Witt Limited has developed a technology called the WITT that can harvest energy from motion and convert it into electricity. They have created prototypes and demonstrated the technology to potential customers. The document discusses Witt Limited's plans to commercialize the WITT technology. Their first application will be marine WITTs to generate electricity from motion in boats, buoys and other floating devices. They are working with companies like Schaeffler and Ricardo to bring the marine WITT product to market. Long term, they aim to develop larger scale applications capturing wave and wind power, as well as smaller portable devices to power things like soldier backpacks and recharge smartphones.

1. HARVESTING
MOTION
INTO
ELECTRICITY
WITT LIMITED
Generating power from motion.

2. 02
WITT-ENERGY.COM
+44 (0)1752 830534
The WITT
has universal capability
because motion is all
around us.

3. 02
WITT-ENERGY.COM
+44 (0)1752 83053403
WITT-ENERGY.COM
+44 (0)1752 830534
We have built prototypes to demonstrate how our technology
can generate electricity from motion. We have used these
prototypes to show our potential customers, engineering
partners, agents, technology experts and global businesses
how good the WITT is. These contacts share our excitement
about what the WITT is able to achieve in terms of generating
renewable power where it is needed and are engaging with
us to bring our technology to market. We have customers
wanting product.
The WITT technology converts
motion into electricity
THE NEXT STEP IS TO TAKE THE WITT TECHNOLOGY
INTO MANUFACTURING FOR OUR FIRST APPLICATION.
EXECUTIVE SUMMARY

4. 04
WITT-ENERGY.COM
+44 (0)1752 830534
ABOUT
THE WITT
Why it is so compelling!

5. The WITT
A patented, completely
scalable (cm to mtrs),
affordable energy
harvesting technology
that converts motion
into electricity.
FUTURE APPLICATIONS
Numerous defence applications,
Small Personal consumer power units,
Large Scale Marine applications,
including grid scale ocean power,
wind power units, etc.
1ST APPLICATIONS
Boats & Buoys, and small scale
marine power applications.
1
2
05
WITT-ENERGY.COM
+44 (0)1752 830534

6. WHY WITTS
ARE NEEDED
Increasing demand for new types of renewable
energy, both at high power levels and low
power levels, also the need to power electrical
devices anywhere, where there is no access
or limited access to mains power. Also:
Legislative and economic demands require
an increase in renewable energy.
Traditional renewable energy faces
planning real estate constraints on land
means new renewable energy solutions
are needed to achieve emissions targets.
The WITT, a technology which converts
Motional Energy that is all around us to
provide electrical power from:
Humans Animals moving
Boats, buoys anything floating
on the sea, including gridscale
power generation
Trains other transportation
Wind, and anything with motional energy
THE PROBLEM THE SOLUTION
06
WITT-ENERGY.COM
+44 (0)1752 830534

7. 07
WITT-ENERGY.COM
+44 (0)1752 830534
Witt Limited’s energy harvesting solution
has the capability to achieve significant
growth in the High Power Energy
Harvesting Market.
I am excited to hear that they are working
with Ricardo and Schaeffler to bring this
product to market, and provide an energy
solution where power is often unavailable.
The potential is enormous, the need
very compelling.
Dr. Peter Harrop
Chairman, IDTechEx
IDTechEx are experts in the Energy Harvesting sector
and have prepared research papers on the subject
which are read internationally.

8. The concept is a beautifully engineered and very
impressive mechanism using differential gearing.
Viewing the device in operation raises a complete’
wow factor’ from seeing the pendulum continually
spin the flywheel.
This has clearly taken a fair deal of working out
and engineering brilliance to achieve the slick
mechanism demonstrated.
A significant benefit is that the device could
be hermetically sealed for life, maintenance
free and fouling on the outside should not
affect its operation.
Numerous potential marine and other applications...
Head of New Product Innovation, Global Manufacturing
and Sales Company (provided confidentially)
08
WITT-ENERGY.COM
+44 (0)1752 830534

9. 09
WITT-ENERGY.COM
+44 (0)1752 830534
HOW IT
WORKS
How it is able to convert motion from any direction into electricity!

