PROVEN PROCESS TO DELIVER TRUE ELECTRONICS SCRAP RECYCLING AND HIGH FINANCIAL RETURN Page 1 Executive Summary AT developed, demonstrated and is commercializing a proprietary process that completely recycles the materials within mixed electronics scrap in a single plant while providing a compelling return to plant operators and investors. Extensive financial modeling is completed based on real-world pilot plant results, capital and scrap costs and today’s commodity prices for plants processing up to 100 tons per day. Plant and investor returns are significantly positive from 40 tons per day to over 100 tons per day, with returns increasing with plant size and volume flow. Plant configurations can include on site refining of recovered metals and precious metals or less capital-intensive set ups where the metals are collected and sold for further processing. For example, for a 100 ton per day plant with metals refining, the financial summary is: Capital plus First Year Costs Total $23 MM ($3.4 MM less capital and $7 MM less annual operating cost w/o on-site metal refining) E-scrap Purchased Price of $0.12 per lb. $65 MM/Yr Revenue from Reclaimed Solids Per Plant $927/ton Annual Operating Costs Price Factor for Reclaimed Metals 85% of Market Price $10.4 MM Annual Gross Profit at Today’s Commodity Prices High IRR/Strongly Positive 10-year Plant NPV Additional Benefits Process mixed electronics scrap in a single plant, at a single site. Facilitates simplified scrap flow and audit tracking. Significantly less scrap deconstruction than competitive recycling alternatives. Reduces labor and capital needed in alternative processes. Continuous flow process. Scaleable, low energy process. Process based upon proven tire recycling plants of partner company. Operating electronics scrap recycling pilot plant in Albuquerque, New Mexico. Extensive financial, capital, cost and profit modeling available. Less than one year to have first plant in operation (preliminary designs, process flow sheets, and regulatory requirements are available from partner experience). AT is seeking to license the process technology and technology support to partners in the electronic scrap industry who will benefit from the significantly increased Page 2 scrap processing volume, simple and scaleable process, and high financial returns of the AT process. Process Economics The most significant revenues generated by any recycling of electronics scrap are from the recovery of precious metals from the scrap. The AT system fully recovers not only all the precious metal content within the scrap, but the economic value of the plastics, other metals, ceramics, and fiberglass, all in a single plant process. Operation and maintenance of the process requires a minimal labor force. Little or no segregation is required for the feedstock before processing, thus reducing labor costs and dramatically increasing the economics of the process over existing recycling techniques. An extensive economic model of recycling mixed electronic scrap using the AT recycling process is available to evaluate the numerous data inflows and results of the process under a number of scrap flow, commodity price, plant size and other inputs and constraints. This model is fully available for customer review, analysis and planning. The Process AT’s process combines all components that make up mixed electronics scrap into a single feedstock, minimizing transportation, labor, and other related segregation costs. The ability of the process to minimize these costs improves the economics of recycling these complex mixtures. Each of the material components that make up the mixed electronic feedstock are separated continually and simply throughout the automated process. Conversion times are rapid, and the process is close-looped and, thus, nonpolluting. The process requires significantly lower energy than other electronics scrap recycling processes. The resultant high value precious metals are completely recovered. In addition, all types of plastics and composites, thermosets, as well as thermoplastics (computers, copiers, printed wiring boards, cell phones, home electronics, and other electronics assemblies) are converted in high yields to valuable hydrocarbon products. The resultant hydrocarbon products represent chemical feedstocks for sale and/or fuel sources. Fillers, fibers, and impurities are separated from the hydrocarbons for reuse or disposal. By obtaining value from all the components in the wastestream (hydrocarbons, fibers, metals, fillers, etc.), the overall recycling process economics are improved compared to recycling only a portion of the electronics wastestream with chemical, mechanical or smelter-based processes. Page 3 Process Summary Separation Deconstruction Initial Sorting Shredding Aggregating Shredding Precious Precious Metals Metals Pd Cu Pt Ag Au Carbon, Glass, Carbon, fibers Fibers and other materials Operating E-cycling Pilot Plant Plant Pyrolytic/Catalytic Hydrocarbons usable for Reactor wide variety of applications Optional Reuse of Recovered Output Hydrocarbons for Hydrocarbons Heating for Process Energy Recovered Hydrocarbons For Sale Page 4