Dario investors - october 15 cleveland adb, (DRIO:OTCBB)

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LabStyle Innovations Corp. (DRIO: OTCBB) End to End Smart Solutions for Diabetics in a Mobile Age Corporate Presentation - October 15 Dr. Oren Fuerst, Executive Chairman Dario 1 Thursday, October 17, 13

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Dr. Oren Fuerst's at the 2013 Cleveland Clinic's Medical Innovation Conference in Diabetes and Obesity. Presenting the Dario's vision of 'Artificial Diabetes Brain' (ADB) Software Driven Plethora of Interconnected devices and services. (DRIO:OTCBB), Oren Fuerst

Transcript of Dario investors - october 15 cleveland adb, (DRIO:OTCBB)

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LabStyle Innovations Corp. (DRIO: OTCBB)End to End Smart Solutions for Diabetics in a Mobile Age

Corporate Presentation - October 15Dr. Oren Fuerst, Executive Chairman

Dario

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Disclaimer Regarding Forward-Looking Statements This presentation of LabStyle Innovations Corp. (the “Company”) and statements of the Company’s management or agents related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act").  Words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions all denote forward-looking statements within the meaning of the Act.   Factors that could cause or contribute to such differences include the Company’s compliance with regulatory requirements, the Company’s status as a new public company, the impact of current and any future competition, as well as other factors and risks discussed in the Company's filings with the U.S. Securities and Exchange Commission.   Readers are cautioned that actual results may differ significantly from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. In addition, readers are cautioned that any estimates, forecasts or projections contained in this presentation or as may be discussed by Company management or its agents have been prepared by Company management in good faith on a basis believed to be reasonable. However, such estimates, forecasts and projections involve significant elements of subjective judgment and analysis and no representation can be made as to their attainability. No representation or warranty (express or implied) is made or is to be relied upon as a promise or representation as to the future performance of the Company. Readers are cautioned that such estimates, forecasts or projections have not been audited and have not been prepared in conformance with generally accepted accounting principles.

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Delaware Company Founded 2011, based on IP from 2010

Public Since March 2013 (Through S1)Share Price $2.55. Market Cap $50MShares Outstanding 19.28M (Float ~ 11.5M shares)Raised $16M, including $10M in May 2013

Developer of Dario, an end to end diabetes management system

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2013 2022

$12b

$27b(Up 170%)400m

diabetics

20-30%insulin dependent

80-120mPrimary initial target users

Global glucose self-monitoring market (primarily test strips)

Large and Growing Global Marketנגטיב� לוגו

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2011 2018

$37b

$72b

2011 2030

10% CAGR

370m

550m

Source: Transparency Market Research, "Global Diabetes Devices Market and Diabetes Drugs Market - Industry Scenario, Trends, Analysis, Size, Share and Forecast, 2011 - 2018,"

Global Diabetes (therapeutics devices and drugs) market

Number of Diabetics Worldwide

Diabetes: A Large and Growing Market נגטיב� לוגו

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Diabetes Complications

Insulin

Creating the ‘Artificial Diabetes Brain’, as a springboard of services and products leading to healthier and better life of diabetics worldwide.

DarioValue Proposition

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Strips

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Dario: “Artificial Diabetes Brain”, All-in-one mobile and cloud based diabetes management system with glucose measurement device, data capture and analytics, sharing and social features

-Concluded usability (>300 patients) and accuracy studies (>3000 tests)-Obtained CE Mark for Europe. UK, Belgium, Italy distribution agreements- Software launch on European Appstore Q4- 510(k) path for the USA. DTC Marketing planned in Germany and US.

