Michael Stammler, CEO of Feri Finance AG, to be proposed as supervisory board member of Heliocentris Fuel Cells AG

Berlin, Germany - May 26 2008. The supervisory board of Heliocentris Fuel Cells AG - a leading fuel cell system integrator - will propose Michael Stammler as supervisory board member at this year's Annual General Meeting on July 10 2008. Michael Stammler will succeed Marco Zeller, Managing Director of Berlin based IBB Beteiligungsgesellschaft,  who resigns from the supervisory board on July 10 2008.

Mr. Stammler, is Chief Executive Officer of Feri Finance AG, Germany's leading independent asset management firm and institutional and private wealth advisor. Having received degrees in Engineering and Business Administration he held positions at Siemens and Roland Berger before starting the Feri Trust Gesellschaft für Finanzplanung mbH in 1990, now known as Feri Wealth Management GmbH. Mr. Stammler has been Chief Executive Officer of Feri Finance since 2002.

"We are excited that Mr. Stammler has agreed to stand for nomination to our supervisory board. It is wonderful that he is prepared to dedicate his extensive capital markets experience and his passion for renewable energy technologies to our company," said Oliver Borrmann Chairman of the supervisory board. "We are a growth company working on innovative environmental technologies and as such rely heavily on the capital markets to ensure our future success. We have absolute confidence that both the company and our investors will benefit tremendously from the support of such a reputable expert like Mr. Stammler," Mr. Borrmann added.

"Furthermore", Mr. Bormann said: "we would like to express our gratitude to Mr. Zeller and thank him for his commitment and valuable contribution over the past two years."

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 that 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.