MicroPower Global Limited is a private company that owns the intellectual property rights to a groundbreaking technology in the area of energy conservation.

A MicroPower Chip (a new semiconductor device, also known as an energy diode) can efficiently and cost-effectively convert heat directly into electricity, leading to significant energy savings. This is a clean, green technology which will save energy, reduce harmful emissions, and may lead to the availability of substantial carbon credits.

The technology can do this so effectively that MicroPower Chips could become the de facto standard throughout industry, serving existing markets and opening up new global markets in excess of $300 billion. This cutting-edge approach has been invented, patented and independently verified, and an experienced team of 15 technical experts is now working to complete the necessary engineering development and to bring the technology to market.

To facilitate this process, MicroPower has partnered with Texas State University in San Marcos, which provides key technical expertise and world-class facilities and equipment for the project, and has enabled the Company to accelerate the product development phase at a significantly reduced cost.

The MicroPower Chip is a new solid-state semiconductor without moving parts. It has two operational modes, (i) the Power Mode which converts heat directly into electricity, and (ii) the Cooling Mode which converts electricity directly into refrigeration/cooling. The science behind this combines the best thermoelectric and thermionic principles to deliver breakthrough efficiencies. The key performance characteristics are:

• Energy and power conversion three to four times more efficient than current alternatives;

• Reduced size and weight creates scalability to tackle multiple markets from very small to very large applications, without losing efficiency or cost-effectiveness;

• Semiconductor design allows for efficient modular manufacturing for long life, low maintenance and lower production costs.

The technology already has widespread patent protection (48 patents issued or filed in the US and internationally) and the resulting increased efficiencies have been independently validated by recognized sources, including the US National Institute of Standards and Technology (NIST) and two US Department of Energy Laboratories. Indeed, there is an entire chapter dedicated to the technology in the Thermoelectrics Handbook, an industry recognized guide to the latest developments in this area.

MicroPower intends to create and sell a range of products to many important markets, focusing in particular on applications which aim to recapture waste heat from various industrial and transport-related processes. Completion of the engineering tasks and modest penetration of just a few market opportunities could lead to exceptional growth, reaching breakeven in year three with revenue and profits increasing rapidly thereafter.

Some of these markets include:

• Industrial – factory, furnace and smelter waste heat recovery; central power plants; geothermal efficiency improvement.

• Transportation – 10% increase in fuel efficiency by generating electricity from engine waste heat.

• Consumer – refrigerators and coolers; portable power.

• Aerospace and Government – remote power supplies; shipboard power generation; satellites and power generation in outer space.

• Silicon Chips and Solar – computer hot-spot cooling; computer fan replacement; concentrated solar plants.

Faced with such a wealth of opportunity, MicroPower’s business strategy will focus on the following key steps:

• Complete the engineering tasks necessary to deliver high quality product samples to customers.

• Serve the existing thermoelectric market with replacement products and/or licensed technology.

• Develop a range of high value products for markets where performance is the key requirement.

• Establish joint ventures and strategic partnerships to serve large industrial markets worth many billion dollars per annum - a unique global opportunity.