What is Weebit? Patent Protection Weebit was incorporated in Israel in 2014. It has been built around a revolutionary Weebit has secured 7 global patents to commercially protect James Tour’s advancements in memory technology. memory and semiconductor technology invented by Professor James Tour of in , . James Tour is a world-renowned leader in the field of materials engineering and , and retains the position of Chief Scientific Advisor. PCT/US2012/025435 Weebit is developing Tour’s new silicon oxide (SiOx) Resistive Random Access Memory “SiOx Based Invisible / US Pat. 8,390,326 (ReRAM) technology, and will be able to show a commercially viable product within 18 months. Transparent Nonvolatile Memory” “Method for Fabrication of This quantum leap will allow semiconductor memory elements to become cheaper, faster, a Semiconductor Element....” more reliable and more energy efficient than the existing Flash technology. US Pat. 7,973,559 “Non Charged Based Two Terminal... The Problem Resistive Switching Cells” US Pat. 8,592,791 Global data storage requirements are growing exponentially, doubling every two years. “Silicon Oxide Based Memristive Device” Moore’s Law observes that the number of transistors in dense integrated circuits doubles approximately every two years. However, Moore’s Law will soon become untenable in the field of data storage due to Flash technology reaching its scaling limits. With the explosion PCT/US2014/066303 of Internet of Things, cloud based storage and the memory needs of consumer electronic “Porous SiOx Material for Improvement devices, increased storage capacity is required. in Switching Device Performance” PCT/US2012/052450 Addressable SiOx Memory Array with Incorporated Diodes” The world needs a replacement to Flash technology, which will soon become outmoded PCT/US2011/050812 “SiOx Based Nonvolatile Memory Architecture”

The Opportunity The current overall market size for Flash memory is estimated Key Information at US$37 billion, and the emerging non-volatile market alone is expected to grow from $580 million in 2015 to $3.6 billion in 2020. ReRAM technology can replace traditional Flash memory, and CEO Accounting is expected to be used widely from 2018 onwards. Flash memory Yossi Keret Yossef Aviv CPA (Isr.) scalability below 16nm is a technological challenge, because CSA Auditors at these dimensions electrons cannot be confined in a floating Prof. James Tour BDO Israel gate. This results in poor reliability and poor speed, compared to ReRAM. VP R&D Law Firm Amir Regev Goldfarb Seligman & Co., Law Offices Electra Tower BoD 98 Yigal Alon Street, Dr. Amiram Bornstein Tel Aviv 67891, Israel Company Background Dr. Moti Gross Visit Us Tel: 972(3) 608-9805 Rami Hadar www.weebit-nano.com Weebit Nano Ltd. was incorporated in November 2014 and partnered with Rice University to develop and commercialize Prof. Tour’s Yossi Keret Amount of Financing Sought new SiOx ReRam technology that will change the storage memory Flash market. Invested in by several private investors, Weebit has $5 million equity Contact us begun the product development process and will be able to show a commercially viable product within 18 months. Industry [email protected] Semi-conductors Current Investors Weebit has signed an R&D agreement with the Tour Lab Group at Rice University, one of the leading groups in materials technology Private Investors ($1.5 million) today, to further develop SiOx technology. Weebit has licensed 7 global patents on Prof. Tour’s technology. Number of employees 6 Use of Funds Product development & Bank commercialization Bank Leumi Lisrael Bursa Branch Partners Ramat Gan, Israel Rice University, Houston, Texas

SiOx Memory The Technology Weebit in Outer Space ReRAM is accepted as the “most likely to succeed” technology for Flash replacement. Prof. Tour, one of the leading scientists and In 2012, Rice University in collaboration with NASA, chemist of our generation, and a member of the Weebit team, has developed a ReRAM memory technology made from Silicon Oxide, sent several memory chips made of silicone oxide the cheapest and most ubiquitous material in the semiconductor industry. from Tour’s laboratory to the International Space Weebit in the Media Weebit has demonstrated a working ReRAM SiOx device that Station for testing. The purpose of the experiment outperforms Flash in every parameter: Sub 50 ns for Most commonly Sub 5 nm Potential 1D-1R, was to demonstrate robustness of the chip circuits Rice’s Silicon Oxide Memories catch Manufacturers’ eye write and erase found in nature 1T-1R, and 1S-1R when exposed to solar and other cosmic radiation. http://phys.org/news/2014-07-rice-silicon-oxide-memories- Performance: 1,000 times faster; the ability to match Switching Scaliabilty & Powerful computers are essential to space technology, eye.html the demand of faster devices Cost Speed Integration thus the ability to maintain coherence in such hostile CNN Report: Here Comes the Terabyte Phone Reliability: Reducing data corruption and eliminating errors environments is crucial. This is particularly important up to http://edition.cnn.com/2014/12/31/tech/cnn-10-ideas-phone- 9 bits SiOx Memory for satellite circuitry created for missions to Mars, Energy efficiency: Lower power consumption increased Energy storage/index.html and beyond. battery life Multibit Nanotechweb.org: Nanoporous Oxide Makes Good Memory 0.5 pJ/bit After 2 years in space, exposed to harsh radioactive Cost: Reduces production cost Device solar and cosmic rays, Weebit’s memory devices http://nanotechweb.org/cws/article/tech/57925 Scalability: 10x smaller cells; the ability to store more Power Perfomance Fabrication were still functioning, with zero deterioration or loss information on the same surface area of performance. As a result, Weebit’s memory chips Prof. James Tour named Scientist of the Year have received a “Hard-Rad” status, meaning that it is http://news.rice.edu/2013/11/01/tour-named-scientist-of- Based on SiOx : The most common material in the Low voltage forming up to 107 ON-OFF ratio Standard CMOS tech. 5 largely impervious to the effects of radiation. This renders the-year/ semiconductor industry, thereby avoiding capital expenditure 10- W/bit 10y retention at 100C Low temperature process 100K cylces radiation Substrate - Independent Weebit’s chip material ideal for space missions, satellite required for re-tooling hardened memory technology, and other radiation exposed applications.

