Ann: EdenCrete Project - US Progress Update, page-3

And there's more----
"In the trial, one or more short sections of the replaced concrete is planned to be constructed using
EdenCreteTM enriched concrete, so that both its initial benefits, including reduced shrinkage, and its
longer term performance and durability can be monitored.
In addition to thousands of miles of concrete roads and highways, Georgia has in excess of 15,000
concrete bridges (ranging from small to large), a recent audit of which indicated that over 4,000 were
not suitable for repair and need to be replaced over the next 20 years, at an estimated annual cost in
excess of $300 million per year.
A successful outcome of these trials in Georgia is considered likely to accelerate the process of
obtaining similar approvals by the Departments of Transport in other US states, with the objective
being the opening up of the national infrastructure market.
Further Commercial Projects Planned
Additionally, further commercial projects using EdenCreteTM in both Colorado and Georgia are also
planned to occur over the next one-two months. These are intended to cover a range of specific
applications where the improved performance characteristics of EdenCreteTM are anticipated to be of
value.
Establishment of Large, Commercial Scale US EdenCreteTM Production Capacity
Ongoing discussions with various interested parties and relevant authorities related to both the
possible location and financing in the US of Eden’s first proposed large scale EdenCreteTM
production facility are continuing and two preliminary proposals have been received to date. Further
proposals are expected with a final decision on the chosen location and method of financing still
expected within the next two-three months.
Large Scale US Production Scale-Up Design Commences
A specialist engineering group has commenced work on the preliminary design work on a reactor
capable of producing up to a targeted 250 tonnes of carbon nanotubes (CNT) per annum, which
would be sufficient to produce enough EdenCreteTM to supply approximately 1% of the total US
concrete market. The anticipated time to design and build this reactor is likely to be between 15-18
months.
Short Term US Production Scale-Up Underway
Steps are now underway to increase over the next three-six months the short term CNT production
capacity at Eden Innovation’s Colorado based facility, with a view to expanding this capacity as
required to attempt to satisfy the targeted increase in demand for EdenCreteTM until the large scale
facility comes on line.
Summary
The overall progress and in particular the development with GDOT, is highly encouraging. The
GDOT laboratory tests and field trial, provided they replicate the results achieved in earlier tests and
trials, are expected to offer the opportunity for EdenCreteTM, with its present first mover advantage,
to achieve an early and potentially rapid penetration into the huge US infrastructure market.