ElectraTherm Commissions 10 Green Machines

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ElectraTherm Commissions 10 Green Machines ( electratherm-commissions-10-green-machines )

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Recommendations In order to pave the way for the eventual commercialization of OFC technology, our Cleantech-to-Market team would like to propose a number of procedural as well as research recommendations to which we believe will be critical milestones. Process Recommendations LBNL/Scientists Licensee Company Figure 13. Proposed Process Timeline In Figure 13 above we have captured five steps that we believe are critical for raising funds for a prototype and effectively communicating the value of the OFC to the market. Given our promising conversations with incumbents that develop and sell the ORC as well as representatives from LBNL, we believe there is sufficient interest in the market to file a PCT application. As this is a critical step that will continue the patent coverage that protects the unique configuration of the OFC, we propose embarking on this step in the first quarter of 2013. Between now and the end of the second quarter of 2013 we propose that in-depth conversations be held with GE, Ormat and TAS as well as other interested parties that prove 33 Q1 2013 Q2 2013 Q3 2013 Q4 2013 2014+ Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Patent Cooperation Treaty (“PCT”) Application ` Assess Licensing Candidates Initiate Funding Application Prototype Testing Market Testing

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