This document provides a company profile for Netas, a Turkish technology company established in 1967. It summarizes that Netas has built Turkey's fixed and wireless infrastructure, has over 1,500 customers including Turkey's top 500 companies, and has experienced strong revenue growth through organic growth and acquisitions. It also notes that Netas has a large R&D center with over 700 engineers developing its own 4G LTE and cybersecurity solutions to serve customers across several industries, including finance, telecommunications, energy, and government.

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Company Profile

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We Are …
 Established as Nortel JV in 1967
 48 year-strong presence in Turkey
 Built Turkey’s fixed and wireless voice, data and optical infrastructure
 1,500+ customers including Turkey’s 500
 ‘Turkey’s fastest growing ICT company’ as per 2013 Capital magazine Top 500 survey
 Turkey’s #1 converged (carrier and enterprise) Systems Integrator also serving the Region
 42 years of carrier and enterprise; telecoms and IT R&D
 Field proven hardware , software & application development
 Nortel and Genband’s R&D Center of Excellence in VoIP and Multimedia applications
 Certified as ‘incentivized R&D Center’ by Turkish Ministry of Science, Industry & Technology
 Locally developing 4G LTE & Cyber security solutions
 Awarded twice as ‘Best R&D Center in Telecoms Business’ by Turkish Ministry of Science, Industry & Technology
 Overall strong top line growth from both organic and inorganic activities
 20% CAGR in revenue– from $79m in 2006 to $339m in Y2014
 Significant growth in total order booked from $132m in 2009 to $382m in Y2014
 Sustainable EBITDA growth – from $13m in Y2013 to $18m in Y2014
Glocal
Innovative
Financially
Solid
Company Profile

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First and largest private
R&D in Turkey
History
1967
Induction
1973
2006
2014
Nortel’s global R&D Center
Probil* Acquisition2010
10% Kron** shares
acquired
International expansion
with >$100m in bookings
2011
2013
Captured multi year
transformational ICT projects
2012
 Strong organic growth complemented with acquisitions
 Converged carrier & enterprise SI with R&D Capabilities
 Expanded in regional markets
 Captured and delivered marquee projects in Turkey & Region
79
126 141 137
180
200
307
332 339
2006 2007 2008 2009 2010 2011 2012 2013 2014
Strong financial clout ($m)
Company Profile
* Probil – local enterprise SI
** Kron – local OSS s/w development company
2008
Software export champion of Turkey
OEP Turkey Tech BV acquires Nortel shares
23% of Netas shares in
Istanbul stock exchange
1993
%48,59
%15
%36,41
OEP Turkey
Tech B.V.
Public
Turkish Armed Forces
Foundation
Current shareholder status

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Business Focus
End to end SI Services Innovation Productization
1 2 3 4
 Full solution sales with
services attached
 Technology Consultancy
 Strategic IT Outsourcing
 Deployment and I&C
 Support & Maintenance
 Warranty, repair & return
 Own Products & Solutions
 Custom Software &
Application
 Homegrown 4G LTE solution
 Telco hardware – firmware
– software production in
niche verticals
 Repair center
Tailored for customer Widespread & Reliable c.700 R&D engineers As per global standards
Servicing customers nationwide as per SLA’s and high quality standards
Hardware & software development and custom productization in 10K sqm facility
Complex multi-year multi-million dollar transformation projects delivery in carrier & enterprise domains
Constant innovation & championship in patent applications – applied for c.70 patents in the last 2 years
Company Profile

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Operational Competencies
Netas Technology Competencies
Networking & Infrastructure
Data Center
& Big Data
Unified Communications
& Multimedia / Web RTC
Computing
OSS & BSS Cyber Security
Machine to Machine
Cloud
Enterprise Applications
Hardware –
CPU & DSP design
Vertical sector and customer focus
Technology partner of blue chip customers in Turkey and the Region
Warranty and
Repair & Return
Maintenance
& Support
Managed Services
Technology
Consultancy
Netas Services Capabilities
Netas Strategic Technology Partners
Company Profile

