Ardour Capital Investments and Coudert Brothers LLP Announce the Second Annual Energy Technology Conference

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The second annual Energy Technology Conference, hosted by Ardour Capital Investments and Coudert Brothers LLP, is announced for Thursday, October 21, 2004, in New York City.

– The second annual Energy Technology Conference will take place in New York City, Thursday, October 21, 2004, bringing together some of the most prestigious energy and technological companies in the nation. Ardour Capital believes that the energy technology industry is on the cusp of significant breakthroughs in the commercialization of renewable and environmentally benign sources of alternative energy. The conference will provide a platform for members and investors to meet and discuss the future of this groundbreaking industry.

Mr. Peter R. Smith, president of the New York State Energy Research and Development Authority, will give the keynote address. Some of the companies scheduled to present at this year’s conference are Active Power Inc. (ACPW), American Superconductor Corp. (AMSC), Beacon Power (BCON), Evergreen Solar Inc. (ESLR), FuelCell Energy Inc. (FCEL), Intermagnetics General Corp. (IMGC), Mechanical Technology Inc. (MKTY), Plug Power Inc. (PLUG), Quantum Technologies Worldwide (QTWW), and UltraLife Batteries (ULBI).

About Ardour Capital Investments

Ardour provides a wide range of financial services for both public and private growth companies. Ardour supplies investors specializing in small capitalization growth companies an independent brand of research not traditionally found within the securities industry. Ardour has made a commitment to be a leading research institution in the Energy Technology/Alternative Power sector.

Ardour Capital maintains a strategic partnership with Coudert Brothers LLP, one of the leading international law firms in the world, with 29 offices in 18 countries. Coudert and Ardour work closely to provide a range of services in an efficient and economic manner. Such services include investment/financing, research, Mergers and Acquisitions, corporate structuring, employee stock option plans, etc.

The second annual Energy Technology Conference will be held at the offices of Coudert Brothers LLP, 4th Floor Conference Center, 1114 Avenue of the Americas, New York, NY.

To confirm your participation, please contact:

Brian Greenstein

Ardour Capital Investments

The Empire State Building

350 Fifth Avenue, Suite 4812

New York, NY 10118

(212) 375-2956

bgreenstein@ardourcapital.com

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