Announcements

Woodrow W. (“Woody”) Clark II, MA3, Ph.D.
Joins Altergy Board of Advisors

GOLD RIVER, California – October 3, 2005 – Altergy Systems President and CEO Eric Mettler today welcomed esteemed energy economist Woodrow W. (“Woody”) Clark II, MA3, Ph.D. to the Company’s Board of Advisors. The co-founder of the California Stationary Fuel Cell Collaborative and leader of the “Hydrogen Highway” Initiative is expected to contribute to Altergy’s alternative energy leadership.

Dr. Clark is a qualitative economist whose book, Agile Energy Systems: Global Lessons from the California Energy Crisis (co-author, Prof. Ted Bradshaw, University of California at Davis), was published by Elsevier Press, UK in October, 2004. His current book, Qualitative Economics: Toward a Science of Economics (with Prof. Michael Fast, Aalborg University, Denmark), is due out in 2006. A Fulbright Scholar, Clark earned master’s degrees at the University of Illinois-Urbana, Roosevelt University and Loyola University-Chicago, and his Ph.D. at the University of California at Berkeley. He is a member of the National Academy of Sciences panel, “Hybrid Mass Transit Systems.” Clark served as Senior Policy Advisor for Energy Reliability to California Governor Gray Davis (2000-2003) with a focus on renewable generation, advanced technologies and finance.

Clark co-founded the California Stationary Fuel Cell Collaborative; helped to start the State of California’s efforts on “green” public buildings and sustainable historic buildings, and started the “Hydrogen Highway” Initiative (2003) for the State. His white paper on “California's Next Economy” (2003) stands as a benchmark for the State's economic growth. Clark was Manager of Strategic Planning for Energy at the Lawrence Livermore National Laboratory during the 1990s. He has an international reputation as a leader, author and implementer in renewable energy, emerging technologies and economic development.

Clark founded Clark Communications in San Francisco (1980) and is now Managing Director in Los Angeles, California, with clients in Asia, Europe and the U.S. Dr. Clark’s additional engagements include: Los Angeles Community College District, as Director of Renewable Energy buildings on its nine campuses, with a $2.3 billion bond measure; Senior Fellow, Environmental Finance at the Milken Institute in Santa Monica, California; Adjunct Professor, Graduate School of Business, Pepperdine University; Chair of the Science and Technology Team for Green Hydrogen (with Jeremy Rifkin); and Co-Founder, Chair of Advisory Board, Pianeta srl, a renewable energy company in Settimo, Italy, India and the People's Republic of China.

About Altergy

Altergy Systems® engages in the design, manufacture, marketing and service of proprietary fuel cell power products that are changing the way the world gets its power. 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. These low cost, robust, fully integrated, and high efficiency fuel cell systems generate power at the point-of-use, making low cost, distributed power generation a reality. Altergy's Freedom Power products are a solution to the serious global shortage of premium power and growing demand for low cost, high quality power.

More information about Altergy Systems is available at www.altergy.com .

Altergy, Altergy Systems and Freedom Power are trademarks of Altergy Systems.
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