LEDeep, LLC Snapshot z Power-Factor Corrected Solid-State Lighting for use in high-power LED applications, which improves the efficiency of SSL. z Early stage, seeking seed funding z Founded 2004 z Sole Proprietor z New York State Limited Liability Company z Patents Pending LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Why Solid-State Lighting... LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Why Solid-State Lighting... US$ Millions $2,500 $2,000 $1,500 $1,000 $500 $0 2008 2009 Illumination 2010 2011 HDTV LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Opportunity for PFC-SSL z z High-Power LED Market Estimates (US$MM) − Flat Panel HD-TVs can use 5000 LEDs per TV, which is a prime target for a PFC-IC for use with discrete LEDs. − General Illumination applications would benefit from a full custom PFC-SSL IC, with PFC and LEDs integrated on a single chip. Technology Trends → Incandescent → Fluorescent → Compact Fluorescent → Solid State Lighting (“SSL”) LEDs → PFC-SSL estimated over $100MM by 2011 LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Challenges to Solid State Lighting z SSL without Direct AC (Typical) − z z AC to DC conversion losses of approx 7% SSL with Direct AC without PFC (Competitor) − Saves approx. 7% AC-DC energy losses − Smaller lamp size – no power “brick” − Socket compatible with Incandescents/CFLs SSL with Direct AC and with PFC (LEDeep) − Less noise on power line − Reduces utility fees for low Power Factor LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) LEDeep Technology Overview z Power-Factor-Corrected Solid-State Lighting − Directly power LEDs from the grid. z z z z Eliminates the AC to DC power conversion Electric utilities charge more for non-unity power factors, and the PFC is a near unity PF usage Power supply monitoring allows PFC to assist the whole circuit to have improved PF. Helps fix poor PF from other devices on the same utility circuit, including Compact Fluorescent lamps, motors, compressors. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) PFC correction circuit turns on the number of LEDs that draws a near-linear current as the AC voltage varies from 0 volts to 115/230 Volts. Pseudo-resistive load Adding intelligent controls allows for this topology to absorb the noise from other energy consumers to help the overall circuit have a unity power-factor. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) PFC-SSL Integration Nodes z No Integration: Discrete PFC with Discrete LEDs − z Mixed Integration: PFC IC with Discrete LEDs − z Low NRE, high component costs, Low volume app. Moderate NRE, Moderate component costs, TV app. Full Integration: PFC-SSL Integrated Circuit − Single Chip solution (3 pads on IC) − High NRE, low component cost − High-volume general illumination app. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Potential Applications of PFC-SSL z Current − Power-Factor-Corrected Solid-State Lighting z HD TV Back-lighting − z General Purpose Lighting − z PFC-IC with discrete LEDs Full PFC-SSL IC with integrated LEDs. Future − Additional applications are possible. LEDeep has targeted some new applications which cannot be discuss at this time without a CDA. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Development Strategy z Option 1: Printed Circuit Board, No Integration − z Option 2: Mixed Integration − z 6 months from $ to PFC PCB, $500K NRE 1 Year from $ to PFC IC, $1MM NRE Option 3: Full Integration − 2 Year from $ to PFC-SSL IC, $5MM NRE LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) IP Strategy z z A divisional patent application can be filed with claims related to PFC-SSL, and additional patent applications can be filed. Original US Pat App. 2007/0276455 as a base for divisional patent application claiming PFC-SSL: − “... A final aspect of the invention provides various circuits that may be used to power the LEDs used in the present systems and devices. ... FIG. 15 shows a direct line voltage power supply that has a useful near unity power factor LED transfer function which is useful to remove the need for a switching power supply utilizing resistor ladder network to creates bias for transistors. ...” LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Original IP used to create divisional for PFC-SSL patent base LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Management z z Peter Fiset − BS Chem. Eng., U. Michigan, Ann Arbor. − MS Comp. Sys. Eng., Rensselaer Polytechnic Institute., Troy, NY − Previously developed solid-state storage devices, IT infrastructure, micro-controller applications, power supply design. Additional management hired upon conversion from LLC to NYS corporation. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”) Funding Sought 6 Months z z − $500K for Option 1: Printed Circuit Board PFC − Contract engineer to assist 1 Year − $1MM for Option 2: PFC IC, Mixed Integration − Contract IC engineer(s) for Analog IC design. 2 Year − $5MM for Option 3: PFC-SSL, Full Integration − Sponsor university research, hire LED IC engineers. LEDeep, LLC Presentation to New Energy New York 2009 Power-Factor-Corrected Solid-State Lighting (“PFC-SSL”)