3. What we do
Patented Technology Converts Waste Heat into Electricity
Waste Heat
Rather than being released as
pollution into the atmosphere, the
heat that a Customer emits is
captured
Heat Exchanger
Green Turbine
Steam Electricity
Private & Confidential 3
Recycled Heat
4. $200+ Billion Total Market
8.0
7.0
7.0 According to US DOE, more
Waste Heat available from US
6.0
Industry than all renewable
5.0
energy sources combined!
4.0 Quadrillion BTUs
2.9
3.0
2.1
2.0
0.8
1.0 0.4 0.3 0.3 0.1
0.0
t
ea
s
d
d
al
te
V
H
er
el
in
oo
rP
m
as
w
fu
te
W
W
er
Po
W
la
io
as
th
So
B
ic
W
eo
tr
G
e
ec
bl
el
ila
ro
va
yd
H
A
Source: US Department of Energy, EIA Annual Energy Survey 2006
Private & Confidential 4
6. Target Market
• Diverse Market Potential
• Robust Sales Pipeline
Food/Beverage Industrial* Education Government
Hospitals Commercial Condos Renewal
Rene al Energy**
Private & Confidential 6
7. Our Value Proposition
We turn waste heat into a revenue stream
50 kW Integrated Model
• Lowest Per kW Installed Cost
• Average 3 Year Payback
• Only Proprietary Solution Targeting 1-50 kW
Private & Confidential 7
8. Business Model
Today Medium Term Long Term
(0 – 1 Years) (2 – 4 Years) (5+ Years)
Products • 1 – 25kW • 1 – 50kW • 1 – 100kW
Available: • OEMs • 15 – 50kW GT • 15 – 100kW GT
Sales • Joint • OEMs • OEMs
Strategy: Ventures
• JV/Licensing • JV/Licensing
• System • System
Integrators Integrators
• Direct (PPA)
Private & Confidential 8
9. Financial Projections
$50,000,000
$40,000,000
Net Revenue
EBITDA Key Metrics
$30,000,000
Net Profit/Loss • Unit Sales going from 5 to 2,300
$20,000,000 • Gross Margins growing to 65%
$10,000,000
• Cash flow positive Q1/2013
$-
F2010 F2011 F2012 F2013 F2014
$(10,000,000)
Private & Confidential 9
10. Financing Requirements
$1 Million Invested to date
Seeking $5 Million
Use of Proceeds:
• Finalize commercialization of product offering
• Build-out manufacturing capabilities
• Expand business team, and
• Fund sales and marketing initiatives.
Exit Strategy
• Liquidity event within 5-years
Private & Confidential 10
11. Management Team & Advisors
Jan Post, CTO, Inventor
An Electrical Engineer, who has built, ran and sold a successful consultancy firm
whose clients include several of Europe’s Tier 1 telecommunications companies.
Brent MacKinnon, CEO
20-years of success in launching, growing and selling startups. As co-owner of
Equinox generated over $340 million in revenue in 4-years.
Robert Klein, President
Successfully built business at Bell, Globalive, Swiss Medica and Futurelink.10+
years of experience in leading operations, finance and marketing teams.
Strategic Advisors include:
Dr. Greg Naterer, Associate Dean and Professor of Mechanical Engineering at the University of Ontario
Institute of Technology (UOIT) in Oshawa, Ontario.
Dr. Ibrahim Dincer, Professor Faculty of Engineering and Applied Science at UOIT, and is responsible for
the largest research group in Canada working on sustainable energy technologies.
David Pasieka, "C" Level Executive with extensive experience including Telecom, Financial Services,
Enterprise Software, Wireless and more recently Clean Tech.
Terry Slobodian, as President and CEO of Bridgepoint Health Foundation raised $400 million for the
Foundation.
Private & Confidential 11
13. Thank You
Rob Klein, President
P: 416 937-0657
E: robert.klein@greenturbine.net
www.greenturbine.net
IVEY Venture Forum
Investor Presentation
November 18, 2009
