1. USCL and the State of California lead the way
USCL and the State of California lead the way... Revolutionizing metering and AMI

2. USCL has driven the utility industry forward since 2001

3. January 2001 - California makes world wide headlines
January USCL begins development of prototype EMS-2020

4. April 2001 USCL unveils working EMS-2020 prototype at an Open house attended by California State Senator Tom Torlakson
USCL receives letter from the White House regarding its innovative Smart Meter and Customer display products

5. Senator Torlakson introduces Senate Bill SB-1976; Approved by the California Governor September 24, 2002
Senate Bill 1976 leads to two year SPP pilot project 

6. Tom Tamarkin files testimony with the California Public Utilities Commission on the importance of in-home customer energy displays

7. 2004: California Public Utilities Commission (CPUC) begins to mandate AMI for the state’s three Investor Owned Utilities Q2 2004; over 12 million old fashion electro-mechanical power meters will be replaced in California by 2012

8. Southern California Edison (SCE) files negative business case model with CPUC for AMI; Vice President provides negative testimony at CEC and CPUC public hearing November 2004

9. USCL prepares detailed letter and AMI Team Roadmap PowerPoint for SCE President Robert Foster and personally delivers documents to Mr. Foster’s office January

10. SCE files 480 page five volume positive AMI business case model largely based on USCL’s letter and AMI Roadmap March 30, 2005

11. SCE receives approval from CPUC to proceed based on USCL’s suggested RFI and RFP for new innovative technology providing a robust set of new consumer oriented features as well as new utility features

12. SCE issues RFP for 5 million AMI meters and communications systems January 2007; USCL is one of 9 approved bidders
SCE show cases it’s “SmartConnect™" efforts to the public
SCE receives numerous awards for most innovative AMI deployment in the USA

13. In April 2006 Southern California Edison announces:
"Advanced metering will be the most sweeping change in the way SCE and its customers manage electricity use in Edison's year history. It will provide new ways to control costs and improve service response."
-Alan Fohrer, SCE, Chief Executive Officer

14. In November 2006 USCL was approved as one of only four company’s world wide approved to respond to SCE’s meter RFQ (bid process) for 5 million meters.
WHY? WE WROTE THE SPEC…
DM-06 meter specification is the most advanced residential application meter in the world meter.
USCL protected its key IP rights with proper patent filings in the U. S. and abroad.

15. In order to move the business forward and supply SCE with meters and related in-home displays and other items USCL attempted to raise significant funds:
Partner in Changsha China Waison Meter Group & Hunan Werko
Synthetically Securitized Bond Offering

16. In May 2008 Tom Tamarkin, et al, was granted U. S
In May 2008 Tom Tamarkin, et al, was granted U. S. Patent N umber 7, 379,791 as assigned to USCL Corp.
What does this patent cover and why is it important?

17. Patent Pending

18. Status of the patent:
USPTO Granted, Tamarkin, et al, 7,379,791
EU Pending
Israel Pending
USPTO Continuation claims

19. The Power of the USCL IP:
In July 2008, Southern California Edison (SCE) filed a patent application substantially similar to USCL’s themselves.
In a First Office Action, the USPTO rejected all claims as not being a novel invention in view of the USCL application and issued patent.
Why is this important?  
SCE planed to offer a license of its patent to all other utilities blocking USCL and other companies rights to recover money from their IP.

20. What are USCL’s principal assets and how will it make money?
Intellectual Property (IP)
US Patent 7, 379,791
US Patent 5,960,416
US Patent 6,377,938
Technology (hardware, software, firmware present & future)
Industry understanding, expertise, and contacts.

21. What is USCL Current Position?
Market conditions shifted dramatically in Q in USCL’s favor
US Government American Recovery & Reinvestment Act has provided the DOE with $18 Billion to help utilities nation wide purchase new meters-Smart Grid
Utilities and Regulators now realize that there must be tangible benefits in the Smart Grid for the Consumer who pays for it through taxes and rate hikes.

26. Use of Proceeds: The net proceeds of this offering will be used for the research, development, sales, and marketing of the products that USCL Corporation is presently developing or anticipates developing in the future and for operations. Additional information on the products and their development appears in the Products section of this memorandum. Proceeds from the sale of these securities will not be used for the payment of (i) dividends or (ii) material undisclosed claims existing as of the Closing. The following illustrates USCL Corporation’s estimates of the use of the offering proceeds based on the full funding of this offering: