Overview. SREG has invested in companies engaged in the clean technology and renewable energy industries.

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2 Overview Standard Renewable Energy Group, LLC ( SREG ) is a private equity firm specializing in early to mid-stage equity investments in companies with significant growth potential. SREG has invested in companies engaged in the clean technology and renewable energy industries. SREG was founded in 2006 and is based in Houston, Texas.

3 SREG, LLC Management Team John White is a co-founder and currently serves as Chairman of the Board and Chief Executive Officer of SREG. Mr. White brings over 30 years of legal experience in many industry sectors. Board certified in civil trial law, Mr. White has successfully prosecuted and defended high-dollar, complex business matters, and he is a seasoned counselor to a variety of individuals and business entities, including major and independent oil companies, power generators and a diverse group of nonenergy related businesses, including alternative education and manufacturing. Mr. White s legal career includes an in-house counsel position with Texaco, Inc. and private practice in the Houston area, for the last 25 years. He founded his own firm Watt, White & Craig in 1981 and from 1992 to 2003, he was a shareholder of the firm of Winstead Sechrest & Minick, having served as the Managing Shareholder of the Houston office for eight years. Before joining SREG in 2006, Mr. White was a partner of the national firm of Jones, Walker, L.L.P., managing its Houston office. In 2003, Mr. White was appointed by the Governor of Texas as a Regent of the Texas A&M University System and was elected Chairman in Mr. White continues to be the Chairman of the Board of the Ed Rachal Foundation and a member of The University of Texas Law Alumni Association Executive Committee. Mr. White received a degree in Political Science from Texas A&M University and his law degree from the University of Texas Law School. Claire (Cordell) Henkhaus is SREG s Chief Financial Officer. Claire joined SREG in February 2007 as the Director of Business Investments and Analysis. Mrs. Henkhaus has broad business experience, serving in various capacities in a range of industry segments. Over the past twelve years she has served as Chief Financial Officer and board member of a privately held company, she has received considerable public accounting experience at Arthur Andersen LLP and Pricewaterhouse Coopers LLP, and she has attained extensive knowledge in operations and process efficiency, as well as financial analysis, marketing and human resources. She is a Certified Public Accountant and received a Masters of Business Administration from Rice University, as well as a Bachelors and Masters Degree in Accounting from Texas A&M University. Gordon Rubenstein is a co-founder of SREG and currently serves as the Vice President of Business Development. Mr. Rubenstein began his investment career at Wells Fargo Securities, a division of Wells Fargo Bank, where he served in sales, marketing, and management roles. Before co-founding SREG, Mr. Rubenstein cofounded Pacific Partners, a venture firm backed by George Soros, Sam Zell, leading technology investors, as well as partners from KKR, Silver Lake, and Freeman Spogli where he serves as a Managing Director. Currently, Mr. Rubenstein serves on the board of One Media Planet, Astro Gaming, and Rave Digital Entertainment. Mr. Rubenstein is a co-founder of Rave Digital Entertainment and the first outside investor and/or board member in Astro Gaming and One Media Planet. Mr. Rubenstein has participated at the board level and has been actively involved with Apexon, Revenue Science (formerly Digimine), Velosel (which was acquired by Tibco), Quantumshift and GetActive (acquired by Convio). Before co-founding Pacific Partners, Mr. Rubenstein was an equity partner and a member of the Investment Committee of the Optimum Investment Group ("OIG"), a Chicago private investment partnership. Mr. Rubenstein received a Bachelor of Arts from the University of Michigan.

4 Portfolio Companies

5 Galveston Bay Biodiesel, L.P. ( GBB ) Goal is to offer the highest quality biodiesel to the global market Plant is in full operation and provides the best quality biodiesel in the U.S. Galveston location is ideal for logistics (ocean freight, pipelines, rail, truck)

6 Standard Renewable Energy, L.P. Integrates solar, wind, high efficiency HVAC, insulation and energy efficient lighting RE 3 concept: Review: Current energy use with energy audits and energy monitoring Reduce: With energy efficient products (HVAC, spray foam insulation, solar screens, etc.) Renew: Provide renewable energy such as solar and on-site wind

7 Trulite, Inc. Provides portable and semi-portable clean power generation in the 20 watt to 2 kilowatt range using a hybrid approach (fuel cells, batteries, solar) Integrated fuel cell systems including a safe and reliable fuel source Significant pent-up demand in markets such as telecommunications, emergency responders, military, recreation, construction, remote monitoring, others

8 Verdient Technologies LLC Uses patented technologies to develop, design, manufacture/source, market and sell ultra high efficiency unitary air conditioning products to residential, light commercial (e.g., retail stores, restaurants, apartments, etc.), and truck markets The ultra high efficiency air conditioners are approximately 25% more efficient than comparable products offered by manufacturers using conventional technology and will typically provide a payback to the user of less than one year. Verdient can also provide air conditioners with load shifting capability to reduce peak demand load, a major issue for utilities.

