P R E S E N T A T I O N T O M I H A M A C O R P O R A T I O N

S E P T E M B E R 1 6 , 2 0 1 1

OREX Technology Overview

Main Office and Central

OREX Processing Facility

215 Second Avenue

Ashford, Alabama, USA

US Department of Energy (US Government)

OREX Processing Facility

2010 Highway 58

East Tennessee Technology Park

Oak Ridge, Tennessee, USA

Eastern Technologies, Inc.

USA

ETI China Office

Qingdao, China

Eastern Technologies in China

OREX International.. Ltd.

(Wholly owned subsidiary of ETI)

Hong Kong

ETI Corporate Structure

FRHAM Safety Products, Inc

Long Time Supplier of Products to Nuclear Power Plants and Department of Energy Nuclear Facilities in the USA

Primary Distributor and Supplier of OREX Products in the USA

Long Time Business Partner with

ETI

Familiar with OREX Technology

since Initial Development Activities

Nashville Office

318 Hill Avenue

Nashville, TN 37210

South Carolina Office

171 Grayson Road

Rock Hill, SC 29732

FRHAM Safety Products, Inc.

• Innovative new line of protective clothing,

decontamination supplies and related products.

• Designed specifically for the nuclear industry.

• Made from a special polymer called Polyvinyl

Alcohol (PVA).

• OREX products were designed to replace

launderable and traditional disposable products.

• Over 70 product codes currently.

• Special treatment process following use

eliminates waste requiring landfill disposal.

What is OREX?

OREX Single-Use Product Technology has

changed the protective clothing paradigm at U.S.

nuclear facilities!

• OREX is More Cost Effective

• OREX is More Protective

• OREX is More Comfortable

• OREX is Easier to Manage

• Best of All …..There is NO WASTE After Use!!!

OREX is the Technology of the Future!

Benefits Demonstrated at Nuclear Facilities

Coveralls

Airline Suits

FR Apparel

Hoods

Booties

Shoecovers

Mops/Wipes

Sheeting

Waste Bags

Lab Coats

Scrubs

OREX Products Currently Available

OREX Technology Overview

Over 85% of USA Nuclear Power Plants (NPPs) use OREX Extensively

More than 2,000,000 sets of OREX Protective Clothing are used in USA NPPs each year

More than 2,600,000 Sets of OREX Scrubs have been Used in the Past 3 Years

More than 1,500,000 OREX Wipes are used in USA NPPs each year

More than 150,000 OREX Waste Bags are used in USA NPPs each year

More than 120,000 OREX Mopheads are used in USA NPPs each year

OREX Technology Overview

30-40 NPP Refueling Shutdown Periods per Year in USA are 100%

OREX

16 Steam Generator Replacement Projects (All Such Projects in USA

have been 100% OREX Since Year 2001 when OREX was Initially

Developed; each Shutdown Period Requires over 100,000 sets of OREX

Protective Clothing)

More than 10 Reactor Head Replacement Projects in USA have been

full OREX Projects

Emerging Technology (First full Trials): Spring 2002

Signifiicant OREX Users

Proven Technology: Spring 2011

Significant OREX Users Limited OREX Users

USA NPPs Using OREX Extensively

Palo Verde

Diablo Canyon

Comanche Peak

McGuire

River Bend

Grand Gulf

Turkey Point

Beaver Valley

Shearon Harris

H.B. Robinson

Brunswick

Waterford

Seabrook

Kewaunee

Hatch

Oconee

Catawba

Surry

North Anna

Crystal River

Indian Point

Duane Arnold

Davis Besse

Perry

Callaway

Pilgrim

Wolf Creek

Fitzpatrick

Ft. Calhoun

Fermi

Farley

Vogtle

Arkansas Nuclear One

Millstone

Braidwood

St. Lucie

LaSalle

Byron Station

Point Beach

Vermont Yankee

Palisades

Prairie Island

Cooper

OREX Processing Overview

• More than 500,000 Kg of Used OREX is Processed in the USA OREX Processing Facility each Year

o Waste Volume Reductions of 10,000:1 are common on scrubs, mops, wipes, sheeting and waste bags

OREX Processing System History – First Generation Processor

Year 2001 – First Generation OREX Processor (Model MB-200) begins Commercial Operation in the USA

Year 2003 – First Generation OREX Processor Capacity Increased from 100 Kg per Batch to 270 Kg per Batch (Model MB-600)

Year 2006 – Two Model MB-600 OREX Processors Operating at Central USA Processing facility

Year 2007 – One Model MB-200 Processor Begins Operation at USA Government facility

Year 2009 to Present – USA Central Processing Facility Processes over 500,000 Kg of Used OREX each Year from USA NPPs

OREX Processing System History – 2nd Generation Processor

Year 2010 – Small Scale 2nd Generation OREX Processor was Installed at Wolsung NPP in South Korea and was Successfully used to Process Used OREX During the Refueling Shutdown Period.

Year 2010-2011 – USA Engineers Modify 2nd Generation Processor for Application in USA and China. First Large Capacity 2nd Generation Processor is Currently being Constructed at Central Facility in USA (180 Kg per Batch Capacity)

Note: 2nd Generation OREX Processor has been Specifically Modified to Optimize Effluent Discharge Chemistry to Satisfy Japan, Korea, China Requirements

OREX Processor Second Generation Overview

Dissolution and

Chemical Oxidation

Filtration Thermal

Oxidation

Used OREX

Water

Heat

Chemical

Carbon Dioxide

Heat

Advantages to 2nd Generation Processor

1st Generation

OREX Processor

2nd Generation

OREX Processor

Capacity (per Batch) 270 kg 180 kg

Water Used per Batch 5300 liters 570 liters

Thermal Oxidation Phase No Yes

Effluent Chemical Oxygen

Demand (COD) 85,000 ppm <100 ppm

Amount of Water

Discharged per Batch 5300 liters 40 liters

New OREX Products for JNPC

ETI Product Development staff has Developed Several New OREX Products Specifically for Asia Application to Reduce Radioactive

Waste Generation Significantly

Pink Sheeting

Pink Waste Bags

Preliminary Design for a “bagsuit”

Current Status - China

China Nuclear Power Engineering Corp (CNPE) Recently Completed a Full Feasibility Evaluation for OREX Implementation in China NPPs. The Results were Very Positive.

First China NPP has Designated Space in the Reactor Auxiliary Building for the First OREX Processor to be Installed.

ETI is Creating a China based OREX Processor Fabrication and Installation Team to Prepare for 2nd Generation OREX Processor Installation at China NPPs

Summary

OREX is Innovative and Environmentally Friendly

OREX Products are High Performance Products

OREX Processing Eliminates the Waste after Use (Higher Volume Reductions than Incineration)

OREX was Designed Specifically for Nuclear Applications

Many of the OREX Team Come From the Nuclear Industry

FRHAM/ETI have a Strong Partnership and Capability to Serve and Supply OREX to Mihama Corp.

Thank you.

In Keeping with Mihama’s Corporate Slogan “Today for Tomorrow”,

…OREX is a revolutionary technology that will shape tomorrow’s world.