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sustainable mobility solutions for
     21st century lifestyles




     Fall 2010 presentation
Who are we?
                      American Maglev Technology, Inc.




Founded in 1994, AMT has raised $50
   million in private equity to date.


Our test facility in Powder Springs, GA
  has completed a rigorous 3-year
testing program with a full-scale, fully
            loaded vehicle.


     The technology is ready for
      commercial deployment.
Who are we?
                          Grupo ACS / Grupo Cobra


   In April 2010, AMT entered into a 10-year
 exclusive global alliance with Grupo ACS from
                 Madrid, Spain.


ACS generated $38 billion in revenues in 2009.
Built the Delhi Metro, operate the Madrid Metro,
        built high speed rail lines in Spain.


   Together, AMT and ACS will design, build,
finance, operate and maintain transit systems as
          private initiatives and P3s.


           A highly competent team ensures successful projects.
How are we different?
                   low capital & operating costs, green technology



      Light Rail                           AMT                  Other Maglev Technologies




  Traction propulsion         Induction propulsion in vehicle   Induction propulsion in track

Complex moving parts                NO moving parts                 Some moving parts

       At grade                    Elevated guideway                At grade or elevated

        Heavy                          Lightweight                         Heavy

CAPEX: >$50 million/km          CAPEX: $20-30 million/km          CAPEX: >$70 million/km

      O&M: High                         O&M: Low                        O&M: High
AMT/Cobra strives to be a leading provider
of sustainable mobility in the 21st century
   and spearhead the creation of a new
        high-tech green industry.
Environmental Mitigation
                         zero emissions & reducing oil dependence


What does it mean              Urban Redevelopment
   to provide                   defining livable communities

  sustainable
                           A New 21st Century Lifestyle
   mobility?               seamless integration with everyday life


                             Self-Sufficient Operations
                                    no operating deficits




      AMT will not harm the environment or communities.
Environmental Mitigation
                      zero emission & minimal footprint



                                                 Energy Usage for Propulsion
      AMT’s lightweight and                         Conventional wheeled rail
frictionless technology requires                         technologies
      70% less energy than                                6 kwh/km
      conventional wheeled
          technologies.
                                                                                    AMT
Upon braking, AMT’s innovative                                                  1.8 kwh/km
 Linear Induction Motor (LIM)
  recaptures 53% of kinetic
  energy stores trackside for
      future departures.



         Lower energy usage reduces operating costs & fares.
Environmental Mitigation
                     zero emission & minimal footprint



Solar panels along the track will generate
 1 megawatt of energy per mile, weather
  permitting. Additional panels mounted
atop stations generate additional energy.


Each AMT vehicle requires approximately
   100 kw per hour for full operations.


On sunny days, AMT will operate solely
     from generated solar energy.



       AMT revolutionizes transit by operating off the grid.
Environmental Mitigation
                      zero emission & minimal footprint


     The guideway is a conduit for utility
    transmission, with the ability to carry:

                WiFi / WiMax
             high voltage power
          high capacity fiber optics
                   water
                 natural gas
                 advertising

  The “smart grid” prevents the loss of any
transformer from interrupting service, acts as
   a significant energy storage system, and
provides additional revenues that offset costs
   of operations and lower passenger fares.

    AMT’s “smart grid” opens the market to new revenue streams.
Urban Redevelopment
                      defining livable communities

 Focusing on 21st century growth patterns and development trends, AMT
caters to the emerging mega-regions, or integrated sets of cities and their
       surrounding areas that share unique, developing challenges.


  AMT integrates competencies to build systems for all types of demand
    and are fully scalable to future trends and desires of city planners.




     AMT serves megaregions for uniquely 21st century transit.
Urban Redevelopment
                      defining livable communities


By reserving development rights around
  stations, AMT will create mixed-use,
 walkable communities where transit is
premier choice for access to education,
    occupation and health services.




     AMT not only develops transit, it develops communities.
Urban Redevelopment
 defining livable communities




                              Investments into the system
                               are encouraged from local
                               partners and leveraged to
                                   provide economic
                              development and community
                                participation in transit &
                                 development activity.


 PROPOSED STEELES STATION DEVELOPMENT
A New 21st Century Lifestyle
                 seamless integration with everyday life



 The slim design of the civil
 structure fits within existing
          corridors.


