Vancity MagicBus IOTO International Inc. April 2008 © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. IOTO International Inc. 269 West Keith Road North Vancouver, BC V7M 1L7 Canada Will Spat CEO Jimmy Au Business Development

The Problems Social Networking & Hobby Tribes Community building and ‘get together’ activities are diminishing. We trap ourselves in glass & metal boxes or in an asocial cyberspace. Websites & blogs keep more and more people isolated at their keyboards and estranged from their environment. Environmental Concerns We are deeply concerned with environmental and sustainability issues. We care about the planet and the future for our children – we want to act, but don’t know what to do. Driving Rising fuel costs, parking costs, congestion, and now carbon taxes – automobile driving is getting increasingly expensive and unpleasant for customers and retailers alike. Technology Wayfinding, navigation technologies, iPhone, and the ubiquity of location-enabled handheld devices. Everybody wants to reach out and be reached - without getting lost in the static. Advertising Traditional marketing messages are being filtered out by audiences. How to open the cocoon of cynicism so people engage their values and each other? © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc.

The Solution Social Networking & Hobby Tribes Connecting the local community through the Internet. Environmental Concerns A collective form of transportation that is greener and more efficient than the private automobile. Educate people about environment while getting into it. Advertising Innovative impression-based & impact-based advertising in one vehicle. Technology Enables trip reservations and aggregates users to their nearest branch locations. Driving Reduce driving costs & traffic congestion. Gives people their time back. © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc.

Comparative Analysis Vancity Print Advertising Impression-based Brand-awareness Vancity ChangeEverything.ca Interactive means of impact-based advertising Encourages and motivates changes within the community Vancity Bike Share Initiates environmental change within the community Building an active social community less cyber-focused Vancity Magic Bus Accessible and open to all demographics (teens, seniors) Creates hobby tribes and social networks within community Supports common community goals Provides a safe place for meeting the like-minded. Z Kilometers traveled Y number of impressions X number of papers distributed Y number of impressions 300% Reduction in Carbon Footprint! © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. Vancity Print Advertising Impression-based Brand awareness

Why MagicBus? MagicBus is impression-based advertising. It can produce as many impressions as a print campaign with a far smaller carbon footprint ( % less). MagicBus is impact-based advertising. Success is quantifiable and can be measured by how many users have participated and used the service. MagicBus creates community. Common trips and common goals are the most powerful experiences in collective consciousness: Think of the Odyssey. Think of a vision quest. Common trips foster belonging and create community. MagicBus is environment-friendly. Collective forms of transportation are many times more efficient than the private automobile in terms of energy consumed, emissions generated, time, and land use. © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. Billboards Vehicles Retention rates as high as 97%, compared with 19% for stationary billboards.

Vancity MagicBus © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. MagicBus encourages pooled investment in collective transportation. It enables innovative technologies that would otherwise not be pursued singly because of their higher cost. (fuel cells, hybrids, alternative fuels, electrics, IT). MagicBus provides trip information % of trips are not taken through collective modes of transportation because of an information deficit. MagicBus gets people comfortable with the collective trip. MagicBus is a catalyst for change. Getting people comfortable and familiar with traveling together plays an extremely important role in moving society to more sustainable forms of transportation. Besides, driving is getting expensive, and that, by its very nature, is exclusionary.

How it Works The number of destinations and capacity of the service are determined by the size of the MagicBus fleet. The frequency and days on which the service can be offered (weekends, weekdays) is also determined by the extent of the fleet. Step 1 SMS subscribers or visitors to a website such as Vancity are presented with a list of possible destinations to be reached during a given time. Step 2 Members indicate their interest in reaching that goal by clicking on that destination, or via an SMS response. The first destinations that fill up are the MagicBus destinations. Step 3 In return, a SMS or is sent to ‘pilgrims’ with a code for boarding, instructions on where to board, what to bring, and when they can expect to return. © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc.

Costs Benefits Belonging - Common trips foster strong communities by providing social connection through common activities and increased contact with like-minded people. Image - Unique concept that generates a far stronger viral presence than other forms of advertising. Areas where traditional forms of advertising are limited or unavailable may be accessed. Achieves retention rates 5 times that of stationary billboards. Carbon footprint and environmental impact is many times smaller than other advertising forms. Joy - With MagicBus, Vancity can link the pleasures of environmental sustainability, community activity, and journeys to the brand. Knowledge - MagicBus provides easy access to parks, social events, and cultural activities. This increases knowledge and awareness of these treasures and thus will impacts future behaviours. Are a function of destinations visited, frequency of service, targeted demographics, vehicle types, and livery selected. Costs are comparable to print, TV, radio, and outdoor advertising campaigns.

Next © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. Week 1: Preliminary discussions MagicBus frequency, destinations, target demographics, vehicle type & livery Web implementation, belonging, security, and Q&A. *Of importance to marketing, environnmenal, and SR personnel Week 2: Agreement in light of preliminary discussions Settles Terms & Conditions, Rates, roles and responsibilites Works from documents arising from preliminary discussions Revisions *Of importance to marketing, environmentall, accounting, & legal staff Week 1 Week 10 Week 8: Creating the big splash event  Promotion and awareness  Viral marketing Week 9: Voting site goes live Moderated voting site goes live. Members decide on magic bus destinations for initial four-week odessey. Week 10: The first MagicBus roll-out First MagicBus rolls to top destination at media event. Voting begins for next odessey in surrounding media splash.

Who we are: A local green technology firm dedicated to providing urban transportation options competitive to the automobile. IOTO International Inc. Our locally-developed technology was declared an Americas finalist in the 2007 NAVTEQ Global Location Based Services (LBS) Challenge in Orlando, USA. What we do: Our focus is to improve human connectivity between destinations while respecting the environment. We offer a multi-platform, mode-independent standardization of different forms of urban transportation into a time, money, CO 2 decision matrix for easy trip comparison and optimization. Data generated from passenger selections defines focus areas. Our Focus Reduce Traffic Congestion Reduce Parking Demand Create Hobby Tribes Minimize Carbon Footprint Generate Impressions Increase Location Traffic © 2008 IOTO International Inc. For IOTO client information only. Not to be copied or disseminated without the explicit prior permission of IOTO International Inc. THANK YOU FOR YOUR TIME! PLEASE FEEL FREE TO CONTACT THE IOTO TEAM WITH ANY QUESTIONS.