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Acquisition Deck BOS Hive Lighting Inc. www.hivelighting.com 310 773 4362 High Output Plasma Lighting

GloSho'14: Company Showcase - HIVE

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GloSho'14: Company Showcase - HIVE

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Page 1: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Hive Lighting Inc.www.hivelighting.com

310 773 4362

High Output Plasma Lighting

Page 2: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

• 30+ years of Film & TV lighting sales experience• Grew sales from $80K to $12M in 2.5 years, as Director of Sales for Litepanels• Key player in the Litepanels sale for $65M in 2008• Former owner of Bardwell & McCallister, the oldest lighting company in Hollywood

• Award winning cinematographer• Clients include Pepsi, Toyota, Heineken, Good Magazine, FX Network, Sprint,

American Apparel, Universal Studios, Quiksilver, MTV and more• MFA from USC Film School, BA from Brown University

• Founding partner GGI (energy efficiency consultancy, clients include Google, Dynaroll, EJM)

• 5 years in film industry for MRC and Endeavor (finance, development & talent agency)• BA from Brown University

Next hires: VP Engineering, Controller, Warehouse Manager

The Hive TeamUniquely experienced with 65+ years of deep industry & market expertise Robert Rutherford President / CEO

Jonathan Miller Chief Product Officer / CTO

Jaime Emmanuelli Worldwide Director of Sales

• Investment banker for 18 years with Lehman Brothers, Morgan Stanley & Bear Stearns focusing on Stadium Financing including the Staples Center

• EVP & CFO for a nationwide human services company with 24,000 employees• Harvard College – American History & Lit. Editor of Harvard Lampoon. MBA from

HBS.

John Gillespie Board Advisor

• Founder/principal of CFO Consulting firm, Xceed Business Solutions• 10+ years of growing $5M-$50M revenue start-ups and VC-backed companies in the

Telecommunications, Biotech, Aerospace, Healthcare, Entertainment & Merchandise spaces.

Daniel Nannenga Financial Advisor

Page 3: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

50% energy saving15+ year lifetimeLess heatSuperior colors

VS

8+ inchesInefficientVery Hot

PlasmaHMI / Metal Halide(current industry standard)

Page 4: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

• 90% less energy

• Less expensive upfront

• Higher quality light

• Bulbs last 30X longer

• No ballasts

• Fewer cables & Generators

Built BrightHive was the first company to bring Plasma to Film, TV and Entertainment lighting

Page 5: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Outdoor: $14.5 BArchitectural: $8 BIndustrial: $6.5 BImage-Capture: $1.3 B

Hive can do all high output lighting$30 Billion Annually*

*McKinsey & Co.

Proven in the demanding image-capture market, Hive is to expanding to other high-brightness markets, starting with Stadiums and Arenas

Page 6: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Stadium & Arena Lights = $40B Market Alone

VSVS500 Watts 1200 Watts

Page 7: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

7

PlasmaFull & Continuous Spectrum

HMI / Metal HalideDiscontinuous Deficient Spectrum

Superior ColorsHive matches the Sun

SunSun

VS

Page 8: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

• 500+ productions have experienced Hive lights

• Used on Feature Films, TV, Music Videos, Commercials, Events & Digital Productions

• Clients: CSI, Parenthood, The Mentalist, True Blood, Sony, Fox, NBC, Paramount, Viacom, Nickelodeon, BMW, Lionsgate, HBO, Pepsi, Sprint, Electronic Arts, The Rotary Club, Heifer International, Good Magazine, Joss Whedon and hundreds more

“”- Jay Hunter (DP) and Joss Whedon (Director - THE

AVENGERS, BUFFY THE VAMPIRE SLAYER, FIREFLY)

I really loved the quality of the light. Hive's lights were perfectly

suited for what we were up against...

Trusted in Entertainment

Page 9: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Our suppliers:

• Luxim Corp: 50 patents granted

• Topanga Tech: 32 patents granted

• Whiterock Optical: Reflector designer Ph.D. Tom Hough holds 12 patents

• Accuratus Corp: Reflector manufacturer with world’s only 99% reflective ceramic

Patented and Exclusive

Hive’s technology has dozens of patents granted and more are pending

Exclusivity:

• Reserved house accounts (Full exclusivity as long as sales progress is being made)

• Our bulb supplier will not sell to our 5 largest competitors in the image-capture market

Patents pending:

• Use of plasma technology in image capture applications

• Use of 99% reflective ceramic reflector with plasma technology

• Hexagonal linking mechanism

Patents filing 2014:

• Stadium light fixture

• Holographic lens system

• Electronic color temp control system

• 6 design patents on fixture housings

Page 10: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

*All data from manufacturer’s specs: http://nila.tv/sl/

Competition: What about LEDs?!?

Hive’s Arena Brightest LED on Market*

The brightest LED is 50% less energy efficient than Hive’s Plasma, more expensive, larger, heavier and renders color poorly.

VS500 Watts 500 Watts

25 lbs. 76 lbs.

12" x 12" x 10.5” 21" x 16" x 27”

$2,500 MSRP $7,000 MSRP

Flicker-free to 225,000,000 fps

Flicker-free to 1500 fps

1,800 footcandles @ 25 ft. = 50% brighter

1,200 footcandles @ 25 ft. = 50% less bright

Full spectrum daylight Inferior color rendering

No glare Lots of glare

Page 11: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

• First company making LEDs for image capture, founded 2005

• Revenues of $5.8M in 2007 and $5M in the first 1/2 of 2008.

• 2008 revenue was projected to be $12M+

• Sold to the UK’s Vitec Group in mid-2008 for $64.5M ($14.5M cash + $50M in sales bonuses)

• $64.5M / $12M — a 5X multiple

• First company using colored LEDs for architectural and stage lights, founded 1997

• Raised $61.1M over several VC rounds and went public in 2004 with a $51.8M IPO

• Their 2006 revenues were $65.4M

• Bought by Philips in 2007 for $791M

• $791M / $65.4M — a 12X multiple

2.5

Years

10 Y

ears

Exit OpportunitiesComparable exits in entertainment lighting

Page 12: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Plasma LightingFilm, TV, stadium, arena, building, bridge, sculpture, sports field/court, area, broadcast, live event, gym, parking lot, roadway, and high brightness applications

Page 13: GloSho'14: Company Showcase - HIVE

Acquisition DeckBOS

Help Hive make high output lighting cleaner & greener,

one bright, beautiful & energy-efficient light at a time.

Contact: Robert Rutherford – President310.773.4362

[email protected]

Budget, P&L and full Prospectus are available.

Hive is seeking capital to build & sell our disruptive

lights