10. 10
Contained within a sealed unit, WITTs utilize a 3D pendulum
which drives the transmission system, converting all motion, in
any combination of the six degrees of freedom, into a single
unidirectional rotation of a flywheel, to produce electricity!
WITT‘s harvest chaotic motion, fast, slow or erratic, turning into
useable power. No other energy harvesting system can capture
this full spectrum-thus the WITT absorbs up to 100% more
energy compared to other devices!
CLICK HERE TO WATCH THE DEMO
WITT-ENERGY.COM
+44 (0)1752 830534
CONVERTING MOTION
INTO ELECTRICITY
How does the WITT convert all this motion
into electricity?

11. 11
1
2
3
4
5
6
1
2
3
5 4
6
Rotation around 1st axis
Rotation around 2nd axis
Rotation around 3rd axis
Back and forth
Side to side
Up and down
Whatever Input to Torsion Transfer is a uniquely
developed technology.
MOTION = USEABLE POWER
WITT - CAPTURING
6 DEGREES OF MOTION
WITT-ENERGY.COM
+44 (0)1752 830534
No other device captures
energy from all 6 degrees
of motion!

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WITT-ENERGY.COM
+44 (0)1752 830534
WAVE
TANK
CLICK HERE TO WATCH THE DEMO
The video clip demonstrates the WITT’s
capability to generate power through
rotating the flywheel where there is
relatively little wave motion.
Housed in a protective sphere, the WITT works without
being directly exposed to the elements.

13. 13
Completely scalable patented platform technology.
Only energy harvester to capture all motion.
1st global personal energy harvester capability.
Low cost, clean tech, recyclable.
Unlike solar, collects power 24/7 reducing maintenance.
Sealed structure, protected from external elements.
WITT’s will be designed to be maintenance free.
VALIDATION POWER GRAPHS
BY GLASGOW UNIVERSITY
Generates much more energy than competing systems.
A 1.5m arm unit could provide 60kW of power.
A 6.5cm arm unit could provide 8W power.
Large scale WITTs can generate Mw of power at sea.
WITT-ENERGY.COM
+44 (0)1752 830534
WITT LTD
USPs
POWER CAPACITY OF 1.5M ARM WITH 1.3M SUPPORT DISPLACEMENT
POWER CAPACITY OF 0.065M ARM WITH 0.056M SUPPORT DISPLACEMENT
10
8
6
4
2
0.2 0.4 0.6 0.8 1
0
Torque, Nm
Mass=2kg
Mass=1kg
Mass=0.4kgPower,watts
70000
60000
50000
40000
30000
20000
10000
5000 10000 15000 20000 25000 30000
0
Torque, Nm
Power,watts
Mass=2700kg
Mass=1080kg
Mass=810kg

14. 14
WITT-ENERGY.COM
+44 (0)1752 830534
THE FIRST
APPLICATION
Marine WITTs for boats, buoys and floatation devices.

15. 15
MARINE
TECHNOLOGY
WITT LIMITED HAS SECURED
GLOBAL COMPANY SUPPORT TO
BRING THE FIRST MARINE WITT
TECHNOLOGY TO MARKET.
WITT-ENERGY.COM
+44 (0)1752 830534
Schaeffler is a global bearings and components supplier for applications
including automotive, wind turbines and ocean power applications (their
turnover was €12.1bn in 2014). They are very impressed with the WITT
technology and have agreed to provide their own RD support to bring
the Marine WITT without cost to Witt Limited.
Ricardo is a global engineering consultancy employing over 2000
engineers around the world, providing world class engineering and
product development expertise to bring new products to market.
It is working with Ricardo and Schaeffler to ensure
that it brings its technology through to production.
These are global companies with the necessary skills
and an established track record of bringing new
technologies to market.

