Subject: RE: ISIS Defense
From: "Neil Callahan" <[email-masked]>
To: "Sebastian Momtazi" <[email-masked]>, "Devon Archer" <[email-masked]>, "William Lee" <[email-masked]>, "John DeLoche" <[email-masked]>, "Hunter Biden" <[email-masked]>, "Rob Walker" <[email-masked]>
Date: Thu, 12 Jun 2014 18:03:47 -0400

This appears to be widely shopped, a small family office in Chicago that we
met last week described  this deal to us and asked us for our thoughts on
it, so that is far reaching.  Seems like an experienced management team
looking to jump start an idea by acquiring an existing company – why not
just invest in the existing company?

Neil Callahan

Co-Founder & Managing Director

Rosemont Seneca Technology Patners

152 West 57th Street, 47th Floor

New York, New York 10019

917-945-9516

www.rstp.com

*From:* Sebastian Momtazi [mailto:[email-masked]]
*Sent:* Tuesday, June 10, 2014 1:22 PM
*To:* Devon Archer; William Lee; John DeLoche; Hunter Biden; Neil Callahan;
Rob Walker
*Subject:* Fwd: ISIS Defense

Team,

Please see attached teaser. Sent NDA for a deeper dive. Will upload docs to
dropbox as they arrive.

Seb

*From:* Chris Heinz <[email-masked]>
*Date:* June 10, 2014 at 9:15:37 AM EDT
*To:* Lawrence Guffey <[email-masked]>, Hamish Burt <[email-masked]>, Devon
Archer <[email-masked]>
*Cc:* Parm Johal <[email-masked]>
*Subject:* *RE: ISIS Defense*

I recommend that RSTP team reviews. We have looked at a number of data
analytics companies over the years (including investing in cataphora) and
the profile of this seems more like their mandate.
CDH
________________________________________
From: Lawrence Guffey
Sent: Tuesday, June 10, 2014 9:05 AM
To: Hamish Burt; Chris Heinz; Devon Archer
Cc: Parm Johal
Subject: FW: ISIS Defense

Chris (and Devo),

Defense deal as discussed.  Not sure if this fits in your PE or VC basket.
I think the team and oppty are highly credible as a proposition but don’t
have a view yet to inv merits.

Hamo pls review and lets discuss.  Also you should execute NDA on behalf of
LG Cap and have Seb do so for Rosemont.

PJ pls bring in teaser

From: Louis P. Friedman [mailto:[email-masked]
<[email-masked]>]
Sent: Friday, June 06, 2014 2:46 PM
To: Lawrence Guffey
Cc: Jonathan Dobres; Andrea Hagan; Robert Wu
Subject: ISIS Defense

Guff,

I am glad that we were able to catch up and appreciate the time that you
were able to spend listening to an update on Flexis Capital’s next
investment—the big data analytics for cyber-security company, ISIS Defense,
that has progressed to a point where we have begun conversations with
potential Flexis investors.  As you could tell, I am incredibly excited
about the quality of ISIS’ management team (industry leaders formerly at
market-innovating data center company Terremark), the highly differentiated
product (big data analytics driven by a powerful algorithm), and the
enormous market opportunity (as companies shift IT security dollars from
traditional, static defenses to more dynamic, real-time solutions).

From our conversation, I know that you could understand the benefit of
ISIS’ services, and the dynamics that drive the opportunity (particularly
given the recent attack on Target as well as Chinese military-backed
intellectual property thefts).  I appreciate your willingness to consider
an investment as well as bringing along your partners, and will make
available to you whatever resources to help address your further diligence.

I have attached an overview on the company and an NDA for you to review the
next level of information (including a management presentation, Flexis
investor memo, online data room and subscription materials).  It would be
great if you could pass the NDA to Chris to edit for his entity and sign,
but please feel free to discuss the opportunity with him now.  We have a
recorded investor conference call with the management team that is
available for replay, and I can also arrange a separate conversation with
them for you and Chris.

I look forward to hearing back from you at your earliest convenience and
potentially meeting you and your Partners Group colleagues next week.

All my best,
Lou

Louis P. Friedman
Managing Partner
Flexis Capital LLC
509 Madison Avenue, 6th Fl.
New York, NY  10022
+1 (212) 378-4050 Office
+1 (212) 378-4178 Fax
+1 (917) 403-9548 Mobile
[email-masked]<mailto:[email-masked]
<[email-masked]>