The revolution in simultaneous interpreting Liechtensteiner Investitionsmarkt SAL, Schaan, Nov. 24, 2015 Kim Ludvigsen, CEO 079 400 84 24 kim.ludvigsen@interprefy.com Interprefy 1 Costs! Interprefy 2 Interprefy Platform 3 Interprefy 4 Interprefy Platform Notifies and pays Provides access codes Interprefy Orders and pays 5 Worldwide market US$ 5.6 billion Growing at 7% p.a. 15.9% Switzerland 5.4%: ~ CHF 300 million Not yet developed market segment for small and mid-sized conferences 6 Exemple of two-day conference with two languages and 300 users Costs in CHF 10‘000 50% 5‘000 Margin Costs Trad. equipment provider Interprefy Interprefy 7 Zurich Insurance Venture.ch Language Techn. Innovate Nov. 2014 June 2015 June 2015 Zürich Zürich Brussels Interprefy 8 24 upcoming meetings (mainly Geneva area) 19 upcoming demos (all of Switzerland) Partnership models Mailchimps marketing campaign (Pipedrive) Social media (Facebook, LinkedIn) Google Adwords Viral Marketing (app) Interprefy 9 2015 2016 8 633 1'520 16'000 31'901 Revenues 10 805 1'845 4'500 8'263 Net Profit -288 -478 31 1‚437 3‚615 6 7 8 11 13 Amounts in CHFk Number of events No. of employees Interprefy 2017 2018 2019 10 Kim Ludvigsen Founder Andrey Schukin Jacob Høgh Victoria Brüschweiler Anna Titlova Dipl. Ing. ETH, MBA Insead; CF, M&A MSc. Innovation IT & Software specialist MA in Theology & IT; Interpreter Chartered Mgt. Accountant; Finance MSc. Odessa Polytecnic University CEO, Sales Finance, Investor Relations COO, Technical Development Management of Interpreters Head of Sales Sales Manager Interprefy 11 Torben Duer Chairman Management and Investor relations, Governance Driver Kim Ludvigsen Member Founder and largest shareholder, CEO Oddmund Braaten Member Innovation Expert (Strategy and Technology) MT Member LSP (Language Service Provider specialist JØ Member Interpeting specialist Interprefy 12 Beta-version (interpreter interface and user apps) is being sold in the market Five commercial and paid events so far CRM-system with over 1100 clients built More than 50 successful demos, upcoming orders Strong and dedicated management team in place Patent pending 13 Current Ownerships: 56% 13% (114’313 shares of 15% CHF 1,- each) 17% 2 4 3 3 initiators managers board members business angels Current round: CHF 0.2m–0.5m for 9% - 20% (post money) Use of funds: 36% Technical development 34% Market development 30% Operations, admin & reserves Potential IRR 50% - 70% p.a. Exit: Trade sale in 2019 or 2020 14 Back-up 15 Host speaks Guest speaks 16 Interpreter Interface “The quality was generally good, and what particularly impressed me was how the two interpreters could hand over despite one being located in London and the other in Edinburgh. I think Interprefy's solution using remote interpreters and streaming to smartphones has a great global potential and I will definitely consider using it at Buhler.” Ian Roberts, CTO Bühler Group Interprefy 17 No. of users Interprefy Trad. Conference interpr. Whisper interpr. tel. interpr. On-site Off-site Interprefy 18 Concorde, NL, interested in white label solution Interlingua and Translation Probst interested in strategic cooperation Lionbridge/CLS interested in strategic cooperation Hoist Group (Hospitality Services) , potential technology partner Harbegger, potential equipment partner Interprefy 19 Interprefy wants to: Identify strategic business partners within the interpreting and equipment industry Focus on platform development and technology in general, source interpreters through partners Automate interpreter provisioning and support, stimulate clients to use self-provisioning Roll out globally, using partners and viral marketing 20 Datum Location Lang. 14.11.14 Enigma AWZ, Zürich E -> D - 03.08.15 Odin Teatret Salò, Italy I->E 220 07.09.15 Lifefiar St. Peterhof, Zürich D -> E 1080 07.11.15 Freidenker Uni Basel, Basel E -> D 400 08.11.15 Freidenker Karl d. Gr., Zürich E -> D 540 17.11.15 SIX Convention Neue Börse, Zürich E -> D 600 18.11.15 CREDIT-SUISSE Bocken, Horgen E–>F 1000 Interprefy Client Fee (CHF) 21 18.11.14 – 30.06.15 New Balance Sheet and Income Statement as of 31.10.2015 is in process 22 23 Asia; 1‘035 Oceania; 161 Amounts in USD million Africa; 22 Latin America; 50 Western Europe; Common Sense Advisory: „The Language Services Market 2012“ 1‘654 and „2014 Annual Market Study“ interpr. is 17% of market -> Total market $8‘040 million Growth rate 12% p.a. North America; 2‘802 Europe; 3‘970 Rest of Europe; 2‘016 Switzerland; 300 24