Roofing Ceremony for New Headquarters of SFC Smart Fuel Cell AG

Bavarian Premier Horst Seehofer Delivers Keynote Address in Brunnthal near Munich

Munich, September 7, 2009 – SFC Smart Fuel Cell AG, market leader for mobile and off-grid power solutions based on fuel cells, and Hubert Haupt Immobilien Holding, a builder and real estate owner, held a joint roofing ceremony on September 7, 2009, for SFC’s new headquarters south of Munich. The 7,000 m2 building currently being built on the Eugen-Sänger-Ring in Brunnthal will provide the high-tech company with production, laboratory, office, and warehouse space to be occupied in mid-2010. Some 300 guests participated in the traditional ceremony. The keynote address was delivered by the guest of honor, Bavarian Premier Horst Seehofer. Seehofer noted that “innovative, dynamic, mid-sized companies like SFC ensure that the Bavarian economy will remain strong and that employment will remain robust throughout the state. The new corporate headquarters in Brunnthal are a clear indication of the strength of Bavaria as a place to do business, particularly in the current difficult economic environment. I am convinced that companies like SFC that courageously invest in the future will have a significant competitive edge when the economy turns around.”

With its new headquarters, SFC Smart Fuel Cell has an ideal basis for continuing its international success story in the field of clean off-grid power generation. Unlike other fuel cell companies, the technology pioneer from Germany has been selling fully commercialized fuel cells for the leisure, industrial and defense markets for several years – with a total of more than 14,000 fuel cells sold worldwide. “Outstanding work has been done on our new headquarters, which combines efficiency and sustainability and thus squares nicely with our corporate philosophy,” said Dr. Peter Podesser, CEO of SFC Smart Fuel Cell AG. “The economic conditions here in Bavaria are excellent and we have superbly trained, highly motivated employees. This will allow us to continue expanding our leading market position at the international level, and to press ahead from our Brunnthal location with the development of innovative, environmentally friendly power generation solutions.'

The real estate project has an investment volume of EUR 12.5 million and brings together a number of innovative, sustainable elements. In the future, pioneering products will not only be developed and produced, but will also be used in the world’s most modern fuel cell factory: for example, the building will be supplied with electricity from the company’s own fuel cells. “It is just a question of time until today’s architectural dinosaurs are replaced by energy-efficient office buildings,” commented Munich-based builder and owner Hubert Haupt.

Research & Development, Production, Sales, Customer Service and Administration will all be located under one roof on the building’s three floors. Production will be located on the ground floor, which is covered by a two-storey cube-shaped building with a walk-in atrium. The new building will include numerous efficiency technologies, such as solar panel power generation, concrete core cooling and ground water cooling, and a public charging station for electric vehicles. The architecture was designed by the renowned Munich firm of Brückner Architekten.

Hubert Haupt Immobilien Holding:

Hubert Haupt Immobilien Holding specializes in building commercial and residential buildings and was one of the first builders in Germany to recognize the potential of physician centers. The group selects projects that allow it to enter new niches, discover trends and use mature designs to make them ready for the market. Every aspect - from project development to marketing and facility management--is provided from one source. In 2007 Hubert Haupt Immobilien Holding acquired 32,000 square meters of commercial real estate on the Eugen-Sänger-Ring in Munich-Brunnthal in order to build retail and office buildings on it. Hubert Haupt Immobilien Holding posted sales of EUR 64 million in 2007. Since its founding in 1994, the Company has generated an investment volume of around EUR 700 million. For more information, visit www.haupt-immobilien.de.

SFC Smart Fuel Cell AG

SFC Smart Fuel Cell AG (www.sfc.com) is market leader in fuel cell technologies for mobile and off-grid power applications serving the leisure, industrial and defense markets.As one of Germany’s technology pioneers, SFC has won numerous innovation awards.SFC has alliances with leading companies in a wide range of industries.Unlike most other fuel cell manufacturers, who are in the research and development phase or run subsidized demonstration projects, SFC has shipped more than 14,000 fully commercial products to industrial and private end users for more than five years, and has created a convenient fuel cartridge supply infrastructure. SFC is DIN ISO 9001:2000 certified. SFC is based in Brunnthal, Germany, and has a sales and technical service office in the U.S.

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