investment opportunities in israeli cleantech...heliofocus, iqwind, miya – arison group, nirosoft,...
TRANSCRIPT
444635.1
Investment Opportunities
in Israeli Cleantech
Water and Energy Solutions Conference
December 4, 2008
GOVERNMENT OF ISRAEL
ECONOMIC MISSION
MINISTRY OF FINANCE
444635.1
Investment Opportunities
in Israeli Cleantech
Water and Energy SolutionsConference
Agenda
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Agenda
Thursday, December 4, 2008
Citi Executive Conference Center, 153 East 53rd Street, 14th Floor, New York City
08:15 – 08:45 AM Registration and Breakfast
08:45 – 09:00 AM Opening Remarks: Zvi Chalamish – Chief Fiscal Officer, Ministry of Finance,State of Israel; Sam Natapoff - Senior Advisor to Governor Paterson
09:00 – 09:20 AM Sven Thesen - Utility Operations & Sustainability Strategy, Better Place
09:20 – 09:50 AM Keynote Speaker: R. Andrew de Pass, Head of Sustainable DevelopmentInvestments, Citi Alternative Investments
09:50 – 11:00 AM Company Presentations:
3G Solar, AquAgro Fund, BioPetroClean, BrightSource Energy, CQM
Moderator: Daniela Bendor – Managing Director, Marco Polo Partners
11:00 – 11:15 PM Coffee Break
11:15 – 12:15 PM Investment Panel
Roger G. Ammoun - Cleantech Specialist, Credit Suisse Alternative Investments
Northon Melo - Director, Cleantech Practice, Calyon Securities
Hillel Milo - Managing Partner, AquAgro Fund
Jennifer Pomerantz - Energy Portfolio Manager, Highbridge Capital
Management LLC
Robert L. Egan - Managing Partner, Environmental Capital Partners LLC
Moderator: Andrew C. Peskoe - Partner, Golenbock Eiseman Assor
Bell & Peskoe LLP; Israel Cleantech Ventures
12:15 – 01:30 PM Lunch and Keynote: Booky Oren - Former Chairman of Mekorot (Israel’sNational Water Company), President and CEO of Miya, an Arison Groupcompany
01:30 – 02:30 PM Company Presentations:
HelioFocus, IQWind, Miya – Arison Group, Nirosoft, Power Electronics Systems
02:30 – 03:30 PM Macro Panel
Carter F. Bales - Co-Founder and Managing Partner Emeritus, The Wicks Groupof Companies, L.L.C.
John F. Larkin - Head of Hedge Fund Investing Group - Americas,
Deutsche Bank
Adam Zellner - Director of Policy, Office of the Governor, The State of NewJersey
Moderator: Bruce M. Kahn - Director, Deutsche Bank
03:30 – 03:45 PM Closing Remarks: Divjot S. Narang - Managing Director – SBTIF – NYS VentureCapital Fund at NYSTAR
03:45– 04:30 PM One-on-one meetings
05:30 – 07:30 PM Cocktail Reception: Yale Club, 50 Vanderbilt Avenue, New York City
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Investment Opportunities
in Israeli Cleantech
Water and Energy Solutions
Conference
Organizers and Co-Sponsors
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Organizers and Co-Sponsors
The Government of Israel Economic Mission, Ministry of
Finance
Golenbock Eiseman Assor Bell & Peskoe LLP
Marco Polo Partners
Citibank
Platinum Funding Group
PriceWaterHouseCoopers
NYSE Euronext
America-Israel Chamber of Commerce & Industry
Globes
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Sponsors to follow]
GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP
437 Madison Avenue Main: 212-907-7300
New York, NY 10022 Fax: 212-754-0330
This page contains attorney advertising.
Golenbock Eiseman Assor Bell & Peskoe LLP, founded in 1982,is a full-service Manhattan law firm of approximately 50attorneys. We take pride in our sophistication, experience andability to take on major engagements for our domestic andinternational clients while maintaining a hands-on, personalizedapproach to all of our clients’ matters.
Whether representing a venture firm, middle market public orprivate company, private equity firm, family office orentrepreneur -- based in the United States or Israel -- we offer abroad range of legal services from M&A and securities laws tofinancing, compensation arrangements, technology transfer andlicensing arrangements, joint venture structuring and formation,commercial contracts and transactions, litigation and disputeresolution, real estate and trust and estate planning. We alsoprovide tax advice to foreign clients investing in the U.S. anddomestic clients investing abroad.
