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TRCPA

07/12/05 10:25 AM

#10260 RE: Setonian #10259

1) FASC and OWR never consummated their sale, unlike Malaysia, in which the KDS is already part of the core of the renewable energy operation and running 24/7.

2)If you would have posted the full Atlantic Packaging press release, you would have noted that it was a Letter of Intent, not a sale. That KDS, however, still remains in operation at AP for demonstration purposes. And the Flakeboard KDS3000W/SDTC grant was an outgrowth of the AP LOI.
Is this comparable to a fully operating KDS at the Malaysia power plant? No.

3)UZP has a $5 million supply contract with HAL and a completed production plant in place. It is not operating 24/7 yet to my knowledge. Disappointing, yes. Comparable to Malaysia, which is already fully operating, no.

IMO,

TR