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ElectraTherm Commissions 10 Green Machines

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94 Heat is Power. “Waste Heat-to-Power Group Rebrands Itself for a Capitol Hill Push.” 95 http://www.heatispower.org/ee-news-reports-on-heat-is-power-launch/ th th Based on discussions with Farshid Arman and Sarah Peach on October 9 , 2012 and November 9 , 2012 respectively from Siemens and Alan Davis from Starlight Investments on November 30th, 2012 regarding the 96 venture capital appetite for the Organic Flash Cycle. 97 Ormat. “Company Profile.” http://www.ormat.com/company-profile 98 Interview with Dr. Manny Oliver, director from the SBIR/STTR Program Office. Ho Tony, Mao Samuel, Greif Ralph. Increased power production through enhancements to the Organic Flash 99 Cycle (OFC) Energy 45 (2012) 686-695 BCS, Incorporated. "Waste Heat Recovery: Technologies and Opportunities in U.S. Industry." Office of Energy Efficiency and Renewable Energy. March 2008. 100 Ibid 101 Interview with Roberto Bini, Turboden, 11/6/2012 102 Converting Low-Grade Heat Into Electrical Power. “Supercritical Rankine Cycle.” http://www.eng.usf.edu/~hchen4/Supercritical%20Rankine%20Cycle.htm 103 Think Geoenergy. “Turboden announces new supercritical ORC module prototype” http://thinkgeoenergy.com/archives/13626 104 BCS, Incorporated. "Waste Heat Recovery: Technologies and Opportunities in U.S. Industry." Office of Energy Efficiency and Renewable Energy. March 2008. 105 Ibid 106 EPA. “Waste Heat to Power Systems.” http://www.epa.gov/chp/documents/waste_heat_power.pdf 73

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