1. Company Confidential Email: info@memscap.com Web: www.memscap.com MEMSCAP S.A. European Headquarters 50, allée des Dauphins ZAC du Pont Rivet 38 330 St Ismier - France Ph: +33 4 76 52 55 80 Fax: +33 4 76 52 55 81 MEMSCAP Inc. American Headquarters 4601 Six Forks Road Suite 500 Raleigh, NC 27609 - USA Ph: +1 919 510 8138 Fax: +1 919 571 8805 Jean Michel Karam President & CEO

2. Company Confidential MEMSCAP Design Tools, Design Methodology & Services MEMSCAP Design Tools, Design Methodology & Services Complete Microsystem MEMS device MEMSCAP IP Third Party IP Customer IP Foundry-Partners Reduced time-to-market for electronic systems Microsystem Design MEMSCAP Professional Services MEMSCAP Professional Services

3. Company Confidential  Bootstrap t Start as consulting/contract design house for Government/Industry t Profitable/break-even from day 1 by necessity t Identify product opportunities by understanding customers’ needs t Plow profits back into business to develop products t Preserve equity in company ä Slow, arduous process to grow company / Live from contract to contract ä Potential conflicts over ownership of IP ä May be teaching customers how to do it themselves ä Window of opportunity may disappear quickly  Moonshot u Identify huge opportunity & Attract large up-front equity investments u Hire top management / technical talent u Build company / infrastructure very quickly ä Unsuccessful blast-off usually leads to catastrophic explosion ä Not much room for error ä Highly expensive capital : trading off a large fraction of a small pie for a smaller fraction of a larger pie Pitfalls

4. Company Confidential  Key to avoiding catastrophe and to preserving equity in the company  Identify proper balance between bootstrap and moonshot  Seek the source with the right risk tolerance and time horizon for the stage of development of company and market  Manage expectations extremely carefully Time Horizon Risk Corporate VC Angel Government

5. Company Confidential MEMSCAP S.A. Incorporation Business Angel Round (J. Spoto) CEO on Board First VC Round (SPEF, Innovacom) First FY Result: Positive MEMSCAP Inc. 24.11.97 15.01.98 06.05.98 04.11.98 31.12.98 24.02.99 Headcount MEMSCAP GmbH Germany 01.12.99 Mentor Graphics Partnership 13.05.98 Ansys Partnership 05.04.99 Cadence Relationship 05.06.99 Tanner Agreement (Exclusive rights) 21.09.99 Support from : ANVAR, CEC, DARPA Second VC Round (ETF, 1st Round VC) 14.04.00 New Management Team 10.05.00 Tanner Agreement (MEMS Pro Acquisition) 20.12.99 MEMSCAP RF Design Center (Egypt) 01.05.00

6. Company Confidential Wireless Business Unit Wireless Business Unit Optical Com. Business Unit Optical Com. Business Unit CAD Tools & Foundries Business Unit CAD Tools & Foundries Business Unit Sales & Marketing Fabrication Facilities CAD Tools & Foundries Wireless & Optical Communications Professional Services

7. Company Confidential u Headquarters ä Europe : St Ismier - Grenoble, France ä USA : RTP - North Carolina u Additional Operation Center ä Europe : Berlin/Germany u Additional Sales Offices ä USA : California u Distributors ä Japan, Korea, Taiwan ä Israel, Germany, Norway ä India