For personal use only. Cirrus Networks Limited The Next-Generation IT Solution Integrator

Transcription

1 Cirrus Networks Limited The Next-Generation IT Solution Integrator

2 DISCLAIMER This Presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this Presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of the assets and consult their own legal, business and/or financial advisers. The information contained in this Presentation has been prepared in good faith by Cirrus Networks Limited, however no representation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in the Presentation. To the maximum extent permitted by law, Cirrus Networks Limited its Directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this Presentation. Certain information in this Presentation refers to the intentions of Cirrus Networks Limited, but these are not intended to be forecasts, forward looking statements or statements about future matters for the purpose of the Corporations Act or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause Cirrus Networks Limited s actual results, performance or achievements to differ from those referred to in this Presentation. Accordingly, Cirrus Networks Limited, its Directors, officers, employees and agents do not give any assurance or guarantee that the occurrence of the events referred to in the Presentation will actually occur as contemplated.

3 REVENUE GROWTH CONTINUES $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 Revenue $6,000,000 $4,000,000 $2,000,000 $ Y Y Y Revenue $262,994 $5,869,723 $14,915,556

4 CIRRUS CONTINUES EXPANSION Cirrus Networks continues its aggressive organic expansion to meet customer demand New Service Center Secured New office premises secured almost double the current space Office move scheduled for end of September 2015 Long-Term Contracts Managed Services Division officially launched in June 2015 Already announced $1.5m in new annuity contract wins for FY2016 Division continues to drive for new business Head Count Growing New CFO Matt Green appointed Hired 12 new staff since May 2015 across Sales, Maintenance, Support and Management New GM Operations Jason King appointed Current headcount of 25 employees and growing M&A Acquisitions are continually being reviewed and benchmarked against organic growth rate

5 CIRRUS NETWORS OVERVIEW Successfully listed on the ASX in July 2015 after raising $5m AUD Tight capital stricture with the Top 40 owning 70% of issued capital Share Structure Shareholder Breakdown Retail Directors Senior Management Institutions Current Tradeable Shares on Issue 310,391,395 Total Shares on Issue 612,391,395 Current Share Price (16 th Sep 2015) $0.022 Market Capitalisation $13,472,610 10% 10% Current Cash $4,500,000 47% Company Enterprise Value $8,972,610 33%

6 DIRECTORS Frank Richmond Managing Director Frank has over 17 years experience in the technology sector across the UK and Australia. During his time in Australia, Frank worked for Dell Computers running their Large Enterprise business, achieving its Top Achi.ever award in his first year Frank then setup Cirrus Networks in late 2012 and has turned the company into one of the fastest growing technology solutions providers in Australia, coming 2 nd in the Deloitte Fast 50 Tech Companies Rising Star category in Andrew Milner Non-Executive Chairman Andrew is a veteran of the Australian Information technology Industry and has 20 years experience in managing successful highgrowth technology businesses. He founded Wantree Internet which was acquired by iinet in Andrew was then appointed to the iinet board and spent 9 years with the company in executive and non-executive roles. In 2004 he was co-founder and Chairman of L7 Solutions, which he helped grow to annual turnovers of $55m, before it was acquired by Amcom in Matthew Sullivan Non-Executive Director Matthew has more than 20 years experience in the information technology industry and has held various executive roles in Australia. He founded and was CEO of L7 solutions, which he helped grow to annual turnovers of $55m, before it was acquired by Amcom Telecommunications in During his time at L7 Solutions he was a 2005 and 2008 winner of the WA Business News 40 under 40 award. Most recently Matthew was Chief Solutions Officer at Amcom Telecommunications. Patrick Glovac Non-Executive Director Patrick is the Managing Director of Applabs Technologies Ltd which is an ASX listed App Development and Venture Capital Company. Previously he spent 10 years with Bell Potter Securities, specialising in corporate transactions. Patrick is also currently a Director of ASX listed Liberty Resources Limited and GB Energy Limited. In 2014 he co-founded a boutique Corporate Advisory firm GTT Ventures Pty Ltd which specialises in providing funding for technology companies. Daniel Rohr Non-Executive Director Daniel is a chartered accountant with over 20 years experience in management, corporate advisory, finance and accounting experience. He is currently the CFO and/or corporate advisor for a number of listed and non-listed businesses in the IT and mining sectors and has extensive experience in managing the development of high growth companies. Daniel was formally CFO of ecorp Ltd, the online division of Publishing and Broadcasting Limited.

7 MARKET OPPORTUNITY $77bn Australian IT spend in 2014 $29.7bn of which spent on services $767bn 2014 APAC IT spend Increasing to $933bn by 2017 The Internet of Things 30 billion connected $1.9tn Will generate a revenue globally of $1.9 trillion by bn By 2020 it s expected that globally over 30 billion devices will be internet connected

8 OUR BUSINESS Managed Services A Cirrus Managed Service is the IT Managed Service for the IT Manager. Outsource your day-to-day IT operations to our managed cloud platform Nimbus level support lets you sign up for a single offering. We'll help design a custom solution, maintenance & support plan that works for you. Stratus is a bespoke mix 'n' match of managed services and support agreements tailored to your business needs. A Cirrus grade service frees your internal resources from the day-to-day routine. We'll look after the design, maintenance, operation, testing & support of all your systems.

