IET has an agreement with Battelle Memorial Institute ("BMI"), a shareholder of the Company, pursuant to which BMI will act as a supplier of technical support and potential customer contacts.

BMI is a nonprofit international technology company with headquarters in Columbus, Ohio. It is a multidisciplinary research organization and is recognized as a world leader in technology research and development associated with the environment, energy, national security, health and technology management consulting. BMI has a worldwide staff of approximately 8,000 scientists, engineers, and supporting specialists, and a business volume of more than $750 million a year. BMI's major technology centers are located in Columbus, Ohio; Richland, Washington; Amarillo, Texas; Frankfurt, Germany; Brookhaven, New York, and Geneva, Switzerland. Battelle PNNL, located near IET's Technology Center in Richland, Washington, is operated by BMI.

Battelle PNNL is one of the United States' national laboratories performing research and development in the areas of national defense, energy and the environment, among others. Battelle PNNL pioneered the development of the joule heated glass melter technology for nuclear waste immobilization and has over thirty years of experience in the field of waste vitrification, glass chemistry, and melter design and deployment. It is the premier research center for waste glassification. The BMI staff also has extensive experience and expertise in the area of combustion and biomass gasification.

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