Group 10 Chemical Bath Deposition John Bamber Monika Miroslaw Skye Root Greg Scharn Stephen Shih

Solar Cell Industry -- Huge growth space Group 10

Solar Cell Industry – High growth rate TEXAS (Commodity Online): Global solar cell manufacturing industry is in for shining times ahead as its capacity will grow 56% in 2009 to 17 GW. Ramped capacity, which was only 2.3 GW in 2005, is forecast to grow at a compound annual growth rate of 49% to more than 42 GW in 2013. Group 10

The major types of Solar Cell Silicon-Crystalline Thin-Film Group 10

Thin-Film – The Rising Star In 2005, 95% of solar cell manufacturing capacity was for crystalline silicon solar cells and 5% for thin film solar cells. In 2009, thin film will account for more than 20% of capacity. By 2013, thin film technologies are forecast to account for as much as 30% of solar cell capacity. Group 10

CBD vs. CdS Layer Group 10

Low Temp. Continuous CBD Process and apparatus patent by Dr. Chang Proof of concept and film characterization in progress No cost data available Independent industry expert sees value in IP Group 10

Potential Business Models Sell IP License IP Provide Deposition Service Build and sell equipment that uses IP Group 10

Strategic Diamond – Arenas I Core Technologies Invention produces higher quality films than Chemical Bath Deposition Arenas Economic Logic Thin-film Deposition is key to low-cost solar cell Staging Vehicles Lower waste than conventional processing Differentiators Continuous Processing Enables Efficient, high volume operation Group 10

Strategic Diamond – Arenas II Value Creating Services/products Service licensing/selling Customized equipments Arenas Economic Logic Staging Vehicles We are located at the beginning of the value chain, the very upper stream of the whole solar cell industry. To create value by licensing our novel technology or offering customized manufacturing equipments. Differentiators Group 10

Strategic Diamond – Vehicles Internal Development Arenas Service / technology licensing Economic Logic Staging Vehicles Differentiators If we offer equipment, how? Joint Ventures, Alliance Group 10

Strategic Diamond -- Differentiators If we license our technology, the speed to market will be very fast. If we offer the manufacturing equipment, the speed to market will be longer We can offer customized manufacturing processes /equipments Arenas Economic Logic Staging Vehicles The Cadmium is toxin. Our whole process is in a enclosed, low temperature micro-reaction system. It’s much safer than those currently applied Since the manufacturing processes and equipments are simpler, the price will be lower than our competitors’ Differentiators Group 10

Strategic Diamond – Staging Focused initially in solar panel market, it maybe expanded into other thin-film applications, such as anti-reflective coating of certain optic devices Arenas Economic Logic Staging Vehicles Competition in the solar cell industry is severe. Time is critical. We must be quick! Differentiators Group 10

Strategic Diamond – Economic Logic Our low cost advantage comes from the innovation of CBD A process advantage Arenas Since we can offer a much more cost-efficient process to our customers, we may acquire premium from them Economic Logic Staging Vehicles Differentiators Group 10

BA560 Venture Planning Prof. Dowling Other Opportunities Innovations using low temperature: Clothing Tents Optical Devices BA560 Venture Planning Prof. Dowling

Don’t Know Actual Costs Actual comparison of material usage How defensible is the IP Group 10

Questions? Group 10