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Business Activity

#902, 1176-67, Venturemaru, Ido 2-dong, Jeju-si, Jeju-do, Korea

Tel. +82(0)64-712-2663~4, Fax. +82(0)64-712-2665

www.nnt-sys.com

Introduction by Animation

Mackerel Culture

NNT SYSTEMS., LTD.

COMPANY OVERVIEW

1. COMPANY NAME : NNT-SYSTEMS, LTD.

2. PRESIDENT : YOUN-KIL LEE

3. ADRESS : #902, 1176-67, Venturemaru, Ido 2-dong, Jeju-si,

Jeju-do, South Korea

4. INSTITUTION : April. 18. 2005

5. BUSINESS SCOPE : MANUFACTURE OF FACILITIES FOR FISHERIES

WHOLESALE BUSINESS FOR MARINE PRODUCT

WATER TREATMENT & SYSTEM DESIGN

OZONE TREATMENT & OXYGEN PRODUCTION SYSTEM

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HISTORY(ACTIVITY)

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2010~2011년’2008~2009’2005~2007’

2005 YearApr. InstitutionJun. The first installation offshore cage in ASIAAug. Sea Station; Exclusive right In Asia(except Japan)

2006 Year06월 The first success Sea Station-5400 installation in the World.Sep. Symposium Korea & USA for

offshore farming

2007YearAug. Installed SeaStation at

Geomundo x 4units Extensible mooring systems(Gris system)

Oct. Changed company name to NNT-SYSTEMS., LTD

Dec. R&D with Gov. for BluefinTunaSeed production project

2008YearNov. R&BD Project by Korea

Technology Transfer Center(Remote monitoring & Feeding systems)

Dec. . Installed SeaStation-6800x 2units at Jeju

2009YearMar. Certificated Venture BusinessApr. Attached R&DSep. Product offshore cage at

local (Korea)(TLA, China & Southeast Asia )

Oct. The world’s first stuck bluefin Tuna in submerged Offshore cage

2010YearJan. Patented for under water monitoring systemMar. Patented for Offshore fixed auto feed systemApr. Contract 3 x offshore cage in Geomun-do siteNov. Patent; Feed system,

Cleaning system by Ozone

2011YearFeb. Contract for Oxygen generation and dissolving systemMar. Patented for Gas dissolving systemJul. Patented for Cleaning system for inland culturing Oct. Installation SeaStation for Bluefin TunaDec. Success water treatment for Bluefin Tuna land basin

SCOPE OF BUSINESS

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NNT SYSTEMS., LTD.

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WHY OFFSHORE AQUACULTURE?

[Relative contribution of aquaculture & Fishing for food fish consumption]

▶ Depleting fishery resource due to over catching▶ Declare EEZ(Exclusive Economic Zone)▶ Decrease fishery(catching)▶ Needs eco-friendly & safe food※ FDA reported that 50 million tons by 2030 is needed.

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INLAND INSHORE

OFFSHORE

On shoreCulture

Advantages

The safety of hurricanes and red tide

High survival rates Species can be selected

freely Mass production Environmental Safety

•Vulnerable to red tides and hurricanes

•Inshore Polluters•Low survival rates•Pathogenic vulnerable

•Offshore polluters•Low survival rates•Pathogenic vulnerable•Applicable limits of species

InshoreCulture

CLASSIFICATION

PERFORMANCE

7

.

Business record Domestic production offshore cages

TECHNOLOGY(offshore cage)

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Safety (strong tides and hurricanes)

Convenience (feeding and harvesting)

Simple maintenance (to minimize diver work)

Advanced design (sufficient verification period)

TECHNOLOGY(Auto feed & Control system)

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(Patented : 10-0940000)

TECHNOLOGY(Monitoring & RF system)

VIDEO CODEC VIDEO CODEC

Offshore Cage

Underwater Camera

AutoFeed system

Monitoring

RF Communication

RF Communication

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Feeding and monitoring (using wind power infrastructure)

`

Feed line

Mooring Anchor

< Floor Plans >

~2000mPower generation

Fish production

Tourism & other industries

<Offshore underwater cage>

Marine maximize space utilization

Cages of 15 operations (based on wind power facilities one each)

OCEAN SPACE UTILIZATION TECHNOLOGY

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Support

Feed storage & feeding facilities &

Monitoring

10m

24m

10m

20~35m

<Section>

(Foundation)Jacket or Monopile

Feed & monitoring Line

Float

~1000m

1. Offshore cages installed 15 sets (per wind turbine infrastructure)2. Increased efficiency of fish growth: feeding at any time3. Composition: pressurized pump, feed storage, feeding, wireless

or wired communication systems, remote operation and monitoring systems (underwater camera)

Wind Turbines

OFFSHORE WIND TURBINES & OFFSHORE AQUACULTURE

Offshore cage

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JEJU ISLAND OFFSHORE WIND FARM

Feed storage &Feeding system

Offshore cage

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BIRD’S-EYE VIEW

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THE TYPE OF INFRASTRUCTURE

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PLATFORM

풍력발전 TOWER(POLE)

Global ISSUE (maritime space utilization)

• Multi-functional space inside the tower when authenticating using offshore wind farms can be competitive differentiation.

