ASX Ticker: PSY‌‌‌‌‌‌‌‌‌‌‌

Company Update

23 September 2016

Investment highlights

Panorama provides valuable exposure to the rapidly growing microelectromechanical systems (MEMS), MEMS-based spectroscopy, sensor applications, and the Internet of Things (IoT) sectors

  • Top tier Board and management team with extensive industry experience, invested in Panorama's success

  • Focused commercialisation strategy with multiple paths to market

  • Significant investment in the technology has already occurred, positioning Panorama for significant growth

  • Very large addressable market comprising:

    • MEMS market: CAGR of 11% and forecast to grow to US$32 billion by 20241

    • Spectroscopy market: CAGR of 2.9% and forecast to grow to US$15.6 billion by 20202

    • Sensor market: CAGR of 11% and forecast to grow to US$190 billion in 20213

    • IoT market: CAGR of 39% and forecast to grow to US$7.1 trillion by 20204

  1. HIS Inc, Yole Development, EE Times

  2. Bcc research, global markets for spectroscopy equipment

  3. Bcc research, global markets and technologies for sensors 2

  4. CISCO and International Data Corporation forecast

Corporate Overview Panorama is a leading Australian developer of innovative sensor technology

Corporate summary

  • Best-in-class proprietary technology with a broad range of applications across multiple industry sectors in a rapidly growing market

  • Currently focused on two sensor technologies: LumiMEMSTM and MEMS-based spectroscopy

  • Supportive cornerstone investors, with high levels of management ownership and significant founder holding

  • Close links with University of WA's Microelectronics Research Group

    Share price (A$)

    0.30

    0.20

    0.10

    -

    Volume (m)

    30

    20

    10

    -

    (MRG)

    Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

    Volume PSY

    Top shareholders 1 Capital structure

    Shareholder

    Shares

    %

    King Group (John King, active technology investor)

    139.9m

    27.6%

    Flet Investments (Terry Walsh, CEO)

    44.0m

    8.7%

    Share price (23 September 2016)

    A$

    0.09

    Number of shares2

    m shares

    506.2

    Market Capitalisation

    A$m

    46.0m

    Cash (30 June 2016)

    A$m

    3.7

    Enterprise value

    A$m

    42.3m

    Source: IRESS

    Financial information

  • Company filings as at 18-Sep-15 - no significant changes since 3

  • Excludes unlisted options (10m options at A$0.14 exercise price, exp 15-Dec-16; 9.4m options at A$0.70 exercise price, exp 30-Sep-17; 8.8m options at A$1.20 exercise price, exp. 30-Sep-18)

  • Board and Management Panorama is led by a strong Board and proven management executives

    Board

    Management

    Dr Nigel Finch

    Executive Chairman

    • Managing Director at Saki Partners Transaction Advisers

    • Has held director and senior management roles focused on strategy execution, and financial performance and management

    • 10 years experience in University sector and former Associate Dean at the University of Sydney

    • Non-Executive Director of Mach7 Technologies (ASX:M7T)

Glenn Ross

Non-Executive director

  • Prior experience in technical and sales roles at multinational corporations

  • Extensive investment experience in both public and private companies

    Terry Walsh

    Managing Director & CEO

    • More than 28 years of experience in the technology industry

    • 15 years at Cisco Systems, including MD of Cisco's Australia / New Zealand business and CEO of Cisco's Canadian operations

      Dr John Bumgarner

      Chief Technology Officer

      • More than 30 years of industry and academic MEMS technology experience

      • Former Process Integration Manager at Intel, and Research Manager at SRI International, Microfabrication Manager at University of South Florida, and Operations Manager at Stanford University's Nanofabrication Facility

Dr Claudia Kuettel Advanced Technology Projects

  • Significant sensor industry experience, having recently worked at Sensirion, a world leading sensor development and manufacturing company, where she was responsible for the commercialisation of MEMS sensors

  • Extensive academic research background and holds a PhD in Sensor and Actuator Systems

    Brian Goodman

    Chief Operating Officer

  • 20 years of product management experience

  • Former Global Product Manager with Thomson Reuters (London), and Product Development Manager for Australian Securities Exchange (Sydney)

  • Academic qualifications include Master of Business Administration, and Master of Applied Finance

4

Panorama Synergy Limited published this content on 23 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2016 23:47:06 UTC.

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