Power Technology with Global Applications

Investor Presentation

2005

Forward Looking StatementForward Looking Statement

This presentation contains forward-looking statements that This presentation contains forward-looking statements that are based on the beliefs of AccelRate’s management as are based on the beliefs of AccelRate’s management as well as assumptions made by and information currently well as assumptions made by and information currently available to AccelRate. When used in this release, the available to AccelRate. When used in this release, the words “estimate”, “project”, “believe”, “anticipate”, words “estimate”, “project”, “believe”, “anticipate”,

“intend”, “expect”, “plan”, “predict”, “may”, “should”, “intend”, “expect”, “plan”, “predict”, “may”, “should”, “will”, the negative of these words or such other “will”, the negative of these words or such other

variations thereon or comparable terminology are variations thereon or comparable terminology are intended to identify forward-looking statements. Such intended to identify forward-looking statements. Such statements reflect the current views of AccelRate with statements reflect the current views of AccelRate with respect to future events based on currently available respect to future events based on currently available

information and are subject to certain risks and information and are subject to certain risks and uncertainties that could cause actual results to differ uncertainties that could cause actual results to differ materially from those contemplated in those forward-materially from those contemplated in those forward-

looking statements.looking statements.

Company BackgroundCompany Background

Headquartered in Vancouver, Canada

Research and development facility in Burnaby, BC

Technology patented in the U.S. and Taiwan• Patent-pending in Canada, Europe, Brazil, Mexico and Japan

Shares listed on TSX Venture Exchange (APS.V), and Frankfurt Exchange (KCG).

Shares outstanding: 23,914,649 ; Fully diluted: 27,745,063 (as at September 30, 2005).

Proven, patented technology

Reduces charging time up to 80%

Extends battery life … by reducing

heat generation

Saves time, space, labour and energy

Unique - no rivals among commercially-

available chargers

Works with all conventional battery

chemistries, types & sizes

AccelRate’s World-Leading Technology

Why Are Charger Improvements Needed?Why Are Charger Improvements Needed?

• Conventional chargers are time-consuming, costly due to need for

battery handling rooms, and require constant supervision.

• Fast chargers impact battery capacity, performance and lifetimes

due

to damage from over-heating and under-charging.

• Battery is under-utilized as primary charge is in the 20-70%

range, reducing the amount of Ah available for use.

• Fast-chargers require special batteries to lower resistance and enable

better heat transfer.

• Safety risks increase as fast chargers drive battery temperature to

unsafe levels without monitoring equipment.

AccelRate™ Charging Process is Superior

Higher Charging Current Applied

Discharge at Precise Intervals

AccelRate uses a “reverse current” or “negative charge”, not a “pulse” charge!

Nickel cadmium (NiCd) : from 3 hours to 15 minutes Nickel metal hydride (NiMh) : from 2 hours to 20 minutes

Lithium ion : from 5 hours to 1 hour

Time Saved Using AccelRate Technology

And no cool down period required..!

Lead-acid Battery Charge

from 10 hours to 2 hours!

The AccelRate Technology EdgeThe AccelRate Technology Edge

Conventional Fast ChargersConventional Fast Chargers

Cycles battery from 40% to 70%.

Battery modifications required.

Battery overheating and damage.

Partial IGBT, SCR or ferro-resonant

systems only provide 70-80% efficiency.

Large, heavy and bulky design.

Web-enabling not available.

AccelRate™ “High-Speed” ChargersAccelRate™ “High-Speed” Chargers

Achieves 100% state-of-charge in 2 hours.

None other than cable sizing.

Maximize battery life.

High-frequency, IGBT provides 97%

efficiency.

Compact and light-weight design.

Web-enabled to allow remote data

logging, monitoring and remote upgrades.

