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Introduction to Aricent

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  1. Introduction to Aricent

  2. Our Founding Moment • Solution: • Build a research andsoftware development armfor Hughes Electronics • Innovator’schallenge: • Solve the latency issuefor talking to satellites

  3. 20+ Years of Innovation Fueled market for telephone signaling and Voice over IP Added wireless, wireline, testing and multimedia capabilities Created software for world’s six largest satellite networks Deployed world’s first frame relay network Launched new software to manage telecom networks 1996 2003 1991 1992 1999 Launched LTE software portfolio to advance 4G Launched first frameworks for software-defined networking Created world’s first in-flight WiFi service Unveiled new software forself-optimized networks Created world’s first WiMax and “small cell” base stations 2010 2012 2008 2014 2007

  4. “It is only the future in whichI am really vitally interested.” Howard Hughes, Inventor & Businessman

  5. Engineering Excellence. Sourced. Aricent is the world’s #1 pure-play product engineering servicesand software firm. We have 20+ years experience co-creating ambitious productswith the leading networking, telecom, software, semiconductor, Internet and industrial companies. Our 10,000+ engineers focus exclusively on software-powered innovation for the connected world. We invest continuously in our own R&D, with 1,200+ engineerscreating enabling software that accelerates client innovation.

  6. Crossroads of Industry Trends Global R&D Expansion Companies invest $1.6 trillion in R&D globally, including $560 billion by Global 500 companies. More than $50 billion of R&D will be sourced in 2014. “Software Is Eating the World” Software was a $407 billion industry in 2013 and has become the innovation engine across industries. Software fuels 42% of all venture capital funding. Internet of Things Mobile, social, cloud and analytics are driving digital business. Experts predict50 billion networked devices by 2020. Six billion devices will connect in 2014.

  7. One Focus, Four Segments, Multiple Industries AUTOMOTIVE INDUSTRIALAUTOMATION NETWORKING& TELECOM ENTERPRISESOFTWARE CONSUMERELECTRONICS HOMEAUTOMATION ENERGY &UTILITIES CONSUMERSOFTWARE Software-Powered Innovation CommunicationsEquipment Providers Semiconductors&Embedded Systems CommunicationsService Providers Software &Internet Services

  8. Proven Capabilities. Sourced. R&D PLANNING MULTIMEDIA PRODUCT SUPPORT DEVICES PRODUCT STRATEGY APPLICATIONS MANAGEMENT SECURITY MOBILE & SOCIAL ANALYTICS CLOUD & DATA CENTER END-TO-END TESTING SOFTWARE DEVELOPMENT M2M / loT NEW NETWORKS WIRELESS SOFTWARE MAINTENANCE WIRELINE

  9. Collaborative Approach. Sourced. Deep Client Partnerships Aricent’s top 20 clients average 8+ years, and our top 10 clients average12+ years. More than 50% are “extremely likely” to recommend Aricent.Average client satisfaction rating is 4.42 (out of 5). Proven Engineering Discipline Our rigorous processes save time, ensure quality and keep projects on budget. We have achieved 18+ years of increasing quality certifications by ISO, CMMi and TL9000 – fueled by strong quality, testing and compliance systems. Flexible Engagement Models We can work with clients many different ways: services, licensing, in-sourcing, outcomes-based, risk/reward, revenue share, etc. We have five football fields of lab space globally with advanced equipment to innovate and test software.

  10. C.P.Murali • President & Chief Operating Officer • 30+ years engineering leadership experience at Aricent, C-DOT Visionary Leadership. Sourced. • Frank Kern • Chief Executive Officer • 35 years leading growth at IBM,SVP Global Business Services • Eric Buhrfeind • Chief People Officer • 20+ years human resources leadershipexperience at Accenture • Amit Shashank • General Counsel and Secretary • 20+ years legal experience with EXL Service (NYSE), Shearman & Sterling • Ilya Cantor • Chief Financial Officer • 20+ years global experience, CFO at EPAM (NYSE)andWall Street Journal • CamieShelmire • ChiefClient Officer • 20+ years client management with KPMG, BearingPoint, Markit • René Link • Chief Marketing Officer • 25+ years marketing and strategy at Juniper, VeriSign, inCode, Verizon • Hari Haran • Chief Sales Officer • 25+ years sales leadership at AT&T, Lucent, Persistent, Openwave • Andy Zimmerman • President, design • 30+ years innovation leadershipwith Accenture, Idealab, PwC • Payal Koul Mirakhur • Chief Strategy Officer • 20+ years service experience withAricent, GE Capital, Alcatel-Lucent

  11. Global Reach. Sourced.

  12. R&D Acceleration. Sourced. Speed. We are your “accelerator” to get products and services to market faster– and to support the speed at which your business operates – with smart plans, efficient project management and agile delivery. Quality. Our expert teams have the right skills and training to deliver high quality customized products and services that meet today’s user demands. Cost. We drive R&D productivity via expert talent sourcing, enabling software and dedication to bottom-line delivery. 12

  13. We deliver breakthroughs.With our global talent pool, rich innovation history and internal R&D commitment, we can help tackle your most ambitious development challenges. We make business sense.You need faster R&D that scales to meet market demand. We extend your team as a co-creation partner to save time, improve quality and cut costs. We do one thing – very well.Unlike others, we’re a pure-play product engineering services and software firm.Our talent is 100% focused on software-powered innovation. Why Aricent?

  14. Thank you. Headquarters 303 Twin Dolphin Drive6th FloorRedwood City, CA 94065USA Tel: +1 650 632 4310 Fax: +1 650 551 9901 www.aricent.com

  15. Board of Directors + Strategic Advisors • Jamie Greene, Jr.Chairman of the Board, Aricent; Advisory Partner, KKR • 30+ years private equity and M&A experience; board member for Capital Safety Group, Capsugel, SunGard, TASC, Tenovis, Zhone Technologies • Brittany Bagley • Board Member, Aricent;Principal, KKR • Principal in KKR technology practice; M&A experience with Goldman Sachs; involved with Avago, NXP, Sonos, Dollar General and TASC investments • Kevin JohnsonStrategic Advisor, Aricent • Former CEO of Juniper Networks; 30+ years leadership at IBM, Microsoft and Juniper; board member for Starbucks, Auction.com; presidential advisory committee on telecom and security • Joe ForehandBoard Member, Aricent;Senior Advisor, KKR • Former Accenture chairman and CEO; led company’s independence, IPO and strategic shift to business consulting, technology leadership, outsourcing • Nate TaylorBoard Member, Aricent • Member, KKR • Board member since 2006; investment experience with KKR and Bain Capital; board member for Academy, National Vision, Toys “R” US and U.S. Foods