The Quantum Light Advantage. OECD Nano & Environment Conference July 17, 2009
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1 The Quantum Light Advantage OECD Nano & Environment Conference July 17, 2009
2 Where color, power and design matter Quantum Light Optics and Inks QD Vision is a nanomaterials product company that delivers game-changing lighting & display solutions... with exceptional color quality together with higher power efficiency, design flexibility and systems costs in consumer electronics, display & general illumination markets with large net benefits to the environment. 2 2
3 QD Vision is going to market First product in lighting, then extend to displays Quantum Light optic for SSL in 09 Quantum Light ink for LCDs in 11 Complete synergy Similar quantum dots, inks & films Similar strong value propositions Regarding color, power and cost 3 3
4 Realizing the promise of a revolutionary technology Quantum dots Fundamental property advantages Value in Solid State Lighting QD Vision QD Environmental Health and Safety 4
5 Quantum dot semiconductor nanocrystals Precisely engineered for optimal performance & cost light emission and particle processing. COLOR SPACE (CIE x,y) QD gamut Emission Spectra 1 Emission Yellow 0.7 Semiconductor Nanocrystal Core Color is controlled by size as well as composition HD gamut Normalized Intensity Wavelength (nm) Quantum dot < 50nm Quantum dot -- Narrow 2-12 nm Shell Power efficiency & stability Caps Process economics & design flexibility 5 µm printed QD features Phosphor Phosphor -- > 100nm Broad 5
6 Quantum dot advantage Engineered properties translate to unrivaled benefits ENGINEERED PROPERTIES Light Emission Precisely tailored color (λ nm) Across visible spectrum Narrow spectra (color purity) High efficiency Particles for Films Customized for film matrix & deposition Formulated into inks Solution processable UNIQUE BENEFITS PACKAGE Exceptional Color Warm whites, high CRI (lighting) Broad color gamut (displays) Higher Power Efficiency Of lamp, luminaire or display Smaller batteries or longer battery life Thinner, less bulky Lower Systems Cost Fewer, cheaper LEDS (or brighter) Simpler system electronics/designs Printed or coated films Drop-in to designs & manufacturing 6
7 Fundamental tradeoff in lighting Color quality vs. power efficiency 90 Lumens/Watt Fluorescent ( K) CFL ( K) Halogen (~ 3000 K) Incandescent (~ K) LED Cool White 6500K Blue Chip + Yellow Phosphor LED Warm White 3000K Blue Chip + Yellow + Red Phosphors 1/3 rd
8 Breakthrough with Quantum Light optic High color quality & high efficacy together! 1 st product in PAR 30 lamps for downlights Nexxus Lighting integrates optic into its LED Array Replacement Lamps Quantum Light optic transforms color of cool white lamp White: 5000K (cool) Color: 75 CRI Efficacy: 2700K (warm) 90 CRI 65 Im/W While maintaining high power efficacy Achieves 50% higher efficacy than next closest product Dramatic energy savings for consumers Quantum Light optic Nexxus PAR 30 LED Array TM 8
9 Power savings translates to deep cost savings QD-enhanced lighting modules can use fewer, cheaper LEDs 0% % Quantum Dot film efficiency (EQE) 30% 40% 50% 60% 70% 80% 90% -10% % LED Cost Savings -20% -30% -40% -50% -60% Assuming 30% cost savings per LED Assuming 10% cost savings per LED -70% -80% Assuming 50% cost savings per LED Additional value realized by using cheaper blue LEDs 9
10 Near-term addressable markets Opportunity well above $1B/year in lighting & displays QD Materials Opportunity in $ Millions LCD BLUs on chip TVs LCD BLUs on film PC Monitors LCD BLUs on film PC Notebooks LCD BLUs on film Mobile Phones User interfaces PC Peripherals SSL Fixtures User interfaces Mobile Device Keypads $160M $815M $1140M $1440M $1605M TVs PC Monitors PC Notebooks Mobile Phones PC Peripherals SSL Devices Mobile Device Keypads 10 Now being updated with SSL markedly revised upward!
