Training Agenda IntroductionSeptember 24 & 25, 2010

Mission Statement

• To provide innovative products, technology, and service systems for ensuring a fast and safe fuel delivery, offering companies and distributors worldwide solutions for monitoring and controlling fuel expenses

Leadership

Company Overview • One of Gasngo’s largest shareholders is Mr. Moudi Ben-

Shach, the Company’s Chairman. Mr. Ben-Shach, is a shareholder and previous CEO of the largest oil Company in Israel – PAZ Oil, and was a leader in Paz’s technological innovation process

• Allegheny USA, is an investor owned utility withover $3 billion in annual revenues

• Mr. Sagi Cohen is CEO of both Petratec International and Gasngo US

• Gasngo’s cohesive and dedicated management leads the company in its quest for innovative solutions for the petrol market

• Gasngo is currently active in different worldwide markets, in four continents

Gasngo’s Business Strategy

• Gasngo's strategy is to establish AVI (Automatic Vehicle Identification) service companies around the world, connecting between Fleet Owners seeking better control, and Fuel Companies looking to expand their commercial proposition, providing AVI services and charging service fees

• Service companies role is to: Market the AVI solution Install and maintain the AVI equipment in stations

and vehicles Perform the billing and clearing to their customers

Gasngo’s Business Strategy

• Gasngo provides its technology, and best-of-breed specialized AVI authorization Head-Office systems and full connectivity to the Fuel Company's IT backbone

• In markets where a service company model is not commercially applicable, Gasngo will sell its equipment and software to Fuel Companies and Commercial Site (Home Based Stations) owners

• Gasngo is the only company technology provider in the world, whose management was involved in running a comprehensive AVI service company, involved in marketing, installations, billing clearing and related services

Global

Gasngo Global

• Gasngo is an international company with operations worldwide, employing the highest standards in customer service and technology.

• The company’s management team members bring comprehensive field experience and market expertise in the Fuel Retail and Automotive industries, positioning Gasngo as an innovative solution and technology provider.

• The Gasngo system incorporates recent advantages and innovations in the field and offers a highly reliable, low cost and low maintenance, wireless AVI solution. The system is deployed in sites around the world, including retail stations, commercial stations and home depots.

Gasngo Global

Market Oriented Technology

Gasngo Breakthrough

• Up to 40% reduction of costs at all system levels, compared to existing solutions

• Easy station platform installation process - 1 hour!

• Simple tack-on vehicle application - no damage, no drilling!

• No ongoing maintenance - all devices are sealed, wireless units

• Full integration to station controllers, clearing houses and billing systems - in a short, simple process

System Architecture

System Security – Gasngo advantages

Gasngo’s system is immune to theft, duplication and fraud on both its physical and its logistical layers

Gasngo’s secure design is based on Gasngo management’s extensive experience

All communications are encrypted and authenticated using sophisticated, innovative technologies

All system components are secure against removal

System encryption meets new credit cards standards