>> WELCOME TO NEW HAMPSHIRE'S BUSINESS.
I'M FRED KOCUR.
NEW HAMPSHIRE'S PRODUCT OF THE YEAR IN THE TECHNOLOGY COMMUNITY WAS VOTED ON THIS MONTH, AND IT IS A COMPANY IN MANCHESTER, IT'S A SMALL START-UP COMPANY CALLED MEASURED AIR PERFORMANCE.
WE'RE GOING TO TALK TO THE CEO IN A MINUTE, BUT LET ME SHOW YOU A PICTURE.
THIS IS A STACK, THIS IS SMART STACK, THIS IS A TECHNOLOGY, IT'S A VENTILATI EXHAUST TECHNOLOGY FOR LABORATORIES, FOR HOSPITALS, SCIENCE BUILDINGS AT UNIVERSITIES AND SO FORTH WITH A
LOT POTENTIAL IN THE MARKETPLACE.
THIS WAS VOTEDED ON BY THE NEW HAMPSHIRE TECH ALLIANCE AT A BIG EVENT HERE IN MANCHESTER THIS MONTH BY SOME 200 ENTREPRENEURS AND INNOVATOR AND TECH, AND TH WON.
AND NICE TO HAVE YOUHERE.
BEFORE WE TALK ABOUT THIS, WE ARE GOING TO GO THROUGH SLIDES HOW IT WORKS.
HOW DID YOU GET THE IDEA?
>> W STARTED THE COMPANY AS A HELPING REDUCE THE VENTILATION RATES AND ASSOCIATED ENERGY AND WE SAW THIS GAP, THIS OPPORTUNITY TO DRIVE ENERGY SAVINGS A STARTED DEVELOPMENT
ON SMART STACK.
>> SO IT'S AN ENERGY SAVINGS TECHNOLOGY IS WHAT IT IS.
>> CORRECT.
>> LET'S GO TO THE SLIDES AND HERE ARE THE SLIDES THAT YOU USED ACTUALLY IN THE COMPETITION BEFORE THE NEW HAMPSHIRE TECH ALLIANCE.
AND HERE IS THE FIRST ONE.
>> SO, FLAP BUILDINGS USE A SIGNIFICANT AMOUNT OF ENERGY, SO TO PUT IT IN PERSPECTIVE, YOU CAN SEE THAT THESE BUILDINGS USE EQUIVALENT-- ELECTRICITY OF 100 SINGLE FAMILY
HOMES.
>> WOW, WOW, OK.
LET'S RUN RIGHT THROUGH THESE SLIDES.
>> SO, THIS NEXT SLIDE TALKS ABOUT THE PRIMARY FUNCTION OF THESE EXHAUST FANS IS TWO FOLD.
ONE IS TO DILUTE ANY POTENTIAL CON TA NANT-- CONTAMINANTS AND O OF THE CRUX OF THE VALUE PROPOSITION THE FANS RUN 24 HOURS A DAY SEVEN DAYS A WEEK ON THE ASSUMPTION
THAT LAB AIR IS ALWAYS CONTAMINATED.
>> THAT'S THE ASSUMPTION.
>> LAB AIR IS CLEAR 70% OF THE TIME AND EPA SAYS THAT ASSUMING THE LAB AIR IS CONTAMINATED IS OVERLY CONSERVATIVE AND WILL RESULT IN EXCESSIVE ENERGY USE.
>> OK.
SO WE ARE AT THE POINT WHERE YOU HAVE THE UNIQUE PRODUCT AND YOU HAVE AN APP.
>> YEAH, IT'S A POWERFUL APPLICATION, IT'S VERY SIMPLE TO UNDERSTAND.
WE ESSENTIALLY MONITOR THE CLEANLINESS OF L EXHAUST AIR AND WE TO GOLE BIG EXHAUST FANS AND IT DRIVES SIGNIFICANT ENERGY SAVINGS.
>> SO, REALLY WHEN THE CONTAMINANTS GET TO A CERTAIN LEVEL, THE FAN IS UP AND THE VENTILATE?
>> EXACTLY.
SO KEY TO THIS TECHNOLOGY IS THE ABILITY TO MONITOR HUNDREDS OF CHEMICALS AND WE USE A TECHNOLOGY CALLED PHOTO IONIZATION, AND IT LOOKS AT THE MOLECULES IN THE AIR, PARTS PER
MILLION, IT DOESN'T TELL YOU EXACTLY WHAT THEY ARE, BUT THE CONTAMINATE LEVELS.
>> THAT'S ADVANCED.
>> AND WE HAVE OUR TYPICAL UNDER 24 MONTHS, THE PRODUCT QUALIFIES FOR A REBATE AND WE SEE PROJECTS CASH FLOW NEUTRAL IN A YEAR.
>> HERE IS A SLIDE I'M FASCINATED WITH AND I THINK THE AUDIENCE WILL BE, TOO, AND IT IS-- >> THE AMOUNT OF CO 2 EMISSION REDUCTIONS FROM OUR ENERGY
SAVINGS BASED ON OUR PROJECTIONS THROUGH NEXT YEAR WOULD BE THE EQUIVALENT OF NINE MIL HYDRO ELECTRIC DAMS.
SAY THAT AGAIN?
>> OUR ENERGY SAVINGS BASED ON PROJECTION NEXT YEAR, TO BE EQUIVALENT TO BUILDING NINE DAMS.
>> WHAT'S THE MARKET FOR THIS?
>> IN THE U.S. IT'S BIG, HALF A BILLION AND GLOBALLY TO BE A BILLION DOLLARS.
>> NOT JUST RESEARCH LABORATORIES, BUT HOSPITALS.
HOSPITALS, PHARMACEUTICAL COMPANIES, SCIENCE BUILDING AT UNIVERSITIES AND COLLEGE.
>> YOU'VE BEEN DOING WORK AT UNH.
>> WE DID A BETA INSTALLATION THERE, WHICH IS CRITICAL FOR US TO GET FUNDING FOR OUR INVESTS.
>> AND YOU HAVE A INTEREST FROM EVERSOURCE.