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1 S E C U R I T Y W E A V E R Introduction to Security Weaver, Inc. For
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2 S E C U R I T Y W E A V E R Security Weaver the Company o Overview o Milestones o Management Team o Offshore Reach Market landscape o Market Drivers o Market Forecast o Competitive Landscape o Security Weaver vs. Competition Security Weaver Solutions o Solutions Overview o Software Demo o Current Customers o Customer Success Future Solutions Conclusion Q & A Agenda
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3 S E C U R I T Y W E A V E R Security Weaver Overview “Security Weaver is a best-of-breed compliance application suite that integrates with any SAP environment to help organizations quickly and easily control compliance risk without consulting expense.” Proven Solutions: Our software is solving real-world compliance problems across a variety of industries SAP Certified Integration SAP NetWeaver Certified Focused Strategy: 100% focused on SAP Security & Compliance Experienced Team: Self funded privately held company – Partners have over 40 years of collective SAP experience Rapidly Expanding Market: GRC Market growth is estimated at 24% annually through 2010 (1) We currently have customers in 8 of SAP’s 21 Industry Segments (1) Source: Gartner
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4 S E C U R I T Y W E A V E R Security Weaver Milestones Founded as Security Weaver, LLC Founded in Q3 2004 Q3 Q4 2005 Q2 2006 Q3 Q4 2007 Q2 Q3 2008 Q3 Q4 GA release of Emergency Repair in Q3 06 SW earns NetWeaver Certification In Q4 of 06 SW earns Certified Integration in Q3 Ver. 2005 GA release in Q4 Ver. 2008 GA release in Q1 First Customers Signed GA release of Secure Provisioning Announced at Sapphire Ver. 2009 GA planned release in Q1 Planned Future Growth to be entirely self- funded Planned Venture Funding as Required Planned Release of Security Weaver GRC Planned release of Secure Auditing in Q3
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5 S E C U R I T Y W E A V E R Security Weaver Management Team NamePosition / ResponsibilitiesBackground Sumit Sangha Co-Founder Chairman & Chief Architect Product Strategy & Design Implementations Customer Support 11 Years SAP Security Consulting 4 Years Management Experience 4 Years of Management Consulting 3 Years of SAP Infrastructure Consulting Virsa Design & Implementation Sandeep Gupta Co-Founder CIO & CTO Software Development Testing / QA and Documentation Information Technology Offshore Operations 5 years of Management Experience 10 years of SAP Management consulting 5 Years Technical Sales with IBM Masters in Mathematics, India Masters in Computer Sciences, India Neil McConnell Co-Founder COO Sales Marketing HR Legal 10 Years SAP Management Consulting Security Weaver Sales Organic Sales Team B.S. Finance, Arizona State Terry Hirsch CEO Finance Business Planning Strategic Partnerships 14 years financial application software development 10 years managing complex SAP environments. Vice President SAP Solutions Center MBA, California State University.
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6 S E C U R I T Y W E A V E R Offshore Reach In addition to marketing our products to SAP customers world-wide, Security Weaver is developing our internal offshore capabilities early to keep costs low and provide 24x7x365 capabilities Customers: The University of Leuven in Belgium is our first international customer, signed in April of 2007. After an extensive evaluation process, The University of Leuven selected Security Weaver over SAP’s own GRC solutions. Other international prospects include Zurich, Canada Post and Weatherford Canada. Development Team: Utilizing offshore based development resources in India is providing Security Weaver with low-cost skilled resources to assist with our product development and support requirements. Finance and Accounting: Security Weaver’s offshore capabilities include the use of CPA’s in India to assist with financial accounting and reporting. Inside Sales Support: Our sales strategy includes the use of Callbox, Inc. based in the Philippines for insides sales support. The Callbox sales team is focused on turning leads into webinar attendees. Once a lead has attended a webinar, our internal sales team takes over to move the prospects through our sales pipeline. http://www.callboxinc.com
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7 S E C U R I T Y W E A V E R Security Weaver Market Landscape
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8 S E C U R I T Y W E A V E R Security Weaver Market Drivers Many organizations (including public, private and government) are implementing governance, risk and compliance (GRC) programs to prevent fraud and provide a framework for controlling risk. There is no “Silver Bullet” for Compliance: o Programs that span the entire organization are costly, complex and cumbersome to administrate. o Many organizations are realizing the need to target “high- risk” business processes and applications o Quickly mitigate key risk areas o Solve specific compliance exceptions o Limit the potential for fraud
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9 S E C U R I T Y W E A V E R Market Forecast Gartner: “Organizations are expanding investments in software to support corporate governance, risk management and compliance. Total software revenue for this emerging market is forecast to grow approximately 24% annually through 2010”. The GRC market is emerging and poised to move into the high- growth phase. (1)
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10 S E C U R I T Y W E A V E R GRC Competitive Landscape Competitive Advantage: SAP focused strategy Quick implementation capabilities Best of breed solutions Our 100% focus on SAP compliance is unique in the industry. We are not aware of any other GRC company with a laser focus on SAP compliance, not even SAP can make this claim! The market is beginning to recognize Security Weaver as a “best of breed” compliance solution for SAP.
