seesmart corporate presentation sept 2011

17
September 2011 Brooke Wagner COO

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Page 1: Seesmart corporate presentation sept 2011

September 2011

Brooke Wagner – COO

Page 2: Seesmart corporate presentation sept 2011

• Lighting Technology is a very large & fast growing marketing

• Annual Light Bulb sales in the U. S. are approximately $50 B

• 46% of commercial electricity expense driven by lighting

• Gov’t mandated phase out of the incandescent bulb – Dec. 2012

• LED lighting is the fastest ROI “Green Tech” on the market

• Traditional lighting manufacturers are behind the technology curve

• Product quality is widely disparate across the industry

Page 3: Seesmart corporate presentation sept 2011

• Seesmart is leading the development of real world LED lighting applications

• Over 125 products & 325 sku’s

• Established and growing direct & indirect sales channels

• GSA Approved

• Rapidly growing Revenues

• 2009 - $3.6M

• 2010 - $5.9M

• 2011 - $11.0M (fcst)

• 2012 - $25.0M (fcst)

Page 4: Seesmart corporate presentation sept 2011

Founded in July 2008 following 5+ years of R&D

• Publicly Traded

• Proven team

• Proprietary technology

• Broad product range

• 30+ Exclusive Seesmart distributors & dealers

Headquarters Facility: Simi Valley, California

Page 5: Seesmart corporate presentation sept 2011

• Over 325 Sku’s and 125 different products across a wide range of applications

Page 6: Seesmart corporate presentation sept 2011

LED Lighting is one segment in a broader industry ecosystem

LED

Lighting

Technology

Industry

Energy

Industry

•Chip manufacturing

•Thermal management

•Optics

•Materials &

construction

•Electricity

•Energy management

•Green Energy

Page 7: Seesmart corporate presentation sept 2011

Top LED chip manufacturers

13%

21%

23%

43%

• Televisions & Monitors

• Mobile Phones

• General Illumination

• Notebook/PC

• China and Taiwan lead the world in development and production of LEDs

• Therefore, they lead in engineering capabilities and resources

Page 8: Seesmart corporate presentation sept 2011

The BIG Three

• GE

• Sylvania - OSRAM

• Philips

The Others…

• BETA LED

• LEDtronics

• LED Power

• Sharp

• Panasonic

Virtually every new

technology has created a previously

unknown market leader

Page 9: Seesmart corporate presentation sept 2011

Rapid & Revolutionary Change

Rapid Computer Development

= Rapid LED Lighting Development

Smaller Size = Smaller Size

Lower Cost = Lower Cost

Processor Speed = Light Output

Production Volume = Production Volume

• Technology is changing on a daily basis

• Performance & feature gains

• Smaller & smaller packages

• Other spin-off technologies

Page 10: Seesmart corporate presentation sept 2011

• Just beginning to reach early adopters

• Longer, more technical sale

• Vendors must prove claims

• Higher Upfront Cost requires financial justification

• Significant customer education is necessary

2011

Page 11: Seesmart corporate presentation sept 2011

Seesmart LED technology offers:

• 50-90% energy savings

• Compatible with alternative energy sources

• Provides direct replacement lighting

• Commercial & residential applications

• Zero-maintenance

• Long life: up to 50k hours

• Environmentally-friendly products: recyclable & no mercury content

Leading Companies Choose Seesmart:

US Government County of Westchester

Hotels: Marriott, Hyatt, Waldorf Astoria Pepsico

LA Unified School District Raytheon

BMW Memorial Sloan Kettering

Page 12: Seesmart corporate presentation sept 2011

Seesmart offers unrivaled customer service and support.

Training Center, Illinois

Page 13: Seesmart corporate presentation sept 2011

Management Team

Ken Ames – CEO & Co-Founder 28 years experience

Founder/Key Executive of 3 technology companies

Marketing/Sales, Distribution, Customer Service

Raymond Sjolseth – President & Co-Founder 19 years experience

Founder of 3 companies

Engineering, Technology, Product Development

Brooke Wagner – Chief Operating Officer 25 years experience

CFO, Marketing & Sales, Investor

Global public technology companies

Page 14: Seesmart corporate presentation sept 2011

Revenue Results:

2009 $3.6M

2010 $5.9M

6MTD 2011 $4.0M

2011 Fcst $11.0M

2012 Fcst $25.0M

Recent Public Annoucements

Dealer expansion – Los Angeles

Master Logistics Partnership – Steven Engineering

$1.2M US Government Order

Page 15: Seesmart corporate presentation sept 2011

• Seesmart is leading the development of real world LED lighting applications

• Over 125 products & 325 sku’s

• Established distribution channels

• Growing first-tier customer base

• Rapidly evolving market dynamics favor Seesmart

• Experienced management team

• Significant growth & expansion opportunity

Page 16: Seesmart corporate presentation sept 2011

There are lots of light sockets in the world to fill…

Page 17: Seesmart corporate presentation sept 2011