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Plug Power Announces Negotiations With General Hydrogen
Publication Date:18-April-2007
05:00 PM US Eastern Timezone 
Source:FuelCell Works
LATHAM, N.Y., and VANCOUVER, British Columbia--Plug Power Inc. (Nasdaq: PLUG), a leader in providing clean, reliable on-site energy products, today announced that the Company is in the process of negotiating the acquisition of General Hydrogen Corporation, a leader in hydrogen fuel cell power packs as battery replacement technology for electric lift trucks and other industrial vehicles.

Although the parties' discussions are ongoing, there can be no assurance that such discussions will result in a transaction between the parties. Plug Power will issue a public announcement if and when a binding agreement has been completed and will provide additional details at that time.

About General Hydrogen Corporation

General Hydrogen is headquartered in Richmond, British Columbia, near Vancouver, and has a sales and service center in Gallatin, Tennessee. It is a private, Delaware-registered company that develops and commercializes fuel cell power packs and hydrogen fueling solutions for a variety of industrial electric vehicles and off-road equipment. For more information, please visit http://www.generalhydrogen.com.

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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