![Page 1: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/1.jpg)
Carclo plc Analyst & Shareholder Presentation22nd and 23rd June 2009
![Page 2: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/2.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Agenda
• Company Background, Progress and Evolved Business Model
• Contract Manufacturing strategy and Progress• Fine Line Technology• Point Of Care Diagnostics Device and Write
Once Display• Commercial Update• Facilities Tour• Lunch & Q&A
![Page 3: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/3.jpg)
Company Background, Progress and Evolved Business Model
Chris Malley - CEO
![Page 4: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/4.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Key Technical Milestones
2003 – First Inkjet printing of Basic Catalyst2004 – R2R system begins testing2005 – Technical team recruited in Cambridge2005 – Initial development of “Display Technology”
begins2008 – Metaljet 6000 equipment installed2008 – First Flexographic adaptation begins2009 – Industrial scale-up of “Fine Line Technology”2009 – First Commercial Products shipped using
Metaljet 6000
![Page 5: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/5.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Basic Additive Process
Apply Catalytic Ink
UV Cure to Adherent Layer
Immerse in solution of Metal Ions
+ + +
++
++
++
++
+
+ +
Metal film is grown by Autocatalytic deposition
![Page 6: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/6.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Core Additive Circuit Product
Flexible Circuits– RFID (UHF and Microwave) and Other Antenna
Applications (Wireless LAN, Mobile Phone, Bluetooth)– Base circuits for surface mount components
Key Characteristics– Single sided circuits– Compatible with PET and PC Films– Higher resistance than conventional copper etched
circuits– Lower resistance than other printed technologies e.g.
Silver inks– Uniquely Flexible due to digital proposition
![Page 7: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/7.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Metaljet 6000 System
![Page 8: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/8.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
MetalJet 6000i Printer
• Worlds first Inkjet line with sufficient accuracy to print electronic circuits
• Now incorporates state of the art Xaar technology integrated by CIT
• Optimised for PET and PC materials • Print speeds of up to 24m/min• Capacity of 3 million sqm of material.
![Page 9: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/9.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
MetalJet 6000p Plating Line
• Ultra small machine footprint due to patented “fluidised bearing system”.
• Revolutionary design incorporates on board chemistry storage and monitoring
• Configured to plate copper up to a max. thickness of <1 µm – equivalent to a sheet resistance down to 20mΩ/sq
• Speed determined by metal thickness. Average speed approx. 3-5 m/min (30-50 mΩ/sq)
• Effective capacity 0.5-1.0 million sqm
![Page 10: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/10.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Plating Line Concept• Fluid flow generates a hydrodynamic bearing• Web is threaded through the tank over these
bearings• Web is well controlled and receives even fluid
contact• No moving parts – only moving fluid
![Page 11: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/11.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Metaljet 6000 System Advantages
• Provides truly digital production process– Production of 1 unit or 1m units has no impact on
operation– Facilitates constant design changes and optimisation– Perfect tool for new product designers
• Additive nature of technology avoids wasted metal
• Optimised for use with cheap base substrates• Significantly reduced process steps proving
– Lower process costs– Reduced environmental footprint
![Page 12: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/12.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Conventional Printing - Flexo
• Provides alternative to Inkjet• Utilises installed print capacity• Same 2 stage process, metallisation requires
Metaljet 6000p• Potential to provide 2 side capabilities – through hole
connection under development (allows more complex circuits to be printed)
• Can be combined with decorative printing for consumer products
Now beyond concept phase and currently working on specific customer projects.
![Page 13: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/13.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Core Technology Business Model• Metaljet 6000 system installed in Cambridge
offering reel to reel circuits in any volume for demonstration, prototyping and contract manufacture.
• Complete manufacturing solutions via the supply of our Metaljet 6000 system or through the supply of tailored systems to suits customer requirements.
• The supply of our patented inks to inkjet and flexo systems for customer manufacturing
• Complimentary prototyping equipment including the Metaljet 2000 and Metaljet 600 systems.
