OLIE, INC.

February 2013

OLIE, INC.

• Olie, Inc. (Olie) is a company focused on emerging, clean energy storage technologies.

• Olie owns worldwide rights to the patented Rechargeable Alkaline (RAMcell) battery technology - considered one of the most cost effective and environmentally responsible battery technologies in the world.

• Small format RAMcells have been sold to leading retailer and to Original Equipment Manufacturers (OEM) since 1994.

• Large format RAMcells are currently under development and will target the $48 billion lead acid battery market.

• Large Format RAMcells are expected to revolutionize the battery market. • Historically, small format RAMcell batteries and charger kits were sold at

retail in Canada. • New retail business is now in place in the US, Europe and South Africa

with new opportunities being pursued in several markets. • A recent focus on the use of RAMcells in OEM products including solar

garden lights and LED lighting and has resulted in a growing OEM business.

THE COMPANY

OLIE, INC.

• The RAMcell technology was developed by the same scientist who invented the single-use alkaline battery technology.

• Over $40 million spent on R&D to date. • Ongoing intellectual property focus with 28 patents issued in key

international markets. • RAMcells are pre-charged and ready to use. • RAMcells do not suffer from rapid self discharge issues like other

rechargeable batteries and hold their charge for 7-years. • Hassle free charging – RAMcell can be recharge at any time with no

memory effect. • 1000’s recharges depending on use and frequency of recharging. • Available in AAA, AA, C and D sizes and 12, 9 and 6 volt battery packs. • Large format RAMcells are 1/3 the weight and size of a comparable

lead acid battery. • RAMcells are low cost, and use readily available raw materials. • RAMcell use no heavy metals and is the only consumer battery to be

awarded the prestigious EcoLogo.

THE RAMCELL TECHNOLOGY

OLIE, INC.

• Through an asset purchase in 2012, Olie is combining the small format and large format RAMcell businesses.

• The acquisition brings together all patents, know-how, laboratories, manufacturing, personnel, supply contracts and business relationships.

• This acquisition is key to completing the development and market launch of the large format RAMcell.

• In association with this acquisition and a new focus on OEM applications the sale of OEM batteries grew by close to 200% in 2012.

• OEM products using RAMcells including solar lights and spotlights began selling in 2012 at Home Depot US, Wal-Mart US, West Marine, Wal-Mart Canada and other retailers.

• Retail sales of batteries and charger kits are poised to expand into several new markets in 2013.

• Based on its R&D, manufacturing and marketing expertise Olie has been approached to bring to market new battery and charging technologies.

RECENT HIGHLIGHTS

OLIE, INC.

72% 4%

24%

Global Shipments

Rechargeable Batteries

Alternative Energy Storage

Primary Batteries

GLOBAL BATTERY MARKET US$89 BILLION/YEAR - 2012

Data from Freedonia Group, Inc.

OLIE, INC.

72%

8%

20%

Global Shipments

Lead Acid

Nickel

Lithium

RECHARGEABLE BATTERY MARKET US$63 BILLION/YEAR - 2012

Data from Freedonia Group, Inc.

OLIE, INC.

• In 2011 China closed over 1,500 lead-acid

battery plants due to health issues related to

toxic lead.

• Issues continue with lithium battery fires and

explosions.

• Raw material price fluctuations.

• NiCd batteries banned in Europe in 2008 due

to health issues related to toxic cadmium.

RECENT MARKET DEVELOPMENTS

OLIE, INC.

8

SMALL FORMAT RAMcells

OLIE, INC.

• RAMcells are now being used in a growing number of OEM products replacing lead acid, NiCd, NiMH, lithium and single-use batteries.

• A recent focus on products that have historically used lead acid batteries has resulted in significant new business.

• A number of new OEM products using RAMcells are under development.

• Sales are conducted through contract manufactures, agents and direct with OEMs.

SMALL FORMAT OEM SALES

OLIE, INC.

• RAMcell is the lowest cost rechargeable battery and the only one that can replace disposable alkaline batteries in every application.

• RAMcell batteries and charger kits have been sold under several brands and retailer private labels since 1994.

• Available in Canada, US, Europe, and South Africa.

• Sales in China and India to start in 2013.

• Retail sales are conducted through a growing network of distributors.

SMALL FORMAT RETAIL SALES

OLIE, INC.

• Several innovative chargers are available. • 2-position, 4-position and 8 position chargers. • Wall-plug and compact USB chargers.

RAMcell CHARGERS

OLIE, INC.

• ISO 9001 certified plant located in Nova Scotia, Canada.

• 40,000-sq. ft. facility on 10.5 acres of industrial land with room for expansion on additional 5 acres.

• Two automated lines with a total annual capacity of over 75 million AA and AAA batteries with:

• Assembly

• Processing

• Packaging

• QC operations

• Land and equipment are valued at over $5 million.

SMALL FORMAT RAMcell MANUFACTURING

OLIE, INC.

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LARGE FORMAT RAMcells

OLIE, INC.

LARGE FORMAT RAMcells

All the Advantages of Small Format RAMcell and more: - New construction format - Same raw materials used - Improved charge and discharge rates - Better utilization of active materials - Scalable to any size battery - 1/3 weight & size of lead acid battery - Maintenance free - No heavy metals used

OLIE, INC.

