prism solar

8/13/2019 Prism Solar

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Prism Solar Technologies, Inc .

Advanced Solar Electr i c M odules www.prismsolar.com

October 2006


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Prism Solar Technologies, Inc.Manu fac tu rer of Ad vanced Holog raph ic Solar Modu les

New optics technologythat significantlyredu ces the am ou nt

of s i l ico n s olar cel l s required in a PVmodule!

Resulting in lowerpr ic e per w at t andhigher efficiency cells.


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Prism Solars holograms spectrally select sunlight andmoves it through the plane of the glass onto the PV cells.

PV Cell

SUNLIGHT

Simpl i f iedCross-Sect ion

Schemat ic

Cel l Spacing

1 - 4

Glass

GlassHologram

- 1

The so la r mo du le i s based o nthe Holo graph ic PlanarCon centra tor (HPC) Tech no log y.

The mo du le ut i l izes a two -s tageop t ical con cent rator and as i l ico n solar cel l receiver. Theho lograms are in te rspersedbetween th e rows of s o la r cel l sto c o l lec t and c on cent ratesun l igh t .


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Planar concentrator with solar cell

glass

glass

hologram

sun light

air

air

solar cell

Confidential


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Prism Solars next generation hologramscombined with Bi-facial cell technology willfurther decrease the cost and silicon use.

GLASSBi-Facial PV Cell HOLOGRAM

GLASS


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Prisms Competitive Advantage

Prism PV Module Competitor PV Modules

Not to scale

Lower cost solar modules ($1-2/watt)

50-85% less solar cells.

Planar concentrator Intelligent - Passive tracking (nomoving parts).

Protected by patents and tradesecrets/process know-how.

Expensive modules ($3.20/watt) Serious silicon shortage to continue.

Traditional concentrators Requires extensive cooling andexpensive/precise mechanical tracking.

Thin films - Questionable scalability


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PST Business Model Yr 1

Manufacture Modulesin the US.

JV and LicensingInternational

Partners. Yr 2

Ramp-upfilm and glass

productionafter year two.

Design & set-up pilotproduction line for HPC

and HEPV modules

Build Holographic OpticsLab to develop

Holographic imagining

for production line

Pilot production of HPC& HEPV modules 40%

O E

Bi-facial Cells designinto next generation

specialty module

Increase performance ofHPC and HEPV to 55%

OE

Increase productioncapacity to 10 MW

Increase performance to65% OE

Increase production linecapacity to 5 MW

Year 1 Year 2 Year 3


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Prism Solar Business Model(PST Product Rollout)

OEM Sales

BIPV Sales

POWERModules

9-12 Months

12-18 Months

18-24 Months

Strategic Partnerships

Customers in queue

PO in hand


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What Prism Looks For InInvestors & Partners

Experience orStrong TechnologyBase preferably in PV or at

least energy. References

we start our duediligence immediately.

General Deal TermsDiscussed Early On


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Prism Solar - Investment Opportunity

Market $12.5 Billion Market - industry that grew over 40% last year, 30%/year - last 10

years Direct sales force cultivating US and international distributors and key accounts

Major partners/customers ready for Prisms products Proprietary Technology & Competitive Advantage

Two Patents Worldwide exclusive license , trade secrets, next generationtechnology in development

Advanced high speed laser - holographic (continuous process) replicator Reduced silicon = lower cost-per-watt .

Investment Needs $6.2 million Series A . $900,000 raised to date.

Good Return On Investment Returns and valuation assume a sale at six times

EBITDA in the fifth year , reflecting a reasonable multiple for astrategic acquisition of a growing business in a growing market.

USE OF PROCEEDS

FIRST THREE YEARS

9%

19%10%

39%23%

Manufacturing

Sales/Marketing

Administration & Finance

R&D

Capital Expenditures

Thank You

prism solar

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