Investment Opportunities in Israeli Cleantech
Water and Energy Solutions Conference
December 4, 2008
GOVERNMENT OF ISRAEL ECONOMIC MISSION MINISTRY OF FINANCE
444635.1 Investment Opportunities in Israeli Cleantech Water and Energy Solutions Conference
Agenda
444635.1 Agenda
Thursday, December 4, 2008 Citi Executive Conference Center, 153 East 53rd Street, 14th Floor, New York City
08:15 – 08:45 AM Registration and Breakfast 08:45 – 09:00 AM Opening Remarks: Zvi Chalamish – Chief Fiscal Officer, Ministry of Finance, State of Israel; Sam Natapoff - Senior Advisor to Governor Paterson 09:00 – 09:20 AM Sven Thesen - Utility Operations & Sustainability Strategy, Better Place 09:20 – 09:50 AM Keynote Speaker: R. Andrew de Pass, Head of Sustainable Development Investments, Citi Alternative Investments 09:50 – 11:00 AM Company Presentations: 3G Solar, AquAgro Fund, BioPetroClean, BrightSource Energy, CQM Moderator: Daniela Bendor – Managing Director, Marco Polo Partners 11:00 – 11:15 PM Coffee Break 11:15 – 12:15 PM Investment Panel Roger G. Ammoun - Cleantech Specialist, Credit Suisse Alternative Investments Northon Melo - Director, Cleantech Practice, Calyon Securities Hillel Milo - Managing Partner, AquAgro Fund Jennifer Pomerantz - Energy Portfolio Manager, Highbridge Capital Management LLC Robert L. Egan - Managing Partner, Environmental Capital Partners LLC Moderator: Andrew C. Peskoe - Partner, Golenbock Eiseman Assor Bell & Peskoe LLP; Israel Cleantech Ventures 12:15 – 01:30 PM Lunch and Keynote: Booky Oren - Former Chairman of Mekorot (Israel’s National Water Company), President and CEO of Miya, an Arison Group company 01:30 – 02:30 PM Company Presentations: HelioFocus, IQWind, Miya – Arison Group, Nirosoft, Power Electronics Systems 02:30 – 03:30 PM Macro Panel Carter F. Bales - Co-Founder and Managing Partner Emeritus, The Wicks Group of Companies, L.L.C. John F. Larkin - Head of Hedge Fund Investing Group - Americas, Deutsche Bank Adam Zellner - Director of Policy, Office of the Governor, The State of New Jersey Moderator: Bruce M. Kahn - Director, Deutsche Bank 03:30 – 03:45 PM Closing Remarks: Divjot S. Narang - Managing Director – SBTIF – NYS Venture Capital Fund at NYSTAR 03:45– 04:30 PM One-on-one meetings 05:30 – 07:30 PM Cocktail Reception: Yale Club, 50 Vanderbilt Avenue, New York City
444635.1 Investment Opportunities in Israeli Cleantech Water and Energy Solutions Conference
Organizers and Co-Sponsors
444635.1 Organizers and Co-Sponsors
. The Government of Israel Economic Mission, Ministry of Finance
. Golenbock Eiseman Assor Bell & Peskoe LLP
. Marco Polo Partners
. Citibank
. Platinum Funding Group
. PriceWaterHouseCoopers
. NYSE Euronext
. America-Israel Chamber of Commerce & Industry
. Globes
444635.1 .
444635.1 GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP
Sponsors to follow] Golenbock Eiseman Assor Bell & Peskoe LLP, founded in 1982, is a full-service Manhattan law firm of approximately 50 attorneys. We take pride in our sophistication, experience and ability to take on major engagements for our domestic and international clients while maintaining a hands-on, personalized approach to all of our clients’ matters. Whether representing a venture firm, middle market public or private company, private equity firm, family office or entrepreneur -- based in the United States or Israel -- we offer a broad range of legal services from M&A and securities laws to financing, compensation arrangements, technology transfer and licensing arrangements, joint venture structuring and formation, commercial contracts and transactions, litigation and dispute resolution, real estate and trust and estate planning. We also provide tax advice to foreign clients investing in the U.S. and domestic clients investing abroad. We have a history of providing legal services to Israeli based companies in their U.S. ventures, and our corporate team includes Israeli born attorneys. If you would like additional information about our firm, please contact one of the attorneys listed below. You can also visit our website at www.golenbock.com.
