ENAX empower progress.

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1 ENAX empower progress. Company profile.

2 ENAX empower progress. We, Enax, provide the safe and high quality Li-ion batteries which is loved and admired by our stakeholders, and contribute to construction of the society with mobility and convenience. Kazunori Ozawa, Ph.D, President and C EO

3 ENAX empower progress. Dr. Kazunori Ozawa ENAX has been established by Dr. Ozawa, who was the division manager of the Li-ion battery at Sony (the first company which succeeded to commercialise business on Li-ion battery). He sees himself as an engineer, appealing to a society about the importance and the splendid culture of creation and manufacturing. Kazunori Ozawa, Ph.D, President and C EO

4 ENAX empower progress. Dr. Kazunori Ozawa He has developed a new type of Li-ion battery, i.e. LSB (Laminated Sheet Battery) with his own patents (thus not caught by the Sony patent net). LSB have been accepted worldwide. For instance Mr. Iacocca has praised as the ENAX LSB is the safest Li-ion recharge-able battery in the world!. Mr. Iacocca and Dr. Ozawa at his private residence (Jan 2003)

5 Agenda Coporate profile Empower progress: ENAX Li-ion Batteries Technology Products Safety New possibilities and solutions

6 ENAX empower progress. Corporate Profile ENAX Inc. Established 15 April 1996 Capital Representative HQ Business Scope 507 Million Yen (June 2004 Kazunori OZAWA, Ph.D. Bunkyo-ku, Tokyo Development, production and sales of Lithium ion rechargeable battery pack and applied products

7 ENAX empower progress. From R&D to Mass production We expanded our service areas to manufacturing and sales of Battery-Pack, to sales of proprietary Li-ion battery. Striving to shift from a R&D contract type company to R&D and manufacturing type company, we have defined the last year as the beginning of second phase of ENAX establishment.

8 ENAX empower progress. From R&D to Mass production Since last year, we have expanding Yonezawa Laboratory to enhance our R&D activities as well as to establish the mass production systems. In addition, big developments were made in China. Anqiu factory has started its production of electrodes from this summer 2005, and at Tianjin, we are starting the assembly of Lithium Polymer battery by the autumn 2005.

9 ENAX empower progress. Business Fields. R&D, manufacturing of samples, evaluation and distribution of large size Li-ion rechargeable battery (Laminated Sheet Battery) Manufacturing and distribution of battery pack Manufacturing and distribution of electrodes Import and distribution of Electric Bike Manufacturing and distribution of Electric Mini Car

10 ENAX empower progress. Our solutions. High demands of Li-ion rechargeable battery cells still continue. By utilizing the characteristics of lightness on Li-ion batteries, the applications vary from PC, Mobile phone to Robot, industry uses, and automobile and so on and so forth. Fully exploiting our own R&D accumulated experiences and technologies, ENAX provide mid to large size safe, high power and high energy batteries.

11 ENAX empower progress. Our spirit. Within ENAX, we all share the battery engineer spirit which we define as the never exhausting spirit of continuously keeping challenging to the limits and seeking for the best battery.

12 ENAX empower progress. Our overall goal: empower progress. By superior technologies and innovations By reliable treatments By strong and personal partnerships and networks By personal and technical certitude Together with our costumers for today and future markets.

13 Empower progress: ENAX Li-ion Batteries

14 Why ENAX Li-ion? Li-ion battery Light weight High capacity High engergy density No memory effect

15 Why ENAX Li-ion? ENAX Li-ion battery High power density Thin battery (Laminate cell) Rapid charge and discharge are available Operation between low and high temperatures Minimal dispersion of each cells in battery pack More safe (no fire, no smoke) Minimal self-discharge

16 ENAX LI-ion Why ENAX Li-ion? LI-ion energy density Ni-MH NI-Cd capacitor power density

17 Why ENAX Li-ion? Energy density and output power density of a battery for E-Bike and EV or HEV. 120 ENAX E-Bike Energy density (W h/kg) HEV ,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 outp ut p ower density (watt/kg) ENAX Li-ion has highest energy density & highest output power energy.

