Corporate PresentationCorporate Presentation

Company BackgroundCompany Background

Firepower is a group of companies that own the intellectual property to and manufacture a range of hydrocarbon based fuel conditioners and equipment that:

•Enhance engine or boiler performance for petrol, diesel and heavy Enhance engine or boiler performance for petrol, diesel and heavy fuel oil usersfuel oil users

•Significantly reduce harmful emissionsSignificantly reduce harmful emissions

•Reduce maintenance costs and increase equipment lifeReduce maintenance costs and increase equipment life

All Firepower products are manufactured to ISO9001 standards and have been comprehensively tested by leading independent testing institutes and major companies.

““To save money for our customers whilst To save money for our customers whilst significantly reducing harmful emissions by significantly reducing harmful emissions by providing technology that makes fuel burn providing technology that makes fuel burn

better.better.””

Our MissionOur Mission

Refinery Fuel Oil Grades ProducedRefinery Fuel Oil Grades Produced

The Problems With Burning FuelThe Problems With Burning Fuel

The common problems associated with burning fuels may be summarised as follows:

• Incomplete CombustionIncomplete Combustion• Contamination & Deposit FormationContamination & Deposit Formation• Acid Formation and CorrosionAcid Formation and Corrosion• Water Contamination and Bacterial Water Contamination and Bacterial

GrowthGrowth

Fuel produced by the major oil companies has failed to keep pace with the requirements of modern engines, or the expectations of society in relation to emissions. Despite the technology being available, economic and other pressures prevent the major oil companies from applying it to the fuels they produce. Oil companies will continue to produce fuel to the minimum specification required by the relevant authorities.

Leading engine manufacturer CaterpillarCaterpillar says that 90% of engine wear is caused by acid action, not friction. For every 16,000 kilometers of usage, engine performance is reduced by 1%.

This is supported by data from the USA Road Transport Authority which confirms that 70% of engine performance problems can be attributed to the fuel system and 30% to the oil system.

The Problems With Burning FuelThe Problems With Burning Fuel

Fuel and Oil Fuel and Oil ConditionersConditioners

The Firepower The Firepower SolutionSolution

Oil System Oil System DialysisDialysis

Fuel System Fuel System PurgePurge

Firepower provides a solution for each of theproblem areas identified.

These individual solutions fit together like ajigsaw, giving the end user a complete result.

““It is our aim to It is our aim to bridge the gap bridge the gap

between increasingly between increasingly complex engine complex engine

technologies and the technologies and the declining quality of declining quality of

available fuels.”available fuels.”

What is it?What is it?

The Fuel System Purge Machine is designed specifically to remove harmful deposits from an engine’s fuel delivery system.

By applying our unique purge fluid whilst an engine is running, we are able to dissolve harmful contaminants and deposits from the vehicle’s fuel system, including the throttle body, fuel rail, injectors, valves and pistons, and carburetors.

Fuel System Fuel System PurgePurge

The benefits of using Firepower FP4000 can be summarised as follows:

• Improved fuel economy due to better fuel atomisation and Improved fuel economy due to better fuel atomisation and

combustion catalystcombustion catalyst

• Reduced maintenance and equipment downtimeReduced maintenance and equipment downtime

• Water controlled in fuel, preventing bacterial growthWater controlled in fuel, preventing bacterial growth

• Reduced harmful exhaust emissionsReduced harmful exhaust emissions

Note: FP4000 is registered with NATO. ( NSN 9150 66 14 16311 )

Fuel & Oil ConditionersFuel & Oil Conditioners

FP4000 - Summary of BenefitsFP4000 - Summary of Benefits

Fuel & Oil ConditionersFuel & Oil Conditioners

Firepower FP10000Firepower FP10000

Firepower FP10000 is an ashless conditioner concentrate for use in heavy fuel oils specifically formulated to achieve the following:

• Improved fuel stability• Improved fuel economy• Lower carbon formations • Control water contamination • Major improvement in the burning of waste oil • Significantly reduced harmful emissions

Fuel & Oil ConditionersFuel & Oil Conditioners

Firepower Alpine is designed to eliminate problems associated with diesel fuel in cold climates.

• Prevents diesel from freezing

• Helps stop ping, knock and hesitation

• Improves combustion efficiency

• Improves power and responsiveness

• Cleans injectors

• Reduces harmful exhaust emissions

Firepower AlpineFirepower Alpine

How Engine Oil is How Engine Oil is

AffectedAffected Research shows that approximately 10% of oil remains in the engine after the oil is drained. This oil includes wear metals, silica, soot, acids of combustion and water.