We have a history of providing legal services to Israeli based
companies in their U.S. ventures, and our corporate team
includes Israeli born attorneys.
If you would like additional information about our firm, please
contact one of the attorneys listed below. You can also visit our
website at www.golenbock.com.
Nathan E. Assor
(212) 907-7333
Andrew D. Hudders
(212) 907-7349
Lawrence M. Bell
(212) 907-7370
Richard S. Kaplan
(212) 907-7376
Jeffrey S. Berger
(212) 907-7393
Alexander Kaplun
(212) 907-7382
Leonard Eisenberg
(212) 907-7390
Andrew C. Peskoe
(212) 907-7377
Paul B. Hahn
(212) 907-7338
Thomas J. Wilson
(212) 907-7365
Lawrence R. Haut
(212) 907-7367
Robert B. Zimmerman
(212) 907-7346
© 2008 Golenbock Eiseman Assor Bell & Peskoe LLP. All rights reserved.
Marco Polo Partners is aninvestment banking firmheadquartered in New York,with dedicated advisory teams inkey global markets includingChina, India, Latin America,South America, Africa, Europeand Israel.
Our investment banking servicesinclude: capital raising, M&Aadvisory, JVs and strategicinitiatives.
Marco Polo Partners utilizes theinstitutional relationships ofMarco Polo Network thatpresently connects investors toapproximately 73 exchanges, 52countries and over 120 leadingfinancial institutions. The NYSE,IFC and Daiwa Securities haveownership interests in MarcoPolo Network.
SIX CONTINENTS.
ONE NETWORK.
ZERO BOUNDRIES.
Marco Polo PartnersDaniela Bendor, Managing Director75 Broad Street. New York, NY 10004(O): 1 212 220 2703(M): 1 646 320 [email protected]
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Citibank® Commercial Banking
Citibank Commercial Banking offers a comprehensive
range of financial solutions for small to midsize
companies and their employees. We are dedicated to
understanding and championing our customers’
business. By leveraging Citigroup’s global resources,
expertise, innovation and execution, our dedicated
relationship managers help businesses get where they
want to go.
Citibank is proud to sponsor the Investment Opportunities in Israeli
Cleantech: Water and Energy Solutions Conference
Zahi Levy
Vice President
Commercial Banking
International Sector - EMEA
© 2008 Citigroup Inc. Citibank, N.A. Member FDIC. Citibank and Arc Design is a registered service mark of Citigroup Inc. Citi Never Sleeps is a service mark of Citigroup Inc.
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Platinum Funding Group has been providing financial solutions for more than 16 years to
thousands of companies in a variety of industries including consulting, cosmetics, food,
import-export, manufacturing, professional services, retail, telecommunications, and
technology. Our clients are public and private companies, start ups and well established
businesses. Historically, our clients have annual revenues from $2 million to $150 million.
Platinum has recently opened an office in the UK, in order to address the growing needs of
American and Western European companies.
Platinum Funding Group is a true factoring company doing non-recourse, full-notification
deals. Our look through mechanism allows us to execute a transaction in a very timely
manner (48 hours, at times) while conducting due diligence on the company's debtors' credit
stability only without any need for financial statements, balance sheet, personal guarantees
and the like.
We assist companies that are in their early stage of development, but with annual sales,
lacking the required financial statements, thus unable to receive institutional funding.
Partnering with us enables these companies to improve their balance sheet and prevent
additional dilution to their investors.
Moreover, we work with fast growing companies that may use additional working capital in
order to meet their growing demand and keep up with their internal liabilities. In addition we
finance companies going through a downturn that may not receive funds from a banking
institution, or are seeking funds fairly quickly.
We offer bridge funding, finance M&A transactions, various buy-outs and creative funding
solutions for the closing date by utilizing the Accounts Receivable.
We offer PO financing by paying off suppliers through Tri Party agreements.
In order to evaluate a deal, all we need to review are the aging report and customer's list for
the company. We will be able to reach an informed decision within 2- 3 hours!!!
