BLACKLIGHT POWER TECHNOLOGY A New Clean Energy Source with the Potential for Direct Conversion to Electricity

BlackLight Power, Inc. (the Company), a Delaware corporation based in its 53,000 sq. ft. headquarters in Cranbury, New Jersey, believes it has developed a new hydrogen chemical process that generates power, plasma (a hot ionized glowing gas), and a vast class of new compositions of matter. Specifically, the Company has designed and tested a new proprietary energy-producing chemical process. The Company has developed highpower density, high-temperature, hydrogen gas cells that produce intense light, power of orders of magnitude greater than that of the combustion of hydrogen at high temperatures, and power densities equal to those of many electric power plants. The Company is focusing on cells for generating light and plasma for lighting applications and direct conversion to electricity, respectively. The cells generate energy through a chemical process (BlackLight Process) which the Company believes causes the electrons of hydrogen atoms to drop to lower orbits thus releasing energy in excess of the energy required to start the process. The lower-energy atomic hydrogen product of the BlackLight Process reacts with an electron to form a hydride ion which further reacts with elements other than hydrogen to form novel compounds called hydrino hydride compounds (HHCs) which are proprietary to the Company. The Company is developing the vast class of proprietary chemical compounds formed via the BlackLight Process. Its technology has far-reaching applications in many industries. The power may be in the form of a plasma, a hot ionized glowing gas. The plasma may be converted directly to electricity with high efficiency using a known microwave device called a gyrotron, thus, avoiding a heat engine such as a turbine. The Company is