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SAMHO GREEN INVESTMENT, INC.Investing in Green Growth Projects Worldwide

8TH Floor Hanmaru Bldg, 24-5 Yeouido-dongYeongdeungpo-gu, Seoul, Korea 150-877

Phone: (+82) 2-3453-5500www.sgivc.com

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Table of Contents

1. Company Profile Pg. 3-12SGI Executive SummaryInvestment TargetTrack Records

2. Appendix Pg. 13-33SGI’s ExpertsSGI’s Extensive NetworkReference Letters

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SGI Executive Summary THE 1st & THE ONLY VENTURE CAPITAL IN KOREA

TO FOCUS ON THE GREEN SECTORKEY FEATURES (Ref. Page 14-31) Investment and Risk Management: Avg.15+ yrs Experiences In-House Technical Management: Avg. 20+ yrs Experiences Broad Network of Advisors and Government Agencies

CURRENTLY OPERATING THREE FUNDS SGI Green Growth Fund

LP: Korea Finance Corporation Target Industries: Renewable Energy, Energy Efficiency and Co2 Emissions

MIFAFF-SGI Green Growth Fund LP: Ministry for Food, Agriculture, Forestry and Fisheries Target Industries: Renewable Energy and Eco Friendly Agirtiech

Jeonnnam Green Energy Fund LPs: Jeonnam Provincial Government, Ministry of Knowledge Economy and

Small & Medium Business Administration Target Industries: Renewable energy Projects/Companies in Jeonnam

Company Profile

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In-House Technical Management SOLUTION PROVIDER FOR ENVIRONMENT,

ENERGY & SUSTAINABLE

DEVEOPMENTIN-HOUSE TECHNICAL MGNT’S INTERGRATED SERVICES

Prepare & Assist Target Portfolio Analyze markets and technologies Conduct feasibility studies (market player, regulatory framework, risk assessment) Identify, assess, and prioritize potential targets portfolios Preliminary valuation analysis of attractive portfolios

Assist Deal Execution & Improve Efficiency Assist due diligence and prospectus development Provide technical information and directions Develop controlling tools and cost saving opportunities

Sustainable Development Research Coordinate and support high-tech R&BD projects Provide technical expertise in energy and environmental business Environmental regulatory services

Company Profile

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IN-HOUSE PROFESSIONAL CONSULTING

IN AGRICULTURAL FIELDKEY FEATURES Develop an investment strategy in agriculture field

Conduct research and a market analysis in food and agriculture Plan and execute long-term investment strategies for SGI fund Develop an agricultural business model with government and private sector

Provide consultancy service for agricultural organization and government Assist due diligence and prospectus development Provide technical information and directions Develop controlling tools and cost saving opportunities

Company Profile

In-House Agricultural Management

•Management consulting in agricultural, fisheries, and livestock industry•CEO/Management consultant, Korea Agriculture Marketing Institute•Projects ; Pulmuone, New Zealand Zespri Kiwi, Jeju Ficus Extract, Jeonnam Organic Rice, Jeju Haemuljuk•Author, Columnist and Trainer of agricultural management•Career 17 years ; MBA from California Sate University of Long Beach

Joseph M. Choe I Executive Director

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Investment Target

Green Infrastructure based on mature technologies Environment Friendly Agritech

based on greentech

Greentech Commercialization and Early Stage Development

Company Profile

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Investment Target

• Waste Energy– Organic, Combustible

• Wind Energy• Battery and Fuel cell

Technologies• Green Vehicle• Energy Efficiency

• Sustainable Energy– Solar Cell: DSSC, Organic TFSC– Fuel Cell: PEMFC, Microbial

Fuel Cell

• Nano Technology– MEMs, Home Application,

Structural Composites

• Organic & printed electronics(OPE)– Display, RFID, TFT, Lighting,

Film

Greentech Commercialization & Early Stage Development

Company Profile

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Investment Target

• W2E plants (Organic / Combustible) • Bio-mass plants• Wind-power facilities• Solar facilities• Bio-fuel plants• Green buildings

