Attached files
| file | filename |
|---|---|
| EX-2.1 - ASSET PURCHASE AGREEMENT - ISC8 INC. /DE | d406473dex21.htm |
| EX-99.2 - PRESS RELEASE OF THE COMPANY DATED SEPTEMBER 5, 2012 - ISC8 INC. /DE | d406473dex992.htm |
| EX-99.1 - PRESS RELEASE - ISC8 INC. /DE | d406473dex991.htm |
| 8-K - FORM 8-K - ISC8 INC. /DE | d406473d8k.htm |
| EX-10.1 - FORM OF FORBEARANCE, LIMITED WAIVER AND CONSENT UNDER LOAN AND SECURITY - ISC8 INC. /DE | d406473dex101.htm |
 1
Bivio Asset Purchase
ISC8 Inc. Proprietary Information
©2012 ISC8, Inc. All Rights Reserved
9/5/2012
1
Exhibit 99.3
Bill Joll
Bill Joll
President & CEO
President & CEO
August 2012
August 2012
OTCBB: ISCI
OTCBB: ISCI |
 2
2
Summary of Deal Benefits
•
Adds to ISC8’s cyber security technology
•
Accelerates cyber security business time-to-market
•
Extends ISC8 into the mobile security market
•
Significant business synergy
•
Gains international presence
•
EBITDA positive within 12 months
•
Accretive on EV/S basis |
 3
Deal Terms
$10.5m Total
•
$3.5m Initial Payout
–
Cash -
$500k
–
Equity -
up to 30 million shares of ISC8 common stock
•
$7m Earn-out
–
Combination of cash and equity for meeting certain revenue
targets within 24 months
–
Cash component is a maximum of $2.5m and is earned non-
linearly, i.e, cash payments increase as revenue approaches
the top of the target range
–
Remainder of payment in ISC8 common stock
3 |
 4
Detailed Review of Deal Benefits
•
Proven technology that accelerates ISC8’s development schedule
–
Scalable Big Data Security Database advances ISC8’s network security roadmap
–
Provides ISC8 with traction in the mobile security market
–
Backed by 9 enterprise and service provide customers in UK, Middle East, and Asia
Pacific •
Financially significant -
increases high margin revenue visibility
–
Enhances company gross margin (adds 70% GM sales)
–
Accelerates
high
value
Cyber
Security
revenue
–
approx.
$6+mm
trailing
24months
–
Expects to generate positive EBITDA in 2013
–
Large Sales pipeline of 50+ accounts globally
•
Operational leverage with a worldwide infrastructure
–
Worldwide sales and support presence (UK, Asia, Italy, Middle East, US)
–
Adds over 19 hard to find cyber engineers, sales and support
•
Accretive on an EBITDA and EV/Sales basis
4 |
 5
Government Agencies
Service Providers
Integration Partners
Enterprises
Worldwide Target Customer & Partner Landscape
5 |
 6
6
Overview of Acquired Solutions |
 7
7
ISC8 Is Acquiring Two Product Lines
•
NetFalcon
–
Big Data capture and analytics solution for network traffic
–
Provides real time cyber forensics
–
Can be deployed in scale
–
99.9% reduction in data storage capacity vs. storing
recorded traffic
–
Complete visibility into application and user level information
•
NCCS (Network Content Control System)
–
A solution for mobile security and traffic enforcement
•
Further expands the ISC8 security product offering and
addressable markets
–
Enables carriers to deliver content control services such as
Parental Control and “Safe Internet” |
 8
NetFalcon Provides Real-time Analytics and
Forensics Using Mass Metadata Extraction
Protocol
Twitter
Application
Twitter
UserID
UserID
UserID
Password
Password
Passwor
Followin
Members
Member
Application
Application
Posts
…
…
…
…
…
…
…
Attributes
Friends
HTTP
Facebook
Protocol
Protocol
MSN
Messenger
Alice_bad
hav0c
crime
Bob, Charlie
Chat size
2345 bytes
100s of protocols with 1000s of metadata attributes for network activity
enable real-time analytics
8
Chatroom |
 9
9
NetFalcon Has An Extensive Range of
Cyber Security Applications
•
Incident response
•
Insider/outsider threat detection and analysis
•
Event attribution
•
Legal Intercept (LEA) /Government intelligence
NetFalcon provides security teams with unmatched
visibility into network activity over very large time and
network scales |
 10
10
Integration With ISC8 Technologies |
 •
Advanced Persistent Threats (APTs, a.k.a. Targeted Cyber Attacks) are a
cyber warfare weapon designed to exfiltrate or modify valuable data
within a “secure”
network
•
Professionally built by well-funded malicious entities to get around
current information security defenses
•
Targeted, highly successful, and long term
•
Governments, militaries, and corporations are at risk
•
Attack lifecycle to meet these goals:
The Problem: APTs
11
Intrusion
Establish
Presence &
Backdoor
Obtain User
Credentials
Persistence
Exploration
Pivoting
Data
Extraction
Maintain
Persistence
–
Stays operational over long periods of time
–
Designed to remain undetectable |
 12
12
ISC8 Identifies APTs by Analyzing Months of Data
Threat Complexity
Network history required for
detection/ protection
APTs
Viruses
Months
Instant
Data Source
DDoS
Botnets
APT Solutions
IPS
IDS
Firewall/ UTM |
 13
13
Scale (throughput speeds +
historical log)
Big
Small
Machine Activity
Network Activity
Data Source
Big Machine
Data Tools
Weeks / Months @ 100Gbs
= Big Network Data
Packet capture limited to 10GBs
traffic over hours / days
SIEM
NetFalcon allows for Instantaneous analysis
of Big Network Data |
 14
14
NetFalcon + ISC8 APT: a Unique Solution for APT
Detection
Threat Complexity
Network history required
for detection/ protection
APTs
Viruses
Months
Big
Small
Synthetic Data Handling
Cyber Security
Data Source
DDoS
Botnets
SIEM
Machine Activity
Network Activity
Big Machine
Data Tools
Weeks / Months @ 100Gbs
= Big Network Data
Packet capture limited to 10GBs
traffic over hours / days
IPS
IDS
Firewall/ UTM
APT Solutions
Scale (throughput
speeds + historical log)
Instant |
 15
15
Summary of Deal Benefits
•
Adds to ISC8’s cyber security technology
•
Accelerates cyber security business time-to-market
•
Extends ISC8 into the mobile security market
•
Significant business synergy
•
Gains international presence
•
EBITDA positive within 12 months
•
Accretive on EV/S basis |
 16
Thank You
Bill Joll
Bill Joll
President & CEO
President & CEO
August 2012
August 2012
OTCBB: ISCI
OTCBB: ISCI |