Roger Keenan- Founder

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Roger Keenan- Founder
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Part 1 1991 to 1997Building a global business

• Background of Eyretel
• Products and services

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In The Beginning...

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My introduction to the Market
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Going Alone

• Writing the business plan

• Raising the capital

• Starting the business

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The first few years

• The first employee

• Raising more capital

• Success kicks in

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Grow, grow, grow...

• Moved from garage to first premises in 1993
• US JV est. in 1993
• Asia JV est. in 1994
• Bought out JVs in 1996

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Strong Company Growth
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Revenue Summary
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Part 2 1997 to 2003Converting paper into cash

• Winning Fasttrack
• VC investment
• Going Public
• Going private/getting acquired

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Average Number of Employees
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What business were we in 1998
Finding the needle in the haystack
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Who were we in 1998

• Global - Offices in UK, USA, Canada, France,
  Germany, Hong Kong, Japan Australia
• Dealer network into more than 80 countries
• Over 60 of revenues from export
• Over 180 staff worldwide

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Some of Eyretels clients
Corporate Logos reproduced above reflect
Registered Trademarks where such designation has
been supplied by the respective Company
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Eyretel Strategic Alliances and Partners
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Venture capital investment

• September 1998 Apax invests 22.5m for 35 stake
• 7m into business remainder out to shareholders
• Hire COO
• Meet investment banks late 1999

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Non-Executive Directors

• Sir Roger Neville, Chairman
• ex CEO, Sun Alliance
• Sir Michael Bett
• ex Deputy Chairman, BT
• Terence Osborne
• ex VP IBM Chairman Dr Solomons
• Richard Measelle
• ex Worldwide Managing Partner, Arthur Andersen
• Dr Peter Englander
• Director of Apax and QXL.com

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Corporate Venturing
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Share Price
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International Business Operations
Netherlands
Netherlands
Netherlands
Netherlands
UK
UK
UK
UK
Germany
Germany
Germany
Germany
France
France
France
France
Boston
Tokyo
Tokyo
Tokyo
Tokyo
Washington DC
Washington DC
Washington DC
Washington DC
Miami
Shanghai
Shanghai
Shanghai
Shanghai
Hong Kong
Malaysia
Malaysia
Malaysia
Malaysia
Singapore
Singapore
Singapore
Singapore
Sydney
Sao Paulo
Sydney
Sao Paulo
Sydney
Sao Paulo
Sydney
Sao Paulo
Melbourne
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Group Revenue Summary
50.0mUS71.5m
39.4mUS56.3m
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The End

• Secondary offering Nov 2001
• Mid 2002 AGM Share price slumps to 10p
• End 2002/Early 2003 Meet banks to raise finance
  to take private
• Acquired by Witness March 2003 for 60m