We provide legal services of the highest caliber in areas including energy and power, private equity, corporate finance, project finance, M&A, taxation, employment, litigation, insolvency, environmental law, intellectual property and technology, and real estate.

Torys lawyers take pride in helping clients create and implement effective solutions to increasingly complex problems that transcend borders and legal systems.

• Daily and weekly news services
• On-line jobs specific to professionals in the power industry
• In-depth directories and reports
• Upcoming conferences and seminars
• Industry insight, analysis and commentary

NextWave Energy provides professional advisory services to emerging energy-related ventures. We create value by helping growing enterprises assemble essential elements for profitable success in the energy marketplace: a sound strategy and solid legal/organizational platform, founded upon strong industry-specific business acumen, to attract customers and the required management and capital resources.

Electro Energy Inc., founded in 1992, is an engineering, technology and manufacturing organization, dedicated to meeting its customers' needs with proprietary battery technologies and associated systems. EEI has extensive capability and a background of past success. EEI has developed and is commercializing its bipolar nickel-metal hydride rechargeable battery. EEI has been issued seven U.S. and three foreign patents, with additional worldwide filings in process. The EEI product line is uniquely designed to generate greater energy in less space, featuring products that are lighter, more affordable, and longer lasting than conventional technologies. EEI also recently aquired the NiCd battery facility of Eagle-Picher Technologies in Colorado Springs, CO. giving EEI a mature product offering for government satellite systems and legacy military aircraft, enhancing its overall capabilities.

Electric City is a leading developer, manufacturer and integrator of energy savings technologies and building automation systems. The Company currently markets the EnergySaver(TM), the GlobalCommander® and a full line of energy retrofit technologies, as well as its independent development of scalable, negative power systems under the trade name, Virtual "Negawatt" Power Plant "VNPP"®. The Company recently announced its first VNPP development -- a 50 Megawatt, negative power system for Commonwealth Edison in northern Illinois, a second system in the Denver area for Xcel Energy and a third system in Ontario, Canada with Enersource. Electric City is based in Elk Grove Village, Illinois and is traded on The American Stock Exchange under the symbol ELC.

WellDog has developed a new natural gas exploration technology that identifies and quantifies natural gas and other chemicals in harsh environments and in complex geologic formations. The company has applied this technology first to measuring natural gas in coalbeds. Coalbed natural gas is the fastest growing sector of natural gas production.

Heller Ehrman Venture Law Group is a leader in serving the renewable energy and energy-efficient technologies field, combining a nationally recognized emerging technology practice with 20 years of experience in the energy industry.

Ice Energy manufactures an efficient, affordable, off-the-shelf Distributed Energy Storage module that saves money and reduces peak demand on the grid. The Ice Bear offsets the need for new peak power plants and transmission and virtually eliminates on-peak air conditioning electric demand by shifting energy consumption to lower priced off-peak hours. Our patented technology reduces the cooling portion of demand based electric bills by as much as 90% without requiring changes to behavior, obtaining environmental emissions permits, or installing new utility interconnections. In many applications, overall energy usage may be reduced, satisfying environmentally concerned commercial and residential consumers. Ice Energy customers use electricity off-peak, when electric demand and energy prices are low, to make ice using their HVAC's compressor, and release that stored energy to provide reliable air conditioning during the day. The Ice Bear is the first product to complement the high volume unitary (central or packaged) air conditioning market. Prototypes were benchmarked by the National Institute of Standards and Technology and field tested by the Electric Power Research Institute and National Rural Electric Cooperatives Association, under a grant by the US Department of Energy, Office of Innovations and Technology. Ice Energy is planning for volume manufacturing in the Q3 '04.

Pentadyne Power Corporation designs, manufactures and markets advanced flywheel energy storage systems that provide ride-through power and voltage stabilization for power quality and power recycling applications. Our customers include Digital Economy/Telecom, Industrial & Essential Services, Commercial, Electric Rail, and Electric Utility companies. Designed to provide high power output and energy storage in a compact, self contained package, Pentadyne flywheels are a long lasting, low maintenance, lightweight, and environmentally sound alternative to conventional batteries.

