FuelCellsWorks

    -   APTS is a European specialty bus OEM based in The Netherlands
    -   Ballard power modules will be deployed on four advanced
        APTS Phileas buses
    -   APTS Phileas buses represent a new zero emission concept for mass
        transit in Europe

VANCOUVER- Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) announced that it has received a sales order for five FCvelocity(TM)-HD6 power modules from Advanced Public Transportation Systems bv (APTS), a specialty bus OEM in The Netherlands, part of the VDL Group. The 150-kilowatt power modules will be installed and integrated by Vossloh-Kiepe with hybrid electric drive systems in 18-meter (60-foot) articulated Phileas buses manufactured by APTS.

Phileas is a new concept for passenger transport on high frequency dedicated bus lanes. When running on a free bus lane and equipped with magnetic markers for electronic lane assistance and precision docking, Phileas buses can offer the advantages of rapid rail transport.

Ballard’s power module is a ‘plug-and-play’ fuel cell-based product that enables system integrators to build clean energy buses more easily and at lower cost. These power modules incorporate sub-system components addressing humidification, hydrogen pressure regulation, hydrogen recirculation, water management, ventilation and controls. Since these sub-system components and fuel cell stacks are optimized within a power module, they can be more readily integrated with the bus hybrid electric drive system.

Michael Goldstein, Ballard’s Chief Commercial Officer stated, “The deployment of our FCvelocity(TM)-HD6 power modules with APTS and other customers such as BC Transit and Transport for London mean that fuel cell-based power solutions are gaining real traction in the global mass transit marketplace, delivering GHG reductions and energy conservation benefits.” He continued, “Ballard’s foundation of reliability and durability are an ideal fit for our customers in motive power, backup power and distributed generation.”

All the power modules will be shipped to APTS by the second quarter of 2010 and the first APTS Phileas bus incorporating a Ballard power module will be produced this year. Two Phileas buses powered by Ballard fuel cell modules will be operating in Cologne, Germany and two will be operating in Amsterdam. APTS currently has 70 Phileas buses in operation worldwide.

Ruud Bouwman, Director of APTS said, “We are certainly pleased to be working with Ballard on our Phileas buses. APTS sees a sizable potential European market for this fuel cell ‘tram on tires’ concept, with each fuel cell bus reducing CO2 emissions up to 155 tons per year.”

Ballard’s participation in demonstration programs through five generations of heavy duty fuel cell power modules has yielded over two million kilometers (1.2 million miles) of actual revenue service, transporting over seven million passengers on buses in various locations around the world. Ballard’s next generation heavy duty fuel cell power module, the FCvelocity(TM)-HD6, delivers enhanced fuel cell durability and improved efficiency at a reduced cost, while offering an industry leading 12,000-hour (5-year) warranty.

About Ballard Power Systems

Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. To learn more about Ballard, please visit www.ballard.com.

This year will see the renowned Stuttgart company enter the era of emission free-electric mobility with three series production models – the latest of which is the Mercedes-Benz A-Class E-CELL. As of October this year, it will join the Mercedes-Benz Cars line up of electric drive vehicles. The range already includes the smart fortwo electric drive, the pioneering battery-electric vehicle that has been in production since November 2009. Series production has also commenced on the fuel cell-powered Mercedes-Benz B-Class F-CELL. With these three electric vehicles, the inventor of the automobile is setting decisively the scene for the era of electric mobility and redefining individual mobility.

A-Class E-CELL, B-Class F-CELL and smart electric drive

MISSISSAUGA, Ontario — Hydrogenics Corporation , a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that it will sell common shares and warrants in a registered direct offering with two institutional investors, resulting in gross proceeds of US$5,000,000 before placement agent’s fees and other offering expenses.

Under the terms of the transaction, Hydrogenics will sell 12,500,000 common shares for US$0.40 per share. Investors will also receive warrants for the purchase of one common share for each common share purchased; 5,983,886 of these warrants will be exercisable at any time on or after the date of issuance until January 14, 2015 at an exercise price of US$0.52 per common share. The remaining 6,516,114 warrants will be exercisable for a period of five years beginning six months and one day after issuance, at an exercise price of US$0.52 per common share. Each of the warrants contains “full-ratchet” anti-dilution protection as to the exercise price but not the number of shares issuable thereunder.

“As Hydrogenics prepares for what we anticipate will be an active 2010, we felt it prudent to bolster the company’s financial position as we implement our growth plans to capture a number of compelling market opportunities this year,” said Daryl Wilson, Hydrogenics President and CEO. “We are grateful to the institutional investors for their support and interest in our business and in the expanding hydrogen economy unfolding around the globe.”

The closing of the offering will take place on January 14, 2010.

Chardan Capital Markets, LLC acted as the sole placement agent for this transaction.

The securities described above are being offered by Hydrogenics Corp. pursuant to a registration statement on Form F-3 previously filed and declared effective by the United States Securities and Exchange Commission. The offering may be made only by means of the prospectus supplement and the related prospectus relating to the offering, copies of which may be obtained, when available, from Chardan Capital Markets, LLC by mail at 17 State Street, Suite 1600, NY, NY 10004 or by telephone at (646) 465-9091.

BOTHELL, Wash. — Neah Power Systems, Inc. (’Neah’) (OTCBB:NPWZ) the Company developing fuel cells-based renewable energy solutions, announced that it is taking orders for its Infinity eLTM series fuel cells as stand alone products as well as integrated solutions and are available in 25W, 50W, 75W and 100W sizes. These fuel cells provide 400 Whr per cartridge; with instant re-charge capability based on swapping out cartridges and will provide 12V DC output, which can also be tailored for specific applications.

“This is a significant occasion for the company to have demonstrated constant operation for excess of 2,000 hours and see the fruits of $40M of research and development in such a compelling way. Neah enables our customers with the superior power density, anaerobic functionality, and cost effective manufacturing capability of our products to meet their critical power needs,” said Dr. Chris D’Couto, President and CEO of Neah Power.

For product enquiries, please contact products@neahpower.com

About NEAH Power

NEAH Power Systems, Inc. (NPWZ) is developing long-lasting, efficient and safe power solutions for the military, industrial and consumer applications. NEAH uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company’s micro fuel cell system can run in aerobic and anaerobic modes. The company is developing energy generation and storage solutions based on its patented technology. Further company information can be found at www.neahpower.com.