Page 55 - E-ATS (A)

3: What is your relationship with the Scientist in Leeds?

How did you meet him and what does he offer the company in exchange for the
shares you have given him? Moreover , what is he going to do in the future?

3-a.: The scientist in Leeds is an expert in produt designing, production,
mechanical and electronic engineering. He will assist the lead scientist in
production and product development. He will also bring finance, his expertise,
skill, experience , his own patent and ideas. He has access to the African
market.

4: You mentioned ‘Your people in Africa’ who -----------------are they?

4-a: Business and accademic network.

At what level do these contacts operate? What do they offer in terms of developing the
company and its products/markets?

4-b.: Things are in their initial stage. We will discuss the things together to
develope a proper strategy.

What market are you really targeting and why?

4-c.: Initially Euro-ATS will operate in the local market and in South Asia. Our
market research shows that the product is in demand in the above mentioned
markets.

5: Where are you getting the finance to develop the company and how are you
going to secure this?

5-a.: At this moment we are considering all the possible options such as Public
funding, private funding, bank loan, angel investors etc. Again we will work
together to make the right decision.

6: Where are you sourcing the component parts and at what cost?

6-a.: Component parts can locally be sourced apart from some special parts for
which the scientists are already in contact with the producer. For information on
Cost of production per unit please follow the costing document.