Nathan E. Assor Andrew D. Hudders [email protected] [email protected] (212) 907-7333 (212) 907-7349
Lawrence M. Bell Richard S. Kaplan [email protected] [email protected] (212) 907-7370 (212) 907-7376
Jeffrey S. Berger Alexander Kaplun [email protected] [email protected] (212) 907-7393 (212) 907-7382
Leonard Eisenberg Andrew C. Peskoe [email protected] [email protected] (212) 907-7390 (212) 907-7377
Paul B. Hahn Thomas J. Wilson [email protected] [email protected] (212) 907-7338 (212) 907-7365
Lawrence R. Haut Robert B. Zimmerman [email protected] [email protected] (212) 907-7367 (212) 907-7346
© 2008 Golenbock Eiseman Assor Bell & Peskoe LLP. All rights reserved.
437 Madison Avenue Main: 212-907-7300
New York,444635.1 NY 10022 Fax: 212-754-0330
This page contains attorney advertising. Marco Polo Partners is an investment banking firm headquartered in New York, with dedicated advisory teams in key global markets including China, India, Latin America, South America, Africa, Europe and Israel.
Our investment banking services include: capital raising, M&A advisory, JVs and strategic initiatives.
Marco Polo Partners utilizes the SIX CONTINENTS. institutional relationships of Marco Polo Network that ONE NETWORK. presently connects investors to ZERO BOUNDRIES. approximately 73 exchanges, 52 countries and over 120 leading financial institutions. The NYSE, IFC and Daiwa Securities have ownership interests in Marco Marco Polo Partners Polo Network. Daniela Bendor, Managing Director 75 Broad Street. New York, NY 10004 (O): 1 212 220 2703 (M): 1 646 320 5115 [email protected] www.marcopolonetwork.com
444635.1 Citibank® Commercial Banking
Citibank Commercial Banking offers a comprehensive range of financial solutions for small to midsize companies and their employees. We are dedicated to understanding and championing our customers’ business. By leveraging Citigroup’s global resources, expertise, innovation and execution, our dedicated relationship managers help businesses get where they want to go.
Citibank is proud to sponsor the Investment Opportunities in Israeli Cleantech: Water and Energy Solutions Conference
Zahi Levy Vice President Commercial Banking International Sector - EMEA
© 2008 Citigroup444635.1 Inc. Citibank, N.A. Member FDIC. Citibank and Arc Design is a registered service mark of Citigroup Inc. Citi Never Sleeps is a service mark of Citigroup Inc. Platinum Funding Group has been providing financial solutions for more than 16 years to thousands of companies in a variety of industries including consulting, cosmetics, food, import-export, manufacturing, professional services, retail, telecommunications, and technology. Our clients are public and private companies, start ups and well established businesses. Historically, our clients have annual revenues from $2 million to $150 million. Platinum has recently opened an office in the UK, in order to address the growing needs of American and Western European companies.
Platinum Funding Group is a true factoring company doing non-recourse, full-notification deals. Our look through mechanism allows us to execute a transaction in a very timely manner (48 hours, at times) while conducting due diligence on the company's debtors' credit stability only without any need for financial statements, balance sheet, personal guarantees and the like. We assist companies that are in their early stage of development, but with annual sales, lacking the required financial statements, thus unable to receive institutional funding. Partnering with us enables these companies to improve their balance sheet and prevent additional dilution to their investors.
Moreover, we work with fast growing companies that may use additional working capital in order to meet their growing demand and keep up with their internal liabilities. In addition we finance companies going through a downturn that may not receive funds from a banking institution, or are seeking funds fairly quickly.
We offer bridge funding, finance M&A transactions, various buy-outs and creative funding solutions for the closing date by utilizing the Accounts Receivable.
We offer PO financing by paying off suppliers through Tri Party agreements.
In order to evaluate a deal, all we need to review are the aging report and customer's list for the company. We will be able to reach an informed decision within 2- 3 hours!!!
