Advanced Vacuum Insulation Systems THERMO-VAC LTD.

OUR BREAKTHROUGH Thermo-Vac Ltd. is developing a novel, multi-purpose, thermal insulation system, based on advanced Vacuum Insulation Panels (VIP).

Insulation A Vast Global Market Land transport Sea transport Housing and Construction Industry Sea transport refrigeration

Thermal insulation goals Low Production Costs Long-Life Optimal weight/space ratio High Insulation performance

CURRENT INSULATION METHODS The majority of thermal applications used today are made of an internal and external wall, with the thermal material in the middle. The thermal material Generally consists of: Foam Material – Polyurethane, etong Fiber Glass Rock Wool Insulation Material External Wall Internal Wall

Current Vacuum Insulation Methods Over the past few years, a tremendous amount of resources have been invested in developing vacuum insulation panels. Advantage: 10 times more insulation per unit. Disadvantages: Does not have long-life insulation. Expensive Manufacturers: Panasonic, Bayer, Wacker

Thermo-Vac’s Novel Vacuum Insulation Panels Thermo-Vac Ltd has developed an innovative vacuum panel with the following key advantages: 1. Long-life insulation 2. The lowest market price 3. high insulation capability Vacuum Thermo-Vac

Structure of Current Vacuum Insulation Panels Major Disadvantage: Thermal Shortage that Results in Loss of Insulation Filler Aluminum (Panasonic) Metalized (Wacker)

Structure of Thermo-Vac’s Vacuum Insulation Panels Filler Metalized – Expensive material 4% of the entire coating Thick aluminum – completely insulated Superior sealing material

Thermo-vac’s Structural Advantages Elimination of all thermal shortages Can use inexpensive filler without sacrificing quality Long-life

Thickness/Price Ratio How Thermo-Vac Compares Polyurethane R value=126 Wacker Thermo-Vac Panel Thickness 480 mm 56 mm 40mm Production cost per sq. meter $72 $80 $11

Insulation Capability How Thermo-Vac Compares (Panel Thickness 40mm)

Thermo-Vac Sales Predictions Global Insulation Panel Market: $15 billion Global Vacuum Insulation Panel Market: $150 million - 3 million sq.m. Product Production Cost per Sq.m. in $ Sale Price per sq.m. in $ Sales Profit Investment needed Plastic Sheet 0.6 2 $1.8 million 15% of the market $1.26 million Marketing $100K – final R&D Bags 1.7 4 $2.4 million 20% of the market $1.38 million $0.5 – 1 million Panels 11 30 Current price = 50 $4.5 million 5% of the market $2.85 million -------

Market Growth as a Result of Thermo-Vac’s Market Penetration 0.6% of the global insulation panel market Product Production Cost per Sq.m. in $ Sale Price per sq.m. in $ Sales Profit Investment needed Panels 11 30 Current price 50 $90 million 50% of the market $57 million