Prsentation Jet Multimdia

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Presentation January 2005
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• Our Business
• ONLINE MULTIMEDIA
• To create, deliver promote online contents for
  the mass market
• To host corporate services

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• Market Strategy
• BtoC BtoBtoC business
• BtoB business
• Acquisition of
• Conclusion

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Online multimedia

• 2005, market for online services
• Worldwide
• 900 millions Internet users
• 1400 millions mobile users
• France
• 50 millions wireline users
• 43 millions mobile users
• 23 millions Internet users
• 15 millions Minitel
• (sources ART, France Telecom, Mediamétrie, iData)

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BtoC Forecasts
Internet users worldwide (millions)
Mobile users worldwide (millions)

• Source iData

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BtoC Forecasts

• 2005-2010 explosion of mobile services
• 64 of French teenagers have already downloaded a
  ringtone (source Médiamétrie)
• in France, 8 million mobiles are using WAP,
  i-mode, MMS or e-mail multimedia services - 20
  of the total customer base (source ART)
• Mobile transactions could reach 53 bn by 2009
  (source ARC Group)
• Mobile Java services could reach 15 bn by 2008
  (source ARC Group)
• Java games could be a 1 bn market by 2005 and 6
  bn by 2010 (source ScreenDigest)

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Two development axes

• A worldwide BtoC BtoBtoC business interactive
  multimedia online services for the mass market
• music, images, videos download
• mobile personalization logos, ringtones, games
  
• games, chat, voting
• Content selling news, sport, meteo
• A French BtoB business for large companies and
  administrations, value-added services to complete
  offer
• Internet hosting web sites, IP platforms
  e-mail outsourcing
• Voice telephony for CRM management of
  inbound/outbound calls with ACD (Automated Call
  Distribution) CTI (Computer Telephony
  Integration)

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Jet Multimédia Strategy for 2005-2007

• To boost the growth and to improve the
  profitability focus on BtoC mass market and
  mobile services
• to have a better coverage of the value chain
• to be present where value added is created
• To be a key player in Europe for providing,
  aggregating, delivering promoting multimedia
  online services for the mass market
• To develop worldwide, taking advantage of huge
  growth in North America and Asia

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• Market Strategy
• BtoC BtoBtoC business
• BtoB business
• Acquisition of
• Conclusion

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BtoC BtoBtoC Activities
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Mediaplazza Mobile Content

• Largest mobile content database in the world,
  with a catalog of 30.000 items ring tones
  (mono, polyphonic MP3), logos (BW, color)
  voice mail messages, Java games
• Evolution of
• daily downloads
• More than 1 million
• downloads
• in December 2004

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Mediaplazza Mobile Content

• Mediaplazza is the largest affiliation platform
  for mobile content in the world 20.000
  affiliates (Internet web sites, medias,
  webmasters etc) have already joined ou
  affiliation program in 45 countries
• Business model is based on  revenue
  sharing  with various payment systems
• Audiotex
• Premium SMS
• Credit Card
• Prepaid card
• A delivery platform interconnected with 120
  telcos

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Mediaplazza Mobile Content

• Sonnerie.net entered last year the Top1000 of
  worldwide Internet audience ()
• more than 40 millions unique visitors / month
• more than 50 millions visits / month
• more than 80 millions viewed pages / month
• Jeumobile.com is available in 10 languages 
• () source Alexa

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Mediaplazza Java Games

• A catalog of more than 100 Java games arcade
  games, role playing games, simulation games with
  25 developed in-house

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Mediaplazza Worldwide Presence
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BtoC BtoBtoC Clients

• Internet Portals Web Sites
• neuf telecom, Noos, Starmedia / Wanadoo Espagne,
  Jamba, Bemob / Gator, Freeze.com
• Press Media
• TF1, France Télévision, Canal, Eurosport,
  Disney Channel, Canal J, Fox Kids, Europe2,
  RFM, NRJ, RMC, Tiercé Magazine, SPIR
  Communication, Mediaset, RAI, Mondadori, Rusconi
• Telecom Operators
• Bouygues Telecom, Orange, SFR, SRR, Swisscom,
  Vodafone, neuf telecom, Cegetel, France Télécom,
  
• Handset Manufacturers
• LG, Sagem, Sony-Ericsson
• Sport
• Olympique Lyonnais, Olympique de Marseille,
  PSG...