9 OUR BUSINESS Security & Compliance Cirrus Networks provides advanced auditing, diagnostic, monitoring and secure access services to ensure your networks and data are fully compliant and protected Cloud Security Keep your data secure and compliant with regulations no matter where in the cloud it's stored. Identify and pre-empt potential security issues faced by your current cloud infrastructure and enjoy the cost efficiency of cloud infrastructure. Network Security Mitigate the risks faced by your IT network and tailor a protection solution suited to your business needs. Implement an on-going review and testing process to ensure your network stays safe over time. Secure Remote Access Protect your unauthorised network penetration. Support report access and BYOD without compromising security and performance. Enforce IT security policies

10 OUR BUSINESS Solutions Cirrus Networks offers a range of solutions to help your business become more streamlined, efficient and cost effective. Engage us for projects of any size, on a per-project or on-going basis Data centre and cloud solutions Allow faster IT service delivery, improved profits and reduced risks when implementing new projects, through the implementation of the most appropriate data centre solution for your business needs. Convergence Consolidate your separate IT systems to improve the efficiency of your overall infrastructure. Respond faster to changing business needs with integrated control and improved change management overheads. Storage, & data management Ensure the reliability, accessibility and security critical to the long-term sustainability of your organisation. Support the ever-growing volume, variety and velocity of information handled by your business. requirements.

11 OUR BUSINESS Solutions continued Cirrus Networks offers a range of solutions to help your business become more streamlined, efficient and cost effective. Engage us for projects of any size, on a per-project or on-going basis Network Design Speed up response times for remote and on-site network users. Eliminate network-based delays in applications requiring real-time transmission, such as VoIP and video conferencing. Business continuity Keep your IT systems running, minimising and mitigating unexpected and scheduled downtimes that impact on profitability. Find peace of mind with a complete, integrated solution that removes any single points of network failure.. End User Computing Manage the complex requirements of today's mobile workforce by supporting the growing range of end user devices entering the workplace. Maximise productivity and create competitive advantage by facilitating your staff with a secure, highperformance network.

12 OUR BUSINESS Solutions continued Cirrus Networks offers a range of solutions to help your business become more streamlined, efficient and cost effective. Engage us for projects of any size, on a per-project or on-going basis Unified communications and IP telephony Manage all your real-time communication services in one place with ivoip, fax, mobile, messaging and . Improve availability to external parties making sure people can be reached at all times. Lifecycle Management Introduce new technology with ease into your organisation. Get end-to-end lifecycle management services, regardless of the types of systems or number of deployment.. IT Consulting & Management Improve the efficiency of your systems, servers, networking and IT infrastructure through virtualisation, network optimisation, and convergence strategies. Free your resources from dealing with the routines of hardware and software lifecycle management.

13 OUR BUSINESS Solutions continued Cirrus Networks offers a range of solutions to help your business become more streamlined, efficient and cost effective. Engage us for projects of any size, on a per-project or on-going basis IT Consulting & Management Project Management. Improve the efficiency of your systems, servers, networking and IT infrastructure through virtualisation, network optimisation, and convergence strategies. Free your resources from dealing with the routines of hardware and software lifecycle management. Deliver projects on time, to budget, and without unnecessary compromise. Maintain high visibility throughout your project, with appropriate levels of communication and regular meetings with key stakeholders. Avoid under- or over-management, ensuring your resources can focus on their critical functions at every stage.

14 MULTIPLE INDUSTRY AWARDS Named Second Fastest Growing Tech Company in Australia 2015 by Deloittes Earns ANZ Emerging Partner of the Year 2014 by Juniper Networks Achieves VMWare Enterprise Solution Provider Accreditation 2014 Achieves Elite Partner Status Juniper Networks 2014 Awarded Symantec Specialist Partner Status 2013 Awarded Apple Authorised Reseller Status 2013

15 OUR A-LIST OF BLUE CHIP CLIENTS

16 BEST OF BREED TECHNOLOGY Ready to be implemented Innovative technology products are the key to our business

17 SECTOR COMPARISON Company Code Activities Mkt Cap Cash EV Revenue Tomizone PHW Wifi Solutions $15M $4M $11M $4M Bullet Proof BPF Data Storage $44M $4M $40M $29M Future Fibre FFT Fibre Optical Cables $130M $20M $110M $20M Covata CVT Data Security $160M $14M $146M <$1M Iwebgate IWG Data Security $180M $5M $175M <$1M Cirrus Networks CNW IT Solutions/Data Security $13.5M $4.5M $9M $14.9M

18 HIGHLIGHTS Proven revenue generating model Highly growth focused with continuing rapid revenue expansion High quality experienced Directors and Management Exposure to the growing Australian IT market Significant growth opportunities providing value add to shareholders

19 CONTACT DETAILS Frank Richmond Managing Director