If you would like additional information about Platinum, please contact one of our business development representatives at the contact info below. You can also visit our website at www.platinumfundinggroup.com
Dina Niron Bob Hinson SVP Business Development SVP Business Development Dir: 646.315.7216 Dir: 847.398.6874 Cell: 917.667.8222 Cell: 847.902.2213 [email protected] [email protected]
Anne Roslin Anna Belkina Business Development Senior Business Development Dir: 646.315.7230 Dir: 646.315.7215 Cell: 732.642.9414 Cell: 401.744.3658 [email protected] [email protected]
Santo Caruso VP Business Development Dir: 646.315.7224 Cell: 914.625.9539 [email protected]
444635.1 PricewaterhouseCoopers Israel Kesselman & Kesselman Your gateway to Israel
PricewaterhouseCoopers Israel, Kesselman & Kesselman is one of Israel’s senior and largest accounting firms, with offices in Tel Aviv, Jerusalem, Haifa and Beer-Shiva. The firm's clients, both publicly traded and private, represent all sectors of industry and services. We work closely with leading venture capital firms, private equity funds and other investors, as well as their fast growth portfolio companies, at the High-tech, Clean-tech and Biotech sectors.
We offer integrated solutions precisely matched to our clients’ particular deal situation. We combine tax, financial, business assurance, and advisory capabilities covering acquisitions, disposals, private equity, strategic M&A advice, advice on listed company transactions, financing, and public/private partnerships. While every deal is unique in detail, most will benefit from the broad experience we bring in the areas of due diligence and tax.
Among our clients are multinational companies and over 80 publicly traded companies in Israel, Europe and the U.S.
PricewaterhouseCoopers Israel is a member of PricewaterhouseCoopers network that provides industry-focused assurance, tax, and advisory services to build public trust and enhance value for its clients and their stakeholders.
For more information please contact Guy Preminger Tel. +972-3-7954857, E-mail: [email protected]
444635.1 Kesselman & Kesselman 444635.1 The America-Israel Chamber of Commerce has fostered the expansion of economic relations between the United States and Israel for over 50 years. As the only organization totally devoted to bringing US and Israeli businesses together, our goals are to: Advance and protect free trade Advocate for policies that encourage investment Increase the flow of trade, investment and transfer of technology Encourage the US and Israeli governments to adopt innovative and progressive economic programs and policies.
The America Israel Chamber of Commerce Chamber of Commerce has proven itself as an effective voice for the US-Israel business community. Executives and professionals who are engaged in bilateral trade and investment recognize that their interests are best safeguarded by their participation and involvement in an organization devoted to maintaining an environment that maximizes the potential and profitability of its members. Together we address current issues facing business and industry and share strategies for growth and development. Our diverse programs and services afford members a unique opportunity to develop high-level business contacts and to exchange ideas and information with a constituency encompassing business, trade and government interests.
The Chamber hosts a variety of business and social events:
Providing information to members and soliciting their input on policy issues Facilitating substantive interaction between members and US/Israeli government policy makers Organizing business delegations to Israel and hosting Israeli delegations to the US Hosting programs with government officials and business associations. Maintaining a dialogue with relevant governmental offices and agencies
Recent events have included presentations by H.E. Eli Yishai, Deputy Prime Minister and Minister of Industry, Trade and Labor; Dr. Robert Hormats, Vice Chairman of Goldman Sachs (International) and Managing Director of Goldman Sachs & Co.; Eric Benhamou, Chairman of 3Com, Palm One, PalmSource and the Israel Venture Network; Ambassador Richard Jones, U.S. Ambassador to Israel, Dr. Joseph Bachar, past Director General of the Ministry of Finance, and Chemi Peres, Managing General Partner and Co- Founder of Pitango Venture Capital. Business exchange conferences on Knowledge Management, Israel Life Sciences, Alternative and Renewable Energy, Nanotechnology and Green Buildings have brought together US and Israeli academics and business leaders.
Opportunities for expansion of trade and investment with Israel continue to grow. Israel’s workforce and highly developed technological infrastructure for data communications, telecommunications, software, biotechnology, nanotechnology, transportation, and high- end manufacturing is among the best in the world. Membership in the Chamber offers the means to participate in this expansion by providing up-to-date information, contacts with targeted business and government leaders, and introductions to new business ventures In a word, membership in the Chamber is an essential and invaluable vehicle for any individual or organization that wishes to penetrate the Israeli marketplace. Tel: 212-232-8440 ~ Fax: 646-365-3366 ~ www.aicci.net
444635.1 Investment Opportunities in Israeli Cleantech Water and Energy Solutions Conference
Featured Israeli Companies
444635.1 Featured Israeli Companies
. 3GSolar
. AquAgro Fund
. ATI Cleantech Incubator
. BioPetroClean (BPC)
. Biofuel Turnkey Plants (BTP)
. BrightSource Energy
. CQM Ltd.