Green Infrastructure based on mature technologies

Company Profile

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Investment Target

• Eco-friendly pesticides / fertilizers• Glass greenhouse / Plant Factory• Clean agricultural water quality• Clean processing facilities• Cold Chain System• Plant growth-promoting• Farming system within Resource circulation (Recycling)• Restore contaminated land

Environment Friendly Agritech based on greentech

Company Profile

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Track RecordsWaste-To-Energy• Utilizing waste steam supply business , Hansol Paper Co., Ltd. (2009)• Develop Biogas-to-LNG and CO2 recovery process (After 2007)• PFI projects –Implement food waste recycling facilities, Yeosu/Kyeongju/Kimcheon(2007)• Food Waste/Livestock BioGas projects(2006)• Food Waste treatment project, Dontan (2006) • Provide treatment and recycle facility of livestock waste, Yeoju (2004)• Install and operate pilot plant of sludge recycling, POSCO (2004) • Develop the availability of hard polyurethane powder as the fuel of cement plasticity

furnace (2004)• Streamline and enhance incinerating plant for waste ties (2003)• Provide consulting services for upgrading the process of pyrolyzing plastic waste (2002)• Implement 3MW LFG-to-Energy plant, Keumgo landfill (2001)• Provide consulting services of pretreatment available for using plastic waste as subsidy-

fuel in cement plasticity furnace (2000)(Continued)

Company Profile

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Track Records(continued)• Implement 6.5MW LFG power generator, Sudokwon landfill (2000)• Provided process consulting for recycling nylon waste (1999)• Profile and supply mixed plastic waste (1999)

Clean Development Mechanism (CDM) Projects• Conduct FS of CDM project from wasted olive oil, Tunisia (2008)• Conduct FS of LFG-to-generation and CDM, Vietnam (2007)• Conduct FS of bio-diesel CDM project, OO(2006)

Greentech• Development of Enhanced Bio-reactor Landfill Process (2007) • R&D and patent application of super-critical bio-diesel process(2006)• Development of Biogas energy system by using anaerobic digestion(2006)• Development of LFG commercializing technology by using 250kW gas engine (2003)

Company Profile

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Track RecordsBio-Energy• Managing Jatrophafarming business as BD feedstock (100,000 ha), Philippines (After 2007)• Provide feasibility study of Jatropha& Cassava farming business, Negros, Philippines

(After 2007)• Design, construction and management of Bio-diesel production plant, Malaysia

(200,000TPY) (2007)• Planning feedstock sourcing and industrialization for economical bio-diesel production

(2006)

Environment Friendly Agritechonology• Manufacturing business of environment friendly fertilizer and livestock feed using swine

blood, Fine Co., Ltd. (2009)• Greenhouse project utilizing renewable energy (2009)• Cereal manufacturing business using environment-friendly agricultural products, CR Food

Co. Ltd. (2009)• Agricultural product packaging business using waste materials, Powerpack Co. Ltd. (2009)

Company Profile

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Appendix

SGI

SGI’s Experts

SGI’s Extensive Network

Reference Letters

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Appendix

SGI’s Experts

•M&A, Buyout and Strategic Restructuring

•Executive Managing Director, I&D VC

•Director, Tong Yang Venture Capital Corp.

• Director, Korea Environmental Venture Association; Auditor, Korea Core Industrial Technology Investment Association (KITIA)

•Career 25 years; BA degree from Yeonsei Univ.; Master degree from KAIST

Taesoo Yang I CEO

Soobong Cho I Executive Vice President•Risk Management, Credit rating, Stock Valuation, Feasibility Study

•Strong relationship with domestic & foreign financial institutions

•Executive Managing Director, National Information & Credit Evaluation (NICE, Leading Credit Rating Agency in Korea) ;

•Member/Advisor of Risk Committee, Kookmin Bank, Coal Industry Promotion;

•Member of BOD, Dunn & Bradstreet Korea, NICE Pricing Services

•Career 25 years; Seoul National University; KAIST

Investment Group – Key Personnel

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Appendix

SGI’s Experts

Kyung-Chul Min I Director

Myung-Hwan Kim I Director

Investment Group – Key Personnel

•Negotiating, structuring of equity related agreement, investments and placement

•General Manager, Investment Division, Ray & Investment, Inc.

