EFTA01378217.pdf

SRLP102 Alpha Group Capital Tekelec: Business Segment Overview at Entry IS in ntillions, TYE °wonkier) 00 Legacy Business / "Bond" mg Next-Gen. Business / "Call Option" G SS BNS Su-2 lent Global Signaling Solutions Broadband Network Solutions (I egaey Business) (Next-Con Business) SS7 MM DSR PCRF SDM Sub-Segment Digital Signaling Subscriber Data Signaling System N7 Mobile Messaging Policy Router Management The "brain- of. the Signaling traffic protocol 4G network, underpinning 2G and 3G Rules-based engine Enables operators to Enables service providers to managing high- wireless and wireline networks for mobile and aggregate databases address challenges resulting from volume data wireline operators to and build subscriber #1 provider with —50% network growth (e.g., incr. voice signaling traffic to improve subscriber profiles worldwide market share and and data traffic, seam) guarantee quality of service to monetization with Software enables Description —80% market share in North Dpim framework allows operators subscribers offerings such as: BNS' other offerings America to horizontally integrate mobile customer pricing to reduce the time High-margin/cash flow messaging services, reducing Provides the sane plans, customer and cyst of muting business with large recurring camas and simplifying signaling traffic tiering. traffic signals and running maintenance stream from large operations/maintenance routing and load management policy rules installed base balancing as $57 but in 1G networks Products: $216 mm 2011E Revenue/ Maintenance: $64 mm $14 mm S16 ram $31 mm S7 mm Gross Margin 47% GM 59% GM 41% GM 41% GM 65% GM ( SS7 division) Underwriting Case 2011E Rev. 2016E Rev. CAGR an Legacy Business / "Bond" $294 (I) $123 (16.0)% Next-Gen. Business / "Call Option" $54 $416 50.4% PerfedeoPerforenanoe Intelligence Center (P10,• (k division. which w., nun-owe and reported resent... of aer man • SIMS Notrt Please see "Cane Studies- for important considerations Maine, to this unulai writing cave. 2%rsounts slew, reprewnl ernennted revenue forecast pnor to doting the acquisition and have not teen updated since aNumillon. Cessiunee PC Actual muslinmay differ. 54 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075378 CONFIDENTIAL SONY GM_00221562 EFTA01378217