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11. May 2011

Heliocentris completes equity issue

Gross proceeds of EUR 1.6 million

Heliocentris Energy Solutions AG, a leading specialist in clean energy storage solutions, has successfully completed its capital increase in exchange for cash from authorised capital without shareholder subscription rights by issuing 305,000 new bearer shares at EUR 5.20 per share among existing shareholders.

The company raised gross proceeds of EUR 1.6 million. Its share capital will increase from EUR 3.580 million to EUR 3.885 million. With the capital raised the company plans to further drive the expansion of the business.

Lang & Schwarz Broker GmbH, Düsseldorf, has managed the transaction.

About Heliocentris Energy Solutions AG

Heliocentris Energy Solutions AG is a specialist for clean energy storage solutions based on a smart combination of batteries, fuel cells and energy management. Areas of application are mobile and stationary applications that require longer ranges than current batteries can provide. Examples are electric vehicles, onboard and emergency power supplies as well as electricity supply for off-grid applications such as monitoring stations or energy self-sufficient houses.

Heliocentris has been developing and marketing fuel cell-based energy solutions for more than 10 years now. Heliocentris initially targeted the training and lab markets as typical pioneer markets, where it has successfully positioned itself as one of the worldwide market leaders. Since 2006, Heliocentris has been entering selected industrial markets with considerable growth potential. With customers in over 60 countries and a broad distribution and partner network, Heliocentris is globally well positioned.

Heliocentris Energy Solutions AG is listed at the Frankfurter Wertpapierbörse (Entry Standard) and employs in total 65 staff with its head office in Berlin and a subsidiary in Vancouver, Canada.

Further information is available at: www.heliocentris.com.

Disclaimer

This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Energy Solutions 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.

Press contact:

Dr. András Gosztonyi
CFO / Managing Director
Heliocentris Energy Solutions AG
+49-(0)30-340601-560
a.gosztonyi(at)heliocentris.com

Cornelia von Poser
College Hill GmbH
+49-(0)69-133896-13
cornelia.von.poser(at)collegehill.de

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