health, a multi-billion dollar global manufacturer and distributor of medical and surgical supplies and equipment, turned to PDT's team of experts to find a new way to safely manage and reduce the highly pathogenic fluid waste generated during sur

  38. Slide 38: PDT - Iridium

    PDT - Iridium For personal use only Iridium turned to PDT to design its satellite phone. The Iridium 9555 is the company’s smallest and most powerful phone to date. CONFIDENTIAL www.tz.net © TZ Inc. 2009

  39. Slide 39: PDT – Fellowes

    PDT – Fellowes For personal use only PDT previously redesigned Fellowes’ Binding & Laminating (B&L) range to improve aesthetics, introduce new features and improve usability. Fellowes turned to us to update the aesthetic of their thermal binders to continue the new, unique, stylish design language p

  40. Slide 40: PDT: Dell Adamo

    PDT: Dell Adamo For personal use only PDT collaborated with Dell on the design and engineering of the Dell Adamo laptop. Adamo is the flagship product in Dell's new luxury brand named "Adamo by Dell." With an unprecedented .65 inch profile, the Adamo notebook is the thinnest laptop in the world. TZ’

  41. Slide 41: QVT

    QVT For personal use only • December 2007 – Previous Board borrowed A$24,000,0000 from QVT (US hedge fund) via a convertible note • June 2009 - Notice of default issued by QVT for non-payment of interest for 2008. Interest and principal becomes immediately payable. • 18 June 2009 – Old Board resigns

  42. Slide 42: Stock Information

    Stock Information For personal use only Under Voluntary Suspension Since 19/06/2009 Share Price at Tme of Suspension 96cents Market Cap at Tme of Suspension $A47,0000,000 Total TZL Ord Shares (assuming deal with QVT is approved) 69,000,000 QVT 29% Dutch Shareholders (approx) 15% Acument Global Techn

  43. Slide 43: Court Case against previous board

    Court Case against previous board For personal use only • June - TZ voluntarily suspends shares from trading. Ernst & Young appointed to investigate material discrepancies in TZ’s financial accounts. • July - Claim received from Andrew Sigalla for costs allegedly owed under his Deed of Release • Aug

  44. Slide 44: Steps to re-listing TZL

    Steps to re-listing TZL For personal use only • Work Out plan with QVT – Done • Freezing orders against ex-directors assets - Done • Preparation of financial accounts - Done • Raise further capital to satisfy the ASX that TZL’s financial position is adequate to warrant the continued listing of TZL s

  45. Slide 45: Questions

    For personal use only Questions CONFIDENTIAL www.tz.net © TZ Inc. 2009

  46. Slide 46: For personal use only

    For personal use only Investor Presentation February 2010 CONFIDENTIAL © TZ Inc. 2009

  47. Slide 47: Agenda

    Agenda For personal use only 1. Operations update 2. AGM Resolutions 3. Questions CONFIDENTIAL www.tz.net © TZ Inc. 2009

  48. Slide 48: Operations Update

    For personal use only Operations Update CONFIDENTIAL © TZ Inc. 2009

  49. Slide 49: Steps to Commercializing Technology

    Steps to Commercializing Technology For personal use only Step 1 : Technology validation – proving that there is a need for our technology. 3 Pilot sites in the USA, 4 in Europe, 1 in Australia. Strong Pipeline of 200+ prospects Step 2: OEM – getting large companies to use our products in their exis

  50. Slide 50: Current TZ Praetorian Installs

    Current TZ Praetorian Installs • Variety of market verticals: For personal use only • Government - State of Nebraska (shown below) • Religion - Church of Latter Day Saints • Education - Washington University (Genome) • 200+ more in the pipeline including Financials, Healthcare, Telecommunications, M

  51. Slide 51: Difficult Trading Conditions but encouraging sales Pipeline

    Difficult Trading Conditions but encouraging sales Pipeline For personal use only Due to the global recession trading conditions have been difficult in North America. However, TZI has developed a strong sales pipeline. Trading has been helped by:  Consistent year-on-year growth in the data center c

  52. Slide 52: Server Cabinet Market

    Server Cabinet Market Annual Shipments / Installed Base (N.A.) For personal use only 7.8M unit installed base Since 2000 (est.) Enormous potential in retrofit cabinet market for TZ Source: World Server Rack and Rack Options Market, May 2009 – Frost and Sullivan CONFIDENTIAL © TZ World Server Rack an

  53. Slide 53: Large Opportunity for integrators and resellers

    Large Opportunity for integrators and resellers The TZ Solution: For personal use only 1. Provides integrators and resellers with a new and interesting product to present to their customers. 2. Is an attractive product for integrators and re-sellers because it has good margins and high volume. Rathe

  54. Slide 54: Physical Security = Compliance

    Physical Security = Compliance For personal use only • Sarbanes / Oxley  Part 210 | Retention of Records Relevant to Audits and Reviews  Part 409 | Real Time Issuer Disclosures ► Breaches that could affect the bottom line must be publicly disclosed within 48hrs  Part 404 | Management Assessment o

  55. Slide 55: Standards Example: PCI DSS

    Standards Example: Payment Card Industry Data Security Standard (PCI DSS) For personal use only The PCI DSS, a set of comprehensive requirements for enhancing payment account data security, was developed by the founding payment brands of the PCI Security Standards Council, to help facilitate the bro

  56. Slide 56: PCI DSS – How bad could it be?

    PCI DSS – How bad could it be? Pretty Bad For personal use only Q: Who does the standard apply to? A: PCI applies to ALL organizations or merchants, regardless of size or number of transactions, that accepts, transmits or stores any cardholder data. Q: What data does it cover? A: .. any personally i

  57. Slide 57: PDT

    PDT • For the six months ending December 31, 2009 PDT’s revenues For personal use only were in line with the same period from the prior year and exceeded revenues for the six month period January to June 2009 by 12%. • PDT experienced lower margins due to competitive sales in a poor economy. • PDT’s

  58. Slide 58: AGM Resolutions

    For personal use only AGM Resolutions CONFIDENTIAL www.tz.net © TZ Inc. 2009

  59. Slide 59: Rescue plan to save the company

    Rescue plan to save the company For personal use only • In 2009 TZL failed to pay interest on a convertible note. This event of default placed the company in an extremely serious situation. • This gave QVT the right to enforce payment which would have forced the company into administration and proba

  60. Slide 60: Rescue plan the best solution to an extremely difficult situation

    Rescue plan the best solution to an extremely difficult situation For personal use only • The rescue plan is in the long term interests of all shareholders and will solve TZ’s current difficulties. • The Board’s view is that the rescue plan is the best way to save the company. • Shareholders can loo

  61. Slide 61: Independent Expert supports rescue plan

    Independent Expert supports rescue plan For personal use only • An Independent Expert has concluded the rescue plan is reasonable and in the best interests of TZ shareholders. • The Independent Expert has concluded that TZ shareholders will be significantly better off if the rescue plan is approved.

  62. Slide 62: TZ has a healthy future, assuming the rescue plan is approved

    TZ has a healthy future, assuming the rescue plan is approved For personal use only • The core business of TZ is sound. • The company is a leader in SMA technology and industrial design. • The company has a solid international operational base, many blue chip clients, and dedicated and expert staff.

  63. Slide 63: Questions

    For personal use only Questions CONFIDENTIAL www.tz.net © TZ Inc. 2009

TZ — Investor Presentation (February 2010) on 6ix