Eco Wave Power Ltd Leading Wave Energy technology Blue sphere Corporation Leading Waste to Energy technology GLOBAL TECHLED LED Module - The leading force in LED lighting solutions Actiview Solutions Ltd

Background The unique Led module brought to Belgium as part of the establishment of a regional center to promote savings and use of renewable energy in the Flanders Region. During the first half of next year two experimental power stations will be generating electricity power by sea waves and by organic waste, using unique technologies developed by Israeli company EWP - Eco Wave Power Ltd and by US based company Blue Sphere ( W2E). A 100 KW pilot wave power plant will produce electricity out of sea waves in the Belgian North sea ; And another pilot 100 KW power plant will produce electricity out of organic waste in Belgium’s chosen landfills. The two pilot power stations will provide power to demonstrate the effectiveness of the unique electronic lights ( LED),developed in US by Global TECHLED. Regional center in Belgium aims for demonstrating new renewable energy sources & energy efficiency uses cutting edge technologies recently developed in Israel and the U.S.

The Technology Companies Eco Wave Power Company Ltd. EWP - signed an agreement with the Chinese government to establish power plants sea wave during a visit of Israel's prime minister in China. And is in advanced preparation s to establish several small scale pilot power plants in Israel and Belgium by end of this year Blue Sphere (NASDAQ: BLSP) - develops, manages and owns waste-to-energy projects, thereby solving two major global problems: Energy shortage – Blue Sphere generates electricity from biogas derived from organic waste, Ecological damage – Preventing environmental problems, Blue Sphere produces clean energy by eliminating waste and by converting the harmful biogas methane (CH 4 ) into carbon dioxide. Global Tech LED- U.S - began this year to market electronic lighting solutions in world markets after completing the consolidation in the U.S. market where it’s unique products have been marketed for three years. The company, decided that Belgium will be one of the first countries outside the U.S. which will be demonstrating the efficacy and uniqueness of the new electronic bulb, and Brussels, together with Zeebruge Port, were chosen to be the first cities in the region which public lighting will be replaced by innovative frugal bulb.

The GTLED Module

Advantages of the new LED Module The saving of the electricity is from 70 to 80% The LED products provide significantly longer life (100,000 plus hours) compared to the industry standard with better lumen maintenance Low Maintenance cost in long term, compare to the existing public lighting. Saving environment, assisting reducing carbon emission. The LED module is suitable for operation in - 40 C to + 60Celcious dimming and wireless controls It has the approval for all UL, CUL, DL, CE, ARRA, LM79 from the US regulation authorities Community benefits from saving taxes

Technical comparison - between the LED and existing halogen bulbs

Demonstration locations worldwide: USA: Florida, Washington and Massachusetts - Belgium, Belgian North Sea Coast, Israel Jaffa Port, India, Cochin Port, France, Bordeaux, Nigeria - Lagos

Criterion Existing situation Electricity Costs after the LED Installment after Electricity annual cost for 5 years: 5,000,000 Euro ( 1 million Euro per year) Electricity cost for 5 years: 1,700,000 Euro Maintenance costs for 5 years 200,000 Euro Installation & replacement cost Funding costs Total Costs 5,200,000 Euro 1,500,000 Euro Economic evaluation

Special offer for Flanders region 100% funding of the replacement of new LED. The funds will be provided by the US manufacturer commercial bank that will use the monthly saved electricity costs as collateral for returning loan.

Suggested Road Map. End August presentation of the LED solutions to the Flanders region governmental decision makers End of September visiting of Flanders delegation at Global TECHLED plant in Florida October Signing MOU between Global TECHLED and Flanders relevant authority to install the new LED modules at chosen location for demonstrating its efficiency December inauguration of the LED lighting demonstrating project