fewzion at slingshot 2013

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Fewzion at the 2013 Slingshot Accelerator Demo Day

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PUTS A PLAN IN THE HAND OF SHIFT SUPERVISORS

AND HOLDS THEM ACCOUNTABLE FOR

EXECUTING IT powerfully simple shift management

FOUNDERS ALEX RETZLAFF

PAUL MOYNAGH

www.fewzion.com gust.com/c/fewzion

THE CLOSER YOU GET TO THE COAL FACE THE WORSE THE MANAGEMENT TOOLS GET

CLUNKY SPREADSHEETS

TIRESOME WHITEBOARDS

CLUNKY SPREADSHEETS

TIRESOME WHITEBOARDS

CLUNKY SPREADSHEETS

PAPERWORK

TIRESOME WHITEBOARDS

CLUNKY SPREADSHEETS

PAPERWORK

WASTING VALUABLE TIME AND ENERGY

COST FOR CONSULTANTS TO DESIGN AND IMPLEMENT THESE SYSTEMS?

$1m – $2m VERY SELDOM SUSTAINED!

IT’S THE 21ST CENTURY!

FEWZION MAKES IT EASIER TO IMPLEMENT AND SUSTAIN AN EFFECTIVE MANAGEMENT SYSTEM

LOW

Performance and Sustainability

Quality of tool

SPREADSHEETS AND WHITEBOARDS FEWZION

LOW

HIGH

Performance and Sustainability

Quality of tool

HIGH

Source: Fewzion data, 50 shears, 1600 tonnes / shear, at $150 / tonne x 10% = $1.2m

PRODUCTION MORE THAN DOUBLED OVER 12 MONTHS

10% OF THIS IMPROVEMENT IS WORTH APPROX $1M / WEEK

0%

100%

200%

300%

Jun

-12

Au

g-12

Oc

t-12

De

c-12

Jan

-13

Ma

r-13

SUBSCRIPTION

AVERAGE $5,000 / MONTH / SITE

REPEATABLE, ANNUITY REVENUE FROM EACH SITE

2013/14

TARGETING 200 INSTALLS IN 4 YEARS

UNDERGROUND MINING

OPEN CUT, RAIL AND OTHER RESOURCES

CONSTRUCTION, UTILITIES, GENERAL PROJECTS

170 IN AUSTRALIA

2014/15 2015 -17

100,000 +

10,000 + TOTAL 1,300 IN GLOBAL COAL

500 IN AUSTRALIA

MANAGEMENT SYSTEM

3. REVIEW

1. PLAN

4. IMPROVE

2. EXECUTE

1. PLAN

VISUAL, CROSS FUNCTIONAL PLAN CAN BE ADAPTED FOR CHANGE

2. EXECUTE

SUPERVISOR FOLLOWS THE PLAN

ENTERING ACTUALS INTO A TOUCH SCREEN HOLDS THEM ACCOUNTABLE

3. REVIEW

4. IMPROVE

REPORT ON PERFORMANCE AND ACT TO IMPROVE

HARD TO USE AND

SUSTAIN

LIMITED FUNCTION

EASY TO USE AND

SUSTAIN

COMPLETE SYSTEM

PitRam

Whiteboards

EASIEST AND MOST COMPLETE SYSTEM

powerfully simple shift management

PAYING CONTRACTS WITH TOP TIER MINERS ALREADY

PROPOSALS WITH THREE MORE INTERNATIONAL MINERS

INTEREST FROM CONSTRUCTION AND OIL & GAS

July 13 Oct 13 Jan 14 Apr 14 July 14

MONTHLY REVENUE

$14,500 $24,000 $41,500 $58,000

10

NEXT 12 MONTHS

PROFITABLE WITH 10 SITES IN APRIL 2014

CLIENTS 4 6 13

Successful first customers

Simplify system for scale Release Version 2.0

Slingshot

Visual Management

Build customer base through corporate sales and product marketing

Develop partnerships

Adapt for new markets

SAFE HANDS

Alex Retzlaff - Technology !  Was CTO for FinanceNow with Malcolm Turnbull et al. !  Expertise in mining and finance !  Has run an IT company with the same core team for 12 years !  Black belt in Tae Kwon Do

Paul Moynagh – Business Development !  B Tech in Product Development, M.Tech in Quality Management Systems !  15 years consulting experience in mining, manufacturing, rail and finance !  Raced Farr40 yachts at the World Champs in 2003

Joe Thomas - Advisor !  Former Director of Coal Services at BIS !  Has managed large, complex businesses !  Extremely well connected and keen to open doors

EXPERIENCED IN TECHNOLOGY, MINING, MANAGEMENT AND STARTUPS

BLUE CHIP PIPELINE GLOBAL SCALE

SAFE HANDS GREAT INVESTMENT

0431 74 84 94 paul.moynagh@fewzion.com! gust.com/c/fewzion

www.fewzion.com

VALIDATION

Dr Jeremy Davies Director of the Natural Resources CoE at CSC.

The contribution Fewzion has made to improving production performance in longwall operations is particularly impressive. We like their "hands on, crew focused" approach and their attention to detail - in particular with respect to "ease of use”. It seems to us the Fewzion toolset is a very practical way to improve operational performance - and make life easier for everyone.”

Joe Thomas Former Director of Coal Services at BIS

I think you have a fantastic business, and I can see application beyond Underground Mining, and in fact beyond mining.

In line with what we discussed, I would like to work with you guys, to help grow your business

0431 74 84 94 gust.com/c/fewzion

paul.moynagh@fewzion.com!

Michele Twining, Scheduler, Peabody, North Goonyella Colliery

The guys are finding it so easy to use, planning is as simple as drag and drop and everything is visible and integrated so we can see what’s going on, it’s just so easy

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