STRICTLY CONFIDENTIAL. NOT FOR PUBLIC DISTRIBUTION.APPROVED FOR PUBLIC DISTRIBUTION, May 2014
NASDAQ: FNJN
May 2014
www.fi...
1
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
The following presentation is an outline of ...
2
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
At a Glance
Pioneer in Cybersecurity with a ...
3
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Historic investor base includes top technolo...
4
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Diverse global portfolio of 40+ issued and e...
5
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Product suite includes software and applianc...
6
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Commercial Adoption of Security Solutions
19...
7
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Cybersecurity: An Escalating Global Challeng...
8
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Horizontally Integrated Cybersecurity Market...
9
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Cybersecurity Licensing Universe
Relevant Se...
10
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
2007:
2012: Confidential
2012: Confidential...
11
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
JUDGMENTS
Successful Track Record Monetizin...
12
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Finjan continues to grow through strategic ...
13
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
THIRD-PARTY LICENSING AGENTS
AND AGGREGATOR...
14
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Seasoned Management Team
Shimon Steinmetz C...
15
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Distinguished Board of Directors
Michael Ei...
16
Click to edit Master title style
APPROVED FOR PUBLIC DISTRIBUTION, May 2014
Investment Thesis
Large Licensing
Universe
...
17
Click to edit Master title style
Contact Us
Shimon Steinmetz
Chief Financial Officer
Finjan Holdings, Inc.
Direct: 646....
Upcoming SlideShare
Loading in …5
×

Finjan_Investor_Presentation_May2014

263 views
204 views

Published on

Finjan is a technology company committed to investing in innovation, advancing the development of new technologies while promoting the value of IP rights.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
263
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Finjan’s patented threat pattern detection technology is licensed to and sold by companies as part of their network and device security products. As I mentioned earlier, we have 40 pending and issued patents worldwide built from our own technological innovations. Our patent portfolio includes 20 issued U.S. patents, 3 pending U.S. patent applications, 11 issued foreign patents and 4 pending foreign patent applications.

    Our earliest priority dates are 1996, with expiration dates starting in 2030. These patents represent significant coverage of behavior-based endpoint, web and network security core concepts.

    Our patents are recognized throughout the industry through active licensing and forward citations.

