<div dir="ltr"><div class="gmail_default" style="font-size:small"><p><b><span style="font-size:16pt;font-family:Calibri,sans-serif">Neptune
Wave Power: Turning Waves into Electricity</span></b></p>
<p><b><span style="font-size:16pt;font-family:Calibri,sans-serif"> Low
Cost and Scalable</span></b></p>
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<p align="center" style="text-align:center">Date: Friday,
September 11, 2015</p>
<p align="center" style="text-align:center">Time: 8:00am
– 10:00am</p>
<p align="center" style="text-align:center">Organizer:
Gelvin Stevenson, PhD</p>
<p align="center" style="text-align:center">Sponsor and
Host: Crowell & Moring. LLC</p>
<p align="center" style="text-align:center">Location: 590
Madison Ave. at 57<sup>th</sup> Street, southwest corner, 22<sup>nd</sup>
floor </p>
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<p align="left"><span style="font-family:Calibri,sans-serif"> </span><span style="font-family:Calibri,sans-serif">Waves have moved energy around
the globe since the earth was formed. But humans have yet to harness them at a
reasonable cost and at scale. So the innovations keep coming. One of the most
promising is Neptune Wave Power.</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">Neptune Wave Power, based in Texas,
has developed and patented a technology that can efficiently convert the wave
motion imparted on a buoy into a rotational motion that drives a generator to
produce electricity. Neptune’s patent
for a computer controlled horizontal rotating pendulum provides us with a
significant advantage over the competition. It is their patented system that allows Neptune
to optimize the conversion of wave motion to electricity. (If the idea of a
“horizontal rotating pendulum gives you pause, just think of a self-winding
watch. It’s the same idea.)</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal" style="line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Neptune Wave Power's technology is a “point absorber” Wave
Energy Conversion Device (‘WECD’). The floating and securely moored
offshore buoy reacts to the vertical surge and irregular movement of waves
causing a horizontal pendulum within it to rotate. The rotational energy
of this pendulum is directed to an on board electric generator. Power
generated is fed to the utility grid via an underwater cable system at an
interconnect point. Neptune Wave Power's WECD patented designs have numerous
advantages:</span></p>
<p class="MsoNormal" style="line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)"> </span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">No moving parts exposed to seawater</span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Design that uses proven electrical, mechanical, mooring,
and drive components</span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Modular design for cost effective manufacturing</span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Interchangeable components for cost effective maintenance</span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Scalable and movable</span></p>
<p class="MsoNormal" style="margin-left:0in;line-height:13.5pt;vertical-align:baseline"><span style="font-size:10pt;font-family:Symbol;color:rgb(54,54,54)">·<span style="font-stretch:normal;font-size:7pt;line-height:normal;font-family:'Times New Roman'"> * </span></span><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">Dynamically configurable for any offshore environment</span></p>
<p class="MsoNormal" style="line-height:13.5pt;vertical-align:baseline"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)"> </span></p>
<p class="MsoNormal" style="line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54)">The company’s WECDs are deployed in arrays and are fully
scalable to meet the demands of a variety of applications. There are no
emissions, no fuel costs, and low maintenance and monitoring costs. The
electricity costs generated with this technology are competitive with any
alternative generation method including wind. Design, construction, and
deployment times are also dramatically less than with other alternative energy
technologies due to our simple single point mooring system and approach to
manufacturing. A Neptune array can be
deployed and operational in less then 6 months.</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">Neptune has completed a test
program culminating in the construction of Buoy 3.1, continuing the evolution
and refinement of the technology.</span></p><p class="MsoNormal"><span style="font-family:Calibri,sans-serif"><br></span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> <img src="cid:ii_14f8b72fd216ab03" alt="Inline image 1" width="507" height="349"></span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54);background-image:initial;background-repeat:initial"><br></span></p><p class="MsoNormal"><span style="font-family:Calibri,sans-serif;color:rgb(54,54,54);background-image:initial;background-repeat:initial">Model 3.1 is the first fully functional
demonstration of this technology which combines the features of mass-production
design elements with full dynamic optimization capabilities. The system
underwent extensive sea trials during late 2013 off the New Hampshire coast.
