MissionIoxus, Inc. develops, manufactures and

commercializes innovative ultracapacitor technologies to serve a wide range of

energy storage markets

© 2007-2009 Ioxus, Inc. All rights reserved.

Ioxus Electrode at 1000X

Ioxus, Inc.

© 2007-2009 Ioxus, Inc. All rights reserved.

Founded 2006

Technology Ultracapacitors; Pseudo-Ultracapacitors

Markets Served • Transportation• Alternative Energy• Military

Financing VC funded and grant funded from federal, state and local sources

Parent Company Custom Electronics, Inc. (Est. 1964), and serves military, medical, and industrial applications

Management Team

• CEO – Michael Pentaris• COO - Chad Hall• VP – Marketing - Michael Tentnowski• CTO - Thor Eilertsen

Employees 16 and growing

Location Oneonta, NY

1964: Custom Electronics, Inc. founded1970: Started producing Teflon film capacitors1980: Created high-voltage modules1990: Developed high-voltage, low inductance caps2003: Began investment in new technologies2004: Ultracapacitor development initiated 2006: Ioxus founded - developed EDLC technology2007: Planned EDLC in-house production facility2009: Production began in July (100F-2000F cells)

Heritage

© 2007-2009 Ioxus, Inc. All rights reserved.Ioxus Electrode at 8000X

CEI is AS9100 and ISO- 9001 certifiedIoxus is following with both certifications

Management Team

© 2007-2009 Ioxus, Inc. All rights reserved.

15 years of engineering leadership; primarily responsible for dramatic improvements to manufacturing operations

17 years of Marketing and Business Development of high-tech companies and products; National Lab technology commercialization

30 years as Research Engineer; instrumental in pioneering new technologies; developed original concepts that expand electrochemical voltage limits for EDLCs

High power density (10 times the power) Quick charging and discharging (seconds vs. hours) Stable characteristics in a wide temperature range (-

45°C vs. -20°C) Long cycle life (500,000’s vs. 10,000’s)

Typical Ultracapacitors vs. Batteries

© 2007-2009 Ioxus, Inc. All rights reserved.

Technology Comparison

AvailablePerformance

Lead AcidBattery

Ultracapacitor ConventionalCapacitor

Charge Time 1 to 5 hrs 0.3 to 30 s 10-3 to 10-6 sDischarge Time 0.3 to 3 hrs 0.3 to 60 s 10-3 to 10-6 sEnergy (Wh/kg) 10 to 100 1 to 10 < 0.1Cycle Life 1,000 >500,000 >500,000Specific Power (W/kg) <1000 <10,000 <100,000Charge/discharge efficiency

0.7 to 0.85 0.85 to 0.98 >0.95

© 2007-2009 Ioxus, Inc. All rights reserved.

Providing backup power in the event of sags or interruptions

Time

Pow

er

Required power for application

Ultracapacitor discharges to fill the gaps

Available power from grid

Ultracapacitor AdvantageVoltage Sag Support

© 2007-2009 Ioxus, Inc. All rights reserved.

Higher Capacitance; Smaller Form Factor

Providing Power to meet peak demands

Time

Pow

er

Required power for application

Ultracapacitor discharges to add Power

Available power from battery, fuel cell, power grid etc.

Ultracapacitor AdvantageBurst Power

© 2007-2009 Ioxus, Inc. All rights reserved.

Quicker Delivery of Greater Power

Competitive Differentiators

• Higher Power Density – twice most competitors• No Compromise of Energy Density• Lower ESR (Equivalent Series Resistance)• More Capacitance; Smaller Form Factor• Lower Tolerances (+/– Capacitance Variations)• 12 Patent Applications - EDLC improvements• Continued Development - higher energy solutions• RoHS Compliant• Environmentally-Friendly

Made Entirely in the U.S.A.© 2007-2009 Ioxus, Inc. All rights reserved.

Target Applications

• Mass Transit• Hybrid Electric Vehicles• Train/Light Rail• Peripheral Power• Engine Starting

Transportation

© 2007-2009 Ioxus, Inc. All rights reserved.

The Ultracapacitor Advantage1. When connected in parallel with grid power, the ultracapacitor provides

instantaneous power when needed2. Peak power shaving and highly efficient regenerative capability 3. During power outages, ultracapacitors provide bridge power until a fuel cell,

generator or other temporary power source is started4. Individually powering control circuitry, ultracapacitors insure that critical

safety switches are operable during power outages

Major Applications• Critical continuous manufacturing facilities• Material Handling (forklift and scissor lifts)• Hospitals and other emergency facilities• Replace banks of lead-acid batteries at power grid and

telecommunication relay sites• Provide startup power for industrial and home fuel cells

Industrial Power Management

© 2007-2009 Ioxus, Inc. All rights reserved.

Longer Life Cycles

The Ultracapacitor Advantage1. Ability to deliver burst power2. Accepts fast charging from various sources3. Power can be located at point of need

Major ApplicationsHybrid Electric Vehicle (HEV)

Boost accelerationCapture braking energyPeripheral electronics support

Standard Automotive42-volt subsystem for radios and electronicsSupplemental 12 volt starting and power managementSafety power for breaks, windows, telephone, locksEmergency lighting

Transportation

© 2007-2009 Ioxus, Inc. All rights reserved.

More Capacitance; Smaller Form Factor

Automotive

Start-Stop

Recuperation

Torque Assist

Electric Drive

Instant Heat

Electric Steering

Ultracaps

Ultracaps

Engine(Gas or Diesel)

Transmission Full Hybrid

UltracapsUltracaps

Engine(Gas or Diesel)

Transmission

Micro Hybrid

© 2007-2009 Ioxus, Inc. All rights reserved.

Military

The Ultracapacitor Advantage1. Ability to deliver burst power2. Low temperature operation3. Accepts fast charging from various sources4. Power can be located at point of need

Major ApplicationsTransportation

Boost accelerationCold startingElectronic subsystems support

Weapons and Communications42-volt subsystem for radios and electronicsSurveillance buoysRail, ray and laser gunsWarhead control

© 2007-2009 Ioxus, Inc. All rights reserved.

Parent Company has 45 Years Producing Military-Spec Capacitor Technology

Today’s technology is acceptable for low voltage commercial applications

Cos

tPe

rfor

man

ce

Development Focus

EmergingAdvanced

State of the TechnologyCommercialized

Industry Drivers

The future is in high voltage, cost effective solutions

2 Volts 250 Volts 600 Volts 1500 Volts

© 2007-2009 Ioxus, Inc. All rights reserved.

Grants and R&D

Ioxus has received millions of dollars in grant funding from federal, state, and local resources

R&D efforts include innovations that increase ultracapacitor energy, electrode enhancements that increase power density, and power modules that solve energy and power density issues

12 patents applications have been filed, while numerous others are being prepared

© 2007-2009 Ioxus, Inc. All rights reserved.