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Hy9 to provide membrane technology to ExxonMobil
[ 05 Dec 2008, Rob Cockerill, gasworld.com ] © www.hydrogenassociation.org
Plans are ongoing to commercialise hydrogen production technology.
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MHT. Hy9 Corp, a producer of membrane and fuel processing systems, is to provide membrane technology for ExxonMobil’s on-board fuel cell reformer project.
Exxon Mobil Corporation is partnering with QuestAir Technologies, Plug Power Inc. and Ben Gurion University with plans to commercialise an on-vehicle hydrogen production system for use in a fuel cell-powered lift truck application.
While the initial work may only be carried out on forklifts, it may have far-reaching consequences as the partners seek to bring such technology to passenger vehicles.
Plug Power will seek to commercialise technologies developed by ExxonMobil, QuestAir Technologies and Ben Gurion University that take liquid fuels, such as gasoline, diesel, ethanol or biodiesel, and convert them into hydrogen onboard the vehicle.
The on-vehicle hydrogen fuel system comprises of an advanced reformer developed by ExxonMobil and hydrogen separation, using QuestAir Technologies’ Rapid Cycle Pressure Swing Adsorption system. Sulphur is controlled by an ExxonMobil proprietary S-Trap, developed in conjunction with Ben Gurion University.
Dr. Emil Jacobs, Vice President of R&D at Exxon-Mobil Research and Engineering, is believed to have suggested that onboard reforming in passenger vehicles could be 80% more fuel efficient than current engine technologies, and cut CO2 emissions by 45%. Sie nehmen noch nicht an einem Börsenspiel teil!
Steigen Sie jetzt ein!
--------------------------------------------------------------------------------
Boardmail schreiben
Regelverstoß
[ 05 Dec 2008, Rob Cockerill, gasworld.com ] © www.hydrogenassociation.org
Plans are ongoing to commercialise hydrogen production technology.
gasworld Conferences
South & Central America
13 & 14 January 2009
Sheraton Hotel - Santiago, Chile
Visit the conference pages...
Speakers include:
• Indura - Jaime Castañeda
• Linde - Raghu Menon
• Eduardo Pelitti
• Matheson Tri-Gas - Rick Kowey
• UIG - Neil S. Amber
• GPS - Dr Roy Irani
View all speakers...
Conference Videos:
Middle East 2007
Africa 2008
MHT. Hy9 Corp, a producer of membrane and fuel processing systems, is to provide membrane technology for ExxonMobil’s on-board fuel cell reformer project.
Exxon Mobil Corporation is partnering with QuestAir Technologies, Plug Power Inc. and Ben Gurion University with plans to commercialise an on-vehicle hydrogen production system for use in a fuel cell-powered lift truck application.
While the initial work may only be carried out on forklifts, it may have far-reaching consequences as the partners seek to bring such technology to passenger vehicles.
Plug Power will seek to commercialise technologies developed by ExxonMobil, QuestAir Technologies and Ben Gurion University that take liquid fuels, such as gasoline, diesel, ethanol or biodiesel, and convert them into hydrogen onboard the vehicle.
The on-vehicle hydrogen fuel system comprises of an advanced reformer developed by ExxonMobil and hydrogen separation, using QuestAir Technologies’ Rapid Cycle Pressure Swing Adsorption system. Sulphur is controlled by an ExxonMobil proprietary S-Trap, developed in conjunction with Ben Gurion University.
Dr. Emil Jacobs, Vice President of R&D at Exxon-Mobil Research and Engineering, is believed to have suggested that onboard reforming in passenger vehicles could be 80% more fuel efficient than current engine technologies, and cut CO2 emissions by 45%. Sie nehmen noch nicht an einem Börsenspiel teil!
Steigen Sie jetzt ein!
--------------------------------------------------------------------------------
Boardmail schreiben
Regelverstoß
Fällt jetzt noch die 1,29 gibt es einen Gap schluss, bis 1,65!
Plug Power to Supply More Than 200 GenDrive(tm) Fuel Cell Power Units to Central Grocers
Central Grocers Invests in Environmentally Friendly Technology to Power Lift Trucks At New Distribution Center
Last update: 7:01 a.m. EST Dec. 11, 2008
LATHAM, N.Y., Dec 11, 2008 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUGlug power inc com
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PLUG 1.23, +0.08, +7.0%) announced today that Central Grocers, Inc. has purchased 220 GenDrive(tm) fuel cell units to power the entire lift truck fleet at their new distribution center. The center is currently under construction in Joliet, Illinois, and is expected to be operational by the end of the first quarter of 2009.