• Investment Manager, I&D Venture Investment, Inc.

• Investment Manager, Seoul Capital Holdings, Inc. (CRC)

•Career 12 years; Ajou University

•M&A, Venture / Private Equity Fund Managements

•General Manager, KTB Capital, Co., Ltd.

• Assistant General Manager, KTB Network Co., Ltd.

• Korea Technology Finance Corporation

•Career 13 years; Seoul National University

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Appendix

SGI’s Experts

Yong-Soo Jeong I Director

Insoo Um, CFA I General Manager

Investment Group – Key Personnel

•M&A, Venture / Private Equity Fund Managements

•Director, KTIC Global Investment Advisory

•Director, Yellow Production, Co., Ltd.

•Director, KTB Entertainment, Co., Ltd.

•Venture Capitalist, KTB Network, Co., Ltd.

•Career 8 years; Seoul National University

•Venture and M&A investments / Financial Analysis, Business valuation and financial modeling

•Principal Investment Analyst, Hyundai Securities Co., Ltd.

• Venture Invest Manager, Ray & Venture Investment, Inc.

•Career 7 years; Hankuk University of Foreign Study

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Appendix

SGI’s Experts

Sang-Bong Lee I Technical Engineer

Jang-Keun Lee I Technical Engineer

Technical Group – Key Personnel

•Waste-to-Energy, CHP, Hydrogen Fuel Cell, Environmental engineering

•Professional engineer of energy and environment; Principal Investigator of E program; Advisor of MOE and Energy management corporation in Korea

•CEO & president, EnE Management; Vice President, ECO solutions; Team manager, Samsung Corporation

•Career 24 years; Hanyang University ; M.S. degree from KAIST

•Waste-to-Energy, Biomass Energy

•CEO, Samho Enviro-Tech; Environment & Renewable Energy Pioneer; Mechanical Biological Waste Treatment; Refuse-derived Plastic Fuel/Refuse Derived Fuel

•2008 Seoul Environment Award; Advisor, Korean Environment Ministry (MBT policy)

•Career 33 years; Gyeongnam University

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Appendix

SGI’s ExpertsMin-Seon Kim I Technical Engineer

Jun-Hyun Kim I Technical Engineer

Technical Group – Key Personnel

•Biomass energy, wind power, solar cell, resources development;

due diligence

•Managing director, EnE management; Director, ECO Solutions; Senior technical manager, Samsung Corporation

•Career 20 years; Yonsei University

•Solar cell, fuel cell, advanced materials, R&D program; due diligence

•Director of Consulting, EnE management; Project Manager, ECO Solutions; Chief Engineer, Samsung Corporation

•Career 16 years; Konkuk University

Il-byoung Choi I Technical Engineer•Fuel cell, process engineering, advanced material; due diligence

•General Manager, EnE management; Team Leader, Samyang Corporation; R&D Director, Shinkang Corporation

•Career 15 years; Konkuk University

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Appendix

SGI’s ExpertsKey Personnel

Seong-uk Go I Jeonnam Division General Manager

•Certified Public Accountant

•Accounting, Tax, management Consultant / Accounting Firm

•CEO , Vice President / Venture Businesses

•Auditor or Analyst / Venture Capitals and Credit Evaluation Company

•Career 25 years; BA degree from Seoul National University

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Appendix

Presidential Committee on Green Growthhttp://www.greengrowth.go.kr

Ministry of Knowledge Economy http://www.mke.go.kr

Ministry of Environment Republic of Korea http://www.me.go.kr

Government Agencies Government-Related Organizations

Korea Trade-Investment Promotion Agency http://www.kotra.or.kr

Korea Venture Capital Association http://www.kvca.or.kr

Korea Core Industrial Technology Investment Association http://www.kitia.or.kr

SGI’s Extensive Network

Korea Finance Corporationhttp://www.kofc.or.kr

Small & Medium Business Administrationhttp://www.smba.go.kr

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Organic & Printed Electronics