18 ENAX Li-ion: Technology

19 ENAX Li-ion: Technology The ENAX Li-ion uses manganese based original material. to realise reasonable and safer based Li-ion battery at high temperature ENAX holds more than 15 patents, e.g.: Manufacturing method of batteries Electrodes materials, Electrolyte Safety measures

20 ENAX Li-ion: Technology Partnership for progressive innovation: Degussa s SEPARION Separator Benefits for the Battery

21 ENAX product range

22 ENAX product range

23 ENAX product range Cell Dimension Weight Extra High High Energy High Power (approx.) Energy M-size 27g 800 mah C-size 30g 800 mah S-size 110g 5 Ah 3.9 Ah 2 Ah W-size 220g Ah 8.3 Ah 4-5 Ah L-size 550g 29 Ah 20.0 Ah 10 Ah Rate Capability < 1C 3C 10-20C Develop ment test p hase

24 ENAX Li-ion: Safety

25 ENAX Li-ion Safety: Comparison of Battery Structures

26 ENAX Li-ion: Safety 1. In the event of severe accidental damage The Li-ion battery is a high power battery. In case of an accident, a huge current may lead to an explosion. The ENAX Li-ion battery does not explode in such situations.

27 ENAX Li-ion: Safety 2. Overcharging The ENAX Li-ion battery does not explode due to overcharging. Normal Li-ion batteries ignite (explode).

28 ENAX Li-ion: Safety 3. Over discharging The ENAX Li-ion battery has no bulge or leakage of electrolyte in the event of over discharging. Normal Li-ion batteries suffer from bulge or leakage of electrolyte.

29 ENAX Li-ion: Safety 4. Nail penetration The ENAX Li-ion battery does not explode in Nail penetration test Normal Li-ion batteries explode.

30 ENAX Li-ion: Safety Tests

31 Overcharge test for Cell (3C, 20V) before LSB 8,3Ah by ENAX: No fire No smoke after

32 Overcharge test for Cell (3C, 20V) before Competitor: Catch fire! after

33 Clash Test: Battery Pack Executing Clash Test

34 Clash Test: Battery Pack After Clash Test

35 Clash Test: Battery Pack After Clash Test No smoke No fire Battery is still alive! After Clash Test

36 Overcharge Test: Battery Pack 8.3 Ah cell each, using 14 cells as one pack Before Overcharge Test

37 Overcharge Test: Battery Pack 8.3 Ah cell each, using 14 cells as one pack After Overcharge Test

38 Overcharge Test: Battery Pack 8.3 Ah cell each, using 14 cells as one pack After Overcharge Test Voltage on pack: 36V Result Thickening of pack No fire No smoke

39 ENAX LSB is the SAFEST Li-ion Battery!

40 Discover new possibilities and solutions

41 ENAX empower progress. Business Strategy Battery cell production / month 3000 THS Small Size Eg: PDA PC HEV EV 300 THS All Competitors on Li-ion batteries E.Bike Market Entry Barrier: Safety 30 THS Specialty goods Sample Battery Capacity

42 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application S3 (Electric Mini Car) developed by ENAX

43 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application Electric Bike using ENAX LSB battery pack

44 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application ENAX LSB Pack (15.2V 15Ah) use test for idling stop system on a car and obtained satisfactory result. Honda Civic using ENAX Batteries for hybrid-electric power train

45 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application ENAX LSB Pack (15.2V 15Ah) use test for idling stop system on a car and obtained satisfactory result.

46 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application Using for Submarine

47 Discover new possibilities and solutions. ENAX portfolio Examples of ENAX Li-ion battery application Using for Robot (for Kawada Kogyo)

48 Contact ENAX Europe Representation Jan-Steffen Lang Sales and Marketing Europe Hanns-Martin-Schleyer-Str. 15 D Nottuln Phone: +49 (0) Fax: +49 (0)

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