-Initially, reimbursable, recurring, test strips revenue based model-Expanding into a hub of solutions for Diabetics (e.g. revenue from integration with smart insulin pens; clinical studies; product market testing)

-More than 400M diabetics worldwide (close to 100M are insulin dependent). -$12bn test strips market and growing ($37bn overall diabetes market) -Very little real innovation

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LabStyle InnovationsInvestment Theme

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Enter Dariowww.mydario.com

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Social Network - Crowd Source

Multi Mobile Platform - Cloud Service

Monitoring Dario Software

Easy to use, Stylish, All in

One Monitoring

Device

Actionable Personalized

Insights

Improve Diabetic Health - Monitoring to Therapy

Dario End to End Lifecycleנגטיב� לוגו

Therapy

Insulin (Pens; pumps),

Diabetic Food,Exercise,Behavior

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Oren Fuerst, PhDExecutive Chairman

Erez RaphaelCEO & President

Tal GivolyCTO

Seasoned medtech entrepreneur and investorFormer faculty Yale and Columbia Business SchoolExtensive experience in medical devices and data mgt

Former Chief Scientist of Amdocs (NYSE:DOX)More than 25 years in software developmentSoftware inventor with more 25+ granted patents

Prof. Itamar Raz MDDirector and Head of SAB

Head of Diabetes Unit and Research Center, Hadassah Medical Center ; Israel National Council of Diabetes of the Israel Ministry of Health; President, Israel Diabetes Research Group.

20 years of experience in product design, development and commercialization. Formerly with Amdocs (NYSE: DOX) and Nokia-Siemens

Shosh FriedmanVP Clinical and Regulatory

Affairs

Former SVP Clinical and Regulatory Affairs at Given Imaging (NASDAQ:GIVN). More than 20 years in clinical, regulatory affairs and QA systems.

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Experienced Management Team

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1990s 2000s

Glucose Self-Monitoring DevicesHave changed much over the past years

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http://chocolateonmycranium.blogspot.com/2011/05/changes.html#.T8Yc05kthbo

Device

Lancer

Strips

A bulky Kit Cumbersome to Carry

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Data is Lostנגטיב� לוגו

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Smartphone-driven Glucose Meter

Lancing device and strip container

Patent-pending technology

DarioThe Device

Pocket Size Glucose Meter

Stylish and easy to use

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Community Based - Learn and Share

Data Analysis and Insights

Proactive Recommendation Based on Pattern Recognition

End To End Diabetes Lifestyle Management (Food, Exercise, Insulin Intake)

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Comprehensive Platform - Patient, Care Giver, Professional Healthcare

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DarioThe Software

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Goals and Objectives via Gamificationנגטיב� לוגו

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DarioThe App

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Physician Dietitian

NurseOthercare

givers

PatientREAL-TIME DATA

HISTORICAL DATA

TAILOR-MADE DATAANALYZED DATA

Dramatically improving information flow among patients and care givers

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Phone + meter Meter + lancer

Current AttemptsCombine Hardware - Rather than providing an E2E Customer Experience

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Combining direct to consumers and distributors model

Test strips are typically fully reimbursed; Alignment with HC Insurance Agenda

Data enables a natural expansion into insulin delivery (e.g. smart insulin pen)

Initially: Recurring, high margin revenue from sales of strips

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Platform enables revenue from clinical studies and data (e.g. pharma; food)

User base enables product partnerships (e.g. pharma; food)

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Revenue ModelHighlights

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Illustration: 5 Strips/day*$0.5/Strip*365days/year*100,000 clients>$90M/year

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Dario: “Artificial Diabetes Brain”, All-in-one mobile and cloud based diabetes management system with glucose measurement device, data capture and analytics, sharing and social features

-Concluded usability and accuracy studies -Obtained CE Mark for Europe. UK, Belgium, Italy distribution agreements- Software launch on European Appstore Q4- 510(k) path for the USA. DTC Model in Germany and USA.

-Initially, reimbursable, recurring, test strips revenue based model-Expanding into a hub of solutions for Diabetics (e.g. revenue from integration with smart insulin pens; clinical studies; product market testing)

-More than 400M diabetics worldwide (close to 100M are insulin dependent). -$12bn test strips market and growing ($37bn overall diabetes market) -Very little real innovation

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LabStyle InnovationsInvestment Theme

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Dario

Thank You!

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