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AmberWave Systems. “Enabling better chips through materials science research and development.”. Financing: 1999 Seed: $750k Adams Capital 2000 Round 1 $20M TeleSoft, Arch, Adams, Hillman 2002 Round 2 $25M Hillman, Adams, Arch, TeleSoft, DOW
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AmberWave Systems • “Enabling better chips through • materials science research and development.” Financing: 1999 Seed: $750k Adams Capital 2000 Round 1 $20M TeleSoft, Arch, Adams, Hillman 2002 Round 2 $25M Hillman, Adams, Arch, TeleSoft, DOW 2004 Round 3 $21M 3i,TeleSoft,Adams,Arch,Hillman Richard Faubert President & CEO AmberWave Systems October 30, 2004 13 Garabedian Drive Salem, NH, 03079 Phone: 603-870-8700 Fax: 603-870-8607 www.amberwave.com
The Industry’s Challenge 130nm node Gate Source Drain Gate Drain Source Moore’s Law: Shrinks: 10B Itanium III 1B 256Mbit DRAM Itanium II 64Mbit DRAM GeForce 4 Pentium 4 100M Pentium III 16Mbit DRAM GeForce 3 2x/18 months Riva 128 Itanium 10M 4Mbit DRAM s 1Mbit DRAM r Celeron o t Pentium s 1M i s 256Kbit DRAM Pentium Pro n a 80486 r t 64Kbit DRAM 80386 f o 100K r 80286 e b 16Kbit DRAM m 4Kbit DRAM u 2x/24 months 10K N 8086 8088 8080 100bit shift 8008 1K 4004 [4] 64 bit bipolar array, IBM [2] 100 10 2x/12 months 1 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 Year Shown courtesy of WWW.ICKNOWLEDGE.COM [1] Stanley Mazor, "The History of the Microcomputer - Invention and Evolution“, [2] Bob Donlan and David Pricer, "Pushing the Limits: Looking Forward...Looking Back," Microelectronic Design, Vol. 1., (1987)., [3] "Inventions of the Modern Computer: Intel 1103 The World's First Available DRAM Chip,“, [4] Jonathan Cassell, "Who Really Invented the Microprocessor, [5] Gordon E. Moore, "Cramming more components onto integrated circuits," Electronics, Vol. 38, N. 8, Apr. (1965).
Materials are the Solution Andy Grove,“Changing Vectors of Moore’s Law”,presentation to 2002 IEDM,, Dec. 10, 2002
AmberWave IP Position • Current portfolio status: • 44 issued patents (6 in foreign countries) • 16 allowed patents • 74 pending patents • Areas of device coverage: • In-process strain • Bulk strained silicon • Strained silicon on insulator (SSOI) • Optoelectronics on silicon • Future epitaxial strained layer technologies
Strained Silicon TAM Strained Silicon’s primary market applications: Microprocessors SRAM memory Standard Cell ASICs Programmable Logic Devices Micro-controllers Graphics / Imaging Digital Signal Processing Gate Arrays Strained Silicon IP TAM: $900 million 2007 TAM Estimates: Device Revenue: Total Revenue: $78.2 B x Royalties (1%) ______ Strained Si IP Revenue: $782 M Wafer Revenue: Total Revenue: $3.9B x Royalties (3%) ______ Strained Si IP Revenue: $117 M
Competition Andy Grove,“Changing Vectors of Moore’s Law”,presentation to 2002 IEDM,, Dec. 10, 2002
Customer Traction Strained Si Strained-Si Channel
Revenues $832,000 $1,030,000 $2,540,000
The Team AmberWave Systems Richie Faubert Bryan Lord Chris Vineis Corp Dev & Admin Process Lab AmberWave Board Mitch Tyson ChairmanRichie Faubert President & CEOWilliam Frezza Adams Capital ManagementKaren Kerr Arch VenturesMarko Maschek 3i Tony Lochtefeld Research Mayank Bulsara Wade Sheen Mkt. Sales. CTO
Thank you ~ Questions?