1. 1 European Technology and Investment Research Center (ETIRC) November 2007

2. 2Overview Objectives of ETIRC ETIRC in Russia and CIS Netherlands as the trusted Gateway

3. 3 Objectives ETIRC Investment Banking and Capital Management for Eastern Europe (e.g. Russia and Turkey) Investment and Research Center that is a trusted and reliable Gateway in and out of Eastern Europe. Provide access to High Potential projects and businesses in Eastern Europe – product and technology

4. 4 ETIRC Capital Management ETIRC capabilities –Capitalization and Financing Structures Place, Sell, Leverage equity in Western Financial Market Funding for businesses in Eastern Europe Commercial development in Western and Eastern Europe for various technologies and products Placing Russian Companies on Western Stock markets

5. 5 ETIRC BV ETIRC Investments –ETIRC Aviation Europe (Luxembourg) ETIRC Aviation Europe – Eclipse 500 –ETIRC Hydrogen Solutions (Belgium) Russia Sochi Winter Olympics – Public Transportation –ETIRC Navigation Technologies (Germany) Car, PC, PDA navigation and location based services –ETIRC Diesel Engine Technologies (Germany) Neander Technologies –ETIRC Laser Technologies (Russia, Netherlands) High Definition TV projection (HDTV Laser)

6. 6 ETIRC Russia ETIRC Operations in Russia: –ETIRC Aviation Russia Eclipse 500 business in Russia (Airtaxi, etc.) Projects in Service, Maintenance, Training, etc. –ETIRC Life Sciences New Peptide based Innovations (Diabetes, Heart, Lungs) Projects in St. Petersburg –ETIRC Energy Technologies OIL and Gas Condensate (CTL++) Projects in Irkutsk –ETIRC Navigation Navigation Systems to Russia Cooperation with GLONASS system

7. 7 The Netherlands as a Gateway Major agreements with Eastern European Countries Netherlands part of European Union Netherlands trade and financial agreements broadly Prof. Ir. Roel Pieper is the controlling shareholder –Supported by various financial institutions –Experience and trusted in USA, Europe and Eastern Europe –Turnover potential of ETIRC Group is well over 5B Euro Supported by Dutch and International companies

8. 8 Thank you for your attention!