1. Honeywell Proprietary 1 Document control number 4/11 Rev 0 Marketing - Muncie Ultra Low Emissions Burner

2. 2 4/11 Marketing - Muncie Agenda Who is Maxon? XPO ™ Introduction Benefits of XPO ™ Why select XPO for your indirect fire needs?

3. 3 4/11 Marketing - Muncie XPO ™ Introduction Extremely low NOx emissions, highest fuel efficiency XPO™ Burners are engineered for installation in liquid-backed fire tube solution heaters - Water bath heaters - Direct contact water heaters - Thermal oil heaters - Solution heaters - Fire-tube heaters - Snow melters Available as a packaged burner (integral blower) with Maxon or Honeywell Smart FARC. External Blower (EB) version also available.

4. 4 4/11 Marketing - Muncie XPO ™ Introduction Indirect fired burner for use with many clean fuel gases Single digit NOx emissions with 30% excess air Higher efficiency due to low excess air requirements Capacities up to 8MBtu Up to 6:1 Thermal & Emissions turndown ratio Indirect fired burner for use with many clean fuel gases Single digit NOx emissions with 30% excess air Higher efficiency due to low excess air requirements Capacities up to 8MBtu Up to 6:1 Thermal & Emissions turndown ratio High Fire Low Fire

5. 5 4/11 Marketing - Muncie Refineries Chemical plants Fertilizer Manufacturers For use in process heaters …or anyone who heats process liquids and gases

6. 6 4/11 Marketing - Muncie Typical XPO ™ Fire Tube Installation

7. 7 4/11 Marketing - Muncie Agenda Who is Maxon? XPO ™ Introduction Benefits of XPO ™ Why select XPO for your indirect fire needs?

8. 8 4/11 Marketing - Muncie Benefits of XPO ™ Versatile Suitable for numerous fire tube solution-backed applications - Water bath heaters- Direct contact water heaters - Thermal oil heaters- Solution heaters - Snow melters Flexible Packaged burner (integral blower) available with Maxon or Honeywell Smart FARC External Blower (EB) version also available Highly fuel efficient Low excess air requirements with fuel savings that can produce an attractive ROI Extremely low emissions Single digit NOx to meet the most stringent emissions standards

9. 9 4/11 Marketing - Muncie XPO™ Burner achieves lower NOx emissions with lower excess air / lower stack O 2 levels Note; %O 2 in stack indicates combustion fuel efficiency, higher %O 2 indicates less fuel efficient burner. 10ppm NOx emission Emission and Efficiency XPO Burner Operation Range Lower O 2 means higher fuel efficiency Benefits of XPO ™ Metal Fiber Burner Operation Range Metal Fiber Burners Operation Range Sub 10ppm NOx at 7-9% O 2 60 – 80ppm NOx at 3% O 2 XPO™ Burner Operation Range Sub 10ppm NOx at 4.5-5.2% O 2 Sub 20ppm NOx at 3-4 % O 2 Higher Efficiency Lower Efficiency % O 2

10. 10 4/11 Marketing - Muncie Benefits of XPO ™ XPO ™ Burner can save up to $ 1,250 in fuel costs annually XPO ™ will pay for itself! Lower Fuel Cost Additional annual fuel cost of increased excess air operation Metal Fiber Burners Additional annual operation cost over Standard Burner - $750 to $1250 XPO™ Burner Additional annual operation cost over Standard Burner - $50 to $250 ASSUMPTIONS: Traditional burner operation range is 3 to 4% O 2. Traditional 3MBtu burner operating at max input for 4000 Hours/Year will cost $72,000. 1MBtu/Hr= $6 Higher Efficiency Lower Efficiency %O 2 in stack XPO™ operating range Metal fiber burner operating range

11. 11 4/11 Marketing - Muncie Agenda Who is Maxon? XPO ™ Introduction Benefits of XPO ™ Why select XPO for your indirect fire needs?

12. 12 4/11 Marketing - Muncie XPO™ Burner Single digit NOx emission with 30% excess air no flue gas recirculation required Simple, Efficient, Versatile Benefits Summary Typical Low NOx Burners Single digit NOx emissions with High (50- 70%) excess air and/or costly external flue gas recirculation Low Fuel efficiency equals higher operation cost over traditional high emission burners At mid-to-low-fire burners have to operate at even higher excess air. Narrow operation range, outside of that range flame blows out or is NOISY! Exotic materials (fiber, ceramic, FGR blowers) Simple construction Burner can operate reliably between 2% to 8% O 2 Constant low excess air through the entire firing rate Low excess air operation ensures minimal additional operating cost over current high emission burners

13. 13 4/11 Marketing - Muncie Currently no manufacturer offers affordable, simple, and fuel efficient Low NOx burner Efficiency and Emissions  Market Dynamics:  The U.S. Low NOx emission requirements are creating a need for low emissions burners.  Efficiency concerns are making traditional Low NOx burners costly to operate with questionable reliability.  XPO™ burner provides:  Sub 10ppm NOx at 30% Excess Air, Sub 20ppm NOx at 15% Excess Air.  Wide operation range, burner can be fired from 2 to 8% O 2.  Heat Flux up to 12,000 BTU per inch 2  Up to 6 to 1 emission and thermal turndown.  Tamper proof spark and pilot setup.  Modular design, blast tube, gas manifold, burner housing, all can be oriented independently.  Large flame observation window  Burner can be easily opened for seasonal inspection, or maintenance.  Available in five sizes 1, 2, 3, 4.5, and 6 MBtu, can be over-fired up to 8MBtu

14. 14 4/11 Marketing - Muncie Complete combustion solutions Maxon fuel trains and supply skids... assure your installation of trouble-free operation in professionally built packages

15. 15 4/11 Marketing - Muncie Maxon is much more than simply a components supplier… Think of Maxon as complete combustion solutions your source for