  No new rights-of-way are
needed for the development of
         the system


    Existing communities are
preserved, and redevelopment
is encouraged around stations.




     The structure preserves neighborhoods and communities.
A New 21st Century Lifestyle
                     seamless integration with everyday life



 With the advent of cell phones and on-
   demand services & entertainment,
 transportation must make a paradigm
shift to fit with the customer’s lifestyle in
 order to successfully compete with the
                automobile.


   The value of AMT to customers is
       fast, frequent and flexible
 service that optimizes convenience for
patrons of the system and increases the
     attractiveness of mass transit.



      AMT aligns with 21st century lifestyles to attract passengers.
A New 21st Century Lifestyle
                seamless integration with everyday life




 As an elevated system, AMT can travel at much higher speeds in dense
            areas since it has no grade crossings or signals.


With top speeds of 120-150mph, AMT transports passengers much faster
 than automobiles and, at distances between 300-500 miles, faster than
                               airplanes.

   AMT targets segments in which it is faster than a car or plane.
A New 21st Century Lifestyle
                 seamless integration with everyday life




 On-demand travel will be the premier choice of 21st century customers,
and rail must adapt in order to successfully capture the automobile driver
                             market segment.

Frequent departures (<8 minutes) increase reliability and diffuse traffic at
  peak times making AMT an attractive transit option for the customer.

AMT never publishes train schedules; trips are only minutes apart.
A New 21st Century Lifestyle
                  seamless integration with everyday life




The slim AMT structure allows for route placement within existing rights of
way, taking passengers to and from activity centers in the most direct route
                         available (via roadways).

Passengers will not have to travel out of the way to ride the system and will
be delivered safely and swiftly to desired locations within and among cities.

       AMT takes passengers to exactly where they want to go.
Self-Sufficient Operations
                      no operating deficits or public subsidies



 attractive capital
     structure




 dramatically low
                                                        costs are 100%
   operating &                                            recouped by
maintenance costs
                                                       farebox revenues


 flexible financing
     options

            The business model creates a sustainable business.
Self-Sufficient Operations
                     no operating deficits or public subsidies


                                     Rather than simply selling rolling stock,
attractive capital
                                    AMT will bring forth the capital for all civil
    structure
                                    works, vehicles and stations as an entire
                                                mobility solution.


                                     Civil works components (columns and
                                     bridges) typically represent 45-50% of
                                    capital expenses, and this portion of the
                                    cost has been optimized to be extremely
                                                    low cost.


                                    Vehicles are added as demand grows, so
                                      there is never a risk of overcapacity.


     Every aspect of the system has been optimized for low cost.
Self-Sufficient Operations
               no operating deficits or public subsidies



                               Automation cuts operating costs by 50%
                              as compared to systems with drivers, while
                                          improving safety.


 dramatically low              The technology is solid-state and the only
   operating &                   moving parts are the air conditioners &
maintenance costs              doors. Specialized maintenance crews are
                                not required, and regular maintenance is
                                                minimal.


                                    The high energy efficiency of the
                                   technology keeps utility costs low.


     Automation enables operation at a fraction of transit costs.
Self-Sufficient Operations
                    no operating deficits or public subsidies



                   Annual cost
  Annual                of              Total
  cost of           operations
debt service
               +       and
                                 =     System
                                     Yearly Cost
                   maintenance


                                                                          Number of
                                     Availability       Appropriate       Passengers
                                      Payment       ÷      fare       =      to be
                                                                          Guaranteed
flexible financing
    options


      The customer only assumes ridership risk, based on costs.
Self-Sufficient Operations
                     no operating deficits or public subsidies



attractive capital
    structure



                                                      costs are 100%
 dramatically low
   operating &                                          recouped by
maintenance costs
                                                     farebox revenues


flexible financing
    options

       AMT will not build the system unless it is a healthy business.
Product Diversity
                      leveraging products from specialists

What does it mean
                              Local Integration
    to lead a           assembling & constructing locally
green high-tech
   industry?              Continuous Innovation
                    ongoing intellectual property development
Product Diversity
              leveraging products from specialists




        The AMT product is a combination of efforts from
118 US companies from 26 states and 77 Congressional districts.
Local Integration
                      assembling & constructing locally




Every dollar of high-tech assembly
payroll generates $5 of economic
   activity in the local market.

