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Company Overview

Company Overview. Revolutionary products and services for natural gas compression and transportation: Design software and services for natural gas compressors and pumping stations Design software and services for natural gas engine development

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Company Overview

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  1. Company Overview Revolutionary products and services for natural gas compression and transportation: • Design software and services for natural gas compressors and pumping stations • Design software and services for natural gas engine development • Performance Augmentation Networks - PANs (patents-pending) – Are high performance piping systems for pulsation attenuation and performance improvement • Improve pumping and pipeline reliability by reducing vibrations • Increase gas flow volume up to 30% • Increase compressor efficiency up to 20% • Decrease compressor operating costs up to 20% • Decrease compressor station “Carbon footprints” up to 20%

  2. Team and Strategic Partners Glen Chatfield • Founder of OPTIMUM Pumping and c0-inventor of PAN technology • 1970 Founded Duquesne Systems PA’s 1st software IPO in 1984. • Duquesne became Legent Corp and was sold to Computer Associates, 1995 for $1.78 billion • Founder and Vice Chairman of the Pittsburgh Technology Council • Alumni Fellow of the Penn State College of Engineering Norm Shade • Chairman of ACI Systems • World Leader in the Natural Gas Compression industry for more than 30 years Richard James • Engineer and IP attorney • Former VP of Operations for Voltec Innovation Works Gas Machinery Research Council –

  3. Current : Pulsation Control Technology $800,000 for 8 ANTIQUATED, VIBRATING Bottles with CHOKE-TUBES Bottles DISSIPATE 95% of Pulsation Energy And AMPLIFY Pulsation Caused VIBRATIONS BottleInternals Orifice Plates at most flanges

  4. Newest: Manifold PAN Technology PANs Recover 95% of pulsation energy And Minimize Vibrations • Improving Efficiency up to 20% • Increasing Gas Flow up to 30% • Improving Reliability

  5. 2014 Industry Sponsored Full-Scale Field Test Will Prove the Benefits of Manifold PANs

  6. PRICE Comparison: New PAN 6-Throw Pipeline Compressor • Hardware - Pipes, TST Junctions and supports - $460,000 • PAN Design Services - $150,000 • PAN Royalty 8,000 hp compressor @ $20/hp - $160,000 • Total 1st System PAN Cost - $770,000 • Conventional 8 Bottle cost - $800,000 • Additional Identical PANs $620,000 -23%

  7. Marcellus Shale Midstream Compressor Before PAN With Bottles Caterpillar G3516 & Ariel JGT/4 Most popular engine & compressor

  8. Marcellus Shale Midstream Compressor • After • With • Skid PAN • Shop Fabricated • Skid Mounted • Trucked Without Escort • Minimum Field Installation work • It’s SOTA Using Industry Best Practices

  9. PAN ROI: Midstream Compressor • Hardware - Pipes, TST Junctions and supports - $200,000 • PAN Design Services - $150,000 • PAN Royalty 1,300 hp compressor @ $20/hp - $26,000 • Total 1st System PAN Cost - $376,000 • 10% more flow = approx $2,000/day MORE Profit • 6 month ROI • Additional Identical PANs $226,000 -40% • 4 month ROI

  10. New Proven Technology: Tuned Loop PANsPipeline Comb Filters El Paso Field Trial Ellisburg, PA Station July 2009

  11. Loop PAN Lab Demonstration

  12. Tuned Loops – Applications Gas Flow Meters Pulsation Protection to Reduce Failures Improve Accuracy of Flow Measurement Proposal moving forward in 2014 Centrifugal Compressors Pulsation Protection to Reduce Failures Allow Concurrent Operation with Nearby Recips Other Pipeline Vibration Problems Loop PANs Fix Very Expensive Problems!

  13. 2013-14 Milestones October, 2013 • GMRC approved a $400,000 investment in PAN Field Test Project • Williams agreed to provide a midstream PAN Project test site in PA November • OPTIMUM Won the TTE Conference Competition • OPTIMUM and ACI design the midstream PAN for Zick station in NE PA December • Completed Project funding • GMRC approval to proceed with Project January, 2014 • GMRC Project Supervisory Committee approves 1st Project milestones April - GMRC Project Supervisory Committee approves 2nd Project milestones May – Exhibit products at the Eastern Regional Gas Compression Roundtable June - August • Install the Williams PAN and measure its performance • Use Shale Gas Innovation Contest winnings to improve and promote PANs October - Present GMC Paper on the Results of the GMRC PAN Field Test

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