16. We are delighted to be working with Witt Limited
to develop their marine power energy harvester.
Indeed we see our expertise in bearing technology
for the marine sector as being highly beneficial in
bringing the WITT technology to market.
Schaeffler is committed to the development of
renewable energy solutions that have the potential
to make a significant positive impact on climate
change. Water power is an important renewable
energy resource, and the capability to generate
energy from ocean waves represents a key future-
oriented growth field for Schaeffler.
Stewart Davies
Principal Applications Engineer, Schaeffler (UK) Ltd
16
WITT-ENERGY.COM
+44 (0)1752 830534

17. We are delighted to be engaging
with Witt Limited to work with
the company to bring their WITT
technology through product
development into production.
Thomas Gutwald
Managing Director, Ricardo Innovations
Here’s an example of Ricardo’s skills used in
developing an award-winning flywheel energy
storage technology.
17
WITT-ENERGY.COM
+44 (0)1752 830534

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WITT-ENERGY.COM
+44 (0)1752 830534
Our Vendée Globe Energy Challenge project goal is
to showcase the potential of the latest innovations in
renewable energy production.
Demonstrating this zero-emissions vehicle in
extreme environments, producing its own energy
in total autonomy represents a powerful statement
in today’s capabilities, enabling an accelerated
transition towards sustainable energy models.
Witt Limited’s pioneering new technology for
harnessing renewable energy, and capturing
dynamic wave motion to turn this into useable
power is of great interest to the team.
Phil Sharp
Round the World Yachtsman
There are also many lifesaving and ocean survival applications
where energy power is needed and we are delighted to have the
RNLI and global survival company, Survitec, wanting to deploy
our WITTs at sea. Of course Lloyds Register is keen to help WITT
as we progress, Health safety at sea is a global issue.

19. 19
WITT-ENERGY.COM
+44 (0)1752 830534
Survitec leads the market globally in
marine, defence and aerospace survival
technology.
We see the WITT as providing many survival
applications across these markets, and
we will be interested in working with the
company as they bring these solutions
to market.
Stewart Gregory
Survitec Group Technical Capability Director
Survitec is a global market-leading provider of
mission-critical marine, defence and aerospace
survival equipment.

20. 20
WITT-ENERGY.COM
+44 (0)1752 830534
FURTHER
APPLICATIONS
To be developed when contract manufacturing partners identified.

21. 21
WITT-ENERGY.COM
+44 (0)1752 830534
DISMOUNTED
SOLDIER
Positioned in the base of the backpack, provides up
to 10W of power in soldier backpack.
Customer driven with interest from defence agencies.
Soldier modernisation market worth c.$6.5bn pa.
Wide consumer market including Hikers and
Preppers in addition to soldier market.
MARKET WORTH
PER ANNUM
$6.5bn

22. I am greatly encouraged by Witt Limited
working with Ricardo and Schaeffler to bring
their first product – the marine WITT - to
market. JGW Group sees tremendous potential
for the WITT technology in the dismounted
soldier backpack and other defence and
homeland security applications.
Andrew Wilson
President, JGW Group - retained US Agent for selling the WITT
technology in the Defence and Homeland Security markets
22
WITT-ENERGY.COM
+44 (0)1752 830534
Since the company’s inception in 1980, JGW has booked
an impressive sales volume of over $6 billion for their
clients, helping many of them grow to become market
leaders in their respective sectors.

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WITT-ENERGY.COM
+44 (0)1752 830534
SMARTPHONE
RECHARGE DEVICE
Micro WITT (golf ball size) to provide back up power.
Enables the use of phones, tablets, etc whilst on the
move ensuring the person can recharge with their
motional input.
Wide consumer market.
MARKET SIZE
SMART PHONES
SOLD IN 2013
1.8bn

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WITT-ENERGY.COM
+44 (0)1752 830534
CAPTURING
WAVE POWER
No existing technology provides a consensus choice.
A sealed WITT is resistant to harsh sea environment, a ‘fit
forget’ solution.
WITT will harvest power from surge pitch, sway roll, with NO
SHOCK LOAD.
This offers twice the capacity for wave power conversion than
other devices.
WL working with Mojo Maritime, DNV GL, OREC, MCT ReMan,
Universities of Bristol Southampton in feasibility re generating
offshore grid scale power.
WAVE ENERGY
COULD POWER
OF THE
EUROPEAN GRID
15%

25. 25
WITT-ENERGY.COM
+44 (0)1752 830534
CAPTURING
WIND POWER
CLICK HERE TO WATCH THE DEMO
The global small wind power market was
valued at $776.8 million in 2014 and is
projected to grow at a CAGR of 19.5%
from 2014 to 2019, to reach a market size
of $1,895.0 million. Source Research and
Markets July 2015.
Witt Limited, with its new dragonfly concept of capturing wind
power from any direction for use by households where there
is access of low level wind, see the WITT as providing a future
wind harvesting technology that could be developed for a global
market. This will avoid having to install higher level wind turbines
to capture wind power.

