VAST Power Systems, Inc.

VAST: Mission/Team/Technology

Value Added Steam Technologies

2824 17th Street, Elkhart, Indiana 46517 Telephone 574.970.4800 info@VASTPowerSystems.com
Our Mission - Our Goals

ONE MISSION:
To serve God by profitably building more efficient combustion systems with
exhaust so clean you can breathe it.
TWO GOALS:
Clean Power + Good Stewardship
Clean Power means making affordable power and heat with virtually no
pollution.
Good Stewardship means being good stewards of who we are and what we
have been given: Our talents. Our resources. Our time. Our health - our
very lives themselves - all given to us as good gifts to be used in meeting
the real needs of people.
That's what we're about: bringing glory to God by providing Clean Power and
practicing Good Stewardship. By achieving those goals, we'll honor our
Lord, serve our stakeholders and fulfill our mission.

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Our Core Commitments
In response to Gods love, grace and mercy, we seek to:
Acknowledge Gods authority in our lives and His creation and
ownership of everything (ideas, resources, money, time).
Be obedient stewards by using the talents He has given us to
effectively develop cleaner, more efficient combustion systems,
thereby helping our stakeholders to reach their full potential. Our
stakeholders include investors, employees, vendors, customers and
their communities.
Understand and obey Gods will for our lives so as to bring Him
glory by the way we fulfill our callings as we serve people.
Align how we live with Gods commands and principles revealed
through His Word, the Bible.
Reflect, albeit imperfectly, by the way we live and do our work,
something of the nature of God; His sacrificial love, grace and
mercy as well as His love of beauty, quality and justice.

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Our Core Team

Gary Ginter, Chairman/Lead Angel Investor

Linkedin Bio: http://www.linkedin.com/in/garyginter
Principal in multiple start-ups and a major IPO.
Founding Principal in two private firms with combined value of over $320MM..
Partner in Hull Trading sold to Goldman Sachs in 1998 for $531 million.
Founding Angel Investor of many start-ups in communities of need worldwide.
Chairman of many non-profit organizations, several of which he helped found.

Dr. David Hagen, Chief Scientist

Linkedin Bio: http://www.linkedin.com/in/davidlhagen
PhD in Mechanical Engineering and MSc Chemistry, Univ. of Minnesota.
Extensive research & development on wet combustion, power systems,
hydrocarbon recovery, etc., filing 25 patents.
Broad experience in solar, Ocean Thermal Energy Conversion, and
alternative energy
Co-authored report on solar energy to reduce Australian greenhouse
gases.
R&D into direct coconut processing to increase local revenues by > 500%.
Lived 21 years in Australia and India; speaks Nepali.

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Our Core Team

Allan McGuire, Sr. Design Engineer

Linkedin Bio: http://www.linkedin.com/in/allanmcguire
B.S.E.E. and B.A. from Cedarville University.
Researches and models combustion systems and cycles.
Draft IP & manages IP process both internally & with outside IP counsel.
Born in Pretoria, South Africa and raised in Swaziland.
Maintained emergency telecommunications and internet access for front-
line relief operations after Pakistan's devastating earthquake of 2005.
Installed satellite uplink in Slovakia and managed operations of high
powered shortwave and AM radio transmission equipment in Swaziland.
Technical consultant for media ministries in South Asia.

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Our History

2010 Oil Recovery Liner Pat. Pend

2009 Built an Alpha test combustor
2009 Oil Recov. Equip. Pat. Pend
2008 CO2 Recycle Pat. Pend
2006 Wet Compression Pat. Pend. 2008 Enhanced Oil
2006 Progressive Combustor Recov. Pat. Pend.
test <1ppm NOx, CO 2006 Part Load Cycle Pat. Pend.
2005 Low Emissions Pat. Pend. 2004 - Wet Power Cycle Pat. Pend
1971 Converted 2004 Trifluid Reactor Pat. Pend
Boeing 502
Turbine 1997 Thermogenerator test <3ppm
NOx, CO Water/Fuel>10:1
1992 VAST Thermogenerator patents
1969 First
Ginter patent

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Our Technology Domains

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Our Technologies Wet Combustion

Demonstrated Stable Combustion at 700C/1290F

Conventional combustion > 1200C/2190F
Demonstrated (Water/Fuel) > 10:1 and
(Relative Air/Fuel) = 1.18 (stoichiometric=1.0)

Conventional combustion uses < 2.5:1

with relative air/fuel = 2.6-3.5

Combustor and
thermocouple
Combustor with
Thermocouple arm

EMISSIONS: NOx CO
Observed (3.8% O2) <2 ppm* <3 ppm*
Normalized 0.5 0.8
(@15% O2) 0.5 ppm 0.5 ppm

*Lower detection limits of

EPA-certified tester's equipment.

