THE NEXTWAVE IN LANDAQUACULTUREHighly sustainable, cost-effective, indoor fish farm ecosystems, to help meet the growing global demand for seafood.

A high-value initiative attracting investors, local governments, distributors and aquaculture partners

SEA DREAMFISHERIES

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+ 972.3.607.0306 office@microdel.co.il www.microdel.co.il/fish.asp

P.O. Box 1714 Macabim-Reut 7179904 Israel

SEA DREAMFISHERIES

Sea Dream Fisheries specializes in environmentally controlled land-based fisheries, providing a high-value long-termsolution to supply quality fish to global markets.

The world’s rising demand for seafood is quickly outpacing the dwindling supply fromnatural sources and straining traditional aquaculture suppliers whose production is limited by environmental, infrastructure and other factors.

Sea Dream offers a cost-effective solutionthat addresses this shortage while promisinghigh financial returns. Sea Dream is founded upon three essential pillars: know-how in aquaculture development and operations; the most advanced, proven aquaculture technology and infrastructure; and business leadership, including marketing, finance, international trade and investment expertise.

Sea Dream Fisheries projects are synergistic, highly sustainable ecosystems that are environmentally friendly. The operations are vertically integrated, with hatchery, fish grow-out, feed mill, fish processing and fish rendering operations.

Sea Dream is initiating projects in a varietyof locations throughout the world with a high level of interest.

Sea Dream is backed by parent VC firm, Microdel Ltd., which selects, funds and nurtures businesses with high potential for marketability, growth and profitability in the global market. Microdel creates value with active ownership and close professional involvement throughout the product lifecycle—from concept definition, through product and business development, and into market introduction and penetration. Sea Dream is managed by Microdel’s Chairman Yossi De Levie and CEO Gabi Wolkinson.

A MICRODEL VENTURE CAPITALINITIATIVE

SEA DREAMFISHERIES

SEA DREAM: GLOBALENTREPRENEURSHIPIN LAND-BASED FISHFARMING

With the dwindling ocean fishery supply andincreasing global population, aquaculture—raising fish in a controlled environment—bridges the gap between demand and supply. The $140 billion seafood market is growing by over 7% annually, with the aquaculture segment accounting for about 50% of the market, or $70 billion. Most aquacultureproduction is sourced from ponds, lakesand oceans, but ironically, the existing water-based technologies are sorely inefficient,

primarily due to lack of control over high-impact environmental conditions, such as temperature and pollution, as well as the rate of disease in open-water fisheries.

The United Nations Food and Agriculture Organization (FAO) is encouraging new technologies that combine ecological and social sustainability with profitabilityto increase the global seafood supply.

FISH INDUSTRY CHALLENGES

The Sea Dream proprietary indoor fish farm solution is designed specifically to operate onland, leveraging and optimizing environmental conditions with effective control over the entire process. Based on pioneering industry principlesand techniques, Sea Dream offers a complete ecosystem for high sustainability, employingrecycling and producing absolute minimal waste, for near-zero environmental impact.Sea Dream aquaculture projects can be built

A unique concept suitablefor most species

Reliable and innovative aquaculture solutions

close to target markets, minimizing expensive and time-consuming product transport, speeding time to market and ensuring freshness. For each project, the company strategically selects the most suitable fish species based upon the environment, market demand and other factors. The Sea Dream approach to raising,breeding and producing fish helps ensure a high quality product at competitive prices.

SEA DREAM FISHERIES’ LAND AQUACULTURE SOLUTION

The aquaculture technology that Sea Dream uses is considered to be the most advanced in the industry and has been successful in multiple facilitiesaround the world.

Sea Dream fish farms are strategically placed and designed to leverage the natural environment. Water is typically sourced from deep pollution-free aquifers availableinexpensively for only the cost of pumping. The conservation-friendly fishery returns clean,filtered water, saves energy and minimizes pollution. All in all, Sea Dream farms boast near-zero environmental impact.

AquaTech Fisheries, currently under

development in Israel’s Negev Desert, is Sea

Dream’s flagship initiative. It is projected to

supply 2000 tons of fish annually to the local

and international market, for revenues of

$13 million.

