19 November 2015 ASX Announcement

WEEBIT NANO INVESTOR PRESENTATION AND

ROADSHOW INCLUDING PROFESSOR JAMES TOUR

Radar Iron Limited (“Radar”, ASX:RAD) wishes to advise that the Directors and Management of Weebit Nano Ltd including Professor James Tour will present the attached Investor Presentation in Australia commencing the 19th November 2015.

In addition Radar confirms that option fee 1 has been paid to Weebit Nano Ltd (AUD$75,000.00).

All enquiries should be directed to Damon Sweeny, Company Secretary on +61 (08) 9389 5885. For and on behalf of Radar Iron Limited

Ananda Kathiravelu

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Investor Roadshow November 2015

Yossi Keret, CEO

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Disclaimer

This presentation contains certain statements that constitute forward - looking statements. Examples

of such statements include, but are not limited to, statements regarding the design, scope, initiation,

conduct and results of our research and development programs; our plans and objectives for future

operations; and the potential benefits of our products and research technologies. In some cases,

forward-looking statements can be identified by the use of terminology such as “may,” “will,” “expects,”

“plans,” “anticipates,” “estimates,” “potential” or “continue” or the negative thereof or other comparable

terminology These statements involve a number of risks and uncertainties that could cause actual results

and the timing of events to differ materially from those anticipated by these forward-looking statements.

These risks and uncertainties include a variety of factors, some of which are beyond our control. All

forward-looking statements and reasons why actual results may differ are based on information available

to us when initially made, and we assume no obligation to update these forward-looking

statements or reasons why actual results might differ.

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Our Vision

Weebit plans to become the paramount solution for the

USD$37B Flash Memory market by 2018

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Professor James Tour

Professor of Materials Science and Nano Engineering and a Professor of Computer

Science at Rice University in Houston, Texas

Well known for his work in molecular electronics and molecular switching molecules

Holds more than 60 US patents and has over 500 publications

Was named among “the 50 most Influential Scientists in the world today” by

TheBestSchool.org in 2014

Was selected as Scientist of the Year by R&D magazine in 2013

Won the 2012 ACS Nano Lectureship Award that honor the contribution of scientists

whose work has significantly impacted the fields of nanoscience and nanotechnology

Was ranked as one of the top 10 Scientists in the world over the past decade by

Reuters in 2009

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Jeong et al., Rep. Prog. Phys. 75 076502 (2012)

Market opportunity

Target market - Flash memory replacement Overall market – USD$37B and is rapidly growing Global emerging memory technology market – around USD$600M in 2015 and forecasted to grow to USD$3.6B by 2020 Customers - Everybody (Cloud, Data centers, Smartphones, IoT, Wearable electronics, Automotive, Healthcare…) For

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Market opportunity

Flash market

growth engines

Smartphones and tablets:

The major markets where

non-volatile memory is

used.

Connectivity:

Cloud Data Centers require ultrafast

response time, currently utilizing

expensive SSD Flash drives.

Wearable:

Use of wearable electronic

devices is expected to grow

substantially

Health Care:

Expected to be used more in

personal healthcare applications

such as pacemakers and heart

rate & blood pressure monitors

Internet of Things (IoT):

Network of physical objects

or “things” which enables

collection and exchange of data.

Automotive:

Navigation, infotainment and

safety components which

requires high reliability devices. For

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The Challenge

Flash technology cells physically cannot be scaled down any further without a

rapid deterioration in reliability

At the same time, world memory storage use is growing exponentially

(doubling every two years) and desperate for a higher performance memory

device

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Weebit’s solution

A quantum leap that will allow semiconductor memory

elements to store data at much higher densities, while also

being cheaper, faster, more reliable and more

energy efficient than existing Flash technology, and other

emerging ReRam technologies.

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Peer Comparison – ASX:FRY (4D-S) • 4D-S memory element named MOHJO™: Metal Oxide Hetero Junction

• The metal material is made of different oxidized metals - Pr (Praseodymium), Ca (Calcium) and Mn( Manganese)

• The Pr, Ca and Mn are not used in the semiconductor industry and may have CMOS compatability issues *

• 4D-S On-Off ratio is 4 magnitude (10,000 times) of order lower than Weebit

• 10^3 Vs 10^7 * Compared to Silicon Oxide, metals fabrication is challenging and may cause severe electromigration and diffusion problems which require complicated diffusion barrier layers.

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Peer Comparison – ASX:SOR • SOR strategic elements - nano cube memory cell made from Cerium

oxide CeO2 (Ceria)

• Cerium is rare earth mineral which is rarely used in the semiconductor and memory space, and would require costly industry-wide retooling to become widely adopted.

