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SCiSOURCE Corporate Overview


     Sales Organizations
      Happy with yours?
      You are not alone!

                              SCiSOURCE LLC
                           COMPANY CONFIDENTIAL
93% of Life Science companies aren’t either!
 Non-Performance
   Can’t deliver the revenues they committed to
   Not mentored/motivated/monitored effectively
   Incentive programs not providing the motivation to perform
 High Turnover in Sales Channels
   Average turnover of 18-24 months
   Cost of retooling is $90K to $150K/rep, never budgeted for, comes
   out of revenues
   Scientists are not salespeople
 Limited choices
   Direct Sales
   Distributors
   Independent Reps
                                                               SCiSOURCE LLC
                                                            COMPANY CONFIDENTIAL
High Technology Companies
R&D works long and hard to create a product/service
  Funding from 3 primary sources
     SBIR grants
     Angel investors/friends and family
     Venture Capital firms
Limited capital = limited time to deliver results
  VC’s want to see results, not hear excuses
  Lead generation, access to decision-makers, infrastructure
  Limited options for distribution
Available distribution options
  Direct Sales – most expensive, most influence over sales team
      Limited capital won't allow you to hire the best
  Distributor – Too many products in the portfolio (100’s to 1000’s)
      Long-standing relationships are first priority, you are at the bottom of
      the pile
  Independent Reps – Least expensive option
      Definition is “not subject to control by others”                    SCiSOURCE LLC
                                                                       COMPANY CONFIDENTIAL
Shared Resource Model is the Answer
We are the sales extension of your company
  A micro-portfolio of 8-10 companies maximum, leverageable never competitive
  Shared resources save you money, typically <15% to 20% of building your own
  Sales organization is comprised of seasoned sales professionals
      We receive ~100 resumes/week, do extensive screening, hire only the best
      Compensation plans designed to attract and retain them
      Well-established in their territories with an extensive network of clients
  Provide marketing reconnaissance and feedback to optimize your marketing
  materials and efforts
  Monthly reports, work together to develop forecasts, based on real data
  You provide the training & collateral, we provide the results
  Model is scaleable, based on your desire for revenue growth
                                                                            SCiSOURCE LLC
                                                                         COMPANY CONFIDENTIAL
Shared Resource Model Advantages
Share the cost and leverage the sales opportunities
Access to a greater number of potential customers
Options available to accommodate any expansion scenario
  Start with 4 Sales Specialists in Life Science Hotbeds
     Boston/Cambridge, NY/NJ, MD (NIH), San Diego
     Ramp up to 8, then 12
     Ramp directly to 12
  Assay & Reagents kit model also available
     East Coast and West Coast sales specialists

                                SCiSOURCE LLC
                             COMPANY CONFIDENTIAL
Micro-Portfolio Design
Sector-specific to ensure focus AND leverage
  Microarray technologies
  Molecular Biology
  Capital Equipment
  Automation
  CRO’s and CMO’s
  Microbiology
  Others as required
Migration between Micro-Portfolios
  Provides our clients with additional flexibility, exposure, revenues
  Allowed at anytime during contract period
  Significant cost-savings is possible, as the number of members in the
  portfolio share the costs
  Access to new clients, previously unapproachable
  Micro-portfolios are specifically designed to provide each member
  additional exposure of their product/service
                                                                SCiSOURCE LLC
                                                             COMPANY CONFIDENTIAL
Make SciSOURCE Your Source
Access to the best available Life Science sales
professionals in key life science territories
  ~15% -20% less expensive than “building your own”
   Focused on your products/services
  Scalable and affordable
  Never have to deal with the problems of indirect sales
  channels again
     Indifference, favoritism to their long-term clients
     Lack of focus, sell what is easiest
     No control, no feedback, no orders
                                                     SCiSOURCE LLC
                                                  COMPANY CONFIDENTIAL
Our Next Steps to Your Increasing Sales

Sign a NDA and fax it back
Schedule a conference call to discuss your specific
requirements
   Which micro-portfolio is best suited for you
     Existing one or create one?
  Determine which model fits your expansion plans
     Targets and sales forecasts
     Your budget
  Which pricing and commission model is best
     12 different models to address any scenario
                                                      SCiSOURCE LLC
                                                   COMPANY CONFIDENTIAL

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SCiSource Overview2 01 09

  • 1. SCiSOURCE Corporate Overview Sales Organizations Happy with yours? You are not alone! SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 2. 93% of Life Science companies aren’t either! Non-Performance Can’t deliver the revenues they committed to Not mentored/motivated/monitored effectively Incentive programs not providing the motivation to perform High Turnover in Sales Channels Average turnover of 18-24 months Cost of retooling is $90K to $150K/rep, never budgeted for, comes out of revenues Scientists are not salespeople Limited choices Direct Sales Distributors Independent Reps SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 3. High Technology Companies R&D works long and hard to create a product/service Funding from 3 primary sources SBIR grants Angel investors/friends and family Venture Capital firms Limited capital = limited time to deliver results VC’s want to see results, not hear excuses Lead generation, access to decision-makers, infrastructure Limited options for distribution Available distribution options Direct Sales – most expensive, most influence over sales team Limited capital won't allow you to hire the best Distributor – Too many products in the portfolio (100’s to 1000’s) Long-standing relationships are first priority, you are at the bottom of the pile Independent Reps – Least expensive option Definition is “not subject to control by others” SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 4. Shared Resource Model is the Answer We are the sales extension of your company A micro-portfolio of 8-10 companies maximum, leverageable never competitive Shared resources save you money, typically <15% to 20% of building your own Sales organization is comprised of seasoned sales professionals We receive ~100 resumes/week, do extensive screening, hire only the best Compensation plans designed to attract and retain them Well-established in their territories with an extensive network of clients Provide marketing reconnaissance and feedback to optimize your marketing materials and efforts Monthly reports, work together to develop forecasts, based on real data You provide the training & collateral, we provide the results Model is scaleable, based on your desire for revenue growth SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 5. Shared Resource Model Advantages Share the cost and leverage the sales opportunities Access to a greater number of potential customers Options available to accommodate any expansion scenario Start with 4 Sales Specialists in Life Science Hotbeds Boston/Cambridge, NY/NJ, MD (NIH), San Diego Ramp up to 8, then 12 Ramp directly to 12 Assay & Reagents kit model also available East Coast and West Coast sales specialists SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 6. Micro-Portfolio Design Sector-specific to ensure focus AND leverage Microarray technologies Molecular Biology Capital Equipment Automation CRO’s and CMO’s Microbiology Others as required Migration between Micro-Portfolios Provides our clients with additional flexibility, exposure, revenues Allowed at anytime during contract period Significant cost-savings is possible, as the number of members in the portfolio share the costs Access to new clients, previously unapproachable Micro-portfolios are specifically designed to provide each member additional exposure of their product/service SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 7. Make SciSOURCE Your Source Access to the best available Life Science sales professionals in key life science territories ~15% -20% less expensive than “building your own” Focused on your products/services Scalable and affordable Never have to deal with the problems of indirect sales channels again Indifference, favoritism to their long-term clients Lack of focus, sell what is easiest No control, no feedback, no orders SCiSOURCE LLC COMPANY CONFIDENTIAL
  • 8. Our Next Steps to Your Increasing Sales Sign a NDA and fax it back Schedule a conference call to discuss your specific requirements Which micro-portfolio is best suited for you Existing one or create one? Determine which model fits your expansion plans Targets and sales forecasts Your budget Which pricing and commission model is best 12 different models to address any scenario SCiSOURCE LLC COMPANY CONFIDENTIAL