During that time, the 3-meter, 3-ton system was exposed to several gale-force
storms and waves exceeding 20 feet in height. The tests demonstrated the
seaworthiness of the design and power generation within the expected range. In
addition, the tests collected valuable data to help engineers refine the design
and begin designing much larger versions of the system.</span><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">Neptune Wave Power is now moving
to a full scale commercial program with the first buoys being deployed in the
Bahamas for certification of operation connected to a utility grid. The 20
month program will deploy two buoys grid connected.</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">Neptune’s current cost to deploy
buoy arrays offshore is in line with offshore wind turbines, but without the
visual impact nor the construction complications of building the large towers
in the ocean. With the maturity of the
technology, Neptune expects to deliver electricity to the grid at a price that
is less then offshore wind. The projected installed cost is $3,000/kw. </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">Neptune’s business plan is to
develop research, engineering and logistics capabilities in house. It will
develop worldwide contract manufacturing relationships for the fabrication and
delivery of their product to project sites for the periodic maintenance.</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif">One important aspect of the
technology is its ease of periodic maintenance. Typical wave generators have to
be disconnected and wrestled to shore for maintenance. But Neptune is designed
so that the central core—the waterproof container that houses all of the
electronics and mechanics—can be disconnected from the donut-shaped buoy around
it, taken to shore and maintained.</span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<div style="border:1pt solid windowtext;padding:1pt 4pt">
<p class="MsoNormal" style="border:none;padding:0in"><span style="font-family:Calibri,sans-serif">Register at </span><a href="https://www.eventbrite.com/e/neptune-wave-power-turning-waves-into-electricity-low-cost-and-scalable-tickets-18427422918" style="font-family:Calibri,sans-serif;font-size:11pt" target="_blank">Greentech
Investors Forum on Eventbrite</a></p>
<p class="MsoNormal" style="border:none;padding:0in"><span style="font-family:Calibri,sans-serif">Or contact Gelvin at </span><a href="mailto:gelvin.stevenson@gmail.com" target="_blank"><span style="font-family:Calibri,sans-serif">gelvin.stevenson@gmail.com</span></a><span style="font-family:Calibri,sans-serif">.</span></p>
<p class="MsoNormal" style="border:none;padding:0in"><span style="font-family:Calibri,sans-serif"> </span></p>
</div>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p><span style="font-family:Calibri,sans-serif">Presenter: Terrance Waldron, President,
Neptune Wave Power</span></p>
<p><span style="font-family:Calibri,sans-serif">Sector Expert: </span><span style="font-family:Calibri,sans-serif">An
introductory film on wave power act as the Sector Expert</span></p>
<div style="border:1pt solid windowtext;padding:1pt 4pt">
<p style="border:none;padding:0in"><span style="font-family:Calibri,sans-serif">Disclaimer: The Greentech Investors
Forum (GIF) is not soliciting funds for the presenting companies, nor is it
encouraging parties to invest in them. We try to find good companies—not
necessarily good investments. They have been advised on what is acceptable in
terms of predicted results, but GIF takes no responsibility for what they
actually do, say, or how they perform in the future. </span></p>
</div>
<p class="MsoNormal" style="text-align:justify"><b><span style="font-family:Calibri,sans-serif"> </span></b></p>
<p class="MsoNormal" style="margin-left:1in"><b><span style="font-family:Calibri,sans-serif">Security:</span></b><span style="font-family:Calibri,sans-serif"> If there is a problem
at the Security Desk, please contact Ellen Reilly at </span><a href="tel:%28212%29%20895-4265" target="_blank"><span style="font-family:Calibri,sans-serif">(212) 223-4000</span></a><span style="font-family:Calibri,sans-serif"> (first choice) or call Gelvin Stevenson at <a href="tel:917-599-6089" value="+19175996089" target="_blank">917-599-6089</a>. </span></p>
<p style="margin-left:1in"><b>Fees:</b> $50, payable ahead of time
or at the door. Cash or checks and credit cards accepted. </p>
<p style="margin-left:1in"> $25 for call-in.