. Elcon Recycling
. HelioFocus (IC Green)
. Impel
. IQWind
. Miya, Arison Group
. Nirosoft Industries Ltd.
. Power Electronics Systems
. ZenithSolar
444635.1 3GSolar
3GSolar is a leading developer of solar energy using Dye Solar Cell (DSC) photovoltaic technology with first applications for off-grid rural areas. DSC is a cost- effective alternative to silicon and thin film-based systems, providing an environmentally-friendly solution that produces electricity efficiently even in low-light conditions. The company was founded in 2003 by Dr. Jonathan Goldstein and its main offices are located in Jerusalem.
Unique Selling Proposition
3GSolar aims to manufacture solar energy modules at the globally low cost of $1.40 per watt, half of the cost of existing silicon cells. This low-cost manufacturing capability will make 3GSolar the de facto choice for solar energy in emerging and other cost sensitive markets. Manufacturing lines for 3GSolar’s DSC technology can be cost-efficiently constructed at less than 25 percent of the size required to reach economies of scale for thin film and crystalline silicon manufacturing facilities, and can be constructed in a fraction of the time with lower operating costs.
Management Team
Dr. Jonathan Goldstein, Founder, Chief Scientist, President Barry Breen, CEO Dr. Ilya Yakupov, CTO Eli Rosh Hodesh, Engineering Manager Eytan Heller, Vice President of Business Development Arieh Fine, CFO
Contact Information
Tel: 972-2-572 -0177 [email protected]
Web Site
www.3gsolar.com
444635.1 AquAgro Fund, L.P.
AquAgro Fund, L.P. is a venture capital fund focused on investing in Israel’s innovative water and agriculture technologies, as well as other innovative clean technologies. The fundamental problems in the global water, energy and food sectors are growing steadily in gravity and magnitude and present a series of challenges to all of us. Along with these challenges, there are big opportunities to create cost effective and groundbreaking technologies that will provide solutions on a global scale to these very real problems.
Unique Selling Proposition
. Pioneer in focusing in on the water, energy, agro and cleantech opportunities in Israel . Strong managerial potential with proven track record . Valuable portfolio companies . Unique investment criteria, late stage deal flow companies
Management Team
Hillel Milo, Managing Partner Nir Belzer, Managing Partner
Contact Information
6 Kaufman Street Gibor Building, 14th Floor P.O. Box 50303 Tel Aviv 68012 Israel Attn: Didi Kalaydzhiev, Investor Relations and Administration [email protected]
Web Site www.aquagrofund.com
444635.1 ATI Cleantech Incubator
ATI specializes in discovering innovative and novel technologies in the fields of life sciences and cleantech, and making them into successful businesses.
ATI – is a technological incubator focused on the healthcare and cleantech sectors. It provides entrepreneurs with two years of funding including governmental and private investment and full services including: facilities and resources, marketing, technical, human resources, legal, financial and accounting. ATI has financed 50 companies and has worked with its diversified portfolio of companies, some of which are in the incubation period, some approaching advanced R&D stages and others which have achieved commercial success and have established worldwide strategic partnerships.
ATI was established in 1991, as part of the Ministry of Industry and Trade incubator project and was purchased in 2007 by Biomedix Ltd., a public holding company traded on the Tel Aviv Stock Exchange.. Biomedix is one of the largest investment groups in the life sciences fields in Israel.
Unique Selling Proposition
ATI’s winning combination of uncovering breakthrough inventions, investing in R&D, first-class management skills and providing companies with its strong financial and long term support are the foundations of success for each company at ATI.
Management Team
Sarit Soccary Ben Yochanan, CEO
Contact Information
Tel: 972 8 6751122 Fax: 972 8 6751113 [email protected] Web Site
www.ati.co.il
444635.1 BioPetroClean
BioPetroClean transforms the treatment of wastewater into an efficient economical and ecologically-friendly process. BioPetroClean's modular and easy-to-integrate CT Automatic Chemostate Treatment provides a novel solution to challenges presented by pollution, environmental regulations and operational cost pressures.
