Resource and Energy Recovery Facility A technological breakthrough that redefines the waste-to-energy category June 26, 2009

Visiam Vision: Visiam creates cleaner, greener communities through superior processing and utilization of waste. Mission: Visiam will develop and deploy straightforward, financially viable technologies that process MSW, biomass and other organic wastes in a manner that: –maximizes recovery of recyclable material, –utilizes available energy content, and –supports sustainable communities by substantially reducing environmental impacts

Visiam Pre-Process

The Visiam Solution

Clean, Separated, Recyclables

Organics

Scalability of Visiam The three basic configurations are: VesselsSizeProcessing Capability per Year 18 x 1530,000 tons of MSW 28 x 1560,000 tons of MSW 28 x 2490,000 tons of MSW

Visiam Target Markets Target Market Municipalities and Local Communities Replacing and/or supplementing existing landfill operations Redeveloping transfer stations into Resource and Energy Recovery Facilities Keeping MSW within the community via the creation of a new revenue stream or through cost abatement Independent Waste Haulers Controlling key expenses (tipping fees and/or transportation costs) Enabling increased market penetration and customer access Maintaining control by reducing dependency on competitor-owned landfills Landfill Owners Extending the useful life of existing landfills Further developing the recycling revenue stream Providing improved public relations with municipality and state administrations and local environmental bodies Federal and State Installations and Ports Allowing for the satisfaction of federal and state renewable energy mandates Creating environmentally-conscious cost abatement Developing energy security and independence through potential for an on-site mini- grid Private Waste Generating Facilities Controlling key expenses (waste disposal fees and/or transportation costs) Providing improved public relations with customers and local environmental bodies Enabling the reduction of waste and the recapture of methane gas Reducing the amount of direct incineration

Benefits Flexibility in inputs Maximized volume reduction Efficient separation of MSW into usable components Minimal post processing of recyclables Maximized commodities recycling Closed-loop feed water system Generation of clean WTE, without incineration Improved quality of organic biomass Cleaner end product

Partnerships and Studies

Financial Feasibility of Visiam Solution Projects (Private Ownership) Vessels 1 x 8 x 15 2 x 8 x 15 2 x 8 x 24 Tons /Year30,00060,00090,000 Electric Generation (MW) Capital Expenditures (Millions) Visiam Solution System$8-9$13-14$20-21 Other Plant Costs / Contingency5-6$7-8$12-13 Total Capital/Up Front Costs$13-15$20-22$32-34 Avg. Annual Debt Service Cov Does not include any benefits from current and proposed Federal stimulus or renewable energy incentives Base Case Assumptions Tipping Fees$65/Ton Electricity Sales$65 /MWh Project Horizon20 Years Debt Financing60% Interest Rate8% Closing Costs2% Repayment12 Years Recycling Revenues – average commodity prices over the last 5 years

Vessels 1 x 8 x 15 2 x 8 x 15 2 x 8 x 24 Tons /Year30,00060,00090,000 Electric Generation (MW) Capital Expenditures (Millions) Visiam Solution System$8-9$13-14$20-21 Other Plant Costs / Contingency5-6$7-8$12-13 Total Capital/Up Front Costs$13-15$20-22$32-34 Costs /Ton if Municipal Owner$50$22$21 (Net of Recycling/Energy Revenues) Avg. Annual Debt Service Cov.1.2 Does not include any benefits from current and proposed Federal stimulus or renewable energy incentives Base Case Assumptions Electricity Sales$65 /MWh Project Horizon20 Years Debt Financing100% Interest Rate6% Closing Costs2% Repayment12 Years Recycling Revenues – average commodity prices over the last 5 years Financial Feasibility of Visiam Solution Projects (Municipal Ownership)

Visiam Facility 28,000 ton per year Commercial Demonstration Facility in MN, integrating vessels, trommel and MERF, digestion and generation A 10-year Waste Delivery contract signed with an independent hauler Currently negotiating a site outside of the Twin Cities Metro area Operational 6 months after completion of permitting

Come Visit / Contact R&D Facility – Blaine, MN Mini-Me with Trommel Scott Hughes COO x 101