Mr David Morgan joins SFC Smart Fuel Cell AG’s Supervisory Board

Brunnthal/Munich, Germany - March 12, 2010 – SFC Smart Fuel Cell AG, leading supplier of fuel cell products for mobile and off-grid power applications based on fuel cells, today reports the appointment of David Morgan as Member to the SFC Supervisory Board.

David Morgan brings extensive experience in technology and manufacturing businesses including international, financial and general management.He has previously spent over 20 years with Johnson Matthey plc, 10 of which were as an executive director with specific responsibility for corporate development.He is currently Chairman of the International Advisory Board of Conduit Ventures Ltd and also a member of the Advisory Board of Imperial College, London, Dept of Chemistry, and was formerly a member of the UK Science Forum and a non executive director of RiverSoft plc. He is a qualified chartered accountant and holds a degree in Mineralogy and Petrology from the University of Cambridge.

“We are proud to welcome the experienced industry expert David Morgan to the Supervisory Board of SFC Smart Fuel Cell”, says Dr. Rolf Bartke, Chairman of the SFC Supervisory Board. “With his international finance and clean tech expertise we consider him to be extremely well qualified to make significant contributions to the Company in his new role. To Dr. Roland Schlager, who left SFC’s Supervisory Board in November 2009 and whom David Morgan is now replacing, we wish to extend our thanks for his valuable support in this function.”

Founded in 2000, SFC Smart Fuel Cell has successfully sold over 17,000 fully commercialized fuel cells to industrial customers and private end users, while most other fuel cell companies are still in the research and development phase or run subsidized demonstration projects.

More information at www.sfc.com and www.efoy.com.

About SFC Smart Fuel Cell

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 17,000 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 9001:2008 certified. SFC is based in Brunnthal, Germany, and has a sales and technical service office in the U.S. SFC Smart Fuel Cell AG is listed in the Prime Standard on the German stock exchange (WKN 756857).

SFC Investor Relations:

Barbara v. Frankenberg

Head of IR and PR

SFC Smart Fuel Cell AG

Eugen-Saenger-Ring 4

D-85649 Brunnthal

Tel. +49 89 673 592-378

Fax. +49 89 673 592-169

Email: [email protected]

SFC Press Contact:

Claudia v. Junker und Bigato

Public Relations

SFC Smart Fuel Cell AG

Eugen-Saenger-Ring 4

D-85649 Brunnthal

Tel. +49 89 673 592-377

Fax. +49 89 673 592-169

Email: [email protected]

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