Date: September 8, 2006

Eaton and Altergy Work to Provide Fuel Cell Power Solutions to Telecommunications and Other Industries Worldwide

CLEVELAND … Diversified industrial manufacturer Eaton Corporation announced today that it has signed two agreements with fuel cell manufacturer Altergy, creating a global collaboration to provide fuel cell power solutions for telecommunications and other premium power and mission-critical applications.

Through this collaboration, Altergy’s advanced, low cost fuel cell engines will be integrated with Eaton’s electrical control and power distribution products, to create complete stationary fuel cell systems. Additionally, Eaton will install, commission, start up, monitor and service Altergy fuel cell products and systems at customer sites worldwide through Eaton’s network of service professionals.

“This integrated solution will give our customers the high level of power reliability with the long runtime and low maintenance requirements they desire,” commented Randy Carson, president, Eaton’s electrical business. He continued, “This allows Eaton to broaden our telecom, backup and primary power product offerings, and to optimize the use of our extensive service capacity. We are excited to team with Altergy.”

Remarked Eric Mettler, President and CEO, Altergy Systems, “This agreement with Eaton is a significant milestone in Altergy’s quest to change the way the world gets its power. It allows us to concentrate on manufacturing our low cost, rugged fuel cell engines while at the same time providing fully integrated backup power systems to our telecom customers as well as to Eaton’s customers worldwide. We also gain the enormous benefit of Eaton’s extensive, worldwide service network.”

In the electrical industry, Eaton is a global leader in electrical control, power distribution, and industrial automation products and services. Through advanced product development, world class manufacturing methods and global engineering services and support, Eaton provides customer-driven solutions under many brand names including Eaton®, Cutler-Hammer®, Powerware®, Durant®, Heinemann®, Holec®, and MEM®, which globally serve the changing needs of the telecommunications, industrial, utility, light commercial, residential, and OEM markets. For more information, visit www.eatonelectrical.com.

Eaton Corporation is a diversified industrial manufacturer with 2005 sales of $11.1 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 60,000 employees and sells products to customers in more than 125 countries. For more information, visit www.eaton.com.

Contact: Amanda Mushrush
(412) 893-4043 office
amandakmushrush@eaton.com