MAR Systems Inc.

MAR Systems Inc.
Removing Toxic Heavy Metals from
Water Streams
Mercury, Selenium, Arsenic, Hexavalent Chrome

MAR Systems Inc.
Clean Water Technology Company
•Founded 2006 – Solon, OH based
•Initial Technology developed with the US EPA
•3 patents issued – two pending
•Raised $6.0 million to date (Series A and B, convertible notes)
•$500,000 OILF Award (2011)
•Manufacturing & Selling Sorbster
•Potential Series C (acceleration round) in late 2012
Awards
•2010 “Artemis Top 50” in the water technology segment
•2011 Nortech Innovation Award
•2010 Business Week “one of America’s most promising start-up”

The Problem: Companies Have to Treat
2011 Examples
•Monsanto P4 Plant , will pay a $1.4 million civil penalty
•CONSOL Energy Inc. will pay $5.5 million in fines
•CONSOL Energy will build a $200 million treatment system to
resolve water quality violations
•Arch Coal Inc., agreed to pay a $4 million dollar penalty
•TMW Corporation, fined $100,000
~ 3000 sites in violation of Clean Water Act Currently

U.S. Mercury Removal Market
• Large industrial facilities with mercury
contamination issues
• Coal-fired power plants (esp. w/ flue
gas desulfurization)
• Publicly-owned treatment works
(POTWs)
Estimated Market size
~$65 million annually*
~$900 million annually
~$400 million annually
~$1.4 billion annually*
* Does not include remediation opportunities at closed facilities with legacy
contamination (a.k.a. Superfund sites)
Source: MAR Systems analysis, using publicly-available data

Currently Serving the Industrial
Wastewater Market
•Refinery Effluents: Mercury, Selenium, Fluoride
•Chemical Plant Effluents: Mercury, Selenium
•Power Plant Effluents: Mercury, Selenium
•Mine Tailings Pond: Selenium, Fluoride
•Oil & Gas: Heavy Metals
•Remediation Sites: Heavy Metals
Future Market Segments: Municipal
Water and Stack Emissions
6

MAR’s Solution: Sorbster TM
Patented Sorbster media: low-cost but proprietary material for capturing
mercury and other heavy metal contaminants
• Abundant supplies of base material
• Straightforward processing
Advantages of Sorbster
• High capacity and rapid adsorption
• Ease of Use
• Passes the EPA’s TCLP test. Able to bind mercury and other
contaminants permanently - will not leach, can avoid being disposed as
hazardous waste

Business Model
“Razorblades”
MAR’s Solution: Simple and Robust
Contaminated
Water Stream
Flow Through
Sorbster
Media
Clean Water

Verticals
• Refinery
Successful Application Examples
• Chemical Manufacturing
• Engine Manufacturing
• Chlor-alkali
• Coal mining
• Groundwater

Commercial System Options for Clients
•Clients can design and fabricate vessels
and have media delivered
•Complete systems can be installed on
site for clients including media
•Current treatment vessels can be
modified and media can be installed
Significant ease of use, CapEx and O&M
advantages over traditional methodologies.

Pretreat:
Remove bulk of
contaminant
before another
process
Opportunities for Sorbster Use
Alternate for/
replacement of:
Hydroxide/sulfide/ carbonate/iron
precipitation
Chemical/polymeric precipitation
Ion exchange
R/O
Carbon adsorbents
Membrane Bioreactors
Dilution
Trouble meeting low PPT levels
Polish:
Remove low metals
levels to accomplish
discharge limits behind
existing processes

• Sales $242,000 (132% increase)
2011 Highlights
• Raised $2,479,000 in Series B and convertible notes
• First commercial size order for Hg - 32K lbs,
• Selenium, Fluoride solutions added
• NorTech Innovation award winner
• $500,000 IOLF loan awarded
• Manufacturing Expansion
• Strategic conversations with GE, Veolia, Siemens
• One new patent application, one reissue filed

Exit Strategy
Sale of the company and intellectual property to a national or
global water or industrial treatment company.
Target year: 2013/2014
Potential acquirers include:
Illustrative exit valuation (2013): 4x revenues of $17.5 million
$70 million

Emerging: Fracking Proppants
• Spring 2011: MAR discovers that active chemistry of Sorbster TM media can be
deposited onto silica substrates with high metals-capture effectiveness
• 75 billion pounds of sand (silica) is forecasted to be sold in 2011 as “proppant”
used in fracking to unleash hydrocarbon production from shale
• June 2011: MAR files provisional patent for use of Sorbster TM on proppants for
in-situ downhole capture of metals in water associated with fracking operations
• Currently: MAR negotiating joint development agreement involving NRE
revenues and licensing/royalty arrangements

Management Team
Tony Lammers
President/CEO
3 start-up’s
25+ years commercialization
Nancy Sherwood
VP Technology
Highly Experienced Team
30+ years water industry R&D experience
w/Nalco, Kemira, Calgon
Darrell Zielinski
VP Sales
15+ years water industry experience w/
Siemens and US Filter
Missy Hayes
Bus Dev Director
2 start-up’s
25+ years refinery industry experience
Board Members
Richard Stuebi
Managing Director - Early Stage Partners
Don Evans
Former Vice Chairman and President of
CH2MHill’s Water Treatment
business
Richard Schwarz
Former President/CEO of Laurel
Industries
Mark Williams
Oil and gas industry veteran, Founder
and Vice President of Northeast
Natural Energy
Claude Kennard
President Metaloy Inc., Founder MAR
Systems Inc.

MAR Systems Inc.
Solving the Conflict Between Industry and the Environment
MAR Systems Inc
30625 Solon Road Unit G
Solon, Ohio 44139
www.marsystemsinc.com
Phone: 00 1 440-505-0962 x.108
Tony Lammers, President/CEO
tlammers@marsystemsinc.com