• SOR on-off ratio is 3 magnitude of order (1,000 times) lower than Weebit

(10^4 Vs 10^7)

SOR‘s main focus is inkjet printing technology and transparent electronics research, and is far from any practical memory application

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Peer Comparison - Crossbar

• Crossbar‘s memory element is made from silver - one of the most expensive metals in the semiconductor industry

• Weebit uses Silicon Oxidation which is the simplest, most reproducible and cost effective process in the semiconductor industry

• Corssbar on-off ratio is 4 magnitude of order lower than Weebit

– 10^3 Vs 10^7

• As an example, the semiconductor industry previously spent huge resources to migrate from the expensive gold wires to

copper wires, in order to reduce cost

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Peer Comparison - Viking • Viking is specializing in DRAM and systems and buys ReRAM from Sony

• Sony ReRAM memory element is made of Copper Tellurium alloy; Tellurium is a rare and expensive element (1-5 parts per Billion in the earth's crust)

• Weebit‘s use of Silicon oxide is the most effective way to implement the ReRAM manufacturing process

* There is growing demand for Tellurium in Solar panels, thus it is likely to become even more expensive.

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Competitors Analysis

Competitors analysis demonstrates

that Weebit has

the lowest cost per bit, as its uses SiOx

material which is the cheapest memory

element available.

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ReRAM Technology

What is ReRAM

An emerging non-volatile Memory that changes its resistance across

a special dielectric material (the Secret source)

In order to construct a binary language:

• Set voltage is applied to create low resistance – logic “1

• Reset Voltage is applied to create high resistance – logic “0”

Unlike Flash which confines electrons in a small trap the ReRAM

principle is based on a material resistance change

ReRAM can be stacked in 3D array to provide unlimited capacity

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ReRAM Technology

ReRAM Advantages:

Higher density Lower voltage X1000 faster Higher reliability

Stores more data Much cheaper Much smaller

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Weebit’s ReRAM Technology Advantage

Professor Tour developed a breakthrough ReRAM technology transforming

Silicon Oxide (SiOx) into a memory element

Made of SiOx

Fab friendly - Silicon is the most studied and produced material in the

semiconductor industry

Cheap - Lower manufacturing costs, higher yield

Scalable - SiOx can be easily scaled and packed into a large 3D memory array

Improved performance

Extremely High On-Off ratio - allows multi-bit capability

Unipolar structure allows higher scalability than ReRAM alternatives

Energy efficiency- Lower power consumption, increased battery life

“Hard Rad” - Radiation hardness class

Hard-Rad certified after demonstrating 2 years operation in space For

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Spacecraft Single Event Environments at High

Shielding Mass (HiMassSEE)

Powerful computers are essential to space technology

However, power is less of an issue than the ability to maintain coherence in hostile space environments

Coherence and reliability is particularly crucial for satellite circuitry and long term space missions

Weebit’s devices were sent to space and exposed to radioactive solar and cosmic rays radiation for 2 years

Weebit’s memory devices worked without degradation or loss of performance

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Go to Market Strategy

Entry point

Key Target players ACTIVITY

40nm commercialization

IP revenues

Chip revenues

storage market

revenues

2016

2017

2018

2020

2022

Target Market

Engage with R&D and

Fabrication Centers

Collaboration with Embedded

memory vendors

IP revenue with

large semiconductor

companies

Standalone Memory

Production

Storage market

product sales

DSI, SMIC,

TowerJazz

Samsung, Micron, TSMC

Toshiba

Samsung, Micron, TSMC

Toshiba

TSMC, DSI,

SMIC, TowerJazz

Intel, Qualcomm, Texas

Instruments, Samsung

Space, Automotive,

Datacenters

Wearables, IoT, Smartphone,

SSD

IP Core market

($2B/year)

Faster ROI

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Incorporated in Israel 2014, privately held

Built around James Tour’s revolutionary

ReRAM technology

Licensing of Rice University technology

Seven patents - US and Global

Funded by founders and private investors

Company Brief

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Management Team

Yossi Keret- CEO & Director

Mr. Yossi Keret has extensive management and financial experience and has led a variety

of international companies in sectors including industrials, finance, biotech and

technology both in Europe and the USA. Mr. Keret’s experience includes public companies. Mr Keret has

played roles in M&A negotiations and implementation including a major part in Initial Public

Offerings (IPO) on NASDAQ and has led large private equity raisings for public companies.