Tour demonstrated for the first time (published in the Times, 2010) that SiOx shows superior memory element performance, compared to any other known material. More recently, he developed a new industry-applicable element employing a nano-porous SiOx material which outperforms the switching ability of any other unipolar memory. It is the first implementation of a nano-porous material in memory devices with industry accepted performance metrics. In simple words, Tour discovered that sending Credit: Rice University, Tour Group Lab a current through silicon oxide, an insulator, could create a conductive pathway of silicon crystals. Electrical pulses could then repeatedly break and reconnect the pathway, and can be read as zero or one, the building blocks of computer memory. Weebit is currently negotiating with household name semiconductor manufacturers to begin Weebit’s memory chips being The ISS where the tests were made Weebit’s chips floating in zero gravity the commercialisation process. prepared for shipment to the ISS prior to beginning the 2 year test

Weebit in Multiple Applications

Consumer Electronics Internet of Things: Content The Internet of Things (IoT) is the network of physical objects A forecasted 40 zettabytes of storable content will be Smartphones and tablets: Automotive: embedded with electronics, software, sensors and network produced annually by 2020, and that number is expected Smartphones and tablets are the Navigation, Infotainment and safety connectivity, thus enabling these objects to collect and exchange to continue doubling every 2 years. One zettabyte is equal major application where non-volatile components which require high data. The IoT allows objects to be sensed and controlled remotely to a thousand exabytes or a billion terabytes memory is used. Newer technologies reliability data storage devices. across existing network infrastructure, promoting direct integration Connectivity such as ReRAM can revolutionise this and communication between the Cloud Data Centres device connectivity requires ultra application segment. physical world and computer-based fast response time, which are currently implemented Health Care: Wearable: systems. Over 50 billion electronic by expensive SSD Flash drives. These can be replaced Pacemakers, heart rate monitors, and blood Adoption of these devices is expanding devices will be connected to the by ReRAM memory storage. pressure monitors. Non-volatile memory rapidly, and non-volatile memory chips internet by 2020 and each device will devices will outperform in this field due to will be required for reliability, efficiency, require fast, cost effective and reliable higher read and write speeds. and added functionality. memory technology. Professor James Tour Weebit Managment James M. Tour, a synthetic organic chemist, received his Bachelor of Science degree in from , his Ph.D. in synthetic organic and organometallic chemistry from Purdue Mr.Yossi Keret | CEO University, and postdoctoral training in synthetic organic chemistry Mr. Yossi Keret has extensive managerial and financial experience and has led a variety of international at the University of Wisconsin and . After companies in different fields including industrial, financing, biotech and high-tech startups both in Europe spending 11 years on the faculty of the Department of Chemistry and the USA. Mr. Keret has a vast experience in public and private companies and took a major part in M&A and Biochemistry at the University of South Carolina, he joined the negotiations and implementation as well as in complex international tax planning. Mr. Keret has played Center for Nanoscale Science and Technology at Rice University a major part in Initial Public Offerings (IPO) in NASDAQ and has led successful private equity raising in 1999 where he is presently the T. T. and W. F. Chao Professor (PIPE) for public companies. of Chemistry, Professor of Computer Science, and Professor of Materials Science and NanoEngineering. Prof. James Tour | Chief Scientific Advisor Tour’s scientific research areas include nanoelectronics, graphene electronics, silicon oxide electronics, Professor of Materials Science and NanoEngineering and a Professor of Computer Science at Rice carbon nanovectors for medical applications, green carbon research for enhanced oil recovery and University in Houston, Texas. He is well known for his work in molecular electronics and molecular environmentally friendly oil and gas extraction, graphene photovoltaics, carbon supercapacitors, lithium switching molecules. Prof. Tour holds more than 60 US patents and has over 500 publications. He was ion batteries, CO2 capture, water splitting to H2 and O2, water purification, carbon nanotube and graphene named among “the 50 most Influential Scientists in the world today” in 2014 and was selected as Scientist synthetic modifications, graphene oxide, carbon composites, hydrogen storage on nanoengineered of the Year by R&D magazine in 2013. carbon scaffolds, and synthesis of single-molecule nanomachines which includes molecular motors and nanocars. He has also developed strategies for retarding chemical terrorist attacks. Mr. Amir Regev | VP R&D Amir brings to Weebit two decades of Device & Technology experience in the semiconductor industry, Tour has