1. January 28, 2014 Miami New generation integrated narrow-band M2M telecom platform

2. The problem Development of a cheap, efficient M2M data- gathering solution ZigBee requires a large number of costly base stations and the mesh network is unstable when many hops are employed NWave solves this problem with our high-range, energy-efficient, low- cost, integrated narrow-band M2M platform

3. Executive Summary NWave ultra-narrow band communication technology – high range, and cost and power-efficient Full-cycle telecom platform ready for rapid deployment Integrated solutions - from automated meters, sensors, and base stations, to cloud-based user interfaces

4. The Technology – Competing approaches GSM/3G – needs a permanent power connection, expensive installation and service ZigBee/Bluetooth – insufficient range, high cost of multiple base stations NWave: - Functions autonomously > 10 years - Range > 10 miles - Plug & Play, cheap installation

5. The Platform – Business Model Utility meter Power meter Fire alarm Security alarm M2M sensors NWave network development and management M2M network NWave cloud processing M2M data processing alarm M2M Users Online User Applications Devices using NWave modems Easily tailored to individual customers’ M2M needs NWave integrated ecosystem

6. > 10 year battery life NWave: Integrated AMI solution Low cost Modem Cloud data processing Next generation late 2014 Network 10 mile PoE <$3 modem Minimal or ZERO-CAPEX models Extensive experience Advanced web interface +25dB sensitivity Geo- Positioning coverage Shared network Huge range of applications Easy installation

7. Real-life implementation – The problem Meter readings taken in-situ by water company staff Existing water-metering practice: Meter readings communicated by phone Invoices based on estimates recalculated later using actuals numbers Automated meter readings by radio modem The NWave approach:

8. Real-life implementation - Deliverables 3 base stations Web cloud Real estate management company 1,500 meters equipped with NWave modems MunicipalityConsumer

9. Real-life implementation - Results Significant reduction in personnel and man-hours Consumers can monitor personal consumption through web interface Automated invoice preparation Early detection of leakages, fraud, excessive consumption

10. ZigBee vs. NWave - Cost Analysis ZigBeeNwaveComments CAPEX Base stations20k units at $2k = $40M 6 units at $2k = $12k ZigBee range is < 100 meters. Mesh network is unreliable. Sensor and modem 100k units at $30 = $3M 100k units at $30 = $3m Essentially the same cost. OPEX Base stations20k units at $500 = $10M 6 units at $500 = $3k Total over 5 years $93M$3MZigBee is 30x more expensive Cost calculations for 100,000 modems for water/electricity/gas meters

11. Thank you for your attention!

12. Contacts: www.nwavetec.com Jonathan Wiggin, CEO jwiggin@nwavetec.com Cell: +44(0)7920 225706