Targeted Microwave Solutions Inc.

Targeted Microwave Solutions Inc. (“TMS” or the “Company”) is the developer of a proprietary material processing technology that utilizes dielectric (microwave) heating to upgrade the commercial value of raw materials and industrial aggregates such as renewable biomass, mineral ores, clays, and high moisture sub-bituminous and lignite coals. Unlike traditional microwave technologies that process materials on a horizontal conveyor belt, the TMS system is based on a vertical platform with no moving parts, allowing for the handling and microwave processing of industrial aggregates at high throughput rates. By heating materials from the “inside-out”, the TMS technology possesses a unique advantage over traditional thermal drying technologies, including the ability to heat, dehydrate, re-size, and sterilize industrial aggregates at superior efficiency rates and throughput capacity. Additionally, as part of the Company’s commitment to reducing the impact of the mineral processing industry on the environment, the TMS technology is designed to capture, filter, and condense water removed from materials during processing.