EXHIBIT 99.1
Slide 1
Investor Presentation
June 2002
25 Years of Innovation
Graphic: Photographs of products designed, developed, manufactured by or
proprietary to Colorado MEDtech, Inc.
Graphic: Colorado MEDtech, Inc. logo
Slide 2
Safe Harbor Statement
The statements in this presentation that are not historical facts, including
those regarding the financial impact of facility consolidation, are
forward-looking statements that represent management's beliefs and assumptions
based on currently available information. Forward-looking statements can be
identified by the use of words such as "believes," "intends," "estimates,"
"may," "will," "should," "anticipated," "expected" or comparable terminology or
by discussions of strategy. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, it cannot assure
that these expectations will prove to be correct. Such statements involve risks
and uncertainties including, but not limited to, the risk that the facility
consolidation may not result in cost savings and efficiencies or that other
factors may offset such impact, the risk that the Company's existing level of
orders may not be indicative of the level or trend of future orders, the risk
that the Company may not successfully complete the work encompassed by current
or future orders, the risk that unforeseen technical or production difficulties
may adversely impact project timing and financial performance, the risk of
potential litigation, the risks associated with regulation by the Federal Food
and Drug Administration including compliance with the Quality System Regulation,
the risk that acquired companies cannot be successfully integrated with the
Company's existing operations and the risk that a downturn in general economic
conditions or customer budgets may adversely affect research and development and
capital expenditure budgets of potential customers upon which the Company is
dependent. Should one or more of these risks materialize (or the consequences of
such a development worsen), or should the underlying assumptions prove
incorrect, actual results could differ materially from those forecasted or
expected. These factors are more fully described in the Company's documents
filed from time to time with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update publicly or revise such
statements whether as a result of new information, future events or otherwise.
Graphic: Colorado MEDtech, Inc. logo
Slide 3
Colorado MEDtech, Inc.
Colorado MEDtech (CMED), founded in 1977, is a leading full-service provider of
advanced medical technology outsourcing services and medical imaging components,
products and services.
o One-stop service
o Faster time to market
o Innovative technical solutions
o Integrated development and manufacturing
CMED offers value-added services to medical OEMs and end-users
Graphic: Photograph of TheraSense(TM) PDA-based glucose meter
Graphic: Colorado MEDtech, Inc. logo
Slide 4
Our Mission and Vision
Mission
To be the world leader in high quality, advanced medical outsourcing services
and medical imaging components and accessories.
Vision
We aspire to become our customers' competitive advantage and their first choice
as the OneSource OutSource(TM) partner.
Graphic: Photograph of Cochlear, Inc.'s Crystal Integrity Test System(TM)
Graphic: Colorado MEDtech, Inc. logo
Slide 5
Our Organizational Structure
Colorado MEDtech
Medical Outsourcing Services
RELA
Design, develop and manufacture medical products
o diagnostic
o therapeutic
o biotech
o software development
o medical device connectivity
Medical Imaging Products and Services
<Table>
IPS CIVCO
Imaging system design, Design, develop,
develop and manufacture manufacture and
distribute
- power amplifiers
- accessories for ultrasound
- design and develop imaging equipment
custom software systems
- image-guided minimally
invasive surgical products
</Table>
Graphic: Colorado MEDtech, Inc. logo
Slide 6
Challenges - 2001 and 2002
o Unsolicited acquisition proposal
o FDA Warning Letter
- released October 2001
o Litigation
- Wedel arbitration decided in favor of CMED November 2001
- Settlement of Gen-Probe litigation February 2002
o Cancellation of Hitachi manufacturing program
o Implement new management team, change corporate culture
Graphic: Photograph of CIVCO engineers in front of CAD workstation
Graphic: Colorado MEDtech, Inc. logo
Slide 7
Goals We Set
Strengthen management team
Improve quality systems and infrastructure
Integrate business operations
Expand the business
Graphic: Drawing with the word "Goals" in center; arrows indicating the goals
set as listed above.
Graphic: Colorado MEDtech, Inc. logo
Slide 8
Significant Accomplishments
Graphic: Colorado MEDtech, Inc. logo
Graphic: Arrow backing photographs of products designed, developed, manufactured
or proprietary of Colorado MEDtech, Inc.
Slide 9
Accomplishments
Strengthened management team
o Added new players to executive team in vital positions
o Former, experienced executive rejoined CMED in expanded role
o Promoted from within to establish importance of key positions
Strongest and most experienced team
Graphic: Photograph of Second Look(TM) by CADx Medical Systems
Graphic: Colorado MEDtech, Inc. logo
Slide 10
Accomplishments
Improved quality systems
o Implemented comprehensive quality program
o Hired experienced personnel
o Achieved resolution of FDA warning letter
o S. Onody invited to join FDA/Industry Grassroots Initiative Task Force
Graphic: Photograph of Link-iT(TM) medical device connectivity module shown with
Nellcor Puritan Bennett, Inc. pulse oximeter. Photo used by permission of
Nellcor Puritan Bennett, Inc.
