Presentation is loading. Please wait.

Presentation is loading. Please wait.

Mobius Confidential Microsystems Mbius Slide 1 of 14 Mobius Microsystems AeA Fall Venture Forum September 22, 2005 Mobius Microsystems, Inc. 1020 Corporation.

Similar presentations


Presentation on theme: "Mobius Confidential Microsystems Mbius Slide 1 of 14 Mobius Microsystems AeA Fall Venture Forum September 22, 2005 Mobius Microsystems, Inc. 1020 Corporation."— Presentation transcript:

1 Mobius Confidential Microsystems Mbius Slide 1 of 14 Mobius Microsystems AeA Fall Venture Forum September 22, 2005 Mobius Microsystems, Inc. 1020 Corporation Way, Suite 204 Palo Alto, CA 94303 www.mobiusmicro.com 650.726.8162 Phone 650.726.8168 Fax L. David Sikes, CEO & Chairman sikes@mobiusmicro.com Michael McCorquodale, Ph.D., CTO mccorquodale@mobiusmicro.com James Vincke, CFO vincke@mobiusmicro.com

2 Microsystems Mbius Mobius Confidential Slide 2 of 14 Overview Technology and IP Mobius’ proven all-Si clock generation technology has the potential to reduce total platform power/heat by 20% and costs by 33% 1 patent issuing, 3 full-utility apps. pending, 3 apps. under development Business model Fabless: Design & sell clock components; outsource manufacturing and test Market and customers $3.4B available market in 2005 Validation of technology performance and value with 3 IP customers Team Raised $2M, built team, delivered to IP customers Investment opportunity Raising first institutional round of $8M to move to fabless model

3 Microsystems Mbius Mobius Confidential Slide 3 of 14 Entrenched Technology vs. Mobius’ Technology Mobius… eliminates the crystal, but retains the required frequency accuracy (±500ppm) eliminates the 2 pins on the package and 2 capacitors previously required for the crystal interface enables a new paradigm in power management with clock start-up latency and scaling in ns, not ms, thus providing the potential for 20-30% total platform power savings can serve applications in harsh environments (high T, G, etc.) Obviously valuable, but can Mobius achieve the required accuracy without the external frequency reference? YES ICS Master Timing Clock Mobius Master Timing Clock But can Mobius defend sockets on just cost/size? Maybe, but Mobius also addresses power

4 Microsystems Mbius Mobius Confidential Slide 4 of 14 Accomplishments to Date January 2004 Technology proven with Si prototypes (IP + discrete) April 2004 Initial angel round: $990k July 2004 Closed $678k contract with first Asian IP customer for embedded USB clock August 2004 Closed $106k contract with first American customer for discrete  P clock sample Nov. 2004 Delivered technology to 1st customer; Began USB qualification March 2005 Delivered technology to 2nd customer Apr.-Aug. 2005 Second angel round: $1M June 2005 First customer goes to full production; 3 rd customer IP license executed Aug. 2005 2 nd customer eval. a success Time

5 Microsystems Mbius Mobius Confidential Slide 5 of 14 1st IP Customer: USB Bridge Controller Asian customer (Taiwan) USB bridge controller for cables and thumb drives Mobius reduced clock module cost from ~$0.25/unit to $0.02/unit Mobius reduced clock module size by over 1,000x 2M units/month in full-production 450  m 400  m

6 Microsystems Mbius Mobius Confidential Slide 6 of 14 Product Opportunities Nearly every single semiconductor component requires a clock Computing: Laptop and PC motherboards, printers, scanners, print servers, etc. Handheld/portable consumer electronics: PDAs, video cameras, digital cameras, mp3 players, calculators, etc. Industrial, scientific, and medical: instruments, etc. Automotive: engine control, etc.

7 Microsystems Mbius Mobius Confidential Slide 7 of 14 2005 Available and Served Markets Silicon timing (TAM): $3.4B, 4% CAGR Frequency references (passive XTAL or ceramic): $1.1B, 1% CAGR Clocking components (active dedicated clock chips): $2.3B, 6% CAGR Mobius’ served markets (SAM) ~50% of $1.1B frequency reference mkt.: ~$550M ~30% of $2.3B clocking component mkt.: ~$710M Value in Served Markets Power and heat: Reduced by 20% or more Cost: Average per unit savings of 33% Size: Reduced by 50% or more $1.26B-33%=$832M

8 Microsystems Mbius Mobius Confidential Slide 8 of 14 Example Target Socket and Platform ICS421-05 Digital camera clock Power: 10mA Cost: ~$0.82 Clocks: 24.576MHz (1394) 72MHz (CCD) 12MHz (USB) Pins: 8 Start-up latency: 10ms Input: 27MHz ref. clock Mobius Digital camera clock Power: 8mA Cost: <$0.55 (55% GM) Clocks: 24.576MHz (1394) 72MHz (CCD) 12MHz (USB) Pins: 6 Start-up latency: 20ns Input: None

9 Microsystems Mbius Mobius Confidential Slide 9 of 14 Competitive Clock Chip Landscape Competition Clock synthesizer: ICS (IDT), Cypress, Freescale Clock oscillator: Epson, Toyocom, NDK Performance and Cost Power and heat management is not addressed by competitors Mobius eliminates resonator and associated costs Acquisition activity in the space Jan. ‘01: Cypress acquired IMI for $125M (2.5X 2001 revenue of $50M) June ‘05: IDT acquired ICS for $1.7B (6.5X 2004 revenue of $260M)

10 Microsystems Mbius Mobius Confidential Slide 10 of 14 Executive Team David Sikes, Interim CEO Semiconductor industry veteran with 40+ years experience Michael S. McCorquodale, Ph.D., CTO 8 years clock IC design: Hughes Space, U. of Michigan, Mobius Technology inventor and CEO since founding to 6/2005 James E. Vincke, CFO Former CFO, Mechanical Dynamics, U. of Michigan technology spin-out 23 years at Mechanical Dynamics: IPO, fund raising, acquisitions, international expansion, executive management

11 Microsystems Mbius Mobius Confidential Slide 11 of 14 Revenue and Expense Model Revenue: sell clock semiconductor components ASP $0.65/unit Fabless business model: outsource manufacturing 1 design effort spread across product family (i.e. multiple products) 55% gross margins Direct sales force manages independent sales representatives and distributors Product development through mid 2006

12 Microsystems Mbius Mobius Confidential Slide 12 of 14 Pro Forma

13 Microsystems Mbius Mobius Confidential Slide 13 of 14 Investment Opportunity Founder/Angel RoundsSeries A Size$2M$8M TimingQ1 2002 to Q3 2005Q3 2005 Uses Develop/verify core tech. Build team/infrastructure Validate tech. value Develop clock product families Build sales channels Milestones Delivered to 3 customers 1 st customer in production Build team, release 1 st discrete product family & sell to first customers

14 Mobius Confidential Microsystems Mbius Slide 14 of 14 Mobius Microsystems AeA Fall Venture Forum September 22, 2005 Mobius Microsystems, Inc. 1020 Corporation Way, Suite 204 Palo Alto, CA 94303 www.mobiusmicro.com 650.726.8162 Phone 650.726.8168 Fax L. David Sikes, CEO & Chairman sikes@mobiusmicro.com Michael McCorquodale, Ph.D., CTO mccorquodale@mobiusmicro.com James Vincke, CFO vincke@mobiusmicro.com


Download ppt "Mobius Confidential Microsystems Mbius Slide 1 of 14 Mobius Microsystems AeA Fall Venture Forum September 22, 2005 Mobius Microsystems, Inc. 1020 Corporation."

Similar presentations


Ads by Google