Central Grocers chose the hydrogen fuel cell power units, rather than traditional lead-acid batteries, for a new fleet of Yale lift trucks. By using Plug Power's GenDrive fuel cells, Central Grocers expects enhanced productivity within its distribution center. Powering the entire lift truck fleet with GenDrive will eliminate the need to invest in a battery charging and changing infrastructure, reducing operational costs and opening up valuable floor space for the distribution business. The use of fuel cells also reduces the carbon footprint of the distribution center and removes the storage and handling of toxic materials associated with the use of lead-acid batteries from the workplace.
"Central Grocers represents the first greenfield site to incorporate our GenDrive solution into its operations. Greenfield sites offer the potential for the greatest financial and operational benefits to our customers by eliminating the need for capital investments in batteries and the associated chargers, storage and changing systems," said Andy Marsh, CEO of Plug Power. "This purchase also helps Central Grocers green their supply chain as well as their business operations."
The GenDrive units will be fueled by compressed hydrogen gas, which is converted from liquid hydrogen. The units are fueled by the lift truck operator at a conveniently located dispenser, much like fueling an automobile. Air Products (APD:Air Products and Chemicals, Inc
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4:00pm 12/10/2008
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APD 53.49, +0.60, +1.1%) will supply both the liquid hydrogen storage compression system as well as multiple indoor fueling dispensers. GenDrive can be quickly refueled by the lift truck operator in less than two minutes. This completely eliminates the need to change, store, charge and maintain multiple lead-acid batteries per lift truck.
Yale Equipment Services, located in Rosemont, Illinois, will service both the lift trucks and GenDrive fuel cell units. The Yale lift trucks provide unique features such as regenerative lift and lower on stand-up units to improve energy efficiency and power steering on pallet trucks to enhance operator productivity.
About Plug Power
Plug Power Inc. (PLUGlug power inc com
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Last: 1.23+0.08+6.96%
4:00pm 12/10/2008
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PLUG 1.23, +0.08, +7.0%) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
About Central Grocers
In a city of big stores, Central Grocers helps neighborhood markets stay afloat. The member-owned cooperative supplies food and general merchandise to more than 200 independent retail grocery stores in the Chicago area and in parts of Indiana. It distributes products under both national brands and its own Centrella brand. The co-op also operates a number of stores under such banners as Strack & Van Til, Town & Country, Key Market, and the low-cost Ultra Foods chain. Central Grocers was founded in 1917.
About Yale Materials Handling Corporation
Yale Materials Handling Corporation markets a full line of energy efficient materials handling lift truck products and services, including electric, gas, LP-gas and diesel powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks. All Yale(r) trucks are manufactured in plants meeting ISO 14000 environmental standards. Company engineers are researching and investing in new technologies to help make lift trucks more energy efficient. Yale is a market leader in the development of electric trucks designed to duplicate the performance of ICE trucks. Yale is also a market leader in the introduction of regenerative technology on electric trucks to help conserve energy. Yale(r) trucks are manufactured in ISO 9001:2000 registered facilities and range in capacity from 2,000 to 36,000 pounds. For more information, or to find the authorized Yale(r) lift truck dealer nearest you, call 1-800-233-YALE or visit www.yale.com.
About Air Products
Air Products (APD:Air Products and Chemicals, Inc
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Last: 53.49+0.60+1.13%
4:00pm 12/10/2008
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APD 53.49, +0.60, +1.1%) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in more than 40 countries, and 21,000 employees around the globe. For more information, visit www.airproducts.com.
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission ("SEC") on March 17, 2008, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.
Central Grocers Invests in Environmentally Friendly Technology to Power Lift Trucks At New Distribution Center
Last update: 7:01 a.m. EST Dec. 11, 2008
LATHAM, N.Y., Dec 11, 2008 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUGlug power inc com
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Last: 1.23+0.08+6.96%
4:00pm 12/10/2008
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Sponsored by:
PLUG 1.23, +0.08, +7.0%) announced today that Central Grocers, Inc. has purchased 220 GenDrive(tm) fuel cell units to power the entire lift truck fleet at their new distribution center. The center is currently under construction in Joliet, Illinois, and is expected to be operational by the end of the first quarter of 2009.
