Low Cost Waste Water Desalination Systems (RDITM) Patrick Curran, CEO www.atlantis-water.com “Enabling Responsible Energy Independence” Good afternoon. Thank you to the Shale Gas Innovation Center, Bill Hall & John Siggins, and the judges for giving us the opportunity to present our novel technology. Our company is Atlantis Technologies Click Our innovation is a Low Cost desalination system called Radial Deionization, or RDI My name is Patrick Curran, CEO of Atlantis. Our mission is to enable responsible energy independence by developing innovative water treatment systems.

Problem Oil & Gas Industries are Enormous Salty Waste Water Generators Marcellus Shale Gas 80 billion gal/yr 1 trillion gal/yr in US So what’s the problem. As many of you know, the oil and gas industries generate an enormous amount of salty waste water. Click In the US alone, Click over 1 trillion gallons is generated each year in the oil and gas sector. That is equal to all of the water consumed by New york, LA, and Chicago put together. Right here in our backyard, Click water generated by Marcellus shale gas harvesting will generate Click 80B/yr in 10 years. That’s more than 1 million tanker trucks deliveries each year. Disposing of this water is very expensive. In the Eagle Ford field in Texas, its $2.50/bb for hauling and deep welling. Up here in the Marcellus & Utica, it can be $10 or more to haul to salt water disposal wells in Ohio. There have to be a better way than this. Disposal Expensive: $2.50 - > $10.00/bbl 2

Solution: RDI Desalination $5.4 million Defense Department Investment Super capacitor, removes any salt 8 Issued & pending patents since 2009. Scalable to > 1,000 gpm Modular design We have a solution for this enormous problem. Click RDI desalination system from Atlantis Technologies. Over 5.4MM was invested into the technology development by the defense department, which I was one of the original engineers. We re-designed the entire system to increase TDS range by factor of 20, scale volume to municipal level, and reduce price by 75%. The technology is based on the use of a super capacitor to remove salt from solution. We have 8 issued and pending patents on this next generation system design, operation, and applications. Scalable to municipal scale. Systems can be build in modules like the 100 gpm system shown below Larger systems with hundreds of cylinders. Or, smaller system such as these. This is a small production unit mounted on a trailer for use in oil field demonstrations. This is a small production united being used to clean FGD scrubber blowdown at a coal fired power plant. This is a test system for developing a process to desalinate the Salton Sea in the California desert.

Value Proposition 40% - 70% lower cost of ownership Modular: Plug and Play into plant High Salinity: Up to 250,000 ppm Removes sulfates, hardness, metals Up to 95% clean water recovered Wide range of pH, AMD water So what are we brining to the table for our customer: Lower cost of ownership. RDI is 40 – 70% less than state of the art technologies including RO, ED, brine concentrator, and crystallizers. Cost of ownership includes capital depreciation, maintenance, energy, chemicals. Because the system is modular, it can fit easily into existing plants and mobile systems. Our technology can clean water with tds up to 250,000 ppm. We would be glad to share test results for cleaning numerous Marcellus produced water samples that started at 264,000 ppm and 51,000 ppm hardness. We can remove problematic species without fouling such as: Anions: sulfates, nitrates, phosphates, carbonates, chlorides, hydroxyls. Cations: Na, Ca, Mg, Ba, Sr, Pb, As, Sb, Hg, Se, U, Boron, That same Marcellus water had 51,000 ppm hardness. Recovery of clean can be as high as 95%, greatly reducing the volume of water for disposal. Can handle nasty water including low pH acid mine drainage, caustic solutions, waste acid, etc.

Cost of Ownership 10,000 ppm, $/bbl This is a graph of the cost to process a barrel of salty water comparing the 3 available technologies in this salinity range (capacitive deionization, BWRO, and ED). It’s a little hard to see, but The main categories are energy, depreciation of capital, and maintenance and hardness/silica removal. The energy usage is similar or less then the competition, but the capital cost and maintenance are much less and we can handle hardness removal. When you add up all components, the RDI cost of ownership is more than 50% less than state of the art options. 5

Cost of Ownership 75,000 ppm, $/bbl This is a graph of the cost per barrel of to desalinate 75,000 ppm comparing the 2 available technologies in this salinity range, Atlantis RDI and a brine concentrator. We use the same cost categories as the last graph: energy, capex, maintenance, hardness, and brine disposal. The energy usage and capex are similar than the competition, but the maintenance, hardness, and brine disposal are much less. When you add up all components, the RDI cost of ownership is 50% less. 6

