Ioxus develops and manufactures innovative ultracapacitor technologies for energy storage. It was founded in 2006 to focus on developing electric double-layer capacitor (EDLC) technology, and began production in 2009 of 100F-2000F cells at its in-house facility. Ioxus' ultracapacitors provide higher power density, quicker charging/discharging, and longer cycle life than batteries. They target applications that require burst power delivery or voltage support, such as industrial power management, transportation, and military systems.

1. Mission Ioxus, Inc. develops, manufactures and commercializes innovative ultracapacitor technologies to serve a wide range of energy storage markets © 2007-2009 Ioxus, Inc. All rights reserved.

2. Ioxus, Inc. Ioxus Electrode at 1000X © 2007-2009 Ioxus, Inc. All rights reserved.

3. Heritage 1964: Custom Electronics, Inc. founded 1970: Started producing Teflon film capacitors 1980: Created high-voltage modules 1990: Developed high-voltage, low inductance caps 2003: Began investment in new technologies 2004:Ultracapacitor development initiated 2006:Ioxus founded - developed EDLC technology 2007: Planned EDLC in-house production facility 2009: Production began in July (100F-2000F cells) CEI is AS9100 and ISO- 9001 certified Ioxus is following with both certifications Ioxus Electrode at 8000X © 2007-2009 Ioxus, Inc. All rights reserved.

4. Management Team 15 years of engineering leadership; primarily responsible for dramatic improvements to manufacturing operations 17 years of Marketing and Business Development of high-tech companies and products; National Lab technology commercialization 30 years as Research Engineer; instrumental in pioneering new technologies; developed original concepts that expand electrochemical voltage limits for EDLCs © 2007-2009 Ioxus, Inc. All rights reserved.

6. Quick charging and discharging (seconds vs. hours)

7. Stable characteristics in a wide temperature range (-45°C vs. -20°C)

8. Long cycle life (500,000’s vs. 10,000’s)© 2007-2009 Ioxus, Inc. All rights reserved.

9. Technology Comparison © 2007-2009 Ioxus, Inc. All rights reserved.

10. Ultracapacitor Advantage Voltage Sag Support Higher Capacitance; Smaller Form Factor Providing backup power in the event of sags or interruptions Power Available power from grid Ultracapacitor discharges to fill the gaps Required power for application Time © 2007-2009 Ioxus, Inc. All rights reserved.

11. Ultracapacitor Advantage Burst Power QuickerDelivery of Greater Power Providing Power to meet peak demands Required power for application Power Ultracapacitor discharges to add Power Available power from battery, fuel cell, power grid etc. Time © 2007-2009 Ioxus, Inc. All rights reserved.

12. Competitive Differentiators Higher Power Density – twice most competitors No Compromise of Energy Density Lower ESR (Equivalent Series Resistance) More Capacitance; Smaller Form Factor Lower Tolerances (+/– Capacitance Variations) 12 Patent Applications - EDLC improvements Continued Development - higher energy solutions RoHS Compliant Environmentally-Friendly Made Entirely in the U.S.A. © 2007-2009 Ioxus, Inc. All rights reserved.

13. Target Applications © 2007-2009 Ioxus, Inc. All rights reserved.

14. Industrial Power Management Longer Life Cycles The Ultracapacitor Advantage When connected in parallel with grid power, the ultracapacitor provides instantaneous power when needed Peak power shaving and highly efficient regenerative capability During power outages, ultracapacitors provide bridge power until a fuel cell, generator or other temporary power source is started Individually powering control circuitry, ultracapacitors insure that critical safety switches are operable during power outages Major Applications Critical continuous manufacturing facilities Material Handling (forklift and scissor lifts) Hospitals and other emergency facilities Replace banks of lead-acid batteries at power grid and telecommunication relay sites Provide startup power for industrial and home fuel cells © 2007-2009 Ioxus, Inc. All rights reserved.

15. Transportation More Capacitance; Smaller Form Factor The Ultracapacitor Advantage Ability to deliver burst power Accepts fast charging from various sources Power can be located at point of need Major Applications Hybrid Electric Vehicle (HEV) Boost acceleration Capture braking energy Peripheral electronics support Standard Automotive 42-volt subsystem for radios and electronics Supplemental 12 volt starting and power management Safety power for breaks, windows, telephone, locks Emergency lighting © 2007-2009 Ioxus, Inc. All rights reserved.

16. Ultracaps Ultracaps Ultracaps Engine (Gas or Diesel) Engine (Gas or Diesel) Transmission Transmission Ultracaps Automotive Full Hybrid Start-Stop Recuperation Torque Assist Electric Drive Instant Heat Micro Hybrid Electric Steering © 2007-2009 Ioxus, Inc. All rights reserved.

17. Military Parent Company has 45 Years Producing Military-Spec Capacitor Technology The Ultracapacitor Advantage Ability to deliver burst power Low temperature operation Accepts fast charging from various sources Power can be located at point of need Major Applications Transportation Boost acceleration Cold starting Electronic subsystems support Weapons and Communications 42-volt subsystem for radios and electronics Surveillance buoys Rail, ray and laser guns Warhead control © 2007-2009 Ioxus, Inc. All rights reserved.

18. Industry Drivers The future is in high voltage, cost effective solutions Performance Development Focus Today’s technology is acceptable for low voltage commercial applications Cost 2 Volts 250 Volts 600 Volts 1500 Volts Emerging Advanced Commercialized State of the Technology © 2007-2009 Ioxus, Inc. All rights reserved.

19. Grants and R&D Ioxus has received millions of dollars in grant funding from federal, state, and local resources R&D efforts include innovations that increase ultracapacitor energy, electrode enhancements that increase power density, and power modules that solve energy and power density issues 12 patents applications have been filed, while numerous others are being prepared © 2007-2009 Ioxus, Inc. All rights reserved.