Yi, Chang-Jin Korea Research Institute of Chemical Technology

Yun, Sung-Cheol Korea Research Institute of Chemical Technology

Yi, Kang-hee Gwangju Institute of Science & Technology

Kim, Chang-Joo Seoul National University

Solar Cell Park, Nam-Gui Korea Institute of Science & Technology

Kim, Kyung-Gon Korea Institute of Science & Technology

Jin, Sung-Ho Busan National University

Fuel-Cell Kim, Hyung-Jun Korea Institute of Science & Technology

Kim, Soo-Gil Korea Institute of Science & Technology

Chang, In-Seop Gwangju Institute of Science & Technology

Nano-Tech Yi, Kun-Hong Pohang University of Science and Technology

Park, Jae-Kwan Korea Institute of Science & Technology

Jin, Sung-Ho Busan National University

Clean Tech Song, Yeong-Chae Korea Maritime University

Yi, Jin-Seok Bio Energy R&D Center

Yun, Mu-Hyeok Korea Energy Management Corp.

Appendix

Advisory Group

SGI’s Extensive Network

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KIST(Korea Institute of Science & Technology) http://www.kist.re.kr

KRICT(Korea Research Institute of Chemical Technology) http://www.krict.re.kr

KETI(Korea Electronics & Technology Institute) http://www.keti.re.kr

Institutes UniversitiesKAIST(Korea Advanced Institute Science & Technology) http://www.kaist.ac.kr

GIST(Gwangju Institute of Science & Technology) http://www.gist.ac.kr

Seoul National University http://www.snu.ac.kr

KIER(Korea Institution of Energy Research)http://www.kier.re.kr

Yonsei University http://www.yonsei.ac.kr

SGI’s Extensive NetworkAppendix

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KIST is one of the premier multi-disciplinary research institutes in Korea. KIST was founded in 1966 by Korea Government to research, develop, and transition creative, original technologies that are necessary to advance nation’s science and technology base. More than 600 research scientists and technicians are working for developing the future technologies in KIST. They are involved in R&D projects such as Nano-technology, Energy & Environmental technology, Thin-film materials, fuel cell, organic electronics and so on.

KIST (Korea Institute of Science and Technology)

Technology Focus AreaNano-Technology Nano Materials: 0D-1D hybrid nanostructures, nanoparticles,

nanopowder, dielectric ceramic materialsNano Devices: nano-sized semiconductor and low-dimensional structure, Si-based quantum dots, next-generation optoelectrical devicesSpintronics and Nano-bio

Material Science &Technology

Hybrid materials: organic materials, CNT-polymer materials, materials for electronicsThin Film materials: light-element based thin film, opto-funtional thin film, memory materials and devicesEnergy materials: SOFC, organic solar cell, hybrid thin-film battery

Energy & Environment

Fuel cell for power generation, transportation, and portable power sourcesClean energy and environmental technology

Appendix

www.kist.re.kr

SGI’s Extensive NetworkR&D Institutes

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KRICT was established in 1976 to improve the competitiveness of the chemical industry and promote the establishment of new national scale industries by developing and disseminating original chemical technologies and relevant convergence technologies. KRICT has concentrated on four major research areas: Green Technology, Advanced Chemical Materials, Innovative Drug Candidates, and Chemistry based Fusion Technology for contributing to the growth of the domestic chemical industry and is now endeavoring to develop key chemical technologies to secure a sustainable future.

