ESTABLISHING AN ADVANCED TECHNOLOGY CLUSTER IN EMERGING ECONOMIES

MOVING INTO THE HIGH-TECH ERA

Presented to : ATIC

MARCH 2012

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CONFIDENTIAL AND PROPRIETARY INFORMATION

This document is confidential. No part of this document may be disclosed, reproduced, stored-in or introduced into a retrieval system, or transmitted, in any form or by any means, without the prior written permission of Global Technology Holdings GmbH.

No information contained in this document can be used for any purpose other than the

evaluation of this business opportunity. By accepting this document you agree to the
forgoing conditions with respect to its confidentiality and its restricted use.

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THE CONTEXT
THE UNDERLYING SCENARIO
Emerging economies suffer from a widening digital gap

Governments interested and able to bridge the gap High quality human capital but knowledge and skills in advanced technology insufficient

Country looking to stimulate the economy and fuel job creation

A strong academic nucleus willing to participate, develop and evolve

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THE CONTEXT
ISSUES TO ADDRESS IN ORDER TO BRIDGE THE GAP
The need for strategic technology infrastructure

A requirement for sustainable government incentives and policies

Improving a reluctant atmosphere in the private business community

Insufficient human capital skills and high-tech knowledge

No coherent and stable science and technology approach

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TO DEVELOP A TECHNOLOGY INTENSIVE INDUSTRIAL CLUSTER

By initially:
Building and establishing an advanced technology knowledge center connected to local industry and educational institutions Establishing a state-of-the-art high-tech manufacturing facility capable of delivering a viable product in a short period of time

THE GOAL

And thereafter:
Establishing further manufacturing facilities in the same sector around the nucleus of the existing knowledge center competencies

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TO DEVELOP A TECHNOLOGY INTENSIVE INDUSTRY CLUSTER

[CONTINUED]

THE GOAL

To achieve this it is required to:

Enhance the influence of the knowledge center by improving technology and knowledge transfer capabilities

This will result in:

A direct contribution to economic growth by developing a knowledge based economic sector that will influence its GDP and boost export Creating jobs: thousands of direct and tens of thousands indirect jobs over a ten-year period Successfully compete with other emerging economies in attracting Foreign Direct Investment in the first 4-5 years
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OUR VALUE PROPOSITION

ENTERING THE HIGH-TECH ERA BY ESTABLISHING AN ADVANCED TECHNOLOGY SECTOR

Creation of a new technology-intensive economic sector to launch country into high-tech era
Manufacturing Facility
Products based upon a cutting-edge, proven, high valueadded technology

Knowledge Center
Support manufacturing facility (training, technology development) Knowledge transfer

Supporting Environment
Integration of government, industry and academia Supportive regulatory framework and infrastructure

Short time to market

Fast profitability

R&D
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Comprehensive Solution for Launching the country into the Technology Era

OUR CONCEPT
Close relations between Knowledge Center and university

Government

Comprehensive and coherent policy on science/technology education & fiscal incentives Investment by banks, entrepreneurs, industrialists, governments etc.

Manufacturing Facility

FDI attraction can lead to a JV manufacturing facility in ~36-48 months

Knowledge Center
Foreign Direct Investment

Parallel deployment of Knowledge Center and Manufacturing Facility and coordination between them

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KNOWLEDGE CENTER & MANUFACTURING FACILITY SERVE AS CORE FOR FUTURE INDUSTRY DEVELOPMENT

OUR CONCEPT

Externally-Driven Development

JV
FDI
(Foreign Direct Investment)

JV
SO SO SO

JV
(Joint Venture)

SO

MF
(Manufacturing Facility)

TD / DC
(Technology Development / Design Center)

SO
(Spillover)

Development of new technologies and applications will lead to establishment of numerous local commercial initiatives

Knowledge Center

Internally-Driven Development
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THE RESULT

LAUNCHING THE COUNTRY INTO THE HIGH-TECH ERA

Quality foreign investment, knowledge transfer and absorption

Production facility and knowledge center establishment, technology cluster creation

Spill-over of manufacturing facilities broadening the technology cluster

Increase in Economic Diversification

Initiation
Project initiation, feasibility, business plans, fundraising and erection phase

Fifth Year
Growing opportunities for a professional technologically-skilled workforce (bringing the local work-force back home)
Hundreds of direct jobs created for

Tenth Year
High-Tech industry becomes a major GDP contributor
Thousands of direct jobs created for

technology-skilled personnel 5-7 multiplier on indirect jobs created Mostly staffed by local work-force
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technology-skilled personnel Tens of thousands indirect jobs created Mostly staffed by local work-force

