Plug Power Senior Management Team Hits the Road to Promote Fuel Cell Impact on the Material Handling Market
09 Settembre 2010 - 8:12PM
Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean,
reliable energy solutions, highlights activities of its senior
management team intended to promote its GenDrive™ product for the
material handling market. During the month of September,
upper-level management will travel across the United States
targeting investment, sales and educational audiences.
On September 14, 2010, CFO, Gerry Anderson, will present to
investors at the Wedbush Clean Technology and Industrial Growth MAC
2010 conference in San Francisco, California. Mr. Anderson will
give an overview of Plug Power's strategy to commercialize its fuel
cell power solution in material handling applications. Mr.
Anderson's presentation will begin at 11:35 am ET (8:35 am PT).
Interested parties are invited to view the webcast by going
directly to the Plug Power Web site (www.plugpower.com) and
selecting the conference link on the home page. A playback of the
webcast will be available online for a period following the
conference.
Following Mr. Anderson's presentation in California, Plug
Power's Vice President of Marketing and Investor Relations, Reid
Hislop, will present to investors at the Modern Energy Investor
Forum on September 23, 2010. Taking place in Denver, Colorado, the
Modern Energy Investor Forum will give Mr. Hislop a platform to
address the market potential seen in the material handling space,
and where Plug Power will focus its sales efforts to maximize sales
momentum in the upcoming quarters.
Plug Power will participate alongside premier customer, GENCO
Supply Chain Solutions, in the CSCMP Annual Global Conference,
September 26-29, 2010 in San Diego, California. Plug Power's
class-3 GenDrive product will be featured in booth 809 at the
Supply Chain of the Future exhibit where attendees can learn why
fuel cell solutions are a large piece of building a
high-performance supply chain operation. Plug Power's GenDrive is
an example of the cutting edge solutions being used by material
handling customers today to increase productivity and lower
operational costs of their businesses. To learn more about the
CSCMP Conference, visit cscmpconference.org.
Plug Power has also been invited to present at the California
Hydrogen Business Council's next quarterly meeting on September 30
on the Company's recent successes. Additional support will be given
at a Technology Summit sponsored by GE Global and the Advanced
Energy Conference, where CTO, Adrian Corless, will join a panel
discussion on Energy Storage Options for Fuel Cells. More
information about these events and others can be found on the Plug
Power Web site at www.plugpower.com.
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 our key accounts, including Wegmans, Whole
Foods, and FedEx Freight. With more than 1,000 units in the
field and over 1.5 million hours of runtime, Plug Power
manufactures tomorrow's incumbent power solutions today. Visit us
at 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 expectations regarding revenues
and product orders for 2010. 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
our control and that may cause our actual results to differ
materially from the expectations in our forward-looking statements
including statements regarding 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 our products and our ability to
raise the necessary capital to fund such development costs; the
ability to achieve the forecasted gross margin on the sale of our
products; the actual net cash used for operating expenses may
exceed the projected net cash for operating expenses; the cost and
availability of fuel and fueling infrastructures for our products;
market acceptance of our GenDrive system; our 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 our products; our ability to develop
commercially viable products; our ability to reduce product and
manufacturing costs; our ability to successfully expand our product
lines; our ability to improve system reliability for GenDrive;
competitive factors, such as price competition and competition from
other traditional and alternative energy companies; our ability to
manufacture products on a large-scale commercial basis; our ability
to protect our intellectual property; the cost of complying with
current and future governmental regulations; and other risks and
uncertainties discussed under "Item IA-Risk Factors" in our annual
report on Form 10-K for the fiscal year ended December 31, 2009,
filed with the Securities and Exchange Commission ("SEC") on March
16, 2010, and the reports we file 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: Plug Power Inc.
Media Contact:
Reid Hislop
(518) 782-7700 ext. 1360
media@plugpower.com
Investor Relations Contact:
Cathy Yudzevich
(518) 782-7700 ext. 1448
investors@plugpower.com
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