| New Executives
Strengthen Company's Existing Management Team
LATHAM, N.Y.-- Plug Power Inc. (Nasdaq:
PLUG), a leader in providing clean, reliable on-site energy products, recently
appointed several key management positions, including Jean Nelson as Chief
Financial Officer, Allan Greenberg as Vice President of Sales, Thomas Hutchison
as Vice President of Engineering and Joseph Millington as Vice President
of Human Resources.
"Smart Hydrogen's recent investment
has given Plug Power the financial flexibility to evaluate a number of
alternatives in terms of market engagement, strategic partnership and technical
development," said Roger Saillant, Plug Power's CEO. "This position of
financial strength also facilitates the addition of seasoned executives
from around the country to supplement the existing management team in its
ongoing pursuit of Company objectives."
Nelson has 25 years' experience in
finance with expertise in operational financial management, investor relations
and transaction work. Nelson's experience includes senior financial positions
ranging from Fortune 100 companies to mid-size technology firms. Her contribution
at numerous companies has included successful financial leadership during
challenging, transformational periods. Nelson has joined Plug Power from
Virbac Corporation, where she was Executive Vice President and Chief Financial
Officer.
Prior to joining Plug Power, Greenberg
has more than 20 years of global sales, marketing and business development
experience, most recently specializing in start-ups and turnaround companies.
He also has considerable experience guiding sales, marketing and business
development operations for established mission critical solution providers
such as Compaq and Nortel.
Hutchison spent nearly 30 years working
for Ford Motor Company in a number of leadership and engineering positions,
including Director of European Operations and Chief Engineer, among others.
Plug Power expects that his global experience and specialization in leveraging
collaborative opportunities to increase productivity will significantly
contribute to the Company's engineering operations and overall corporate
culture.
Millington has more than 20 years'
experience in human resources and organizational development, including
more than 10 years working in global assignments with Hewlett-Packard,
Quantum Corporation and Acterna. While working for Hewlett-Packard, Millington
created a comprehensive corporate change management methodology. He also
has extensive experience with organizational integration related to several
mergers and acquisitions.
About Plug Power
Plug Power Inc. (NASDAQ: PLUG - News),
an established leader in the development and deployment of clean, reliable,
on-site energy products, currently integrates fuel cell technology into
backup power products for telecommunications, utility and uninterruptible
power supply applications. The Company is actively engaged with private
and public customers in targeted markets, including the United States,
Europe, 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.

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