9 Industry Update

10 Clean Tech and Renewable Energy Industry Segments The CleanTech Network has categorized the Clean Tech industry into the following 11 segments (SREG companies provide solutions in 5 of these segments): 1. Agriculture Natural pesticides and herbicides, land management, technologies that support organic food and aquaculture (GBB) 2. Air & Environment Cleanup/safety, emission control, monitoring/compliance, trading & offsets 3. Energy Efficiency Lighting, building materials, glass, other (SRE3, Verdient) 4. Energy Generation Wind, solar, hydro/marine, biofuels, geothermal (GBB, SRE3) 5. Energy Infrastructure Management, transmission 6. Energy Storage Fuel cells, advanced batteries, hybrid systems (Trulite, Verdient) 7. Manufacturing/Industrial Advanced packaging, monitoring & control, smart production 8. Materials Nano, bio, chemical & other materials with clean tech applications 9. Recycling & Waste Recycling, waste treatment 10. Transportation Vehicles, logistics, structures, fuels (Verdient, Trulite) 11. Water & Wastewater Water treatment, water conservation, wastewater treatment

11 Proposed President-Elect Obama Initiatives Reduction of carbon emissions Cap and trade program Require 10% of electricity be derived from renewable sources $150 billion for R&D Increase fuel mileage standards by 4% per year 60 billion gallons of advanced biofuels by 2030 Develop zero-carbon coal generating facilities Cautious on nuclear power generation Electric transmission Improvements in the grid and grid modernization ( Smart Grid ) Smart metering Distributed storage Energy trading and markets Increase regulation of energy trading

12 Proposed President-Elect Obama Initiatives Efficiency and conservation initiatives Reduce electricity demand by 15% by 2020 Improve building efficiency Review appliance efficiency standards Incentives for utilities to support efficiency increases Oil / Natural Gas Production More offshore drilling (coupled with legislation on renewable energy production) Domestically produce (oil or biofuels) or reduce demand equal to amount currently imported from Middle East and Venezuela Release supplies from Strategic Petroleum Reserve and replace with heavier crude Windfall tax on profits of oil companies

13 Emergency Economic Stabilization Act of 2008 Provisions that Impact SREG Portfolio Companies Section A. I. Renewable Energy Incentives Long-term Extension of Energy Credit Extends 30% ITC for fuel cells through 2016 and increases cap to $1,500 per half kilowatt of capacity Adds small commercial wind as a qualified investment New 10% ITC for geothermal heat pumps Long-term Extension of the Residential Energy-Efficiency Property Credit Extends the 30% ITC for residential solar property through 2016 Removes the $2,000 credit cap for residential solar electric investments Adds residential small wind investment with a cap of $4,000 as a qualified investment Adds geothermal heat pumps capped at $2,000 as a qualified investment

14 Emergency Economic Stabilization Act of 2008 Section A. III. Transportation and Domestic Fuel Security Incentives for Idling Reduction Units Provides an exemption from heavy vehicle excise tax for the cost of idling reduction units designed to eliminate the need for engine idling (e.g., to provide heating, air conditioning or electricity) Extension of Biodiesel Production Tax Credit Extends the $1.00 per gallon production tax credit for biodiesel Biodiesel imported and sold for export is not eligible for credit effective May 15, 2008 Section A. IV. Energy Conservation and Efficiency Extension of Energy-Efficient Buildings Deduction Extends deduction for cost of energy-efficient property installed in commercial buildings up to $1.80 per square foot for a 50% energy savings through 2013 Savings must be achieved through energy and power cost reductions for heating, cooling, ventilation, hot water and lighting Extension of Credit for Energy Efficient Improvements to New Homes Extends credit for construction of energy efficient new homes that achieve a 30% reduction ($1,000 credit) or a 50% reduction ($2,000 credit) in heating and cooling energy consumption. Credit extended through 2009.

15 Endnotes All performance information contained herein is as of December 31, 2007 (except as otherwise indicated) and is unaudited. Except as otherwise explicitly noted, all performance information contained herein is on a gross basis before giving effect to management fees and other expenses, the application of which would reduce such prior performance. An investment in SREG does not represent an interest in any indicated investment or in any related or other investment fund, including other investment funds managed by SREG. All investments involve risk including the loss of principal.