Registered call-ins will be emailed the call-in numbers and, if available, the
slides to be presented. </p>
<p> $25
for students, other academics and members of affiliated organizations. </p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"> </span></p>
<p><b>Agenda:</b> 8:00
to 8:30 - Networking </p>
<p> 8:30
to 8:40 - Introductions</p>
<p style="margin-left:1in"><span style="font-size:11pt;font-family:Calibri,sans-serif"> 8:40 to 9:10 - </span><span style="font-family:Calibri,sans-serif">An introductory film on wave power will replace the Sector Expert</span></p>
<p class="MsoNormal" style="margin-left:1in;background-image:initial;background-repeat:initial"><span style="font-family:Calibri,sans-serif"> 9:10 to 9:30 - </span><span style="font-size:11pt;font-family:Calibri,sans-serif">Terrance Waldron, </span><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)"> President and founder of Waldron Engineering & Construction, and President, Neptune Wave Power</span></p>
<p style="margin-left:1in"><span style="font-size:11pt;font-family:Calibri,sans-serif">9:30 to 10:00 -
Discussion</span></p>
<p><span style="font-family:Calibri,sans-serif">To register, visit this Eventbrite
site </span><a><span style="font-family:Calibri,sans-serif">Greentech Investors Forum</span></a><span style="font-family:Calibri,sans-serif"> or send your contact information to Gelvin
Stevenson at </span><a href="mailto:gelvin.stevenson@gmail.com" target="_blank"><span><span style="font-size:12pt;font-family:Calibri,sans-serif">gelvin.stevenson@gmail.com</span></span></a><span style="font-family:Calibri,sans-serif"> or <a href="tel:917-599-6089" value="+19175996089" target="_blank">917-599-6089</a>. And contact Gelvin If you have questions or need
more information.</span></p>
<p><span style="font-family:Calibri,sans-serif">Bios</span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><b><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)">Terence Waldron, PE</span></b><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)">, is the President and
founder of Waldron Engineering & Construction, and board member of Neptune
Wave Power. In 1992, along with the other members of the founding team
who are still at the company today, he formed Waldron Engineering, Inc.
Mr. Waldron quickly built a reputation providing best-in-class consulting and
engineering services to the fast-growing merchant power industry. This laid the
foundation for a broader array of services to eventually include the design of
energy generation and distribution infrastructure tailored to the specific
needs of a diverse client base. Prior to starting Waldron Engineering, he
started his career with Stone and Webster working in the nuclear industry.
Foreseeing the decline in the nuclear marketplace, he changed his focus to the
industrial side of the power industry with a specialization in combined heat
and power plants.</span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)"> </span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)">In 1998, Mr. Waldron added another dimension to Waldron’s
capabilities with the formation of Waldron Construction, LLC. The addition of
equipment procurement and construction management services enabled Waldron to
provide complete turnkey project solutions to its clients. In 2005, the two
entities combined to form Waldron Engineering & Construction, Inc.
This move allowed Waldron to provide a single point of contact for its
entire array of services.</span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)"> </span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)">To date, Mr. Waldron and the Waldron team have
successfully executed over 650 projects for over 200 clients. Waldron’s
multi-disciplinary team provides expertise through all phases of energy
generation and distribution projects, from conceptual phase studies and design
to final commissioning and testing. But, he is most passionate about
developing ideas for new energy technologies – some of which will soon come to
fruition.</span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)"> </span></p>
<p style="margin:0in 0in 0.0001pt;line-height:12.75pt;vertical-align:baseline;background-image:initial;background-repeat:initial"><span style="font-size:11pt;font-family:Calibri,sans-serif;color:rgb(54,54,54)">Mr. Waldron has a Bachelor of Science degree in
Engineering Mechanics from Columbia University's Fu Foundation School of Engineering
and Applied Sciences and is an active member of the American Society of
Mechanical Engineers. When not offering solutions to clients, he spends
time with his wife and five children, enjoys running, rowing, biking and
devouring historical novels.</span></p>
<p><span style="font-family:Calibri,sans-serif"> </span></p></div>
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