Today’s Agenda

Solar Industry

Introduction to PVI Solar

Solar Power Management – How it Works

Solar Signage Applications

Financial Benefits

Today’s Solar Industry

Solar Industry Global Growth

• Global Solar Installation - 2,826 megawatts (MW) in 2008, representing growth of 62% over the previous year.

• U.S. is the 4th largest solar market but has much more solar resources than Germany.

US Solar Industry Growth

U.S. Solar PV Installations (MW)

105

140

220

0

50

100

150

200

250

Year

U.S

. So

lar

Inst

alla

tio

ns

(MW

)

Solarbuzz Market Reports – 2004 through 2008. www.solarbuzz.com Greentech Media, 2/11/08, Jon Guice, PhD and John D.H. King, MS MBA

Of the 220 MW installed in 2008, grid connected solar products accounted for 190 MW. opportunity for off grid applications such as solar powered signage.

65% of the installed solar is large commercial/utility scale solar projects.

PVI Solar

The Formula for Power…

( ) = ( ) * ( )Power P Voltage V Current I

We Put Power First

PVI Solar Overview

Headquartered in Kingston, New York

and incubated since 2007

Affiliated with Fala Technologies, 60 years

in semiconductor and nanotech

Partnered with TSEC – The Solar Energy

Consortium, Non-Profit

Management team has a combined 100

years of experience in high technology

100,000 square ft. of manufacturing in U.S.

Sales Offices in New York, Colorado, Florida

and Texas

About PVI Solar

Our core technology - PowerLine™ - enables us to take solar power beyond conventional capabilities

Building technologies that create practical solar powered applications

Designing integrated power-system and products

Providing a broad range of off-grid solar-powered products, including commercial signage and lighting

PowerLine™ Our Premier Solution

The centerpiece of PVI Solar’s power management approach

Uses NASA HOMER renewable energy data and software

User definable settings

PowerLine manages automatic system adjustments based on current battery level and recent history of available sunlight and ambient temperature

PowerLine continuously monitors vital system diagnostics to enhance power management and extend battery life

PowerLine™ Features

Uses a temperature compensating algorithm to adjust battery charging and capacity calculations

Extended operating range: (-45o F to +135o F)

Adapts to the seasons by tracking daily history of available solar energy

Recognizes the difference between night/day and overcast weather or ambient light

Uses pulse width modulation of LEDs to maximize system efficiency and power availability

Utilizes various survival modes to perpetuate continued operation under extreme adverse conditions

Why PVI Solar?

Totally Off Grid

Superior Run Time

– 8 day duration vs. 2 - 4 days without power mgmt.

– Solutions designed to run perpetually

Scalable, Measurable ROI

Integrated Power System/Product Designs

Green Marketing/Branding

PVI Solar

HOW IT WORKS…..

Energy Capture and Storage

*PMU-microcontroller that governs power functions of digital platforms

Energy Management

PVI Solar

SOLAR SIGNAGE…..

Operation & Maintenance

No electrical infrastructure or electrical bills

LEDs require much less maintenance

No Ballasts to replace

Lower Installation Costs

Offset CO2 Emissions

No Trenching/No Re-Paving

Low Voltage/Reduced Liability

Immune to Power Outages

Solar-Powered Illuminated Signage

Applications

Applications

Applications

Applications

Applications

Applications

Applications

Standardizable

Next Target Market

PVI Solar

FINANCIAL BENEFITS…..

Solar Investment Tax Credit

Simple example:

Total Installed Cost = $1 MM% of costs that are solar = 55%Basis for Solar Costs = $550,000Tax Credit (30%) = $165,000

Reduced Capital Cost = $835,000

Investment Payback

Capital & Installation Costs Fluorescent PVI Solar NUMBER OF Signs 100 100

Capital Costs $ 150,000 $ 410,000

Installation Costs $ 180,000 $ 75,000

Tax Incentives N/A $ (97,000)

Net Total Capital & Installation Costs $ 330,000 $ 388,000

(Solar also qualifies for MACRS Depreciation)

Operation & Maintenance Costs Fluorescent PVI Solar

Total Yearly Electricity Costs $ 6,333 $ -

Expected Yearly Increase in Energy Costs 7.0% $ -

Total Energy Costs for 10 Yr. Comparison Period $ 87,493 $ -

Energy Savings Over 10 Years $ - $ 87,493

Estimated Maintenance Costs per Schedule $ 26,000 $ 40,000

Total Maintenance for 10 Yr. Comparison Period $ 130,000 $ 80,000

Maintenance Savings Over 10 Years N/A $ 50,000

Total Cost of OwnershipCost Savings Breakdown Fluorescent PVI Solar

*Capital Costs $ 150,000 $ 328,000

*Installation Costs $ 180,000 $ 60,000

MACRS Depr. Savings ($27,175)

Energy Costs $ 87,493 $ -

Maintenance Costs $ 130,000 $ 80,000

Total Cost of Ownership $ 547,493 $ 440,825

*NOTE: Tax credits apportioned to capital & installation costs for PVI Solar solution

Green House Gas Emissions mTons $ Value

Annual GHG Emission Savings 47

$ 946

GHG Emission Savings over 10 years 473

$ 9,463

Assumption: $20/GHG credit

Cost Comparison

Thank You

Robyn PekowskiRegional Vice President, Sales

214.717.1176rpekowski@pvisolar.com

Questions….