Airlift Services International was originally founded in 1997 with the direct purpose of developing a new, economically feasible solution to oil production in stripper oil wells. Oil production of shallow stripper wells has dramatically decreased as a result of dated production technology and high maintenance costs. Since 1994, Energy, Inc., a small independent oil production company, steadfastly tried to produce oil using standard approaches. High production and maintenance costs in the oil market removed any chance of profitability within the stripper well segment. Accordingly, Energy, Inc. provided the first test sites for development of the Airlift Oil Pumping System. Dr. John Marvel, President of Energy, Inc., believed that if he could pump oil using compressed air, it would dramatically increase profits through the lowering of production maintenance costs. Funded internally and in receipt of a Department of Energy grant of $75,000, Dr. Marvel assembled a team of engineers to develop the Airlift Oil Pumping System. After five years of testing, three generations of product development, product field testing success, patents and patents pending in the U.S., patents with the Gulf Council Consortium (GCC), and additional provisional worldwide patent status, the Airlift Oil Pumping System is moving into commercialization.

The first company to offer every U.S. home and business a way to reduce the environmental impact of regular electricity production, Sterling Planet leads the nation in retail sales of renewable energy kilowatthours. Since 2001, Sterling Planet has sold to homes and businesses nationwide more than 1 billion kilowatthours of renewable energy, representing enough energy to power 95,000 homes for a full year and offset 720,000 tons of CO2. The environmental benefit compares to not driving 1.6 billion miles or taking 126,000 cars off U.S. roads. Sterling Planet is also the nation's leader in partnering with electric utilities and businesses to market renewable energy. Currently, Sterling Planet has 18 utility partners nationwide in Florida, Massachusetts, New York and Rhode Island. Sterling Planet's mission is to harness the power of consumer demand to convert at least 10% of the nation's electricity production to environmentally preferable energy that is renewable, diverse, domestically based and low impact by 2012, while stimulating local economies and creating jobs. Over the past 16 years, our management has developed many types of renewable plants, including biomass, small hydro and solar facilities and in-depth knowledge of the renewable energy business is a major differentiator for us.

SATEC is well established in the power monitoring, metering and energy management arena, supplying utilities and industrials in the US and over 40 countries. It offers a complete line of energy and asset management solutions, comprising a comprehensive range of digital, microprocessor based, multi-function three-phase power measurement instruments and the Expert Power web based energy management service. There is a growing reputation for innovation, high quality and price competitiveness, driving consistent year on year growth (50% in 2004). SATEC employs leaders with extensive utility and industry experience and invests heavily in R&D. With a strong technical base in Israel, success can be seen from the impressive customer list. Products have been installed in over 30 large electric utilities and industrial users in the US. Expert Power was launched in 2003 and has generated strong interest with over 40 customers already online. With innovation and technological edge, SATEC aims to become the leading provider of advanced meters and outsourced data management services for the electricity power industry. Over the next five years, the large-scale deployment of Expert Power by utilities and industrial/commercial customers will drive significant growth, creating a strong stream of annuity service-based revenues.

ISOPur is a Connecticut, USA-based design and manufacturing company, commercializing a patented process for ultra purification of oils and other non-conducting fluids. ISOPur sells capital equipment to end customers, distributors, and OEM manufacturers. ISOPur removes submicron contaminant particles which cannot be removed from similarly priced standard filtration systems.

ISOPur delivers this technology as part of filtration skids comprising pumps, controls, proprietary technology modules, and filters as standard systems, and in large custom systems for biodiesel production and other chemical processes.

Markets include hydraulic and lube oil filtration for power industry (focus on gas turbines and wind turbines), pulp and paper, and other heavy industry; biodiesel and methyl ester production from seed oil and follow-on processes; transformer dielectric fluid (especially tap changers); cooking oil in commercial frying operations (especially in Japan).

Revenue has grown from $670K in 2002, to $1 million in 2003, with forecast of $2.5 million in 2004, and targeted growth to $20 million in 2007. Losses in 2002 were $2.6 million, increasing to $4.3 million in 2003. Losses are now decreasing quarterly with a current run rate of $3.4 million, and breakeven forecast for mid-2006.

With energy prices climbing and supplies less than certain, a growing number of building occupants, owners and designers are seeking high efficiency cooling and heating systems. AEP was formed to commercialize and market proprietary, innovative NVAC equipment for residential and commercial markets. AEP is a spinoff of Davis Energy Group (DEG), a well established, 20 year old energy engineering firm. Over the last five years, DEG has developed three proprietary products now ready for commercialization with completed beta tests and proven results:

• HyPak - A commercial rooftop unit that cuts cooling energy use by half
• IDEC - A sophisticated two-stage residential evaporative cooler that cuts cooling energy use 80% to 90%
• NightBreeze - A residential ventilation cooling system that enhances indoor air quality and can cut peak cooling energy demand upwards of 30%