September 16, 1997 presentation of:
RF Monolithics, Inc.
Post-IPO: Building Shareholder Value
Presenter
Sam L. Densmore, President, CEI, RF Monolithics, Inc.
Moderator
Karen K. Farris, CPCU, ARM, President, CEO Roach, Howard, Smith & Hunter
Panelists
Darvis W. Cormier, CMC, Management Consulting National Director, Deloitte & Touche
LLP
Robert C. Schwaller, Senior Consultant, The Financial Relations Board, Inc.
Jenny Haynes, VP Investor Relations, Pagenet
Corporate Profile
RF Monolithics, Inc. (NASDAQ: RFM) headquartered in Dallas is a leading developer,
manufacturer and supplier of a broad range of radio frequency components and nodules for
the computer, automotive, telecommunications, consumer and industrial markets worldwide.
RFM products are based on surface acoustical wavelength (SAW) technology which allows the
efficient transmitting, receiving and filtering of wireless signals. That in turn allows
complex functions to be accomplished on very small surfaces.
RFM was founded in 1979 and completed an initial public offering of 1,600,000 shares of
its common stock at $6.50 per share in July 1994.
In its last fiscal year, the company earned $1.9 million on sales of $35.7 million. On
June 18, 1997 RFM reported record sales for the third quarter which ended May 31, 1997.
Sales increased 42 percent to $12.8 million compared to $9.0 million for the third quarter
of the prior year. Net income for the third quarter increased 90 percent to $1.1 million
or 20 cents per share, compared to $605,000, or 11 cents per share for the third quarter
of the prior year.
The continued growth in sales and profits resulted from increased demand in newer
products in surface mount packages, a strengthened sales and marketing team and positive
results of programs for improving capacity, quality and gross profit margins.
One of the newest areas of interest for RFMís product is in corporate computer
networks. Wireless equipment can transmit signals anywhere from 3 to 50 feet eliminating
the need to string expensive cables throughout an office building.