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Connecting the world, one app at a time Acquisition of Syntonic Investor Presentation December 2015 Pacific Ore Limited ABN 68 123 867 765 For personal use only
Connecting the world, one app at a time
Acquisition of SyntonicInvestor Presentation
December 2015
Pacific Ore LimitedABN 68 123 867 765
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The Syntonic Executive Team
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• Built and Managed the client platform team at RealNetworks• Founder of Adroit Business Solutions, media solution enabler to the Fortune 100
• Developed first version of RealVideo• Executive at Hutchison Whampoa “3”• Director at Microsoft
Gary S. Greenbaum, Ph.D., Co‐Founder, CEO
Rahul Agarwal, Co‐Founder, CTO
20+ years of product and marketing experience at Adobe, EA, PopCap Games, and RealNetworks
Ben Rotholtz, VP MarketingFounders Leadership
Advisory Board
• Steve Elfman, former President at Sprint• Rudy Gadre, former VP & General
Counsel at Facebook• Bill Richter, former President at
EMC/Isilon Storage Division
December 2015
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Syntonic: Mobile Connectivity as a Service
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B2B Opportunity:Corporate Sponsorship for BYOD
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Personal Mobile Devices are Taxing Business
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SecurityBlurred lines between personal and business introduce corporate vulnerabilities
CostNo means to separate personal and business use, resulting in >50% overspend for employee reimbursement
VisibilityLack of usage insight needed for regulatory compliance, budgeting, and time tracking, creating corporate liabilities
BYOD will grow over 50% in the next 3 years to 330 million devices, but the benefits are compromised by inefficiencies(IDC 2014)
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Syntonic DataFlex is a suite of mobile connectivity services for managing employee costs, advancing business intelligence, and enhancing device security for companies deploying BYOD. Helps companies reduce their monthly BYOD expenditure by up to 50%.
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Split billing for personal and business use
Predictive Risk Assessment
App‐levelusage analytics
December 2015
Syntonic DataFlex®Realizing the Value of BYOD
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Syntonic DataFlex Addressable Market
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WW Total Addressable Market Size(BYOD and COPE Smartphone used for Work)
IDC 2013
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0
100
200
300
400
500
600
2014 2015 2016 2017 2018
Millions of S
martpho
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Top U.S. Private Sector Mobile Workforce
Source: 2012 NAICS
0 5 10 15
Health care
Hotel and FoodServices
Professionaland Technical…
Finance &Insurance
Transportation& Warehousing
Information
Real Estate
Utilities
Millions EmployeesSmall (20‐100) Mid Sized (100‐ 500) Large (>500)
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Syntonic DataFlex Components
Admin Management Dashboards
Mobile DeviceApplicationDecember 2015
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Syntonic DataFlex Revenue Model
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$/device
Mid‐Sized Company
Monthly Revenue Flow: Direct Sales Through Self‐Service Portal
Syntonic DataFlex Services• Syntonic DataFlex Standard• Add‐Ons: Expense Mgmt Connector
• Maintenance & Support
CostsHosting (AWS)
Enterprise
Monthly Revenue Flow: Indirect Sales for Enterprise Customers
Syntonic DataFlex Services• Syntonic DataFlex Premium• Add‐Ons: Expense MgmtConnector, EMM Connector
• Maintenance & Support
$/device
Net RevenuePer device/mo
$/device
Reseller
Net RevenuePer dev/mo
CostsHosting (AWS)
Value‐Add Reseller x% commission
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December 2015 10
CONSUMER OPPORTUNITY
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December 2015 11
Connecting the Next Two Billion Consumer Devices
Developed Markets Opportunity Emerging Markets Opportunity
Problem: Consumers are not purchasing data plans for these new application‐centric devices.
