EX-99.1 3 f8k1122009ex99-1.htm INVESTOR PRESENTATION f8k1122009ex99-1.htm

 
Investor Presentation
November 2009
 
 

 
Cautionary Statements
 Except for historical information, statements made in the course of this
 presentation that state the company’s or management’s intentions, hopes,
 beliefs, expectations, targets, or predictions of the future are forward-looking
 statements that involve risks and uncertainties. Investors are cautioned that
 such statements are only predictions and actual events or results may differ
 materially.
 These forward-looking statements speak only as of the date of this
 presentation. The company undertakes no obligation to publicly release the
 results of any revisions to the forward-looking statements made in this
 presentation to reflect events or circumstances after the presentation, or to
 reflect the occurrence of unanticipated events.
 Additional information concerning factors that could cause actual results to
 differ materially from those in the forward-looking statements is contained
 from time to time in the Company’s SEC filings.
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 F-RAM pioneer and technology leader
 Established base of F-RAM memory
 business
 Executing strategy to grow revenue
 substantially in the near term, reach
 $200+ million in revenue long-term
  Leverage F-RAM features to exploit emerging
 market opportunities
  New foundry model
  Execute cost-down initiatives
  Introduce new design platforms and products
Investment Highlights
3
 
 

 
The F-RAM Technology Advantage
4
F-RAM Memory:
Writes data…
 500x faster and
 10,000x more often
 
with
 3000x less power
…than older nonvolatile
 memory technologies
Ultra low power F-RAM can be written to 26,000 times more
with the same TOTAL ENERGY compared to EEPROM,
enabling more data logging in low-power systems.
 
 

 
Worldwide footprint with world-class
strategic partners and service providers
Ramtron UK
Ramtron
Japan
Ramtron
China
Ramtron
North America
Ramtron Footprint
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Established Presence in Key Verticals
6
Computing 37% of Revenue*
Metering 23% of Revenue*
Automotive 14% of Revenue*
Industrial
& Medical
26% of Revenue*
* Percentages approximate for full-year 2008
 
 

 
Proven Ability to Rapidly Layer New Products
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Strong Historical Results
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Net Income (loss) is from continuing operations and before income tax provision
(1)
(1)
($M)
Excludes sales to Enel
Please see slide 9 for YTD 2009 information
 
 

 
Q3 and YTD 2009 Financial Highlights (In Thousands)
9
3Q2009
YTD 2009
Revenue
$11,596
$33,118
Gross Product Margin
53%
49%
Net Income
$131
$(6,582)
Cash
$4,736
$4,736
Debt
$6,745
$6,745
 
 

 
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Market Trends and Opportunities
Market
Trends
Opportunities
Product
Metering
 Electromechanical to
 digital smart meters
 Multiphase and high
 function residential
 meters
 Memory
 Integrated
 Wireless
Automotive
 Longer vehicle life
 Consumer/regulatory
 safety requirements
 Fuel efficiency
 Infotainment
 Increase in automotive
 electronic density &
 complexity
 Integrated
Computing
 Expansion of corporate
 data storage capacity
 BBSRAM replacement
 Memory
 Integrated
Industrial
 Shrinking form factors
 Smart sensors
 Portability
 Intelligence
 BBSRAM replacement
 Energy harvesting
 Energy sensing
 Memory
 Integrated
 Wireless
 
 

 
Foundry Strategy for Improved
Manufacturing Economics and Growth
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 TI and IBM offer full array of product manufacturing capabilities
 New products to boast improved features and performance
 Existing products become more competitive
 Engineering silicon currently in the line at IBM
The TI and IBM logos are registered trademarks of their respective companies.
 
 

 
Product Roadmap to Leverage
Low Power F-RAM Advantage
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Integrated
Memory
F-RAM Memory
Technology
Flexible System
Architecture
Embedded
Wireless Products
Embedded
System Products
F-RAM based
RFID
Wireless
Memory
Intelligent Ultra-Low Power
Semiconductors
TM
 
 

 
Wireless Initiative Gaining Momentum
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From shipping…
To surgical instrument tracking…
To electronic tolls…
and more
Breakthrough
wireless memory
technology that enables
applications beyond
traditional RFID
 
 

 
Passive RFID Market
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RFID
RFID
SAM
$0.98B
HF Tag
TAM
$1.19B
UHF Tag
TAM
$0.98B
 
 

 
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Product and Technology Roadmap
Plain
Memory
Integrated
Wireless
Memory
MCU
High Density
F-RAM
ZP1
Metering
Gen2 RFID
With
Security
 Active
 Tag
ZP2
Secure
New MCU
60xx
Family
 ULP
 Memory
Gen2
UHF RFID
 ULV/ULP
Memory
Secure
Memory
HF
Secure
RFID
High
Density
ULP
Memory
New MCU
40xx/50xx
Family
High-
Speed
F-RAM
ULP Mixed/
Signal
Secure ASSP
Energy
Sensing
Secure RFID
Embedded
F-RAM
Secure MCU
 IP blocks to drive unique product development
 Leverage IP blocks across multiple product categories
 Enables rapid product development
 
 

 
Cost Down Initiative with IBM
 Phase-1 IBM initiative to drive 30%
 to 40% COGs reduction on existing
 F-RAM memory products
 Future initiatives to drive further
 COGs reduction
Phase-1
IBM
up to 40%
reduction
Future initiatives
to drive further
reduction
COGs
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Target Product Revenue Mix 2009/2014
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Copyright © 2009. Ramtron International Corp. All rights reserved.
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Revenue Growth and Operating Targets
Revenue/Operating Target
Total revenue
 $100M+
 $200M+
Gross margin
 53%-55%
 54%-56%
Research & develop.
 15%-17%
 13%-15%
Sales and mktg.
 11%-13%
 10%-12%
General and admin.
 6%-8%
 4%-6%
Net income after tax
 9%-11%
 13%-15%
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Summary
 Strong foundation - design expertise,
 established distribution channels, F-RAM
 leadership
 Proven product layering strategy for growth
 Expansion of market opportunities
 underway
with new product and IP initiatives
 Enhanced operating dynamics within reach
 
through foundry initiative
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