Collaboration Marks First Phase in London Fuel Cell Initiative to
Bring Renewable Fuel Cell Energy to London

BEND, OR -- (MARKET WIRE) -- 06/23/06 -- IdaTech, LLC, a global fuel cell solutions developer and manufacturer, announces that an integrated IdaTech fuel cell system, in collaboration with the London Hydrogen Partnership (LHP) and Chetwoods Associates, is providing a daily power load of eight kilowatts to a naturally powered kinetic structure for a 28-day period during the London Biennials in June.
The lighted structure, standing over seven meters tall, is installed in Islington, London, and is fully powered by a combination the IdaTech PEM fuel cell system, a photovoltaic (PV) array and a battery bank. The London Oasis was opened on June 19th by the Deputy Mayor of London.

The concept of the London Oasis project is to restore and reinvigorate people's spirits as they go about their daily urban lives, and is an aspect of the larger "Tranquil Spaces for London" initiative that will be launched this summer. The sculpture varies throughout the day, interacting with both people and the environment.
An ultimate goal for the collaboration between IdaTech and the LHP is the introduction of fuel cells on a larger scale in metropolitan London, with the long-term goal of installing one fuel cell system in each of the London boroughs (30 boroughs total) by the year 2012.

"IdaTech's integration expertise with photovoltaic systems, batteries and fuel cells makes us uniquely qualified for this project. Our reformer's ability to convert liquid fuel into pure hydrogen, as required by the fuel cell system, eliminates the need for the storage of compressed hydrogen gas. The project is a very good fit for IdaTech as it demonstrates our fuel cell system and unique reforming capabilities in order to support a long-duration application that requires extremely low noise and low emissions," said Claude H. Duss,
IdaTech's president and chief executive officer. "We are happy to have been selected to support the London Oasis project and are looking forward to additional opportunities to apply our fuel cell solutions to multiple applications in an environmentally-friendly manner."

"IdaTech's systems have a reputation for being clean, easy to use and
dependable. Those attributes fit perfectly with the theme of the London Oasis project. We a very pleased that IdaTech is participating in this project and look forward to working together in the future," said Laurie Chetwood, chief executive, of Chetwoods Associates.

About IdaTech
IdaTech's fuel cell solutions are based on a flexible modular design,
supporting interchangeable components, which enables IdaTech to accelerate product development incorporating proven components and subsystems into customized configurations. Additionally, IdaTech's fuel cell solutions incorporate its patented fuel processing technology and operate on a variety of fuels.

IdaTech's portfolio of fuel cell solutions is based on its proprietary multi-fuel fuel processing technology, its own fuel cell stack and power module, and fuel cell system integration capabilities. With the support of strategic partners, the company's solutions are being deployed on a global scale for stationary and portable applications. IdaTech is a subsidiary of the Boise,
Idaho-based energy and technology holding company IDACORP, Inc. (NYSE: IDA).

Amy Clem
Marketing Communications Manager
541-322-1022
aclem@idatech.com