Central Grocers chose the hydrogen fuel cell power units, rather than traditional lead-acid batteries, for a new fleet of Yale lift trucks. By using Plug Power's GenDrive fuel cells, Central Grocers expects enhanced productivity within its distribution center. Powering the entire lift truck fleet with GenDrive will eliminate the need to invest in a battery charging and changing infrastructure, reducing operational costs and opening up valuable floor space for the distribution business. The use of fuel cells also reduces the carbon footprint of the distribution center and removes the storage and handling of toxic materials associated with the use of lead-acid batteries from the workplace.
"Central Grocers represents the first greenfield site to incorporate our GenDrive solution into its operations. Greenfield sites offer the potential for the greatest financial and operational benefits to our customers by eliminating the need for capital investments in batteries and the associated chargers, storage and changing systems," said Andy Marsh, CEO of Plug Power. "This purchase also helps Central Grocers green their supply chain as well as their business operations."
The GenDrive units will be fueled by compressed hydrogen gas, which is converted from liquid hydrogen. The units are fueled by the lift truck operator at a conveniently located dispenser, much like fueling an automobile. Air Products (APD:Air Products and Chemicals, Inc
News, chart, profile, more
Last: 53.49+0.60+1.13%
4:00pm 12/10/2008
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Financials
Sponsored by:
APD 53.49, +0.60, +1.1%) will supply both the liquid hydrogen storage compression system as well as multiple indoor fueling dispensers. GenDrive can be quickly refueled by the lift truck operator in less than two minutes. This completely eliminates the need to change, store, charge and maintain multiple lead-acid batteries per lift truck.
Yale Equipment Services, located in Rosemont, Illinois, will service both the lift trucks and GenDrive fuel cell units. The Yale lift trucks provide unique features such as regenerative lift and lower on stand-up units to improve energy efficiency and power steering on pallet trucks to enhance operator productivity.
About Plug Power
Plug Power Inc. (PLUGlug power inc com
News, chart, profile, more
Last: 1.23+0.08+6.96%
4:00pm 12/10/2008
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Financials
Sponsored by:
PLUG 1.23, +0.08, +7.0%) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
About Central Grocers
In a city of big stores, Central Grocers helps neighborhood markets stay afloat. The member-owned cooperative supplies food and general merchandise to more than 200 independent retail grocery stores in the Chicago area and in parts of Indiana. It distributes products under both national brands and its own Centrella brand. The co-op also operates a number of stores under such banners as Strack & Van Til, Town & Country, Key Market, and the low-cost Ultra Foods chain. Central Grocers was founded in 1917.
About Yale Materials Handling Corporation
Yale Materials Handling Corporation markets a full line of energy efficient materials handling lift truck products and services, including electric, gas, LP-gas and diesel powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks. All Yale(r) trucks are manufactured in plants meeting ISO 14000 environmental standards. Company engineers are researching and investing in new technologies to help make lift trucks more energy efficient. Yale is a market leader in the development of electric trucks designed to duplicate the performance of ICE trucks. Yale is also a market leader in the introduction of regenerative technology on electric trucks to help conserve energy. Yale(r) trucks are manufactured in ISO 9001:2000 registered facilities and range in capacity from 2,000 to 36,000 pounds. For more information, or to find the authorized Yale(r) lift truck dealer nearest you, call 1-800-233-YALE or visit www.yale.com.
About Air Products
Air Products (APD:Air Products and Chemicals, Inc
News, chart, profile, more
Last: 53.49+0.60+1.13%
4:00pm 12/10/2008
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Financials
Sponsored by:
APD 53.49, +0.60, +1.1%) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in more than 40 countries, and 21,000 employees around the globe. For more information, visit www.airproducts.com.
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission ("SEC") on March 17, 2008, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.
Plug Power Customers Receive Awards to Purchase 304 GenDrive Units Under U.S. DOE Funding
Plug Power Also Receives $6 M in Awards for Fuel Cell Market Transformation
Last update: 7:00 a.m. EDT April 16, 2009
LATHAM, N.Y., Apr 16, 2009 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUG:PLUG
News , chart , profile , more
Last:
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Sponsored by:
, , ) , a leader in providing clean, reliable energy solutions, has announced they have received over $6 M in awards from the United States Department of Energy (DOE) for fuel cell market transformation programs. The funding will be used to integrate Plug Power's fuel cell solutions into material handling, residential and stationary power applications. Successful completion of these projects will strengthen the product portfolios for Plug Power's GenDrive and GenSys products.