These contaminants reduce the effectiveness of the lubrication system leading to increased wear, reduced engine life, reduced engine performance and increased service costs.

In extreme cases, engine damage can occur.

Oil filler cap

Rocker arm

Returnoil wayto sump

Piston

Connectingrod

Big-endbearingMainbearings

Engineoil

SumpSump filter

Main oilfilter

Oilpump

Main oilgallery

Delivery oil way tocylinder head

Oil System Oil System DialysisDialysis

How does it work ?How does it work ?

The Oil System Dialysis cleans all parts of the engine that are lubricated with oil, including the sump, bearings and hydraulic lifters.

The machine controls the flow of a specially formulated oil, made by Shell, through the engine whilst the engine is running. This oil contains agents to clean out contaminants from the engine.

This oil is then continuously passed through our unique 3 stage filtration process, removing all traces of these contaminants down to 5 microns in size, which is smaller than the diameter of a human hair !

When this process is complete, the engine is restored to a “like new” condition, with the contaminants filtered and removed.

Oil System Oil System DialysisDialysis

An Oil System Dialysis will :

• Improve performance

• Improve fuel economy

• Allow smoother running

• Remove wear metal

• Prolong the life of your engine

• Reduce exhaust emissions

• Save maintenance costs

What are the benefits?What are the benefits?

Oil System Oil System DialysisDialysis

Recent Test ResultsRecent Test Results

Country Date Equipment Tested Fuel Savings

Emission Reduction

Italy Nov 2003

Mercedes Benz Actros Trucks, Gruppo Dynamica, San Miniano

14% (Average)

55%(Average)

Turkey Sept 2003

Volvo, Mercedes and Mitsubishi buses operated by Istanbul Government Bus Company

19%(Average)

40%(Average)

Germany April 2003

1997 Opel Vectra, Bosch Opel Dealership, Wiesbaden

17% 31.4%

Indonesia July 2002

Sulzer Generators operated by PLN (Indonesian Power Board)

6.27% Not Measured

Ukraine Boiler Plant operated by OAO EximneftproductOdessa

7% 40.3%

0

20

40

60

80

100

120

CO HC CO2 Dust Nox SO2

Before Firepower

After Firepower

Scientific ReportsScientific ReportsFirepower has many scientific reports demonstrating the advantages of using it’s fuel conditioning products. Below is a test carried out by the Singapore Institute of Standards and Industrial Research on emissions using Firepower Fuel Conditioner with diesel fuel.

Fuel & Oil ConditionersFuel & Oil Conditioners

Tests performed by Singapore Institute of Standards & Industrial Research

* Demonstrates Improved and More Complete Combustion

Kharkov State Academy of Railway TransportKharkov State Academy of Railway Transport

Professor Gennadiy B RozenblitDoctor of Technical Sciences and MechanicsUkraine: - Professor Rozenblit conducted an extensive test of the Firepower product over a extended trial periodSummary of results: Fuel savings 9% Injector life increased 13 times Emissions reduced 30 – 50% Reduced maintenance on Valves, Exhaust manifolds and piston rings

Automobile Association of SingaporeAutomobile Association of Singapore Mr Gerrard Ee (President) Quote: “Because the results of the test points at the potential for reducing the emission of carbon poisonous gases and this is something all Singaporeans should be interested to look at. Speaking for the Association’s point of view, if enough people use the product, hopefully we can get a clean environment”

Queens University, Belfast, United KingdomQueens University, Belfast, United Kingdom

Dr Roy DouglasQuote: “With my background in the automotive industry, I’ve come across many products that have claimed great things and have never done it and therefore I thought this might just be another one, but there is definitely a real and measurable effect.”

Global Scientific ResearchGlobal Scientific Research

Research and DevelopmentResearch and Development

““It is our aim to It is our aim to bridge the gap bridge the gap

between increasingly between increasingly complex engine complex engine

technologies and the technologies and the declining quality of declining quality of

available fuels.”available fuels.”

Product SafetyProduct Safety

Firepower products have been safely used for many years. The products do not contain any harsh chemicals that can damage an engine or expensive piece of equipment. The base materials for our fuel conditioning products are hydrocarbons which are fully compatible with the fuel, and full training is provided to ensure the correct application of the products in the field.

