power driven by innovation NASDAQ:MDTL

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power driven by
innovation(NASDAQMDTL)
November 2006
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Program Status

• Worlds first commercial portable fuel cell
  solution
• Large and growing market opportunity
• Inflection point of commercialization, with
  retail and enterprise distribution strategy in
  place
• Mass production capacity in place to produce up
  to 1.5 million units per month by the third
  quarter of 2007
• Significant intellectual property, trade secrets
  and technological know-how

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Paradigm Shift in Portable Fuel Cell Technology

• Innovative architecture
• Materials and design significantly lowers
  component costs vs. other solutions
• Fuel based on proprietary borohydride fuel,
  alkaline solutions combined with alcohols
• Does not require a water management system, a
  forced air system, a heat control system, a
  reformer or other complex system
• Eliminates the use of platinum on the cathode,
  and plans to eliminate all platinum
• Technology improves fuel cell performance in
  power output and operating time relative to size
  and weight
• Safer less flammable patented fuel, which avoids
  methanols levels of toxicity and flammability
• Proprietary power management system
• Elimination of heat issues (85 efficient)
• High levels of power density at a broad range of
  temperatures

Source
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Medis Has Produced the First Cost Effective and
Efficient Portable Fuel Cell Solution

• Pocket sized, portable, disposable fuel cell
  recharging power source
• 90 mm x 60 mm x 35mm (after activation)
• less than 180 grams
• Cost effective and easy to use
• Ideal for on-the-go charging for wide range of
  mobile devices
• Enables continued use while at the same time
  charging the battery
• Provides
• Up to 20 hours of use-time for a Smartphone
• Up to 30 hours of talk-time for mobile phones
• Up to 80 hours of extended play on iPods
• Extended shelf life of over 1 year before
  activation and up to 12 weeks after activation

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Compelling Value Proposition for Service
Providers, Mobile OS Providers and Mobile
Enterprise
Emergency/First Responders
Mobile OS Providers
Mobile Service Providers
FEMA\Police Firefighters

• Compelling ARPU proposition
• Multimedia based subscriber revenues increasingly
  important source of income
• Power to keep subscribers connected for longer
  periods
• PowerPack itself an additional revenue source for
  service providers

• Extended mobile power source promotes mobile
  enterprise device and software adoption
• Microsoft expects 100 million smartphones running
  Microsoft Mobile 5.0 in the market by 2007
• Symbian has 60 million smartphone devices in the
  market today

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Intellectual Property Know-how

• 8 US patents and 24 patent applications
• Several international patents, including Russia
• 18 International Patent Applications in 17
  countries
• Continuing to file patents worldwide related to
  all aspects of our fuel cell technology
• Fuel Composition
• Catalysts
• Fuel Cells
• Refueling System
• Gas Elimination Device for Fuel Cells
• Disposable Fuel Cells
• Power Management System
• DC-DC Converter
• Significant trade secrets and know-how provide
  significant barrier to reverse engineering

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Current Key Distribution Relationships
Can we mention all of these names?

• Big Box
• Office Supply
• Mass Retail
• On-Line Retail
• OEM Channels

• Complete fulfillment for Cellular Stores
• Distributor for Cellular Stores
• With Branding Rights
• Cingular/ATT Wireless
• Alltel
• T-Mobile USA

• ASE International
• 60,000 doors in US, Canada UK
• Drugstores/Convenience Department Stores
• Airport Shops Duty Free Shops
• Placed order for 200K/Mo
• 1st year production of automated line ( 15 of
  capacity)
• 400K/Mo of 2nd year production

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Manufacturing Capability

• First fully automated line up and running in Q2
  2007
• Ramp up to 45 units produced per minute, or 1.5
  million units produced per month in Q3 2007
• Future lines being developed

• Assisted in development and design of Medis
  semi-automated production line
• In September 2005, contracted to manage fully
  automated 1.5 million unit/month production line
  and fuel production facility at Celesticas
  Galway, Ireland facility
• Three-year agreement

• Ismeca contracted to build fully automated
  production line
• Completion of the line in Switzerland is planned
  to occur in December 2006
• Once completed, it is to be disassembled and
  reassembled at Celesticas Ireland facility

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Other Target Market Opportunities
Military Applications
Laptop Market
Small Office Home

• Developing Power Packs for military
  specifications, including a disposable product
  for GSM phones, unmanned sensors and other
  military products
• Successfully tested an 8 watt, 5 volt prototype
  refuelable product Intronix GoBook tablet
  computer, through General Dynamics under military
  program
• 800 watt demonstration unit for unmanned air
  vehicle with Israel Aircraft

• Announced program for the development of
  refuelable fuel cells for laptop computers at
  meetings with major computer OEMs
• Plan to deliver 15-20 watts and 12-15 volts for a
  period of 8-10 hours on each refueling
• 24 month program

• Announced program to develop refuelable cartridge
  fuel cell products to be used for stationary
  power / backup for small office and home use
• The initial product concept has a preliminary
  size of approximately 40x60x50cm and a system
  weight of approximately 25 Kg
• 30 month program

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thank you