26. TECHNOLOGY
COMMERCIALISATION ROADMAP
2015 2017 2019
DEVELOPMENT
MARINE BUOYS
*PORTABLE BACK-UP POWER
*INTERNET OF THINGS
(SMALL WITTS TO POWER
TRACKERS ETC)
DEVELOPMENT
DEVELOPMENT
DEVELOPMENT
SALE
SALE
SALE
SALE
OTHER SMALL
POWER MARINE
APPLICATIONS
LIGHT VESSELS
*BACKPACK DEVICES
**WAVE ENERGY
NOTES
* These applications expected
to be developed when suitable
partner identified.
** This application
to be launched through
licensing or joint venture.
26
WITT-ENERGY.COM
+44 (0)1752 830534

27. 27
WITT-ENERGY.COM
+44 (0)1752 830534
THE WITT
MARKETS
Large markets, readily accessible, exploiting with global partners.

28. 28
ID Tech Ex -the global market for energy
harvesters providing power off grid to
reach $2.6bn by 2024. WinterGreen
Research forecasts the market at $4.2bn
by 2019.
GRID SCALE OCEAN WITTS
The European Ocean Energy Association estimates
a EU potential of 188 GW by 2050, satisfying 15% of
European electricity demand and, in some countries,
e.g. the UK, up to 20% of national demand. The global
ocean energy market to be worth US$10.1bn by 2020
forecasts Transparency Market Research.
GLOBAL BOAT PARK FOR
RETROFITTING WITTS
At c.20mn+ boats – extrapolated from 2012
data from the International Council of Marine
Industry Associations.
CONSUMER WITT TO RECHARGE
MOBILE PHONES
According to Gartner, 1.8bn mobile phones
were sold globally in 2013. The International
Telecommunication Union (Feb 2013) assesses there
are 6.8bn global mobile subscriptions worldwide.
GLOBAL SOLDIER
MODERNIZATION MARKET
Worth $6.5bn – Mordor Intelligence.
WITT-ENERGY.COM
+44 (0)1752 830534
SIZE OF WITT MARKETS
RESEARCH DATA EXAMPLES

29. 29
WITT-ENERGY.COM
+44 (0)1752 830534
Sales of marine WITTs for small vessels will be achieved from web sales
utilising the Amazon model.
We shall sell the WITTs online and through marine retail outlets such as
West Marine in the US that has over 300 chandlery stores based around
harbours etc. Globally there are over 40 millions small vessels and yachts
that our marine WITT could be retrofitted to with many boat owners
wanting a power solution that does not use a diesel generator.
Specialist marine WITTs also to be sold as an OEM component to Ocean
survival companies such as Survitec for ocean survival products.
Sales of WITTs for instrumentation buoys to be sold as a retrofit
via global distributors such as Trelleborg, or a new build via OEM
manufacturers such as Planet Ocean Ltd.
Future applications - Soldier backpack WITTs sold using retained
agents in the US (JGW Group) or by linking up with and using the sales
channels of global defence entities such as General Dynamics Thales.
Consumer units to recharge smart phones could be sold online and via
global entities.
ROUTES
TO MARKET
1
2
3
4
5

30. LICENSING
AND
PARNERSHIPS
30
Witt Ltd will be the hub in commercialisation the WITT. The
central goal to improve and expand the core technology.
Finding dominant channel partners to access markets where
the WITT provides high added value will also be at the core
of WL’s activities.
Manufacture of WITTs to be undertaken by specialist contract
manufacturing partners.
WITTs can be volume manufactured as a complete system
sold on a stand alone basis, or as an OEM component for
integration within branded products tailored for various vertical
market sectors.
Initial Revenue to be from straight sales of marine applications.
Subsequently, after the first marine applications are
commercialised, future applications for other sectors will
be commercialised once appropriate teams are assembled
and demand pull is demonstrated.
BUSINESS
MODEL
WITT
‘THE HUB’
CHANNEL
PARTNERS
IN STRATEGIC
MARKETS
INTEGRATED
IN BRANDED
PRODUCTS
STAND-
ALONE
BUSINESS
WITT-ENERGY.COM
+44 (0)1752 830534