Amir Regev - VP Engineering

Amir brings to Weebit two decades of Device & Technology experience in the semiconductor

industry, mainly in Flash memory technology. Prior to Weebit Amir served as a senior

Engineer in several leading semiconductor and memory technology companies, including

Intel (NASDAQ:INTC), SanDisk (NASDAQ:SNDK), Micron (NASDAQ:MU) and Marvell

(NASDAQ:MRVL).

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Dr. Moti Gross

Moti Gross has extensive experience leading technology companies and developing business strategy for established

enterprises and start-ups. Dr. Gross has handled various large technological projects including raising capital in both

government and private sectors. Dr. Gross earned his PhD in Economics and Finance at Oxford University. Dr. Gross is also

the CEO of Dotz Nano Ltd, a specialised nano-technology company focused on Graphene Quantum Dots.

Rami Hadar

Rami Hadar is the former CEO of Allot Communication (NASDAQ:ALLT). During the eight years he functioned

as CEO, Mr. Hadar increased sales to above US$100 million annually, performed 3 M&A’s and led the company

to an IPO on NASDAQ. Prior to Allot, Mr. Hadar was the CEO of 2 Israeli companies that executed successful

exits for their investors. Mr. Hadar was also one of the founders of Combox and was a director in the company

when it was purchased by Terayon. Mr. Hadar is presently a partner in a new venture capital firm Eucalyptus

Growth Capital that focuses on investment and assistance to mature Israeli companies.

Board Of Directors

Dr. Amiram Bornstein

A leading specialist in plastic surgery, Dr.Bornstein is also a highly successful and influential

technology investor. Dr. Bornstein brings to the Board of Directors his knowledge and

experience in strategic planning and investment markets. For

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Board Of Advisors

Professor James Tour

Tour has 550 research publications and over 70 patents

Named among “the 50 most influential scientists in the world today” by TheBestSchools.org in 2014

Named “Scientist of the Year” by R&D magazine, 2013

Ranked one of the top 10 chemists in the world over the past decade, by a Thomson Reuters citations

per publication index, 2009

Feynman prize in experimental nanotechnology in 2008

NASA space act award in 2008 for his development of carbon nanotube reinforced elastomers

Yongsung Ji, Ph.D.

Ph.D. From the prestigious GIST and KIST universities in Korea

Lead device researcher in SiOx ReRam in Prof. Tour’s team, Rice University

Awarded researcher in the electronics and physics domains since 2001

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Huge growing storage market (USD$37B) already demanding High Performance storage solutions

Flash technology is approaching a scalability barrier and cannot meet speed and reliablility performance needs

ReRAM is the leading emerging memory candidate

Weebit controls a pioneering technology developed at a top-ranking material science university which outperforms Flash in each parameter

Weebit’s solution is cheaper, more efficient and is easier to commercialize that other ReRAM developers

IP Strategy - shorter time to market

Management and technology veterans with proven track records

Summary

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Payment of a AUD$75k option fee for an exclusive 28 day option to purchase.

A further AUD$75k at the completion of due diligence

Weebit shareholders holding more than 50% of Weebit passing a resolution to approve the Transaction.

Radar to issue 750,000,000 shares In exchange for 100% of the issued capital in Weebit (subject to ASX escrow provisions).

Key Acquisition Terms

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Weebit and Radar completing DD in respect of the other within 28 days;

ASX providing conditional approval for Radar to be re-instated to trading on the ASX;

Re-compliance with Chapters 1 and 2 of the ASX Listing Rules;

The parties obtaining all necessary shareholder and regulatory

Change of Radar’s name to Weebit Nano Ltd; and

Receiving valid, non-revocable applications for at least A$5,000,000 under the Capital Raising

Conditions Precedent

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Pro Forma Capital Structure

Event Shares Options

Currently on issue* 321,613,956 55,500,000

Consideration to Weebit shareholders 750,000,000 -

Public Offer 100,000,000 -

Transaction Options - 50,000,000

TOTAL 1,171,613,956 105,500,000

*assumes issue of all securities approved in General Meeting on 28 October 2015 For

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Indicative Timetable

Event Date

Due diligence completed and formal documents executed 11 December 2015

Completion of second tranche payment 13 December 2015

Dispatch Notice of Meeting seeking approval for the acquisition of WEEBIT 14 December 2015

Lodgement of prospectus with ASIC 14 January 2016

General Shareholder Meeting to approve the acquisition of WEEBIT 17 January 2016

Closing date of offer under the prospectus 1 February 2016

Dispatch holding statements 10 February 2016

Requotation of shares on ASX 1 March 2016 For

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