Graphic: Colorado MEDtech, Inc. logo
Slide 11
Accomplishments
Focused business by integrating operations
o Restructured manufacturing
- Eliminated board shop
o Divested non-core business
- Sold CMED Catheter
o Phased out 2 units
- CMED Automation
- BioMed Y2K
Graphic: Photograph of TheraSense(TM) PDA-based glucose meter
Graphic: Colorado MEDtech, Inc. logo
Slide 12
Accomplishments
Expanded the business
o Introduced Link-iT(TM)
- medical device connectivity technology
o Allied with Red-M(TM)
- provider of Bluetooth(TM) wireless connectivity solutions
Introduced leading-edge technologies
Strengthened our intellectual property
Graphic: Photograph of Link-iT(TM) medical device connectivity module shown with
Nellcor Puritan Bennett, Inc. pulse oximeter. Photo used by permission of
Nellcor Puritan Bennett, Inc.
Graphic: Colorado MEDtech, Inc. logo
Slide 13
Accomplishments
Expanded the business
o Acquired imaging products line from ATL Ultrasound
- Strengthens our medical products segment
o Acquired Barzell-Whitmore
- Positioning and stabilizing devices used in image-guided minimally
invasive surgery
Graphic: Photograph of CIVCO engineers in front of CAD workstation
Graphic: Colorado MEDtech, Inc. logo
Slide 14
Why This is a Good Business
1. Positioned in a long-term growth market
2. Focused on attractive niche
3. Customers include industry leaders
4. Full service OneSource OutSource(TM)
5. Solid financial position
Graphic: Colorado MEDtech, Inc. logo
Slide 15
1. Positioned in Long-Term Growth Market
Medical Device Outsourcing Market ($B)
Graph depicting estimated growth of the medical device outsourcing market
<Table>
<Caption>
Total Medical Market Medical EMS
- OEM COGS Revenues
1998 $40.4 $3.2
1999 $43.5 $4.2
2000E $47.1 $4.8
2004E $57.3 $7.6
</Table>
Source: Technology Forecasters, Inc.
Graphic: Colorado MEDtech, Inc. logo
Slide 16
1. Factors Driving Market Growth
o OEMs focusing on core competencies
o Outsourcing offers:
- reduced costs
- improved time-to-market
- reduced capital outlays
Graphic: Colorado MEDtech, Inc. logo above the word "GROWTH"
Graphic: Colorado MEDtech, Inc. logo
Slide 17
2. Focused on Attractive Niche
$3.6B medical device outsource market
Graphic: Sphere filled with photograph of an integrated power and control
subsystem for high-field MRI, divided in half; top half marked with the words
"High tech, value-added segment"; bottom half marked with the words "Low value
segment"; Colorado MEDtech, Inc. logo
Graphic: Colorado MEDtech, Inc. logo
Strongly positioned in advanced tech segment
Slide 18
3. Customers Include Industry Leaders
Graphic: logos for the following:
Johnson & Johnson
Gene Logic
Boston Scientific
Baxter
Medtronic
Siemens
Du Pont
Tyco
Becton Dickinson
Lilly
Xanthon
Abbott Laboratories
Colorado MEDtech, Inc.
GE Medical Systems
Graphic: Colorado MEDtech, Inc. logo
Slide 19
4. Full Service Provider
Advanced Solutions
o Services
o Products
o Components
o OneSource OutSource(TM) Provider
Graphic: Montage image of clock face with multiple product images; center -
Colorado MEDtech, Inc. logo
Graphic: Colorado MEDtech, Inc. logo
Slide 20
4. The OneSource OutSource(TM)
o One-stop service
o Faster time-to-market
o Innovative technical solutions
o Integrated development and manufacturing
Graphic: Montage image of clock face with multiple product images; center -
Colorado MEDtech, Inc. logo
Graphic: Colorado MEDtech, Inc. logo
Slide 21
5. Solid Financial Position
<Table>
o Cash and short-term investments $ 4.6M
o Total assets $43.2M
o Working capital $18.6M
o Revenues
nine months ended 3/31/02 $52.4M
</Table>
We have reduced losses for the last three consecutive quarters*
Numbers as of 3/31/02 *Prior to non-recurring expenses
Graphic: Colorado MEDtech, Inc. logo
Slide 22
Growth Strategies
1. Become the 1st choice supplier OneSource OutSource(TM)
2. Provide world-class medical connectivity technology
3. Expand imaging product portfolio
4. Complementary acquisitions and alliances
Graphic: Photographs of products designed, developed, manufactured by or
proprietary to Colorado MEDtech, Inc.
Graphic: Colorado MEDtech, Inc. logo
Slide 23
FY 2002: Where are we today?
o First and Second Quarter:
- Resolved FDA warning letter
- Won CIVCO litigation
- Reducing costs
o Third Quarter:
- Acquired Barzell-Whitmore
- Settled Gen-Probe litigation
- Reducing costs
o Fourth Quarter Objectives
- Improving sales opportunities
- Reducing costs
- Consolidating into one facility
We believe our actions will return CMED to profitability
Graphic: Photograph of Cochlear, Inc.'s Crystal Integrity Test System(TM)
Graphic: Colorado MEDtech, Inc. logo
Slide 24
Why Colorado MEDtech?
We have a strong platform for growth:
o People
o Processes
o Technology
o Opportunity
Graphic: Photograph of Xanthon Xpression Analysis System(TM)
Graphic: Colorado MEDtech, Inc. logo
Slide 25
Why Colorado MEDtech?
o Impressive customer base
- leveraging relationships
o Expanding capabilities in high potential areas
- device connectivity and imaging
o Solid business model
o Strong balance sheet
Focused on return to profitability
Graphic: Photograph of Second Look(TM) by CADx Medical Systems
Graphic: Colorado MEDtech, Inc. logo