Cost of Ownership 250,000 ppm, $/bbl This is a graph of the cost per barrel of to desalinate 250,000 ppm comparing the 2 available technologies in this salinity range, Atlantis RDI and brine concentrator. We use the cost categories capex and opex (maintenance & power). The capex is less and the opex is much less. When you add up all components, the RDI cost of ownership is more thanb 50% less. These results are based on real world samples provided to us and run for weeks in our engineering lab for customers such as Kroff Chemical, MI-Swaco/Schlumberger, GWTT, and a large sample just sent by EOG Resources. 7

What is Radial Deionization? (+) - - - - - - - - - - - - - - - - - - - + + - - + - - - + - + + + + - + + + + + + + + + + + + + + + + + + + + So what is Radial Deionization? It is an advanced form of desalination which uses a super capacitor to remove salt from water. Salty water enters the supercapacitor. As it passes through the salts are removed from the water, similar to ED except the cations and anions are held by the supercapacitor. Clean water exits the super cap. Click The salts are removed during a reject cycle and form a very concentrated brine, up to 10 x’s the original concentration. Clean Water Salty Water (-) Super Capacitor 8

Applications Shale Gas Oil/Oil Sands Power Generation Because of the RDI’s ability to process high TDS and remove hardness at a lower cost, there are some very interesting applications. Fracture and produced water from shale gas. Produced water from oil production and oil sands SAG-D. Flue gas desulfurization and cooling tower blowdown. Acid mine drainage, mine waste water, and other industrial waste waters. Power Generation Acid Mine Drainage 9

Partner Traction We have attracted many interested companies and have various levels of involement including sample processing and field units. As I mentioned, we’ve pilot tested many Marcellus Shale Gas fracture and produced water samples and now we are looking for a partner to support placement of a field unit to validate performance. Our team is ready to support with our sales office in Richboro, tech support in XXX, and system integration and testing in Lancaster. 10

Awards 8 issued & pending patents. 2nd Place, 2011 Anaheim New Energy Technologies - http://acnet-anaheim.net/about-acnet-clean-tech-competition Winner, 2011 Tech Coast Angels Quick Pitch - http://www.xconomy.com/san-diego/2011/10/11/atlantis-technologies-cleans-up-at-angels-quick-pitch-competition/ Winner, 2011 American Water Summit “Idol” contest. - http://www.uimonline.com/index/webapp-stories-action?id=598 Finalist, 2011 Imagine H2O Waste Water Bus. Plan http://www.waterefficiency.net/WE/Articles/15580.aspx Semi Finalist, 2012 Global Cleantech Open http://cleantechopen.com/app.cgi/content/home/index Winner 2012 Artemis Most Promising Water Tech We started building this next generation technology in 2009. Since debuting it in 2011 we have been vetted by many investors and industry experts in competitions such as this one. Click We are thrilled that our innovative technology, sound business plan, and high caliber management team has been validated. Winner, Most Innovative Product, Clean Technology 11

Team Leaders Patrick Curran: CEO, CTO BS Chemical Engineering, Drexel University 13 years wastewater experience 25 years of engineering & management, 2nd Startup Mark Franzen: CFO BA Finance, CSU Northridge Raised over $200 million equity capital. CFO of 16 companies including 6 startups. Robert Newton: P.E., Business Development Leader BS Chemical Engineering, Drexel University 28 years wastewater experience including ex-Global Marketing Director of Siemens. 2nd startup Kelly Sarber: Business Development Leader, Investor Relations MBA, Harvard University, BA Economics, UCLA More than 30 years of waste and waste water business leadership. CEO, Strategic Managementt. 2nd startup. I am very proud of team we have built. They are all extremely talented, passionate, and committed to the success of Atlantis Technologies. Upon further evaluation you will see the depth of talent and commitment. The company leaders and staff have business and engineering experience in waste water, oil/gas, heavy industry, automotive, medical device. The company leaders have over 44 years of just industrial waste water experience and over 20 years of startup experience, each of us specifically with waste water companies. 12

Key Takeaways Technology works – $5.4MM DARPA, 1,000’s of tests Large & Growing Markets > $1.6 Bill/yr by 2016. Strong Intellectual Property – 8 Issued/pending patents High Profile Partners – Power, Oil/Gas, Water Treatment Experienced Team – CEO, CFO, Bizdev, Engs, Advisors Key Takeaways The technology works. The US government invested over $5.4 million and we have invested over $300,000 of our own capital. Thousands of tests have been completed with hundreds of different types of solutions. The market is very large and expected to grow to over 1.6 billion in 5 years as Kelly described. 8 issued and pending patents and 5 – 10 new applications per year We have fantastic channel partners that are excited to deploy the technology. Incredibly talents and committed team. Every team member is a world class expert in their field. 13