Powersines Systems develops and markets energy efficiency solutions for lighting and electric motors. Their patented voltage control technologies help stabilize voltage and reduce it by up to 35%, saving 15-35% in energy costs. Their compact lighting energy controllers can be easily installed on existing infrastructure and provide verified savings and a return on investment of 1.5-2.5 years. Over 23,000 of their systems have been installed globally in various applications such as street lighting, retail stores, and industrial facilities.

1. Energy Efficiency Using the Right Voltage www.Powersines.com www.GreenAcquisition.com 1-866-470-3065

2. COMPANY OVERVIEW Powersines Systems develops, manufactures and markets ready-to-use energy efficiency solutions for lighting and electric motors applications

3. Powersines A global provider of energy efficient solutions 75 years of cumulated experience in voltage control Strong R&D with and several patented technologies 23,000 units installed around the world Global network of distributors and partners US Office: Florida +1 (866) 999-5705 California Office Green Acquisition (866) 470-3065 Int’l office: Israel +972 (3) 538-2828

4. The Right Voltage Utilities provide one voltage level to all electrical circuits in the site/facility Peak hours can reduce voltage reducing light Utilities can not guarantee stable voltage Powersines’ systems control the voltage level for each applications - thereby improving efficiency 230V ± 10% 253V 207V 210V Control and Stabilize the voltage LOAD

5. The Right Implementation Full line of products that can be installed today No change to the existing infrastructure Powersines system is installed between the contactor and the circuit/load Clear and measurable results Load: Lighting Load: Electric Motors

6. Right Voltage = Savings Direct electrical savings of 15% – 35% Reduce TCO by up to 45% Reduced maintenance costs ROI between 1.0-2.5 years Reduced CO2 for a greener environment Global approval from high profile companies 30 Years Proven Products Bring Immediate Business Benefits to Global Companies

7. The Right Markets Available today, Ready to Install, Ready-to-Use Verified electrical and CO2 savings you can measure in a growing number of blue chip companies Lighting Commercial and Public Electric Motors Industrial and Escalators

8. TECHNOLOGY OVERVIEW

9. Basic Principles

10. Alternative: Phase Control Generates harmonics - High THD, Low PF Creates flickering lights which disturb the eye Reduced lifespan Negative effect on motors: Lagging current Increase losses CCW harmonics reduce motor torque Not reliable

11. Alternative: Autotransformer Bulky size No control Multi-tap control is not reliable No voltage stabilization High losses: 5% All energy is transformed through the device Requires special cooling systems PES System LEC B 3x80A Size: 43 x 24 x 28 cm Weight: 134 Kg Losses: 250 – 300 W Typical Autotransformer 3x80A Size: 100 x 50 x 75 cm Weight: 300 Kg Losses: 1500 – 2500 W

12. Technology – The Right Voltage Patented technologies for SINUSOIDAL Voltage Control Voltage Vector Combination (V V C) Induced Negative Voltage (I N V) Transforming only the required part of the voltage Harmonics mitigation Enables small footprint 6 - 10 times smaller than full power transformation Line Voltage Induced Voltage (INV) Supplied Voltage

13. Technology Principles (Lighting Example) 277V Sin( ω t) + 60V Sin( ω t+ π ) = 217V Sin( ω t) 277V Sin( ω t) - 60V Sin( ω t) = 217V Sin( ω t) 277V 60V 217V 277V 60V The idea is very simple 217V Control Load

14. Block Diagram Line voltages: Motors: 400V or 480V Lighting: 230V, 220V, 277V Transformed voltages: Motors: 100V Lighting: Up to 35V, 60V Controller Load Transformed Voltage Line voltage Output Voltage V, I, kW, PF Measurement Accumulator Σ Protection Conditional Voltage Transformer - + -

15. Technology Advantages Produce a pure sinusoidal voltage wave System solution installed at electrical circuit No electrical distortions: THD < 1%, No EMI Compact size and light weight 15% to 35% savings (Possible rebates) 99.5% Efficiency (Very low losses: ~ 0.5% = less heat) CO2 reduction and carbon credit Reduction in property maintenance cost Most cost affective solution for high voltage lighting

16. Technology Platform Sinusoidal Voltage Control Lighting Energy Controllers Motor Efficiency Controller New, Future Products

17. LIGHTING ENERGY CONTROLLERS

18. Lighting Applications and Markets Outdoor Indoor Lighting Systems

19. LEC - Lighting Energy Controller Energy saving (Utility rebates) Voltage stabilization (Stable light) Compact size and light weight Highly efficient – 99.5% (CO2 Credit) No change to existing infrastructure Easy installation (Minimal down time) Reduce maintenance and re-lamping costs No change to light bulb (Possible increase 2 times bulb life) No change to ballasts

