Building a Global Company in Lightweight Radiology

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Betty Peters
5 years ago
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ACN 153 273 735 Ltd Building a Global Company in Lightweight Radiology Bioshares:

1 ACN Ltd Building a Global Company in Lightweight Radiology Bioshares: Biotech Summit, Queenstown NZ 22 nd July, 2017 Peter Rowland Managing Director, Micro-X Ltd.

2 2 MX1 Technology Advantage : Miniaturising X-Ray Tubes 26kg 1kg

3 MX1 Technology Advantage World s First Electronically Controlled X-ray Source SEM image of CNT film Tungsten Target nanotechnology - CNTs Electron

3 3 MX1 Technology Advantage World s First Electronically Controlled X-ray Source SEM image of CNT film Tungsten Target nanotechnology - CNTs Electron Beam target X-rays Grid Electrode 0 v 2um Gate Electrode CNT focusing electrode Gate mesh Field Gradient Contours Emitter Electrode V Substrate

4 4 Introducing MX1 : Core Business Model: Developing & manufacturing innovative, ultra-lightweight, X-ray imaging products for global medical and security markets. Core technology is Carbon Nano-Tube (CNT) emitters Exclusively licenced from technology partner XinRay Systems Enables small size and electronic control of X-Ray tubes Path-to-market Partnership with global brand name, Carestream Health OEM supply ex-works Adelaide Follow-on product opportunities under discussion Leverage contract with Australian Department of Defence Unfulfilled need for deployable medical x-ray and stand-off IED imaging ADF as reference customer for MX1 brand development Prove new electronic beam 3-D imaging modality New products pioneer unique x-ray modality

5 5 Market Need: The History of Bedside Imaging Current Mobile X-Ray Units pose risks in cramped ICU environments

6 6 Micro-X s First Product: DRX Revolution Nano Competitive Features: Ultra lightweight (90kg) Fully integrated Digital Imaging Aggressive pricing Small footprint Easily manoeuverable Wireless image transmission 4 hour endurance Smart focus

7 7 First-Tier Mobiles Integrated Digital Mobiles: Micro-X Ltd 2016

8 8 Second-Tier Mobiles Analogue only PiMax Dinan GBA Philips Siemens Micro-X Ltd 2016

9 9 Global Market Estimation for Mobile Medical X-Ray Total Mobiles per annum: 10,000 First Tier: Premium Integrated Digital : 2,500 Second Tier: Analogue: 7,500 Analogue Sales by Region: China 2,000 Asia 1,600 LAR 1,500 Europe 1,400 USA 1,000

10 Mobile X-ray Market 10 PREMIUM DR Mobile (Integrated) Analogue Mobile VALUE FEATURES DRX Revolution p.10 Analog Mobile TCO (U$)

11 11 Carestream Health Inc Exclusive Global OEM Distribution Partner Sales of US$2.5Billion 7,500 employees in 150 countries Formerly Kodak Medical Imaging, Dominates Digital Medical Imaging Revolution is #1 ranked mobile X-Ray

12 12 Nano Product Launch: Radiological Society of North America Chicago, 27 th November 2016 Micro-X Ltd 2016

13 13 Korean Innovation in First Tier Market Micro-X Ltd 2016

5x earlier guidance with increasing momentum Nano s Recent Trade Shows: Genoa, Italy, 6 th April Sao Paulo, Brazil, 4 th

14 14 Nano Generating Strong Market Interest Enthusiastic customer interest shown at recent Trade Shows Carestream regional sales offices requesting additional units for demo/sale Pre-launch stocking order now planned for 2.5x earlier guidance with increasing momentum Nano s Recent Trade Shows: Genoa, Italy, 6 th April Sao Paulo, Brazil, 4 th May Leipzig, Germany, 24 th May Manchester, UK, 12 th June European Congress of Radiology, Vienna, 2 nd March 2017 Arab Health, Dubai, 30 th January 2017

15 Milestones to Revenue: ISO 13485 Accreditation 510(k) Approval

15 15 Milestones to Revenue: ISO Accreditation 510(k) Approval USA Trade Trials Pipeline Stocking Order First Customer Shipments

16 16 Product Development Pipeline: First three products will address a >$100M per annum sales opportunity Company planning on 25-30% EBITDA margin Nano OEM manufacture - branded Carestream distribution in 130 countries $40M pa sales opportunity with solid GM Rover Continues product collaboration with Carestream branding Leverages clinical acceptance of Nano Micro-X leads marketing & sales of complete systems (except USA) Micro-X is Carestream authorised dealer for detectors & PACS MBI Unique Micro-X product without competitor robust pricing power $50M pa sales opportunity with GM >60% Prove new electronic beam 3-D imaging modality Micro-X Ltd 2016

17 17 Rover : Nano Useability Trials at exercise Giant Viper Micro-X Ltd 2016

18 18 Mobile Backscatter Imager - Product Concept Micro-X Ltd 2016

19 Micro-X Ltd 2016 Thank You; Any questions?

High Voltage Alliance Project. October 18, 2000

High Voltage Alliance Project. October 18, 2000 High Voltage Alliance Project October 18, 2000 Project presentation 1. Purpose of an alliance in HV 2. Presentation of the joint venture 3. Strategic objectives 4. Financial data 2 1 - Purpose of an alliance