Slide 1: CogState Ltd: Innovative Clinical IT Technologies
TT TTT“ icnnnniniinh CogState Ltd: Innovative Clinical IT Technologies
Slide 2: Company Summary
CogState gig CogState Ltd: Innovative Clinical IT Technologies Company Summary | Founded 1999 — University of Melbourne | Develops and sells computerised cognitive testing software _ Based in Melbourne, Australia « Sales office in London, UK established ¢ Opening a sales office in Connecticut, USA |
Slide 3: Company Financial Analysis: Revenue Growth
CogState gig CogState Ltd: Innovative Clinical IT Technologies Company Financial Analysis Revenue Growth to 6/30/05 Sales - Clinical Trials ~ CogSport ~ CogHeaith Grants - Export Market Development Grant - Biotechnology Innovation Fund Grant Interest received Research & Development Tax Rebate TOTAL
Slide 4: Company Financial Analysis: Cash Position
CogState gig CogState Ltd: Innovative Clinical IT Technologies Company Financial Analysis Cash Position m= Cash on hand at 30 September 2005 = $2.9m _a Cash outflow for September 2005 quarter ($539k) includes active cost reduction through lower headcount Net Cash Flow (Quarter by Quarter) Sep-04 Dec
Slide 5: Company Financial Analysis: Expenses FY2005
CogState gig CogState Ltd: Innovative Clinical IT Technologies Company Financial Analysis Expenses FY2005 Overheads increased by 53% over the year to $4.15m (primarily salaries) Total revenue and cash rebates increased by 227% Overheads have recently been reduced sooo 2.509 [— 00 » Headcount at 30/0
Slide 6: Products
Cogstate gay Products Clinical trials CogState Professional concussion management CogSport. Amateur concussion management : concussion sentinel | CogHealth Health monitoring alert4) york oo g Workplace alertness
Slide 7: Clinical Trials Market
CogState CogState Ltd: Innovative Clinical IT Technologies Clinical Trials Market Pharma/Biotech/Govt/Academia a 2 key advantages for clinical trials 1. RAPID ~ 12 Minute Battery perfect for drug trials 2, Real time scoring and centralized reporting of test results = Prices range from $US35k ~ >$US2
Slide 8: Clinical Trials: Pfizer Relationship
CogState gig CogState Ltd: Innovative Clinical IT Technologies Clinical Trials Pfizer Relationship ‘ Signed a master service agreement with Pfizer in early 2004 = 17 Pfizer project contracts signed up © 18 Pfizer projects planned/in discussion = 35 Pfizer projects total « Range of indications & phas
Slide 9: Focus/Strategy/10-Milestones
Cogstate gag CogState Ltd: Innovative Clinical IT Technologies Focus/Strategy/10-Milestones _ Focus in clinical trial sales Withdraw from biotech drug development business _Out-license drug projects _ Continue search to acquire new IT technologies Find product development funding from.corporate part
Slide 10: Guidance FY2006
Cogstate gag CogState Ltd: Innovative Clinical IT Technologies Guidance FY2006 _ Target of >50% growth in clinical trial sales compared to FY2005 Decision to exit drug development will result in reduced grant income ($221k in FY2005) but associated cost reduction ($350k in FY2005) Interest received
Slide 11: CogState Ltd: Innovative Clinical IT Technologies
TT TTT“ icnnnniniinh CogState Ltd: Innovative Clinical IT Technologies