Presentation of the new SLIPS technology for sticky problems by Phil and Scot of Slips technologies

1. © 2014-2015 SLIPS Technologies, Inc. Confidential
April 12, 2015
Slippery Solutions for Sticky Problems™
SLIPS™ and Slippery Solutions for Sticky Problems™ are Trademarks of SLIPS Technologies, Inc.
To watch movies in this presentation, visit:
http://www.slipstechnologies.com/about-slips/

2. © 2014-2015 SLIPS Technologies, Inc. Confidential2
About SLIPS Technologies, Inc.
products stick
inside containers
bacteria stick to
medical devices
barnacles stick
to boat hulls
ice sticks to heat
exchangers
• Launched Oct 2014 with $3M Series A led by BASF VC
• Raising $7.5M Series B – fund beta product launch
materials stick to
process equipment
• Materials & coatings products with fully-slippery surfaces
• Repel virtually all fluids and biological fouling agents
• Specialty coatings market = $120B, 5% CAGR
• Extensive patent portfolio – Harvard licenses plus own filings
• Industrial, medical and consumer applications, e.g.:

3. © 2014-2015 SLIPS Technologies, Inc. Confidential3
First Year Accomplishments
• 2 lead product formulations developed
• 400+ customer interactions (mostly inbound)
• 25+ paid evaluations/development programs
• 7 successful field tests
• $575K in grant funding (ARPA-E)

4. © 2014-2015 SLIPS Technologies, Inc. Confidential4
The SLIPS™ Difference: Liquid Surface Interface
Solid surfaces
are rough and have
many pinning points
Unwanted fluids or
biological foulants get stuck
and “smear” a solid surface
Unwanted fluids or
biological foulants slide off a
SLIPS liquid film surfaceSLIPS™ surfaces have
a stable & immobilized
liquid lubricant
overlayer,
a smooth & slippery
fully-liquid surface

5. © 2014-2015 SLIPS Technologies, Inc. Confidential5
SLIPS™ vs. Alternatives
Teflon® solid surfaces: chemically inert, but not
that slippery; relatively durable
Structured [lotus leaf] solid surfaces:
superhydrophobic but don’t repel much
else; can easily become super-wet; fragile
SLIPS™ liquid surfaces: 100% liquid interface,
super slippery and omniphobic; self-healing
and easy-clean, not permanent but re-
plenishable

6. © 2014-2015 SLIPS Technologies, Inc. Confidential6
Two Product Formulations
Polymer matrix
with self-
replenishing
lubricant
reservoir
SLIPS™
Liquid
Lubricant
Film
Overlayer
Metal, plastic,
glass, ceramic
substrate
Formats: spray, paint, film, curable mixtures
S-SLIPS R-SLIPS

7. © 2014-2015 SLIPS Technologies, Inc. Confidential7
Solid Patent Position
• 9 patent families exclusively licensed from
Harvard (Jan’11 priority)
• 2 foundational patents granted* - broad claims
– articles with a slippery liquid overlayer
– methods of making SLIPS
– uses of SLIPS
• Company-owned patent filings
– compositions of matter
– methods and uses
*9,121,306 & 9,121,307

8. © 2014-2015 SLIPS Technologies, Inc. Confidential8
• SLIPS™ Product Sales
– manufacture via toll partners
– sales and distribution direct or with partners
– examples: marine paint, ice-release film, easy-release
bags/pouches, slippery tubings/O-rings
• SLIPS™ Product Royalties
– License SLIPS to customers for specific applications
– example: SLIPS for lubricious shaving cartridge
How We Make Money

9. © 2014-2015 SLIPS Technologies, Inc. Confidential9
Series B
• $7.5M to fund β product launches by 2017
– $5M for SLIPS marine anti-fouling products
– $2.5M for SLIPS product extensions
• down-select 1 additional SLIPS product opportunity
• execute 4 licensing deals
• Close in late 2016
• Series A post-money: $5.2M
– Led by BASF Venture Capital
– Co-investor: Hansjörg Wyss Trust

10. © 2014-2015 SLIPS Technologies, Inc. Confidential10
SLIPS Product Development
Refine products &
manufacturability
based on customer
field testing
• 6+ months
performance
• Repellency of 10+
industrial foulants
11/2014 company
launched after 3yr
incubation at
Harvard/Wyss
2015 2016 2017 2018
Aug, 2015
α-products launched
(200+ formulations,
spray,brush-on, film)
Industrial R&D
(lab to market)
Product
Development
Scale-UpDiscovery
β-
Product
Launch
β-products launch;
complete QC, shelf-life,
scale up, (& regulatory
registration as needed)
Secure toll manufacturing and
distribution partners – position
for market deploymentPoC
demonstrations in
customer settings
SLIPS β-productsSLIPS α-products