If you would like additional information about Platinum, please contact one of our business
development representatives at the contact info below. You can also visit our website at
www.platinumfundinggroup.com
Dina Niron Bob Hinson
SVP Business Development SVP Business Development
Dir: 646.315.7216 Dir: 847.398.6874
Cell: 917.667.8222 Cell: 847.902.2213
[email protected] [email protected]
Anne Roslin Anna BelkinaBusiness Development Senior Business Development
Dir: 646.315.7230 Dir: 646.315.7215
Cell: 732.642.9414 Cell: 401.744.3658
[email protected] [email protected]
Santo Caruso
VP Business Development
Dir: 646.315.7224
Cell: 914.625.9539
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PricewaterhouseCoopers IsraelKesselman & Kesselman
Your gateway to IsraelPricewaterhouseCoopers Israel, Kesselman & Kesselman is one of Israel’s senior and largestaccounting firms, with offices in Tel Aviv, Jerusalem, Haifa and Beer-Shiva. The firm's clients, bothpublicly traded and private, represent all sectors of industry and services. We work closely withleading venture capital firms, private equity funds and other investors, as well as their fast growthportfolio companies, at the High-tech, Clean-tech and Biotech sectors.
We offer integrated solutions precisely matched to our clients’ particular deal situation. We combinetax, financial, business assurance, and advisory capabilities covering acquisitions, disposals, privateequity, strategic M&A advice, advice on listed company transactions, financing, and public/privatepartnerships. While every deal is unique in detail, most will benefit from the broad experience webring in the areas of due diligence and tax.
Among our clients are multinational companies and over 80 publicly traded companies in Israel,Europe and the U.S.
PricewaterhouseCoopers Israel is a member of PricewaterhouseCoopers network that providesindustry-focused assurance, tax, and advisory services to build public trust and enhance value for itsclients and their stakeholders.
For more information please contact Guy PremingerTel. +972-3-7954857, E-mail: [email protected]
Kesselman & Kesselman
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The America-Israel Chamber of Commerce has fostered the expansion ofeconomic relations between the United States and Israel for over 50 years.As the only organization totally devoted to bringing US and Israelibusinesses together, our goals are to:
Advance and protect free trade Advocate for policies that encourage investment Increase the flow of trade, investment and transfer of technology Encourage the US and Israeli governments to adopt innovative and progressive
economic programs and policies.
The America Israel Chamber of Commerce Chamber of Commerce has proven itself asan effective voice for the US-Israel business community. Executives and professionalswho are engaged in bilateral trade and investment recognize that their interests are bestsafeguarded by their participation and involvement in an organization devoted tomaintaining an environment that maximizes the potential and profitability of its members.Together we address current issues facing business and industry and share strategies forgrowth and development. Our diverse programs and services afford members a uniqueopportunity to develop high-level business contacts and to exchange ideas andinformation with a constituency encompassing business, trade and government interests.
The Chamber hosts a variety of business and social events:
Providing information to members and soliciting their input on policy issues Facilitating substantive interaction between members and US/Israeli government
policy makers Organizing business delegations to Israel and hosting Israeli delegations to the US Hosting programs with government officials and business associations. Maintaining a dialogue with relevant governmental offices and agencies
Recent events have included presentations by H.E. Eli Yishai, Deputy Prime Minister andMinister of Industry, Trade and Labor; Dr. Robert Hormats, Vice Chairman of GoldmanSachs (International) and Managing Director of Goldman Sachs & Co.; Eric Benhamou,Chairman of 3Com, Palm One, PalmSource and the Israel Venture Network;Ambassador Richard Jones, U.S. Ambassador to Israel, Dr. Joseph Bachar, past DirectorGeneral of the Ministry of Finance, and Chemi Peres, Managing General Partner and Co-Founder of Pitango Venture Capital. Business exchange conferences on KnowledgeManagement, Israel Life Sciences, Alternative and Renewable Energy, Nanotechnologyand Green Buildings have brought together US and Israeli academics and businessleaders.
Opportunities for expansion of trade and investment with Israel continue to grow. Israel’sworkforce and highly developed technological infrastructure for data communications,telecommunications, software, biotechnology, nanotechnology, transportation, and high-end manufacturing is among the best in the world. Membership in the Chamber offers themeans to participate in this expansion by providing up-to-date information, contacts withtargeted business and government leaders, and introductions to new business venturesIn a word, membership in the Chamber is an essential and invaluable vehicle for anyindividual or organization that wishes to penetrate the Israeli marketplace.