BENEFITS OF OUR OFFERING

SIGNIFICANT ECONOMIC STIMULATION FROM NEW TECHNOLOGY SECTOR
Economic Growth
National economic growth through development of a knowledge-based economic sector that will significantly influence GDP

Economic Diversification
Human Capital Upgrade

Generating diversification of national economy through long-term growth in an advanced technology sector
Significantly upgrading human capital to a highly skilled work0force familiar with technology-based businesses Creating thousands of technology-skilled jobs and tens of thousands of indirect jobs over 10 years Successfully competing with other economies in attracting top-level foreign direct investment during the first 3-4 years
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Creation of Skilled Jobs

FDI Attraction
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UNIQUENESS OF OUR OFFERING

COMPREHENSIVE, INTEGRATED, END-TO-END SOLUTION
Strategic Consulting
Offering
Abstract ideas in presentation or report

Technology Providers
Technical product

Our Offering
Creation of a new high-tech cluster

Participation
Implementation Sustainability

Conceptual /high level only

Difficult to implement Client is responsible Difficult to achieve

Product delivery only

Client is responsible Difficult to achieve

End-to-end: from concept to operation

Shared responsibility
Ensured by creating supporting environment

Stakeholders
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Not involved

Not involved

Completely integrated

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END-TO-END MODULAR SOLUTION

FROM EVALUATION TO EXECUTION
Step 1
Evaluation

Step 2
Study

Step 3
Fundraising

Step 4
Execution

Accompaniment and guidance throughout the entire length of the process, from concept up to independent execution (5 to 10 years) Comprehensive management of all aspects of the process: research, proposals, evaluations, modeling, fundraising, stakeholder integration, implementation, construction, operations Certain steps in the process are modular and can performed with or without GTH, depending on the needs of the country

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END-TO-END MODULAR SOLUTION

DETAILED DESCRIPTION OF OUR METHOD
Step 1
Evaluation
1. Initial 2-3 Day

Step 2
Study
Feasibility study Technology

Step 3
Fundraising
Raising funds

Step 4
Execution
Parallel

assessment meeting

Activities

2. Pre-Study Government Industry Academia

evaluation Financial models Technology providers assessment Business model development Market evaluation Detailed plans 6-8 months

from a variety of construction of local and foreign Manufacturing sources: Facility and - Investment Knowledge Center banking Project - Local businesses management - World Bank, EU, Full etc. implementation Sufficient funds for implementation 8-12 months Manufacturing Facility, Knowledge Center 12-24 months

Key Delivery Timeframe

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Preliminary proposal 2-3 months

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Case Study A Project by GTH: Launching a High-Tech Industry

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Case Study

EVALUATION - AN EXAMPLE OVERVIEW OF MARKET & LOCAL CONTEXT

Institutions Findings
Level of science &

Conclusion
Knowledge Center and delivery of upskills - technology courses required Existence of potential investment partners

Academia

University College of

Engineering University Dept. of Physics Institute of Technology

technology education needs to be upgraded substantially

Willing to invest in

Finance 4
Financial House

Investment House

national development Interest in the development of hightech industry

Companies are

Industry 5
Aluminum industry Telecommunications company

technology intensive Yet both lack R&D capabilities

Committed to

Knowledge Center and delivery of upskills - technology courses required

Conditions exist for development of regulatory framework

Government
5

Economic Development Board

International Investment Park

Ministry of Industry and

Commerce
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economic diversification Aware of importance of high-tech

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Case Study

THE MANUFACTURING FACILITY IMPLEMENTING A STATE-OF-THE-ART SOLAR CELL FACILITY

Solar PV Manufacturing Facility
(for illustrative purposes only)

Purpose: Production of solar PV cells and

modules
Transforms silicon wafers into solar

cells, thereafter assembled into modules

Specs: Capacity: 120MW Fab with clean room Personnel: 225 Direct 55 G&A, S&M, R&D
High-standard solar poly-Si PV manufacturing facility High quality, economically viable products Fully operational within a 24 month period Results in line with the industrys best

Fundamentals of excellence

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Funding Requirements
Description
Manufacturing Facility CAPEX
USD Millions

Source
Equity

USD Millions

172.7

100.00

Knowledge Center CAPEX

Pre-Ops & Financial EXP including Working Capital TOTAL

9.5
17.8 200.00

Long Term Debt

100.00

TOTAL

200.00

IRR to investors : 29.6% (based on Dividend Discount Method Exist Value)

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Case Study

THE KNOWLEDGE CENTER PROVIDING KNOWLEDGE AND SKILLS FOR ONGOING INNOVATION
Advanced Technology Knowledge Center
(for illustrative purposes only)
Purpose:
Provide the basis for knowledge transfer,

human capital skills development and MF support Independent technology development (TD) and development of future technologies

