Imex Systems Inc.

Corporate Overview

1

Profile – Imex Systems Inc.

100% focused on Public Sector

Proven Track Recordwith Strong Reputation

Unique Productsand Technology

Recognized for Innovation

Smart Customer Service

Focus Areas

Smart Government

Smart Cities

Smart Payments

Digital Transformation

• Unique Integrated Technology Platform – Ability to manage all Government and City Services end to end through multiple channels

• Cutting edge innovation with modern technologies

• Flexible Delivery Options – On-Premise, Cloud

• Recurring revenue from maintenance fees and transaction fees

• Flexible Purchase Options – License, Subscription and transactions

• Most flexible and versatile payment engine

• First Mover Advantage

Competitive Advantage

Cutting Edge Innovation

• Integration of cognitive computing platform into iGov

• Humanoid Robot and 3D Animated Virtual Agents with natural language based dialogues to provide 24 x 7 customer service

Press Coverage & Recognition

FOX Business &Bloomberg TV

Dubai Certificate of Innovation

Developing Opportunity

• Digital Transformation of Governments and integrated multi-channel service delivery is the emerging trend

• Imex focus areas Digital Government Platforms, multi-channel citizen engagement, Citizen ID are top 10 strategic Government technologies as per Gartner

• Public sector is becoming more favourable to cloud based services delivery model and User fee models

Governments

Market Opportunity

• Citizens are demanding better service through modern technology

• Governments are looking to upgrade to modern digital technology and achieve Digital Transformation (Gov 3.0)

• The concept of Smart Government root to provide services in an integratedfashion with better efficiencies

• IDC says that US State and Local eGovernment market of $6.4 B in 2015, will grow rapidly

North America

Market Opportunity

International• Emerging countries want to implement

eGovernment– Have ambitious citizen service improvement plans

– Want to make effective use of modern technology• They have no legacy systems impeding the change

– Making use of lessons learned indeveloped countries

• Under pressure to improve transparencyand efficiency from international agencieslike IMF, World Bank etc.

• The Public Sector market size is expected be $476.1 Billion by 2020 (Gartner Report)

Market Opportunity

Smart Cities• Smart City movement has gained momentum worldwide –

Some countries like India have ambitious plans

• Smart Governance/City Services and ePayments are an important aspect of smart cities

• The expected global market size forsmart cities is $1.6 Trillion(cumulative) by 2020, out of whichsmart governance software andservices is expected to be about12% - $192 Billion (Frost & Sullivan)

Market Opportunity

Mobile Government• Mobile is fast becoming the

channel of choice for accessing government services

• Imex miGov is well positioned to provide Mobile Government

Market Opportunity

Payments• Electronic payments in Governments is gaining traction,

fuelled by citizen demands for convenience in Western countries

• Improving digital and financial inclusion inclusion are the drivers for electronic payments in emerging countries. Worldwide Pre-paid cards market size expected to be $177B for government benefitsand $191B for Payroll

• Imex payments platform is being extended tohandle outgoing payments – Social Benefits,Unemployment Insurance, Welfare,Scholarships etc. through pre-paid credit cards

• Combining the payment cards with eID cardscreates a large transaction volume

• Imex partnership with MasterCard isan important driver

Revenue Model

• On premise licensing and implementation services– International governments

• Cloud services in North America, Australia, UK – User Pay model to greatly improve

affordability

– Transaction based revenue model

• Subscription and Transaction based revenue for cloud services

Financial Projection

FY 2014• Sales

$7.7 millionon

FY 2015• Sales

$12 million• Net Income

$5 million

FY 2013• Sales

$4.4 million• Net Income

$285,000

FY 2016• Sales

$19 million• Net Income

$11 million

FY 2016

FY 2014

FY 2015

FY 2017

• Sales$8.0 m

• Net Income$1.0 m

• Sales$7.7 m

• Net Income$1.4m

• Sales$9.0 m

• Net Income$1.5 m

• Sales$15 m

• Net Income$4.0m

There can be no assurance that estimated results will be achieved.

• miGov –Mobile Government Framework

Imex Products

• iCity – Smart City Platform

• iGov – Digital GovernmentPlatform for all levels of Government

iGov Platform

•Provides all the pre-built components for building an effective eGovernment

•Supports payment processing through multiple channels

• Most comprehensive Digital Government platformin the market today!

Platform Overview

Value to Governments

• iGov helps Governments to:– Deliver Services to Citizens through multiple channels with

24 x 7 convenience

• Online, Mobile, In-Person, Contact center, Kiosks

• iGov Enables– Economic Development– Building Smart Cities

BeTransparent

BeSmart

BeGreen

Reduce Costs

OperateEfficiently

Smart City Features

• Smart Government• Smart Customer Service• Smart Operations• Smart Payments• Smart Infrastructure• Smart Analytics

Clients – International

Soon..

Kingdom of Saudi Arabia

Clients – Provincial Governments

• Culture• Finance• Tourism• Agriculture• Environment• Transportation• Government Services• Economic Development

Clients – Government of Ontario

• Attorney General (Justice)• Health and Long Term Care• Municipal Affairs & Housing• Consumer & Business Services• Northern Development

& Mines• Community & Social Services• Children & Youth Services

Ministries

Clients – Government of Ontario

HealthCare

Agencies

Clients – Government of Ontario

Clients – Municipal Governments

Valuable Partnerships

Pipeline – Africa & Caribbean

• Botswana: Final stages of negotiations for a $13 M products and services

• India: $40M over 2 years. To be closed by early 2017

• Pakistan: $12 M. To be closed – First Quarter 2017

• Ghana, Nigeria, Kenya, Mozambique, Namibia, Zambia:$80 M over 4 years

• Jamaica: $2 M in 2017

Pipeline – Middle East

• 2 Projects starting in Dubai soon (Total pipeline of $12 M over 3 years)

• Qatar: Doha Smart City for $6 M

• Saudi Arabia $10M over 2 years

• Smart Abu Dhabi ($20 M over 3 years)

• Smart City in Tunisia ($100 M over 10 years)

• Kuwait and others ($20M over 4 years)

Pipeline –eID and Benefits Payments

• Canada – 330,000 pre-paid cards• Botswana – Over 1 Million eID and Benefits

Payment cards• Nigeria – Tens of Millions of eID and Payment cards• 4 other African countries in the pipeline

Market Acceleration Plan

• Acquire firms with existingmunicipal customer base inmanaged processing andtransaction based services toUS states and Canadian provinces

• Relationships with Banks,and Telcos

North America

Market Acceleration Plan

International• Relationships with international agencies for

emerging countries – World Bank, ABD, USAID etc.

• Offer on-premise and cloud servicesin UK, Australia, NZ etc.

Advantages

• First mover advantage for an integrated Digital Government and payment product

• Proven concept –both in technology andrevenue model

Our Vision

• Provide the ability to use the same platform with access services from all levels of government

• Leadership in Smart City technologies

• The prominent Government Services and Payment Delivery platform provider worldwide

Current Status

• Went Public in June 2016 in Toronto (IMX)• 20M shares at $1 share

• Listed in Frankfurt (AIG)• To be Listed in New York in 2017

Damodar Arakapota - Founder & CEO Michael Frank - COO

Management

Past: CEO Sprylogics International

Strong capital markets experience,technology exits to Intuit, etc.

Senior Management at:Ernst Young, NCR, BrandEra,Hutchison Avenue Software

Past: Atomic Energy of Canada

Developed cutting edge technologieswith highly reliable software.

At Imex, Damodar led the developmentof iGov, iCity and several unique,innovative and integrated systems.