EFTA01374938.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 1 e IV t Global Signaling Solutions Broadband Network Solutions (I egaey Busnie,$) (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-ba*d engine Enables operators to Enables service providers to managing high- wireless and wireline networks for mobile and aggregate databases address chalkmges 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% reclodes Palmerton. Intelligence Center (P10,• (k division. which we, newore and reported ...senor of aor nen • SIMS Notrt Please see "CawSnide,- for important considerations Maine, to this undenvoling cave. .Veciunts ewer represent ernennted revenue forecast pnor to rioting the acquisition and have not teen updatol since aNupution. Cesianwie lid Actual result.may differ. 54 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069897 CONFIDENTIAL SDNY_GM_00216081 EFTA01374938