Unique Selling Proposition
BPC simplifies the entire process for waste water bioremediation, resulting in dramatic savings in operational costs as well as capital equipment and setup costs. It provides complete visibility over the various process parameters to prevent upsets and guarantees constant stability
Management Team
David Amir, CEO Professor Eugene Rosenberg, Chief Scientist Dr. Shlomo Pelban, Vice President of Research and Development Dr. Gili Bitan-Banim, Director of Laboratory Research Dr. Yaron Abadi, Director of Engineering Yael Barash, Director of Business Development
Contact Information
David Amir, CEO [email protected]
Web Site
www.biopetroclean.com
444635.1 Biofuel Turnkey Plants
BTP are developers, builders, owners and operators of one of the most attractive Biofuel Energy initiatives in terms of technology, business maturity and financial return-on-investment within the biodiesel marketplace today. BTP NexGEN refineries produce and sell EU/US standard biodiesel (akin to diesel) within mandated marketplaces. Biodiesel reduces greenhouse gas emissions by up to 80 percent .BTP NexGen refineries utilize non-food feedstock such as, but not limited to, the waste by- products/residues (i.e., soapstock; high FFA) of the vegetable oil refinery production process.
Unique Selling Proposition
Within the global $12 billion biodiesel marketplace (AGR > 15 percent), BTP NexGEN refineries will be well positioned to successfully produce, market and sell biodiesel within the U.S. and/or European mandated biodiesel marketplaces.
Management Team Vehbi Koc, President and Co-Founder David Zeidman, Vice President of Business Development & Co-Founder:
Contact Information
David Zeidman, Vice President Business Development & Co-Founder Tel. 972-505-505-154 [email protected]
Web Site
www.btpbiodiesel.com
444635.1 BrightSource Energy
BrightSource Energy, Inc. provides clean, reliable and low-cost solar energy for utility and industrial companies worldwide. The BrightSource Energy team has more than 30 years of experience designing, developing and operating solar energy plants. As the recognized industry leader, BrightSource Energy is committed to helping its customers reduce their dependency on fossil fuels and protecting the environment. Headquartered in Oakland, California, BrightSource Energy is a privately held company with operations in the United States and Israel.
Unique Selling Proposition
BrightSource Energy’s management team, technology and total approach to large- scale solar has distinguished BrightSource as the industry leader. With more than 30 years experience in the solar energy field, BrightSource has amassed more operational, financial and technical expertise in the solar industry than any other company.
World class investors - BrightSource Energy has raised over $160 million in corporate financing from key strategic investors including: VantagePoint Venture Partners, Morgan Stanley, Google, BP Alternative Energy, StatoilHydro Ventures, Chevron Technology Ventures, Black River, Draper Fisher Jurvetson, DBL Investors (a spin-off from JP Morgan) and others.
Management Team Arnold Goldman, Founder John Woolard, Chief Executive Officer Jack Jenkins-Stark, Chief Financial Officer Israel Kroizer, Chief Operating Officer Charles Ricker, Senior Vice President, Marketing and Business Development Thomas Doyle, Senior Vice President Project Development Contact Information
Keely Wachs, Senior Director, Corporate Communications Tel.(510) 550-8153 [email protected] Web Site www.brightsourceenergy.com
444635.1 CQM Ltd.
CQM develops and markets innovative anti-fouling and energy efficiency solutions that keep industrial systems clean and continuously efficient. Its anti-fouling systems allow customers to achieve increased operational outputs, reduced O&M costs, and maximaize efficiency and overall performance. Markets . Facilities: Up to 25 percent savings on energy costs for office buildings, shopping malls, hospitals, hotels, etc. . Power Plants: Up to 4 percent increase in annual electrical power . Industry: Increased efficiency and reduced maintenance cost for petrochemical, refineries, pharmaceutical and many others.
Unique Selling Proposition . Substantial energy efficiency advanced solutions . Chemical free / environmentally friendly . Proven track record of more than 3,000 systems installed in 24 countries
Management Team
Zvi Livni, Founder and Chairman Yaron Jacobs, CEO Prof. H. Muller-Steinhagen, Chairman of the Advisory Board
Contact Information Yaron Jacobs Moshav Tirat Yehuda 51 D.N. Hamerkaz 73175 Israel Tel: 972-3-973-2080 [email protected]
Web Site www.cqm-tech.com
444635.1 Elcon Recycling
Elcon Recycling Center Ltd. was founded in late 2003 by Dr. Zvi Elgat and a group of private well established investors. Construction of Elcon’s first plant was finished by August 2004, and the second plant by August 2007.
