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1 1 6/29/2006 6/29/2006 Commercial Hovercraft Commercial Hovercraft for for America America ATLAS Hovercraft, Inc. ATLAS Hovercraft, Inc. 2006 2006

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116/29/20066/29/2006

Commercial Hovercraft Commercial Hovercraft for for

AmericaAmerica

ATLAS Hovercraft, Inc.ATLAS Hovercraft, Inc.20062006

6/29/20066/29/2006 22

IntroductionIntroduction

Kurt H. Peterson Kurt H. Peterson –– President / CEOPresident / CEO

Hovercraft Designer and BuilderHovercraft Designer and Builder

Port Engineer for Great Lakes and Western River BoatsPort Engineer for Great Lakes and Western River Boats

Teacher of Diesel Engines and Marine TechnologyTeacher of Diesel Engines and Marine Technology

ATLAS Corporate Team MembersATLAS Corporate Team Members

Jay M. McCleary Jay M. McCleary –– Chief Operations OfficerChief Operations Officer

William Hayden William Hayden –– Vice President of EngineeringVice President of Engineering

Anthony Difiglio Anthony Difiglio –– Executive DirectorExecutive Director

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ATLAS Company OverviewATLAS Company OverviewFlorida Corporation Florida Corporation –– 20042004

Secured First Contract Secured First Contract -- 20042004

Green Cove Springs Green Cove Springs -- 20052005

Largest Hovercraft FactoryLargest Hovercraft Factory

Largest Hovercrafts in Largest Hovercrafts in ProductionProduction

100% American Owned 100% American Owned

ManagementManagement

Team ATLASTeam ATLAS

Training ProgramsTraining Programs

FutureFuture

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Basic Hovercraft DesignBasic Hovercraft Design

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ATLAS Hovercraft & TechnologyATLAS Hovercraft & TechnologyAHAH--100 = 100% American 100 = 100% American Designed USCG TDesigned USCG T--Boat / Boat / Jones Act Compliant / Jones Act Compliant / Passenger Vessel Act Passenger Vessel Act Commercial HovercraftCommercial Hovercraft

AHAH--100 = 150 passengers100 = 150 passengers

AHAH--100 = Largest Hovercraft 100 = Largest Hovercraft in the Western Hemispherein the Western Hemisphere

AHAH--100 = Largest Composite 100 = Largest Composite Hovercraft Ever ConstructedHovercraft Ever Constructed

AHAH--100 = Largest Diesel / 100 = Largest Diesel / Electric Powered HovercraftElectric Powered Hovercraft

AHAH--100 = Thrust Vectored 100 = Thrust Vectored Propulsion SystemPropulsion System

New Skirt SystemNew Skirt System

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Low Wake WashLow Wake Wash

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AHAH--100100--P PerformanceP Performance150 Passengers150 PassengersTotal All Up Weight = 88 TonsTotal All Up Weight = 88 TonsHover Height = 8 Feet Hover Height = 8 Feet (Bottom of the Hull to the surface of land or sea)(Bottom of the Hull to the surface of land or sea)Usable Fuel Capacity = 9200 Gallons of Diesel FuelUsable Fuel Capacity = 9200 Gallons of Diesel FuelMaximum Fuel Consumption @ 60 knots = 160 Gallons Per HourMaximum Fuel Consumption @ 60 knots = 160 Gallons Per HourAverage Cruising Speed = 60 Knots (69 MPH)Average Cruising Speed = 60 Knots (69 MPH)Maximum Range = 3,900 miles to emptyMaximum Range = 3,900 miles to empty

Cost = $8,850,000 or $59,000 per passenger seatCost = $8,850,000 or $59,000 per passenger seat

Due to the lower cost of operation, maintenance, and fuel consumDue to the lower cost of operation, maintenance, and fuel consumptionptionthe AHthe AH--100100--P can return a higher level of profitability in a shorter timeP can return a higher level of profitability in a shorter timeframe than conventional vessels. Faster cycle times and increaseframe than conventional vessels. Faster cycle times and increased d passenger comfort and safety are some of the value added benefitpassenger comfort and safety are some of the value added benefits ofs ofthis technology.this technology.

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AHAH--100 1/35 scale Model100 1/35 scale Model

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ATLAS Transportation SolutionsATLAS Transportation Solutionsfor Americafor America

Significant Advantages Significant Advantages

•• Lower purchase cost due to automation of the manufacturing proceLower purchase cost due to automation of the manufacturing processss

•• Lower cost to operate and maintainLower cost to operate and maintain

•• Rivers, lakes, and oceans are Rivers, lakes, and oceans are ““natural highwaysnatural highways””

•• Hovercrafts require no Hovercrafts require no ““dredgingdredging”” or expensive infrastructureor expensive infrastructure

•• Work seamlessly with other forms of existing transportation (busWork seamlessly with other forms of existing transportation (bus, trains, taxi, etc.), trains, taxi, etc.)

•• Environmentally Friendly Environmentally Friendly –– Low Noise, Low Wake Wash, can use BioLow Noise, Low Wake Wash, can use Bio--Diesel for fuelDiesel for fuel

•• Heavy Payload Capacity Heavy Payload Capacity

•• Flexible Designs Flexible Designs –– Passengers / Vehicles / CargoPassengers / Vehicles / Cargo

•• Safe and Fuel Efficient High Speed OperationSafe and Fuel Efficient High Speed Operation

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ATLAS Photos & CAD DrawingsATLAS Photos & CAD Drawings

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A B C D E F G H I J

2

1

3

4

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7 7

6

5

4

3

2

1

WMH

09/15/05

09/15/0509/15/05

D

DATEDrawn

DATEChecked

PROJECT

FILE NAME OF

TITLE

SCALE: SHEET

REV.DWG NO.SIZE

Approved DATE

42-ft Cargo Ro-ro

PROFESSIONAL ENGINEER APPROVAL

Drawing Revision:

William M. Hayden, P.E.

Registration Number:

License Expiration Date:

State:

Dated:

Outboard Profiles

1/4" = 1'

AH-42-C-110-00 00

United Kingdom

CLIENTHoverTrans

Not App

roved

for Cons

tructio

n

Withou

t Rais

ed PE

Seal H

ereEngineer:

15 September 2005

Florida

60106

28 February 2007

00

APR'D

WMH

DESCRIPTION

R E V I S I O N H I S T O R Y

ISSUED FOR APPROVAL00

REV

09/15/05

DATE

01

02

03

04

WMH

WMH

01 01

VESSEL PARTICULARS Length Overall (hard structure) 42.0 ftBeam (hard Structure) 20.0 ftDepth (hard structure) 4.0 ft

Length Overall (on hover) 48.0 ftBeam (on hover) 26.0 ft

Air draft (off hover) 15.0 ftAir draft (on hover) 19.0 ft

Maximum Passenger 24Required Crew 2

Ro-ro Cargo Area

32326/29/20066/29/2006

ATLAS Hovercraft, IncATLAS Hovercraft, IncGreen Cove Springs, Florida 32043Green Cove Springs, Florida 32043

(904) 284(904) 284--96769676www.atlashovercraft.comwww.atlashovercraft.com