Specs:
Building Size:

Lab and Clean Room

3,770 m2 850 m2 KC class 10K clean-room PV R&D tools and a go-in room for dressing and accessing the clean area. 400 m2 labs for metrology and sampling tools A building support area of 800 m2 400 m2 facilities 100 m2 logistics 300 m2 general support

Other:
Includes an auditorium, 2 classrooms,

offices & parking Located near manufacturing facility Maintains close relations with the involved university 19
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Knowledge Center
Education Production Technologies R&D

Research Training

Manuf. Training

Managerial Training

Pilot Technology

Prod. Development

Specify the Areas

Identify the Partners

Build a Pipeline of Talented Workforce

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KC Will Expand Beyond Solar Industry

KC Future Development

Capability & Scope Level

PV Pilot Line

Advanced Energy Storage Solutions

Nano Sensor/ MEMS development

LED & Next Generation Semi Conductors

Alternative Energy Solutions

Immediate
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Future
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Enabling Technology Capabilities for Commercialization

Based on proposed toolset capabilities

Alternative Energy Sources/Efficiency

Advance Energy Storage, Fuel Cells, Advanced Material Research for PV , Efficient lighting Systems Poly-Si Wafer Mfg, Building Integrated Systems

Medical / Health
Bio Chip Development, DNA Sequencing Imaging/diagnosis technologies , Embedded Sensors,

Sensors
Advanced nano-structured sensors, RFID, Manufacturing Innovation

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Enabling Technology Capabilities for Commercialization (cont.)

Based on proposed toolset capabilities

High Tech Equipment

Submicron Mfg innovation, Fast throughput time optimization Robotics, Metrology/SEM/TEM capabilities

Computing / Embedded Products

Communication Devices, RF & Wireless Basic CMOS research, (requires basic clean room capability <0.25um Transistor scaling

Advanced Displays
Flexible displays, Electronic Ink LCD, MEMS

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Case Study

A SOUND INVESTMENT
THE CONTRIBUTION
To the Country
Export revenues of $280 Million p.a. to the GDP of the Country, with a ripple effect on other industries creating additional revenues
Creation of ~300 direct jobs and many multiples thereof in indirect and support industries and services The up-skilling and training of local labor for high-tech industries

Knowledge creation in and knowledge transfer to the country

IP development for existing and new industries

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A COMPANY PROFILE

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A COMPANY PROFILE
ABOUT
GTH is a Swiss-based multinational corporation that specializes in initiating and managing national development projects. The companys management has a proven record in identifying technologies and financial sources to stimulate the growth of emerging economies around the world.

Stimulating national growth

Attracting talented experts

GTHs management team comprises leading professionals with rich expertise in industrial, technology, economic and financial fields. These experts are also connected to wider circles of specialists in a range of niche disciplines.

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A COMPANY PROFILE
OUR PROFILE
GTH specializes in helping emerging economies to undertake ambitious large-scale and complex technology projects. The company is involved at every critical stage, from defining the launch concept to recruiting finance and supervising construction.

GTHs strengths lie in its multi-talented team of experts, who bring a high degree of analytics and professional insight into every project. This process is especially apparent when the road ahead is unclear and inventiveness is required to cross technological, commercial, geo-political and cultural boundaries along the way to a viable and sustainable solution.

Over many years, GTHs management has undertaken numerous projects involving technology development, technology transfer and project financing. It has assisted corporations, regional development bodies, government agencies and investment consortia in many countries.
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A COMPANY PROFILE
OUR GOALS

Take responsibility for improving performance and productivity

Provide solutions using best of breed technologies and experts.

Know our clients and their business needs

Apply proven methods and practices to the project

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Leverage technology expertise to match resources and business needs

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A COMPANY PROFILE
PRINCIPLE ACTIVITIES

Identification and definition of technology project opportunities

Project feasibility assessments

Business plan, financial modeling and structuring

Project management

Technology transfer

Project integration

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A COMPANY PROFILE
BUSINESS SECTOR FOCUS
Clean-tech Alternative energy solutions (solar cells and panels, photovoltaic technology, other alternative technologies) Water technology (desalinization, waste water treatment, water security, compact water containers)

High-tech Other sectors

Communication technology Life science technology Agro technology Construction and engineering Semiconductor technology (semiconductors, fabless manufacturing, nanotechnology and silicon intellectual property) Information technology (enterprise software, data management, computer networking, management information systems)
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A COMPANY PROFILE
SENIOR MANAGEMENT
Ben Hare MBA CEO
Over 30 years experience in various technology companies.
Founder and CEO of Interlogic, Inc. - U.S based software development company sold to Konami Industry Co. Ltd. of Tokyo, Japan. CEO of Konami Group (USA and Europe). Consultant to Fujitsu, Nippon Electric Company (NEC) and Kyocera-Taito Japan. Technology management consultant and VC activities in US and Europe.