Additionally, nine programs were awarded to Plug Power customers for DOE market transformation projects, totaling over 304 GenDrive units deployed into the field. Replacing lead acid batteries in electric lift trucks, these product installations will allow for fleet conversions within warehouses and distribution centers in Arkansas, Colorado, Ohio, Pennsylvania, South Carolina and Texas.
"These awards move commercial customers beyond field trials to full fleet conversions," said Tony Troutt, Director of Sales at Plug Power. "Strong support from large customers in diverse industries will drive rapid market adoption."
As part of the $6 M in awards, the DOE will also fund a three-year project to verify the durability and commercial readiness of Plug Power's combined heat and power GenSys product. Designed for residential and light commercial applications, GenSys replaces traditional furnaces and boilers, creating electricity and high-quality heat for the consumer. The DOE funded reliability fleet will be installed in highly visible locations in Southern California, working with Southern California Gas Company, a Sempra Energy utility, and the National Fuel Cell Research Center at the University of California, Irvine.
"We appreciate the DOE's investment and commitment to fuel cell technology," said Katrina Fritz Intwala, Vice President of Government and Public Relations. "Their vision and leadership has facilitated expansion and growth within the industry. This will allow companies like Plug Power and its customers to deploy exciting alternative energy products and accelerate the growth of green jobs."
About Plug Power Inc.
Plug Power Inc. (PLUG:PLUG
News , chart , profile , more
Last:
Delayed quote dataAdd to portfolio
Analyst
Create alert Insider
Discuss
Financials
Sponsored by:
, , ) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 16, 2009, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
Plug Power Also Receives $6 M in Awards for Fuel Cell Market Transformation
Last update: 7:00 a.m. EDT April 16, 2009
LATHAM, N.Y., Apr 16, 2009 (GlobeNewswire via COMTEX) -- Plug Power Inc. (PLUG:PLUG
News , chart , profile , more
Last:
Delayed quote dataAdd to portfolio
Analyst
Create alert Insider
Discuss
Financials
Sponsored by:
, , ) , a leader in providing clean, reliable energy solutions, has announced they have received over $6 M in awards from the United States Department of Energy (DOE) for fuel cell market transformation programs. The funding will be used to integrate Plug Power's fuel cell solutions into material handling, residential and stationary power applications. Successful completion of these projects will strengthen the product portfolios for Plug Power's GenDrive and GenSys products.
Additionally, nine programs were awarded to Plug Power customers for DOE market transformation projects, totaling over 304 GenDrive units deployed into the field. Replacing lead acid batteries in electric lift trucks, these product installations will allow for fleet conversions within warehouses and distribution centers in Arkansas, Colorado, Ohio, Pennsylvania, South Carolina and Texas.
"These awards move commercial customers beyond field trials to full fleet conversions," said Tony Troutt, Director of Sales at Plug Power. "Strong support from large customers in diverse industries will drive rapid market adoption."
As part of the $6 M in awards, the DOE will also fund a three-year project to verify the durability and commercial readiness of Plug Power's combined heat and power GenSys product. Designed for residential and light commercial applications, GenSys replaces traditional furnaces and boilers, creating electricity and high-quality heat for the consumer. The DOE funded reliability fleet will be installed in highly visible locations in Southern California, working with Southern California Gas Company, a Sempra Energy utility, and the National Fuel Cell Research Center at the University of California, Irvine.
"We appreciate the DOE's investment and commitment to fuel cell technology," said Katrina Fritz Intwala, Vice President of Government and Public Relations. "Their vision and leadership has facilitated expansion and growth within the industry. This will allow companies like Plug Power and its customers to deploy exciting alternative energy products and accelerate the growth of green jobs."
About Plug Power Inc.
Plug Power Inc. (PLUG:PLUG
News , chart , profile , more
Last:
Delayed quote dataAdd to portfolio
Analyst
Create alert Insider
Discuss
Financials
Sponsored by:
, , ) , an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive, continuous and backup power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.
The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446
Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our growth plan. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable energy products; the cost and timing of developing Plug Power's energy products; market acceptance of Plug Power's energy products; Plug Power's ability to manufacture energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; the cost and availability of fuel and fueling infrastructures for Plug Power's energy products; Plug Power's ability to protect its Intellectual Property; Plug Power's ability to lower the cost of its energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's energy products; and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 16, 2009, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this communication.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Plug Power Inc.
Plug Power Inc.
Media Contact:
Katrina Fritz Intwala
(518) 782-7700 ext. 1360
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
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