EPG Environmental Power (MM)

TARRYTOWN, N.Y., May 6 /PRNewswire-FirstCall/ -- Environmental Power Corporation (NASDAQ:EPG), a leader in the production of renewable natural gas, will hold its first quarter 2009 Business Update Conference Call on Friday, May 8, 2009 at 10:00am Eastern Time to update investors regarding financial results for the first quarter of 2009 as well as ongoing progress and recent developments of the company. Richard Kessel, President and CEO and Micky Thomas, Chief Financial Officer will host the call. Conference Call Details When: 10:00am Eastern Time; May 8, 2009 Dial-in: U.S. Toll Free: 888-299-4099 Canadian Toll Free: 866-682-1172 International Toll: 302-709-8337 Verbal Passcode: VK10652 Replay Access #: U.S. 800-355-2355 Code 10652# Int. & Canadian Toll: 402-220-2946 Code 10652# The call will be available for 3 days by accessing the number above. ABOUT ENVIRONMENTAL POWER CORPORATION Environmental Power Corporation is a developer, owner, and operator of renewable energy production facilities. Our goal is to produce Energy that is... Beyond Renewable (R), which we define as energy that not only uses waste materials instead of limited resources, but that also is clean, reliable, and cost-effective. Our principal wholly owned subsidiary, Microgy, Inc., is a developer of renewable energy facilities for the production and commercial application of methane-rich biogas produced from livestock and food industry wastes, as well as wastes from other organic sources. The biogas is a versatile renewable energy source and can be sold to an end user or used to produce pipeline-grade methane, which we refer to as renewable natural gas, or RNG (R), liquefied natural gas, or LNG, compressed natural gas, or CNG, renewable electrical energy or thermal energy as well as producing other useful by-products. Microgy's systems utilize proven biogas production technologies that we believe are superior to other such technologies. For more information visit the Company's web site at http://www.environmentalpower.com/. CAUTIONARY STATEMENT The Private Securities Litigation Reform Act of 1995, referred to as the PSLRA, provides a "safe harbor" for forward-looking statements. Certain statements contained in this press release, such as statements concerning planned manure-to-energy systems, our sales pipeline, our backlog, our projected sales and financial performance, statements containing the words "may," "assumes," "forecasts," "positions," "predicts," "strategy," "will," "expects," "estimates," "anticipates," "believes," "projects," "intends," "plans," "budgets," "potential," "continue," "targets" "proposed," and variations thereof, and other statements contained in this press release regarding matters that are not historical facts are forward-looking statements as such term is defined in the PSLRA. Because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to: uncertainties involving development-stage companies; uncertainties regarding project financing, the lack of binding commitments and/or the need to negotiate and execute definitive agreements for the construction and financing of projects, the sale of project output, the supply of substrate and other requirements and for other matters; financing and cash flow requirements and uncertainties; inexperience with the development of multi-digester projects; risks relating to fluctuations in the price of commodity fuels like natural gas, and our inexperience with managing such risks; difficulties involved in developing and executing a business plan; difficulties and uncertainties regarding acquisitions; technological uncertainties; including those relating to competing products and technologies; risks relating to managing and integrating acquired businesses; unpredictable developments; including plant outages and repair requirements; the difficulty of estimating construction, development, repair and maintenance costs and timeframes; the uncertainties involved in estimating insurance and implied warranty recoveries, if any; the inability to predict the course or outcome of any negotiations with parties involved with our projects; uncertainties relating to general economic and industry conditions, and the amount and rate of growth in expenses; uncertainties relating to government and regulatory policies and the legal environment; uncertainties relating to the availability of tax credits, deductions, rebates and similar incentives; intellectual property issues; the competitive environment in which Environmental Power Corporation and its subsidiaries operate and other factors, including those described in our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q, well as in other filings we make with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date that they are made. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Company Contact Scott Tetenman, Manager of Project Financing and Treasury Environmental Power Corporation (914)631-1435 Public Relations Contact John Abrashkin Ricochet Public Relations (212)679-3300 x121 DATASOURCE: Environmental Power Corporation CONTACT: Scott Tetenman, Manager of Project Financing and Treasury of Environmental Power Corporation, +1-914-631-1435, ; or John Abrashkin of Ricochet Public Relations for Environmental Power Corporation, +1-212-679-3300, Ext. 121, Web Site: http://www.environmentalpower.com/

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