![Page 14: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/14.jpg)
Contract Manufacturing strategy and Progress
Chris Malley - CEO
![Page 15: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/15.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Why Contract Manufacture ?
• A credible system sale only possible after thorough debug
• Allows genuine process optimisation• CIT process is a facilitator for new product
design– Customer access to equipment allows product
designers to create circuits using CIT design rules– Small to mid Volume products offer highest return
• Target RFID market still small and requires supply chain
• Provide a near term revenue stream
![Page 16: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/16.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Current Status
• Lines fully operational• Currently manned by R&D staff – convert to
production environment 3-6 months• Testing and Approvals taken place
– RFID manufacturers– Global Antenna Manufacturer– Infratab– Volume medical device customer– Range of end customers for specialist circuits
• Initial orders now being placed
![Page 17: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/17.jpg)
Fine Line Technology
Dr Phil Bentley - CTO
![Page 18: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/18.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Absolute Sizes•18pl Inkjet
Drop•6pl Inkjet Drop
•32 microns
•41 microns •80 microns
•10 microns
•3 microns
•Human Hair cross-section
![Page 19: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/19.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
CIT Photo-lithographic Process
•Transparent PET
•Photo-active Layer
•Photomask
![Page 20: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/20.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
UV exposure
![Page 21: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/21.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
UV Induced Cross-linking•Exposed areas are
selectively insolubilised
![Page 22: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/22.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Development
•Exposed catalyst remains
•Solvent dissolves unexposed catalyst
![Page 23: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/23.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Manufacture of CIT Photo-lith Film
• Transparent substrate• Application of photo-
sensitive layer– Formulated to be solid– High contrast– Susceptible to scratches
• Optional peel-off layer•Display-
Grade
•Polyester
•Photoactive Layer
•Peel-Off
![Page 24: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/24.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Process Flow
•Production of film Product
•Exposure
•Development+
Metallisation
![Page 25: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/25.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Applications
Dramatic Cost and Performance benefits to Capacitive Touch Screens
High Precision Electrodes in Medical Products
Anti-tamper Circuitry for High Security Applications
![Page 26: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/26.jpg)
Point Of Care Diagnostics Device and Write Once Display
Dr Steve Thomas – Applications Engineering Director
![Page 27: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/27.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Diagnostic Device Project
• Carclo + BBI – Platform Diagnostics• Exploit existing agglutination reaction test in a
lab-on-chip type geometry• Initial exploitation based on existing test
reagents for D-Dimer antigen– Essential diagnostic test for Deep Vein Thrombosis
(DVT)– Elevated levels indicative of risk of stroke or cardiac
trauma
![Page 28: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/28.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Agglutination Reactions
• Reagent causes blood cells to bond together via selected antigen
• Results in agglutination of sample
Sample erythrocyte
anti-erythrocyte + anti-D-dimer conjugate(Test Reagent)
Sample erythrocyte D-dimer Antigen
Cell surfaceglycophorin
Sample erythrocyte
anti-erythrocyte + anti-D-dimer conjugate(Test Reagent)
Sample erythrocyte D-dimer Antigen
Cell surfaceglycophorin
![Page 29: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/29.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Principle of Capillary Test
• Liquid placed in a capillary channel will flow spontaneously due to capillary force
![Page 30: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/30.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Principle of Capillary Test
• Placing test reagent for the D-Dimer agglutination reaction in one channel will cause the blood in that channel to thicken if D-Dimer antigen is present
• Blood in that channel will flow more slowly than blood in the control channel
![Page 31: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/31.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Role of Carclo Technical Plastics
• Overall Project Management• Advanced knowledge of moulding to medical
standards• Expertise in assembly of complex moulded
parts
![Page 32: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/32.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Role of CIT
• Wide ranging scientific expertise– Chemistry, Physics, Materials, Electronics
• Tasked with development and implementation of novel new technologies to help realise a competitive functional point of care device
• Requirements including:– Measurement of flow timing– Processing of timing data to give result– Display of test result– Low-Cost Manufacture Route for Above!