31. 31
OVERVIEW
(FOR MARINE BUOYS AND SMALL VESSELS)
WITT SOLAR BATTERIES
STRENGTHS
WEAKNESSES
PRODUCTS/SERVICES
DEPENDABLE SERVICE
SCALABLE TECHNOLOGY
ALREADY IN MARKET
LEVEL OF ENERGY
WITTs convert motional
energy in any direction into
electricity. Can compliment/
enhance solar/ battery power
Provides continuous
energy, Sealed unit requires
minimal maintenance
WL is entering the market
Yes 24/7 unlimited
Yes
No
Continuous High
No: Weather-dependent
Yes
Yes
Low relative to footprint
Yes but limited
No
Yes
Low
Solar panels are currently
very common for powering
marine buoys
Can produce energy
continuously under the
right conditions
Weather conditions vary. Highly
sunlight dependant. Panels
need to be continually cleaned
of bird droppings requiring
regular coastguard visits by ship.
Batteries are common in
boats/buoys but are often
complemented with solar
Batteries are dependable
in all kinds of offshore
environments
Changing battery miles from
land in rough ocean is time
consuming and expensive.
Energy output is reduced to
minimum to limit maintenance
COMPETITION
WITT-ENERGY.COM
+44 (0)1752 830534

32. 32
WITT-ENERGY.COM
+44 (0)1752 830534
WITT LTD
COMPANY

33. Ian Reeves CBE
NON EXEC CHAIR
Chair of GCP Infrastructure
Investments Ltd, a £680mn
FTSE 250 Company. Extensive
experience from numerous
roles including with the
CBI, CIB, UK trade roles,
and London First. Brings
considerable capability and
connections to the company.
Bill Corr NED
INNOVATION SPECIALIST
AT SCOTTISH
ENTERPRISE (SE)
Expertise in commercialising
tech companies. Fluids
Thermodynamics, Electrical
Electronic Engineer.
Mairi Wickett
CEO CO-FOUNDER
Career in Finance, Management
and Marketing including track
record of developing business
divisions. Holds a BA (Hons) in
Fine Art.
Edwin Strang NED
MD OF INDUSTRIAL
CHEMICALS GROUP LTD
Employees 360 staff and has
T/O of £93mn. Former Group
FD of Niscayah Ltd (formerly
Bell Group PLC). Completed
7 acquisitions to expand the
group internationally. A
UK CA Fellow of Institute
of Directors.
33
WITT
BOARD Martin Wickett
CTO CO-FOUNDER
A senior civil engineer
who designed and built
the WITT. Know-how and
expertise crucial to advancing
technology. Holds a BSc (Hons)
- Civil Eng.
Nicholas Gill
FD CORPORATE
ADVISOR
Former London merchant
bank director and Venture
Capital Executive. Track
record in raising equity
commercialising tech. BA
(econ) Cambridge.
We have brought in a highly
experienced chairman and
other board members with
track record of delivering
value to shareholders.
WITT-ENERGY.COM
+44 (0)1752 830534