Unique Selling Proposition
Elcon Recycling is the lowest-cost provider of outsourced wastewater treatment services to industries in Europe and North America. Based on our patented Ambient Pressure Thermal Oxidation Technology™ (APTOT), we deliver a unique one-step process resulting in full compliance with the most stringent environmental regulations. Our field-proven model is to establish a prefab facility capable of handling very high volumes on just half an acre of land, in less than a year. With zero risk to the customer, we accept full responsibility for all the wastewater management needs, including regulatory liability.
The goal of Elcon Recycling is to be the leading provider of outsourced wastewater treatment services to industries in Europe and North America. Elcon intends to achieve this goal based on its patented Ambient Pressure Thermal Oxidation Technology™ (APTOT), an economical one-step process resulting in full compliance with the most stringent environmental regulations.
Management Team
Dr. Zvi Elgat, Founder and CEO Yaron Aviezer CTO Avi B. Menashe Chief Chemist Sagiv Lieber, CFO
Contact Information
Dr. Zvi Elgat, CEO Tel: 972 -04 -846-.8470 [email protected]
Web Site
www.elconrecycling.com
444635.1 HelioFocus
HelioFocus is developing and commercializing modular highly-efficient solar solutions. HelioFocus’s system is the only dispatchable solar thermal system with efficiency of more than 20 percent. It comprises a large parabolic mirror that concentrates sunlight onto a proprietary receiver that enables working temperatures of more than 1,000°C. The receiver converts the light into heat. The hot air drives a turbo generator. The company was founded in March 2007 by Dr. Ory Zik, Dr. Sass Somekh and Prof. Jacob Karni from the Weizmann Institute of Science in Israel.
Unique Selling Proposition
HelioFocus can achieve high efficiency conversion of solar energy to electricity, while using, proven reliable components. The modular technology allows the flexibility to penetrate the market through small installations without relying on large project financing. Unlike conventional solar thermal technologies, the dish technology is modular. However, unlike dish stirling, HelioFocus uses a gas turbine which is an established, reliable low cost component that can hybridize with natural gas.
Management Team
Dr. Ory Zik, Co-Founder and CEO Prof. Jacob Karni, Co-Founder and CTO Oren Gadot, Vice President of Research and Development Erez Baron, CFO
Contact Information
Dr. Ory Zik, Co-Founder and CEO Tel: 972-3-241-2400 [email protected]
Web Site www.heliofocus.com
444635.1 Impel
Impel develops photovoltaic solar panels that are cost effective and practical. Impel’s product is categorized within CPV (Concentration Photovoltaic). Inexpensive optical systems replace 90 percent of the semiconductor material and concentrate the sunlight on small yet more efficient photovoltaic cells. Until now, this technology has not been in use for consumer systems due to its relatively expensive photovoltaic material and the complexity of the peripheral system components.
Impel’s proprietary technology resolves the inherent CPV technology limitations by using micro-photovoltaic matrices in a cheap and efficient way, allowing consumer solar panel systems based on CPV to be cost effective and practical even without government subsidies.
Impel has been founded in April 2007 by Zohar Haviv and Mauricio (Mario) De-La- Vega, semiconductor fabrication and packaging industry veterans with a total of 23 years of experience. Impel has strategically partnered with ARKEMA (http://www.arkema.com) to develop its technology, thus marrying the former semiconductor industry expertise with the latter know-how of performance polymers.
Unique Selling Proposition Impel’s technology is able to reduce solar panel cost by more than 40 percent by using proven semiconductor industry technologies and plastic manufacturing technologies. Impel’s unique product design seals the solar energy converting core within a polymer matrix, thus resulting in a 50 percent lighter, 10mm thick solar panel that is very well protected from the environment and has a long projected lifetime. Impel’s technology is compatible with any wafer-based photovoltaic cell and does not require any Impel-specific photovoltaic cell processing modifications. Unlike conventional photovoltaic panel technologies, Impel’s technology is implemented on the photovoltaic cell level, to create modular “mini-panels” with an independent power output that may be assembled in different sizes, in parallel or in a series, hence suited for diverse needs.
