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1 Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
Bluechiip Limited (ASX: BCT)Delivering unique tracking and monitoring solutions
3rd Annual Australian Microcap Investment Conference16 October 2012
2 Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
Introductory video
3
Agenda
1. Company Overview
2. Market & Need
3. The bluechiip® Tracking Solution
4. Commercialisation Strategy
5. Opportunity and Next Steps
6. Q&A
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
4
Disclaimer
Material used in this presentation is a summary of available information,and while given in good faith, is professional opinion only. Any investor inBluechiip Limited (BCT) should refer to all BCT ASX releases and statutoryreports before considering investment in the company.
Certain information may have been derived from third parties and thoughBCT has no reason to believe that it is not accurate, reliable or complete, ithas not been independently audited or verified by BCT.
Any forward-looking statements in this presentation involve subjectivejudgment and analysis and are subject to uncertainties, risks andcontingencies, many of which are outside control of, and maybe unknownto, BCT. Neither BCT, nor its officers, employees and advisors make or giveany representation, warranty or guarantee in relation to this presentation.
BCT reserves right to update, amend or supplement information in thispresentation at any time in its absolute discretion without incurring anyobligation to do so.
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
COMPANY OVERVIEW
6
Bluechiip in summary
Go-to-market strategy - backed by Tier 1 manufacturing and
commercial partners
‘Platform’ technology – numerous market applications
Recently entered commercialization phase with first sales and now
gearing for growth - next phase to unlock shareholder value
Patented technology solution that clearly addresses market needs
- 100% owned by Bluechiip
bluechiip® will be the gold standard/best practice to enable
temperature chain-of-custody tracking and reporting
First target market is biobanking – significantly broad and growing
rapidly with immediate need
Bluechiip Ltd is an ASX-listed technology company that provides a unique sample management tracking tool initially for the life science market
6 Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
MARKET & NEED
Biobanking - growing and globalfirst target market
• Definition: Collection, processing, storing and distribution of biospecimens and associated data
• Biobanks (or biorepositories)• Bioresource, translational and life science laboratories• Pharmaceutical sample management facilities• Clinical trial and biomedical research laboratories• Commercial laboratories/biorepositories
• Biospecimens - blood, tissue, urine, saliva, cells, RNA/DNA and hair
• Currently ~2B biospecimens stored around world; growing at ~200M samples p.a.
TIME March 2009
• Growth areas• Cord Blood• Regenerative medicine/stem cell
research for new therapies• Cell lines• In vitro fertilization (IVF)• Clinical trials
8Source: Biobanking for Medical R&D: Technology and Market 2010-2025 by visiongain
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
9
Biobanking - immediate need/market pull
• Historical labeling and tracking techniques do NOT provide understanding of temperature and other variables that effect sample integrity
Labels(hand-written/pre-printed)
• Labels fall off• Transcription errors• Can’t sense temperature
Barcodes (linear/2D)
• Need line of sight• Significantly decreased reading
reliability in humidity and frost environments
• Can’t sense temperature
RFID • Not able to survive plastic injection molding process
• Not able to survive high temperatures of sterilization and gamma irradiation
• Not able to survive AND operate in low temperatures down to -196ºC
• Can’t sense temperature
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
THE BLUECHIIP®
TRACKING SOLUTION
bluechiip® - integrated system solution
Crogenic delta tag isembedded into acryovial for use inbiobanks in research
Cryotag is designedspecifically for racksand bags and is readusing Retriever™wand interface
Racks are madespecfically forBluechiip withhandle andmounting holesfor Cryotag
Matchbox™ reader is central go topoint of using bluechiip® system. Itconsists of Matchbox™ unit andRetriever™ wand
Stream™ software isprovided as a stand-alone program withMatchbox™ Readerand as a separateinstall on a server
Temperature chain-of-custody
can only be tracked with bluechiip®
Cryovial
Cryotag
Racks
Matchbox™ readers
Stream™ software
Cryogenic delta tag
11 Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
12
System based around patentedbluechiip® tag (chip + antenna)
• Electronic license plate (unique ID) with temperature sensing capabilities
• MEMS technology – purely mechanical device - no electronics
• Survives and operates in extreme temperatures (+60ºC to -196ºC)
• Senses and records temperature history
• Highly reliable - reads in frost
• Secure
• Easily molded into consumables
• Immune to gamma irradiation (used for sterilization)
Chip
Antenna
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
13
Addressing needs - benefits of adoptingbluechiip® tracking solution
