Plug Power Publishes Playback of January Business Update Webcast
16 Gennaio 2014 - 7:00PM
Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean,
reliable energy solutions, has published a replay of its January
Business Update webcast. Due to technical difficulties that may
have been caused by high volume to Plug Power's web site, the
webcast link was unavailable to some attendees.
The webcast is posted on the homepage of Plug Power's web site,
www.plugpower.com, and can be directly linked at
https://event.webcasts.com/viewer/event.jsp?ei=1027963.
About Plug Power Inc.
The architects of modern fuel cell technology, Plug Power is
revolutionizing 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 Walmart,
Sysco, P&G and Mercedes. With more than 4,000 GenDrive units
deployed to material handling customers, accumulating over 16
million hours of runtime, Plug Power manufactures tomorrow's
incumbent power solutions today. Additional information about Plug
Power is available at www.plugpower.com.
Plug Power Inc. Safe Harbor Statement
This communication contains statements that are not historical
facts and are considered forward-looking within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, including but not limited to
statements regarding our expectations regarding the acceptance,
performance and impact of our GenKey offering, including a more
predictable business model and revenue stream. These
forward-looking statements contain projections of our future
results of operations or of our financial position or state other
forward-looking information. 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. Investors are cautioned not to unduly
rely on forward-looking statements because they involve risks and
uncertainties, and actual results may differ materially from those
discussed as a result of various factors, including, but not
limited to: the risk that we continue to incur losses and might
never achieve or maintain profitability, the risk that we may need
to raise additional capital to fund our operations and such capital
may not be available to us; the risk that we may not have enough
cash to fund our operations to profitability and if we are unable
to secure additional capital, we may need to reduce and/or cease
our operations; the risk that a "going concern" opinion from our
auditors, KPMG LLP, could impair our ability to finance its
operations through the sale of equity, incurring debt, or other
financing alternatives; 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 converted to revenue; the risk that pending orders
may not convert to purchase orders; the risk that we fail to comply
with NASDAQ's listing standards which may result in our common
stock being delisted from the NASDAQ stock market, which may
severely limit our ability to raise additional capital; the cost
and timing of developing, marketing and selling our products and
our ability to raise the necessary capital to fund such costs; the
ability to achieve the forecasted gross margin on the sale of our
products; the risk that our actual net cash used for operating
expenses exceeds our projected net cash for operating expenses; the
cost and availability of fuel and fueling infrastructures for our
products; market acceptance of our GenDrive systems; 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
our GenDrive systems; competitive factors, such as price
competition and competition from other traditional and alternative
energy companies; our ability to protect our intellectual property;
the cost of complying with current and future federal, state and
international governmental regulations; 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, 2012, filed with the Securities and Exchange
Commission ("SEC") on April 1, 2013 and as amended on April 30,
2013 and the reports Plug Power filed from time to time with the
SEC. These forward-looking statements speak only as of the date on
which the statements were made and are not guarantees of future
performance. Except as may be required by applicable law, we do not
undertake or intend to update any forward-looking statements after
the date of this communication.
CONTACT: Media Contact
Teal Vivacqua
518.738.0269
media@plugpower.com
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