Tel: 212-232-8440 ~ Fax: 646-365-3366 ~ www.aicci.net
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Investment Opportunities
in Israeli Cleantech
Water and Energy Solutions
Conference
Featured Israeli Companies
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Featured Israeli Companies
3GSolar
AquAgro Fund
ATI Cleantech Incubator
BioPetroClean (BPC)
Biofuel Turnkey Plants (BTP)
BrightSource Energy
CQM Ltd.
Elcon Recycling
HelioFocus (IC Green)
Impel
IQWind
Miya, Arison Group
Nirosoft Industries Ltd.
Power Electronics Systems
ZenithSolar
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3GSolar
3GSolar is a leading developer of solar energy using Dye Solar Cell (DSC)photovoltaic technology with first applications for off-grid rural areas. DSC is a cost-effective alternative to silicon and thin film-based systems, providing anenvironmentally-friendly solution that produces electricity efficiently even in low-lightconditions. The company was founded in 2003 by Dr. Jonathan Goldstein and itsmain offices are located in Jerusalem.
Unique Selling Proposition
3GSolar aims to manufacture solar energy modules at the globally low cost of $1.40per watt, half of the cost of existing silicon cells. This low-cost manufacturingcapability will make 3GSolar the de facto choice for solar energy in emerging andother cost sensitive markets. Manufacturing lines for 3GSolar’s DSC technology canbe cost-efficiently constructed at less than 25 percent of the size required to reacheconomies of scale for thin film and crystalline silicon manufacturing facilities, andcan be constructed in a fraction of the time with lower operating costs.
Management Team
Dr. Jonathan Goldstein, Founder, Chief Scientist, President
Barry Breen, CEO
Dr. Ilya Yakupov, CTO
Eli Rosh Hodesh, Engineering Manager
Eytan Heller, Vice President of Business Development
Arieh Fine, CFO
Contact Information
Tel: 972-2-572 -0177
Web Site
www.3gsolar.com
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AquAgro Fund, L.P.
AquAgro Fund, L.P. is a venture capital fund focused on investing in Israel’s innovativewater and agriculture technologies, as well as other innovative clean technologies. Thefundamental problems in the global water, energy and food sectors are growing steadilyin gravity and magnitude and present a series of challenges to all of us. Along with thesechallenges, there are big opportunities to create cost effective and groundbreakingtechnologies that will provide solutions on a global scale to these very real problems.
Unique Selling Proposition
Pioneer in focusing in on the water, energy, agro and cleantech opportunities inIsrael
Strong managerial potential with proven track record Valuable portfolio companies Unique investment criteria, late stage deal flow companies
Management Team
Hillel Milo, Managing Partner
Nir Belzer, Managing Partner
Contact Information
6 Kaufman Street
Gibor Building, 14th Floor
P.O. Box 50303
Tel Aviv 68012
Israel
Attn: Didi Kalaydzhiev, Investor Relations and Administration
Web Site
www.aquagrofund.com
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ATI Cleantech Incubator
ATI specializes in discovering innovative and novel technologies in the fields of life
sciences and cleantech, and making them into successful businesses.
ATI – is a technological incubator focused on the healthcare and cleantech sectors. It
provides entrepreneurs with two years of funding including governmental and private
investment and full services including: facilities and resources, marketing, technical,
human resources, legal, financial and accounting. ATI has financed 50 companies
and has worked with its diversified portfolio of companies, some of which are in the
incubation period, some approaching advanced R&D stages and others which have
achieved commercial success and have established worldwide strategic
partnerships.
ATI was established in 1991, as part of the Ministry of Industry and Trade incubator
project and was purchased in 2007 by Biomedix Ltd., a public holding company
traded on the Tel Aviv Stock Exchange.. Biomedix is one of the largest investment
groups in the life sciences fields in Israel.
Unique Selling Proposition
ATI’s winning combination of uncovering breakthrough inventions, investing in R&D,
first-class management skills and providing companies with its strong financial and
long term support are the foundations of success for each company at ATI.
Management Team
Sarit Soccary Ben Yochanan, CEO
Contact Information
Tel: 972 8 6751122
Fax: 972 8 6751113
Web Site
www.ati.co.il
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BioPetroClean
BioPetroClean transforms the treatment of wastewater into an efficient economical
and ecologically-friendly process. BioPetroClean's modular and easy-to-integrate CT
Automatic Chemostate Treatment provides a novel solution to challenges presented
by pollution, environmental regulations and operational cost pressures.
