Slide 1: Investor Presentation
Slide 2: BluGlass — Presentation to Investors
BluGlass — Presentation to Investors BluGlass profile ~ Outline | People Facilities" ~~ Shareholding “Market segments — ~ «No ‘high brightness light emiting diodes “<" No.2 general lighting Technology Business model _ Value proposition Intellectual property e, & sos - Cal eee
Slide 3: BluGlass — business profile
BluGlass — business profile * A$10m (US$-8m) oversubscribed IPO i in Soptember 2008. «One of the mos? successful Aus istralian atock exchai @ JI 2008. «.-Formed:to commercialise novel technology to make gallium nitride a (GaN) epi wafers on glass substrate at low temperatures. ; : See PPM Or 5 VES O
Slide 4: Key executives
Key executives "CEO - David Jordan. Commercial in Confidence
Slide 5: Facilities
Facilities » Total facility 1260 sq meters. oe Clean rooms 256 Sq Meiers. ~-Al/Ga/iN deposition / ithography f metalisation etching) dicing / Packaging. : Commercial in Confidence
Slide 6: New Facilities
New Facilities Lf See. ae 5 a Ht o oo D | oo ft cic Ce Loge DS a 7 ee a Lo a a oe 5 ee Oo Co lo Commercial in Confidence
Slide 7: Ownership Structure
Ownership Structure . ‘Blend of shareholders — approx 160 million shares ~~ Macquarie University oo Board = Employees “Major corporate oe Small investors eee weep 1 : : se { Hig to > Foundersharehotters GUN pial Mattia Tibi jee ee
Slide 8: Market outline
Slide 9: BluGlass — Markets
BluGlass — Markets. General high brightnes Mobile . . Automotive Appliances . US 2 billion or 12 billion ‘units US 500 million or. . 2 billion units Traffic Lights US.50 million or 116 million units ‘otal GaN sales| ‘otal LED sales Signage revenue (USS bition) US 450 million or 1.4 billion units
Slide 10: BluGlass — Markets
BluGlass — Markets General Lighting market size US $ 100 = billion ( World Bank ) LED benefits over Incandescent Lighting ; # OWE VON ~ Flexible — Cal eee Commercial in Confidence
Slide 11: Technology
Slide 12: Technology
Technology RPCVD growth technique involves nitrogen nitrogen plasma source, remote from the substrate } “to avoid induced ionic damage to the film during growth. ;
Slide 13: BluGlass and Remote Plasma CVD
BluGlass and Remote Plasma CVD The Benefits of RPCVD over MOCVD « Lower growth temperatures < 700°C . e- Low. cos! e Thinner devices (0. Bum LED layer) Nau se obs arnimonia oS s<Lower material consumption Cal sees Commercial in Confidence
Slide 14: Gallium Nitride on Glass
Gallium Nitride on Glass « Electroluminescent devices have ‘now been produced at low growth - temperatures on three innovative substrate combinations: ~ Commercial GaN on'sapphire template (p-n junction LED) i “ZnO buMerlayeron glass (o-n jun ~ ZnO buffer layer on sapphire (heterojunction LED) ‘Cm A
Slide 15: 2” - 4”, 6” and beyond
2” - 4”. 6” and beyond : Presently using a third generation i in- -house RPCVD system. : : 505 43 os. Less than 2% standard deviation “achieved for-GaN and InN layer thicknesses over a 4” deposition area. . ; : . GaN grown on. «GaN deposition over 6” areahas. «4 borosilicate glass. demonstrated good
Slide 16: Crystalline Quality
Crystalline Quality « Single crystal GaN has been grown using the RPCVD process on commercial GaN- -on-sapphire.- templates by MOCVD at 650°C, -with similar crystalline quality to that -achieved by MOCVD at growth temperatures above 1000°C.-
Slide 17: p-n Junction LED
p-n Junction LED T T T T T EL Emission of p-n junction by Nakamura* st a BOF “From S, Nakamura, pg. 477, “GaN and 4 Dla a Related Materials”, 1997 Ey \ nd 40+ 4 Boke B Es i § 30+ 4 > i | Hat A = = —— hy, \ a i f Wh iL ‘ 20 b 4 Power igh § som a WN = oe 1 ° } 0 : ; i) 200... a0 40a 500 600 708 en 900
Slide 18: Heterojunction LED
Heterojunction LED pire : : ' ; ' oo vo p-contact TE | p-GaN 150 nm InGaN, 40 nm n-GaN, 300 nm n contact ZnO, 140 2m O.80ah °.. Fhe first RECVO inGan | GaN double heterojunction device on sapphire showed com int en « Similar device structure on buffered glass showed blue emission eo Sen usture grown
Slide 19: BluGlass Commercial Tool Development
BluGlass Commercial Tool Development ~s Phase 1 - development of a commercial prototype tool - with 21 x 2” wafer capacity, including Brooks Automation a wafer handling. as a «Phase 2 will bea commercial ready tool, potentially multi-- chariberso 2 Commercial in Confidence
Slide 20: Value Proposition
Slide 21: What is the BluGlass Value Proposition
What is the BluGlass Value Proposition BluGlass will offer the market place a manufacturing process which will. save.costs at the epi wafer level with potential downstream (device) cost savings. The technology offers both a low cost, cleaner, safer and more environmentally benign process. : — Cost S
Slide 22: Value Proposition - Cost of Ownership
Value Proposition - Cost of Ownership Wright Williams & Kelly — Major Customers Np model (SEMLE —~-Model | Analysis Ww Jafer les Commercial in Confidence
Slide 23: Cost of Ownership Modeled Epi-Wafer Structure
Cost of Ownership Modeled Epi-Wafer Structure “Epi GaN LED wafer structure, cost modeled by Wright Williams and Kelly” MOCVD... RPCVD n-GaN ~0.5pm ZnO ~ 140nm 3. Sym Undoped GaN ~20nm Sapphire Glass
Slide 24: Business Model
Slide 25: Key aspects of business plan — Outline
Key aspects of business plan — Outline BluGlass technology and IP GaN maierials and depasition GaN manufacturing Commercial in Confidence processes tocl technology Specialised Main strategy strategy Manufacture Provide Manufacture License Demonstration niche niche tools for manufacturing facility of
Slide 26: Key aspects of Business Plan — Thrusts
Key aspects of Business Plan — Thrusts {Develop cur. own design of deposition tool: RPCVD Combine with major tool manufacturer to design, develop, manufacture, ~ sell, distribute and provide after sales service of.a specialised BluGlass RPCVD tool. ; ; “2. License a ackaged process and ¢ 6 water pro
Slide 27: What is the BluGlass business model
What is the BluGlass business model BluGlass “ develop e eeneont over the next eighteen months to: 8) a Refine the p process and develop sealabilty in waters from 21 inc h then to 6 inch and greater, if downstream Prone. au tu Sell branded equipment to end users with a license to utilise the full pr
Slide 28: Intellectual Property
Intellectual Property Strong IP position, reviewed by Blake Dawson Waldron . Two patents lodged. One in National filing, one under PCT protection and one Provision! : BE iam Rich K oS Method and Apparatus for growing a group (iD metal nitride film and a group (Ill) metal nitride film. jee ee Commerc
Slide 29: Investor Presentation – Thank you