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Safe NGV’s: Intelligent RefuelingIan Patterson, Viridis Technologies Inc.
April 2011
Slide 1
innovation delivered
• Viridis Technologies Inc
– Head office: Markham, ON
– Subsidiary: Singapore
• Manufacturer of fueling equipment for CNG, LNG,
H2 and LPG
– Reputation for quality products and strong global technical support
– Management has strategic relationships with suppliers, governments, & customers in global industry
– Management has extensive track record of improving safety & performance of industry
• Experienced management team
– 35+ years sector knowledge
• Market ready RFID CNG systems
• Listed on the Deutsche Börse Open Market, trading
symbol “VRY”
Company Highlights
Viridis Fuel Dispenser Products
H2 and blended-fuel
dispensers
CNG Dispensers
LPG dispensers
LNG dispensers
Natural Gas Vehicles (NGV’s)• Over 16M vehicles in 84 countries
• Natural Gas as fuel– Decreased CO2 emissions
– Reduced vehicle maintenance
– Domestic supply
– Gateway fuel
– US Natural Gas Act
• Barriers to growth– Lack of fueling infrastructure
– Industry safety
4.6
11.6
29.2
53.2
76.3
104
0
20
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80
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2005 2010 2015 2020 2025 2030
NGV Market Growth
Millions Of NGV's
How Safe Are NGV’s?
• Standards & certifications in place
• Quality suppliers
• Established procedures
• Regulated, routine inspections of vehicles
Slide 5
• Safety problems in virtually every country that is using CNG
• Lacking traceability of conversions and/or inspections
• Illegal cylinders are routinely installed in vehicles
• Difficult if not impossible to enforce routine inspection of cylinders
• No method to restrict fueling to only certified vehicles
Slide 6
How Safe Are NGV’s?
Slide 7
Ignoring Safety Is Not An Option
Slide 8
Ignoring Safety Is Not An Option
The CNG Vehicle Safety Challenge
Slide 9
The CNG Vehicle Safety Challenge• Unsafe cylinder & improper installations have
caused:– Preventable incidents that have resulted in death,
personal injuries & property damage.
– Risk of of significant financial liabilities.
– Negative publicity for the NGV industry.
– Impeded growth of NGV’s industry.
– Weakened government support for NGV programs or if safety continues to be an issue.
• Codes and Standards exist with no means of enforcement.
• Control of the fueling of vehicles is the only practical method to ensure safety.
Slide 10
Viridis RFID System – Intelligent RefuelingPatent Pending
• Reliable & secure means of identifying certified & inspected vehicles
• Automated fueling of certified vehicles
• Verification of cylinder identification
• Secure central database of certified vehicles and installers assures traceability of all vehicle systems
• Can be retrofitted to existing CNG dispensers
• Certified for use in hazardous locations.
Slide 11
Viridis’ Solution Patent Pending
• Specific application of RFID to natural gas fueling.
• RFID tags on-board vehicles.
• Intelligent ID tags on all cylinders.
• Permanently mounted tags, destroyed if removed.
• RFID Tag data is encrypted to prevent duplication
• Prevents unauthorized cylinder swaps after RFID tag has been issued to a vehicle.
• Verifies the total cylinder capacity.
• Failsafe operation.
Slide 12
Viridis RFID System – Commercial FeaturesPatent Pending
14
Pay CNG price only
$ 0.25Per Liter with Bank Loan
$ 0.20Per Liter without Bank Loan
Pay CNG price + Loan
Repayment
Payment to
Station Owner
$ 0.05 to Bank
$ 0.20 to Station
Owner
Intelligent RefuelingPatent Pending
• Stakeholders have identified the Viridis RFID
Solution as integral to enabling growth of the NGV
industry
• Development of international safety standard for
RFID verification of alternative fuel vehicles
• 2011 Pilot Projects – 7 countries
• Patent pending
Slide 15
Slide 16
250 Shields Court, #5,
Markham (Toronto) ON,
Canada L3R 9W7
T: +1.905.918.2836 F: +1.905.918.2855