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11 S E C U R I T Y W E A V E R Security Weaver vs. Competition Feature / Attribute Approva BizRights CSI D2C Solutions SAP (Virsa) Security Weaver Production Installations54454 Product Stability / Maturity43353 Support33554 Support Separation of Duties roles/responsibilities identification and resolution 53355 Support ease of implementation requirements and integration to SAP 53345 Support monitoring (after the fact) and audit of compliance to Sarbanes-Oxley Section 404/302 53355 List of critical transactions such as change security systems, change user accesses, limitation to system & transaction access 54455 Rules and roles can be enforced and customized at high level 55555 Rule sets and high level rule definition55555 Workflow and approvals functionality50354 Cross platform conflicts identification40440 Extend rule sets to include non-system controls for SoD50355 Drill down to role definition and change configuration to eliminate SoD conflict 44455 Security software does not impact performance and integrity of ERP system ** 54425 Technical Support Rating53315 Established User Group20054 User Provisioning Tool00044 Additional Hardware RequiredYesNoYesNo Implementation Costs53215 End-User Training RequiredRequired Transaction Auditing Tool40000 Existing Customer References43454 Emergency Access Product Included00045 Ease of use42345 Security Weaver is quickly establishing a solid foot hold in the marketplace. Potential customers along with our competition are beginning to take note.
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12 S E C U R I T Y W E A V E R Security Weaver Solutions
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13 S E C U R I T Y W E A V E R SAP User Access Compliance Secure Auditing (Transaction monitoring and auditing) Emergency Repair (Emergency Access Management) Role Deriver (User Role Administration) Separations Enforcer (SOD Conflict Management) Secure Provisioning (Full Life Cycle User Access Administration ) SAP Focused Compliance Solutions IN DEVELOPMENT Planned Release Jan 2008 Our solutions are fully integrated with SAP and represent the most comprehensive suite of SAP compliance solutions on the market.
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14 S E C U R I T Y W E A V E R Security Weaver Solutions Software Demo:
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15 S E C U R I T Y W E A V E R Current Customers Security Weaver customers range from government entities to large publicly traded international corporations and non-profit institutions. Our customer base is providing strong references on our products. http://www.securityweaver.com/CaseStudies_Main.asp
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16 S E C U R I T Y W E A V E R Customer Success SunSweet Growers "Using templates based on best business practices has been very helpful for us since Security Weaver understands role-based processes and where conflicts may arise.“ SmithField Foods "We are now able to supply our auditors with accurate, detailed reports they need regarding segregation of duties with the push of a button.“ Louisville / Jefferson – Metropolitan Sewer District: "Security Weaver allows us to identify and document roles for specific job functions. By granting permission on a role- basis, rather than on an individual request basis, were able to much more efficiently manage access to SAP.“ Imperial Irrigation District "Now we have a tool in place that provides the auditors with the information they need and, more important, we were able to quickly and easily establish policies for accessing data." What our customers are saying:
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17 S E C U R I T Y W E A V E R Security Weaver Vision
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18 S E C U R I T Y W E A V E R Future Solutions Security Weaver’s focus through 2008 will be on enhancing our SAP compliance product offerings while developing our cross-application compliance solution for release in late 2008. Security Weaver GRC Secure Auditing (Cross Application Transaction monitoring and auditing) Secure Repository (Centrally managed GRC content) Secure Portal (Central access point for the entire Security Weaver Suite) Risk Manager (Organizational risk identification & analysis Security Weaver (Cross Application User Access Control) Our Best of Breed Solutions for SAP compliance will ultimately become best of breed enterprise-wide GRC solutions.
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19 S E C U R I T Y W E A V E R Conclusion The market for GRC software is expanding rapidly and Security Weaver is well positioned to emerge as a leading provider of GRC solutions. Our strengths include the following: Experienced management team: - Our ability to execute is evident in a review of our achievements to date. Additionally, we have over 40 years of collective SAP experience Best of Breed Solutions: - Our solutions represent the most comprehensive SAP compliance products on the market today. Focused Strategy: - Our SAP focused strategy is unique in the industry. While the rest of the industry is focused on solving organization wide GRC issues, Security Weaver continues to focus on building the best SAP compliance products on the market Quick Implementation Capabilities: - Our software can be operational within hours of our consultants arriving on site to work with a client. Diverse and Reference able Customer Base: - Our customers are providing excellent references and our products have replaced our competitors products in organizations who have realized that we offer the most comprehensive suite of SAP compliance products on the market Offshore Reach: - We have moved quickly into developing our offshore capabilities in order to keep costs low and leverage additional expertise.
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20 S E C U R I T Y W E A V E R Q & A
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