16 Disclaimer The information provided in these materials contain forward-looking information that is not purely historical in nature. Such information may include, among other things, projections, forecasts or estimates of cashflows, yields or returns, scenario analyses and proposed or expected portfolio composition, and involves significant elements of subjective judgment and analysis. The forward-looking information contained herein is based upon certain assumptions about future events or conditions and is intended only to illustrate hypothetical results under those assumptions (not all of which will be specified herein). Actual events or conditions are unlikely to be consistent with, and may differ materially from, those assumed. In addition, not all relevant events or conditions may have been considered in developing such assumptions. Accordingly, actual results will vary and the variations may be material. Investors should understand such assumptions and evaluate whether they are appropriate for their purposes. No representations are made as to the accuracy of such estimates or projections or that such projections will be realized. Prospective investors are cautioned not to rely on the prior performance information set forth herein in making a decision whether or not to purchase an interest. The prior performance information contained herein has not been audited or verified by any independent party and is not necessarily representative of the returns that may be received by an investor in the fund. Certain factors exist that may affect comparability including, among others, the deduction of fees as well as other factors as noted with such information. Except as otherwise explicitly noted, all information contained herein describing prior performance is on a gross basis before giving effect to management fees and other expenses, the application of which would reduce such rates of return. Investors may suffer the loss of their entire investment. The information provided in these materials is illustrative and no assurance is given that any indicated returns, performance or results will be achieved. The information contained herein is confidential information. By accepting this information, the recipient agrees that it will, and it will cause its directors, partners, officers, employees and representatives, to use the information only to consider monitor its investment interest in the appropriate fund of SREG and for no other purpose and will not divulge any such information to any other party. Any reproduction of this information, in whole or in part, without specific prior consent of SREG is prohibited. THESE MATERIALS DO NOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ISSUES RELATED TO AN INVESTMENT IN ANY PROPOSED TRANSACTIONS DESCRIBED HEREIN. PRIOR TO ENTERING TO ANY SUCH TRANSACTIONS, POTENTIAL INVESTORS SHOULD ENSURE THAT THEY FULLY UNDERSTAND THE TERMS OF THAT PROPOSED TRANSACTION AND ANY APPLICABLE RISKS, SOME, BUT NOT ALL, OF WHICH ARE DESCRIBED IN MORE DETAIL BELOW, AND IN THE OFFERING DOCUMENTS.

17 Disclaimer (continued) The information set forth in these materials is provided for informational and discussion purposes only and is not intended to be, and shall not be regarded or construed as a recommendation for a transaction or investment, financial or other advice of any kind or constitutes or imply any commitment whatsoever, including without limitation an offer to purchase, sell or hold any security investment, loan or other financial product or to enter into or arrange any type of transaction. These materials are not intended as an offer to sell, or the solicitation of an offer to purchase, any security. None of SREG, its affiliates or predecessors (collectively SREG ), makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein shall be relied upon as a promise or representation whether as to the past or future performance. SREG disclaims any and all liability relating to this information, including, without limitation, any express or implied representation or warranty for statements contained in and omissions from any information set forth in these materials. SREG does not have or undertake any obligation to update or keep current the information contained herein. These materials contain a summary of certain proposed terms of a hypothetical offering of securities as currently contemplated and do not purport to be a complete description of all material terms or of the terms of an offering that may be finally consummated. Any offering will be made only by means of a private placement memorandum or other appropriate materials (the Offering Documents ) that will contain detailed information about any investment to be offered; no sales will be made, and no commitments to enter into investments will be accepted, and no money is being solicited or will be accepted, until the Offering Documents are made available to prospective investors. Any indications of interest from prospective investors in response to the information provided in these materials involves no obligation or commitment of any kind. Any investment decisions should be based only on the data in the Offering Documents. Potential investors will also be given the opportunity to review the actual documentation that will govern the rights and obligations of the parties and will be afforded the opportunity to ask questions and/or receive certain additional information from SREG and should only make decisions based upon such actual documentation. The proposed transactions described in this document are subject to change and would not be appropriate for all investors and involve important legal, operational and tax consequences and investment risks (including, in some cases, volatility, currency and credit risk, illiquidity and/or loss of principal), each of which should be independently assessed by investors with their professional advisors prior to transacting. The securities described herein have not been recommended by any United States Federal or state securities commission or regulatory authority. The foregoing authorities have not confirmed the accuracy or determined the adequacy of this document. Any representation to the contrary is a criminal offense.

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