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Business Case

• i-mode services content (customization, lottery
  results) games, event-driven services
• Voice portal an the 3214 short code
• SMS Games 30 event-driven games per year
• Premium SMS services on 31234, 51234 71234
  short code
• SMS - voice platform hosting
• Content providing for Orange World the voice
  portal
• Content providing for Vodafone Live! the voice
  portal

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Business Case

• Interactive voice services based on TV programs
  real TV with news, games, voting Ferme des
  Célébrités, Star Academy, Nice People, Who
  wants to be a millionaire, Miss France...
• Voice Portal using speech recognition on a short
  number 3280
• Internet projects involving audio video
  streaming with EasyClick micro-payment solution
  to deliver paying content-rich services

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Business Case

• Global hosting platform for France Television
  group
• Internet an optimized architecture for
  france2.fr, france3.fr, france5.fr web sites with
  audio video streaming
• Audiotex voice portal on a short number 3245
• Premium SMS vote, interactivity
• Paying Internet services real-time sport events

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Jet Media Advertising Agency

• An agency selling ad-space to promote online
  services
• web site
• audiotex service
• premium SMS services
• Focused on
• free classified ads newspapers, with 400 titles
• magazines
• TV press Télé 2 Semaines, Télé Grandes Chaînes,
  TV Magazine, Télé Poche, Télé Star
• womens press Voici, Maxi, Nous Deux, Mon
  Jardin-Ma Maison...

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• Market Strategy
• BtoC BtoBtoC business
• BtoB business
• Acquisition of
• Conclusion

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BtoB Business

• Our business Hosting Multi-channel online
  applications involving Internet, Wireline, Mobile
  Phone, Minitel...
• Our mission a one-stop-shop for corporate
• voice data online services  
• Our core-business Value Added Hosting

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Value Added Hosting

• The demand from large companies administrations
  is for transactional complex applications CRM,
  e-business, online administration...
• Solutions focused on their needs
• a global approach on hosting projects Jet
  Multimédia is a platform architect technology
  integrator
• partnerships with the best hardware software
  vendors

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Business Case

• Plate-Formes de Services
• nationwide IVRACDCTI server to collect route
  the phone calls thru a "global virtual call
  center"
• 80 deployed, covering about 40 million people
• more than 2 million calls per month
• Hosting of Internet portals
• event-driven web sites
• fully redundant servers with firewalling load
  balancing capabilities, e-mail platform, audio
  video streaming
• millions of visits per month

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Business Case

• "Contacteur Hyperphone" system
• to automatically link recruitment agencies to
  people seeking jobs
• when a job mission meets people's profile, the
  server automatically issues a call by phone / SMS
  / e-mail / fax
• more than 1 million contacts monthly, 90
  successful within less than one hour
• system deployed in France, Benelux and being
  deployed in the UK

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• Market Strategy
• BtoC BtoBtoC business
• BtoB business
• Acquisition of
• Conclusion

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Mediafusion - The Company

• Leading online service provider in Spain, for
  voice mobile services on BtoC BtoB markets
• High-capacity multi-channel online server
• Internet
• Audiotex
• WAP, SMS MMS
• Created in 1992 - taken over by its current
  management team by the end of 2000
• 100 people in Madrid

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Mediafusion - The Services

• Mobility SMS, WAP, MMS Premium
• value-added services for content providers
  publishers (vote, chat, games, promotion, news,
  )
• mobile personalization with in-house external
  content (logos, ring tones, pictures, games)
• Wireline telephony 80x et 902 Audiotex
• BtoB value-added services for companies
  (customer service, helpdesk, virtual call
  center)
• BtoC entertainment voice services
• SMS Marketing advertising promotion campaigns

