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Altergy Prominently Featured in Three Recent International News Articles

Folsom CA, January 6, 2012 – Altergy continues to receive international media attention by being featured in three major news articles about the expanding global fuel cell market.

ThomasNet News' recent article "More Companies Bypassing Electric Grid Inefficiencies With Fuel Cells" reports that "large companies have recently embarked on fuel cell projects or broadened their existing investments in fuel cell technologies for both their internal operations and their retail storefronts." it adds "No longer an experimental or mere conversation-starter technology, fuel cells are being used in some of the most prominent U.S. manufacturing, service sector and retail companies."

The report then focuses on Altergy's involvement with Time Warner Cable stating "In its first foray into fuel cell technology, Time Warner recently installed an Altergy Freedom Power backup fuel cell system at a facility in Palm Springs, California. The plan is to be able to continue to supply service subscribers – particularly critical Internet phone service to make sure customers don't lose the ability to call 911 in a power outage – during storm events that involve power outages. The new fuel cell is replacing an existing back-up system of dirty diesel generators and liquid fuel."

Another article in BusinessDay reports that South African company Anglo American Platinum's (Amplats) "first investment was with Altergy to make and market cells in sub-Saharan Africa." It further states that with this partnership  "South Africa could become a global leader in fuel cells" and that "the outlook for the technology is bright".  It adds, that according to Fuel Cell Today, "By 2015, conservative estimates see upwards of 25000 units sold per year in each of the stationary and transport sectors."

Finally, an article in ESI-AFRICA.COM states that "Amplats created a fuel cell joint venture with the Department of Science and Technology (South Africa), as well as US fuel cell specialist Altergy Systems, to develop new applications for fuel cells."
Amplats CEO Cynthia Carroll stated "Momentum is building in the global fuel cell market to accelerate the application of this proven and versatile technology," she adds "Fuel cell demonstration projects are underway around the country (South Africa) and it has the necessary manufacturing and engineering expertise. The window of opportunity to make this happen is now."

Eric Mettler, President and CEO of Altergy stated: "Altergy continues to be at the global forefront of cutting edge fuel cell technology. We are expanding our presence not only in South Africa, but throughout the entire world, as well." he adds "We're very pleased to see the international media and marketplace recognizing the importance of Altergy's reliable and proven fuel cells. We're proud to be changing the way the world gets its power."

 

*Sources: ThomasNet News, BusinessDay, Esi-Africa.com

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About Altergy

Altergy Systems® is the global leader in the design, manufacture, sales, marketing and deployment of fuel cell based clean energy systems.  Altergy's Freedom Power™ products provide freedom from the grid, freedom from foreign oil, freedom from traditional energy solutions, freedom from batteries and freedom from pollution and are "Changing the Way the World Gets Its Power."

For more information about Altergy Systems, visit www.altergy.com.

Altergy, Altergy Systems, and Freedom Power are trademarks of Altergy Systems. Copyright © 2001-2012 Altergy Systems.  All Rights Reserved. Other names or logos used herein are trademarks of the parties indicated.

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Media Contact:

Mickey Oros
916.458.9412
mickey.oros@altergy.com

 

Caution Concerning Forward-Looking Statements

This press release (and oral statements made regarding the subjects of this release) contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act) which may include, but are not limited to, statements regarding Altergy’s earnings estimates, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as “believe,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions. All statements addressing operating performance, events, or developments that Altergy expects or anticipates will occur in the future are based on management's current views and assumptions regarding future events and operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies and changes in circumstances, many of which are beyond Altergy’s control. The statements in this press release are made as of the date of this press release, even if subsequently made available by Altergy on its website or otherwise. Altergy does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release. Although Altergy does not make forward-looking statements unless it believes it has a reasonable basis for doing so, Altergy cannot guarantee their accuracy. The foregoing factors, among others, could cause actual results to differ materially from those described in these forward-looking statements.

 

 
  
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