RAMcell 100 Amp Hour Battery vs

Lead Acid 100 Amp Hour Battery

RAMcell 100 Amp Hour Battery VS

Lead Acid 34 Amp Hour Battery

SIZE & WEIGHT ADVANTAGE

OLIE, INC.

0 1 2 3 4 5 6 7

Years

NiMH

NiCd

Lead Acid

RAMcell MnZn

Charge Retention at 20°C

RAMcell SHELF LIFE ADVANTAGE

Lead Acid

Lithium

NIMH

Projected

Wh/Kg 30 67 90 150 150

RAMcell ENERGY DENSITY ADVANTAGE

RAMCELL

FLAT PLATE

THE POWER OF RAMCELL

OLIE, INC.

OLIE, INC.

$/KW Hour* ~$1000 $550 $170$120 $150

$ / K

W H

ou

r

Lead Acid

Lithium

NIMH RAMCELL

FLAT PLATE

Projected

* : $ per KWh value are taken from public information and internal cost estimates.

RAMCELL COST ADVANTAGE

OLIE, INC.

Off Grid : $10 billion/year(1)

• Cell tower

• Traffic control systems

• Cable network systems

• Uninterrupted Power Supply

• Off-grid storage

• Wind

• Solar …

Automotive : $30 billion/year(2) • Starter Lights & Ignition

• Hybrid electric vehicle applications

LARGE FORMAT RAMcell MARKET FOCUS

(1) Lux Research, June 2011 (2) Lucintel, August 2012

OLIE, INC.

• 3 billion batteries end up in US landfills each year.

• This equates to over 100,000 tons of battery waste per year in our landfills.

• The toxic metals used in batteries: lead, cadmium, mercury, and nickel –are all poisonous to humans.

• RAMcells contain NO toxic metals.

• RAMcells significantly reduce the amount of heavy metals and waste entering landfill sites.

• RAMcell is the only battery to be awarded the prestigious EcoLogo.

THE ENVIRONMENTAL ADVANTAGE

EcoLogoTM is North America’s largest, most respected environmental standard and

certification mark

OLIE, INC.

NATIONAL RESEARCH COUNCIL

CANADA

STRATEGIC PARTNERSHIPS

Note: Joint or sponsored

OLIE, INC.

INVESTMENT OVERVIEW

The company is seeking an investment of $12.6 million, on terms to be negotiated. Use of Proceeds from this investment are as follows:

Lab Manufacturing and Testing Equipment 1,000,000$

Flat Plate Research and Development 800,000

Engineering of Manufacturing Equipment 1,500,000

First Generation Flat Plate Manufacuring Line Construction 4,000,000

Manufacturing Line Start-up/Flat Plate Inventory Build-up 2,200,000

Cylindrical Materials and Finished Goods Inventory 500,000

Discounted NSBI $7 million Debenture Purchase 1,000,000

Patents and IP Cost 100,000

Working Capital and Contingency 1,500,000

Total Investment 12,600,000$

OLIE, INC. OLIE, INC.

Actual

Revenue 1,810,600$ 3,894,800$ 7,527,700$ 12,201,200$ 22,339,700$ 41,172,700$

Cost Of Goods Sold 1,698,600 3,142,100 3,815,000 5,157,100 8,824,200 15,309,800

Gross Profit 112,000 752,700 3,712,700 7,044,100 13,515,500 25,862,900

R&D 258,600 536,600 1,037,100 1,681,000 3,077,800 5,672,400

SG&A 192,500 142,000 274,400 444,800 814,500 1,501,100

total Operating Expenses 451,100 678,600 1,311,500 2,125,800 3,892,300 7,173,500

EBITDA (339,100)$ 74,100$ 2,401,200$ 4,918,300$ 9,623,200$ 18,689,400$

Projection - Fiscal Year Ended September 30,

2013 2014 2015 2016 2017Year Ended

June 30, 2012

PROFORMA FINANCIAL PROJECTIONS

• These projections are based only on the small format RAMcell business. • Large format RAMcells target the $43 billion lead acid market with annual growth of more than $2 billion. • Gaining a 1% share of the lead acid business would represent sales of $430 million to Olie.

OLIE, INC.

World Trade Center Suite 404 - 999 Canada Place Vancouver BC

30 Pollard St Richmond Hill Ontario

41 Tantramar Cres Amherst Nova Scotia

Management Directors Head office

Toronto office

Battery Plant

Gregg K. Vernon P.Eng

Executive Chairman

Frank Borowicz QC CA(HON)

Independent Director

Grant Vernon

Independent Director

Wayne Hartford

CEO, Director

Robert Gardner

President, Director

Stephen Meldrum

Chief Operating Officer

Josef Daniel-Ivad PhD

Chief Technology Officer

Dorlyn Evancic

Chief Financial Officer

Rob Fashler

Chief IP Officer

Doug McKillop

Plant Manager

LEADERSHIP TEAM

OLIE, INC.

Cost Reducing and Sustainable Technology • RAMcell is a proven technology • Large format RAMcell is a Game Changer for power storage • Highest performance/cost ratio for rechargeable battery • High energy density • “Industry Best” shelf life with lowest self discharge • Readily available, Lowest Cost anode/cathode materials • Proven Manufacturing expertise and operating plant

Exclusive Intellectual Property • Current portfolio of 28 worldwide patents in place • Ongoing focus on new patents and patented improvements to extend exclusivity

Experienced Team • Highly experienced management team • Global Perspective • Strong R&D partners • Strong strategic alliances

SUMMARY