Management Team
Zohar Haviv, Founder and CEO Mario De-La-Vega, Founder and CTO Moshe Donovich, CFO and Acting COO Contact Information
Tel: 972-54-7972150 [email protected] Web Site
www.Impelmc.com
444635.1 IQwind
IQWind is a startup company in the wind energy ecosystem. Its mission is to introduce a disruptive gear technology into the wind energy market in order to improve efficiency of old turbines by 15 to20 percent and reduce cost of new wind turbines by 15 percent while improving their efficiency by 5 percent. Consequently, IQWind has two large markets:
Existing turbines retrofit fixed speed turbines and significantly increase their efficiency. The ROI of the operation to the turbine owner is between six months and two years ($7.5 billion opportunity for IQwind).
New turbines introduce together with wind manufacturers a very competitive new turbine design in the $37 billion (2007) annual market ($5 billion annual opportunity for IQwind).
In each of these segments, IQWind’s product can create multibillion dollar value to turbine owners and manufacturers. Furthermore, IQWind’s efficiency enhancement will enable new wind farms in many marginal locations where it is not economical to make wind farms with current technologies.
Unique Selling Proposition
The IQWind flagship product is a unique variable gear system that enables the wind turbine to convert the variable wind energy to the constant electricity grid frequency in an efficient way. When installing it in old wind turbines it enables the upgraded ones to work at 15-20 percent higher efficiency rates under the same wind conditions. In addition, when implementing the technology in new wind turbines it enables a cost reduction of 15 percent and efficiency improvement of 5 percent. The product is based on several unique patents that have commercial potential in other fields, such as the geothermal and sea tide energy industries.
Management Team Gideon Ziegelman, Founder and CEO Nimrod Eitan, Founder and CTO Eitan Shabtay, Vice President of Research and Development
Contact Information
Tel: 972-9-7486203 [email protected] Web Site www.iqwind.com
444635.1 Miya, Arison Group
Miya was established by Arison Investments, a leading investment company that operates in the global business arena. The company's mission is to help the cities of the world benefit from the huge opportunity presented by water loss reduction and effective management of urban water. Miya offers a comprehensive water loss solution for municipalities, from audit of the city’s water system to full project execution and maintenance. Miya is partnering with water utilities as a service provider, in order to ensure long-term efficiency of the utilities network. The company also invests in R&D for next-generation products.
Unique Selling Proposition
. First global player to offer a comprehensive water efficiency solution and a one-stop shop for water loss projects . Company has adopted the International Water Association (IWA)/AWWA methodology . The professional team includes the world’s leading experts in water loss management (as well as leading members of the WLTF), in areas such as the development of water efficiency strategies, demand management, leak detection and active leakage control, the establishment of DMAs, pressure management solutions, pipe repairs and management & control software . Miya’s financial backing enables the company to offer unique financing options to municipalities, thus making water loss management projects both viable and profitable
Management Team
Booky Oren, President and CEO, Miya, Arison Group; Chairman of WATEC 2009 Ran Kedem, Vice President of Business Development Amit Horman, CFO Tami Gaoni-Feldman, Vice President of Marketing Ariel Moshkovitz, Vice President of Corporate Development Nir Peleg, COO
Contact Information Israel Tel: 972-3-777-9802 [email protected] U.S. Paul Fanner – Veritec, A Miya Group Company; Tel: (916) 449 9941
Web Site www.miya-water.com
444635.1 Nirosoft Industries Ltd. Nirosoft Industries specializes in providing turn-key, tailor-made solutions in the field of water and wastewater treatment, for a wide range of applications and clientele world-wide. We are active mainly in the range of medium-sized projects, from 20 – 20,000 cu.m/day. Main fields of activity include sea water desalination systems for supply of potable water (utilizing reverse osmosis technology), production of demineralised/ultra-pure water for power stations and the pharmaceutical industry (using advanced EDI technology), mobile and containerized water purification systems for supply to remote locations. In house capabilities include process design and optimization (including a water treatment laboratory), detailed engineering and design, manufacture and assembly of the systems (metal-works, piping, electrical & controls), on-site installation and commissioning, after-sales support and trouble-shooting. In addition to the company headquarters in Carmiel, Israel, Nirosoft maintains subsidiary sales-orientated companies in Australia and Italy.
