Microcell to Open 80,000 Sq. Ft. Fuel Cell Manufacturing Plant in Eastern North Carolina

RALEIGH, N.C. (February 5, 2007) - Microcell Corporation announced today that they have finalized an agreement with the Martin County Economic Development Corporation for an 80,000 square foot (7400 m2) fuel cell manufacturing facility in eastern North Carolina. The facility is expected to bring over 100 jobs to the area. The company's headquarters, including research & development, will remain in the Research Triangle Area.

Located in Robersonville, the facility, equipped with clean room production areas, will focus on manufacturing the company's automotive and distributed generation fuel cells to meet product orders from its strategic partners and other customers. "Microcell is moving beyond research and development and is preparing for product commercialization. We anticipate the need for environmentally clean energy technologies to significantly increase in the next decade. Microcell projects to be a major player in this field." said Andrew Williams, Microcell CFO. "We are delighted to take this next step with the support of Martin County and our strategic partners."

One of the company's strategic partners, North Carolina Electric Membership Corporation, assisted the company in identifying the location in Martin County. "The North Carolina Electric Cooperatives support Microcell and are pleased to help bring a leading edge technology company and new jobs to eastern North Carolina," said Randy Brecheisen, President and CEO of Piedmont EMC and a Microcell Board Member.

At the center of the company's technology is the "microcell" design concept. Its extrusion-based scalable process for cost effective large-scale production, and the plug and play core technology distinguishes it from other fuel cell technologies. It incorporates all the critical components of a planar Proton Exchange Membrane (PEM) fuel cell in a single fiber ('microcell'). The microcell is around 500 - 1000 micrometers in diameter and produced via an automated extrusion process.

About Microcell Corporation

Microcell is the world leader in low-cost, high performing PEM microfiber fuel cells that operate on a cylindrical platform. The company is in partnership with Pepco Holdings Inc., Progress Energy, Duke Energy, North Carolina Electric Membership Corporation and other corporations for distributed generation and automotive applications.

For more information, please visit Microcell's website at www.microcellcorp.com.