Firepower carries a AUD$20 million insurance policy in the unlikely event that any damage is caused to equipment by the use of Firepower products. To date, we have not had a claim.

InsuranceInsurance

Long term comparative test of an operational locomotive carried out by the Research Institute of the Russian Railways in 2000/01, under the supervision of Professor Evgeny Kossov. After six months and 152,000 kilometres, the following results were achieved:

• Engine wear reduced by 50%Engine wear reduced by 50%• Oil Consumption reduced by 32.1% Oil Consumption reduced by 32.1% • Fuel Saving of 5.1 % with a total fuel saving in excess of Fuel Saving of 5.1 % with a total fuel saving in excess of

US100,000,000US100,000,000• Increased life of bearings, turbo compressors, cylinder piston groups Increased life of bearings, turbo compressors, cylinder piston groups

and doubled fuel filter lifeand doubled fuel filter life

Russian Railways TrialRussian Railways Trial

Maintenance Schedule of Russian 2TE10UT-0048 Diesel Locomotive

Monthly Maintenance Reduction Using Firepower FP 4000 and Oil System Treatment

The following maintenance items were not required two months out of three:

USD Conversion at date of trial 15.10 Roubles = USD$ 1

Item Hours Rate Total USD

Removal of Turbo Compressors 13.00 19.54 254.06 16.83 Repair & Re-tune Turbo Compressors 34.80 19.54 680.10 45.04 Replacement of Fuel Filters 1.89 19.54 36.94 2.45 Replacement of Oil Filters 41.86 19.54 818.08 54.18 Removal and Repair of Fuel Injectors 1.82 19.54 35.57 2.36 Cleaning of Exhaust Manifold 6.00 19.54 117.26 7.77 Removal and repair of Primary fuel filter 6.43 19.54 125.66 8.32

Consumables: Qty Rate Total USD

Fuel Filters 3.00 1,015.00 3,045.00 201.66 Oil Filters 14.00 65.00 910.00 60.26 Oil 1,500.00 3.89 5,835.00 386.42

Total 11,857.67 785.28

Mulitplied by 2 Diesel Turbines per locomotive 1,570.55

8 Services per year where this saving is made per locomotive 12,564.42

The actual 26 page report from Russia railways is available for your inspectionThe hourly rate is based on Russian labour rates

•Economic benefits:Economic benefits:

Reduced fuel consumption for government & Reduced fuel consumption for government & industryindustry

Reduced maintenance costs for government & Reduced maintenance costs for government & industryindustry

Transfer of intellectual propertyTransfer of intellectual property

ExportsExports

Benefits To RomaniaBenefits To RomaniaBenefits of Firepower business based in Romania summarised as follows:

•Environmental benefits:Environmental benefits:

Reduced emissionsReduced emissions

Image in EU and Central Image in EU and Central

EuropeEurope

Meeting EU targets in 2007Meeting EU targets in 2007

Cost effective technologyCost effective technology

•Social Benefits:Social Benefits:

EmploymentEmployment

HealthHealth

Reduced costs passed on to Reduced costs passed on to

consumerconsumer

•Other:Other:The ability to offer Firepower technology The ability to offer Firepower technology

within the regionwithin the region

Research & DevelopmentResearch & Development

Causality - BAE Causality - BAE SystemsSystemsBAE Systems’ role will be fundamental to success of the Firepower business BAE Systems’ role will be fundamental to success of the Firepower business in Romania and will include signing an MOU with Firepower to enable:in Romania and will include signing an MOU with Firepower to enable:

•Facilitation or ROMTEHNICA as distributor locally and internationallyFacilitation or ROMTEHNICA as distributor locally and internationally

•Facilitation of ROMARM as subcontractor to manufacture oil and fuel system purge Facilitation of ROMARM as subcontractor to manufacture oil and fuel system purge machinesmachines

•Introducing and securing export orders by potential international customers (e.g. UK Introducing and securing export orders by potential international customers (e.g. UK MOD)MOD)

•Facilitation of Firepower trade finance facility with offset partner bankFacilitation of Firepower trade finance facility with offset partner bank

•Direct financial assistance to:Direct financial assistance to:

•Fund initial set up costsFund initial set up costs

•Provide initial working capitalProvide initial working capital

•Fund further research and developmentFund further research and development