Reads temperature at sample level
Increases understanding of factors that affect sample integrity
Unique value add for bioservices
Enhances sample security
Reduces sample handling and breakage
Single tag tracks both ID and temperature
Increases value of sample management
Robust temperature annotation
Facile integration into operations
Outcome: Fit for purpose and evidence based sample management and quality assurance
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
14
Technology protected bystrong IP portfolio
• All IP wholly owned by Bluechiip
• Patents
• Portfolio of 15 patents over 7 patent families
• 6 granted in USA and Europe
• Some patent applications currently under examination and awaiting examiners report
• Progress patent applications from Provisional PCT National Phase
over coming year
• Continue to build portfolio by filing new patent applications for further protection
• Established Freedom-to-Operate (FTO)
• Trade marks
• Trade marks (word and logo) registered in Australia and USA
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
COMMERCIALISATION STRATEGY
16
Commercialisation strategy
• Direct sales and through distribution/channel partners
• Recently appointed Commercial Director
• In discussion with global distributors/channel partners
• Corning Life Sciences evaluating technology
• Securing strategic partners who provide avenues to market
• Implementing an Early Adopter Program (EAP)
• Enrolled ATCC and Gentris Corporation
• Seeking others around globe to join EAP
• Commercial launch early 2013
• Production partners secured for each product with Tier 1 corporations
• Chips/tags – STMicroelectronics NV (NYSE: STM) - facilities in Italy
• Consumables (cryovials) – sourcing contract manufacturer in Asia
• Readers – Plexus Corp. (NASDAQ: PLXS) - facility in Penang, Malaysia
• Accessories (cryotags and racks) - RC Precision Engineering - facility in Penang, Malaysia
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
17
Future market applications
Other Healthcare Markets Non-Healthcare Markets
1. Pathology
2. Clinical trials
3. Pharmaceutical
4. Seed banks
5. Forensics
6. Blood products
7. Diagnostics
8. Research
9. Biological sensing
10. DNA
11. Allograft i.e. heart valves
12. Medical waste
13. Security
14. Defense
15. Cold chain logistics/supply chain
16. Courier companies
17. Aerospace/aviation
18. Industrial
19. Manufacturing
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
OPPORTUNITY AND NEXT STEPS
19
Corporate summary
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
Board & Management Key Statistics (as at October 2012)
Iain Kirkwood (Chairman & Non-Executive Director)
Brett Schwarz (Managing Director & CEO)
Joe Baini (Non-Executive Director)
Ron Finkel (Non-Executive Director)
Lee Mitchell (Company Secretary)
Dr Jason Chaffey (CTO)
Brett Roberts (Commercial Director)
ASX Code BCT
Current Share Price: $0.25
52 Week High/Low: $0.30/$0.11
Shares on Issue: 86.8 million
Options (unlisted): 27.1 million
Market Capitalisation $21.7 million
Net Cash: ~$1.0 million
Operating expenses: ~$200-250k per month
Share Price Performance Major Shareholders (as at October 2012)
Holder Name %
Dr Stephen Woodford; Dr Stephen
Woodford & Patricia Woodford 16.4
Rainbow Investments (Aust) Pty Ltd,
Brett Schwarz and Kermett Pty Ltd 9.5
Edward St Consulting Pty Ltd;
Iain Kirkwood 8.7
Roshi Blue Pty Ltd; Robert Kampf 7.2
Dr Ron Zmood; Zalpere Pty Ltd 5.6
Total - 393; Top 20 – 58.8M shares (67.7%)
20
Recent company announcements
May – Jun 2011 - Receive regulatory waiver from US FCC; close IPO; list on ASX
Nov 2011 - Execute Collaborative Evaluation & Pilot Agreements with ATCC and Corning
Jan – Mar 2012 - Secure $1.526M via private placement
May 2012 - Engage Plexus to manufacture commercial Matchbox™ reader; bluechiip® technology to be used at Australian Synchrotron
Jun - Jul 2012 - Secure first sales order from ATCC after completion of successful pilot trial; Appoint Ron Finkel to Board
Aug/Sep 2012 - Sign strategic partnership with Gentris Corporation; Engage Brett Roberts as Commercial Director
Oct 2012 – Granted patent in US
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
21
Anticipated near-term value inflexion points
• Launch of commercialization programs and secure sales
• Form partnerships with Route-to-Market partners i.e. distributors
• Enter co-development and license agreements
• Enter other market verticals
• Grant of patents
• Secure government grants
• Industry awards
• Other……
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
22
Opportunity & Next steps
• Opportunity
• To invest in Bluechiip Ltd as we enter the next growth phase
• Looking for new investors (retail, sophisticated, professional, institutional, strategic) to bolster the company’s share register
• Next steps
• Go to www.bluechiip.com – view announcements, articles, analyst reports, financials
• Speak to your broker re BCT
• Pick up 2012 Annual Report and brochure
• Contact Brett Schwarz
• Meet over 2 days of conference
• Mobile 0419 367 590
• Email [email protected]
Brett Schwarz (MD/CEO) [email protected] +61 419 367 590
CONFIDENTIAL
The future of tracking is bluechiip®
“Is it bluechiiped?”
© bluechiip ® bluechiip and bluechiip (Logo) are registered trade marks of Bluechiip Ltd 23