October 01, 2007 09:00 ET

UltraCell® Inks Distribution Agreement With Tatung System Technologies, Inc. (TSTI)

UltraCell Expands Global Presence, Delivers the Power of Portable Fuel Cell Technology Across Asia

LIVERMORE, CA--(Marketwire - October 1, 2007) - UltraCell Corporation, the leading producer of reformed methanol fuel cells (RMFCs) for mobile power applications, today announced it has entered into a strategic distribution agreement with Tatung System Technologies, Inc. (TSTI), a subsidiary of TATUNG Company, to bring its fuel cell technology to Asia. The companies will also collaborate under TSTI's fuel cell R&D program, leveraging their respective expertise in fuel cell system technology.

"We are very excited to be working with UltraCell to bring its leading fuel cell technology to the Asian marketplace," said Min-Hsien Lin, general manager, Fuel Cell Research Division, TSTI. "Together we can respond to the increased demand for more efficient and cost-effective alternative energy sources across Asia."

The UltraCell XX25™ fuel cell delivers up to 25 watts of continuous power and weighs just 1.24 kilograms, making it an ideal portable power source for the computing, communications and sensing devices used in critical mobile and remote operations such as military missions, emergency and disaster response and remote surveillance. The UltraCell XX25 is smaller, lighter, and more efficient than traditional electric generators, and provides much longer runtime than batteries.

"As global interest in renewable energy and fuel cells in particular continues to grow, it's an exciting time for UltraCell and for the fuel cell industry," said James Kaschmitter, UltraCell CEO and president. "We're thrilled to be working with the team at TSTI, a longtime technology innovator and leader in Asia, and look forward to collaborating on future development projects."

About Tatung System Technologies, Inc. (TSTI)

TSTI is one of the leading fuel cell companies in Taiwan, with the largest fuel cell team. Since 2002 the company has been involved in fuel cell system -- including proton exchange membrane fuel cell (PEMFC) system -- research and development. TSTI's system research and development includes balance of plant (BOP), liquefied petroleum gas (LPG) and Ethanol-based reformers, high kilowatt inverters and stationary fuel cell power generators. For more information, visit: www.etatung.com.tw.

About UltraCell

UltraCell is a leading producer of small, lightweight and energy efficient power solutions for mobile and remote electronic devices. UltraCell has pioneered reformed-methanol fuel cell technology as a high-density energy source that can be produced from renewable resources. Through its exclusive license with Lawrence Livermore National Laboratories for micro fuel cell technology, the company is bringing the benefits of fuel cell power to vital mobile and remote operations -- such as military missions, emergency and disaster response, remote surveillance, and field research and exploration. For more information, please visit: www.ultracellpower.com.