Heat Generation during ChargingHeat Generation during ChargingHeat Generation Area

AccelRate High-Speed Charge Zone

In a Typical Deep Cycle, Flooded Industrial Battery

Yellow lines indicate heat generation with AccelRate technology / all others are fast chargers

Unlimited ApplicationsUnlimited Applications

Lead Acid Lead Acid Fork-lift trucksFork-lift trucks Aerial trucksAerial trucks Golf cartsGolf carts Ground support equipment (GSEs)Ground support equipment (GSEs) WheelchairsWheelchairs BoatsBoats

LithiumLithium Portable computersPortable computers CamcordersCamcorders CamerasCameras Medical equipmentMedical equipment Mobile phonesMobile phones Personal digital assistants (PDAs)Personal digital assistants (PDAs)

Nickel CadmiumNickel Cadmium Power toolsPower tools Cordless phonesCordless phones Remote control vehiclesRemote control vehicles Solar lightsSolar lights Military equipmentMilitary equipment

Nickel Metal HydrideNickel Metal Hydride Digital camerasDigital cameras ToysToys DiscmansDiscmans FlashlightsFlashlights Military equipmentMilitary equipment

Target Markets

Industrial

Portable

Power Tool

Military

Transportation

Recent AccomplishmentsRecent Accomplishments

2004 2005 2006

Technology acquired

Field-trials in real-world conditions

Signed first license agreement

Signed North American distributors

Delivered first AccelRate® Delivered first AccelRate® SC “high-speed” chargersSC “high-speed” chargers

Hawker Lifespeed™ 3000 incorporating AccelRate technology introduced

Initial orders

received and

shipped

Motive Power – License Agreement

Hawker Powersource

License to Manufacture andMarket in N.A.

Hawker Lifespeed™ 3000(incorporating

AccelRate technology inside)

AccelRate® SC Chargers(private label line incorporating

Hawker technology)

Sold to OEMs Sold to Aftermarket

Royalty received

Royalty + Margin received$ $

Industrial Market

• Lead acid battery chemistry is >60% of secondary battery use

• More than 1.3 million forklifts operating in U.S. today

• 57% are electric and growing due their functionality,

reduced emissions and regulatory environment

• 250,000+ chargers sold/yr. for forklift industry

• Demand for forklifts is growing and projected to expand >4%/yr.

• Demand for improved fleet management and reduced capital costs

• AccelRate technology enables end-user to get 40-60% more out

of the same battery, based on our full state-of-charge capabilities

AccelRate Charged Battery Has 60%Ah

AccelRate technology provides a

60 Ah increase or 60% more

battery usage than a fast charger.

Based on a 200 Ah lead-acid battery

0

20

40

60

80

100

120

140

160

180

200

APS High-Speed

Charging

Fast Charging

Cap

acit

y (A

h)

Trickle-charge only

Fast charge

Safe maximumdischarge

Work

ing A

rea

Work

ing A

rea

Lower capital costs

Reduce # of batteries by > 60%

Reduce # of chargers by 80%

Eliminate and battery handling equipment

Lower operating costs

Reduced energy costs

Achieve full state-of-charge in 2 hrs

Easily integrated into existing operations

Customer Benefits

Medium and large industrial fleets with

multi-shift applications

Value Proposition to Industrial Forklift User

Based on 30 Counterbalanced Forklift Trucks:

Conventional Chargers

AccelRate™ Smart Charger I nitial Cost Savings

Capital Costs:

Batteries: 90 x $4,000 30 x $4,000 $240,000

Chargers: 30 x $3,000 6 x $12,000 $18,000

Battery Room: $200,000 $0.00 $200,000

Staging Room: $50,000 $0.00 $50,000

Total: $508,000

Operating Costs: Annual Operating

Cost Savings ($40/hr) Labor @ 20 mins per battery change: 30 man/hours / day 0 $300,000 Battery maintenance @ 15 minutes per: 22.5 man/hours / day 7.5 man/hours / day $150,000 Total Annual: $450,000

Total 1st Year: $958,000

• Be the licensor-of-choice to charger providers.

•Partner with leading manufacturers who will integrate

AccelRate technology into their products.

• Be the leading supplier of “high-speed” battery chargers.

• Develop and expand alliances with major distributors.

• Drive end-use customer satisfaction.

Corporate Strategy

• Unique, industry-proven, patented technology

• No comparable competitors

• Committed international strategic partners

• Revenues received through license fees, royalties and margins

• Multi-billion dollar global markets

• Unlimited future applications

• TSX Venture Exchange and Frankfurt Exchange listings

• Superior and focused management team

AccelRate is Positioned for Success

Strong Management Team

Reimar KochPresident & CEO

Vladimir PetrovicInventor & CTO

Pierre C. GadboisVP – Motive Power

Debby HarrisVP – Market Development

Honourable E. Lawson

Dedicated Board of Directors

Murray Macham Rudy BooimanIan Adam, F.C.A.

Caspar KochChairman

Reimar Koch

Power Technology with Global Applications