ClearCove was awarded an Outstanding Venture Award from the Department of Energy's National Renewable Energy Laboratory (NREL) on October 29th, 2014.

1. CONFIDENTIAL
National Renewable Energy Lab
Taking Energy Out of
Wastewater!

2. CONFIDENTIAL
What is ClearCove About
• There is MONEY in the sludge - STOP wasting money to destroy it
• ClearCove unlocks this energy by “harvesting” biomass from wastewater:
Innovative
– Municipal and Industrial
• Monetize the vision: Transformational
– We sell the equipment
– We create energy annuities for our clients AND ClearCove Systems
– Turn Cost Centers into Profit Centers - Accelerate adoption!
– Total Solution = Lower CAPEX = Industry changing
– Changing the Economics of Wastewater
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3. CONFIDENTIAL
An Industry
Problem…
• Same basic design since the 60’s & 70’s
• Conventional primary treatment typically removes 50% - 60%
percent of the Total Suspended Solids
• Typical reduction in Organics = 20% - 30%
• According to EPRI, 1.0% of the nation’s energy is consumed by
WWTP
• 75% of that can be attributed to the aeration process !
• Regulatory and Permit Violations on the rise - 40,000 Annual
Overflows (US News and World Report)

4. CONFIDENTIAL
Addressable Market
Municipal WWTP
• U.S.: 21,000 plants
• Europe: 45,000 plants
Industrial WWTP
• Thousands of Plants
• Organics Focused: Food and Beverage
– Sewer and Disposal rates continue to
increase
– Stress on municipal infrastructure
impeding growth
– Grants and funding for key economic
drivers, i.e. Dairy and Wine, on the rise
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Revenue opportunity per plant:
• $300,000 – $1,000,000: Equipment
• Energy Production Annuity
• Disposal Surcharge Reduction Annuity
Revenue opportunity per plant:
• $3,000,000-30,000,000: Equipment Sales
• $250,000 – $5,000,000 / yr.: Energy Annuity

5. CONFIDENTIAL
We change the dynamics of how a plant is built
• What is different about ClearCove solution… (simple!)
– We focus on the “front” of a plant
– Simple concepts efficiently executed
– We stop the flow: The only way to capture Supracolloidals (“Rocket Fuel”)
– We use gravity to filter the organics
– We unlock energy value
– We create 2.4-4.1 X’s the energy opportunity in Anaerobic Digestion
– We lower CAPEX
• We Monetize Digesters: 250-450+% improvement
…..It’s not about the digester – it is about the fuel!
• We take out energy cost: up to 50% used to power a plant
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6. CONFIDENTIAL
Existing
Process
ClearCove EPT
Removes 100% of Grit
100% of Fibers
All matter >50 microns

7. CONFIDENTIAL
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NYSERDA Pilot is concluding and we have
Exceeded our claims!

8. CONFIDENTIAL
Ithaca Primary
Incoming
Wastewater
Ithaca NY Results ClearCove’s
EPT Primary
Outgoing
The Best Biomass gets destroyed!
Suspended “Fuel”
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ClearCove Results
Ithaca Primary Outgoing

9. CONFIDENTIAL
Mining Energy - (ClearCovevs. Competition)
80%
70%
60%
50%
40%
30%
20%
10%
8
0%
“Biomass Harvest %”
130%
Better
91%
Better
68%
Better
Typical WWTF Salsnes CEPT ClearCove EPT

10. CONFIDENTIAL
Energy Savings
9
0%
-10%
-20%
-30%
-40%
-50%
-60%
Energy Reduction %
50% Less Energy!
Typical WWTP
Baseline
Salnes CEPT
ClearCove EPT

11. CONFIDENTIAL
Energy Production
10
2.5X
4.1X

12. CONFIDENTIAL
Current Highlights
• Intellectual Property: Sustainable Competitive Advantage
– 3 US Patents, 1 China Patent; 14 Patents Pending; 18 Invention Disclosures
• Pilots: Gen 3.0 and 4.0 “On the Road”
– 8 completed; 4 in the queue
• NYSERDA PON 2722
– $600,000 Grant 12/26/2013
• Customer Revenue Pipeline: 20 Customers ($33 M)
• Customer Revenue Positive in 2014
• Business Development: Direct and through strategic partners
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13. CONFIDENTIAL
Energy Production: The Energy Value of ClearCove “Harvested”
Feedstock
• It’s not about the Anaerobic Digester, It’s about the fuel that feeds
them…
• Biomass = Energy
• High Value Biomass = MORE Energy
• ClearCove Energy Value in Anaerobic Digestion - NYSERDA Pilot Results
• 2.5 - 4.1X The Industry Standard
for Anaerobic Digesters
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14. CONFIDENTIAL
Case Study
Examples:
Case Study 1: Municipal
• Forced Upgrade, Consent Order
• Capital Expense Savings: $4.6MM (30%) vs Traditional Engineering Design
• Total Energy Benefit Annually: $135,000-335,000
• Landfill Cost Reduction = $50,000/yr.
• Will meet EPA 10 State Requirement
Case Study 2: Municipal
• Forced upgrade
• Capital Costs of CCS: $4M; Needed to upgrade anyway. So no incremental expense
• Total Energy Benefit Annually: $650,000
• Landfill Cost Reduction = $80,000/yr.
Case Study 3: Municipal
• Forced Upgrade, Consent Order
• Capital Expense Savings: $2.6MM (40%) vs Traditional Engineering Design
• Total Energy Benefit Annually: $80,000- 150,000
• Landfill Cost Reduction = $35,000/yr.
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15. CONFIDENTIAL
Capitalize on Entire Solution
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Construction Retrofit Build
Energy/Digester Recurring Revenue

16. CONFIDENTIAL
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President/COO
Previous President -
Unisource Worldwide;
Corporate Officer of
Several Companies
CFO
Previous CFO of
Several Public,
Private
Corporations; M/A
Experience
Board of Advisors Examples (All are investors):
– Rick Schwerdtfeger, Ph.D - Former NREL Scientist
– James Fralick- Former Chief Economist of Morgan Stanley; Federal Reserve
– James Hotchkies - Consultant and Former Corporate officer of Xenon
(acquired by GE)
CTO
30 Years in
Wastewater
Design
CEO
Previous President
– Flextronics;
Corporate Officer
of Eastman Kodak

17. CONFIDENTIAL
• Energy Production: 2.5X – 4.1X energy harvested
• Energy Reduction: 50+% less energy to operate
• Regulatory Compliance Assured: Operations Reliability
• Capital Costs Reduction: less versus today’s technology
• Capacity Imrovement: Can doubles within same footprint
• Cleaner Water: Changes Infrastructure Game for a Water Starved Planet
• Automation: Smart Operations
• Greener / Cleaner: Reduces Millions of tons of CO2
12/15/201
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16
ClearCove Systems

18. CONFIDENTIAL
Rethink. Reduce. Renew.