TORONTO-- Hydrogenics Corporation (HYGS)(CA:HYG) announced today that is has signed an agreement with Japan's Hitachi Zosen Corporation (Hitz) to develop hydrogen fuel cell-based power products. The agreement will see Hydrogenics combine its expertise in hydrogen fuel cell power systems with Hitz' power technology and experience with Japanese power markets.

"Japan is one the key countries leading the hydrogen economy, and this agreement with Hitz will help Hydrogenics take advantage of these opportunities," said Pierre Rivard, Hydrogenics' president and CEO. "This relationship will allow us to showcase our HyPM technology to the Japanese market, while allowing Hitz to enter into power markets that are currently untapped. We are excited to work with Hitz to develop power products for a variety of markets, including distributed generation markets."

"Hydrogenics is a world leader in hydrogen fuel cell technologies and by working together we'll be offering the Japanese market even more innovative power solutions," said Masaru Wakabayashi, managing director of, Hitachi Zosen Corporation. "The opportunities for hydrogen fuel cells in Japan are immense and we're excited to be taking these important steps toward hydrogen fuel cell commercialization."

The collaboration between Hitz and Hydrogenics will focus on stationary power applications, but will also investigate markets for transportation and hydrogen generation.

About Hydrogenics

Hydrogenics Corporation (http://www.hydrogenics.com) is a leading global developer of clean energy solutions, advancing the Hydrogen Economy by commercializing hydrogen and fuel cell products. The company has a portfolio of products and capabilities serving the hydrogen and energy markets of today and tomorrow. Hydrogenics, based in Mississauga, Ontario, Canada, has operations in North America, Europe and Asia.

About Hitichi Zosen Corporation

Hitachi Zosen Corporation (http://www.hitachizosen.co.jp) forges ahead as a technology and business innovator that provides environment, energy, industrial machinery, precision machinery, electronic and information systems in an integrated manner, and presses head with the promotion of high-value- added total-solution business. The company is working to cut greenhouse gases, utilize renewable energy and make effective use of waste heat.

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