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Our Technologies Fluid Mixing

Mixes several fluids.

Increases combustion
stability.
Increases temperature and
distribution control.
Reduces emissions.
Lowers noise and
vibration.
Reduces pressure drop.

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Our Technologies Wet Compression

Increases compressor cooling.

Reduces compressor work.
Increases pressure ratios for
same thermal limits.
Smaller compressor footprint.
Injects water in each stage.
Less air required.

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Our Technologies Power Cycles

Replaces excess air with recycled water.

Increases component life.
Increases efficiencies.
g
en t
Improves economics. VASTIG
h
C in
Po
300 40
Increases net power. 280 FSTIG

Net Electrical Efficiency (%)

Specific Power (kW/lb/s)
260

Lowers emissions. 240
35
220

200

180
Net Efficiency (=15) 30
160 Net Efficiency (=12)

140
Net Efficiency (=9)
Specific Power (=15)
Brayton
Specific Power (=12)
120 Specific Power (=9)
TIT=1035C
100 25
1.0 1.2 1.4 1.6 1.8 2.0 2.2 2.4 2.6 2.8 3.0 3.2 3.4 3.6 3.8 4.0

Lambda (ratio to stochiometric)

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Our Technologies Hydrocarbon Extraction
Enhanced Oil Recovery & Bitumen Recovery
Delivers exhaust heat + steam + CO2 down hole.
Uses distributed CO2 generation onsite via combustion
process.
Recycles CO2 to achieve desired concentration ratios.
Compresses gas more efficiently.
Improves use of CO2 and steam.
Water 27.6 kg/s
Wellhead Efficiency ~ 96.2%
Fuel 1.76 kg/s 14.1 kg/s 13.6 kg/s
vs 83% for Boilers
O2 7.0 kg/s
Capital Cost < $5,000/bbl/d
1127C
Down Hole Fluid vs > $10,000/bbl/d boilers
99% pure O2 Thermogenerator VASTgas
36.3 kg/s @ 14 atm,
Compressor heat flow 92.7 MW
(Externally powered to 2.49MW 280C
@ 40% net electrical efficiency 6163 bbl/d at 1.3GJ/bbl
i.e. 6.23MW of heat)

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Our Technologies Hydrocarbon Extraction
Brownfield Remediation and Ocean Oil Spills

Destroys hydrocarbon
contamination on site.
No disposal required
Modular and portable.
Cleans contaminated
water.
Utilizes recovered
hydrocarbon for heat.

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Our Intellectual Property IP Map

April 19, 2010 2010 14

Our Intellectual Property

130+ applications filed in 24 countries.

40 issued patents in over 20 countries.
65+ independent and 1,100+ dependent claims
filed in the US.
$6,500,000+ in today's dollars invested into
intellectual property with over $3 million invested
since 2001.

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Our Services

Energy/Environment research and development.

Research/evaluate/improve energy technologies.
Apply wet combustion and power methods.
Leverage our extensive network of consultants.
Power cycle modeling.
Provide high performance power cycle modeling.
Experience in analysis and optimizing.
IP review and consulting.
Research and evaluate relevant art.
Provide insight into improving applications and claims.

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Our Business Models

IP Commercialization.
License IP to an OEM that is first or second in dominance in an
application domain.
Sale of partial or exclusive rights to exploit VASTech in one
domain or geographic region.
Cross-licensing critical technology from strategic counterparts or
competitors.
Joint Technology Development.
Cooperative research and development agreements.
Develop and demonstrate prototypes of pilot plants.
Gain-sharing of enhanced net profit or production via ESCOs or
by share of production..

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Our Contact Information

Main Office VAST Power Systems, Inc.

2824 17th Street
Elkhart, IN 46517-4008
U.S.A.
Phone: +1-574-970-4800
Fax: +1-765-558-4800
Email: Info@VASTPowerSystems.com
Web: http://VASTPowerSystems.com

Gary Ginter 5840 West Midway Park

Chicago, IL 60644-1803
Chairman/Interim CEO
U.S.A.
Lead Angel Investor Phone: +1-312-925-4571
Fax: +1-765-558-4800
Email:
Gary.Ginter@VASTPowerSystems.com
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