• Utilization substantial maritime space(Aquaculture)

• Establish a new industrial model

• The world's first multi-functional infrastructure of the wind

• Have advanced technology and preemptive

• Tourism model can be Establish

• Inside the tower, use of space ; Aquarium features and functionality berth (Tourist model)

Export model (the world's first multi-function)

Wind tower utilizing the internal space

TOWER, THE WORLD's FIRST FUNCTIONAL COMPOSITION

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해상풍력과 관광 연계 조감도(3)

1717

Offshore wind turbine

Boat Landing

Observatory

Bungee jumping

Upper deck

Aquarium

Aquaculture(Offshore cage)

BIRD's-EYE VIEW

OXYGEN PRODUCTION &GAS DISSOLVING SYSTEM

After cooler

#1 Receiver tank

Ref’ Dryer

Air compressor

Filter

#2Receiver tank

OxygenReceiver tank

Absolution dryer

Oxygengenerator

Pump

Dissolvingsystem

Water lineOxygen

Flow meter

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OXYGEN FACILITIES & DISSOLVING SYSTEM

OXYGEN GENERATOR

GAS DISSOLVING SYSTEM

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WATER TREATMENT(OZONE SYSTEM)

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OZONE(水) TREATMENT FACILITIES

(NFRDI ; BLUEFIN TUNA TANK)

OZONE TREATMENT

NEW BUSINESS

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NEW BUSINESS PLAN

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종묘생산Production of nursery products

친어관리Brood stock management

BLUEFIN TUNA양식

Cultivating

중간육성Intermediary

nursing

NEW BUSINESS(Bluefin Tuna Cultivating)

Brood stockmanagement

Spawning and Hatching

Production ofnursery products

Intermediary nursing

Cultivating1. Inland2. Offshore

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Total Process

Brood stockmanagement

Putting in and accommodation of nursery productsBreeding environment

Identifying object number/weight Breeding in the

water tank on the ground

Production ofnursery products

Fostering breeding environment Supplying feed Selection

• Feed (cultivation of initial feed organisms)-.Chlorella-.Rotifer-.Artemia

Securing brood stock Building breeding

facilities Breeding

management

Brood stock-. Naturally

produced: captured objects-. Nursery:

production of nursery products

Spawning and egg collecting Hatching

In principle, natural spawning

On the ground: selection/feed

/disease/shipping managements

Inclosing net: installation /putting-in of breeding fish / feed /management /shipping

CultivatingIntermediarynursing

Spawning and Hatching

PROCEDURES BLUEFIN TUNA CULTIVATING

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HATCHERY BUILDING

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TIME(Future strategic industrial; Bluefin Tuna)

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TIME(Future strategic industrial; Bluefin Tuna)

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BULEFIN TUNA (Cleaning & Packing)

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BULEFIN TUNA(Auction)

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BULEFIN TUNA(Declining catches)

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NEW BUSINESS(RAS)

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High density production requires strict control over water replacement rates and oxygen levels particularly where oxygen demand varies significantly and suddenly according to fish behaviour and metabolic rate

At a stocking density of 75kg/m3 the individual tank biomass at harvest is 60tonnes

NEW BUSINESS(RAS)

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OFFSHORE AQUACULTURE

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OFFSHORE AQUACULTURE

Kampachi (Yellowtail / Amberjack)

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OFFSHORE AQUACULTURE(Hawaii_500ton/year)

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OFFSHORE CAGE(SeaStation)

CobiaOffshore cage

Production : 500 ton/year

( ) Ltd.

Management

Planning, Production

Distribution Company

FinancingProcessing & Distribution

Management

Secure juvenileBluefin tuna nurseries

Fishing and supply

37

BUSINESS FLOW

Bluefin Aquaculture

2. Fry feed

3. Payment

1. Operational funding

5. Payment

4. Shipment (Distribution)

38

STATUS : BLUEFIN TUNA AQACULTURE

• Complete calture for the five years plan (Budget 30 billion Won ; NFRDI)1) 1-2 year(2010~2011년) Re. Hatchery Study & Practice2) Brood stock Secure

• Organize capture juvenile center : 2 place1) Geomun-do SITE--- NFRDI2) Jeju(Chuja)-do SITE --- NFRDI

• Approved Tuna aquaculture by Jeolla Province1) Agency : Namhae Tuna culture Association Corporation 2) Location : Geomun-do, Seodori line3) Size : 20ha (400m x 500m)4) Q/T of Offshore submerged cages : 3units(6800㎥ x 3sets)

• 2010year, Approved Jeju-do x 2place1) Halla company2) Location : Jeju-si, Hamdeok line3) Size : 20ha

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BULEFIN TUNA STOCK(Broodstock)

FISHERIES A SECTION(NAMHAE BLUEFIN TUNA)

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FISHERIES A SECTION(NAMHAE BLUEFIN TUNA)

3sets

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PRESS RELEASE

42

CERTIFICATE

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PATENTED(1)

4444

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PATENTED(2)

46

PATENTED(3)

#902, 1176-67, Venturemaru, Ido 2-dong, Jeju-si, Jeju-do, KoreaTel. +82(0)64-712-2663~4, Fax. +82(0)64-712-2665

www.nnt-sys.com

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