20. LEC – Advanced Features Voltage control and stabilization using patented technology (No competition) Built around proprietary design of transformers controlled by a microprocessor Astronomic clock with time zones (Saves 5% - 10% energy) Integrated bypass Built-in protection mechanism (Electrical Storms etc.) Integration with EMS/BMS and remote control systems

21. LEC A Input Voltage 277V (L - 0); 480V (L - L) Voltage Reduction Up to 60V (s/w setup) Communication RS232 / RS422 Internal clock Astronomic clock; 4 time windows Technical Specifications Display LCD: V, A, CosF, KW (Saving) Protection Over A, Over T, Under V LEC A 3x30A 24 x 10 x 16 (In) Product Range 97lb. LEC A 3x50A 24 x 10 x 16 (In) 97lb. LEC A 3x80A 25 x 12 x 21 (In) 143lb LEC A 3x100A 25 x 12 x 21 (In) 143lb. LEC A 3x125A 31 x 12 x 23 (In) 282lb. Line Voltage Saving LEC A Output 277V 217V Ignition & Warm-Up 15 Minutes THD < 1% Street lighting with advanced control and astronomic clock. HPS and Meta l Halide lamps Applications

22. LEC A sp Input Voltage 120V (L - N); 240V (L - L) Voltage Reduction Up to 35V (manual) Technical Specifications Display LED (Save/Bypass) Protection Over A, Over T, Under V LEC A sp 10A 17 x 6 x 5 (In) Product Range 24lb. LEC A sp 16A 17 x 6 x 5 (In) 24lb. LEC A sp 20A 17 x 6 x 5 (In) 29lb. LEC A sp 25A 17 x 6 x 5 (In) 29lb. LEC A sp 30A 17 x 6 x 5 (In) 29lb. THD < 1% Line Voltage Saving LEC A Output 240V 205V Ignition & Warm-Up 15 Minutes Street lighting, Logistic centers, Retail HPS and Meta l Halide lamps Applications

23. Voltage Stabilization Stabilizes voltage supplied to the lighting systems Reduces voltage fluctuation Increases savings Extends lifespan of lamps Extends lifespan of e-ballasts 230 V LEC A Output – Stabilized at 210V ± 2.5V 210 V Line voltage MH and HPS lamps Fluorescent T5 and T8 with electronic ballasts LEC A LEC A sp

24. Astronomic Clock Adjustable ON and OFF according to times of local sunrise and sunset Increase savings by additional 5% – 10% Adjusted by geo coordinates Built-in, no additional h/w required Street, road lighting, highways Parking lots Community centers/parks LEC A LEC B Super

25. Time Windows Adjustable voltage level to control light intensity according to traffic density and pedestrian activities Four time windows in 24 hours Different levels of voltages for each zone Optimizes saving of electricity Street and road lighting Highways LEC A LEC B Super SAVING 15V 35V 18:00 21:00 5:00 7:00

26. LEC Screens – Time Windows On this screen you can set the start/stop times, as well as the desired output voltage. On this screen you can set the stop time and the desired output voltage On this screen you can set the stop time, and the desired output voltage On this screen you can only set the desired output voltage } 1 { 0 0 : 8 0 t r a t S V 0 1 2 0 0 : 4 1 p o t S } 2 { 0 0 : 4 1 t r a t S V 5 0 2 0 0 : 0 2 p o t S } 3 { 0 0 : 0 2 t r a t S V 5 1 2 0 0 : 2 0 p o t S } 4 { 0 0 : 2 0 t r a t S V 0 0 2 0 0 : 8 0 p o t S

27. LEC A: Re-Ignition Several lighting circuits are connected to the device Lights are turned on by the users The LEC detects an increase in the current (over 5A can be set) and starts the re-ignition sequence, providing full voltage Default: Re-ignition is Off Line Voltage Saving LEC A Output 277V 215V Ignition

28. Internal Automatic Bypass Automatic protection to bypass the LEC during overload or over-temperature conditions Activated when the transformer’s temperature is over 140°C Prevents lights from switching OFF Protects LEC from damage Indoor: Retail, logistic, industry, offices, etc. Outdoor lighting LEC A LEC B Super LEC B

29. Manual Bypass Manual bypass for maintenance and services Manually switches between SAVE and BYPASS modes Important for maintenance and service purposes Indoor: Retail, logistic, industry, offices, etc. Outdoor lighting LEC A LEC B Super LEC B

