Plug Power Fuel Cells Provide Clean, Reliable Backup Power for New York State Fair
27 Agosto 2007 - 9:51PM
PR Newswire (US)
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/
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