PLUG Plug Power Inc

SYRACUSE, N.Y., Aug. 27 /PRNewswire-FirstCall/ -- Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable on-site energy products, has installed four GenCore(R) fuel cell systems at the New York State Fairgrounds to provide backup power for key communications infrastructure, including a public address (PA) system that is critical in emergency response situations. The system providing backup power for the PA system is installed at the Coliseum, a sporting arena that includes an ice skating rink. The other three stationary GenCore systems are installed at three separate buildings, providing backup power for telecommunications systems, fiber optics and computer networks. "It's critical that we're prepared in the event of a power outage or other emergency, especially with respect to our ability to communicate with people throughout the fairgrounds, which spans nearly 400 acres," said Dan O'Hara, the Director of the New York State Fair, a division of the New York State Department of Agriculture. Currently, the New York State Fairgrounds is hosting the 161st Annual New York State Fair, which will continue through Labor Day on Sept. 3. The New York State Fairgrounds host statewide events throughout the year that can benefit from the reliable backup power provided by GenCore. "About one million people visit the fair each year. The enhanced reliability offered by the GenCore fuel cell systems will help ensure the safety of visitors as well as the continuity of our operations," noted O'Hara. "Because of their proven reliability and effectiveness, fuel cells are gaining traction with New York State in a variety of backup power applications," said Mark Sperry, Plug Power's Chief Marketing Officer. "And as state agencies across the country upgrade their systems with new equipment and technology, we expect that fuel cells will become the preferred backup power source for mission critical applications." The New York Power Authority (NYPA) provided the funding for the four installations as part of a program to deploy fuel cells that will provide backup power at 22 public safety communications facilities across New York State. About GenCore(R) The GenCore product line includes backup power products for the telecommunication, uninterruptible power supply and electric utility markets. The hydrogen-fueled GenCore 5-kilowatt backup fuel cell system is available in seven configurations to serve the broad needs of these diverse applications. About Plug Power Plug Power Inc. (NASDAQ:PLUG), an established leader in the development and deployment of clean, reliable on-site energy products, integrates fuel cell technology into backup and primary power products for telecommunications, material handling, utility and uninterruptible power supply applications. The Company is actively engaged with private and public customers in targeted markets throughout the world, including North America, Europe, the Middle East, Russia, South Africa and South America. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit http://www.plugpower.com/. Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to our 2007 milestones and statements regarding our growth plans. 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 the anticipated synergies of the Cellex Power Products and General Hydrogen acquisitions are not realized; 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 on-site energy products; the cost and timing of developing Plug Power's on-site energy products; market acceptance of Plug Power's on- site energy products; Plug Power's ability to manufacture on-site 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 on-site 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; Plug Power's ability to protect its intellectual property; Plug Power's ability to lower the cost of its on-site 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 on-site 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, 2006, filed with the Securities and Exchange Commission ("SEC") on March 16, 2007, 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 press release. DATASOURCE: Plug Power Inc. CONTACT: Allen Bucknam of Plug Power Inc., +1-518-782-7700 ext. 1973, Web site: http://www.plugpower.com/

Copyright