:
+,7(
3
$3(5
FRQW©G
&RPSDT:RUNVWDWLRQV¤0XOWLSURFHVVLQJ,QLWLDWLYH
0
8/7,352&(66,1*,1%5,()
,QDPXOWLSURFHVVLQJV\VWHPWKHRSHUDWLQJV\VWHPFDQVKDUHWKHV\VWHP©VKDUGZDUHUHVRXUFHV
DPRQJPXOWLSOHSURFHVVHVRUDSSOLFDWLRQV3DUWVRIDQDSSOLFDWLRQFDQEHVSOLWEHWZHHQWZRRU
PRUHSURFHVVRUVRUPXOWLSOHDSSOLFDWLRQVFDQUXQVLPXOWDQHRXVO\RQPXOWLSOHSURFHVVRUV$
PRUHVRSKLVWLFDWHGIRUPRIPXOWLSURFHVVLQJLVSDUDOOHOSURFHVVLQJLQZKLFKDVLQJOHDSSOLFDWLRQ
UXQQLQJRQDPXOWLSOHSURFHVVRUV\VWHPKDUQHVVHVDOORIWKHDYDLODEOHFRPSXWDWLRQDOSRZHUWR
DFFHOHUDWHSHUIRUPDQFH,69SDUWQHUVLQWKH03,QLWLDWLYHKDYHXVHGSDUDOOHOSURFHVVLQJ
WHFKQLTXHVVXFKDVPXOWLWKUHDGLQJDQGPHVVDJHSDVVLQJWRDFFRPSOLVKWKLVZLWKWKHHPSKDVLVRQ
PXOWLWKUHDGLQJ
08/7,352&(66,1*75(1'6
7KHUHDUHVHYHUDOWUHQGVLQWKHLQGXVWU\WKDWVXSSRUWHYHQWXDOZLGHVSUHDGDGRSWLRQRI
PXOWLSURFHVVLQJRQ17,$ZRUNVWDWLRQV
x 3HUYDVLYH/RZ&RVW7HFKQRORJ\1RQHRIWKHSOD\HUVLQWKHIUDJPHQWHG5,6&8QL[
ZRUNVWDWLRQEXVLQHVVKDVHYHUUHDFKHGWKHXQLWYROXPHVUHTXLUHGWRGULYHWKHUDSLGLQGXVWU\
VWDQGDUGVEDVHGLQQRYDWLRQWKDWZHVHHWRGD\LQWKH17,$ZRUNVWDWLRQEXVLQHVV2QHRIWKH
EHQHILWVWRHQGXVHUVRI17,$ZRUNVWDWLRQVZLOOEHWKHDYDLODELOLW\IURPPXOWLSOHYHQGRUV
RIDIIRUGDEOHIRXUSURFHVVRUV\VWHPVE\WKHHQGRIWKHGHFDGH:LWKWKHODXQFKRIWKHIRXU
SURFHVVRU&RPSDT3URIHVVLRQDO:RUNVWDWLRQLQ-XQH&RPSDTLVFOHDUO\OHDGLQJ
WKLVWUHQG&RPSDT©VHQWLUH3URIHVVLRQDO:RUNVWDWLRQSURGXFWOLQHIURPWKHHQWU\OHYHO
WKURXJKWKHPLGUDQJHDQGKLJKHQGDOOVXSSRUWPXOWLSURFHVVLQJ
x /RZ&RVWRI2ZQHUVKLS7KHORZFRVWRIWKH17,$ZRUNVWDWLRQVZLOODOVRH[WHQGWR
PXOWLSURFHVVLQJ&XUUHQWDGGRQSURFHVVRUSULFHVIRU5,6&8QL[ZRUNVWDWLRQVVWLOOUDQJH
IURP.ZKLOHLQ17,$V\VWHPVWKH\ZLOOEHFORVHUWR6XQLVFKDUJLQJ
IRUWKHVHFRQGSURFHVVRUPD[LPXPFRQILJXUDWLRQLQ]8OWUD
ZRUNVWDWLRQV
7KHVHSXUFKDVHFRVWFKDQJHVZLOOPDNHLWHDVLHUIRU,7DQGWHFKQLFDO
PDQDJHPHQWWRMXVWLI\GHSOR\LQJPXOWLSOHSURFHVVRUGHVNWRSVZKHQFRQVLGHUHGLQ
FRQMXQFWLRQZLWKWKHSHUIRUPDQFHQHHGVRIWKHLUXVHUV
x 6WDQGDUG$UFKLWHFWXUH,QWKH17,$ZRUNVWDWLRQEXVLQHVVWKHUHLVDVWDQGDUGIRU
PXOWLWKUHDGLQJLQFRQWUDVWWR5,6&8QL[ZKHUHVRPHYHQGRUVKDYHWKUHDGVHDFKZLWKD
GLIIHUHQWLPSOHPHQWDWLRQDQGRWKHUVGRQ©W,QDGGLWLRQ03,QLWLDWLYHSDUWQHUVVXFKDV
.XFN $VVRFLDWHV,QFKDYHLQWURGXFHGSURGXFWVOLNHWKH.$33UR7RROVHWZKLFKIDFLOLWDWH
PLJUDWLRQRISDUDOOHOFRGHVIURPOHJDF\V\VWHPVDVZHOODVWKHFUHDWLRQRIQHZSDUDOOHOFRGHV
RQ17,$
x ,69V5HDG\IRU03,69VWKDWKDYHLQFXUUHGWKHFRVWDQGFRPSOH[LW\RIVXSSRUWLQJ
PXOWLSOH5,6&8QL[PXOWLSURFHVVLQJLPSOHPHQWDWLRQVLQWKHSDVWDUHQRZDWWUDFWHGWRWKH
EXVLQHVVPRGHODQGFRVWVDYLQJVDVVRFLDWHGZLWKDVLQJOHLPSOHPHQWDWLRQEDVHGRQ17,$
,QDGGLWLRQRWKHU,69VWKDWKDYHQHYHUKDGWKHUHVRXUFHVWRDWWHPSWDPXOWLWKUHDGLQJ
LPSOHPHQWDWLRQRQDQ\RI5,6&8QL[DUFKLWHFWXUHVEXWWKDWKDYHFXVWRPHUVZKRFUDYH
SHUIRUPDQFHVFDODELOLW\ZLOOQRZSULRULWL]HDPXOWLWKUHDGLQJHIIRUWLQWRWKHLUGHYHORSPHQW
SODQV
6XQ0LFURV\VWHPV,QFSUHVVUHOHDVHGDWHG$SULOZLWK8OWUD0RGHOSULFHGDWDQG
0RGHODW