30. Maintenance and Re-Lamping Stabilize and reduce voltage to lighting elements Extends lifespan Reduce re-lamping cost 80 100 60 40 4,000 8,000 12,000 16,000 24,000 20,000 240V 225V 210V Lifespan of HPS lamps vs. Voltage Operating hours

31. Product Matrix LEC Model Voltage Reduction Range Saving Lamps Type Stabilization IBP LEC A 35V 3x20A – 3x250A <35% MH, HPS Fluorescent Yes Yes LEC B Super 25V 3x20A – 3x160A <25% Fluorescent HPS No Yes LEC B 25V 3x20A – 3x160A <25% Fluorescent No Yes LEC A sp 35V 1x10A – 1x25A <35% MH, HPS Fluorescent Yes Ext ecoLite 25V 1x6A – 1x16A <25% Fluorescent No No

32. Total Cost of Ownership Reduce conductivity losses Reduce maintenance/re-lamping cost Reduce HVAC power consumption in buildings Adjust operation hours to the application need Reduce TCO by up to 45%

33. Competitive Analysis Matrix Description Powersines Auto-transformer Phase Controller Technology Induced Negative Vector Frontal Multi-Taps Wave chopper Design 3-phase transformers Single phase transformers SCRs Product Range 1x10 – 3x250A 3x30A – 3x250A < 3x50A Internal Losses 0.5% 3%-5% 3%-5% THD and EMI <1% <1% High Weight Low Heavy Low Dimensions Compact Big Compact Installation Simple Costly due to weight and size Simple Power Factor Correction Yes Yes PFC must be removed

34. Competitive Analysis - Outdoor Description Powersines Electronic Ballast Technology Voltage control Current control Design 3-phase proprietary transformers controlled by a microprocessor SCRs. High frequency switching Solution System solution Installed in an electrical distribution cabinet Component Installed in each luminary . Special consideration for heat dissipation and size Reliability Reliable. Low risk. Manual bypass Not reliable. High Risk Bypass is not possible Compatibility One LEC system for all types of outdoor lighting Dedicated ballast for each lighting system Installation cost Low The same infrastructure Very high. Requires to change infrastructure ROI 2-3 years > 5 years Maintenance Low Very high

35. LEC APPLICATION EXAMPLES

36. Huttig Building Products Two LEC 125Amp Controllers Over 29% Savings-LEC only Savings 40-50% with More Efficient Fixtures

37. Street Lighting - Budapest Street and area lighting Lamp type: HPS 70W, 100W, 150W, 250W System Configuration LEC B Super: 3 x 30A – 3 x 160A Astronomic clock Saving time schedule Total: over 200 units Average savings: 25% Typical outdoor installation

38. Highway Lighting – Santiago Chile Central highway through Santiago, Chile About 60 km main highway with sideways, tunnels and interchanges Total 450 units of LEC A and LEC B

39. Outdoor Lighting - Airports Schiphol Airport About 40 LEC units LEC A 3x30A – 3x80A Typical savings: 19% – 25% 230 V LEC A Output Stabilized at 207V ± 2.5V 207 V Input/Line voltage SAVING

40. High Mast – Airports & Terminals Brussels airport – apron & outdoor Luik airport – apron & outdoor DP World, Antwerp – high masts

41. Office Buildings - IBM Offices, Underground parking, Outdoor Lamp types: Fluorescent, HPS and MH Pilot project savings results: 22% System configuration LEC B 3x30A, LEC B 3x50A ECOLITE Annual saving results Savings: 22.7% KWH: 286,300 US$: 40,082

42. Fast Food Chain - McDonald’s LECs installed in over 200 restaurants in Switzerland, Poland, Israel and Romania Kitchen, restaurant area and outdoor lighting LEC A 3x30A – LEC A 3x50A LEC B 3x30A – LEC B 3x50A Typical savings: 20% – 25% ROI: 1.5 – 2.5 years

43. Gas Stations Area lighting, canopies, convenience store HPS, MH and fluorescent lights Over 1000 units LEC A 3x20A, 3x30A or LEC A sp LEC B Super 3x20A, 2x30A Typical savings: 20% One LEC unit for all lighting circuits Installations: OMV, PAZ, SONOL, RomPetrol

44. Retail Chain - TESCO Store and outdoor parking lot LEC A and LEC B - 3x30A – 3x100A Lamp type: Fluorescent, PL and HPS Saving figures 25% € 205,000 in two years Other retail installations: Carrefour, Toys’R’Us, ACE, Maxima…

45. LEC Summary Justified investment with ROI of 1.0-2.5 years Clear and measurable results Immediate savings Compact and easy to install No change to infrastructure Field proven