Unique Selling Proposition
Utilizing its experience of over 18 years and an in-house staff of multi-disciplinary professionals, Nirosoft can provide turn-key, tailor-made solutions to our clients. Our ability to provide flexible designs to meet project-specific requirements and our in-house production & manufacturing capabilities allow us to meet our clients’ needs in a cost-effective manner and with relatively short delivery times. We are also able to provide financial assistance to selected clients, through leasing, BOT, BOR, etc.
Management Team
Mr. Mino Negrin – Founder and CEO Mr. Avi Bonibay – V.P. Operations Mr. Moti Wilner – V.P. Finance Mr. Marc Krieger – V.P. International Marketing & Sales
Contact Information
Tel: 972-4-9883311 Fax: 972-4-9883313 [email protected]
Web Site www.nirosoft.com
444635.1 Power Electronics Systems
Power Electronics Systems (PES) is a leading global provider of energy-efficiency solutions. Leveraging decades of power electronics R&D, voltage control expertise and environmental concern, we deliver products for a range of lighting, HVAC and electric motor applications. Built around proven core technology, our market-leading solutions not only enable customers to improve energy efficiency and cut costs, but also contribute towards a greener environment.
Unique Selling Proposition
PES has developed advanced technology that serves as the foundation for our entire offering. Based on the reproduction of a sinusoidal voltage wave without generating distortions or electromagnetic interference, our groundbreaking technology optimizes the voltage supply to discharged lighting systems and induction electric motors. As a result, just the right amount of energy required to maximize efficiency is delivered to each controlled device, eliminating wasted electricity and saving energy.
Serving a wide range of applications in diverse verticals, PES solutions deliver powerful business benefits underscored by direct electricity savings of up to 35 percent and reduced total cost of ownership of up to 50 percent. At the same time, our products diminish peak demand, decrease network losses and reduce CO2 emissions, thereby benefiting the public and enhancing the environment. With a proven ROI of typically two years or less, PES solutions are cost effective, maintain a small footprint and are easy to install and operate.
Management Team
Eran Tagor, Co-Chairman and CEO Shimon Limor, Co-Chairman and CTO Contact Information
Eran Tagor, Co-Chairman and CEO [email protected]
Web Site
www.pe-sys.com
444635.1 ZenithSolar Ltd.
ZenithSolar has developed and is now commercializing a modular, combined heat and power (CHP) high-concentration photovoltaic (HCPV) solar energy system to markets that have thermal energy demand. The ZenithSolar system is the only photovoltaic system that reaches more than 70 percent system efficiency of usable energy output by leveraging the residual heat for our customers’ thermal energy needs. The 11m2 dish-design module separates the energy collection and the energy generation – using more than 1,300 small mirror facets that cover the dish for sun energy collection – and focuses all of the energy on one 100cm2 high efficiency solar cell generator. This separation allows for simplified manufacturing processes of the system – where the collection dish is fabricated from plastics, metal and mirrors; and the generator is fabricated together with our solar cell fab partner. By using off-the- shelf two-axis tracking systems, the ZenithSolar system creates an electricity output of about 2 KWp that can be used and/or fed into the utility grid; and a thermal output of more than 5 KWp at about 80Co (175Fo), which can be used for domestic hot water needs, industrial processing, hotels and SPAs, etc.
Unique Selling Proposition
. Combined heat and power – allowing the system to be competitive with traditional forms of energy generation without government subsidies . Full vertically integrated strategy . Separated energy collection and generation . Modular and scalable – the 11m2 modules can be deployed in one module to thousands of modules in creative configurations . Unique marketing strategy – focused on markets that think about thermal energy first (industrial, hotels, hospitals and gated communities) . Broad and secure IP portfolio
Management Team
Roy Segev, Founder and CEO Bob Whelan, CTO Dr. Ilan Lozovsky, COO Abraham Bechar, Chief Production Officer Professor David Faiman, Co-Founder and Chief Scientific Advisor
Contact Information Roy Segev Tel. 972-54-440-9074 [email protected]
Web Site www.zenithsolar.com
444635.1 444635.1GOVERNMENT OF ISRAEL ECONOMIC MISSION MINISTRY OF FINANCE