Safe NGV’s: Intelligent Refueling - rfidjournal.net NGV’s: Intelligent Refueling ... Natural Gas Vehicles (NGV’s) ... The CNG Vehicle Safety Challenge

Safe NGV’s: Intelligent RefuelingIan Patterson, Viridis Technologies Inc.

April 2011

Slide 1

innovation delivered

• Viridis Technologies Inc

– Head office: Markham, ON

– Subsidiary: Singapore

• Manufacturer of fueling equipment for CNG, LNG,

H2 and LPG

– Reputation for quality products and strong global technical support

– Management has strategic relationships with suppliers, governments, & customers in global industry

– Management has extensive track record of improving safety & performance of industry

• Experienced management team

– 35+ years sector knowledge

• Market ready RFID CNG systems

• Listed on the Deutsche Börse Open Market, trading

symbol “VRY”

Company Highlights

Viridis Fuel Dispenser Products

H2 and blended-fuel

dispensers

CNG Dispensers

LPG dispensers

LNG dispensers

Natural Gas Vehicles (NGV’s)• Over 16M vehicles in 84 countries

• Natural Gas as fuel– Decreased CO2 emissions

– Reduced vehicle maintenance

– Domestic supply

– Gateway fuel

– US Natural Gas Act

• Barriers to growth– Lack of fueling infrastructure

– Industry safety

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76.3

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2005 2010 2015 2020 2025 2030

NGV Market Growth

Millions Of NGV's

How Safe Are NGV’s?

• Standards & certifications in place

• Quality suppliers

• Established procedures

• Regulated, routine inspections of vehicles

Slide 5

• Safety problems in virtually every country that is using CNG

• Lacking traceability of conversions and/or inspections

• Illegal cylinders are routinely installed in vehicles

• Difficult if not impossible to enforce routine inspection of cylinders

• No method to restrict fueling to only certified vehicles

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How Safe Are NGV’s?

Slide 7

Ignoring Safety Is Not An Option

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Ignoring Safety Is Not An Option

The CNG Vehicle Safety Challenge

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The CNG Vehicle Safety Challenge• Unsafe cylinder & improper installations have

caused:– Preventable incidents that have resulted in death,

personal injuries & property damage.

– Risk of of significant financial liabilities.

– Negative publicity for the NGV industry.

– Impeded growth of NGV’s industry.

– Weakened government support for NGV programs or if safety continues to be an issue.

• Codes and Standards exist with no means of enforcement.

• Control of the fueling of vehicles is the only practical method to ensure safety.

Slide 10

Viridis RFID System – Intelligent RefuelingPatent Pending

• Reliable & secure means of identifying certified & inspected vehicles

• Automated fueling of certified vehicles

• Verification of cylinder identification

• Secure central database of certified vehicles and installers assures traceability of all vehicle systems

• Can be retrofitted to existing CNG dispensers

• Certified for use in hazardous locations.

Slide 11

Viridis’ Solution Patent Pending

• Specific application of RFID to natural gas fueling.

• RFID tags on-board vehicles.

• Intelligent ID tags on all cylinders.

• Permanently mounted tags, destroyed if removed.

• RFID Tag data is encrypted to prevent duplication

• Prevents unauthorized cylinder swaps after RFID tag has been issued to a vehicle.

• Verifies the total cylinder capacity.

• Failsafe operation.

Slide 12

Viridis RFID System – Commercial FeaturesPatent Pending

14

Pay CNG price only

$ 0.25Per Liter with Bank Loan

$ 0.20Per Liter without Bank Loan

Pay CNG price + Loan

Repayment

Payment to

Station Owner

$ 0.05 to Bank

$ 0.20 to Station

Owner

Intelligent RefuelingPatent Pending

• Stakeholders have identified the Viridis RFID

Solution as integral to enabling growth of the NGV

industry

• Development of international safety standard for

RFID verification of alternative fuel vehicles

• 2011 Pilot Projects – 7 countries

• Patent pending

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250 Shields Court, #5,

Markham (Toronto) ON,

Canada L3R 9W7

T: +1.905.918.2836 F: +1.905.918.2855