shareholder update november 2007 peter bondar
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Shareholder Update November 2007Peter Bondar
Chief Executive Officer Tadpole Technology plc
Agenda IntroductionsShareholder updateQuestion and Answer SessionFormal AGM voteDemonstrations and networking opportunity
Corporate Structure (May 2007)Tadpole Technology plcLSE Tad (c406m shares)
Geospatial Division UK based
Streaming DivisionUS (ETI&STI) and UK
Corporate Structure (November 2007)Tadpole Technology
(Endeavors) plcLSE Tad (c426m shares)
Endeavors Technologies Ltd
York, England
Endeavors Technologies IncIrvine, California
Endeavors IP/TBA
Technology Dynasties: Riding the next wave!
1950s Batch Processing IBM Mainframe
1960s Teletype Online IBM Mainframe
1970s Dumb/Glass Terminal OnlineIBM/DEC Mini
1980s Client Server ComputingOracle
1990s Thin Client Computing Sun/Oracle/Citrix
2000s Application Streaming / Virtualization/SaaS/ODAMicrosoft, VMware, Endeavors
On Demand Applications
VirtualizationSoftware as a Service
Markets and RelationshipsApplicationStreaming
Where is the market?
Where are we?
The Management Peter Bondar CEO; 52, 30 years IT expertise, start-ups, turn around
specialist Juan Salcedo CFO; 50, Metrics focus Art Hitomi CTO; 35, Co-Founder Endeavors, Neil Gardner VP Marketing; 43, 21 years product management and
marketing Jan Tarzia Press, Investor Relations, Analyst Liason
Martin Kirkby VP Sales EMEIA; 43, High Technology Enterprise sales Andy Cole VP Sales North America; 48, High Technology Channel sales
Operational Status – ProductCustomer/Prospect/Partner Contact shows:
Great product Softgrid/Thinstall/Citrix
“they do NOT do what it says they do on the tin” Very strong in SaaS “Probably the best application virtualization product
in the world”
Operational Status – Sales USUS sales team failed to meet expectations: action taken!
New Management New Support Direct sales, not yet exploiting SaaS opportunities Shrink-wrap business model only First US channel partner announced today: Vector
Networks
Operational Status – Sales EuropeEuropean sales team performing well
21 Proof of Concepts under way Strong pipeline of suspects and prospects Healthy interest in SaaS and Enterprise OEM/Transactional Models/Shrink-wrap all in play More channel partners coming and a JV!
Operational Status – EngineeringFirst major new product debuts at Network Interop
Application Jukebox The best product set in the world just got better!
Foundation for all next generation productsFocus on delivery of next generation products
On time, on budget to the right quality level
Operational Status – Service DeliveryNew organizational unitManaging Proof of ConceptsPost sales field and customer supportLocalization and custom integration
Operational Status – MarketingGood progress in Analyst /Press RelationsIntegrated European market programs and
telesales proves it worth: US to now followNeed to do more: more resources required
Illustrative Customers SoftBank aka Vodafone Japan
World’s largest deployment of application streaming/SaaS 450,000 users Scale and efficiency of deployment (Only 7 servers)
Parsons Engineering US’ largest corporate deployment of application streaming/on demand
applications 2,500 Applications, help desk reduced from 50 people to 2
Wyse Worlds largest supplier of network computing solutions
Multi million dollar OEM deal
IP Position8 patents issued / 25+ pendingBoth breadth and depthSome predate all other competitorsIndependently validated by US patent specialistsAgreements signed with Microsoft, Citrix, Appstream,
Exent Further opportunities with these and all other entrants
No new entrant can create a product without potentially infringing patents!
The Board David Lee: Chairman Peter Bondar: CEO John Bolitho: NED NED 2 NED 3
Q+A
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