46. Verified Electrical & CO2 Savings Saved until now (US$) LEC installed Yrs ago Prevented Coal Burned (Kg) Prevented CO2 Emission (Kg) Annual Saving (US$) Client $1,600,000 5 563,190 1,126,000 $580,000 Budapest Hungary $35,000 1 - - $24,000 FedEx Florida $530,000 1 445,000 890,000 $530,000 Carrefour Romania $36,000 1 40,000 80,000 $36,000 Coca Cola Poland $150,000 3 48,000 96,000 $50,000 McDonald’s Poland Return on Investment 1.5-2.5 years

47. Verified Electrical & CO2 Savings Saved until now (US$) LEC installed Yrs ago Prevented Coal Burned (Kg) Prevented CO2 Emission (Kg) Annual Saving (US$) Client $205,000 2 150,000 300,000 $170,000 Tesco Hungary $250,000 1 265,000 530,000 $250,000 Maxima Latvia $65,000 1 82,500 165,000 $65,000 RomPetrol Romania $200,000 2 90,000 180,000 $100,000 OMV Romania $260,000 3 67,500 135,000 $87,000 Schiphol Holland Return on Investment 1.5-2.5 years

48. References – 23,000 Systems Installed Budapest Street Lighting Geneva Street Lighting Over 90 municipalities in Israel

49. COOPERATION WITH POWERSINES

50. POWERSINES Contribution Innovative technology Wide range of energy efficiency solutions Advanced R&D and ability to provide customized products Proven experience in international sales & marketing Expertise in a wide range of installations Strong professional services

51. Professional Services Comprehensive technical support On-site support, installation and maintenance Professional training, education and certification Consultancy and energy auditing

52. Summary Advanced and innovative products built on proprietary, field-proven technology Cost-effective solution for energy efficiency in wide range of applications Measurable Return on Investment Increased revenue stream for our partners Contributes to a more efficient use of energy and a cleaner, greener environment

53. Case Studied and References USA

54. Macy’s Tampa Florida Introduction to LEC in 2004 led to site survey 5 location in building could achieve energy efficiency with the LEC Macy’s agreed to Pilot project of one LEC Installed July 2004 Data logged indicated 31.8% savings Based on results, additional 4 units were ordered No disruption to operation All units performed as promised

55. Reference Letter – Macy’s Based on these results, we ordered an additional four (4) lighting controllers. We recommend looking at what they can do for you

56. TimBar Packing & Display Box packaging plant with HID lighting 137 indoor lights 12 outdoor lights Savings of electricity with LEC = 25% Simple, easy installation Additional lighting recommendation Change 400-watt lights to 320-watt No change to infrastructure Combination of savings = 57% Surveyed 4 additional plants with scheduled installations of LEC

57. Reference Letter - TimBar We are very pleased with the results and the simple installation of the Lighting Controller and can confidently recommend Power Electronics Lighting Controllers.

58. Bridgeport Street Lighting Bridgeport’s street lighting bill was $2.5 million last year projected to pass $3.5 million this year because of higher electricity rates LEC was installed in the electric box controlling 40 decorative streetlights Month long test showed overall reduction of 25% in energy usage Bridgeport plans new design specifications that would encourage the use of these devices

59. Reference Letter – City of Bridgeport ..…. they can reduce the amount of electricity it takes to run 40 city street lights by about 25%.

60. FedEx Ground, Orlando 356 HPS and MH lamps Present Electric Cost: $93,712 per year Interior lights operate 24 hours a day, 5.5 days per week Exterior lighting operates 12 hours a day, 7 days per week LEC installed on 4 circuits Savings 26.5% Annual Savings $23,999 ROI 16.6 Months

61. Reference Letter – FedEx Ground I am happy with the results, and based on my experience, recommend these Lighting Energy Controllers manufactured by Power Electronics.

62. Huttig Building Products, Florida Electric Cost is $92,873 for lighting Interior warehouse and production has 132, MH Lights 24 hours 5 days per week Exterior has 35 MH Lights operate dusk to dawn daily Installed Two LEC A Tp Savings 28.9% Annual Savings $26,898 ROI 17.2 Months

63. Huttig Building Products A Dent Elog Data Logger measured and recorded amps, volts, Kw, kva, kvar and power factor.

64. Huttig Building Products, Texas Before LEC KWH 792,950 $79,291 After LEC KWH 545,003 $54,497 Savings KWH 247,947 $24,793 Savings of 31%

65. Reference Letter - Huttig The savings were again measured 1 ½ years after the units were put into operation, and the savings for both units was again 29%. I recommend this energy saving solution of the lighting energy controllers manufactured by Power Electronics Systems.

66. Thank You www.GreenAcquisition.com 1-866-470-3065