1. Game Changing Wireless Power Transfer Technology for Electric VehiclesOLEV Technologies, Inc.Help Save the PlanetBeautify your citySave MoneyWE DO FOR POWER WHAT Wi-Fi DID FOR DATA 2014 OLEV Technologies, Inc. All Rights Reserved.

2. Executive SummaryOLEV (On Line Electric Vehicle) Technology, delivers a breakthrough in wireless electric power transfer for the industrial electricvehicle (EV) industry. With OLEV, an EV can be continuously powered while moving along a route or when stopped eliminatingthe need to be pulled out of service to recharge. Wireless electrification requires minimal, easy to install infrastructure. No moreplugs, wires or overhead cables. The necessary components are buried underground and hidden beneath the vehicle, allowing theOLEV system to offer invisible recharging. Regular stops become convenient charging opportunities, eliminating the need forextra fleet vehicles or redundant battery packs. OLEV accelerates the acceptance of purely electric vehicles as a viable option bysolving technological issues that limit the commercialization of electric vehicles:1. Cost of batteries: OLEV facilitates reduction in battery pack size by up to 80% dramatically reducing battery cost2. Weight of batteries: OLEV s smaller battery packs can reduce commercial electric vehicle weight by up to 6,000lbs.3. Range Anxiety: OLEV-equipped EVs quickly recharge at stops, or in-motion affording unlimited range.4. Recharging down-time: OLEV EV turn regular stops into convenient charging opportunities.Industrial and commercial electric vehicles which represent 60% of the value of the electric vehicle market, consists of heavyindustrial vehicles (forklifts, earthmoving, mining, agricultural, outdoor self-propelled electric cranes, buses, and trucks) all ofwhich are suitable for wireless charging. There is 420% growth predicted in the Industrial EV market over next decade.Since 2008, over $50 million in R&D has been funded by the Korean Advanced Institute for Science and Technology (KAIST)resulting in 145 Technology-related patents licensed to OLEV Technologies, Inc. for commercialization in the Americas, Europe,and Africa.The OLEV system is now proven technology with commercial deployments in Seoul Grand Park (2011), World EXPO site, Yeosu(2012), KAIST campus, Daejeon (2012), Gumi city bus route (July, 2013). Customer interest in the OLEV system is rapidly growing.OLEVs technology was named one of the 50 Best Inventions of the Year 2010 by Time Magazine and in the Top 10 EmergingTechnologies for 2013 by the World Economic Forum.The industrial electric vehicle market is currently US$8bil and will grow to US$30bil over the next decade. With just $10million incapital investment, in 3years, OLEV will conservatively be an $80million company with 1% of the EV charging market. 3. Transportation Market NeedsInternal Combustion ChallengesEliminate EmissionsEliminate Frequent MaintenanceSimplify Drive Train, fewer partsWith equal or better convenience130 Tons CO2 per YearOVER 400 PARTS 4. Transportation Market NeedsElectric Vehicle ChallengesReduce battery SIZE, WEIGHT, CO$TExtend Battery life to full vehicle lifeEliminate down-time for charging 5. Market Size Already a market of over $8 billion, the light industrial and commercial electricvehicle business will surpass $30 billion by 2023. Industrial and commercial electric vehicles represent 60% of the value of theelectric vehicle market. Industrial and commercial electric vehicles market consists of forklifts,earthmoving, mining, agricultural, outdoor self-propelled electric cranes, buses,trucks and Airport Ground Service Equipment. All of which are suitable forwireless charging. There are about 300,000 airport ground support equipment (GSE) vehicles in theworlds airports today. About 100,000 GSE in use are now electric, up from60,000 in 2000. These are replaced every seven to ten years. Over $2 billion isspent yearly on GSE in normal years. 6. Market Opportunity The Industrial/Commercial electric vehicle sector is set to grow 4.2 times in the next decade. Industrial and commercial electric vehicles are almost never bought on up-front price, the criteria beingcost-over-life, reliability and performance. Component suppliers can enjoy improved margins. Thismeans that innovation is more likely to be funded for such vehicles. Increasing government mandates to reduce CO2 emission and the use of fossil fuel for industrial andcommercial vehicles. Industrial and commercial electric vehicles represent 60% of the value of the electric vehicle market,consists of heavy industrial vehicles (forklifts, earthmoving, mining, agricultural, outdoor self-propelledelectric cranes, buses, and trucks) all of which are suitable for wireless charging.Global market for the different categories of industrial andcommercial electric vehicles (US$ billions) 2014 OLEV Technologies, Inc. All Rights Reserved. 