Slide 1: Advanced Modular CHP Systems
Advanced Modular CHP Systems Oe NASDAQ: TGEN
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation included forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, and Section 21-E of the Securities Exchange Act of 1934. Such statements include declarations regarding the intent, belief, or current expectations of the Com
Slide 3: Leading Manufacturer of Clean Energy Solutions
Leading Manufacturer of Clean Energy Solutions 2000 2014 Jan 2002 2004 2006 2008 2010 2012 Thermo Sale of TECOGEN to private investor group First (and only) engine-driven CHP module to obtain full California Electric Rule 21 certification CEC awards TGEN Research Contract for development of new Micr
Slide 4: Why Tecogen?
Why Tecogen? Tecogen manufactures, sells, installs and services proprietary green energy technology. Heat, Power & Cooling that is Cheaper, Cleaner, & More Reliable. “Unregulated Utility” CHP Modules Electricity & Heat Ilios Water Heaters 2-3x Heat Efficiency TECOCHILL Cooling & Heat Emissions Contr
Slide 5: Investor Highlights: a growing company in a growing industry
Investor Highlights: a growing company in a growing industry Inflection Point for Growth Technological innovation, high ROI product offering, & increasing environmental awareness drive customer adoption and sales. Large & Underpenetrated Markets >$40B addressable market for Tecogen technologies with
Slide 6: Features InVerde: Energy Savings with the Benefit of Back-Up Power
Features InVerde: Energy Savings with the Benefit of Back-Up Power Typical payback period 2- 5 years Unique micro-grid system allowing for full operation during blackouts as well as Demand Response operation (redundancy) Remote monitoring and long term servicing Modular installation allows d
Slide 7: Features Ilios High Efficiency Water Heating
Features Ilios High Efficiency Water Heating The World’s Most Efficient Water Heater 2-3x the efficiency of a conventional boiler Displaces expensive boiler use producing both hot water and cooling capabilities while significantly reducing electric use and providing immense carbon savings Newl
Slide 8: Features TECOCHILL Cooling Powered by Natural Gas
Features TECOCHILL Cooling Powered by Natural Gas Tecogen Has No Competition – Remain the only nat. gas powered chiller available Significant savings over electric chillers – cut costs by 30-60% vs. standard electric cooling systems Installation & Operation well known – making TECOHILL an exce
Slide 9: Emission System Features
Emission System Features Proven in Tecogen, Ford, GM, Caterpillar, Generac, etc., equipment Retrofit emissions system that reduces the emission of criteria pollutants (NOx & CO) to near-zero fuel-cell equivalent levels Patent protected and insured Long-term tests and third-party verification
Slide 10: Sales and Marketing
Sales and Marketing Sales Network 8 Full Time sales managers Manufacturer Representatives & Sales Agents 40 Reps in 26 states and 11 countries Commision based Energy Service Companies (ESCOs) Large project developers Key relationships with large ESCOs (e.g. JCI, Honeywell, Siemens, Ame
Slide 11: >45% Y/Y Growth in Units Shipped
>45% Y/Y Growth in Units Shipped End Market Units Shipped* Multi-Unit Residential 21 Hospitality 12 Industrial 11 Education 8 Health Care 6 Athletic Club 3 Other** 6 *Units Shipped for the period 01/01/2015 thru 09/30/2015 compared to prior year period. **Includes office buildings, museums, and equi
Slide 12: Financial Metrics: Revenues, Margins, Growth
Financial Metrics Revenues, Margins, Growth Three revenue streams − Product sales − Long-term service contracts provide annuity-like revenue − Turnkey Installation through Tecogen service operations Targeting stable book-to-bill ratio of 1-1.5x Deliver operating leverage from lean manufacturin
Slide 13: Consistent Financial Trends
Consistent Financial Trends 40% 45% 50% 55% 60% 65% 70% 2013 Q3 2014 Q1 2014 Q3 2015 Q1 2015 Q3 Goal 2015 Q4 Goal Operating Expense as a % of Revenue Trailing 4 Quarters (%) $- $2 $4 $6 $8 $10 $12 $14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Backlog of Product and Installation Services $ Mil
Slide 14: Backlog by End Market
Backlog by End Market Other Athletic Club Office Building Industrial Education Health Care Correctional Facility Hospitality Multi-unit Residential 14
Slide 15: Q & A
Q & A NASDAQ: TGEN 15
Slide 16: Appendix
Appendix • CHP Market Drivers • Management Bios • Corporate Structure • Contacts 16
Slide 17: Other CHP Drivers
Other CHP Drivers Resiliance to Grid Failure − Aging grid infrastructure − Congested sub-stations − Storm, natural disaster vulnerability − Terrorism concerns CHP Better suited for urban environments Wind, Solar not practical Fuel cells cost prohibitive Environmental Benefits Reduces Car
Slide 18: Management Team
Management Team John Hatsopoulos, Co-Chief Executive Officer & Board Member CEO since the company‘s organization in 2000 Co-Founder of Thermo Electron Corp., which is now Fisher Scientific (NYSE:TMO) As Thermo Electron CFO, grew company from a market capitalization of ~$100 million in 1980 to
Slide 19: Board of Directors
Board of Directors Angelina Galiteva, Chairperson of the Board Chairperson of the Company since 2005 Founder and Chair of the Board for the Renewables 100 Policy Institute, a non-profit entity dedicated to the global advancement of renewable energy solutions since 2008 Chairperson at the World
Slide 20: Corporate Relationship
Corporate Relationship Manufacturer/Supplier Distributor/Customer Subsidiary of Tecogen, developed and distributes ultra-high efficiency heating products for commercial and industrial applications utilizing advanced thermodynamic principles. On-Site Utility™ offering electricity, heat, hot water and
Slide 21: Contact Information
Contact Information Company Information Tecogen Inc. 45 First Avenue Waltham, MA 02451 www.tecogen.com A Member of the Russell Microcap® Index Contact John Hatsopoulos, Co-CEO 781.622.1122 John.Hatsopoulos@tecogen.com Ariel Babcock CFA, Director of Investor Relations 781.466.6413 Ariel.Babcock@tecog