Problem: 60% of world’s population is not connected to the Internet. This digital divide hampers economic and social progress.(The Affordability Index, 2013)
0
100
200
300
400
500
600
2013 2014 2015 2016 2017 2018
Millions Shipp
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Connected IoT Devices
4G Connected Cars 4G Connected PCs/Tablets Smartwatch
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2013 2014 2015 2016 2017 2018
Millions Shipp
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Smartphone Shipments
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Freeway by Syntonic®Transforming the mobile data network to a content services network
Freeway Deployments• AT&T: World’s first sponsored
data store (October 2014)• Sponsored Data Exchange:
World’s first sponsored data exchange connecting app developers, content providers, sponsors & operators (early 2016)
Freeway Mobile ExchangeEnabling content and consumer friendly models for monetizing mobile Internet access:
– Sponsored Access: by ads or content providers
– Connected Content Subscriptions– Premium Paid Apps– And more…
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Syntonic Confidential 13
Freeway by SyntonicFor Consumers, Content Providers, Sponsors, Mobile Application Developers and Operators
App Developer Management Console
Mobile Application
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Mobile carrier as the customer:• Annual License (includes tier‐2 support)• Revenue Share: data tariff ($/MB), % of gross margin,
or other • Fees for service operations, SLA, and optional add‐ons
Brand as the customer, e.g. Expedia:• Revenue Share and/or monthly data tariff
Freeway by Syntonic Business Model
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Corporate Overview
History• Incorporated in April 2013 with business operations in Seattle, WA• Intellectual Property developed over 2.5 years:
– 3 essential patent filings – U.S. registration for Syntonic service and trade marks– Syntonic’s Website, LinkedIn, Twitter, and Facebook properties
• Deployments:– Freeway by Syntonic launched October 2014 on AT&T Network – Syntonic DataFlex self‐service portal for trial since August 2015
Upcoming in 2016• Broad industry deployment for Syntonic DataFlex in North America• Expanding operator footprint to Southeast Asia for Freeway by Syntonic• Tier‐1 content provider sponsored data deployments
December 2015 15Syntonic Confidential
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Pacific Ore Limited (ASX:PSF) has entered into a conditional agreement to acquire 100% of Syntonic Wireless, Inc.
Acquisition Overview
December 2015 16
Pro‐Forma Capital Structure Shares Options
Current 656,776,880 Nil
Consideration Shares 2,650,000,000 Nil
Capital Raising 280,000,000 Nil
Capital Raising and Transaction Options Nil 152,500,000
Total post Acquisition 3,586,776,880 152,500,000
Indicative Timetable
Completion of due diligence period 14 February 2016
Despatch of Notice of Meeting 24 February 2016
Lodge Prospectus with the ASIC and ASX 11 March 2016
Opening Date of the public offer 11 March 2016
General Meeting to approve Acquisition 25 March 2016
Closing Date of the public offer 8 April 2016
Re‐compliance with Chapters 1 and 2 29 April 2016
Re‐quotation of Pacific shares on ASX 6 May 2016
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This presentation has been prepared by Pacific Ore Limited (“Pacific”) as a summary only, and does not contain all informationabout Pacific’s or Syntonic Wireless, Inc.’s (“Syntonic”) assets and liabilities, financial position and performance, profits andlosses, prospects, and the rights and liabilities attaching to Pacific’s or Syntonic’s securities.
Some of the statements contained in this report are forward looking statements. Forward looking statements include but arenot limited to, statements concerning Pacific’s and Syntonic’s business plans, expected costs, and expected revenues, and otherstatements which are not historical facts. When used in this presentation, and in other published information of Pacific’s andSyntonic’s, the words such as “aim”, “could”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressionsare forward‐looking statements.
Although Pacific believes that its expectations reflected in the forward‐looking statements are reasonable, such statementsinvolve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward‐lookingstatements.
Pacific does not purport to give financial or investment advice. No account has been taken of the objectives, financial situationor needs of any recipient of this presentation. Recipients of this presentation should carefully consider whether the securitiesissued by Pacific are an appropriate investment for them in light of their personal circumstances, including their financial andtaxation position.
Disclaimer
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For More Information
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Syntonic119 First Ave, Suite 100Seattle, WA 98104
Contact: Gary Greenbaum, [email protected]
Web:www.syntonic.com
Email:[email protected]
Twitter:www.twitter.com/syntonicinc
Facebook:www.facebook.com/syntonicinc
LinkedIn:www.linkedin.com/company/syntonicinc/
December 2015
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Appendix
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Syntonic DataFlex Competitive Landscape
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Enterprise Mobility Services Syntonic DataFlex
Blackberry (Good Technologies)
Wandera Cass Information Systems
Movius
IT Employee Provisioning Portal Company‐Liable and BYOD Split Billing
(Stipend payment system only)
(Split billing only for
voice calling)
Enterprise Service Offering SMB Service Offering Adaptable to EMMs App Usage Analytics Self‐service web console Predictive Risk Assessment Supports any smartphone application Operator independent F
or p
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Freeway by Syntonic Competitive Landscape
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Sponsored Data Solution Freeway by Syntonic
Aquto DataMi LotusFlare Jana Mobile
Agile Cloud‐based platform Client for supporting iOS and Android
(Android only)
(Android only)
(Android only)
Deployments with major MNOs Proven telco‐grade, high availability infrastructure Application SDK Sponsored data support for applications and web sites White‐labeled platform and service Multi‐carrier and exchange portal for managing sponsorship campaigns
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