Unique Selling Proposition
BPC simplifies the entire process for waste water bioremediation, resulting in
dramatic savings in operational costs as well as capital equipment and setup costs.
It provides complete visibility over the various process parameters to prevent upsets
and guarantees constant stability
Management Team
David Amir, CEO
Professor Eugene Rosenberg, Chief Scientist
Dr. Shlomo Pelban, Vice President of Research and Development
Dr. Gili Bitan-Banim, Director of Laboratory Research
Dr. Yaron Abadi, Director of Engineering
Yael Barash, Director of Business Development
Contact Information
David Amir, CEO
Web Site
www.biopetroclean.com
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Biofuel Turnkey Plants
BTP are developers, builders, owners and operators of one of the most attractiveBiofuel Energy initiatives in terms of technology, business maturity and financialreturn-on-investment within the biodiesel marketplace today. BTP NexGEN refineriesproduce and sell EU/US standard biodiesel (akin to diesel) within mandatedmarketplaces. Biodiesel reduces greenhouse gas emissions by up to 80 percent .BTPNexGen refineries utilize non-food feedstock such as, but not limited to, the waste by-products/residues (i.e., soapstock; high FFA) of the vegetable oil refinery productionprocess.
Unique Selling Proposition
Within the global $12 billion biodiesel marketplace (AGR > 15 percent), BTP NexGENrefineries will be well positioned to successfully produce, market and sell biodieselwithin the U.S. and/or European mandated biodiesel marketplaces.
Management Team
Vehbi Koc, President and Co-Founder
David Zeidman, Vice President of Business Development & Co-Founder:
Contact Information
David Zeidman, Vice President Business Development & Co-Founder
Tel. 972-505-505-154
Web Site
www.btpbiodiesel.com
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BrightSource Energy
BrightSource Energy, Inc. provides clean, reliable and low-cost solar energy for
utility and industrial companies worldwide. The BrightSource Energy team has more
than 30 years of experience designing, developing and operating solar energy
plants. As the recognized industry leader, BrightSource Energy is committed to
helping its customers reduce their dependency on fossil fuels and protecting the
environment. Headquartered in Oakland, California, BrightSource Energy is a
privately held company with operations in the United States and Israel.
Unique Selling Proposition
BrightSource Energy’s management team, technology and total approach to large-
scale solar has distinguished BrightSource as the industry leader. With more than 30
years experience in the solar energy field, BrightSource has amassed more
operational, financial and technical expertise in the solar industry than any other
company.
World class investors - BrightSource Energy has raised over $160 million in
corporate financing from key strategic investors including: VantagePoint Venture
Partners, Morgan Stanley, Google, BP Alternative Energy, StatoilHydro Ventures,
Chevron Technology Ventures, Black River, Draper Fisher Jurvetson, DBL Investors
(a spin-off from JP Morgan) and others.
Management Team
Arnold Goldman, Founder
John Woolard, Chief Executive Officer
Jack Jenkins-Stark, Chief Financial Officer
Israel Kroizer, Chief Operating Officer
Charles Ricker, Senior Vice President, Marketing and Business Development
Thomas Doyle, Senior Vice President Project Development
Contact Information
Keely Wachs, Senior Director, Corporate Communications
Tel.(510) 550-8153
Web Site
www.brightsourceenergy.com
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CQM Ltd.
CQM develops and markets innovative anti-fouling and energy efficiency solutionsthat keep industrial systems clean and continuously efficient. Its anti-fouling systemsallow customers to achieve increased operational outputs, reduced O&M costs, andmaximaize efficiency and overall performance.
Markets Facilities: Up to 25 percent savings on energy costs for office buildings, shopping
malls, hospitals, hotels, etc. Power Plants: Up to 4 percent increase in annual electrical power Industry: Increased efficiency and reduced maintenance cost for petrochemical,
refineries, pharmaceutical and many others.
Unique Selling Proposition Substantial energy efficiency advanced solutions Chemical free / environmentally friendly Proven track record of more than 3,000 systems installed in 24 countries
Management Team
Zvi Livni, Founder and Chairman
Yaron Jacobs, CEO
Prof. H. Muller-Steinhagen, Chairman of the Advisory Board
Contact Information
Yaron Jacobs
Moshav Tirat Yehuda 51
D.N. Hamerkaz 73175
Israel
Tel: 972-3-973-2080
Web Site
www.cqm-tech.com
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Elcon Recycling
Elcon Recycling Center Ltd. was founded in late 2003 by Dr. Zvi Elgat and a group of
private well established investors. Construction of Elcon’s first plant was finished by
August 2004, and the second plant by August 2007.