 By integrating components locally,
 AMT creates a surge of economic
activity in the community during the
    development of the project.
Continuous Innovation
                  ongoing intellectual property development




The process of purchasing components
from businesses across the globe while
      managing the assembly of the
   technology allows AMT to maintain
 strict control over intellectual property
                 portfolios.


  AMT can continuously improve its
technology by utilizing state-of-the-art
    components from specialists.
AMT/Cobra strives to be a leading provider
of sustainable mobility in the 21st century
   and spearhead the creation of a new
        high-tech green industry.

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Guadalajara

  • 1. sustainable mobility solutions for 21st century lifestyles Fall 2010 presentation
  • 2. Who are we? American Maglev Technology, Inc. Founded in 1994, AMT has raised $50 million in private equity to date. Our test facility in Powder Springs, GA has completed a rigorous 3-year testing program with a full-scale, fully loaded vehicle. The technology is ready for commercial deployment.
  • 3. Who are we? Grupo ACS / Grupo Cobra In April 2010, AMT entered into a 10-year exclusive global alliance with Grupo ACS from Madrid, Spain. ACS generated $38 billion in revenues in 2009. Built the Delhi Metro, operate the Madrid Metro, built high speed rail lines in Spain. Together, AMT and ACS will design, build, finance, operate and maintain transit systems as private initiatives and P3s. A highly competent team ensures successful projects.
  • 4. How are we different? low capital & operating costs, green technology Light Rail AMT Other Maglev Technologies Traction propulsion Induction propulsion in vehicle Induction propulsion in track Complex moving parts NO moving parts Some moving parts At grade Elevated guideway At grade or elevated Heavy Lightweight Heavy CAPEX: >$50 million/km CAPEX: $20-30 million/km CAPEX: >$70 million/km O&M: High O&M: Low O&M: High
  • 5. AMT/Cobra strives to be a leading provider of sustainable mobility in the 21st century and spearhead the creation of a new high-tech green industry.
  • 6. Environmental Mitigation zero emissions & reducing oil dependence What does it mean Urban Redevelopment to provide defining livable communities sustainable A New 21st Century Lifestyle mobility? seamless integration with everyday life Self-Sufficient Operations no operating deficits AMT will not harm the environment or communities.
  • 7. Environmental Mitigation zero emission & minimal footprint Energy Usage for Propulsion AMT’s lightweight and Conventional wheeled rail frictionless technology requires technologies 70% less energy than 6 kwh/km conventional wheeled technologies. AMT Upon braking, AMT’s innovative 1.8 kwh/km Linear Induction Motor (LIM) recaptures 53% of kinetic energy stores trackside for future departures. Lower energy usage reduces operating costs & fares.
  • 8. Environmental Mitigation zero emission & minimal footprint Solar panels along the track will generate 1 megawatt of energy per mile, weather permitting. Additional panels mounted atop stations generate additional energy. Each AMT vehicle requires approximately 100 kw per hour for full operations. On sunny days, AMT will operate solely from generated solar energy. AMT revolutionizes transit by operating off the grid.
  • 9. Environmental Mitigation zero emission & minimal footprint The guideway is a conduit for utility transmission, with the ability to carry: WiFi / WiMax high voltage power high capacity fiber optics water natural gas advertising The “smart grid” prevents the loss of any transformer from interrupting service, acts as a significant energy storage system, and provides additional revenues that offset costs of operations and lower passenger fares. AMT’s “smart grid” opens the market to new revenue streams.
  • 10. Urban Redevelopment defining livable communities Focusing on 21st century growth patterns and development trends, AMT caters to the emerging mega-regions, or integrated sets of cities and their surrounding areas that share unique, developing challenges. AMT integrates competencies to build systems for all types of demand and are fully scalable to future trends and desires of city planners. AMT serves megaregions for uniquely 21st century transit.
  • 11. Urban Redevelopment defining livable communities By reserving development rights around stations, AMT will create mixed-use, walkable communities where transit is premier choice for access to education, occupation and health services. AMT not only develops transit, it develops communities.
  • 12. Urban Redevelopment defining livable communities Investments into the system are encouraged from local partners and leveraged to provide economic development and community participation in transit & development activity. PROPOSED STEELES STATION DEVELOPMENT
  • 13. A New 21st Century Lifestyle seamless integration with everyday life The slim design of the civil structure fits within existing corridors. No new rights-of-way are needed for the development of the system Existing communities are preserved, and redevelopment is encouraged around stations. The structure preserves neighborhoods and communities.