11 Realizing the promise of a revolutionary technology Quantum dots QD Vision Capabilities and Team QD Environmental Health and Safety 11
12 A focused, integrated approach The only quantum dot company focused solely on displays & lighting The 1 st quantum dot company to market in lighting & displays 12
13 A world-class team Industry-proven Executives, Pioneering Scientists Management Dr. Dan Button, President & CEO DuPont (Electronics/Asia), Corning (Displays), Rohm and Haas, E Ink, Boston MicroSystems John Ritter, Exec VP Product Dev & Ops Corning, E Ink Dr. Seth Coe-Sullivan, Co-Founder & CTO MIT, Business Week Best Young Entrepreneurs of Tech, MIT s TR35 Matt Mazzuchi, VP Market & Bus Dev Luminus Devices, Luxim, JDS Uniphase (OCLI) Martha Finnegan, IP Counsel GTE/Sylvania (lighting), Cabot (materials) Frank Hillery, VP Finance Color Kinetics (IPO & sale to Philips in lighting), other tech ventures, Deloitte & Touche Board of Directors Ed Braun Chairman, Veeco Sean Dalton Highland Capital Partners Jamie Goldstein North Bridge Venture Partners Willy Shih (Non-executive chairman) Harvard Business School, Kodak, Thomson Science Advisory Board Prof. Moungi Bawendi MIT, Father of QDs Bell Labs Prof. Vladimir Bulovic MIT, Universal Display Corp. 13 June 30, 2009
14 Realizing the promise of a revolutionary technology Quantum dots QD Vision QD Environmental Health and Safety Collaborations EH&S Considerations and Benefits Policy 14
15 Responsible Development QD Vision has proactively established EH&S community collaborations US NIOSH Dr. Chuck Geraci Established QD R&D occupational health and safety best practices Presented in US and Taiwan University of Massachusetts Prof. Michael Ellenbecker Product safety feedback studies Conservation Law Foundation (CLF) Ventures Dr. Jo Anne Shatkin Life cycle risk assessment Brown University Profs. Robert Hurt and Agnes Kane EPA STAR Grant, end-of-life fate studies Goal is to launch product with environmental benefit, by bringing EH&S information into the development process early.
16 Health and Environmental Considerations From a complete life cycle approach. Worker Safety 1 st priority addressed with NIOSH Revisit with transition from R&D to manufacturing operation Product/Consumer Safety Multiple layers of safety built into product form Large net benefit relative to state-of-the-art technology (e.g., compact fluorescent lamp (CFL) technology) End-of-Life Cycle Studying with Brown University/EPA grant Considering public discourse on recycling program Large net benefit relative to alternative technologies (next chart)
17 Lighting Technology Options Quantum Light TM technology is the most attractive option overall. Efficiency Mercury Content Product Lifetime Color Quality Incandescent 10 lm/w None 1000 hrs High CFL 40 lm/w 3-5mg 10,000 hrs Low LED 65 lm/w None 50,000 hrs Low LED w/ Quantum Light TM 65 lm/w None 50,000 hrs High
18 Environmental Net Benefits Going from incandescent to CFL has been shown to be a net reduction in Mercury pollution (and Carbon) Zimmerman et. al. ES&T 2008 As much as 100mg of Hg per bulb depending on region LED w/ Quantum LightTM increases this benefit further 25mg reduction per bulb due to Hg-free product mg reduction per bulb due to higher efficiency Similar 50% benefit in Carbon emissions Less manufacturing waste due to longer life Largest benefit is that consumers will WANT this product Market uptake is ultimate driver of environmental benefit Legislation is a poor substitute for a better product
19 QD Vision a green lighting solution provider Well positioned to deliver a game-changing opportunity Revolutionary technology Extensive patent portfolio Proven team, pioneering scientists Market & product focus Responsible development policy EH&S collaborations with Universities and Government Strong environmental benefits 19
20 Contact Information Seth Coe-Sullivan, PhD, Co-founder & CTO Direct: Mobile: QUANTUM LIGHT is a trademark of QD Vision, Inc. 20
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