Unique Selling Proposition
Elcon Recycling is the lowest-cost provider of outsourced wastewater treatment
services to industries in Europe and North America. Based on our patented Ambient
Pressure Thermal Oxidation Technology™ (APTOT), we deliver a unique one-step
process resulting in full compliance with the most stringent environmental regulations.
Our field-proven model is to establish a prefab facility capable of handling very high
volumes on just half an acre of land, in less than a year. With zero risk to the
customer, we accept full responsibility for all the wastewater management needs,
including regulatory liability.
The goal of Elcon Recycling is to be the leading provider of outsourced wastewater
treatment services to industries in Europe and North America. Elcon intends to
achieve this goal based on its patented Ambient Pressure Thermal Oxidation
Technology™ (APTOT), an economical one-step process resulting in full compliance
with the most stringent environmental regulations.
Management Team
Dr. Zvi Elgat, Founder and CEO
Yaron Aviezer CTO
Avi B. Menashe Chief Chemist
Sagiv Lieber, CFO
Contact Information
Dr. Zvi Elgat, CEO
Tel: 972 -04 -846-.8470
Web Site
www.elconrecycling.com
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HelioFocus
HelioFocus is developing and commercializing modular highly-efficient solar
solutions. HelioFocus’s system is the only dispatchable solar thermal system with
efficiency of more than 20 percent. It comprises a large parabolic mirror that
concentrates sunlight onto a proprietary receiver that enables working temperatures
of more than 1,000°C. The receiver converts the light into heat. The hot air drives a
turbo generator. The company was founded in March 2007 by Dr. Ory Zik, Dr. Sass
Somekh and Prof. Jacob Karni from the Weizmann Institute of Science in Israel.
Unique Selling Proposition
HelioFocus can achieve high efficiency conversion of solar energy to electricity, while
using, proven reliable components. The modular technology allows the flexibility to
penetrate the market through small installations without relying on large project
financing. Unlike conventional solar thermal technologies, the dish technology is
modular. However, unlike dish stirling, HelioFocus uses a gas turbine which is an
established, reliable low cost component that can hybridize with natural gas.
Management Team
Dr. Ory Zik, Co-Founder and CEO
Prof. Jacob Karni, Co-Founder and CTO
Oren Gadot, Vice President of Research and Development
Erez Baron, CFO
Contact Information
Dr. Ory Zik, Co-Founder and CEO
Tel: 972-3-241-2400
Web Site
www.heliofocus.com
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Impel
Impel develops photovoltaic solar panels that are cost effective and practical. Impel’sproduct is categorized within CPV (Concentration Photovoltaic). Inexpensive opticalsystems replace 90 percent of the semiconductor material and concentrate thesunlight on small yet more efficient photovoltaic cells. Until now, this technology hasnot been in use for consumer systems due to its relatively expensive photovoltaicmaterial and the complexity of the peripheral system components.
Impel’s proprietary technology resolves the inherent CPV technology limitations byusing micro-photovoltaic matrices in a cheap and efficient way, allowing consumersolar panel systems based on CPV to be cost effective and practical even withoutgovernment subsidies.
Impel has been founded in April 2007 by Zohar Haviv and Mauricio (Mario) De-La-Vega, semiconductor fabrication and packaging industry veterans with a total of 23years of experience. Impel has strategically partnered with ARKEMA(http://www.arkema.com) to develop its technology, thus marrying the formersemiconductor industry expertise with the latter know-how of performance polymers.
Unique Selling Proposition
Impel’s technology is able to reduce solar panel cost by more than 40 percent byusing proven semiconductor industry technologies and plastic manufacturingtechnologies. Impel’s unique product design seals the solar energy converting corewithin a polymer matrix, thus resulting in a 50 percent lighter, 10mm thick solar panelthat is very well protected from the environment and has a long projected lifetime.Impel’s technology is compatible with any wafer-based photovoltaic cell and does notrequire any Impel-specific photovoltaic cell processing modifications. Unlikeconventional photovoltaic panel technologies, Impel’s technology is implemented onthe photovoltaic cell level, to create modular “mini-panels” with an independent poweroutput that may be assembled in different sizes, in parallel or in a series, hencesuited for diverse needs.
