WALTHAM, Mass., Dec. 1, 2011 /PRNewswire/ -- [ American DG Energy Inc. ] (NYSE Amex: [ ADGE ]), a leading [ On‑Site Utility ], offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and athletic facilities, today announced that its subsidiary EuroSite Power Inc. has received a letter from the U.S. Securities and Exchange Commission (SEC) stating that it has completed its review of EuroSite Power's Form 10 Registration Statement, which was originally filed with the SEC on August 16, 2011, and that the SEC has no further comments.

"We are delighted that the SEC has cleared the Registration Statement on Form 10," said John N. Hatsopoulos, Chief Executive Officer of American DG Energy and Chairman of the Board of EuroSite Power. "After EuroSite Power receives its first order, it intends to take steps to list its common stock on a national securities exchange. We expect that the creation of a publicly traded subsidiary will help us access capital to support growth plans."

A copy of EuroSite Power's Form 10 Registration Statement, including amendments, is available at the SEC's website at: [ www.sec.gov ].

About American DG Energy

American DG Energy supplies low-cost energy to its customers through [ distributed power generating systems ]. The Company is committed to providing institutional, commercial and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities – without any capital or start-up costs to the energy user – through its [ On-Site Utility ] energy solutions. American DG Energy is headquartered in Waltham, Massachusetts. More information can be found at [ www.americandg.com ].

About EuroSite Power

EuroSite Power provides institutional, commercial and small industrial properties with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities – without any capital or start-up costs to the energy user. EuroSite Power, formed to introduce the [ On-Site Utility ] solution into the United Kingdom and the European market, is a subsidiary of American DG Energy Inc. More information can be found at [ www.eurositepower.co.uk ].

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. EuroSite Power's plan to list its common stock and certain events is subject to review and approval of the applicable regulatory authorities, and there can be no assurance that EuroSite Power will be successful. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE American DG Energy Inc.

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[ http://www.americandg.com ]

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EuroSite Power Inc., a Subsidiary of American DG Energy Inc., Clears Form 10 with the SEC

EuroSite Power Inc., a Subsidiary of American DG Energy Inc., Clears Form 10 with the SEC