• Why Invest in EPS?
• Technological superiority
• +
• First-mover advantages
• in a
• High growth, high margin, global market
• =
• Outsized Returns

• High Growth Markets
• Renewable Energy/Distributed Generation is one of the fastest growing industry sectors
• Letters of Intent have been signed by two customers waiting to purchase significant quantities of EPS turbines
• There’s a vast potential for a global demand – substantial sales and joint venture opportunities have already been identified

History of Capital injections into EPS

Over the past several years EPS has already raised US$4.5 million in cash from a small group of family and friends in exchange for common share equity. An additional US$1.5 million has been raised from 3 shareholders in exchange for Preferred Shares.

This previous US$6.0 million capital has been fully deployed to:

• Research and redesign the original turbine concept
• Build a ¼ scale biomass combustor chamber
• Work with the design engineering team on the initial development of the turbine
• Research initial patents and secure the IP and related patents

EPS is now seeking an additional US$18 million to complete development, build and test 3 proto-type turbine engines and ramp-up to begin commercialization. If desired by the investor(s), this $18 million can be injected in tranches over 10 calendar quarters (2.5 years) which is the estimated timetable until full commercialization commences.

In addition to the opportunity to inject the new capital in tranches over a 2.5 year time horizon, EPS would welcome multiple new investors partners to invest in the Company (there can be more than one new investor). EPS would prefer the new capital to come in as Common Share Equity but would consider Preferred Shares or a variety of debt structures to satisfy the new investors’ risk appetite.

Why Significant Interest in EPS Turbines?

• Modular design for low cost, ease of manufacturing, assembly and field service
• Core turbine design is scalable up to 5.0 MW and can be deployed in series up to 20 MW
• Market interest received for a 3.0 MW product version
• The same turbine can operate on a variety of fuels from natural gas to very low BTU renewable fuels; significant commonality of parts

• One core engine to serve multiple energy efficiency and renewable energy markets:
  • Pure electric, and
  • Combined Heat and Power (CHP) with 85% total system efficiency
• Approximately 40% less weight and size of a reciprocating engine of equal power rating
• EPS products will meet existing and contemplated emission requirements in North America and the EU

Why EPS Wins

• EPS’s primary competition at the 1.0 MW - 3.0 MW power range is manufacturers of reciprocating engines along with a few, small turbine engine producers.
• EPS’s advanced intercooler and recuperator cycle technology offers significant advantages over competing products:
  • Better fuel efficiency
  • Lower operating and maintenance costs
  • Lower harmful exhaust emissions
  • Substantially lower down-time
  • Longer life

• Reciprocating engines contain hundreds of components; turbines require far fewer parts and are the engine of choice for continuous power generation operation
• Suppliers of reciprocating engines in the same power output range as an EPS turbine include Caterpillar, Jenbacher, Duetz, Cummins, Wartsila and Waukesha
• Turbine suppliers include Capstone, Dresser-Rand, Kawasaki, Opra and Solar Turbines