11. © 2014-2015 SLIPS Technologies, Inc. Confidential11
Customer-Funded Pipeline
Viscous fluid
release in
manufacturing
& containers
Non-fouling
submerged
lenses (e.g.
endoscopes)
Frost & ice
release - heat
exchangers
and roofs
Liquid barrier
for cement
and concrete
1st Target Market
(Marine)
Lubricious
disposable
consumer
product
2nd Target Market
(TBD)
Licensing
Opportunities
Non-stick
biological
growth media
labware
Medical
Devices (e.g.
drainage
catheters)

12. © 2014-2015 SLIPS Technologies, Inc. Confidential12
1st Product: Marine Foul-Impede Paint
• Initial focus on merchant vessels - $3.5B
• Big adjacent markets: recreational vessels, aquaculture
• Opportunity for $30M revenues in 2020
• Non-toxic
FuelEfficiency
1yr 2yrs 3yrs
$20B Fuel Penalty
90% of
market
uses toxic
Cu-based
paints

13. © 2014-2015 SLIPS Technologies, Inc. Confidential13
• 90% (86,000) of merchant vessels that run “slow” (<15 knots)
• Foul-release non-toxic alternatives to Cu are limited in this regime
– too soft for many applications
– high ownership costs
• Large adjacent market opportunities
– other vessels (Navy, recreational)
– aquaculture
– submerged structures
Opportunity:
SLIPS Solution: Foul-Impede Coatings
• Non-toxic but with similar costs to Cu
• Smooth, low drag, tough
• Effective for slow vessels
Marine Foul-Impede Paint

14. © 2014-2015 SLIPS Technologies, Inc. Confidential14
Good Field Test Results
Status and Plan
• NDSU Center for Nanoscale Science & Engineering
“SLIPS are one of only a handful of next generation, ecofriendly materials I
have come across that pose a clear and present danger to marine biofouling
—barnacles beware.” Shane Stafslien, Director, Bioactive Materials Research Lab
• 1-year static test (Boston area harbor), >95% removal
• Effectively no barnacle adhesion in dynamic field tests (2 mths)
• β product development & formulation optimization in process
• JV/JDP discussions with several strategic partners
• ARPA-E grant received (total $575K), additional $5M pitched
• Dynamic testing in progress Q2’16
• First installation on ship hull Q3’16
• $30M revenues by 2020
Marine Foul-Impede Paint (cont’d)

15. © 2014-2015 SLIPS Technologies, Inc. Confidential15
Leadership
Philseok Kim, Ph.D., Co-Founder and CTO
Inventor, technologist, scientist
Daniel Behr, CEO
Entrepreneur, venture investor, commercialization specialist;
Dozens of startups in the physical sciences and the life sciences
Scott Healey, VP Business Development
Business and sales developer, industrial and consumer
Michael Laine, VP Business Development
Business and sales developer, marine and medical

16. © 2014-2015 SLIPS Technologies, Inc. Confidential16
BoD and Advisors
Joanna Aizenberg, Ph.D.
Co-founder, Director, Chair of SAB;
Professor of Materials Science, Chemistry
and Chemical Biology at Harvard
George Whitesides, Ph.D.
SAB Member; Professor of Chemistry at
Harvard; co-founder of Genzyme,
GelTex, Theravance
David Ward
Director & Chairman; Managing
Partner at MTI Ventures
Michael Nettersheim, Ph.D.
Director; Investment Manger at BASF
Venture Capital
Andrew Stevenson, MBA
Director; Managing Partner at
Timberline Management and Stevenson
Family Investments
Jens Rieger, Ph.D.
SAB Member; Senior VP of Advanced
Materials and Systems Research at BASF
John Hartnett
Medical Advisor; Tepha Biomaterials,
prior Boston Scientific
Cheryl Martin, Ph.D. (pending)
Coatings Advisor; prior Rohm & Haas,
ARPA-E, Kleiner Perkins

17. © 2014-2015 SLIPS Technologies, Inc. Confidential17
Thank you
http://www.slipstechnologies.com
@slipstech
https://www.youtube.com/channel/UCUymG-sod4UP8oo72SSVuWg
www.facebook.com/slipstech
www.linkedin.com/company/slips-technologies
+1 (617) 360-7080
Philseok Kim, CTO: phil@slipstechnologies.com
Scott Healey, VP of Business Development: scott@slipstechnologies.com