Claudio Nutkiewicz,MA

Keyvan Esfarjani

Simon Belik M.Sc CFO

8 years in executive management, including as managing director of the energy division of an international AIM-listed group of companies 16 years of experience in energy, infrastructure and technology projects 15 years of project development, project management and operations in a large multiproject organization More than 10 years experience in project structuring, financing and corporate finance, M&As, international contracts, risk management, due diligence, corporate strategy and business development

Senior VP Technology Projects

Over 15 years experience in various aspects of semiconductor industry, including 7 years with Intel and 4 years with TSL Semiconductors (USA) Vast experience in foundation and establishment of semiconductor manufacturing facilities Consultation for high-tech center developments for governments of Mexico, Argentina, South Africa and Vietnam NPI & Pilots Management in companies like NXP (Phillips) ChipPAC and ST Micro

M.Sc
Executive Advisor
Over 20 years of leadership in technology development and world class manufacturing
Track record of 15 years with Intel, recently the Director for Intel's technology development and manufacturing Leads an organization of over 1200 Intel employee and oversees both the R&D and a world class factory operation with over $500M in annual spending budget Advisor in Integrated Circuit manufacturing and advanced technology development in clean tech to entrepreneurs and investment firms

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A COMPANY PROFILE
SENIOR MANAGEMENT
Bernard Gui, MA, Chief Technology Officer

Josef Sar, , MBA VP Business Development

Jenny Derfler, Key Executive Advisor

24 years management and technological experience in technology transfer, technology development and the development of manufacturing sites Special focus on thin film yield, quality optimization and efficient manufacturing processes. Extensive consulting work for leading semiconductor manufacturers in Singapore, Taiwan and Malaysia
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Corporate lawyer with experience in VC and M&A transactions As a McKinsey & Company consultant, was involved in the chemical, steel, consumer goods and telecommunications industries, improving client performance
Consulted to companies in the telecom and energy business, with emphasis on shaping their strategy

Over 20 Years experience with Intel Corporation Numonyx Senior Manager and executive director.

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A COMPANY PROFILE
CONSULTANTS TO OUR PV PROJECTS

Ms. Lisa Frantzis Managing Director, Energy Division, Navigant Consulting, Inc. Graham Stevens Associate Director, Energy Division, Navigant Consulting, Inc. Alex Payne Director Semiconductors Navigant Consulting, Inc. Andrew Kinross Director Photovoltaic Navigant Consulting, Inc.

Shannon Graham Associate Director Photovoltaic Navigant Consulting, Inc.

Mr. Jalel Hamila Solar Division of Applied Materials Mr. Kedar Munipella Solar Division of Applied Materials

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Mr. Mathias Kubler M+W Group

Mr. Stefano Breda Oerlikon Solar Mr. Felix Gafner 3S Solar Industries
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A COMPANY PROFILE
PROJECTS EXECUTED WITH OUR EXECUTIVES (I)

Foundation and establishment new 200 mm semiconductor manufacturing facility, Intel Foundation and establishment new 150 mm semiconductor manufacturing facility, Intel Foundation and establishment new 300 mm semiconductor manufacturing facilities, Intel Foundation and establishment new 200 mm semiconductor manufacturing facility, Tower Semiconductor

of

Hi-Tech Industry

Semiconductor

of

of

of

Silicon Border Project, Baja California , Mexico High-tech industrial park, Province of Neuqun, and the Federal Investment Center of Argentina High-tech industrial development, TEIC , Vietnam Semiconductor Design Center Project in Ho Chi Min City High-tech development project, Ciudad Autonoma de Buenos Aires, Argentina - consultant and project management for Buenos Aires municipality

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A COMPANY PROFILE
PROJECTS EXECUTED WITH OUR EXECUTIVES (II)

NPI and Pilots

NXP (Phillips) Kao Hesiung , Taiwan ChipPAC , Singapore ST Micro, Singapore ST Micro, Muar, Malaysia

Design ,supply, construction and test of a 1.3 billion Nm3 compression station for flare gas recovery, Russia EPC contract for a gas preparation and compression plant with a capacity 20 billion Nm3/y, Turkmenistan Turnkey contract for the design and supply of a booster compression station, Uzbekistan

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Energy

- Thank You Global Technology Holdings GmbH

Engelbergerstrasse 41
Engelberg 6390

Switzerland
Phone: +41.43.500.1006 Facsimile: +41.43.430.2381

info@gth-gmbh.com

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