6Source: IDTechEx 7. OLEV Technologies, Inc. Background Founded in 2011 to commercialize the Shaped MagneticField in Resonance (SMFIR) technologyPrivate investor fundedExclusive Licensee for North andSouth America, Co-Exclusiveoption in Europe and AfricaPartnership with KAIST,a minority shareholder 2014 OLEV Technologies, Inc. All Rights Reserved. 7 8. Global Accolades The Top 10 Emerging Technologies for 2013by World Economic Forumhttp://forumblog.org/2013/02/top-10-emerging-technologies-for-2013/8World Economic Forums Global Agenda Council on Emerging Technologies identifies the top 10most promising technology trends ..the Council considers companies that have madedevelopment breakthroughs and are nearing large-scale deployment. The 50 Best Inventions in 2010 by TIME Magazinehttp://www.time.com/time/specials/packages/article/0,28804,2029497_2030622_2029703,00.html 2014 OLEV Technologies, Inc. All Rights Reserved. 9. Induced currentMagnetic shapingSMFIR - The Core Enabling TechnologyPick-up(Bottom of bus)PowertransferPower line(Underground) 10. OLEV System ComponentsRoadsidePower InverterRoad-embeddedPower TracksOn board Pickupand Regulator 11. Why OLEV Technologies? UNIQUE! No Down-Time, No Operator Intervention Fully Automatic High power in-Motion system Invisible charging locations with minimum infrastructure cost Only wireless system > 100kW at standard street clearance of >8 Product and technology specific patents pending Exclusive licensee for America's, Europe, and Africa FLEXIBLE! Highly scalable for all transit and industrial applications Flexible, optimal battery capacity size, easier to retrofit RELIABLE! Solid state electronics, no moving parts = high reliability and long service life Proven technology in use since 2009 2014 OLEV Technologies, Inc. All Rights Reserved. 11 12. Market ResearchIndustrial and commercial electric vehicles represent 60% of the value of the electric vehiclemarket. This sector is set to grow 4.2 times in the next decade. Why the electric focus in these twosegments? First, its a way for fleets to save on operating costs. Second, it aligns with governmentobjectives focused on reducing air pollution. There are subsidies for some vehicles in both theindustrial and commercial segments, though Research and Markets says that incentives dontcontribute to growth in a meaningful way.For the next decade, the largest electric vehicle sector will be industrial andcommercial electric vehicles on land. Industrial and commercial electric vehicles arealmost never bought on up-front price, the criteria being cost-over-life, reliability andperformance. Component suppliers can enjoy improved margins provided they supplywhat is needed.Business research firm Frost & Sullivan has unveiled the top 50 technologies and innovations setto impact on business throughout the decade, including wireless charging and energy harvesting. 13. Target Markets Public Transit City bus routes, Bus Rapid Transit (BRT) Airport terminals Campus, Parks shuttle buses Light Rail Transit (LRT) Ideal route characteristics Fixed or semi-fixed routes Regular schedule with stops Full day, continuous operation 2014 OLEV Technologies, Inc. All Rights Reserved. 13 14. Target Markets Commercial and Industrial Seaport cargo transport: drayage, AGVs, RTG cranes Industrial vehicles: forklifts, mining, airport ground service Commercial delivery fleets: delivery trucksIdeal route characteristics Short-haul route or well-defined area Regular stop locations or shared routesegments Full day operation 2014 OLEV Technologies, Inc. All Rights Reserved. 14 15. Commercialization and Deployment Status KAIST R&D since 2008, $50 million Commercial deployments to date Seoul Grand Park (2011) World EXPO site, Yeosu (2012) KAIST campus, Daejeon (2012) Gumi city bus route (July, 2013) WATCH OLEV Vehicles in Operation http://www.youtube.com/watch?v=FVRclpJbItM 2014 OLEV Technologies, Inc. All Rights Reserved. 