Management Team
Zohar Haviv, Founder and CEO
Mario De-La-Vega, Founder and CTO
Moshe Donovich, CFO and Acting COO
Contact Information
Tel: 972-54-7972150
Web Site
www.Impelmc.com
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IQwind
IQWind is a startup company in the wind energy ecosystem. Its mission is to
introduce a disruptive gear technology into the wind energy market in order to
improve efficiency of old turbines by 15 to20 percent and reduce cost of new wind
turbines by 15 percent while improving their efficiency by 5 percent. Consequently,
IQWind has two large markets:
Existing turbines retrofit fixed speed turbines and significantly increase their
efficiency. The ROI of the operation to the turbine owner is between six months and
two years ($7.5 billion opportunity for IQwind).
New turbines introduce together with wind manufacturers a very competitive new
turbine design in the $37 billion (2007) annual market ($5 billion annual opportunity
for IQwind).
In each of these segments, IQWind’s product can create multibillion dollar value to
turbine owners and manufacturers. Furthermore, IQWind’s efficiency enhancement
will enable new wind farms in many marginal locations where it is not economical to
make wind farms with current technologies.
Unique Selling Proposition
The IQWind flagship product is a unique variable gear system that enables the wind
turbine to convert the variable wind energy to the constant electricity grid frequency in
an efficient way. When installing it in old wind turbines it enables the upgraded ones
to work at 15-20 percent higher efficiency rates under the same wind conditions. In
addition, when implementing the technology in new wind turbines it enables a cost
reduction of 15 percent and efficiency improvement of 5 percent. The product is
based on several unique patents that have commercial potential in other fields, such
as the geothermal and sea tide energy industries.
Management Team
Gideon Ziegelman, Founder and CEO
Nimrod Eitan, Founder and CTO
Eitan Shabtay, Vice President of Research and Development
Contact Information
Tel: 972-9-7486203
Web Site
www.iqwind.com
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Miya, Arison Group
Miya was established by Arison Investments, a leading investment company thatoperates in the global business arena. The company's mission is to help the cities of theworld benefit from the huge opportunity presented by water loss reduction and effectivemanagement of urban water. Miya offers a comprehensive water loss solution formunicipalities, from audit of the city’s water system to full project execution andmaintenance. Miya is partnering with water utilities as a service provider, in order toensure long-term efficiency of the utilities network. The company also invests in R&D fornext-generation products.
Unique Selling Proposition
First global player to offer a comprehensive water efficiency solution and a one-stopshop for water loss projects
Company has adopted the International Water Association (IWA)/AWWAmethodology
The professional team includes the world’s leading experts in water lossmanagement (as well as leading members of the WLTF), in areas such as thedevelopment of water efficiency strategies, demand management, leak detection andactive leakage control, the establishment of DMAs, pressure management solutions,pipe repairs and management & control software
Miya’s financial backing enables the company to offer unique financing options tomunicipalities, thus making water loss management projects both viable andprofitable
Management Team
Booky Oren, President and CEO, Miya, Arison Group; Chairman of WATEC 2009
Ran Kedem, Vice President of Business Development
Amit Horman, CFO
Tami Gaoni-Feldman, Vice President of Marketing
Ariel Moshkovitz, Vice President of Corporate Development
Nir Peleg, COO
Contact InformationIsraelTel: [email protected] Fanner – Veritec, A Miya GroupCompany; Tel: (916) 449 9941
Web Sitewww.miya-water.com
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Nirosoft Industries Ltd.Nirosoft Industries specializes in providing turn-key, tailor-made solutions in the field of water
and wastewater treatment, for a wide range of applications and clientele world-wide. We are
active mainly in the range of medium-sized projects, from 20 – 20,000 cu.m/day. Main fields of
activity include sea water desalination systems for supply of potable water (utilizing reverse
osmosis technology), production of demineralised/ultra-pure water for power stations and the
pharmaceutical industry (using advanced EDI technology), mobile and containerized water
purification systems for supply to remote locations. In house capabilities include process
design and optimization (including a water treatment laboratory), detailed engineering and
design, manufacture and assembly of the systems (metal-works, piping, electrical & controls),
on-site installation and commissioning, after-sales support and trouble-shooting. In addition to
the company headquarters in Carmiel, Israel, Nirosoft maintains subsidiary sales-orientated
companies in Australia and Italy.