6. 6
Vertical Sector Focus
Finance
o ICT presence within 95% of all banks operating in Turkey
o Serving 11K branches nationwide
Public
o Technology partner of the Ministry of Education – Delivering ICT infrastructure to 9K schools within FATIH project
o Interconnecting c.3K courts and c.550 penitentiaries via unified communications for Ministry of Justice
o Single platform development for Disaster & Emergency Management, Ministry of Premiership
o IP Transformation project with Ministry of Defense in Algeria
o Local 4G LTE development for Turkish Undersecretariat of Defense Industries
Telecom Service Providers
o Providing services to all operators in Turkey that cover 72 million subscribers
o IP migration & network services to TeliaSonera companies in the Region (eg KCell, NCell,UCell, etc)
o Network optimization services to Mobilis Algeria
Energy & Utilities
o ICT solutions top energy companies of Turkey, enabling them
serve to 24 million subscribers
Sports & Entertainment
o Undertaken the first smart stadium project of Turkey
o e-ticket infrastructure of 31 stadiums in operations
o 5,000 cameras installed for surveillance systems
Retail and FMCG
o 60% of the top Turkish retail companies provide premium
service experience over Netas-delivered ICT infrastructure
Company Profile

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International Markets Expansion
• Objective is to replicate successful
vertical SI projects in Turkey in focus
territories
• Focus in North Africa, CIS and Asia-
Pacific
• Substantial business in Algeria with
government and mobile operator
• IP infrastructure solutions within
operators in Kazakhstan & Uzbekistan
• Optical backbone in Bangladesh
• Netas brand in the Region well known
and reputable
• c.$30m annual multimedia VoIP
software sales
110% growth in revenue, 260% growth in orders
(Y2013 to Y2014) – in TL terms
Company Profile

8. 8
Customers Financial Services
General industry/
Conglomerates
Telecom Service
Providers
Government & Public
Entities
Retail/FMCG,
Healthcare &
Education
Utilities & Energy
Public Safety
Technology / R&D
International
Ministry of Labor and
Social Security Ministry of Justice Ministry of Health
Ministry of
Education Turkish State Railways Northern Cyprus E-government
Focus on Top 500 of
Turkey
Marquee customers in
the Region
1,500+ businesses
Turkish Football
Federation
Company Profile

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Strategic Technology Partners
Global Enterprise
Partner of the Year, 2013
Avaya – Partner of the
Year in Developing
Countries, 2014
Microsoft – SI partner in
Turkey, 2014
HP – Platinum Partner,
2014
Gold
Partner
Premier
Partner
Platinum
Partner
Gold
Partner
Platinum
Partner
Gold
Partner
Premier
Partner
Enterprise
Partner
Company Profile

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Major Big Ticket Projects
Increasing momentum as ‘The Technology Power Behind Verticals’
Alter the way Turkish football
fans support their teams by
transforming stadiums into
smart entertainment centers
Turkish Football Federation
Smart Stadiums
Bringing next generation ICT
technologies to North Africa
Algerian Ministry of Defense &
Algerian mobile SP, Mobilis
Transforming Turkish Judicial system with ICT for efficiency and operational
effectiveness
Disaster & Emergency Mgmt
Center Decision Support
Enabling government to manage multiple decision support systems into a single
easy-to-use interface for disaster & emergency operations
Education System Technology
Transformation
Empowering Turkish Ministry of Education with latest ICT infrastructure &
solutions nationwide
Akbank
IP Transformation
Moving bank’s comms
into Cloud and upgrading
IP Infrastructure to serve
all branches nationwide
In recently privatized utilities
market, delivering Aydem
with Automated Meter
Reading Systems & ICT infra
Aydem
Transformation
Unified Communications for
Turkish Ministry of Justice
Company Profile

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Urban areas are getting
- More populous
- More digital
Urban life & ICT are in a
positive feedback loop
Netas is the reliable & competent
solution provider, chartering the
transformation in the Region
Government &
Public Entities
Education Smart Life Centers,
Buildings, etc.
Retail storesBanks
4G LTE Big Data IoT Security
Governing people
in the cities
 Transformation
of courts &
penitentiaries
 Disaster &
Emergency
Mgmt Ops.
Centers, ..
New
infrastructure
Own 4G LTE
products &
solutions
Educating crowds
for digital age
 Technology
partner of
countrywide
infrastructure
transformation
Managing the
volume
Data Centers,
SDN & NFV
partner for large
projects
‘Bank of the
Future’
 Mobile Banking
 ATMs & Virtual
Teller
Machines
Connecting all
devices
Own IoT
products &
solutions for the
new network
Consolidating
online & offline
 Venue
Management
New solutions
for cyber threats
and secure
communications
Own security
products &
solutions
Managing crowds in
buildings & centers
 Solutions from
smart homes and
offices to large
public areas such
as stadiums,
shopping malls etc.
Netas Future Strategy
Premium Solution Provider in the Digital Urban Life
Company Profile

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Thank you
Yenisehir Mah. Osmanli Bulvari No:11 34912 Kurtkoy-Pendik / Istanbul, Turkey
www.netas.com.tr