Bio En Holdings's Customers Performance

Design and Engineering

a. David Xuereb & Associates is anticipated to be the local firm of Architects and Engineers. The Maltese authorities approved the employment of David Xuereb & Associates at an early stage in negotiations and the firm will be the single point of contact for the full design and all attendant issues of the facility. The design role should include the direct design input from GeneSyst as part of the licensing arrangements with GeneSyst.

b. Kevin H Ramsey Consulting may provide additional design work relating to the Civil and Process Engineering, which includes Chemical, Hydraulics, Thermodynamics etc. with Mechanical and Electrical, HV/LV and Power, and ICA/SCADA works.

c. The Malta College of Arts Science and Technology and the University of Malta, together with Queens University in Belfast and the Carbolea Institute at the University of Limerick may also be providing services to assist in verifying the input materials through testing and analytical work.


Operations and Maintenance Contractor

a. The Facility Operations and Maintenance (O & M) is currently integrated into the operating expense budget projections. However, it is envisioned that the O & M function will be organized as a separate Company Contractor under a separate contract expected with an EPC contractor.

b. The Biomass to Ethanol Facility is not a complex type of plant and uses traditional and standard equipment that is generally used across a wide selection of water, waste water, chemical and food process industries. The O &M Contractor personnel will be trained people with experience from Malta based chemical and waste water and process industries.

c. Selected personnel will be trained on site and through coordinated courses at the Malta College of Arts Science and Technology.

At the present time the Company has not sought out any customers because the Facility has yet to be built. Prior to the completion of the first phase of plant construction, the Company intends to make its first entry onto the Biofuel Marketplace seeking a long-term contract for 80% of its production. The Company plans to sell 20% of its total production on the spot market or under short term contracts to take advantage of what it believes to be a rising market demand and subsequent increase in ethanol prices.

Design and Engineering

a. David Xuereb & Associates is anticipated to be the local firm of Architects and Engineers. The Maltese authorities approved the employment of David Xuereb & Associates at an early stage in negotiations and the firm will be the single point of contact for the full design and all attendant issues of the facility. The design role should include the direct design input from GeneSyst as part of the licensing arrangements with GeneSyst.

b. Kevin H Ramsey Consulting may provide additional design work relating to the Civil and Process Engineering, which includes Chemical, Hydraulics, Thermodynamics etc. with Mechanical and Electrical, HV/LV and Power, and ICA/SCADA works.

c. The Malta College of Arts Science and Technology and the University of Malta, together with Queens University in Belfast and the Carbolea Institute at the University of Limerick may also be providing services to assist in verifying the input materials through testing and analytical work.


Operations and Maintenance Contractor

a. The Facility Operations and Maintenance (O & M) is currently integrated into the operating expense budget projections. However, it is envisioned that the O & M function will be organized as a separate Company Contractor under a separate contract expected with an EPC contractor.

b. The Biomass to Ethanol Facility is not a complex type of plant and uses traditional and standard equipment that is generally used across a wide selection of water, waste water, chemical and food process industries. The O &M Contractor personnel will be trained people with experience from Malta based chemical and waste water and process industries.

c. Selected personnel will be trained on site and through coordinated courses at the Malta College of Arts Science and Technology.

At the present time the Company has not sought out any customers because the Facility has yet to be built. Prior to the completion of the first phase of plant construction, the Company intends to make its first entry onto the Biofuel Marketplace seeking a long-term contract for 80% of its production. The Company plans to sell 20% of its total production on the spot market or under short term contracts to take advantage of what it believes to be a rising market demand and subsequent increase in ethanol prices.