JCURVE SOLUTIONS LTD — AGM Information 2008

Nov 12, 2008

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Annual General Meeting

Mike Fairclough

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13 November 2008

Stratatel Operations Today

• 2 Operating Divisions

• ~ $6m of annuity revenue as at 1/11/08

• ~ 55 staff

• 5 Australian offices

• 2 International representative offices

	Office Location	Role
	Sydney Melbourne	Sales, Client Services, Finance Sales, Client Services
	Perth	Sales, Product Development
	Brisbane	Sales, Client Services, Product Development
	Adelaide	Sales Representation
	Singapore Johannesburg	Sales & Support Representation Sales & Support Representation

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2

Key Business Drivers

• Accumulate blue chip clients

• organic growth

• acquisitive

• Build sustainable recurrent revenue

• recession proof

• Rapid build and release of products and services

• maintain IP ownership

• Great service delivery

• client / revenue retention

• Culture of innovation and creativity

• Building a business for the long term prosperity of all stakeholders

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3

Stratatel Software Solutions

• SAAS (contracts) and licence / maintenance models

• Asset and Expense Management

• FleetManager[®] (mobile, fixed line, data, taxis)

• CADS[®] Call Accounting/infrastructure management

• Managed Services – procurement, asset / user / financial and management reporting

• Softlog.PrintManager – expense management for printing, copying, faxing & email

• Cost Recovery & Revenue Generation

• Softlog.Enterprise – automated capture and re-billing of copying, printing, –scan, email and telephone

• FleetManager[®] PNR – capture of personal and client calls from mobile devices for reimbursement or rebilling

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4

Why Do Clients Buy Our Software?

• Save clients money (expense management/cost recovery)

• Assist clients to make money (rebilling)

• Eliminate expensive manual administrative processes (automation)

• Measure performance (management and financial reporting)

• Allow informed purchasing / planning decisions

• Provides enhanced governance

So the ROI is FAST!

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5

Financials to 30 June 2008

Consolidated Revenue by Fiscal Half Year

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$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
HY 1 HY 2 HY 1 HY 2
2006/2007 2007/2008
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Financials to 30 June 2008

Consolidated EBIT / EDITDA by Fiscal Half Year

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$800,000
$700,000
$600,000
$500,000
$400,000
EBIT
$300,000 EBITDA
$200,000
$100,000
$0
HY 1 HY 2 HY 1 HY 2
2006/2007 2007/2008
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Financials to 30 June 2008

Growth in Earnings Per Share

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2.0
1.5
1.0
Cents
per Share 0.5
0.0
2005/2006 2006/2007 2007/2008
-0.5
-1.0
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8

Stratatel Objectives 2008 – 2009

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Increase
revenue by 40%
over 07/08
Increase
Complete
EBITDA by
further
60%+ over
acquisition/s
07/08
Objectives
2008 – 2009
Continuous Redevelop/
Improvement refocus product
Service Delivery offerings
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9

Strategic Direction

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Organic Good Fit Change the
Growth Acquisitions Game
 new business growth  recurrent revenue  multiple growing annuity revenue

 client retention and upsell earnings accretive  diversified income base

 continuous growth in recurrent benefit from STE ownership  captured client base for
revenue and earnings  increased growth through further product
 New products / services upsell and cross sell to larger opportunities
client base (~1500)  larger sales footprint
 cost reduction through scale  greater earnings
 improve margins of business
model  greater financial capacity
to pursue international
 increase critical mass
growth
 higher share price
 regular dividends
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10

Effect of Economic Conditions?

• Cautiously optimistic; meeting 2008-9 objectives

• Will not be easy

• Products / Services focussed on improved cost management

• Expect companies to focus on expenditure / cost cutting. Greater willingness to engage

• Substantial amount of recurrent revenue from government / major corporations / legal firms under contract

• Continue to recruit staff for anticipated business growth

• “Refresh the benefit” of STE products to clients to ensure client and revenue retention

• Provide greater volume of acquisition opportunities

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Highlights

• “Bedded down” Phoneware business

• Declared and paid interim and final unfranked dividends of 0.25 cps

• Softlog revenue milestones achieved (2007–8)

• Encouraging start to earnings for 2008–9 fiscal year

• Beta testing new cost recovery products due for release early 2009

• Commenced redevelopment of feature rich call management system (CADS)

• Demonstrated improvement in service delivery

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12

Capital Structure

• 113,671,216 shares on issue

• 4m unlisted employee options on issue

• Share price 8c at 12 November 2008

• Market Cap approx. $9m

• No debt

• Operating cash flow positive and profitable

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What’s In It For Investors / Shareholders?

• Capital growth

• Continuing dividends (subject to meeting acquisition commitments / Board approval)

• Low risk

• Continue to grow revenue and earnings

• Continue strategy to become 4 x current size within the next 3 years

• Questions?

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