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Advanced Mem-Tech Ltd.

Cleantech Forum Europe

Maura Rosenfeld, VP Business Development

April 17, 2012


Membrane Filtration

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Ultrafiltration applications: • Pretreatment for desalination

(pre-RO) • Membrane bioreactor (MBR) • Coating

Nanofiltration applications: • Water softening • Gray water • Concentration & reclamation


Mem-Tech’s Value Proposition

Hydrophobic membrane

Higher pressure required to maintain flow

Same flow at lower pressure

Hydrophilic membrane

3

Higher permeability → Less energy → Smaller footprint → Lower OpEx and CapEx


SWRO Pretreatment

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Sand filtration

• Large footprint

• Cannot filter biologicals

• Fouling prevention inferior to UF

• Lower cost

Ultrafiltration membranes

• Filters viruses and bacteria

• Smaller footprint

• Superior fouling prevention

• Higher cost

Mem-Tech can provide UF pretreatment for the cost of sand


Market Potential

* Source: World Membrane Separation Technologies, The Freedonia Group, Inc.

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$0.0

$5.0

$10.0

$15.0

$20.0

2011 2012

2013 2014

2015

$3.3

$5.8

$13.7 $19.3

Global Demand for Membranes ($B)

Ultrafiltration Total Membranes

9% CAGR

15% CAGR


Mem-Tech Achievements

6

Arkema is strategic founding partner

Founders are senior faculty at the Technion

Completed Round A fundraising

Signed project MOU’s; collaboration with clients and partners

Consent on MOU with Veolia for go to market product definition


Mem-Tech Achievements

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UF modules for SWRO pretreatment have good initial results

Promising results on initial development of NF membranes

Strong and growing IP portfolio


Business Model

Arkema European

manufacturer

System Integrator

Mem-Tech

Payment for

polymer

Process development Polymer synthesis

Management Membrane casting

Sales of units to system integrator or manufacturer

Element assembly outsourced

8


Market Penetration

9

Stage 1 Industrial Market Segment

Stage 2 Municipal Market Segment

• Shorter sales cycle than municipal • Smaller, numerous installations • Regional integrators

• Longer sales cycle • Large installations • Large regional & global integrators


Competitors

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Mem-Tech Pentair X-Flow Hydranautics Toray

Permeability in seawater (lmhB) 700 85 85 63 CapEx savings: Mem-Tech v. competitor 50% 50% 50% Energy savings: Mem-Tech v. competitor 30% 30% 30%

Mem-Tech can provide superior UF pretreatment for the price of inferior sand filtration!

CapEx savings on UF membrane elements and supporting hardware = $1 million for 100,000 m3/day plant


Competitors

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ProForma P&L

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2012 2013 2014 2015

Revenue 10,500 1,562,000 7,425,000 30,080,000

COG (3,500) (550,000) (2,750,000) (11,750,000)

Gross Profit 7,000 1,012,000 4,675,000 18,330,000

Gross Margin (%) 67% 65% 63% 61%

Operating Expenses 608,800 871,160 1,075,300 1,811,450

Net Operating Profit (601,800) 140,840 3,599,700 16,518,550


In-house Full

Production Sales

Outsourced

Pilot

Production

Sales of

samples

Market Entry Timeline (First Product)

Q2 Q3 Q4 Q2 Q3 Q4 Q1

2011 2012 2013 2014

Product specification

Pre-production samples

Sales

2015

Development Production

13


Team

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Moshe Kelner, CEO

Prof. Raphael Semiat,

Technion

Prof. Moris Eisen,

Technion

Denis Vial, Recognized

Industry Membrane

Expert

Kenneth Rubenstein, Esq.,

Patent Law Partner at

Proskauer Rose

Maura Rosenfeld, Business Development

Yaacov Mansdorf,

System Engineering Consultant

Gilad Lando, PhD, CTO

Dikla Zadaka-Amir, PhD, Senior Chemist

Andy Shipway, PhD, Senior Advisor, Industrialization & IP


Opportunity for Investment

• A modest investment is enough to bring Mem-Tech’s first product to the market • Achieved by leveraging strategic partners’ capabilities

• Providing a substantial increase in valuation

• Investment required is $1 million

• Investment will achieve: • Polymer scale-up

• Membrane commercialization and production

• IP protection

• Marketing and business development

15


Thank You


Maura Rosenfeld, VP Business Development

+972 54 56 55 349

[email protected]

www.advanced-mem-tech.com

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mailto:[email protected]





http://www.advanced-mem-tech.com/





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