Announcements

Altergy Achieves Record Results

FOLSOM, CA – July 2, 2012 – Altergy is pleased to announce it exceeded Q2 objectives by producing and delivering more than 1.4 megawatts of its Freedom Power fuel cell systems in the calendar quarter ending June 30, 2012.  This record quarter brings the deployed systems to more than 6 megawatts, while Altergy's active and pending deployments total more than 94 megawatts. 

Eric Mettler, Altergy's President and CEO said "This quarter marks the highest production quarter to date, and is a prelude to the balance of the year, where Altergy plans to deliver many more megawatts of Freedom Power Systems including many of our new 7.5 kW system.  This achievement demonstrates the versatility of Altergy's team and the speed at which we can build our products —a direct result of our design for manufacturing practices."

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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.