Announcements

Altergy Appoints Al L. Stevens Vice President, Supply Chain Management

GOLD RIVER, California –June 1, 2004 – Altergy Systems today announced the appointment of Al L. Stevens as Vice President, Supply Chain Management. Mr. Stevens, who reports to President and CEO Eric Mettler, will establish and manage the organization’s supplier relationships and oversee the Company’s materials management functions, including enterprise resource planning, procurement, and materials requirements planning and scheduling.

Mr. Steven’s extensive experience spans more than 35 years in executive management, manufacturing operations, supply chain management, continuous improvement, lean manufacturing, sales and operations planning, profit and loss accountability, sales, and consulting. “Al will make an enormous contribution toward improving our ability to support high volume manufacturing of Altergy Freedom Power products and to maintain an effective supply chain management operation,” said Mr. Mettler.

Prior to joining Altergy, Mr. Stevens was Director of Supply Chain Strategy for Sun Microsystems, Inc.; CEO of Oliver Wight LLC; CEO of Data 3 Systems; President of A.L. Stevens Inc.; Vice President of Operations for The North Face; and Director of Materials and Plant Manager at Prescolite.

Mr. Stevens holds a B.A. degree in accounting from Golden Gate University and completed the Harvard Business School Executive Program.

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.
Copyright © 2001-2008 Altergy Systems. All Rights Reserved.

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Media Contact:

Nancy Frank
916.768.7805
nancy.frank@altergy.com

Investor / Analyst Contact:

ir@altergy.com