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Mission Statement

Speexx helps large organizations everywhere to improve the business communication skills and productivity of a global workforce.

Speexx sets the standard for excellence and innovation in mobile and online language training solutions.

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ejector piston floating piston follower piston

forged piston hydraulic piston large-bore piston

locking piston multi-piston engine non-contact piston

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Market Need

5speexxMarket

Problems and Market Needs

− Lack of foreign language skills is #1 reason for poor cross border

communication – results in loss of workforce productivity

− Pressure on HR and training organizations in large global companies

− Need for global metrics to measure training quality and cost

− Attract, hold and develop talent

− Need to reduce complexity and cost of language training

− Reach out to a workforce at many locations with a global standard

− Need to integrate learning into new cloud technology platform

− Comply with local and global training and tech standards

− Corporations want to reduce # of training vendors

Identified $ 2.0+ bn Growth Market

− The global market for online English learning is $ 2.0 bn and growing by a

five year annual growth rate of 14.5%.

− The global corporate language e-learning market is at the tipping point of

maturity and significant growth driven by

� Need for communication across borders in multinational organizations

� Cloud technology, big data and analytics

� Replacement of local legacy HR IT systems

− There is a huge opportunity in languages other than English.

Speexx is in a unique position to help large organizations implement a strategy-driven language training program.

With Speexx as a core organizational strategy, companies positively impact training and business results.

Direct training costs cut by 60%and 50% faster time to result

at Speexx customer company.

Sources: Company Information; Speexx Exchange 2013 survey, UBS AG, Ambient Insight Report.

82% of corporations will increase blended learning in the next two years

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1 Reduce complexity and cost

2 Increase and measure quality

3 Attract, hold and develop talent

4 Reach out to a workforce at many locations

5 Ability to plug&play with existing or new technology platform

The Top 5 reasons why large global organizations use Speexx

Why Speexx?

7speexxSolution, Product and Tech Platform

Solution and Product

− One-stop-shop system solution for online language training in multinational

organizations.

− The Speexx “Perfect Blend” meets the need for a single source provider to

integrate self paced web based, social and mobile learning tools, online

tutoring, live video training and phone tuition with real teacher interaction.

− One global quality standard for content, technology and delivery

− Multi-award winning user experience and training services

− End-to-end services and project management

− Easy to use back-end with learning analytics tools

Scalable Technology and Delivery Platform

− Speexx builds on mature web and cloud technology.

− Speexx is a SaaS (Software-as-a-Service) hassle-free,

low maintenance turn-key solution.

− Speexx offers a complete, best-of-breed, unified and scalable cloud-based

online language training platform.

− Standardized, modular product design with ability to adapt to specific

industry and customer needs

− Scalable global delivery and user support model

− Powerful user data analytics capabilities

Speexx has the finished product, the knowledge, go-to market and the delivery platform to provide large

global organizations with end-to-end online business language training services.

Sources: Company Information; “Top 10 e-learning Stats for 2014” by Learndash, Justin Ferriman, December 1st 2013; Speexx user satisfaction survey for 2012/2013

Online Assessment

E-learning Tools

Personal Trainer

1:1 Phone Training

Virtual Classroom

Accent Reduction

Online and Mobile

Custom Content

Classroom Training

Available 24/7

8speexxBusiness Model and Track Record

Business Model Highlights

− Predictable recurring revenue model

− Typically multi-year contracts billed annually or quarterly

− Renewable named user license models

− Easy upsell with multi-level course system

− Balanced B2B go-to-market strategy focused on global top 1000 companies

− Direct market approach with offices and wholly owned subsidiaries in China,

Brazil, France, Spain, the UK and Italy

− Established partner model for high entry barrier markets

− 2.5 renewals on average per learner

− Speexx owns the IP to the entire product front- and back end

− High barrier to substituting the product

Track Record

− Established Speexx in 2012/13

− Proof of concept with more than 1,000 corporate clients in the core target group

− Recognized innovation leader with 200+ international industry awards

for learning technology and instructional design

− Proven ability to deliver worldwide

− More than 8 million users

− 85% of users complete course with merit

− QA systems certification under ISO 9001:2008, AZAV and WQC

− Very high scores in customer service

Speexx has a sustainable recurring revenue model. The company generates revenues from a diversified

portfolio of medium term fixed-rate contracts with global top 1000 companies.

