Presentation about NanoForge as of Jan 2012, and the development of Copper Nanowires for Transparent Conducting Films

Presentation about Nanoforge as of 1-28-12

1. Why NanoForge? Solves a critical and Global Problem Cost is far less than ITO (ITO costs $50 m -1) Performance advantages on flexible substrates NanoForge has unique IP with proprietary know-how application and process patents (applied for) Worldwide sales Estimated $145MM revenues by year 4-5 post investment Capital requirement $750k - $2.5MM depending upon velocity of plan

2. Allow for new, flexible applications, e.g. solar tent Enable electronics to conform to the body Increase resistance to mechanical damage Reduce weight Reduce Cost – High-Throughput, Roll-to-Roll Production Motivation – From Flat to Flexible

3. Market Size NanoForge Strategy: 1) Enter emerging markets to establish high growth 2) Substitute for growth of ITO in traditional market Conservative penetration estimation: 1-2% of total market = $120-$240Million Emerging Established

4. Another view of markets open to nanowires

5. Copper Nanowire Ink from NanoForge Copper nanowire inks from NanoForge are the lowest-cost and highest performance alternative to ITO Unique water-based copper nanowire synthesis process Wires literally “grow” in a chemical solution - process easily scaled Small production facility can serve large market: Current capacity: 400,000 sq ft. / yr. Extremely low cost for production facilities and large scale manufacturing. Copper printing and etching processes well established http://www.youtube.com/watch?v=6b_-oydvqEA

6. Dark-Field and SEM Images of Films 0.04 g Per m 2 0.06 g Per m 2 $0.0005 o f C opper/m 2

7. Transparent Conductor Comparison (2011) NanoForge Confidential 7

8. Highly Flexible NanoForge Confidential 8

9. Transmission Performance NanoForge Confidential 9

10. Cupronickel Cupronickel coin of king Pantaleon c . 170 BCE. 75% Copper 25% Nickel Cupronickel coin of the U.S., 1938-2006 75% Copper 25% Nickel

11. Cupronickel Nanowires

12. Cupronickel Nanowire Performance

13. Resistant to Oxidation

14. Cupronickel Nanowire Color

15. Companies in TC Nanowire Space producing product in > gram quantities Silver Nanowire Cambrois NanoMeet CareStream RAS materials GmbH BlueNano SeaShell Nanocs NanoTrons Nanostructured & Amorphous Materials Inc. Zhejiang Kechuang Advanced Materials Co . Ltd . Beijing NanoMeet Technology Co . Ltd TC-Quality Copper Nanowire NanoForge

16. Sales structure Roll-to-roll manufacturers Display and PV Systems Manufacturers Fully integrated Materials & Systems Manufacturers Customer

17. Sales status Products : Aug 2010 – November 2012 : 41 companies have purchased product $ 500-750/g sample price

18. Customers 3M Altana - Eckart AMOLF Asahi e- matl Asahi glass Bergische-wuppertal.de Boeing Carestream Chemnitz Co.Ri.Metal S.R.L. Dowa Ferro Hutchenson Indium Corp Innova Dynamics JNC JSR Kaist Lockheed Martin Luna Material nova Merck MIT Nitto Denko NRC-CNRC N th degree Plextronix Purdue TDK SCM Metals Solexant Solutia Solvay Sony Sumitomo Surray SVP japan T-ink Toray UMEA sweeden UTEXAS AUSTIN

19. Market data Growth of touch-screen based computing far outpacing traditional PC/Laptop sales Market Leader gaining traction Cambrios / LG announcement (Oct 30 2012) Cambrios with film maker Okura Industrial Co. Ltd. and sensor maker Shin-Etsu Polymer Co., Ltd. (Oct 1 2012) Silver nanowire inks commercially available from multiple sources Showa Denko / Novacentrix (Oct 4 2012) Continued investment in market C3Nano Raises $6.7 Million Series-B Funding Led By Phoenix Venture Partners (February 15, 2012)

20. IP Status

21. Development Opportunities Transfer and characterize/scale next generation technologies from Duke: Thinner copper nanowire process Room-temperature annealing process Reformulation of copper-nickel process to reduce cost Develop stable Ink formulations Develop prototype R-R process for T/C film to demonstrate capability of technology Customer application development - demonstration touch screen, PV cell or other application