Company Confidential

Email: info@memscap.comWeb: www.memscap.com

MEMSCAP S.A.European Headquarters50, allée des DauphinsZAC du Pont Rivet38 330 St Ismier - FrancePh: +33 4 76 52 55 80Fax: +33 4 76 52 55 81

MEMSCAP Inc.American Headquarters

4601 Six Forks RoadSuite 500

Raleigh, NC 27609 - USAPh: +1 919 510 8138

Fax: +1 919 571 8805

Jean Michel KaramPresident & CEO

Company Confidential

MEMSCAP Design Tools, Design Methodology &

Services

MEMSCAP Design Tools, Design Methodology &

Services

Complete Microsystem

MEMS device

MEMSCAPIP

Third PartyIP

CustomerIP

Foundry-Partners

Reduced time-to-marketfor electronic systems

Microsystem Design

MEMSCAP Professional Services

MEMSCAP Professional Services

Company Confidential

Bootstrap Start as consulting/contract design house for Government/Industry Profitable/break-even from day 1 by necessity Identify product opportunities by understanding customers’ needs Plow profits back into business to develop products Preserve equity in company Slow, arduous process to grow company / Live from contract to contract Potential conflicts over ownership of IP May be teaching customers how to do it themselves Window of opportunity may disappear quickly

Moonshot Identify huge opportunity & Attract large up-front equity investments Hire top management / technical talent Build company / infrastructure very quickly Unsuccessful blast-off usually leads to catastrophic explosion Not much room for error Highly expensive capital : trading off a large fraction of a small pie for a smaller fraction of a larger pie

Pit

falls

Pit

falls

Company Confidential

Key to avoiding catastrophe and to preserving equity in the company

Identify proper balance between bootstrap and moonshot

Seek the source with the right risk tolerance and time horizon for the stage of development of company and market

Manage expectations extremely carefully

Time Horizon

Risk

Corporate

VC

Angel

Government

Company Confidential

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Company Confidential

WirelessBusiness

Unit

WirelessBusiness

Unit

Optical Com.Business

Unit

Optical Com.Business

Unit

CAD Tools & FoundriesBusiness Unit

CAD Tools & FoundriesBusiness Unit

Sales & Marketing

Fabrication FacilitiesFabrication Facilities

CAD Tools& Foundries

Wireless & Optical Communications

ProfessionalServices

Company Confidential

Headquarters Europe : St Ismier - Grenoble, France USA : RTP - North Carolina

Additional Operation Center Europe : Berlin/Germany

Additional Sales Offices USA : California

Distributors Japan, Korea, Taiwan Israel, Germany, Norway India