LATHAM, N.Y., April 26, 2012 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, today highlights the upcoming speaking schedule of its senior management team. As leaders in the hydrogen fuel cell business, Plug Power has been called upon as experts in the commercialization and deployment of systems in the material handling space. Plug Power currently has over 2,000 GenDrive fuel cell units deployed across North America.
Plug Power's intent, in joining these conferences, is to highlight the commercial viability and success of its GenDrive product in the technologically-advanced material handling industry. The Company values the opportunity to communicate with partners, customers and the investment community. Plug Power's spring 2012 speaking agenda includes:
- Ohio Fuel Cell Coalition's 2012 Ohio Fuel Cell Symposium, May 1-2, Elyria, Ohio
Presentation will occur May 2 from 10:10-10:45 EST
Speaker: Erik Hansen, Vice President of Sales and Hydrogen – Mr. Hansen's presentation will review fuel cell partnerships, trends and applications, specifically highlighting the commercial appeal of Plug Power's GenDrive fuel cell systems. This presentation will also highlight Plug Power's collaboration and sale to Walmart at its Washington Courthouse, Ohio facility.
- Wall Street 1-2-1 Investor Conference, May 10-11, Orlando, Florida
Speaker: Reid Hislop, Vice President of Marketing and Investor Relations – Unlike other financial conferences, Wall Street 1-2-1 will bring together 100 of the nation's leading professional investment firms, such as American Century, Oppenheimer Securities, and Putnam Investment Management. During the fast-paced, two-day period, Mr. Hislop will review the Company's products and strategies for 2012.
- Sidoti & Company Meeting, May 17, New York City, New York
Speaker: Andy Marsh, CEO – Mr. Marsh will participate in one-on-one investor meetings throughout the day organized by Sidoti & Company, Plug Power's most recently acquired analyst.
- Lazard Capital Management Alternative Energy Investor Summit, May 30, New York City, New York
Speaker: Andy Marsh, CEO – Mr. Marsh will meet with investors throughout the day, one-on-one, to discuss the company's strategies for 2012.
- 19th World Hydrogen Energy Conference, June 3-7, Toronto, Canada
Presentation will occur June 6 from 8:30-10:00 EST
Speaker: Andy Marsh, CEO – Mr. Marsh will be speaking on the End User plenary session panel to discuss how Plug Power customers are experiencing tremendous benefits from GenDrive-powered lift truck fleets at their facilities. Speakers joining Mr. Marsh include representatives from Walmart Canada, Daimler, Hydrogenics, and Indian Oil Corporation/HAI.
- Ardour Capital Energy Technology Conference, June 7-8, New York City, New York
Speaker: Gerry Anderson, CFO – Mr. Anderson will deliver Plug Power's 2012 strategy and successes in a presentation to the attending investment audience.
To learn more about these events, including registration details and any future updates or adjustments to the presentation schedule, visit the Upcoming Events section of the Plug Power Web site - http://www.plugpower.com/News/UpcomingEvents.aspx.
About Plug Power Inc.
The architects of modern fuel cell technology, Plug Power revolutionized the industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints. Long-standing relationships with industry leaders forged the path for Plug Power's key accounts, including Wegmans, Whole Foods, and FedEx Freight. With more than 2,000 GenDrive units shipped to material handling customers, accumulating over 5.5 million hours of runtime, Plug Power manufactures tomorrow's incumbent power solutions today. Additional information about Plug Power is available at www.plugpower.com.
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Plug Power Inc. Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.These statements are based on current expectations that are subject to certain assumptions, risks and uncertainties, any of which are difficult to predict, are beyond Plug Power's control and that may cause Plug Power's actual results to differ materially from the expectations in Plug Power's forward-looking statements including the risk that we continue to incur losses and might never achieve or maintain profitability, the risk that we expect we will need to raise additional capital to fund our operations and such capital may not be available to us; the risk that the previously disclosed expected uses of the Company's recently raised capital may change; our lack of extensive experience in manufacturing and marketing products may impact our ability to manufacture and market products on a profitable and large-scale commercial basis; the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; the cost and timing of developing Plug Power's products and its ability to raise the necessary capital to fund such development costs; the cost and availability of fuel and fueling infrastructures for Plug Power's products; market acceptance of Plug Power's GenDrive system; Plug Power's ability to establish and maintain 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 components and parts for Plug Power's products; Plug Power's ability to develop commercially viable products; Plug Power's ability to reduce product and manufacturing costs; Plug Power's ability to successfully expand its product lines; Plug Power's ability to improve system reliability for GenDrive; competitive factors, such as price competition and competition from other traditional and alternative energy companies; Plug Power's ability to manufacture products on a large-scale commercial basis; Plug Power's ability to protect its intellectual property; the cost of complying with current and future governmental regulations; and other risks and uncertainties discussed under "Item IA-Risk Factors" in (i) Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2011, filed with the Securities and Exchange Commission ("SEC") on March 30, 2012 and (ii) in Plug Power's quarterly report on Form 10-Q for the quarter ended September 30, 2011 filed with the SEC on November 9, 2011, as well as in the other reports Plug Power files from time to time with the SEC. Plug Power does not intend to, and undertakes no duty to update any forward-looking statements as a result of new information or future events.
CONTACT: Media Contact: Reid Hislop Plug Power Inc. Phone: (518) 782-7700 ext. 1360 email@example.com Investor Relations Contact: Cathy Yudzevich Plug Power Inc. Phone: (518) 782-7700 ext. 1448 firstname.lastname@example.org