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FuelCell Energy Taps Energy Industry Executive

February 10, 2010 (FinancialWire) — FuelCell Energy, Inc. (NASDAQ: FCEL), a leading manufacturer of high efficiency ultra-clean power plants using renewable and other fuels for commercial, industrial, government and utility customers, announced the appointment of Chip Bottone as senior vice president and Chief Commercial officer.

His focus at FuelCell Energy is to accelerate profitable revenue growth by capitalizing on heightened demand by the world’s industrialized and emerging nations for clean, alternative forms of energy generation — a need well-matched by the company’s Direct FuelCell  power plants. He is also responsible for developing and implementing strategies to further expand the company’s market opportunities and growth potential.

Bottone’s qualifications include 25 years of experience at Ingersoll Rand company, the diversified multi-national industrial concern where he held a series of roles culminating in president of the Energy Systems division. There he built a global alternative energy business providing distributed energy and environmental solutions for customers in the U.S., China and Europe. He also was a senior executive for the company’s Power Generation business and its Portable Power division, among others. During his tenure, he managed business activities with operations in the U.S., the United Kingdom, China, India, the Middle East, Africa, Eastern Europe and Russia. Throughout his career at Ingersoll Rand, Bottone increased sales and profitability for his areas of responsibility.

Bottone earned his undergraduate degree in Mechanical Engineering from the Georgia Institute of Technology, and holds a certificate of Professional Development from The Wharton School at the University of Pennsylvania.

FuelCell Energy is the world leader in the development and production of stationary fuel cells for commercial, industrial, municipal and utility customers.

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