  • Finjan_Investor_Presentation_May2014

    1. 1. STRICTLY CONFIDENTIAL. NOT FOR PUBLIC DISTRIBUTION.APPROVED FOR PUBLIC DISTRIBUTION, May 2014 NASDAQ: FNJN May 2014 www.finjan.com
    2. 2. 1 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 The following presentation is an outline of matters for informational purposes only. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities of Finjan Holdings, Inc. (“Finjan”, “we” or “us”). This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements regarding our expectations, intentions, beliefs and projections about our future results, performance, prospects and opportunities. These statements can be identified by the fact that they do not relate strictly to historical or current facts or by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “potential,” “should,” “will,” “will be,” “would,” the negative of these terms and similar expressions, but this is not an exclusive way of identifying such statements. Readers are cautioned that forward-looking statements are not guarantees of future performance. Our actual results, performance and achievements may differ materially from those expressed in, or implied by, the forward-looking statements contained in this presentation as a result of various risks, uncertainties and other factors. Important factors that could cause our actual results to differ materially from our expectations include, without limitation, our ability to execute our business plan, the outcome of pending or future enforcement actions, our ability to expand our technology portfolio, the enforceability of our patents, the continued use of our technology in the market, the development of a liquid trading market for our securities and other factors described under Item 1A, “Risk Factors,” as set forth in the Company’s Annual Report on Form 10-K filed with the SEC on March 14, 2014, and any subsequent quarterly or current reports. The Company will continue to file annual, quarterly and current reports, proxy statements and other information with the SEC. Forward- looking statements speak only as of the dates specified in such filings or presentations. Except as expressly required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not undertake any obligation to update any forward-looking statements to reflect events or circumstances arising after any such date, whether as a result of new information or future events or otherwise. You should not place undue reliance on the forward-looking statements included in this presentations or that may be made elsewhere from time to time by us, or on our behalf. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. Our filings with the SEC are available to the public on, and may be reviewed at, the SEC’s internet website http://www.sec.gov and on Finjan’s web site http://www.finjan.com. You may also read and copy any document that Finjan files with the SEC at the SEC’s Public Reference Room, 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room and their copy charges. Safe Harbor Statement
    3. 3. 2 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 At a Glance Pioneer in Cybersecurity with a Diverse Global Portfolio of 40+ Issued and Pending Patent Assets. Successfully Licensed Intellectual Property to 5 Major Companies Resulting in more than $145 MM of Income. Broad Portfolio of Patents •40+ issued and pending patents around the world •Patents covering Finjan developed products •Fundamental, not “feature,” patent Managing IP as an Asset Class •Taking 80% of technology value and making it 100% of our focus •Developed core competency in Intellectual Property as an asset class •Industry-wide licensing program of Finjan’s innovations Innovator in Software Security •Over $65 MM invested in R&D •Spurred by a challenge to develop a “killer” Java application •Early recognition that inventions needed patent protection
    4. 4. 3 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Historic investor base includes top technology venture capitalists, former Fortune 500 CEOs & institutional investors with successful track record of investing in technology & IP Stock Information 1: As of 5/6/2014 2: As of 3/31/2014 Ticker Symbol NASDAQ: FNJN Recent Share Price1 $5.50 52-Week Range1 $4.70 – $15.00 Shares Outstanding2 22,368,453 Market Cap1 $119 million
    5. 5. 4 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Diverse global portfolio of 40+ issued and ending patent assets in endpoint, web and network security built from Finjan’s own innovations Relevant Intellectual Property Portfolio PATENT PORTFOLIO • 22 issued U.S. patents • 4 pending U.S. applications • 11 issued foreign patents • 4 pending foreign applications PORTFOLIO HIGHLIGHTS • Worldwide coverage • Earliest priority dates: 1996 • Expiration dates: 2030 and beyond • Multiple families UNITED STATES 22 Granted Patents 4 Patent Applications CANADA 1 Granted Patent 1 Patent Applications GERMANY 1 Granted Patent FRANCE 1 Granted Patent ITALY 1 Granted Patent NETHERLANDS 1 Granted Patent U.K. 1 Granted Patent JAPAN 1 Granted Patent ISRAEL 3 Granted Patents 1 Patent Application PCT Filings 1 Granted Patent 2 Patent Applications Note: Additional non-public fillings
    6. 6. 5 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Product suite includes software and appliances focused on protecting endpoint devices connected through web or enterprise network infrastructure Homegrown Technology Small and Medium-Sized Business Solutions Enterprise Solutions Large Enterprise Solutions NG-100 NG-5100 NG-6100 NG-8100 • Behavior based detection prevention of malicious code/viruses • Our technology is the base architecture for monitoring malicious code/viruses as individuals and enterprises access the internet through multiple access points/networks (mobile, private, public, enterprise) • Increased relevance in a connected but unwired world Example Situation: Someone sends you a power point file that has a virus that downloads malware Solution: Finjan technology runs the attached file in the sandbox in the background, identifies the malicious code, strips it out, and replaces the clean attachment without the user even knowing it
