Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Investor Presentation (September 2019)
21 slides from Intelligent Protection Management's investor presentation, Sep 23, 2019
Slide 1: Investor Presentation
INVESTOR PRESENTATION PeerStream, Inc. | OTCQB: PEER September 2019
Slide 2: Safe Harbor
Safe Harbor 2 This presentation is for discussion purposes only. Certain material is based upon third party information that we consider r eli able, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Certain statements in this presentation constitute “
Slide 3: PeerStream is a Communications Software Innovator
Foundational Technology & Innovation Operating Consumer Apps at Global Scale Externalized Security Technology Our Mission PeerStream is a Communications Software Innovator Pioneered the introduction of voice and video into text chat 26 Patents, licensed to Sony, Microsoft, etc. Founded 1998 Since 19
Slide 4: Investment Highlights
Investment Highlights 1 Source: Gartner, A u gust 2018. Excludes portion of the entire $124 billion market attributable to service fees and hardware/infrastructure securi ty. Entrepreneurial management team building on 20 years of pioneering communications technology $45 billion information security
Slide 5: $45 Bln Information Security Market Sizing
1 Source: Gartner, August 2018. Excludes portion of the entire $124 billion market attributable to service fees and hardware/in fra structure security. 2019 President’s federal budget for cyber is $15bln, though there is additional undisclosed funding. 2019 budget increased 14% since 2017 82% percen
Slide 6: Problem: Public Network Communications Are Vulnerable
Even with the best end - to - end encryption, messaging and data communications have critical vulnerabilities and are disruptable ● Sender/recipient metadata (IP, location, identity) is exposed, breaching privacy ● Discoverability of sender and recipient identities makes them targets of attack ● Eve
Slide 7: We May Have the Only In-Market Solution for Communications Network Anonymity
● Our customizable solution helps the sender and recipient “Hide in Plain Sight” ○ Protocol with multi - layer transport encryption for intelligent routing (inspired by TOR), protecting user identity / geolocation ○ Front - end SDKs/apps with hardware - based encryption for cross - platform secure a
Slide 8: Most Competitors Focus Only on Content Protection
Most Competitors Focus Only on Content Protection 8 Competitive Company Content Level Metadata Level Network Level Blackberry * Koolspan * Signal Silent Circle * Telegram WhatsApp Telos Ghost * Wickr * Wire SecureCo * ● Most government procurement is via large prime contractors (e.g., Raytheon, Gene
Slide 9: PeerStream Products Address Communications Security Gaps
Intelligent Routing and Encryption for Communications and Data Transport ● Secure end - to - end encryption assures confidentiality ● Multi - layer transport encryption based on onion routing ● Intelligent routing similar to TOR hidden services protects end - point/user identity and geolocation 9 Pe
Slide 10: Use Cases: First-Best Applications for Government
Use Cases: First - Best Applications for Government Critical Infrastructure Data Communications System/IoT and human communications, alerts and control mechanisms for infrastructure can be hardened against bad actors seeking disruption and ransom attacks. Law Enforcement Guard sensitive communicatio
Slide 11: Strong Traction in Federal Government Sales & BD
Strong Traction in Federal Government Sales & BD 11 ● Sales pipeline of 70+ targets, of which approximately 85% are government opportunities ● Pipeline includes >$60MM of potential annual recurring revenue 1 ● Direct - to - government sales prioritized where target has budgetary autonomy; otherwise
Slide 12: We Expect to Broaden to Enterprise Customer Targets As Well
We Expect to Broaden to Enterprise Customer Targets As Well Multi - year contracts with recurring licensing revenue, plus service revenue for installation, customization, support and training Military / Intelligence CIA, NSA, Military Special Ops, Army S&T, Navy, Marines, DARPA Emergency Management
Slide 13: Go-to-Market Strategy in $45 Billion Info Security Market
Go - to - Market Strategy in $45 Billion 1 Info Security Market 1 Source: Gartner, August 2018. Excludes portion of the entire $124 billion market attributable to service fees and hardware/in fra structure security. ● PSP code complete, available on public test net for 3rd party developers ● Working
Slide 14: Consumer Apps Business: Social Video Apps
US - focused, worldwide video chat community targeting users over 35 Asia - centric video chat community targeting users from 18 - 35 US - focused video chat community targeting users 18 - 35 SHARED COMMON INTERESTS 24/7 ENTERTAINMENT A PLATFORM FOR FREE EXPRESSION CONNECTION TO FAMILY/FRIENDS Consu
Slide 15: Investments to Drive Social Video Business Growth
Investments to Drive Social Video Business Growth More Proactive User Acquisition ● Ramping up promotional video content on social media platforms (e.g., Instagram) to increase following ● More disciplined PPC marketing to drive positive ROI Live video streaming market was $10.1 billion in 2018 and
Slide 16: Business Model with Multiple Emerging Revenue Streams
Subscriptions • Freemium model with subscriptions that expand access and unlock status Advertising Revenue • Driven by ad networks and direct - to - advertiser relationships Virtual Gifts and Micro - transactions • Virtual gifts enhance status and build relationships • Micro - transactions permit on
Slide 17: Financial Highlights
• YTD 2019 revenue was approximately flat as compared to the comparable period in 2018 ○ 2019 YTD technology services revenue of $3.4MM from ProximaX represents the full recognition of contractual prepayments • YTD 2019 net income improved $3.8MM vs. comparable period in 2018 • YTD 2019 adjusted EBI
Slide 18: Existing Balance Sheet Funds R&D
Existing Balance Sheet Funds R&D $000s June 30, 2019 Cash and Cash Equivalents $4,642 Digital Tokens $777 Total Assets $21,368 Deferred Revenue $1,477 Total Liabilities $4,193 Shareholder’s Equity $17,175 Total Liabilities and Shareholders Equity $21,368 Other Considerations: • Board of Directors au
Slide 19: Seasoned Leadership: Diverse and Complementary Expertise
Seasoned Leadership: Diverse and Complementary Expertise Jason Katz Chairman, President + COO Eric Sackowitz Alex Harrington CEO CTO • Joined PeerStream in 2014 and is also serving as interim CFO/Principal Financial Officer • CEO of MeetMoi, a mobile dating pioneer (sold to Match.com) • SVP of Strat
Slide 20: Thank You
THANK YOU PeerStream, Inc. | Ticker: PEER Contacts: Alex Harrington, CEO alex@peerstream.com IR@peerstream.com 20
Slide 21: Non-GAAP Financial Measures
Non - GAAP Financial Measures Adjusted EBITDA is defined as net income (loss) adjusted to exclude net income (loss) from discontinued operations, gain on s ale of dating applications, interest income, net, income tax benefit (expense) from continuing operations, income tax benefit from discontinued