Cyalume Technologies Holdings Inc
Cyalume Technologies — Investor Presentation (April 2013)
23 slides from Cyalume Technologies's investor presentation, Apr 1, 2013
Slide 1: …to become a global player in the non-lethal defense market
…to become a global player in the non - lethal defense market Investor Presentation March 26, 2013
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation may contain forward - looking statements relating to the development of Cyalume Technologies’ products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause ac
Slide 3: Cyalume Overview
Cyalume Overview 3 • Cyalume is a researcher, developer and manufacturer of highly specialized non - lethal Chemiluminescent and chemical products • Diverse product suite: chemical lighting solutions, non - pyrotechnic explosion simulation products, non - explosive munitions • Technology provides fo
Slide 4: Cyalume's Product Portfolio
Cyalume’s Product Portfolio Chemiluminescent & Reflective Products Cyalume is the world leader in the research, design, development and production of Chemiluminescent and Reflective products. CyMunitions Cyalume is the world leader in the development and production of Non - Pyrotechnic, Non - Dud Pr
Slide 5: Experienced Management Team Leading New Vision
Experienced Management Team Leading New Vision • In April 2012, Zivi Nedivi brought in as CEO to streamline the business, establish accountability across business units and drive sales growth • Formerly as CEO of Kellstrom Aerospace, a public company in the commercial and military aerospace aftermar
Slide 6: Financial Data
Financial Data Current Ratio as of 12/31/12 1.14 Book Value per Share as of 12/31/12 $ 1.22 Cash as of 12/31/12 $ 2.7 Million Debt as of 12/31/12 $ 20.9 Million 6 $ in thousands (except per share data) 3 Months Ended Change (2) Year Ended Change (2) 12/31/12 12/31/11 12/31/12 12/31/11 Revenues $ 11,
Slide 7: 2012 Year-End Results & Initial Expectations for 2013
2012 Year - End Results & Initial Expectations for 2013 7 Q4’12 • Revenues of $11.6 million - 39.3% ahead of $8.3 million reported for Q4’11 - 15% ahead of $10.1 million reported for Q3’12 2012 Full Year • Revenues of $38.6 million - 11.4% ahead of $34.7 million reported for 2011 2013 Full Year • Ex
Slide 8: TTM Revenue
$30,000 $32,000 $34,000 $36,000 $38,000 $40,000 $42,000 TTM Revenue Monthly TTM Revenue Major initiatives were taken and strategies were put in place to turn around the business 8
Slide 9: TTM EBITDA
$4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 TTM EBITDA Monthly TTM EBITDA Major initiatives were taken and strategies were put in place to turn around the business 9
Slide 10: Global Reach: Customers in +50 countries
Global Reach: Customers in +50 countries 10 Cyalume offices Cyalume manufacturing centers
Slide 11: Unique Technology
Unique Technology • Pioneered chemical light development 40 years ago • Reliable, military - approved ammunition training technology is environmentally friendly, does not produce dangerous, toxic duds and eliminates risk of range fires in training areas • Versatile chemistry can be integrated into a
Slide 12: Business Units
Business Units Chemiluminescent & Reflective Products CyMunitions Tactical & Training Solutions Cyalume Specialty Products 12
Slide 13: Product Lines
13 Product Lines Chemical Light • Light sticks – 1.5 inch mini’s to 15 inch sticks • Visi - pad, Circles, Personal Marker Light, SOS, Wrist Bands, & Accessories • Tri - pods, Flare Alternatives Surface Trip Flare, S.E.E. System & Light Stations Reflective Products • Retro Reflective Photoluminescent
Slide 14: Cyalume's suite of products are essential for soldier safety and operations
• At Sea Aircraft recovery • Identification Marking Friend or Foe • Combat Support / Close Air Support • Landing Zone Marking • Combat Service Support for Night Operations • Perimeter Control • Aerial Re - Supply • Marking Positions • Fratricide Reduction • Movement Control • Casualty Evacuation • N
Slide 15: CyMunitions
CyMunitions Chemiluminescent technology is suitable for both training and tactical munitions applications CyMunitions 15
Slide 16: Explosion Effects Simulators
Explosion Effects Simulators • Adds enhanced realism to training exercises for soldiers and SWAT teams • Non - pyrotechnic and safe at detonation point allows for immediate proximity to devices IED Simulator Pressure Sensitive Landmine Hand grenade Tactical & Training Solutions 16 Services Battlefie
Slide 17: Cyalume Specialty Products
Cyalume Specialty Products is a researcher, developer and manufacturer of highly specialized chemical products. 17 Cyalume Specialty Products
Slide 18: Cyalume Specialty Products manufactures and produces
Cyalume Specialty Products manufactures and produces: • Pharmaceutical raw materials for use in drug products • Specialized cosmetic ingredients • Polymeric resins for use in military aerospace applications • Pharmaceutical polymers for use in specialized medical devices • Active ingredients for pre
Slide 19: Defense Industry Backdrop
Defense Industry Backdrop • Declining military budgets and uncertainty in related development programs as deployments decrease • Thousands of companies from large to small are affected • Differentiation with real IP and competitive advantages is becoming a survival factor • Niche segments still show
Slide 20: Market is Large and Ripe for Consolidation
Market is Large and Ripe for Consolidation Industry wide issues….. • Numerous companies, big and small are lacking capital and new programs to sustain growth, and are facing declining customer budgets and fierce competition • Funding uncertainty is reducing M&A activity, which when combined with dec
Slide 21: Consolidation Strategy & Vision
Consolidation Strategy & Vision • Utilize Cyalume platform as a public company with strong management, experienced in operations and M&A, and significant IP, to be an industry consolidator in the space • Continue to optimize operations and make strategic acquisitions to create scale and shareholder
Slide 22: Contact Investor Relations
Contact Investor Relations The Equity Group Inc. Lena Cati [email protected] Tel: 212 836 - 9611 22
Slide 23: …to become a global player in the non-lethal defense market
…to become a global player in the non - lethal defense market Investor Presentation March 26, 2013
Cyalume Technologies Holdings — Investor Presentation (April 2013) on 6ix