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Mediafusion - The Clients

• Press
• Editorial America Iberica, Vocento, Grupo Godo,
  Grupo Prisa, Grupo Zeta, Metro News (Grupo MTG),
  Edipresse Hymsa, Motorpress Iberica, GJ, CMXXI,
  Editorial Planeta, Editorial Cantabria
• TV radios
• Tele 5, Antena 3, Telemadrid, Axn, Eurosport,
  Onda Cero, Cope, Europa FM, Kiss FM, Dance FM,
  Onda Joven, Cadena 100, Radio Popular, Hit Radio
• Internet
• AOL, Wanadoo, Tiscali, Lycos, Msn, ABC,
  Universia, Meetic, Vanguardia Digital,
  Autopista Online, Ya.Com, Hispavista, El Correo
  Digital, Arrakis
• Other
• Euskatel, British Telecom, Tele2, Carrefour,
  Alcampo, The Phone House, Expert, Altadis,
  Accenture, Hôtels Accor, Colt Telecom, Ambassade
  de France, Lycée Français de Madrid, TBWA

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Mediafusion - The Results

• A profitable fast growing comp any
• millions euros 2002 2003 2004
• Sales 24.0 37.5 55 47
• EBIT 1.5 2.7 5.0 85
• EBITDA 1.6 2.9 5.5 90
• Net Cash E 5 Mln

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Mediafusion - Synergies

• Technical Synergies
• Jet Multimédia will extend its European platform
  
• an integrated online services provider
• covering the 3 largest countries of Southern
  Europe
• Mediafusion will be able to route traffic from
  Spain to France Italy
• Marketing Sales Synergies
• Mediafusion contents will enrich existing
  Mediaplazza, Jet Multimédia Hosting Jet
  Multimédia Italie catalog
• the first European catalog, leader on
  Southern Europe
• Mediafusion will offer to its clients products
  services from Jet Multimédia Hosting and other
  group divisions
• Value-added Interbnet hosting, IP and e-mail
  platform outsourcing
• telephony services with voice recognition and
  text-to-speech, multichannel contact center,
  Contacteur Hyperphone

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Mediafusion - Acquisition Terms

• Jet Multimédia has bought 100 of Mediafusion
  España SA
• Initial value of E 37.8 Mln paid
• for E 26.3 Mln in cash
• for E 11.5 Mln in Jet Multimédia shares (around
  715,000 new shares)
• Earn out limited to E 17 Mln and defined by
• sales
• EBIT
• for 2005 2006
• A relutive operation for our shareholders

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• Market Strategy
• BtoC BtoBtoC business
• BtoB business
• Acquisition of
• Conclusion international growth, boosted by
  BtoC and mobile online services

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Conclusion

• PROFORMA 2004
• Global proforma sales E 200 Mln
• 50 on BtoC / BtoBtoC
• 35 outside of France
• About 550 people
• About E 20 Mln free cash after acquisition, and
  no debt
• Growth potential for 2005 is approximatively 10
• 15 for BtoC / BtoBtoC business
• 5 for BtoB business

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Conclusion

• IN 2005, THE EUROPEAN LEADER
• FOR MULTIMEDIA ONLINE SERVICES
• A company more focused on mass market and mobile
  business
• BtoC BtoBtoC will make 55 of 2005 sales
• A company more international, leader in Europe
• France will make only 50 of 2005 sales
• A company more profitable, with accelerated growth

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Questions - Contacts
Eric Peyre Founder Chairman of the Board
eric_at_jetmultimedia.com Manuel Cruz C. E.
O. mcruz_at_jetmultimedia.com Jérôme
Bourgoin Finance Administration jbourgoin_at_jetmu
ltimedia.com Pierre Col Marketing, Communication
IR pcol_at_jetmultimedia.com