ENERJI LTD A.C.N. 009 423 189 Suite 4, Level 2, 7 Havelock Street PO Box 695, West Perth 6872 West Perth 6005 Western Australia Western Australia Tel: +61 8 9486 4511 Fax: +61 8 9486 4944 Email: [email protected]VIA: WWW.ASX.ONLINE.COM 30 May 2008 The Manager Company Announcements Australian Securities Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000 SUBJECT: AGM PRESENTATION Yesterday Enerji Limited (ASX Code: ERJ) announced the signing of Heads of Agreement for the acquisition of System Two Pty Ltd. Attached is the presentation to be made on System Two Pty Ltd at Enerji Limited’s Annual General Meeting today. Yours sincerely ENERJI LIMITED Angela Dent Company Secretary Enquiries: Ms Angela Dent Company Secretary Ph: +61 8 9486 4511 Fax: +61 8 9486 4944 Email: [email protected]For personal use only
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ENERJI LTD
A.C.N. 009 423 189 Su i te 4 , Lev e l 2 , 7 Hav e l ock S t reet PO Box 695 , Wes t Pe r th 6872 Wes t Pe r th 6005 Wes te r n A us t r a l i a Wes te r n A us t r a l i a Te l : + 61 8 9486 4511 Fax: +61 8 9486 4944 Email: [email protected] VIA: WWW.ASX.ONLINE.COM 30 May 2008 The Manager Company Announcements Australian Securities Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000 SUBJECT: AGM PRESENTATION Yesterday Enerji Limited (ASX Code: ERJ) announced the signing of Heads of Agreement for the acquisition of System Two Pty Ltd. Attached is the presentation to be made on System Two Pty Ltd at Enerji Limited’s Annual General Meeting today. Yours sincerely ENERJI LIMITED
Angela Dent Company Secretary Enquiries: Ms Angela Dent Company Secretary Ph: +61 8 9486 4511 Fax: +61 8 9486 4944 Email: [email protected]
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SystemTwo
May 2008
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IntroductionTHE COMPANY - System Two Pty Ltd
System Two Pty Ltd specialises in the research and development of innovative chemical technologies targeting the security industry. The company has successfully developed and now manufactures a single use disposable dry pack Explosive Test Kit (“ETK”) for the detection of explosive residues and devices used in terrorism.
THE PRODUCT - Explosive Test Kit (ETK)
Commercially ready product
Australian Federal Government has part funded the development of the ETK
Proven technology with Independent Verification by ICTS who are a world authority on explosive detection
Home Office Scientific Development Branch (HOSDB) Approval tests scheduled for September 2008
Ready Multi Billion Dollar Global Security Market for product salesFor
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ManagementChris Loane - BSc. Hons. MPhil. - Research and Development Director
Mr. Loane is an organic chemist with a Masters degree in structure elucidation of naturally occurring biologically active compounds. His past research has involved extensive utilization of colorimetric chemistry as part of the identification of unknown microbial metabolites. The development of colorimetric devices for identification of known reagents in various systems has been a natural progression of his field of research. Chris Loane is the sole developer of the Frontline Explosive Test Kit.
Diranne Lee-Renwick - BEng Hons - Commercial Director
Mr. Lee-Renwick has worked extensively worldwide in underwater new technologies over the last 13 years and has a strong track record developing and taking to market engineering systems both domestically and internationally. Worked exclusively on the commercialisation of the Frontline Explosive Test Kit over the last three years.
Kent Hunter – BCom - Financial Director
Mr Hunter is a Chartered Accountant with over 15 years corporate and company secretarial experience. He has been involved in the listing of 15 junior exploration companies on ASX in the past four years with capital raisings exceeding $54 million and has experience in capital raisings, ASX compliance and regulatory requirements.
Hamish Halliday -BSc - Corporate Director
Mr Halliday has over 13 years of technical and corporate experience in the mineral exploration industry developing projects both within Australia and internationally. Mr. Halliday has successfully founded and listed three Australian public companies which today have a combined market capitalization in excess of $200 million. Responsible for raising of over $50 million for mineral exploration from both Australian and international equity markets over the past five years.
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Frontline Explosive Test Kit Product: Frontline ETK
Type: Single use Explosive Test Kit
Developed: 2004 - 2007
Status: Commercially available and used internationally
Market: Defence, Security, Aviation, Police and Emergency Services
Use: Applications include random vehicle searches at airports, hand swabbing at boarder posts and ‘white powder’ incidents for civil emergencies.
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MarketCivil Aviation Industry – for remote site detection capabilities including detection within car parks where ion scan units are not readily accessible.
Port Authorities – for container and freight customs check points.
Military (at home and abroad) – for offering a lightweight solution for every soldier.
