Berlin, Germany, Feb 29, 2008 - (ABN Newswire) - Berlin - February 29, 2008. Heliocentris Fuel Cells AG, a leading system integrator for fuel cells, announces that Mr. Uwe Ahrens will leave the Supervisory Board effective February 29. Mr. Thomas Philippiak has been appointed the new member of the Supervisory Board. He will become Mr. Ahrens' successor on February 29. The confirmation of Mr. Philippiak shall be given at the next Annual General Meeting on July 10, 2008.

Mr. Philippiak, who has also become a shareholder of Heliocentris in the private placement in December, 2007 is a managing partner of ebm-papst Mulfingen GmbH & Co. KG. ebm-papst is regarded as a leading global manufacturer of innovative and highly efficient motors and fans. Ventilators are a central component in fuel cell systems as efficient air supply and cooling are among the most important processes in system integration.

Dr. Henrik Colell, CEO of Heliocentris Fuel Cells AG, added, "We are grateful to Mr. Uwe Ahrens for his commitment and support in the past. Having Mr. Philippiak in the Supervisory Board we have gained a personality from an industrial environment that is highly important to the company. The connection with ebm-papst as a global market leader for fans is an enormous opportunity for us and the development of our fuel cell systems."

For further information, please contact:

Heliocentris Fuel Cells AG Dr. András Gosztonyi (CFO) Tel: +49-(0)30-6392-6185 Email: investorrelations@heliocentris.com

About ebm-papst:

The ebm-papst group is the world's leading manufacturer of innovative and highly efficient motors and fans. With a turnover of 1.045 billion EUR in Fiscal 06/07, the company, based in Mulfingen in Germany's Hohenlohe region, surpassed the billion mark for the first time. It employs just under 10.000 people (of which 4.600 are outside Germany) at 17 production facilities (including those in China and the USA) and 57 sales offices. ebm-papst products are represented in many industries, including ventilation, air-conditioning and refrigeration technology, household appliances, heating engineering, in IT/telecommunications applications as well as those in automotive and commercial vehicle engineering.

About Heliocentris Fuel Cells AG:

Heliocentris is a leading provider and system integrator of fuel cells. Educational institutions, universities, research facilities and companies in over 50 countries are among its more than 10,000 clients. These customers already use over 50 items from among Heliocentris' eight product lines today. Worldwide, Heliocentris ranks as one of the market leaders in the field of educational and R&D systems for fuel cells. The width of the offering ranges from educational systems for instruction and studies to integrated laboratory equipment for research and development as well as industrial applications tailored to the client. Fuel cells are considered to be a key technology for the supply of energy by means of renewable energy sources. Fuel cells are environmentally friendly electrochemical energy converters which transform chemical energy directly into electricity and heat with a high level of efficiency. As a pioneer in its field, Heliocentris possesses a wealth of long-time experience in the development, production and marketing of this significant technology of the future. The company is headquartered in Berlin, Germany. A subsidiary in Vancouver, Canada, serves the American market.

Disclaimer This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Fuel Cells AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.

The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.



LINK: http://hugin.info/138630/R/1196946/243478.pdf

Copyright © Hugin AS 2008. All rights reserved.

Heliocentris Fuel Cells AG

http://www.heliocentris.com

ISIN: DE000A0HMWH7

Stock Identifier: GER.H2FG

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