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Sunstallion Energy Corporation

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Sunstallion Energy Corporation

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    1. Sunstallion Energy Corporation

    2. Sunstallion a California corporation founded to exploit markets for fuel cell catalysts utilizes patented technology to distinguish and add value to its catalysts 2 Sunstallion

    3. James Benson, Ph.D. founder of Sunstallion more than 35 years experience in technology businesses occasionally works as an expert witness in biochemistry and in patent infringement matters 3 Sunstallion

    4. Sunstallion 4 Approach Sunstallion has licensed patented technology that yields graphite microstructures these microstructures significantly reduce platinum requirement Sunstallion will sell improved catalysts to fuel cell manufacturers

    5. Commercial Fuel Cell 5 Sunstallion

    6. Sunstallion 6 Patent Protection underlying technology protected by issued patents recent patent applications will provide ~ 20 years protection

    7. Sunstallion 7 Targeted Applications fuel cell catalysts biocatalyzed fuel cells batteries

    8. Partnerships Sunstallion has partnered with a major CMO to provide ISO 9000 products this partnership allows Sunstallion to begin operations without capital costs of manufacturing 8 Sunstallion

    9. Sunstallion Research Facility Sunstallion occupies a research facility in Mountain View, CA 9 Sunstallion

    10. Underlying Technology Sunstallion 10

    11. Graphite Structure patented process provides graphite microstructure graphite provides strength and is highly conductive ideal for attachment of catalysts 11 Sunstallion

    12. DarkIon™ 12 Sunstallion

    13. DarkIon™ Microstructure interconnected graphite microstructure is highly conductive large cavities allow efficient attachment of catalyst 13 Sunstallion

    14. Application to Fuel Cells 14 Sunstallion

    15. Commercial Fuel Cell two-dimensional polymer sheet is coated with thin layer of platinum-carbon particles hydrogen gas is catalyzed and releases an electron; water is by-product all activity takes place on surface of polymer sheet 15 Sunstallion

    16. Two Dimensional Membrane Sunstallion 16

    17. Formation of Hot Spots Sunstallion 17

    18. Lifetime Issues fuel cells are expected to last at least 5,000 hours (about six months) fuel cells fail due to agglomeration of platinum particles on surface of membrane this results in “hot spots” that create holes in membranes, causing leakage 18 Sunstallion

    19. DarkIon™ Catalyst provides three dimensional graphite structure that lifts platinum from surface of polymer sheet exhibits high conductivity produces power using about 20% of platinum required in commercial fuel cells Sunstallion 19

    20. A Three Dimensional Electrode 20 Sunstallion

    21. DarkIon™ Microparticles Sunstallion 21

    22. Technology Key large cavities permit thorough loading of catalytic components such as platinum or alloys open structure enables free ingress of hydrogen to component site and egress of by-products catalyst component held away from membrane surface Sunstallion 22

    23. Sunstallion 23 Business Plan

    24. Feasibility Work Completed DarkIon™ prototype provided equivalent output to commercial product, but used about 20% of platinum Sunstallion 24

    25. Initial Product first product will be DarkIonTM catalyst targeted customers: all manufacturers of fuel cells development will continue to further refine product for second and third generation 25 Sunstallion

    26. Pipeline Products biocatalytic product for fuel cells: use of enzymes to generate electrons energy storage device with greatly reduced recharge time 26 Sunstallion

    27. Sunstallion 27 Market market for catalytic components of fuel cells is currently $1 billion estimate sales of DarkIon™ products will reach $400 million, and continue upward lower cost of platinum will appeal to most users market expected to grow rapidly

    28. Sunstallion 28 Management Dr. Benson will act as interim CEO for 12-18 months following development, the Board will hire CEO from fuel cell industry to lead Sunstallion

    29. Sunstallion 29 Budget and Use of Funds Sunstallion will require $6 million: optimization for DarkIon™ configuration transfer of final formulation to CMO purchase of DarkIon™ ISO 9000 materials from CMO evaluation by customers establish marketing and sales organization

    30. Sunstallion 30 Time to Market use of CMO eliminates manufacturing overhead and capital equipment CMO responsible for production under ISO 9000 estimated time to market: under two years

    31. Sunstallion 31 Exit Strategy Sunstallion seeks IPO or be acquired by large energy company in three years

    32. Sunstallion Energy Corporation

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