34. 34
GRANTS
MARINE BUOYS
LIGHT VESSELS
TRAINS
PORTABLE BACK-UP POWER DEVICE
SMALL WITTS TO POWER TRACKERS
BACK PACK DEVICE
TOTAL REVENUE
MARINE BUOYS
LIGHT VESSELS
TRAINS
PORTABLE BACK-UP POWER DEVICE
SMALL WITTS TO POWER TRACKERS
BACK PACK DEVICE
TOTAL COGS
GROSS PROFIT
TOTAL OPERATING EXPENSES
EBITDA
PROJECTED
2015
(In GBP 000’s)
Fiscal year end August 31)
PROJECTED
2016
PROJECTED
2017
PROJECTED
2018
PROJECTED
2019
213
-
-
-
-
-
-
213
-
-
-
-
-
-
-
213
351
(138)
10
-
-
-
-
-
-
10
-
-
-
-
-
-
-
10
794
(785)
-
650
2,625
-
-
-
-
3,275
305
1,117
-
-
-
-
1,422
1,853
1,492
361
-
2,250
7,875
-
-
-
2,625
12,750
1,022
3,352
-
-
-
1,453
5,827
6,923
2,440
4,484
-
3,750
13,125
-
9,000
2,625
5,250
33,750
1,703
5,586
-
5,438
1,256
2,906
16,889
16,861
3,545
13,316
FORECASTS
NOTES
The marine units will be
the first to manufacture
using Ricardo Schaeffler
to bring the WITT to
manufacturing readiness.
It is likely that these same
partners could be used
with the back pack WITT
or alternatively a defence
related business.
The smaller consumer
WITT will be developed
with global partners
with expertise in micro
engineering. The
timescales shown are all
readily achievable.
WITT-ENERGY.COM
+44 (0)1752 830534

35. 35
REVENUE
COGS
GROSS PROFIT
EBITDA
EBIT
NET PROFIT/LOSS
PROJECTED
2015
UNAUDITED
2014
(In GBP 000’s) PROJECTED
2016
PROJECTED
2017
PROJECTED
2018
PROJECTED
2019
83
-
83
(7)
(8)
(30)
213
-
213
(138)
(144)
(144)
11% MARINE BUOYS23% BACK
PACK DEVICE
8% SMALL
WITTS TO
POWER
TRACKERS
27% PORTABLE
BACK-UP POWER
DEVICE
39% LIGHT VESSELS
10
-
10
(785)
(950)
(938)
3,275
1,422
1,853
361
192
184
12,750
5,827
6,923
4,484
4,147
3,743
33,750
16,889
16,861
13,316
12,642
11,389
P L
E X I T T U R N O V E R B R E A K D O W N
2019
An initial return to be sought within 5 years by
securing a market listing or a trade sale of either
the whole business or a subsidiary company if the
advantages maximise value to the shareholder base.
WL’s consumer device subsidiary, or defence
subsidiary could be sold off in isolation. Similarly a
Grid Scale Power subsidiary could be sold to the likes
of GE, Siemens etc.
WITT-ENERGY.COM
+44 (0)1752 830534

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WITT-ENERGY.COM
+44 (0)1752 830534
WL EQUITY RAISE
COST BREAKDOWN
PRODUCTIONISING
MARINE WITT
OTHER OPERATING
COSTS
MARKETING
OTHER RD
50%
35%
5%
10%
U S E O F F U N D S

37. 37
WITT LTD
ACHIEVEMENTS
Our technology and its capability has been widely recognised
both in the UK and the US. The WITT has won 12 awards and
grants since 2011 totalling over £700,000.
Winner of the prestigious Ocean Exchange (US) General
Dynamics Gulfstream ‘Leap to Zero’ award which included a
cash prize of $100,000 in 2013, Smart Grant s from Innovate
UK in 2014, and a Collaborative Grant to set out the WITT’s
capability to generate offshore wave power. WL is also a Shell
Springboard 2015 winner receiving a cash prize of £40,000.
Our current prototypes have generated interest from potential
clients and development partners including Ricardo, Schaeffler,
GDF Suez, US Department of Defence, Survitec, Liquid
Robotics General Dynamics. Also interest from yacht owners
including Phil Sharp the yachtsman seeking to sail around the
world on a completely emissions free basis.
There have been 3 angel funding rounds. The first in 2012 raised
£101,000 off a valuation of £1mn. The second in 2013 raised
£56,000 off a valuation of £4.5mn. The next raise in early 2014
secured £70,000 off a valuation of £7.4mn.
WITT-ENERGY.COM
+44 (0)1752 830534

38. 38
WITT-ENERGY.COM
+44 (0)1752 830534
Flete House, Ermington, Plymouth PL21 9NZ
www.witt-energy.com
@WITTEnergy
Mairi Wickett
CEO
mairi@witt-energy.com
+44 7456 169669
Nicholas Gill
FD
nicholas.gill@witt-energy.com
+44 7767 760290
+44 (0)1752 830534
CONTACT
WITT LTD