1 firm overview alejandro garcia del bosque stantum, inc. december 13, 2010

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1 Firm Overview Alejandro Garcia Del Bosque Stantum, Inc. December 13, 2010

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Page 1: 1 Firm Overview Alejandro Garcia Del Bosque Stantum, Inc. December 13, 2010

1

Firm Overview

Alejandro Garcia Del Bosque

Stantum, Inc.

December 13, 2010

Page 2: 1 Firm Overview Alejandro Garcia Del Bosque Stantum, Inc. December 13, 2010

22Alejandro Garcia Del Bosque

I. Company Overview

II. Management

III. Investors

IV. Product

V. Technology

VI. Market Overview

VII. Competition Analysis

VIII. SWOT Analysis

IX. USPs

X. Recent Venture Capital Investments in the Sector

Table of Contents

Page 3: 1 Firm Overview Alejandro Garcia Del Bosque Stantum, Inc. December 13, 2010

33Alejandro Garcia Del Bosque

I. Company Overview

Stantum, Inc.107 cours Balguerie StuttenbergBordeaux 33300 Francewww.stantum.com

• Private company established in 2002, originally launched under the name JazzMutant.• Developer and licenser of multi-touch screen technologies.• 40 employees worldwide with a strong focus on engineering and support.• Holder of Multi-touch screen key industry patents.• Introducer of the first commercially available all-in-on-multi-touch development kit in the market.• Strategically allied with key manufacturers in the touch-screen industry.

Offices Locations

Berkeley,CA U.S.A

Tokyo, JAPAN

Taipei, TAIWAN

Bordeaux, FRANCE

Highlights & Achievements2002 -Company founded under the name “JazzMutant”2003 -First patents about multi-touch technology2004 -Release of the “Lemur”, first multi-touch product

available to consumer market2005 -Huge awareness in music industry through

adoption by acclaimed artists2006 -JazzMutant becomes Stantum and starts its

licensing activity2007 -First licenses secured

-Management team reinforced -Embedded demo kits released

2009 -Series B financing round -Major multi-touch patent granted in Europe and China -Single chip solution available for mass production -Opening of USA, Japan and Taiwan offices

2010 –Stantum licenses’ single chip solution available for mass production

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II. Management

Board of directors

CEO

Chief Technology Officer Chief Strategy Officer

Philippe Granger Valéry Huot Nicolas T. Rose

Robert Pelissier

Pascal Jouget Guillaume Largillier

• Partner at Auriga Partners.• Former IT researcher at the Ecole

Polytechnique, Carnegie Mellon University and Ecole Normale Superior.

• Board member of eXo Platform SAS, Innovative Silicon, Inc. and Neolane, Inc.

• 25 years of experience in business development and executive management.• Former Marketing & Business Development Consultant at VirtualLogix.• Former founder and CEO of ESO Technologies• Former South Europe Managing Director at Force Computers (Motorola ECC).• Former Sales Director at Thales• Former France Sales Manager at Texas Instruments • Graduate of the Ecole des Mines d'Alès and the ESCP Europe .

• Managing Partner at Xange Private Equity and Xange Capital.

• Former Deputy Manager at ABN AMRO Venture funds, where he specialized in high tech financing.

• Board member of Neolane, Inc., Streamlite, Inc. eXo Platform SAS and Vision Objects SA

• Co-founder of Stantum Technologies.• Strong technology background in physics

and electronics.• Former sound engineer at the IRCAM.• Holder of an MA degree in physics at the

University of Bordeaux and a degree in sound engineering from the SAE Institute in Paris.

• Co-founder of Stantum Technologies.• Former Chief Executive Officer of

Stantum Technologies.• Strong expertise in multi-modal user

interface. • Holder of an MA degree in audio visual

studies at the University of Bordeaux.

• Managing Partner at CDC Innovation• Former Deputy Managing Director at FP

Gestion, Project Manager at the French Defense Procurement Agency and responsible for SME financing at the French Ministry of Finances..

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III. Investors

2002Foundation ofStantum (JazzMutant SAS)

2002 2003 2004 2005 2006 2007 2008 2009 2010

July 2007€1.8 Million raised in 2nd round of funding

2004Successful 1rst round of funding (amount undisclosed)

March 2009€13 Million raised in 3rd round of funding

1rst Round of Funding 2nd Round of Funding 3rd Round of Funding

• Investors involved:1. Aquitaine Création

Investissements, S.A.S.2. Galia Venture, S.A.S.

(Fund managed by Expanso Capital)

• Amount Invested: Undisclosed

• Investors involved:1. Aquitaine Création

Investissements, S.A.S.2. Xango Private Equity, S.A.

• Amount Invested: €1.8 Million

• Investors involved:1. Auriga Partners2. CDC Innovation3. Xange Private Equity, S.A.

• Amount Invested: €13 Million • €10 Million in Series B by Auriga

Partners and CDC Innovation

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IV. Product

Multi-touch systems based on PMatrix™ technology

• True multi-touch-screen panels for diverse applications including game interfaces, music interfaces, personal computers, multi-user interfaces and others.

• Compatibility with resistive touch-panels that meet Stantum’s guidelines.

• Available for mass production from leading manufacturing partners.

• Business model based on software & IP licensing

General Information

• Technology implemented from 2” to 15.4”• Software based on C++ on MCU• Connectivity via USB, SPI,I2C and USART• Area detection: 12k gates and 10kbits of RAM• Configuration interface: 5k gates• Scanning system: 3k gates

Features Performance

• Unlimited number of touches detection and tracking

• Block oriented design• Portable and light weight• Low memory and code

footprint

• Detection of fingers, gloves, stylus and any contact object

• Low power consumption• Faster scanning rate• Precision is linear• Performance is not

affected by the size

Tablet PC MIDs

Gaming

Mobile Phones

GPS Industrial

Representative applications

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V. Technology

• PMatrix™ as the core of Stantum’s multi-touch technology.