Emergency Response / HAZMAT hazardous materials Teams
– for the need of a portable simple solution which is available for all units.
Police Departments – who are exposed every day at the frontline.
Private and Corporate Security Teams – for the servicing of sporting and public events where it is not economically viable for electronic detection systems.
Customs and Postal Services – for increased security for mail and freight items within the postal system.
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Customer Take-UpExisting Customers
Ontario Provincial Police - Provincial Emergency Response Team - Canada. Took delivery of a small batch of test kits late 2007 for trials.
Organisations investigating Frontline ETK:
UK Department for Transport - discussions which are aiming to secure BAA car park testing
Canadian Centre of Forensic Sciences (CFS) for Canadian Bomb Squad - further trials on new clandestine explosive residues
US Department of Homeland Securities Science & Technology Directorate - testing into peroxide residues
Western Australian Police - May 2008 initial discussions about the science behind clandestine explosive residue detectionFor
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VerificationNovember 2005 - Evaluation and Testing of Frontline Explosive Test Kit (ETK) - Defence Science and Technology Laboratory (Dstl) for Transport Security and Contingencies Directorate, Department for Transport (DfT)
December 2005 - Explosive chemical trace detection – Independent evaluation of the detection limits of colorimetric test tablets for a selected range of explosive chemical classes. Chembiotech Ltd., University of Birmingham
March 2006 - Explosive chemical trace detection – Independent evaluation of the detection limits of colorimetric test tablets for a selected range of explosive chemical classes. Chembiotech Ltd., Institute of Research and Development. University of Birmingham
December 2006 - System Two Frontline Explosive Test Kit Evaluation. Centre of
February 2007 - Evaluation of the Frontline Explosive Test Kit (ETK) during the synthesis of TATP and HMTD. Centre of Forensic Sciences (CFS), Canada.
March 2007 - Explosive Sample Verification of the Frontline Explosive Test Kit (ETK). Systems Management-Armament Systems - Special Operations & Counter-Terrorism Technologies, Defence Science & Technology Agency (DSTA) – Singapore.
December 2007 - Test and Evaluation of the System Two Frontline Explosive Test Kit - ML Langford, VeriSys Service, ICTS Europe
December 2007 - False Positive testing of Frontline Explosive Test Kit for vehicle and surface testing at a British Port - ML Langford, VeriSys Service, ICTS
Europe
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AdvantagesSummary of Explosive Test Kit
The kits will detect all classes of explosives
Capable of detecting precursors of clandestine explosive
manufacture such as materials used in improvised liquid
explosive mixtures and will detect Triacetone Triperoxide (TATP) and Hexamethylenetriperoxidediamine (HMTD).
The limit of detection (LoD) for this test kit was measured as low microgram for all materials tested except TNT. TNT has a LoD of 10 nanograms.
The test kits are very easy to use with the minimum of training
They are small and extremely light – thus very portable.
“Is ideal for applications where a low cost, easily portable test kit
capable of testing in one swab for a wide range of threat
materials is of value. In particular, it would be extremely useful for
first responders and police search applications.” [VeriSys Service,
ICTS Europe - Dec. 2007]
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Intellectual Property
Frontline Explosive Test Kit (ETK) Patent - ‘Testing Device’ Patent Application filed in the US, Europe and Australia
Earliest Priority Date - 25th January 2005
International Patent Application 25th January 2006
Applications currently awaiting examination
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Recent Events - May 2008UK Agent and Representation!
Engaged UK agent, Suzie Barratt-Crane to work full time for System Two from mid May to head the UK sales of the Explosive Test Kit.
UK Lobbyist
Have engaged an ex-military specialist to represent System Two in the UK to assist the company with the further commercialisation of the Explosive Test Kit.
Initial focus on helping introduce the company to as many relevant Government and military bodies as possible to enable trials to commence.
Home Office Scientific Development Branch!(HOSDB)!
Have contracted the world authority on explosive detection Dr Marian Langford; who represented ICTS during the verification and port trials of the ETK, to initiate the HOSDB approval process.
Dr Marian Langford has contracted ex-HOSDB Tim Sheldon to!work with System Two to push the ETK into the test sequence and through the!testing at HOSDB.
Initial meetings last week have led to the ETK HOSDB approval testing to be scheduled in September 2008
USA
Initial proposal for a USA Marketing study is currently being reviewed
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SummarySystem Two - Today
ETK commercially available
ETK being utilised successfully
Representation in the UK, USA, Australia and Brazil (currently in negotiations for Europe}
ETK - Immediate Future
HOSDB (Home Office Scientific Development Branch) trial/evaluation - 2Q-08
Entry into the Home Office ‘Blue Book’
DfT approval for BAA random checks in car parks
Move product into Police and First Responders market
