Innovative Ltd. - Profile Founded in 2006 by Ron Chen Privately owned Mission – Patents Development: Tisteron© - Investment raised, Prototype & pilot tests finalized BumperOn© - Local electrical power manufacturing Innovative Ltd - Proprietary 1 Product Strength Extremely low electricity production costs Local, “green” electrical power production High Return On Investment (ROI) Very high growth potential Win-win situation: Investors, city authorities, drivers Innovative Ltd - Proprietary 2 Problem 1 – Energy costs Crude oil prices over the last decade Innovative Ltd - Proprietary 3 Problem 2 – Traffic Volume 1,040 1,020 1,000 980 960 940 920 900 880 860 840 World Vehicles 2006 Moscow: 3 Million cars 2007 2008 2009 Million vehicles Traffic volume constantly increase 2010 Milan: 120,000 cars Innovative Ltd - Proprietary 4 Problem 3 – Road Safety Safety and Accidents prevention Country Fatalities per 100k Vehicles Total Fatalities Injury Crashes 2010 USA 13 32,900 1,546,000 Germany 7.2 3,650 288,300 8 4,090 211,400 55.3 26,600 Italy Russia “We repair roads, fill the potholes, but accidents rise. You won't drive fast on a bumpy road ,” (Vladimir Fyodorov, former traffic police chief, Moscow) Innovative Ltd - Proprietary 5 BumperOn© BumperOn©: Several consecutive rotating flaps, each one is a self power-generating unit Installed as a regular bumper, flashed to road surface. Covered by a flexible cover, to withstand snow, rain, dust etc. Patented Technology. System depth – 70cm Innovative Ltd - Proprietary 6 Electrical Block Diagram Flap & Mechanics (*n units) Alternator (*n units) Battery Grid connected Inverter Power Grid Innovative Ltd - Proprietary 7 Versatile Solution Bumper can be installed in highways, that are crowded during rush-hours: Protrude surface when traffic is slow Flushed with surface when traffic is fast Innovative Ltd - Proprietary 8 Prototype in Action The piston simulates a passing car Accelerating alternator is heard Innovative Ltd - Proprietary 9 Patents BumperOn granted patents at: United States Canada South Africa Israel Mexico Patents pending at: European Union Innovative Ltd - Proprietary 10 Energy Production Analysis Parameters and assumptions: Car/Lorry ratio: 90% / 10% Average weight – 3000Kg Initial vehicle velocity – 40km/h 5 consecutive flaps Innovative Ltd - Proprietary 11 Analysis Demonstration System Energy Production: 12kJ per car 12kJ (3.3Wh) per vehicle /5 flaps 13 Attractive Installation Sites Roads with high traffic volume Rings exits Left turns, crossroads/lights Shopping centers, parking lots Innovative Ltd - Proprietary 14 Transportation in Europe 80 No. of Traffic Jams 70 60 50 Copenhagen Hamburg 40 Berlin Vienna 30 Munich 20 Milan 10 0 7:00 10:00 13:00 16:00 19:00 22:00 Hour of day Conclusions: 12 hours of high traffic – good assumption Vienna, Copenhagen not attractive… Berlin, Hamburg, Milan, Munich – are! Innovative Ltd - Proprietary 15 Milan Attractive Sites - Example <40 40-60 >60 Viale Marche 7:30-20:00 Km/h Loreto 8:00-20:00 Viale Murillo 8:00-19:30 Viale Abruzzi 8:00-21:00 Via Lorentegio 8:00-22:00 A7 7:00-19:00 Conclusion: 12 hours of high traffic Innovative Ltd - Proprietary 16 How much money can it make? High traffic volume: cars at 40 Km/h or less, result a delay of 3.5sec between cars, that is 1100 cars per hour. Mid traffic volume: Same velocity, with 600 cars per hour Monday – Friday has higher volume of traffic 1100 cars of 24kJ results 0.73$ per hour, yields 268$ per year Mid traffic 600 Cars/h [hours] 4 4 4 4 4 6 6 A Annual income per hour High traffic 1100 Cars/h [hours] 12 Monday 12 Tuesday 12 Wednesday 12 Thursday 12 Friday 6 Saturday 6 Sunday [$] Income is calculated by multiplying number of hours of each volume a day [A], by yearly income per hour[B]. 400 350 300 268$ 250 200 146$ 150 B 100 50 0 0 200 400 600 800 1000 Cars / hour Innovative Ltd - Proprietary 1200 1400 1600 17 How much money can it make? Income = Σ <days of week>*<Annual income per hour>* <hours> = 5/7 days*(12h*268+4h*146) + 2/7days*(6h*268+6h*146)= 2714+710 = 3424$/year System cost is ~5000$, thus ROI = 1.5 Years Innovative Ltd - Proprietary 18 Power Production Cost No variable costs, but: Maintenance, patent protection, fees Marketing, administration, service Suggested business model yield costs that are less than 1¢/kWh from the third year on. Government subsidy wasn’t taken into account, yet! Innovative Ltd - Proprietary 19 Summary “Green” electricity production, at less than 1 cent per kWh. Very fast return on investment. Enormous growth potential. Innovative would license technology and patents to relevant group in Europe that is a significant player in the municipal energy market. Innovative Ltd - Proprietary 20 Thank You ! Innovative Ltd - Proprietary 21