Cool Energy, Inc.Business Overview

Glenn BoothVice President, Marketing & Business Development5541 Central Ave, Suite 172Boulder, Colorado 80301(303) 442-2121www.coolenergyinc.com

Powering a Clean Tomorrow®

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Cool Energy Opportunity

• Solar system for heating & electricity in homes/buildings – Complete single system for heat and power– Dependable storage enables predictable power– Best ROI of any renewable energy system

• 2012 addressable U.S. market >$1B• 3rd platform complete and in test• Strong IP position (2 patents allowed, 6

pending)• Go to market with existing channel partners• Seeking $5M Series A

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• Average New Jersey home : $3,760/year for energy (w/ propane)

• SolarFlow System provides:80% of heat, 100% of hot water and 60% of electricity

Space Heat 52%

Water

Heat

A/C

Lighting &Appliances

25%

Photovoltaic (PV)

Space Heat 52%

Water

Heat

A/C

Lighting &Appliances

25%

Cool Energy SolarFlow® System

Space Heat 52%

Water

Heat

A/C

Lighting &Appliances

25%

Solar Thermal

The Cool Energy Solution

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SolarFlow System Schematic

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Core Technology Advances

SolarHeart™ Engine• Low temperature Stirling engine • Converts heat to electricity • Solar, geothermal and industrial

waste heat • No combustion & exhaust valves • No lubrication & no maintenance• 20 year life• Clean and quiet

SolarSmart Controller™• Optimizes the thermal energy

flow – Smart Grid– Climate data

• Maximizes net metering benefits

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SolarFlow Economics

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Customer Payback

Financed Finance Amount

$24,66520 Years @ 5.0%

= $165/month

SystemSolar Components

$ 32,000SolarHeart Cost

$8,000SolarFlow Cost

$40,000NJ State Incentives

- $4,76530% ITC Savings

- $10,571Out-of-Pocket:

$24,665

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Avoided Carbon Dioxide

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Thermal Storage

• Storage and controls overcome intermittency• Output matches utility demand curve• Predictable generation with smooth ramps• Significant added value with Time-of-Use (TOU) rates

Source: NY/NJ Utility Orange & Rockland(June-Sept rates)

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Waste Heat Application