WWTURBINE Water Wall Turbine Tidal Energy for Power and Profit WWTURBINE The Problem The Emerging Tidal Energy Market needs a disruptive, cost effective technology to become a major player in Renewable Energy Market Place WWTURBINE Water Wall Turbine Disruptive Technology Technology Highly Efficient Energy Extraction Low Installation Costs Low Energy Production Cost Absolute Eco- and Bio-friendliness Construction & Installation Simplicity No long term effect on Habitats Scalable 500kW, 1MW, 2MW, 5MW, 10MW Single or Multiple installations Float technology channels & accelerates current Harvests both Potential and Kinetic Energy Fully assembled turbine floated to the site Deep or shallow waters operation Bi- or Mono-Directional (Tidal or River Currents) International IP patents WWTURBINE Market Opportunity Two important market segments for WWT: – Diesel Generation Displacement • 200,000 units world wide for remote communities – On-Grid Connection • Predictable clean energy WWTURBINE Market Development Plan Step 1 – First Commercial Site • Remote Private Fishing Lodge • ROI based on diesel displacement • 1 MW Turbine Step 2 – Other Remote Communities • Based on first installation success • Minimum 2 other units in the area • 1 – 2 MW Turbines Step 3 – On-Grid Project • Approved on-grid site • 2 MW Turbine • Generate $1 million per year in sales to Utility Step 4 – International Sales • Develop sales plan / international licensing • Many prospects already awaiting initial results WWTURBINE Product • Product answers the need for low cost, predictable clean energy • Development Status – – – – Detailed design complete 1:6 scale model ocean testing Initial site approvals complete First customer committed based on successful installation systems test WWTURBINE Competitive Edge Key competitive edge: • Low cost development – use of well-established wind components – all power train components are surface mounted • Low life cycle costs – Ease of operation and maintenance on secure floating platform • Industry-leading energy extraction efficiency • Low cost of electricity (10 -15 cents per kWh) WWTURBINE Financial Forecast • World Market comprises Tidal and River Streams for either remote power, diesel displacement and on-grid operation in multiple arrays. • With 200,000 commercial diesel units installed world wide, an estimated 1% are near a fast moving current. • Multi-array systems in large tidal areas are expected • From inquiries to-date, an estimate of 20 units with in the first 2 years of operation are expected. • Total units expected over 5 years in excess of 200 units. • At a cost of $2,000,000 per MW produced, the total sales could realistically reach $400 million WWTURBINE Team • Management Team – Marek Sredzki – Founder • CEO, Power Plant Engineering & Management – Lodewyk Botha - Founder • CTO, Power Plant Design – Russell Baker • Business and Marketing Consultant WWTURBINE Milestones • Completed detailed design, site location selection and analysis, ocean testing of 1:6 scale model and approvals for first installation – Spring 2013 • Require final anchoring and power train design, construction to be completed for 1st Quarter 2014. • Deployment and Installation to be completed 2nd Quarter 2014. • Parallel construction of second location to begin during 2nd Quarter 2014 WWTURBINE Asset Highlights • Disruptive Technology • Low Cost / High Efficiency Energy • Large market – Remote and On-Grid • Matching Government Financing WWTURBINE Water Wall Turbine Tidal Energy for Power and Profit