SCI Engineered Materials, Inc. · OTC:SCIA
SCI Engineered Materials — Shareholder Meeting (June 2009)
19 slides from SCI Engineered Materials's shareholder meeting presentation, Jun 10, 2009
Slide 1: 2009 Annual Meeting of Shareholders
2009 Annual Meeting of Shareholders June 10, 2009
Slide 2: Annual Meeting Agenda
Annual Meeting Agenda • To elect five directors of the Company, each to serve for terms expiring at the next Annual Meeting of Shareholders Robert J. Baker, Jr. Daniel Rooney Walter J. Doyle Edward W. Ungar Robert H. Peitz • To ratify the selection of the independent registered public accounting g f
Slide 3: Business Review
Business Review ¾ 2008 Achievements ¾ Sales and Marketing Activities ¾ SCI’s SCI’ MMarkets k t ¾ Financial Review 3
Slide 4: Safe Harbor Statement
Safe Harbor Statement This presentation and subsequent discussion contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe
Slide 5: 2008 Achievements
2008 Achievements • Appointed CCT-Solar as SCI’s exclusive manufacturer’s representative for 26 countries in Europe plus Russia and Turkey. • Awarded a grant from the Ohio Department of Development pursuant to the State of Ohio’s Third Frontier Advanced Energy Program for the commercialization of ro
Slide 6: Sales and Marketing
Sales and Marketing ¾ Direct sales force ¾ Manufacturers’ representatives Manufacturers CCT-Europe Europe, Russia and Turkey Itochu Corporation China Japan and Taiwan China, K-Met Co. Ltd. Korea 6
Slide 7: Global Photovoltaic Cell Manufacturing by Region 2008
Global Photovoltaic Cell Manufacturing by Region 2008 9% 19% Germany 12% Rest of Europe 7% America China 16% 6% Japan T i Taiwan Rest of the World 33% 7
Slide 8: 2009 Expo Schedule
2009 Expo Schedule Expo Name Dates Venue Location Notes Northern February 11 Wyndham, San Jose, Booth Shared California AVS San Jose California, with SemiWest V Vacuum USA and d NuGen N G Equipment Tech Expo Photovoltaic March 4-6 New Munich Munich, Booth Shared Technology Trade Fair Germany with CC
Slide 9: Markets
Markets Applications Photonics Thin Film Solar Thin Film Batteryy Semiconductor High Temperature Superconductor 9
Slide 10: Photonics
Photonics Photonics is currently SCI’s largest product line • Automotive industry • Lighting applications • Military applications 10
Slide 11: Thin Film Solar Technologies
Thin Film Solar Technologies Amorphous Silicon Cadmium Telluride Copper Indium Galium Selenide 11
Slide 12: Thin Film Solar
Thin Film Solar • The Thin Film Solar market grew to approximately 10% of the photovoltaic market during 2008 2008. • Thi This market k t iis fforecasted t d tto grow to t 34% off the th photovoltaic market by 2012. • Thin Film Solar sales represented about 8% of SCI’s revenue in 2008 and are expect
Slide 13: Semiconductor
Semiconductor • Received initial product trials during 2008. Unfortunately, those factories are now closed closed. • Diffi Difficult lt market k t conditions diti exist i t iin th the iindustry d t with ith many operations working at 50% of capacity. Availability of development p funding g from our
Slide 14: Cross-section of Ru-Nb Composite Target
Cross-section of Ru-Nb Composite Target SCI has applied for a patent to reduce the amount of expensive metal required for certain applications. 14
Slide 15: High Temperature Superconductors
High Temperature Superconductors • SCI continues using funded research to move the technology forward • U.S. US D Department t t off E Energy (DOE) awarded d d SCI ttwo Small Business Innovative Research (SBIR) grants in 2008 totaling approximately $850,000 to continue funding product development. 1
Slide 16: Condensed Statements of Operations
Condensed Statements of Operations $ in millions, except per share amounts 2004 2005 2006 2007 2008 Total Revenue $ 2.2 $ 3.5 $ 8.0 $10.8 $9.6 Gross Profit 0.2 0.9 1.8 2.1 2.2 General & Administrative Expense 0.9 0.8 0.9 0.9 1.0 Research & Development Expense - 0.2 0.2 0.4 0.5 Marketing & Sales Expe
Slide 17: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures $ in millions 2004 2005 2006 2007 2008 Net Income (Loss) After Dividends on Preferred Stock $(1.1) $(0.4) $0.3 $0.3 $0.1 Interest Expense, net 0.03 0.01 0.03 0.02 0.1 Income Tax Expense - - - - - Depreciation and Amortization Expense 0.2 0.2 0.2 0.3 0.4 EB
Slide 18: Condensed Balance Sheets
Condensed Balance Sheets $ in i millions illi 2004 2005 2006 2007 2008 Total Current A t Assets $0.9 $2.1 $1.9 $2.2 $3.3 Property & Equipment, at cost-less accumulated depreciation 0.9 0.8 1.1 2.3 2.3 Other Assets 0.05 0.04 0.3 0.1 - Total Assets $1 8 $1.8 $2 9 $2.9 $3 3 $3.3 $4 5 $4.5 $5 6 $5.6 Tot
Slide 19: SCI Engineered Materials, Inc.
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