over 550 research publications and over 75 patents, with an H-index = 107 (95 by ISI Web of mainly in Flash memory technology. Prior to Weebit Amir served as a senior Engineer in the most leading Science) and i10 index = 451 with total citations over 55,000 (Google Scholar). Tour was named among technological companies in the semiconductor and memory business such as Intel (NASDAQ:INTC), “The 50 Most Influential Scientists in the World Today” by TheBestSchools.org in 2014; listed in “The SanDisk (NASDAQ:SNDK), Micron (NASDAQ:MU) and Marvell (NASDAQ:MRVL). Over the years Amir World’s Most Influential Scientific Minds” by Thomson ReutersScienceWatch.com in 2014; and recipient has gained wide knowledge and experience in multiple engineering fields including Device, Technology of the Trotter Prize in “Information, Complexity and Inference” in 2014; and was the Lady Davis Visiting Development, Quality & Reliability, and ASIC R&D. As a Senior Device Engineer Amir recently took part Professor, Hebrew University, June, 2014. Tour was named “Scientist of the Year” by R&D Magazine, in developing the most advanced 45nm NOR Flash technology to date. Amir hold an MSc in Electrical 2013. He was awarded the George R. Brown Award for Superior Teaching, 2012, Rice University; won Engineering from Tel-Aviv University (Cum Laude) and BSc in Material Science and Engineering from Ben- the ACS Nano Lectureship Award from the American Chemical Society, 2012; was the Lady Davis Visiting Gurion University (Cum Laude). Professor, Hebrew University, June, 2011 and was elected Fellow of the American Association for the Advancement of Science (AAAS), 2009. Tour was ranked one of the Top 10 chemists in the world over the past decade, by a Thomson Reuters citations per publication index survey, 2009; won the Distinguished Dr. Amiram Bornstein | Director Alumni Award, , 2009 and the Houston Technology Center’s Nanotechnology Award in A leading specialist in plastic surgery, Dr.Bornstein has the unique characteristic of being an 2009. He won the Feynman Prize in Experimental Nanotechnology in 2008, the NASA Space Act Award influential investor in technological ventures. With a host of investment and venture experience, in 2008 for his development of carbon nanotube reinforced elastomers and the Arthur C. Cope Scholar Dr. Bornstein brings to the Board of Directors his knowledge and experience in strategic planning, Award from the American Chemical Society for his achievements in organic chemistry in 2007. Tour was future directions and a wealth of investment savvy. the recipient of the George R. Brown Award for Superior Teaching in 2007. He also won the Small Times magazine’s Innovator of the Year Award in 2006, the Nanotech Briefs Nano 50 Innovator Award in 2006, Mr. Rami Hadar | Director the Alan Berman Research Publication Award, Department of the Navy in 2006, the Southern Chemist Rami Hadar is the former CEO of Allot Communication (NASDAQ:ALLT). During the eight years he of the Year Award from the American Chemical Society in 2005 and The Honda Innovation Award for functioned as CEO, Mr. Hadar managed to increase the company’s sales above $100 million annually, Nanocars in 2005. Tour’s paper on Nanocars was the most highly accessed journal article of all American performed 3 M&A’s and led the company to an IPO on NASDAQ. Prior to Allot, Mr. Hadar was the CEO of Chemical Society articles in 2005, and it was listed by LiveScience as the second most influential paper 2 Israeli companies that executed successful exits for their investors: Mr. Hadar was also one of the in all of science in 2005. Tour has won several other national awards including the National Science founders of Combox and was a director in the company when it was purchased by Terayon. Mr. Hadar is Foundation Presidential Young Investigator Award in Polymer Chemistry and the Office of Naval presently a partner in a new venture capital firm Eucalyptus Growth Capital that focuses on investment Research Young Investigator Award in Polymer Chemistry. and assistance to mature Israeli companies. Tour has served as a visiting scholar at Harvard University, on the Chemical Reviews Editorial Advisory Board, the Governor’s Mathematics and Science Advisory Board for South Carolina, the Defense Science Dr. Moti Gross | Executive Director Study Group through the Institute for Defense Analyses, the Defense Science Board Chem/Nano Study Moti Gross has extensive managerial experience leading technological companies, developing business Section, the Department of Commerce Emerging Technology and Research Advisory Committee and strategy for ongoing enterprises and start-ups. Dr. Gross has promoted various technological projects the MD Anderson Cancer Research Center’s Competitive Grant Renewal Board. He has been active including raising capital in both government and private sectors, developing and remodeling business in consulting on several national defense-related topics, in addition to numerous other professional tactics and strategies and building business models for numerous companies. Dr. Gross earned his PhD committees and panels. in Economics and Finance at Oxford University. Dr. Gross is also the CEO of Dotz Nano Ltd. a specialized nano technology company focusing on Graphene Quantum Dots.