KRICT (Korea Research Institute of Chemical Technology)

Technology Focus AreaAdvanced Materials Energy materials for solar cells, fuel cells and secondary

batteries, and environment-friendly coating materialsKey materials for displays and printing process-based devicesMaterials for semiconductors and electronic components such as flexible printed circuit boards and film and coating materialsNano-bio convergence technologyHigh performance polymer materials and composite materials

Bio-Organic Science Drugs for anti-cancer, metabolic diseases, infectious disease, cardiovascular diseases, cerebral diseases, and inflammatory diseases

Green Chemistry Petroleum displacement technology, environment-friendly chemical technology, chemical biotechnology, and biorefinery technology

Appendix

www.krict.re.kr

SGI’s Extensive NetworkR&D Institutes

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KETI (Korea Electronics and Technology Institute)

Technology Focus Area

Display Flexible display (LCD, OLED, E-paper), flexible device & display driving circuits, printed electronics devicesDisplay components & materials – nano materials, printed electronics materials & process, solar cell component materials, OLED & transparent electrode technology, LED & next generation lighting technology

KETI has contributed to the reinforcement of international competitiveness of the electronics, information, and other related components industries, by fostering the R&BD necessary for technological innovation and support of small and medium enterprises. In order to realize high value-added business with industrial technology, and to strengthen national competitiveness, KETI is conducting field research and business development under an autonomous and responsible management. KETI intensively develops specialized areas, and creates the basis to improve specialized research.

Energy IT Green energy,- CNT, nanowire, nanopatterning, thin film solar cellElectric power IT

ConvergenceComponents

Electronic materials and device – electronic ceramics & composites film materials, high performance piezoelectric materials and their application moduleConvergence sensor and device

Appendix

www.keti.re.kr

SGI’s Extensive NetworkR&D Institutes

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KIER (Korea Institute of Energy Research)

Technology Focus Area

Renewable Energy Thin film solar cell of silicon and CIGS, BIPVFuel Cell – electrodes, electrolyzer, MEAHydrogen energy research for PEMFC and MCFCBioenergy – Biodiesel, bio-echanol, biogasSolar thermal and GeothermalWind Energy

KIRE has devoted itself in R&D on clean and new energy technology and its efficient use with a long term view on future energy security, since its founding in 1977. It contributes to national economic growth by developing industrial core energy technology and deploying outcomes.

Energy Efficiency &Materials Convergence

Building energy and industrial energyReaction and separation materials – ceramic membraneEnergy conversion and storage – organic photo-electric materials, MEMS

Climate ChangeTechnology

GHG – CO2 capture technologyClean fossil energyWastes energy

Appendix

www.kier.re.kr

SGI’s Extensive NetworkR&D Institutes

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KAIST was established in 1971 as the nation’s first graduate school specializing in science and engineering education and research. KAIST has continued to be Korea’s foremost center for mid- to long-term R&D projects with national and international significance. Nowadays, KAIST has selected Energy, Environment, Water, and Sustainability (EEWS) as important initiatives for future.KAIST have set up eight institutes (KIS) to concentrate the research capabilities in advanced fields; especially in semiconductor, nano technology, eco-energy, and optical science and technology. In terms of ownership of intellectual property rights, KAIST holds 2,94 domestic patents and 724 international patents.

KAIST (Korea Advanced Institute of Science and Technology)

Technology Focus AreaChemical andNano-science

Materials

Function polymer for LED, PV cells, and OTFTsFunctional nonporous materials, bio-inspired nano materialsNano-photonics: metal-dielectric TF, VCSELs & Photonic crystals, photonic semiconductor and devicesCell engineering

Energy materials: lithium rechargeable batteries, thermoelectrics, SO/PEF FC, solar cellsNanocerimics, nano and functional materials, flexible and advanced nano devicesPlasma & thins film, display materials, composite materials

Energy and Environment

Sustainable energy for merging NT and ETFuel cell and secondary batteries

Appendix

www.kaist.ac.kr

SGI’s Extensive NetworkUniversities

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GIST is, established in Gwangju by the Korean government in 1993, a research-oriented graduate school with superb laboratories and research centers and faculties. GIST has produced Nation's highest number of papers/professor published in SCI-listed journals during the recent consecutive 12 years.The partnership between SGI and GIST will be highly available to this investment process with the help of GTI under GIST.

