Ceeyes Group (Founder), HolonTech (CTO), NEC, GTE Telecom, Unisys
5 Patents in the area of high availability</li></li></ul><li>Athena Management<br />Over 100 years of successful senior management experience.<br />Direct successes in the telecommunications switching market.<br />Successful design and implementation of switching systems.<br />Ability to attract and retain superior employees.<br />In depth understanding of the IPO and M&A business.<br />Proven track record of increasing shareholders equity.<br />
The Market <br /><ul><li>Worldwide Carrier Ethernet Market
Early movers such as Apple’s iTunes succeeded in evangelizing their technologies
Huge investments for R&D by early movers in digitizing content helped market acceptance of the technologies
The Core Transport Network is being overwhelmed</li></li></ul><li>Scope of Problem<br /><ul><li>Cable Operators and Telephone Companies are struggling to meet and keep up with the bandwidth demand for customer services.
Telco carriers are losing millions of basic customers (over 25M in US alone, $625 million in monthly revenue) to competitors because they cannot offer competitive high speed services.
Ethernet switching equipment market was $3.5B in 2005, projected at $10.5B by 2010.
While “edge” applications, such as Youtube and AT&T’s U-verse, have lead in deployment, they have quickly outstripped the core network’s ability to support them.</li></li></ul><li>Recent News Events<br /><ul><li>“Only 60% of American households have speedy Net access. That puts the country in 15th place among developed nations, according to the Organization for Economic Cooperation and Development. It’s a mighty fall from 2001, when the U. S. ranked fourth.” </li></ul> Roger O. Crockett<br /> Business Week, August 11, 2008<br /><ul><li>“It took 100 years to get 1 billion devices on the network. It will take less than 10 years to get the next billion.”</li></ul> John Donovan: AT&T’s technology chief<br /> quoted in USA Today, August 1, 2008<br />
Barriers to Entry<br /><ul><li>Architecture that allows for 1/3 of competitor’s pricing.
Recent M&A Transactions<br /><ul><li>World Wide Packets (March, 2008)– 10 x 10Gb ports, $21,000 per 10GE port, acquired by Cienna for $300 million, revenue of $16 million
Foundry Networks (July, 2008)– 128 x 10Gb Ports, not carrier grade, $17,000 per port acquired by Brocade for $3 billion, revenue of $600 million
Atrica, Inc. (Oct, 2007) – 15 x 10Gb Ports, $13,000 per port, acquired by Nokia Siemens Networks for $300 million, revenue of $17 million </li></li></ul><li>Prospects/Partners<br /><ul><li>Carrier Providers
Athena Switches<br /><ul><li> High Density</li></ul>Higher Capacity than any competitor <br /><ul><li>HighPerformance
Carrier Grade</li></ul>Completely none blocking<br />Meets all Carrier requirements for placement in the Core Network<br />Operates at the speed of the lines<br /><ul><li> Optimized Software
Aggressive Cost/Price Model</li></ul>Robust Management Software<br />16% of Competitor’s Cost<br />30% of Competitor’s Price<br />25<br />
Athena Benefits<br /><ul><li>Compatibility</li></ul>Industry standard provisioning and operation<br />Industry standard communication interfaces<br />Coexistence with present equipment<br /><ul><li>Performance</li></ul>Completely non-blocking<br />Line speed operation across the system<br />Latency neutrality providing Stratum 1 clock capability<br /><ul><li>Scalability</li></ul>Up to 576 10GE ports in a single chassis<br />Up to 1152 1GE ports <br />Low basic unit cost<br /><ul><li>Cost</li></ul>Pricing at 1/2 to 1/3 of competition<br />No expensive “forklift” replacement<br />