  • 14. A New 21st Century Lifestyle seamless integration with everyday life With the advent of cell phones and on- demand services & entertainment, transportation must make a paradigm shift to fit with the customer’s lifestyle in order to successfully compete with the automobile. The value of AMT to customers is fast, frequent and flexible service that optimizes convenience for patrons of the system and increases the attractiveness of mass transit. AMT aligns with 21st century lifestyles to attract passengers.
  • 15. A New 21st Century Lifestyle seamless integration with everyday life As an elevated system, AMT can travel at much higher speeds in dense areas since it has no grade crossings or signals. With top speeds of 120-150mph, AMT transports passengers much faster than automobiles and, at distances between 300-500 miles, faster than airplanes. AMT targets segments in which it is faster than a car or plane.
  • 16. A New 21st Century Lifestyle seamless integration with everyday life On-demand travel will be the premier choice of 21st century customers, and rail must adapt in order to successfully capture the automobile driver market segment. Frequent departures (<8 minutes) increase reliability and diffuse traffic at peak times making AMT an attractive transit option for the customer. AMT never publishes train schedules; trips are only minutes apart.
  • 17. A New 21st Century Lifestyle seamless integration with everyday life The slim AMT structure allows for route placement within existing rights of way, taking passengers to and from activity centers in the most direct route available (via roadways). Passengers will not have to travel out of the way to ride the system and will be delivered safely and swiftly to desired locations within and among cities. AMT takes passengers to exactly where they want to go.
  • 18. Self-Sufficient Operations no operating deficits or public subsidies attractive capital structure dramatically low costs are 100% operating & recouped by maintenance costs farebox revenues flexible financing options The business model creates a sustainable business.
  • 19. Self-Sufficient Operations no operating deficits or public subsidies Rather than simply selling rolling stock, attractive capital AMT will bring forth the capital for all civil structure works, vehicles and stations as an entire mobility solution. Civil works components (columns and bridges) typically represent 45-50% of capital expenses, and this portion of the cost has been optimized to be extremely low cost. Vehicles are added as demand grows, so there is never a risk of overcapacity. Every aspect of the system has been optimized for low cost.
  • 20. Self-Sufficient Operations no operating deficits or public subsidies Automation cuts operating costs by 50% as compared to systems with drivers, while improving safety. dramatically low The technology is solid-state and the only operating & moving parts are the air conditioners & maintenance costs doors. Specialized maintenance crews are not required, and regular maintenance is minimal. The high energy efficiency of the technology keeps utility costs low. Automation enables operation at a fraction of transit costs.
  • 21. Self-Sufficient Operations no operating deficits or public subsidies Annual cost Annual of Total cost of operations debt service + and = System Yearly Cost maintenance Number of Availability Appropriate Passengers Payment ÷ fare = to be Guaranteed flexible financing options The customer only assumes ridership risk, based on costs.
  • 22. Self-Sufficient Operations no operating deficits or public subsidies attractive capital structure costs are 100% dramatically low operating & recouped by maintenance costs farebox revenues flexible financing options AMT will not build the system unless it is a healthy business.
  • 23. Product Diversity leveraging products from specialists What does it mean Local Integration to lead a assembling & constructing locally green high-tech industry? Continuous Innovation ongoing intellectual property development
  • 24. Product Diversity leveraging products from specialists The AMT product is a combination of efforts from 118 US companies from 26 states and 77 Congressional districts.
  • 25. Local Integration assembling & constructing locally Every dollar of high-tech assembly payroll generates $5 of economic activity in the local market. By integrating components locally, AMT creates a surge of economic activity in the community during the development of the project.
  • 26. Continuous Innovation ongoing intellectual property development The process of purchasing components from businesses across the globe while managing the assembly of the technology allows AMT to maintain strict control over intellectual property portfolios. AMT can continuously improve its technology by utilizing state-of-the-art components from specialists.
  • 27. AMT/Cobra strives to be a leading provider of sustainable mobility in the 21st century and spearhead the creation of a new high-tech green industry.