More than 95% of all users

are very satisfied with Speexx coaching

services and user support.

633,722 hours of online

language training delivered in 2014

Sources: Company Information; Speexx customer survey.

9speexxGo-to-Market

Targets Are Top 1.000 Corporates − Targets have more than 25.000 employees and

typically operate at more than 20 locations

around the world.

− Speexx operates in the major globalization hubs

of EMEA, South-America and China and is

currently extending its global reach to APAC

and North America.

− To generate recurring business Speexx creates

long lasting client relationships by providing a

standardized, modular product design adapting

to specific client needs

E-Enabled Industry Leaders − Targets use cloud technology: Speexx is

following cloud based talent and learning

management systems.

− Deep IT and service integration at

organizational level creates a high barrier to

substituting the product.

− E-enabled industry leaders have high cost-

saving potential by leveraging learning

technology on a global scale.

Direct and Indirect Sales Approach− Speexx sells directly to clients in the target

group and target territory.

− Speexx works with resellers and channel

partners in low priority territories or to break

down market entry barriers.

− Speexx enters partnerships with leading

LMS/TMS system providers to pre-load those

systems with Speexx.

− Currently Speexx is exclusive to various market

leaders in the HCM space with 45 million users

combined.

Speexx helps large organizations everywhere to drive productivity by empowering employee communication

skills across borders. Primary target for the go-to-market strategy are top 1.000 global corporates.

Sources: Ambient Insight Worldwide Market for Self-paced e-learning Products and Services 2011 – 2014; Company Information;

Speexx global footprint in 2015

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Speexx clearly differentiates from the industry peer group with a clear B2B strategy, identified customer segment and the most complete vision of blended learning scenarios.

Global Competition in B2B Language E-Learning

11speexxTeam

Innovative and Mature Business

− Founded in 1994 by Alfred Ertl, Jörg Koberling and Armin Hopp

− Speexx established in 2012

− 120 permanent staff at 9 locations, 1,500+ onlne coaches

− Owns the entire IP

− Proven ability to drive and adopt disruptive business models: From B2C

language learning software to a B2B provider of cloud-based blended

learning solutions

− Proven ability to scale the business to wholly owned legal entities in 7

countries

− Profitable growth, financed by cash-flow

− Complete internet DNA using social and cloud tools for administration,

communication and staff training

− In January 2015 Speexx raised $5 million from Ventech and Alto Invest to

accelerate global growth through sales and marketing

Today Speexx has more than 120 employees and 1,500 certified coaches. The executive management

team brings combined 80 years of expertise to the online language learning market.

Jörg Koberling CEO

− Operations, product development, finance− Background in Applied Physics and Computer

Science

Armin Hopp President

− Sales, marketing, communications− Academic background in Computer Linguistics and

Arts

Freddy Ertl CTO

− Research and development− Background in Computer Science

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articulated piston autothermic piston balance piston

brake piston choke piston clutch piston

cold-friction piston conical piston control piston

cylinder piston delivery piston differential piston

disk piston displacing piston double-action piston

ejector piston floating piston follower piston

forged piston hydraulic piston large-bore piston

locking piston multi-piston engine non-contact piston

plunger piston plunger piston pressure piston

primary piston primary piston pump piston

rotary piston secondary piston serial piston

servo piston set piston setting piston

step piston stepped piston timing-device piston

trunk piston valve piston working piston

Market Needis Communication

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− Enterprise customers, from SMB to Fortune 500 corporations like Ericsson, Adecco, Generali, St. Gobain.

− 89% cross border usage outside of Germany

− Proven business model ready to scale

− Market size USD 2bn+

− Market drivers: Globalization, Cloud Technology and Datification of HR

− Company owns entire IP

− 1600+ staff and trainers in 60 countries around the world

− 9 wholly owned subsidiaries and offices around the world

− Average annual contract value € 200,000+ per customer

− Aim to be #1

− Seeking cooperation in sales and development and access to EU insti

Speexx is communication skills training for a global workforce.

Key Points