6 - SE IndustriesDry directional drilling (DDD)

1 - FTM Capital

FinancialInstitutions

EquityFunds

BusinessEngineering

Mergers &Acquisitions

2 - FTM Consulting3 - Rail Action• Power-By-the-Mile (PBM)• Long-term Contracts with Major Railways

• EMD Parts• 100 + customers in Canada

Maintenance services• Port of Montreal• Modification programs• Turnkey maintenance

4- FTM Resources

• 200 skilled & flexible rail workers & technicians

• Technical training services

5 - Intra

FTM is a Canadian holding company specialized in rail transportation technologies, railway operations, electrical and telecommunication infrastructure installations, manufacturing of no-dig rigs, distribution, finance, and management.

FTM was initially created to respond to the rising new needs of the Canadian railway market.

Subsequently FTM management has undertaken a diversification strategy in other industrial areas and in the finance and investment field.

FTM expertise includes strategic planning, manufacturing, commercialization, privatization, integrated maintenance services, distribution of parts, and financial services.

FTM shareholders, associates, and employees have on average more than 20 years of experience and expertise at all levels of railway activities, finance, M & A, and business engineering.

Initially FTM was based in Canada.

Over the last three years FTM shareholders started investing in the European community, more specifically in Italy.

Today FTM has offices and industrial facilities in different Italian Cities.

FTM operations in Italy include : Rail, Capital, Telecommunications installation, Electrical installation and No-Dig machine manufacturing.

At FTM, our different corporations and divisions interact efficiently and achieve synergy in order to fully satisfy our clients. This structure has been set up with the size of various potential clients in mind : from small new companies to international corporations.

Shareholders of FTM Capital Inc Investment holding company Also holds investments in :

Railway Services Contract maintenance Equipment maintenance and engineering projects Parts distribution Technical training Outsourcing of human resources Digging machinery manufacturing Electrical and Telecommunications General contractor Food manufacturing and distribution Fashion distribution

Specialized investment banking firm

Certified International Finance Centre

Provides financial advisory and arranger services

Focus on corporate finance and financial engineering products and services

Specialized in advising project sponsors, developers, investors, business owners and industrial clients in the acquisition and financing of infrastructure assets

Business strategy advisory services

Financial advisors

Project financing with close relationship with major financial institutions

Mergers & Acquisitions

Business engineering

Equity and venture capital sourcing

Finance optimization strategies

FTM has a full operation and a team of professionals in Italy.

All advisory and arranger services are offered in Italy.

Products include the typical local M&A and financing structures and a Cross transaction which helps Italian company finance and expand in NA trough Quebec with financial structures that combine European capital with Canadian one.

Rail Action is the only authorized distributor of original EMD parts for shortlines, transit authorities and industrial users in Canada.

Committed to customer’s needs : Rail Action is flexible and adapts its operations to specific

customer requirements; Rail Action offers full range of EMD locomotive replacements

parts; Rail Action offers added value service with its distribution and

service call center at competitive price.

Gives its clients the technical support necessary to resolve any locomotive problems.

Sale and distribution network : Industry :

Over 100 railway and rebuilder customers in Canada; Over 500 industrial customer base serviced from Nova Scotia

to British Colombia (mining, ports, aluminum, etc.).

Since the agreement with EMD: EMD parts sales have increased by 300 % Customer base increased by 200 %

RA operates an engineering and remanufacturing division in Italy.

RA has concluded contracts with the Italian National railroad “ Trenitalia”

RA has successfully designed and installed their own exclusive products for Trenitalia locomotives.

RA has the capacity and the engineering, sales and skilled staff to complete any kind of installation or maintenance project in Italy.

RA is discussing new potential contracts with other rail customers in Italy.

Provides clients with a complete range of skilled personnel.

Their resources distribution system is both efficient and flexible.

The personnel is fully bilingual (English and French) and, if required, Italian, Spanish and Portuguese are available.

The most demanding personnel requirements include: Operations managers; Qualified technicians: mechanics, electricians, and air brake

specialists; Engineers; Qualified assurance inspectors.

Contracts performed :

10 technical supervisors for EMD at BNSF shop in Nebraska (800 EMD locomotives)

5 technical supervisors for EMD at CN Toronto and Edmonton shops (575 EMD locomotives)

4 technical supervisors for EMD in Los Angeles (210 EMD locomotives)

Commissioning of AMT’s F59PHI for EMD.

Intra offers the services of an experienced team capable of designing training programs suitable to the specific needs of our clients. Practical and theoretical courses for intermediate and advanced levels can be customized as the need may arise.

Among our customers, is VIA Rail, the Canadian passenger railway operator.

Gives a wide range of business solutions and feasibility studies

Finds craft solutions that are concrete, practical and relevant

Provides consulting in: Rolling stock evaluation and market studies; Modification and improvement of locomotives and railcars; Maintenance practices and locomotive operations; General procedures; Quality assurance programs.

Contracts performed :

PBM (Power-by-the-Mile) analysis on EMD and GE fleets for major Canadian railroads

Data base on contractual agreements

Fleet assessments on First Union bank railcar fleet

F59PHI locomotive dynamic analysis to obtain derogation for 100 mph operation on CN lines

Audit of Flumitren operation in Rio de Janeiro, Brazil

Audit of Ferrovie dello Stato operation in Italy.

FTM & CAD.

This alliance allow FTM the flexibility to :

Major maintenance repairs, modification programs and specialized services

Research and development capability through the Engine System Development Center (ESDC)

Rebuilt component capability

Group of Italian-Canadian companies specializing in the design and manufacture of reliable machinery and equipment for Dry Directional Drilling™ (DDD™)

Dry, because the drilling equipment is powered by compressed air at low pressure (12 bars) with a very small quantity of water and biodegradable additive

Directional Drilling, because the rigs are equipped with down-the-hole guided and steered system, allowing control of the drilling tools in any path, even in solid rock

The DDD™ technology allows for the installation of underground

utilities without open-cut trenches which eliminates problems such as road damage and local traffic and business disruptions

Offers reliable and tested machines

Experienced team to provide assistance and specialized

engineering solutions for the entire duration of a project

On-site training

Efficient call center which allows SE to offer assistance around the clock

TrainingFormation

Maintenance

Finance

Consulting

Distribution Capital

Technology

Management

Transport

Rail

Resources