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Trusted Positioning’s Vision To provide continuous, accurate and affordable Positioning Everywhere Confidential

Company Overview 24 Calgary FTE employees U of C spin-off (2009) 4 products 13 patents filed Sales-ready software 1 st product in 2011 $1M revenue to date Customers under contract Sales pipeline of global tier-1 companies Integrating with a tier-1 mobile OEM for late 2013 release Confidential

Recurring Navigation Issues Continuous, accurate and affordable navigation systems are not available Yesterday’s problems: e.g. Atlantic crossing  Celestial navigation or knots & compass Today’s problems: indoor location  GPS: not always available/accurate  Wireless (e.g. Wi-Fi): Expensive infrastructure or inaccurate surveys  Inertial navigation systems: Expensive & not portable Sensors and integration are core for location Confidential

Trusted Positioning Platform The Trusted Positioning Platform (“TPP”) can provide continuous and accurate positioning, even where GPS doesn’t work “Relative Positioning” Accelerometers Gyroscopes Magnetometers Barometers Speed sensors “Absolute Positioning” GPS WiFi Bluetooth Confidential

Application Examples Consumer Applications Mobile Directed mobile advertisements Indoor E-911 Augmented Reality Fitness & Recreation Confidential Direction of person and phone Indoor location of person Indoor “always-on” location of person Detection of motion modes Orientation & position everywhere Distance travelled and velocity Low-power navigation without GPS

Taipei 101 – Walking Indoors GPS TPP GPS cannot position indoors (standard smartphone solution) TPP provides continuous positioning indoors

Underground with Smartphone GPS is not available in underground parking garages Android smartphone placed on the dash of the vehicle Two loops performed, better than 3 metre accuracy TPP GPS Confidential

Market Opportunity Global Location Based Services market to reach $21B by 2015, CAGR of 22.7% Addressable markets: Applications that require continuous & accurate positioning software  $379M in 2012 growing to $561M by 2015 Market Size = (Number of units**) x (software $ value per unit) Software $ value = 5-15% of navigation hardware $ value ** Sources: IE Market Research, Comscore, Yole Development, Global Industry Analysts MarketAddressable Market Size (2013) CAGR** Consumer Software for mobile phones & tablets $379M24.4% Confidential

Business Model Revenue Model Non-recurring engineering (“NRE”) + license royalties  5-15% royalties of navigation hardware bill-of-materials Confidential

Technology Patents Applications FiledDescription Misalignment (U.S. 61/466,840 & European No ) Orientation between mobile/person/vehicle Mode Detection (U.S. 12/694,879)Walking/driving auto detection Auto Calibration (U.S. 12/246,126)Calibrates errors when in use Nonlinear (PCT based on U.S. 61/534,745)Improves accuracy of low-cost sensors Vehicle Nonlinear (U.S. 13/071,130)Further improves accuracy when in vehicle Real-Time (PCT based on U.S. 61/495,120)Allows efficient processing, saves battery WiFi Radiomap Builder (PCT based on U.S. 61/503,119) Improves WiFi positioning accuracy indoors Range Corrector (PCT based on U.S. 61/358,531)Networks multiple devices Other provisional applications: vertical usage of phone, adaptive stride, bicycle use case 50+ years experience in integrated navigation algorithms, mathematics and system-level integration Confidential

Competition Real-time packaging (Android, QNX, Windows, iOS) System level integration (“Glue”)Motion modeling (walk/drive) Filtering low-cost sensors with GPS Sensors for indoor (idea is spawned) Direct competition: Chipset designers (u-blox, Qualcomm, STM) University research groups Why we are better: Decades of experience in sensors long before others considered sensors Extensive patent portfolio with early priority dates Common platform Proof we are better: Evaluations by two tier-1 mobile OEM’s showed TPI is best sensor solution What next?GPS+Cell+WiFiGPS+Cell High Sensitivity GPS GPS Trusted PositioningCompetitors Confidential

Management and Board Team MemberPosition(s)Background Management Chris Goodall PhDCEO/CTOCo-founder and team lead for 3 years Zainab Syed PhDVP EngineeringCo-founder and 10+ yrs navigation experience Jacques Georgy PhD VP R&DCo-founder and 10+ yrs navigation experience Board Naser El-SheimyChair, Board of Directors CEO of Trusted Positioning from Known globally for his research (20+ years) Werner GartnerFinancial/Business Advisor, Board of Directors 20 years of management experience with technology based businesses Previously CFO of NovAtel Inc Jon LaddBoard of DirectorsPreviously President & CEO of NovAtel Inc. Sold to Hexagon for $440M Kip FyfeBoard of DirectorsPreviously President & CEO of Dynastream. Sold to Garmin for $45M Husam KinawiBoard of Directors18 years experience, co-founded 3 startups, Confidential

Investment Highlights A needed and differentiated technology The great indoors remains uncharted territory for positioning technologies Extensive indoor positioning product portfolio, 13 patents Compelling marketAddressable market at $379M in 2013 growing to over $560M by 2015 On the verge of expansion Core product development complete and sales started Revenue of ~$1M to date, multiple agreements Exciting growthRevenue expected to expand significantly with consumer mobile market in 2013/2014 A globally recognized team and solution Pioneers in multi-sensor navigation with 50+ person years of experience Confidential