ENECO is a U.S. company that has developed a breakthrough in energy conversion. Its Thermal Chip - a new type of semiconductor - can efficiently and cost effectively convert heat into electricity, leading to substantial energy savings and a reduction in harmful emissions. The Thermal Chip is in some respects similar to a fuel cell, but a fuel cell converts the chemical energy of a fuel to electricity whereas a Thermal Chip converts heat energy to electricity. Its energy density (a measure of power production for a given weight or size) is 5 times better than current lithium-ion-batteries and 2-4 times better than future micro fuel cell capabilities projected for 2010. The Company has broad protection from a spread of US and international patents. The Thermal Chip has the following key characteristics: * Energy density efficiencies far in excess of all other available technologies. * Reduced weight and size to fit with the new portable power needs of consumer electronics. * Semiconductor technology that allows for efficient manufacturing, high reliability, long life, and low maintenance. * Ability to convert waste heat economically and directly into electric power without moving parts to wear or make noise. * Readily scaleable from very small to very large applications without losing efficiency or cost effectiveness.