EXHIBIT 99.1
Slide 1
Annual Meeting of Shareholders
14 November 2002
Building Tomorrow's Technologies Today
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 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 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
An Important Year
o Our 25th year in business
o Achieving business stability
o Clearing away past problems
o Exploration of strategic alternatives
Graphic: Montage image of clock face with multiple product images; center -
Colorado MEDtech, Inc. logo
Graphic: Colorado MEDtech, Inc. logo
Slide 4
A Year of Initiatives
o Consolidation of our Colorado operations
o Realignment of our operating segments
o Strategic cost cutting measures
o Expansion of our product business
o Exploration of strategic alternatives
Graphic: Colorado MEDtech, Inc. logo
Slide 5
Achievements
o Improved product sales
o Improved infrastructure
o Resolved outstanding legal issues
o Continued comprehensive quality program
o Implemented strategic cost reductions
o Formed alliances
o Completed acquisition
Graphic: Colorado MEDtech, Inc. logo
Slide 6
Alliances
o Teledyne:
provides access to both low cost and high volume manufacturing
o Cerner Corporation:
"Cerner Certified Development Organization" to develop
software applications for Cerner clients using Cerner's
Millennium(R) information systems platform
Graphic: Colorado MEDtech, Inc. logo
Slide 7
Focus Areas
(Inside circle divided into five sections:)
OneSource OutSource(R)
Time to Market
o Technology
o Expertise
o Platforms
o Solutions
Cost
Regional
Graphic: Colorado MEDtech, Inc. logo
Slide 8
Cerner and CMED Approach
Graphic: Oval graphic representing a "Clinician's View" of the interaction
between "Devices", "Provider PDA", "HIS", and "Context" with respect to "A
Single Patient."
Graphic: Colorado MEDtech, Inc. logo
Slide 9
The Product Vision
o Connects Cerner Millennium Products to in-hospital medical
devices
o Creates a new product line for Cerner to sell utilizing
Link-iT(TM) Technology
o Adds safe, timely, local, redundant clinical and administrative
assistance
o We supply
o Link-iT(TM) Boxes
o Software
o Service (2nd tier)
o They supply
o Sales force
o Hospital customer
o Millennium Objects(R)
o PDA software
o Service (1st tier)
Graphic: Colorado MEDtech, Inc. logo
Slide 10
Typical Installation
(One Nursing Unit)
Graphic: representing use of Patient Link Identifier,
Patient Link/Specialty Link/
Wireless Hub Cluster
Device Link and Device; and
A Millennium Object Server,
in a hospital nursing unit (21 beds), in which the above software and
devices communicate patient information to the hospital information system.
Graphic: Colorado MEDtech, Inc. logo
Slide 11
Financials
o FY02 quarter over quarter improvements
o Ended with a profitable fourth quarter
o Colorado operations FY02 sales down 22%
o CIVCO sales up 38% in FY02
o Maintained a strong balance sheet
Graphic: Colorado MEDtech, Inc. logo
Slide 12
Solid Financial Position
June 30, 2002
<Table>
Cash and short-term investments $ 7.4M
Total assets $ 42.5M
Working capital $ 18.5M
Cash flows from operations (a) $ 3.4M
</Table>
(a) for the year ended 6/30/02
Graphic: Colorado MEDtech, Inc. logo
Slide 13
Operating Financial Information
For the Year Ended June 30, 2002
<Table>
Net Revenue $ 70.7M
Gross Profit $ 19.6M
------
Net Loss $ (3.1M)
Diluted Loss Per Share $ (.24)
------
</Table>
We were profitable for the quarter ended June 30, 2002
Graphic: Colorado MEDtech, Inc. logo
Slide 14
Segment Financial Information
For the Year Ended June 30, 2002
<Table>
Iowa Operations Revenue $ 24.4M
Iowa Operations Gross Profit $ 12.8M
Iowa Income From Operations $ 6.4M
------
Colorado Operations Revenue $ 46.3M
Colorado Operations Gross Profit $ 6.8M
Colorado Loss From Operations $(11.6M)
------
</Table>
Graphic: Colorado MEDtech, Inc. logo
Slide 15
First Quarter Financial Position
September 30, 2002
<Table>
Cash and short-term investments $ 6.7M
Total assets $ 40.3M
Working capital $ 17.9M
Cash flows from operations (a) $ 0.2M
</Table>
(a) for the quarter ended 9/30/02
Graphic: Colorado MEDtech, Inc. logo
Slide 16
Operating Financial Information
For the Quarter Ended September 30, 2002
<Table>
Net Revenue $ 14.1M
Gross Profit $ 3.6M
------
Net Loss $ (0.3M)
Diluted Loss Per Share $ (.03)
------
</Table>
Graphic: Colorado MEDtech, Inc. logo
Slide 17
Segment Financial Information
For the Quarter Ended September 30, 2002
<Table>
Iowa Operations Revenue $ 6.7M
Iowa Operations Gross Profit $ 3.3M
Iowa Income From Operations $ 1.5M
------
Colorado Operations Revenue $ 7.4M
Colorado Operations Gross Profit $ 0.3M
Colorado Loss From Operations $ (2.1M)
------
</Table>
Graphic: Colorado MEDtech, Inc. logo
Slide 18
Looking Ahead
Exploration of a full range of strategic alternatives to maximize value for ALL
stakeholders, including but not limited to:
o Sale of all or part of the company
o Discontinuation of certain operations
o Mergers
o Divestitures
Graphic: "GROWTH" rising out of Colorado MEDtech, Inc. logo
Graphic: Colorado MEDtech, Inc. logo
Slide 19
Commitment
We are committed to:
o Service--our clients' success is our goal
o Teamwork--our alliance partners, vendors, and employees are
essential to long-term success
o Innovation--our technologies, capabilities, and creativity set us
apart
o Responsibility--the quality of our products and services is a
high priority in our commitment to the medical community and the
people it serves
Graphic: Colorado MEDtech, Inc. logo
Slide 20
Questions and Answers
Graphic: Colorado MEDtech, Inc. logo