    7. 7. 6 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Commercial Adoption of Security Solutions 1995 1995 - 2000 2000 - Present VIRUS MALWARE NETWORK GATEWAY SECURITY SOLUTION Early Adaptive Integrated Comprehensive THREAT Virus and signature-based threats delivered to endpoints Malware and malicious code and other yet unknown threats over the web to endpoints Viruses and malware over the web and through private networks attacking endpoints and data storage Cybersecurity includes antivirus and malware in both software and hardware but includes intrusion prevention fraud detection to any number of connected endpoint devices COVERAGE Endpoint Endpoint, web Endpoint, web, network Endpoint, web, network, mobile devices IMPLEMENT- ATION Software Software Software, hardware Software, hardware, SaaS GROWTH STRATEGYFINJAN PATENTS
    8. 8. 7 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Cybersecurity: An Escalating Global Challenge C Y B E R S E C U R I T Y B R E A C H E S I N T H E N E W S FBI: Cyber-attacks Surpassing Terrorism as Major Domestic Threat JPMorgan Warns Card Users on Data Loss After Cyberattack December 5, 2013November 25, 2013 Target cyber breach hits 40 million payment cards at holiday peak December 19, 2013 “Growth in the cloud security services space has overtaken that of traditional delivery models, growing at a rate of 30% by the end of 2013 and reaching $4.2 billion by 2016.” “2013 worldwide IT security spending will be approximately $17.9 billion.” “2013 Enterprise spend on Secure Web Gateway is estimated to be $2.5 billion with a expected CAGR of 11.8% between 2011-2016.” “Cyber attacks listed as a top national security threat in the 2013 Worldwide Threat Assessment of the U.S. Intelligence Community.” “Secure Web Gateway revenues grew 15% in 2012 and are estimated to grow between 13%- 15% in 2013.” “2011 Ponemon Institute study estimated a 44% increase in successful cyber attacks from the prior year.” Neiman Marcus latest victim of cyber attacks, January 11, 2014 March 16, 2014 NATO Says its websites hit by cyber attacks Cyber-Attacks to grow with new technologies, Clapper Says January 11, 2014
    9. 9. 8 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Horizontally Integrated Cybersecurity Markets StandaloneVertical,SoftwareSecuritySingle Vertical (Legacy) Comprehensive software protection for endpoint devices including the emergence of smartphone operating system security Includes consumer and enterprise malware protection delivered over the cloud as well as web/gateway infrastructure protection Traditional networking equipment now includes integrated malware protection. Both purpose built boxes and next gen firewall Endpoint & Cloud Web Gateway Next Gen. Firewall Multiple Industry Verticals with BILLION dollar markets Software Web Infrastructure Networking Equip. $4.1 BN$11.2 BN $4.0 BN * Market Estimates from Gartner, SEC documents, and Company Estimates for 2013 Finjan Patented Innovations at the Core
    10. 10. 9 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Cybersecurity Licensing Universe Relevant Security Markets 2013 2014 2015 2016 2017 Endpoint & Cloud $11.2 BN $11.8 BN $12.5 BN $13.2 BN $13.8 BN Web Gateway $4.1 BN $4.4 BN $4.7 BN $5.0 BN $5.3 BN Next Gen. Firewall $4.0 BN $4.0 BN $4.0 BN $3.7 BN $3.4 BN Total Sales $19.3 BN $20.2 BN $21.2 BN $21.9 BN $22.5 BN 0.0 2.0 4.0 6.0 2013 2014 2015 2016 2017 0.0 5.0 2013 2014 2015 2016 2017 0.0 10.0 20.0 2013 2014 2015 2016 2017 Endpoint & Cloud Next Gen. FirewallWeb Gateway Source: Gartner forecast and Company analysis. $ in BN $ in BN$ in BN
    11. 11. 10 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 2007: 2012: Confidential 2012: Confidential 2010: “2010 Litigation” (5 Defendants) 2013: 2013: 2013: 2013: 2014: 2005: 2009: 2012: Finjan generates revenues by granting IP licenses and, where necessary, protecting its proprietary inventions through active enforcement of patent rights Sustainable Business Model LICENSING LITIGATION SETTLEMENTS 80% 20% 80% Finjan has generated more than $145 MM in income from licenses and settlements JUDGEMENTS20%
    12. 12. 11 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 JUDGMENTS Successful Track Record Monetizing Assets COMPANY . DATE LICENSES & SETTLEMENTS TYPE* March 2008 $37.9 MM • Established royalty rate 8%-16% • Willfulness found • Injunction granted July 2005 $8 MM • Paid-up, cash • Portfolio • Life of patents Nov 2009 25% equity of M86 • Stock • Portfolio • Life of patents March 2012 $3.1 MM1 • Stock • Portfolio • Life of patents April 2012 $11.3 MM • Confidential • Portfolio • Life of patents Nov 2012 $85 MM • Confidential • Portfolio • Life of patents LICENSES & SETTLEMENTS *e.g.: Running royalty, paid up, lump sum, etc. 1: Estimated book value representing 224,000 shares of Trustwave Source: company SEC fillings CONFIDENTIAL CONFIDENTIAL
    13. 13. 12 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Finjan continues to grow through strategic acquisition, investment, and partnerships leveraging our experience in making our technologies available through licensing Growth Opportunities Beyond Cybersecurity Years 1 2 3 4 5 6 7 8 Leg Work High Leg Work Low Finjan Portfolio Finjan Portfolio Current Portfolio Future Portfolio 1 Future Portfolio 1 Future Portfolio 1 Future Portfolio 2 Future Portfolio 2 Future Portfolio 2 Notice Period Early Harvest Core Harvest Volume Income Low ($) Volume Income High ($)
