EXPERT SYSTEM

Corporate Presentation

Stefano Spaggiari, CEO

AIM RETAIL INVESTOR ROADSHOW

Professional & Private Investors

Expert System

sells Errata Corrige

to Microsoft

1994

Cogito is

available in

multiple

languages

2006 2013 12/20141992

Launches the

first software,

Errata Corrige

The Cogito

technology is born

2000 2011

LEADER IN COGNITIVE COMPUTING

AND TEXT ANALYTICS

US subsidiary

opens; Cogito is

patented in the

United States

Included in

Gart er s Magi Quadrant for

Enterprise Search

2/2014

Begins trading

on the

AIM exchange

6/2014

Opens new

offices in

Silicon Valley

and the UK

Establishes

Expert

System

Iberia and

CY4Gate

5/2015 10/2015

Acquires

TEMIS Group

Becomes a

Google

Premium

Partner

2

THE SO-CALLED BIG DATA E‘A …

Big Data is ALL data … a d it is ALL opportunity

*Wikibon is Professional community solving technology and

business problems through an open source sharing of free

advisory knowledge.

*

4

Expert System included in the Forrester

‘eport Artifi ial I tellige e Ca Fi all U leash Your Busi ess Appli atio s Creati it . March 2015

HOW TO LEVERAGE BIG DATAA NEW ERA OF COMPUTING

The smart machine era will be the most

disruptive in the history of IT. - Gartner

By 2018, half of all consumers will interact

with services based on cognitive computing

on a regular basis. - IDC

Forrester believes that cognitive computing

has the potential to address important

problems that are unmet with today s advanced analytics solutions. - Forrester

Allied –Market Research 2015

Cognitive Systems Text Analytics

5

WHAT DOES THIS NEW COMPUTING

ERA MEAN?

Cog iti e o puti g akes a e lass of problems computable. It addresses complex

situations that are characterized by ambiguity

and uncertainty; in other words it handles

hu a ki ds of pro le s.Sue Feldman, Robert Feldman - SYNTHEXIS

Te t analytics, that implies Natural Language

Processing, refers to technology and business

processes that apply algorithmic approaches to

process and extract information from text and

generate insights.Seth Grimes – Breakthrough Analysis

6

COGITO

We have invented a technology that transforms the way

people find, comprehend and use information.

Artificial Intelligence making people smarter.

7

Which apple are you

looking for?

COGITO, I THINK . IT “ ALL “EMANTIC“

Cogito understands the

meaning of words in context

to make information more

findable and to help

organizations be more

strategic and effective.

8

LANGUAGES SUPPORTED

Expert System currently supports 14 languages 9

+59%

+164%

€0,00

€1,00

€2,00

€3,00

€4,00

€5,00

€6,00

€7,00

€8,00

€9,00

€10,00

Million

1stH

2014

1stH

2015

*

1stH

2015

** 2014 2015

2014 2015

EXPERT SYSTEM IN NUMBERS

1

+65% ͌

Revenues Foreign Market % Growth

0%

10%

20%

30%

40%

50%

60%

70%

1stH

2014

1stH

2015

*

1stH

2015

**

€0,00

€0,20

€0,40

€0,60

€0,80

€1,00

€1,20

€1,40

€1,60

€1,80

€2,00

+285%

USA Market & Growth

1stH

2014

1stH

2015

*

Business Outlook 2015: Production Value

2014 2015

* Consolidated financial results for June 30, 2015

**Consolidated financial pro-forma results for June 30, 2015 including TEMIS

Million Million

€0

€5

€10

€15

€20

€25

€30

10

Europe

• Established Expert

System Iberia (Acquired

divisions of ISOCO -

Spain)

• 100% acquisition of

TEMIS, the French leader

in text analytics solutions

• Offices in France (Paris,

Grenoble) and Germany

• Reinforced activities and

partnerships in the

German-speaking market

USA

• Two companies: Private

Sector and Public Sector

(including Critical

Infrastructure,

Intelligence, Defense,

Law Enforcement)

• Offices in Washington,

D.C., Chicago and Palo

Alto in Silicon Valley

ROW

• Established CY4Gate, a

new global player in the

C er Defe se Ele tro i s field

• Extended activities

leveraging key

partnerships, e.g. Google

for Work, Google Cloud

Platform

• Entered into new

business opportunities in

South America and the

Middle East

GLOBAL GROWTHS

TR

AT

EG

IC

PA

RT

NE

SH

IPS

11

PRESS COVERAGE

12

WHY INVEST IN EXPERT SYSTEM?

As a company that has experienced tremendous growth internally

while expanding our footprint as a multinational organization,

we are on the eve of a revolution.

• International expansion

with both internal and external growth

• New products and technologies

developed for key sectors

• Indirect sales channels

with vendors and system integrators

• Unique positioning in the Cognitive

Computing, Artificial Intelligence market

• Public company with 60% of shares held

by external investors

13

Thank you

Stefano Spaggiari

CEO

sspaggiari@expersystem.com

www.expertsystem.com

CONTACTS

14