• Based on touch-screen resistive technology.• Multi-touch panel able to scan and deliver an exact

representation of what’s happening on the touch-panel .• Patented and breakthrough multi-touch technology

available under license of IP bricks, associated engineering and design services.

• Worldwide patents anteriority:• Priority date February 2004, granted in Europe and

China : EP1719047, CN100447723C• Patent applications in the USA, Europe, Asia :

WO2005091104, US2007198926, JP2007527061

(Portfolio includes more than 15 Patents worldwide).

Unmatched touch performances 10+ touches (unlimited)Touch input with fingers, stylus, nails, gloved hands, etc.Finger-pressure detectionHigh responsiveness (touch detection, tracking, gestures)Easy integration & efficient solution Low power consumptionLow solution costImmunity to EMI issues: easy coexistence with antennasSuperior lifetimeScalable from mobile to desktopAdvanced features Low activation forceUnprecedented precision

High pointing and tracking accuracyPerfect linearity (same precision at the border and at the edges)No jitter

No calibration required

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VI. Market Overview : TOUCH-SCREEN

• Strong global market growth expectations during the next 5 years.• Mobile phones, portable navigation devices, and gaming applications are expected to be the key drivers of growth.• 12 different touch-screen technologies serving diverse markets.• Projected Capacitive technology will surpass Resistive technology for the first time in market share during 2010.• Touch-screen is becoming recognized as standard requirement in the mobile phone industry. • Penetration of touch-screens in the mobile phone industry will exceed 50% in 2016 (25.6% actual).• Industry is populated by big size companies with touch-screen development divisions, as well as SME companies focused on

developing and manufacturing touch-screen technologies, being the last group the majority.• Some of the touch-screen technology is developed outside of China, while he majority of touch-screen manufacturers are

situated in China.

Source: DisplaySearch 2009 Touch Panel Market Analysis Source: DisplaySearch 2009 Touch Panel Market Analysis

Global Market Value 2009 (US$4.3 billion)

$5.1$6.0

$7.1$8.3

$9.8

$11.6

$13.7

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

2010 2011 2012 2013 2014 2015 2016

Global Market Value (US$ billion)5% 4%

5%

5%

31%

50.00%

Technologies Market Share 2009

Resistive

Projected Capacitive

Optical ImagingAcustic

Surface Capacitive

Others

Optical Imaging

Resistive

Projected Capacitive

Optical ImagingAcustic

Surface Capacitive

Others

Optical Imaging

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VII. Competition Analysis

*TPK Holdings

*Wintek Corp. Stantum, Inc. Synaptics, Inc. Atmel Corp. Apple, Inc.

Ownership Public (TAIEX:3673)

Public (TAIEX:2384)

Privately Held Public(NASDAQ:SYNA)

Public(NASDAQ:ATML)

Public (NYSE:AAPL)

Location China Taiwan France USA USA USA

Venture Backed

Main Focus on Touch-screen Technologies

Research & Development

Patented KeyTouch-screen Technology

Strong Client Base

Manufacturer

Strategic Alliances with Manufacturers

* TPK Holdings and Wintek Corp. are the biggest SME players. They are the touch-screen providers for Apple’s iPhone,iPod Touch and iPad.

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VIII. SWOT Analysis

Lack of scale Declining performance of resistive technology within the

touch-screen market

Steady strong growth rates of the touch-screen market Strategic alliances with

manufacturers Growing global mobile phone

industry

Intense competition Dynamic industry with constant

product innovation

Strengths Weaknesses

Opportunities Threats

Holder of Key patents within the multi-touch-screen industry Focus on research and development Strategic alliances with manufacturers Windows 7 certified by Microsoft

Fast growing market share of projected capacitive technologies within the touch-screen industry

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IX. Unique Selling Proposition

“Take the user experience to a whole new level with a real unlimited multi-touch screen”

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X. Recent Venture Capital Investments in the Sector

2007 2008 2009 2010

April 2010

Tap ‘n Tap, Inc. raised $2.25 million in Series A funding.

Investors:• New Atlantic Ventures• Undisclosed Angel

Investors

Nov 2007

OpenPeak, Inc. raised $30 million in Series C funding.

Investors:• RRE Ventures LLC• Millennium Technology

Ventures• GMG Capital Partners

Jun 2010

OpenPeak, Inc. raised $52 million in funding.

Investors:• Intel Capital• RRE Ventures LLC• Millennium Technology

Ventures• GMG Capital Partners

Nov 2010

Fusion Garage Pte., Ltd. raised $5.05 million in second round of funding.

Investors:• Undisclosed Investors

May 2009

Touchmedia raised $14.7 million in new round of funding.

Investors:• CDIB Capital, Ltd.• Qiming Venture

Partners• Mustang Ventures• TLC Capital Company

April 2009

Swype, Inc. raised $1.75 million in venture funding round

Investors:• Undisclosed Investors

Jun 2008

F-Origin, Ltd. Technologies raised $5 million in venture funding

Investors:• Keynote Ventures

Jan 2008

Touchmedia raised $13.9 million in series B funding

Investors:• TLC Capital Company• Mustang Ventures• HSR Ventures• Qi Ming Ventures• LG Venture Investments

Oct 2010

Light Blue Optics raised $13 million in venture funding.

Investors:• DFJ Espirit• Capital-E

Sources: Marketline and Mergermarket