The $20 million project is scheduled to

begin fish sales by the end of 2014.

Through future expansions, AquaTech is expected

to grow to an annual 14,000-ton production capacity.

This translates to approximately $80 million in

revenue per year with 45% profit projected.

The desert is an ideal location for AquaTech,

with low cost/high availability land, warm

temperatures, intense sunlight and accessible

aquifers with salt water suitable for fish.

By design, the Sea Dream ecosystem vertically integrates business centers within the farmcampus. The on-site fish production system enables the transfer of fish from the tanks and harvest channels for immediate pre-rigor fish processing, at the peak of freshness and quality. The setup incorporates a feed mill, fish rendering plant (processing by-products into fishmealand fish oil), labs, waste nutrient recycling and bio-gas production for electric power. Overall, this approach encourages reuse, both of materials and energy, while saving transportation costs.

Synergistic business integration

Proven technology

Ideal ecosystem conditions

THE SEA DREAM FISH FARM: A MODEL IN EFFICIENCY & QUALITY

AQUATECH SEADEARM FLAGSHIP INITIATIVE

Sea Dream facilities hold 3 to 4 times more fish per cubic meter of water versus oceannet, cage or pond production.

Controlled water temperatures and optimal oxygen and salt concentrations have proven to accelerate fish growth dramatically, which speeds time to market while minimizing costs.

Water sources are relatively untouched, providing a pollution-free environment for fish to thrive in.

The closed environment ensures zero loss due to predators and bycatch and promotes biosecurity while minimizing fish diseases.

The carefully engineered design that is easily customized lowers building and operational costs.

The protected environment enables year-round fish supply, with no seasonal dips.

While other water and land-based initiatives exist, Sea Dream offers a major competitive advantage. Eco-friendly design and the ability to leverage natural conditions while controlling the environment make Sea Dream’s fish farms highly cost-effective. Sea Dream is positioningitself way out in front of aquaculture innovation.

What other solutions are there?

What makes the Sea Dream solution ideal?

DIFFERENTIATED BENEFITS

Infuse hundreds of jobs into the region

Hire specialized development professionals for planning, construction, and engineering

Employ a permanent staff of aquaculture, genetics and algae professionals, as well as many skilled and unskilled farm and by-product processing workers

Aquaculture fish farmers and academics: With know-how on raising fish, selecting species and processing fish; professionals who have managed fish farm facilities and processing plants throughout the world, including Israel, Honduras, Costa Rica, Salvador, Belize, USA, South Africa, Moldova, Poland, Ghana and Russia.

Aquaculture infrastructure and technology: Specialists in the entire lifecycle, who have designed, built and supported fish farms with in-depth knowledge of the technologies and physical foundation.

Business acumen: Front-line leadership from Sea Dream, a Microdel venture capital company, with synergistic vision, project oversight and fundraising, as well as marketing and financial savvy.

Help build the skills of local residents, forimproved employability and quality of life

Draw potential supplemental business tothe area, such as transportation services, maintenance and other service providers

Build development partners’ reputation for leading-edge innovation

Sea Dream initiatives are win-win for infrastructure organizations, local governments, regional authorities and other potential partners. Locally, the Sea Dream facilities:

The Sea Dream team is comprised of global experts in allessential areas, including:

A MASTERFUL TEAMA COMPELLING DEVELOPMENTOPPORTUNITY

SEA DREAMFISHERIES

With Sea Dream Fisheries quickly gaining momentum, this is the time to be part of the sea change—the transition to on-land seafood farming.

Investors and businesses interested in a long-term collaboration that wish to partner in this vision for becoming a leader in the growing land-based aquaculture industry are invited to contact us.

Sea Dream offers compelling aquaculture solutions for the long term to helpmeet seafood industry demand.

The company is a leader in the field, possessing in-depth aquaculture know-how and leveraging the most advanced, proven technology for successful operations.

These assets, along with its solid financial support and international trade expertise,position Sea Dream to expand successfully worldwide.

POSITIONED FOR GROWTH

THE TIME IS NOW

Contact information

P.O. Box 1714 Macabim-Reut 7179904Israel

+ 972.3.607.0306office@microdel.co.ilwww.microdel.co.il/fish.asp