Unique Selling Proposition
Utilizing its experience of over 18 years and an in-house staff of multi-disciplinaryprofessionals, Nirosoft can provide turn-key, tailor-made solutions to our clients. Our ability toprovide flexible designs to meet project-specific requirements and our in-house production &manufacturing capabilities allow us to meet our clients’ needs in a cost-effective manner andwith relatively short delivery times. We are also able to provide financial assistance to selectedclients, through leasing, BOT, BOR, etc.
Management Team
Mr. Mino Negrin – Founder and CEO
Mr. Avi Bonibay – V.P. Operations
Mr. Moti Wilner – V.P. Finance
Mr. Marc Krieger – V.P. International Marketing & Sales
Contact Information
Tel: 972-4-9883311 Fax: 972-4-9883313 [email protected]
Web Site
www.nirosoft.com
444635.1
Power Electronics Systems
Power Electronics Systems (PES) is a leading global provider of energy-efficiency
solutions. Leveraging decades of power electronics R&D, voltage control expertise and
environmental concern, we deliver products for a range of lighting, HVAC and electric
motor applications. Built around proven core technology, our market-leading solutions not
only enable customers to improve energy efficiency and cut costs, but also contribute
towards a greener environment.
Unique Selling Proposition
PES has developed advanced technology that serves as the foundation for our entire
offering. Based on the reproduction of a sinusoidal voltage wave without generating
distortions or electromagnetic interference, our groundbreaking technology optimizes the
voltage supply to discharged lighting systems and induction electric motors. As a result,
just the right amount of energy required to maximize efficiency is delivered to each
controlled device, eliminating wasted electricity and saving energy.
Serving a wide range of applications in diverse verticals, PES solutions deliver powerful
business benefits underscored by direct electricity savings of up to 35 percent and
reduced total cost of ownership of up to 50 percent. At the same time, our products
diminish peak demand, decrease network losses and reduce CO2 emissions, thereby
benefiting the public and enhancing the environment. With a proven ROI of typically two
years or less, PES solutions are cost effective, maintain a small footprint and are easy to
install and operate.
Management Team
Eran Tagor, Co-Chairman and CEO
Shimon Limor, Co-Chairman and CTO
Contact Information
Eran Tagor, Co-Chairman and CEO
Web Site
www.pe-sys.com
444635.1
ZenithSolar Ltd.
ZenithSolar has developed and is now commercializing a modular, combined heatand power (CHP) high-concentration photovoltaic (HCPV) solar energy system tomarkets that have thermal energy demand. The ZenithSolar system is the onlyphotovoltaic system that reaches more than 70 percent system efficiency of usableenergy output by leveraging the residual heat for our customers’ thermal energyneeds. The 11m2 dish-design module separates the energy collection and the energygeneration – using more than 1,300 small mirror facets that cover the dish for sunenergy collection – and focuses all of the energy on one 100cm2 high efficiency solarcell generator. This separation allows for simplified manufacturing processes of thesystem – where the collection dish is fabricated from plastics, metal and mirrors; andthe generator is fabricated together with our solar cell fab partner. By using off-the-shelf two-axis tracking systems, the ZenithSolar system creates an electricity outputof about 2 KWp that can be used and/or fed into the utility grid; and a thermal outputof more than 5 KWp at about 80Co (175Fo), which can be used for domestic hotwater needs, industrial processing, hotels and SPAs, etc.
Unique Selling Proposition
Combined heat and power – allowing the system to be competitive withtraditional forms of energy generation without government subsidies
Full vertically integrated strategy Separated energy collection and generation Modular and scalable – the 11m2 modules can be deployed in one module to
thousands of modules in creative configurations Unique marketing strategy – focused on markets that think about thermal energy
first (industrial, hotels, hospitals and gated communities) Broad and secure IP portfolio
Management Team
Roy Segev, Founder and CEOBob Whelan, CTODr. Ilan Lozovsky, COOAbraham Bechar, Chief Production OfficerProfessor David Faiman, Co-Founder and Chief Scientific Advisor
Contact InformationRoy SegevTel. [email protected]
Web Sitewww.zenithsolar.com
444635.1GOVERNMENT OF ISRAEL
ECONOMIC MISSION
MINISTRY OF FINANCE