![Page 33: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/33.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Point of Care Device
• Original concept:– Disposable moulded test chips– No active components– Test chip is placed into a test station to perform test– Original concept to detect flow of blood optically
• Point of Care Concept– Entirely disposable device– Can be used anywhere without the need for high
cost test station– Single use with permanent record
![Page 34: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/34.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
CIT Proposition
• Since blood is conductive, electrical contacts can be used to detect presence
• CIT technology could be used to produce contact circuit to laminate as sealant for moulded microfluidic device
• Same foil could be used for mounting microcontroller and associated components to provide timing and processing
• Digital nature of CIT process ideal for use in device development– Ultra Low-Cost Prototyping!
![Page 35: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/35.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Device Concept• Injection moulded Microfluidic chip• Space for display and area to mount
electronic components
![Page 36: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/36.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Device Concept
• CIT to produce reel-to-reel printed electrode arrays for sealing chip
• Ideally, CIT foil is also circuit board for mounting all components
• Possibly also forms part of display?
![Page 37: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/37.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Device Concept
• Whole assembly sits on top of CIT printed Foil
• Blood flow is detected by printed electrodes
• Timing and processing done on microcontroller
• Result displayed
![Page 38: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/38.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Requirements for Display
• Low power, low voltage• Clear and Readable• Highly desirable to have permanent record of result
– Display should retain record of test result– Ideally also detachable to be filed with patient records
![Page 39: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/39.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Write Once Display Concept
• CIT printed back electrode– Pattern of icons to be
displayed
• Front electrode: Complete coverage on transparent material
• Electrodes separated by electrolyte– E.g. salt water
• Apply voltage:– Material is ‘deplated’
from front electrode
V
![Page 40: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/40.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Current Status
• Working prototype displays produced• Initial patent filed• Peripheral patents in progress
– Improvements to original device concept
• Currently examining device structure and possible manufacture processes– Consulting with display industry experts
![Page 41: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/41.jpg)
Commercial Update
Chris Malley - CEO
![Page 42: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/42.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Business Development Metaljet 6000 Output
• RFID market growth slow – Significant commercial progress at several key RFID
inlay manufacturers
• High volume flex market– Competitive with existing flex circuit technologies but
advantages for smaller volumes and less dense circuits– Existing and developing number of customers
• Small-Medium flex– New products designed to optimised technology– Fewer barriers to entry– www.inkjetflex.com concept
![Page 43: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/43.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Business Development Fine Lines Touch Screens
• Touch Screen Market– Booming market– Future growth in capacitive screens due to multi-touch and
reliability– Demands include low power consumption, cost reduction,
flexible materials, improved reliability and fewer process steps
• Opportunity– Lower end 10’s million device / high end 100’s million device
• Route to Market– Initial Manufacture followed by a release of a Technical Films
Product
![Page 44: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/44.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Business Development Fine Lines Backplanes/ITO
• Technology still being developed– All displays still glass based– Normally require materials development for electrode
optimisation– CDT main technical partner
• Opportunity– New generation organic display, lighting and PV
• Route to Market– Technology development required– Requires match and optimisation from CDT/similar – Minimum 18 months further development– Applicability now to electronic ink applications
![Page 45: Carclo plc Analyst & Shareholder Presentation 22 nd and 23 rd June 2009](https://reader036.vdocument.in/reader036/viewer/2022062511/551bc57b550346c3588b4d26/html5/thumbnails/45.jpg)
Copyright Conductive Inkjet Technology 2009.No unauthorised use permitted
www.conductiveinkjet.com
Conclusion
Core product R&D complete Commercial revenues growing Very significant upside potential for Touch Screens Opportunity from growth in Smart Packaging and
Disposable electronics