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Poet Presentation Part 1

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Published on Mar 3, 2013

Steps completed in second half of 2012:
1. Restructure of OPEL board of directors by adding new directors:
• Mark Benadiba (Executive Chairman), Peter Copetti (Executive Director), Sam Peralta (Director), Chris Tsofias (Director)
2. Strengthen executive team to improve monetization capabilities
• Peter Copetti appointed as Executive Director
• Lee Shepherd appointed as VP-Technology
3. Complete divestiture of OPEL Solar
4. Dr. Taylor achieves key milestone by demonstrating vertical emitting laser in OPEL's lab
Steps planned for completion in 2013 and the first half of 2014:
5. Raise final equity financing needed to provide sufficient time and funds to monetize the POET platform
6. Move forward with divestiture team:
• OPEL executives, investment bankers, legal counsel, public relations firm, proxy solicitors
7. Approach companies across all semiconductor industry verticals to complete the monetization strategy
• Relevant semiconductor companies, military equipment manufacturers, GaAs Foundries, other component design firms
8. Thorough review and due diligence process of the POET technology by potential acquirors or licensors
9. Valuation analysis and establish a benchmark necessary for tender purposes
10. Finalize potential bidders or licensors in an auction process and finalize the structure and form of any proposed transaction as to
whether the consideration will be all cash or a combination of cash and securities
11. Receive a fairness opinion as to whether or not the terms are fair from a financial point of view to the OPEL shareholders
12. Lock-up with the highest bidder in a well-conceived strategic acquisition to increase share price
13. Acquisition of OPEL by the successful acquiror to be completed in 2013 to cash out all OPEL shareholders (liquidity event)
OPEL

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