    14. 14. 13 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 THIRD-PARTY LICENSING AGENTS AND AGGREGATORS Name Ticker Market Cap RPXC $856 MM ACTG $744 MM Private ? Private ? Private ? Private ? TECHNOLOGY BASED IP COMPANIES Name Ticker Market Cap FNJN $108 MM IDCC $1.45B N TSRA $1.1 BN RMBS $1 BN PRKR $458 MM WILN $361 MM Finjan identifies with a distinguished grouping of public and private companies with an income component from intellectual property Peer Group Analysis ACQUIRED IP COMPANIES Name Ticker Market Cap VHC $747 MM PCO $404 MM VRNG $275 MM UPIP $244 MM DSS $62 MM SPEX $6 MM Note: Market Cap as of 5/22/14 (Apple, Blackberry , Ericsson, Microsoft, and Sony)
    15. 15. 14 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Seasoned Management Team Shimon Steinmetz Chief Financial Officer • Former technology banker - Cantor Fitzgerald, Goldman and Citigroup • Former senior associate at TH Lee Putnam Ventures • MBA, University of Chicago • BA, Yeshiva University Ivan Chaperot VP, IP Licensing • Former Intel executive responsible for large scale IP transactions • Former Licensing executive Intellectual Ventures • Former senior manager Alcatel Lucent • MA, Centre for International Intellectual Property Studies • DEA, University of Paris-Sud Phil Hartstein President • Former VP and portfolio manager at IP Navigation Group • Former managing director at Rembrandt IP • Former director in a patent brokerage, practice head of an IP consulting firm, trained in boutique IP firm • BS Industrial Technology, Cal Poly SLO Julie Mar-Spinola VP, Legal Operations • Former GC at Alta Devices, Phoenix Technologies and iolo technologies • Former VP, Global Affairs at Atmel Corporation (ATML), overseeing global IP, litigation and licensing • Former Special Counsel to Heller Ehrman, specializing in complex IP litigation Miyun Sung VP, Legal Counsel • Former Counsel for Hogan Lovells • Former Senior Counsel for MicroStrategy Inc. • JD, Harvard Law School • BA, Cornell University Shlomo Touboul, Senior Advisor (Finjan, Inc.) • Founder of Finjan Software and inventor on a number of Finjan patents • Founder at CUPP Computing, Yoggie Security Systems, StrategySeeker.com • BS, Technion Israel Institute of Technology Friederike Edelmann, Director Investor Relations • Former IRO SAP, Coty, Realtech • Member of the Board of NIRI New York • Bachelor of Business Administration, Florida Atlantic University/Accadis Bad Homburg, Germany • MS in Marketing, GSBA Oekreal Zurich, Switzerland
    16. 16. 15 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Distinguished Board of Directors Michael Eisenberg Director • Partner, Aleph, an early stage Israeli venture fund • General Partner, Benchmark Partners • Former Partner, Israel Seed Partners • BA Political Science, Yeshiva University Alex Rogers Director • Managing director, HarbourVest Partners • Former business analyst, McKinsey & Company • Serves on multiple boards of private/public companies • MBA, Harvard Business School • BA Economics, Duke University Eric Benhamou Director • CEO and Founder, Benhamou Global Ventures • Former CEO, Palm • Former CEO, 3Com • Doctorate, Arts et Métiers, Paris Tech • Masters in Engineering, Stanford University Daniel Chinn Director • Partner, Tulchinsky Stern Marciano Cohen Levitski & Co. • Former Partner, Herzog, Fox & Neeman • Former Partner, Israel Seed Partners • BA Jurisprudence, Oxford University • Member of the Israel Bar Association Harry Kellogg Director • Former vice chairman of the board of the Silicon Valley Bank, the California bank subsidiary and the commercial banking operation of SVB Financial Group • Serves on multiple boards of civic and industry organizations • BS Business Administration & Finance, San Jose State University Michael Southworth Director • CFO Contact Solutions LLC • Former SVP of Global Wireless Solutions at Corning • BS Biology Business Concentration, University of California at Berkeley • CPA in the State of California Glenn Daniel Director • Former Managing Director Houlihan Lokey • BA German & Economics, University of Wisconsin, Madison • MS Finance, University of Wisconsin, Madison
    17. 17. 16 Click to edit Master title style APPROVED FOR PUBLIC DISTRIBUTION, May 2014 Investment Thesis Large Licensing Universe Successful Licensing History Strong Balance Sheet Homegrown Technology Seasoned Management Team Distinguished Board of Directors Respected Investor Base Over $100 BN addressable market for Cybersecurity between 2013 and 2017 Successfully received more than $145 MM in licensing/enforcement income absent a dedicated management team and focused business model $23 MM in cash and no debt (per 10K filed on 3/31/2014) Battle-proven foundational IP portfolio is a direct result of our R&D efforts and invested dollars Team that executes, experts in patent monetization, technology investments and capital markets Advisory representation from globally respected technology and investment leaders Include top technology venture capitalists, former fortune 500 CEOs & institutional investors with successful track record of investing in technology & intellectual property
    18. 18. 17 Click to edit Master title style Contact Us Shimon Steinmetz Chief Financial Officer Finjan Holdings, Inc. Direct: 646.755.3320 Email: shimon@finjan.com 122 East 42nd Street Suite 1512 New York, NY 10168 www.finjan.com PRESENTATION BY: Friederike Edelmann Director Investor Relations Finjan Holdings, Inc. Direct: 646.350.4999 Email: friederike@finjan.com 122 East 42nd Street Suite 1512 New York, NY 10168 www.finjan.com FOR MORE INFORMATION:

    ×