1. Company Presentation

3. Patent pending Inverterless DC to AC system design

4. Seasoned telecom and utility market executives from:

5. World Wide Packets

6. Itron

7. Based in Liberty Lake, WA

9. Renewables mandated needs storage – intermittency

10. Centralized model suboptimal for growth

11. Supply & demand mismatch – peaking

12. High load growth – significant opportunity29% U.S. Energy Demand Growth from 2006to 2030 2010 2020 2030

13. Supply and Demand Built to meet the Peak Available Generation (Supply) The Gap Variable Demand

14. Game Changing Complete Solution ►STORE & MANAGE energy at theEDGE of the grid Demand Shifter Inverter-less (patent-pending) Plug-n-play modular deployment Chemistry agnostic Communications & Control System Charge / discharge at the “edge” Measure (energy) & monitor (temp/health/status) Distributed AI for security, self-awareness, & auto-response Public or private network; wired or wireless Distributed Edge Mgmt System Real-time response to grid conditions or events Flexible / scalable / integrative Front office / Back office systems integration

16. Lowers entry cost

17. Enables granular load control

18. Improves efficiency of renewable generation

20. Avista Installation http://avista.raiinc.com/dc3/overviews/customers/overview2.aspx?overviewID=1

21. Inland Power Installation

23. Legislators, regulators and environmentalists want clean energy and a smart grid

25. 25% of utility market / 4,500 members of APPA / 9-mo sales cycles

26. IOUs – significant trials – small scale deployments in 2012

28. Joint programs: Enterprise + Utility + Incentives = Optimized ROI

29. Community deployment for residential solar

30. “Surgical” use case applications with modular storage flexibility

31. Direct sales force + ESCOs + Project Power Consultants► Management team includes former Itron executives who are proven leaders at scaling deployments in utility markets globally

33. Benton PUD – 5kW

34. Provo Power – 5kW

35. Lehi City Power – 5kW

37. Summit Power/Austin (community - PV)

39. Arizona Public Svc – 500kW

40. Northwestern Electric – 10kW

41. Maui Electric – 1MW (wind)

42. Seattle City Light (Sabey datacenter)

43. Salt River Project (residential PV)

44. Central Lincoln PUD (PNW DOE project)

45. Puget Sound Energy (Bainbridge Island)

47. Enable lower rate negotiation with utilities for peak shaving and time shifting renewable power

48. Life extension for data centers with power constraints

49. Target: next-gen centralized co-location facilities, Fortune 500 remote facilities, and level-3 power constrained facilities.Total (in MWs) 6.0 MW TBD Initial Orders (committed) 1 - 110kW unit 1 - 110kW unit Customers Switch / SuperNAP (Las Vegas, NV) Sabey Corp (Seattle, WA)

50. Looking Forward Challenges Utility transformation away from a “Centralized” model Smart Grid confusion and hype Securing capital during a recession environment Plans Commercialization of our Product line Focused implementations with utility early adopters Continue to educate the market on the value of distributed storage

51. Thank you For more information: brett@denetworks.com