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MICRO-X LIMITED Investor Presentation 2017

Mar 21, 2017

65388_rns_2017-03-21_81fbb43d-4706-40a3-a9e2-19ee8b45a76d.pdf

Investor Presentation

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Ltd

ACN 153 273 735

Investor Update by Peter Rowland Managing Director, Micro-X Ltd. 23[rd] March, 2017

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Commercial-in-Confidence

© Micro-X Ltd 2017

Company Quality Accreditation :

ISO 13485 Accreditation Recommended 3[rd] March 2017.

  • BSI Stage Two Audit successful - Certificate expected shortly

  • Company-wide Quality Management System is recognised to meet Medical Device Directorate standards for all company processes operating in

  • Design

  • Manufacturing

  • Quality

  • Supply chain management

  • Necessary for CE Marking

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Commercial-in-Confidence

© Micro-X Ltd 2017

Regulatory Approvals:

‘K’ Number received from FDA: 15[th] March 2017.

  • FDA acknowledge receipt of a complete & valid 510(k) submission

  • Product marketing can now commence

  • • Approval time normally 90 days

  • Health Canada Licence Application submitted to Therapeutic Products Directorate

  • Declaration of Conformity (for CE Marking) data preparation well advanced

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Commercial-in-Confidence

© Micro-X Ltd 2017

Reliability Growth Testing:

Achieved RG Target 8[th] March 2017.

  • Normal Operation:

  • 60 x-ray shots/day = 22,000 per annum

  • Target for Mean Time Between Failures is 11,000 cycles

  • RGT Program

  • 3 carts, 50 circuits/shift, 3 shifts/day

  • Reliability Target set at 130,000 cycles

  • Currently at 180,000 cycles (8 years life)

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  • Continuing to add 1500 cycles per day

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© Micro-X Ltd 2017

Generating Strong Market Interest

  • Enthusiastic customer interest shown at recent Trade Shows

  • Carestream regional sales offices requesting additional units for demo/sale

  • Pre-launch stocking order now planned for 2.5x earlier guidance with increasing momentum

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European Congress of Radiology, Vienna, 2[nd] March 2017

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Arab Health, Dubai, 30[th] January 2017

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© Micro-X Ltd 2017

Pathway to Launch :

  • Service Training under way at Carestream HQ

  • Hospital Trade Trials in Canada on receipt of TPD Licence

  • Nano featured in more major Trade Shows:

  • Genoa, Italy, 6[th] April

  • Sao Paulo, Brazil, 4[th] May

  • Leipzig, Germany, 24[th] May

  • Manchester, UK, 12[th] June

  • Nano production rate increases for Carestream:

    • Reliability demonstration

    • International Service & End-User Training

    • QA Evaluation

    • Internal Trials

    • Market Development

  • Regulatory Approvals

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Commercial-in-Confidence

© Micro-X Ltd 2017

Thank You; Any questions?

© Micro-X Ltd 2017