GIST (Gwangju Institute of Science and Technology)

Technology Focus Area

Material Science Semiconductor and optoelectronics materialsOrganic materials for optoelectronicsEnergy related materials

Environmental Energy

Microbial Fuel Cell – Membrane, Process

Mechatronics Intelligent Transport System & Intelligent Manufacturing System

Nano Technology Nanobio material and electronics - high resolution display & MEMsFemto-Nano Science – Nano-semiconductor, organic electronics

Appendix

www.gist.ac.kr

SGI’s Extensive NetworkUniversities

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POSTECH (Pohang University of Science and Technology)

Technology Focus Area

Materials &Nano-Tech

Polymer synthesis & physics: nano-structured polymers; polymersNanostructured electrodeHigh thermoelectric material, electronic & magnetic structuresNano-materials, -electronics, and –bio systemNano-photonics, -plasmanics, - biotechnologySemicondor nanorods, fuel cell, aerospace material, information materialsSelf-assembled soft materials, nano-hybrid, and emergent materials

POSTECH has been conducting various researches in both fundamental and applied sciences, most of which are government/industry commissioned projects, since founded in 1986 by the financial support of POSCO. POSTECH is actively engaged in R&D as it supports over 60 research centers on its campus. Through all this, POSTECH has a lot of IP and future-oriented technologies of power influences on the industry. POSTECH is also actively supporting utilization of its research outcomes and venture businesses by its professors and researchers. As part of such effort, the POSTECH Venture Business Co., Ltd., and the Business Incubation Center are actively encouraging potential technologies to be commercialized.

Energy &environment

Environmental energy: thin film, fuel cellEnvironmental materials

Appendix

www.postech.ac.kr

SGI’s Extensive NetworkUniversities

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SGI’s Extensive Network

• Presidential Committee gathering and arbitrating other ministries policies• Advisory to all Korean Green Growth Policy

Presidential Committee on Green Growth www.greengrowth.go.kr

•Part of Korea’s central government overlooking foreign trade, energy/resources, and industry •LP through Korea Venture Investment Corp(KVIC)’s Korea Fund of Fund

Ministry of Knowledge Economy www.mke.go.kr

• Part of Korea’s central government overlooking environment industry• Sharing the information about environmental technology, law, statistics and etc

Ministry of Environment, Republic of Korea www.me.go.kr

Appendix

Governmental AgenciesKorea Finance Corporation www.kofc.or.kr

• Leading policy-based fund of funds and direct investments designed to contribute to the sound growth of the finance industry and national economy

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SGI’s Extensive Network

• Part of Ministry of Knowledge Economy promoting international trade and investment• Providing information of other country’s investment climate and data of foreign companies

Korea Trade-Investment Promotion Agency www.kotra.or.kr/

• Premier association that represent Korean Venture Capital Industry• Providing information of Private Equity Investment and VC Community

Korea Venture Capital Association

www.kvca.or.kr/

• Incorporated association established in accordance with the “Act on Special Measures for the Promotion of Specialized Enterprise for Components and Materials”• Providing information of Core Industrial Technologies and Companies

Korea Core Industrial Technology Investment Association

www.kitia.or.kr/

Appendix

Government-Related OrganizationsSmall & Medium Business Administration www.smba.go.kr

•Providing support to start-ups & mid-sized enterprises for financing, marketing, and technology

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Appendix

Reference LettersKorea Venture Capital

Association

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Appendix

Reference LettersKorea Core Industrial

Technology Investment

Association