Confirming Tax Abatement - 511 East Colfax & 210 North Niles - Odyssian Technology 5 Year

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NAME ADDRESS INTEREST Odyssian Technology LLC 15270 Timber Trail Mishawaka, IN 100% (b) The following other persons lease, intend to lease, or have an option to buy this Equipment (include corporate information as required in (4) (a) above, if applicable): NAME ADDRESS INTEREST 5. Give a brief description of the overall nature of the business and of the operations occurring at the location for which tax abatement is requested: Odyssian Technology began operations in February 2003 as a result of an Indiana 215 Century Research and Technology Fund grant. Odyssian Technology is a high technology company focused on technology innovation and creative product development related to advanced lightweight composites, multifunctional structure, smart structure, and integrated systems. Odyssian is involved in developing technology and products for both the military and consumer market place. Exciting work is underway in the development of: hand launched aircraft with structurally integrated systems f_o_r_ use in surveillance, communications support, and aerial mapping; advanced lipuid/gas containment systems with integrated leak detection sensors for use in preventing the leakage of toxic and environmentally damaging chemicals; thin film igniters for use in improving the reliability of missile batteries, parachute deployment, and airbag safety systems; and various other products involving the integration of electronic/electrical systems into structure, housing, and devices.- _ Odyssian Technology has leveraged its Indiana 21'~ Century grant to win several federally funded Small Business Innovation Research (SBIR) programs. Often Odyssian Technology teams with Indiana based universities, businesses, agencies, and consultants during the pursuit and performance of our technology development programs. Odyssian has worked with the University of Notre Dame, Purdue University, Rose-Hulman Institute of Technology, Crane Navel Surface Warfare Center, Diversified Systems _ of Indianapolis, as well as, multiple consulting professionals and professors from within Indiana. In addition, we have worked with government and business organizations outside of Indiana including, The Boeing Company, EaglePicher, Space Vehicle Directorate of the Air Force Research Laboratory (AFRL), Propulsion Directorate of the AFRL, Aeronautical Systems Command, and Air Vehicle Directorate of the AFRL. 6. The commonly known address of the property where the Equipment is to be located is: 511 E. Colfax & 210 Niles Ave. (Revised 8/2/02)