Greenkote Plc.

www.greenkote.com

Formerly Summet Hi-Tech Coatings

High-Tech Company
Public Company

Graduated from: Incentive

TECH VERTICALS

Automotive, Environment, Materials

General Data

Sector	Cleantech
Company Stage:	Revenue Growth
Established	1999
Number of Employees	20
Reg. Number:	abCDe

DESCRIPTION

Greenkote is the developer of a patented corrosion-blocking, thermal diffusion coating technology – the Greenkote® process. This process is eco-friendly, involving no solvents, heavy metals or acids. Greenkote coatings find many applications in automotive parts, rubber-to-metal molding, mining, oil/gas, fasteners — anywhere corrosion poses a challenge to steel or iron-based components.

TECHNOLOGY

In the Greenkote process, finished metal parts are heated in the presence of proprietary treated zinc alloy powders, causing the powders to sublime (vaporize) and react with the metal part surfaces. This forms a fully-alloyed zinc-iron surface structure that covers the components conformally – even fine threads, recesses and holes. The resulting coating is metallurgically bonded into the surface, providing exceptional corrosion resistance, increased hardness and strong adhesion to paints and other topcoats. Greenkote can also coat small assemblies of parts that include features such as hinges, and still provide uniform coverage. The technology a deviation of Diffusion coatings allows the innovative application of coatings, based with the following advantages over regular diffusion coatings: - 90% less powder. - 50% less energy/Cycle time. - A virtually infinite number of possible coatings can be applied. Thus it is a higher performing, environmentally sounds alternative to other coating technologies such as painting (with and without metal additives), hot dip galvanizing, Chemical Deposition (electro less or by electrolytic), and more specialized methods Such as PVD, CVD diffusion coatings etc.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Construction, Automotive, Oil & Gas, Mining, Aerospace, Rail, Utilities, Bridges, Wind, Solar, Military, Marine, Power Transmission, Transportation

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Brook Park, United States

Address	6435 Eastland Road
City	Brook Park
State/Province	OH
Country	United States
Zip	44142

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Barkan, Israel

Address	6 Haodem St., Barkan Industrial Zone
City	Barkan
Country	Israel
Zip	4482000

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: London, United Kingdom

Address	27 Gloucester Place, LG
City	London
Country	United Kingdom
Zip	W1U 8HU

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Queretaro, Mexico

Address	La Noria No. 104 Parque Industrial Queretaro , Santa Rosa Jauregul,
City	Queretaro
Country	Mexico
Zip	C.P. 76220

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Dr. Mark J. Gore	CEO
Mr. James Thomson	COO & CFO
Mr. Yitzhak Rosenthul	Co-Founder
Mr. Zvi Mendelson	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Owner, Kalran Investments
abC Defghij	Board Member	CEO, Greenkote
abC Defghij	Board Member	COO & CFO, Greenkote

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Reverse Merger

Apr. 20, 2005

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

PIPE

Nov. 01, 2005

Revenue Growth

abCDe

Seed - Extended

Feb. 26, 2000

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe

Seed

Oct. 01, 1999

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Mar. 11, 2007

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jun. 01, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Oct. 01, 1999

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe