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Heliocentris Energy Solutions appoints Oliver Krautscheid member of the Supervisory Board

Heliocentris Energy Solutions AG, a leading specialist in clean energy storage solutions, won Oliver Krautscheid as a new member of the Supervisory Board as of 13 January 2011. He is successor of Jens Spyrka who has left the Supervisory Board effective on 31 December 2010. The confirmation of Oliver Krautscheid will occur at the next Annual General Meeting on 21 June 2011.

Until 2004, Krautscheid was a Partner with the audit firm KPMG in Frankfurt.
Since then, he has been an investment advisor for equity participations in
companies for large family offices. Krautscheid has over 10 years of
experience as Board Member of various companies. Currently he is a General
Manager of a family holding, which he co-founded. In addition, he is
Chairman of the Board with EPG Engineered nanoProducts Germany AG,
Griesheim – listed in the Entry Standard and President of the Board with
Corporate Equity Partners AG, Zug – listed in Prime Standard of the
Frankfurt Stock Exchange.

Dr. Henrik Colell, CEO of Heliocentris Energy Solutions AG, emphasizes:
"With Oliver Krautscheid we have gained a personality with extensive capital
market experience and network for the Supervisory Board. His appointment is
an enrichment for the company. We are grateful to Jens Spyrka for his
commitment and his valuable support in the past. "

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