15 16. Technological Development Present 100kWh to 200 kWh system Static charging with optional dynamic charging, as needed Short-haul, fixed and semi-fixed route applications for transit buses, andheavy duty, commercial trucks and cranes Near Term (2015-2017) 200kWh to 600 kWh system Smaller, lighter vehicle components An array of configuration and installation options for myriad vehicles Efficiency increases to 90% over air gap up to 30cm Future (2018 beyond) Over 1 MWh system Dynamic charging on short-to-medium distance, heavily utilizedeHighway routes and rail systems eHighway commercial trucks, suburban light rail systems, tramsFebruary 2013 2013 OLEV Technologies, Inc. All Rights Reserved. 16 17. Sales Channels Direct Sales to EV End Users Customers specify theOLEV system with their purchase to enhanceconvenience and/or facilitate autonomous vehicleoperations. Direct Sales to EV OEMs the OLEV system can allow EVmanufacturers to differentiate their vehicles fromcompetitors and increase charging convenience for theircustomers. Technology License to EV OEMs the unique OLEVsystem can provide product differentiation by designingthe charging system into new vehicles. Strategic partnerships with OEMs to develop new EVsspecifically for the OLEV System. 2014 OLEV Technologies, Inc. All Rights Reserved. 17 18. OLEV Technologies Team Management Bryan Wilson, President & CEO He founded a Multi-million-dollar company to provide infrastructure development services formajor broadband wireless service providers. Throughout his career, Bryan has developedcreative, mutually beneficial business relationships to forge strong relationships based on trust,integrity and superior customer service. Roger Burns, Vice President of Engineering Over 30 years electro-mechanical systems development and engineering management,Management at Teradyne, BSEE RPI; Currently serving as Co-Chair, J2954 Wireless Charging BusCommittee of SAE Standards Group Board of Directors Dr. Nam Pyo Suh Dr. Suh is also the Ralph E. & Eloise F. Cross Professor, Emeritus, MIT. Ex-President of KAIST,where he provided a framework for On-Line Electric Vehicle (OLEV) A. Neil Pappalardo Founder of Meditech, Serves on the MIT Corporation. Recipient of Honorary Degree from KAIST Dr. Byiung Jun Park Founder of Merchandise Testing Laboratories (MTL). Member of Board of Trustees of KAIST 2014 OLEV Technologies, Inc. All Rights Reserved. 18 19. Future Vision Internal combustion engines have been largely replaced by electric vehicles (EV) for all land applications. Wireless recharging has replaced all plug-in and battery-swap recharging systems. EV charging infrastructure is now invisible with wireless charging pads underground, all above-groundsystems have been eliminated. No more worn dirty plugs to handle, or unsightly catenary systems. Buses in cities, airports, universities, and schools all run their routes without the need to plug-in forrecharging or ever worrying about the range of their battery systems. Wireless charging has been deployed in the infrastructure throughout major cities for commercial andprivate EVs making the air cleaner, and dramatically reducing vehicle-related noise. Shipping Container Terminal operations are environmentally clean, quiet, and fully-automated, thanks tothe wirelessly-charged electric-powered container handling equipment which can run 24/7 with no need torecharge offline, manage complex cable systems, or use space and time for complex battery-swapping. Airport Ground Service Equipment (GSE) operations are environmentally clean, and quiet, thanks to thewirelessly-charged electric-powered GSE which can run 24/7 with no need to recharge offline. Wireless charging can now provide power transfer at 1MW levels (sufficient for light and heavy rail) Wireless power transfer is now bi-directional the massive power developed by regenerative brakingsystems in rail applications can now be fed back into the grid after on-board batteries are recharged. 20. OLEV Benefit Summary Help Save the Planet Reduce CO2 by up to 130tons/bus/yr andautomatically benefit from continued improvements in the grid. Dont Stop to Go Green No operator interaction ordowntime required for recharging. Beautify your city Eliminate exhaust, dramatically reduce noisepollution, and eliminate unsightly electrification infrastructure. Save Money Total Cost of Ownership is superior to all availablepetro-chemical or hybrid engine systems 2014 OLEV Technologies, Inc. All Rights Reserved. 20 21. For additional information, contact:Bryan S. WilsonPresident & CEO+1.781.789.0931bsw@olevtech.comJust as we cut the cords from our phones as soon as technologically feasible,electric vehicle charging is destined to be wireless.