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Plug Power to Announce Second Quarter Results

Posted on: Thursday, 20 July 2006, 09:01 CDT

LATHAM, N.Y., July 20 /PRNewswire-FirstCall/ -- Plug Power Inc. a leading provider of clean, reliable on-site energy will release financial results for the second quarter ended June 30, 2006, on Thursday, July 27, 2006.

In conjunction with the release, the Company will host a live conference call and webcast at 10:00 a.m. (EDT) the day of the release. The dial-in phone number for the conference call is (617) 597-5307, pass code 7584 (PLUG). The webcast can be accessed by going directly to the Company's Web site at http://www.plugpower.com/ and selecting the conference call link on the home page. A playback of the call will be available on the Web site for a period following the call.

About Plug Power

Plug Power Inc. is an established leader in the deployment of clean, reliable, on-site energy products. More than 650 Plug Power fuel cell systems have been delivered to customers worldwide in commercial, public sector, telecommunications, utility and uninterruptible power supply markets. 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/.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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, including, without limitation, the risk that possible strategic benefits of the Smart Hydrogen transaction do not materialize, Plug Power's ability to develop commercially viable on-site energy products; the cost and timing of developing Plug Power's on-site energy products; market acceptance of Plug Power's on-site energy products; Plug Power's ability to manufacture on-site energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's on-site energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; Plug Power's ability to protect its intellectual property; Plug Power's ability to lower the cost of its on-site energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's on- site energy products 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, 2005, filed with the Securities and Exchange Commission ("SEC") on March 14, 2006, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this press release.

Plug Power Inc.

CONTACT: Cynthia Mahoney White, Manager, Public Relations & Marketing ofPlug Power Inc., +1-518-782-7700 ext. 1973, or Mobile +1-518-527-1172, orcynthia_mahoneywhite@plugpower.com

Web Site: http://www.plugpower.com/

Source: PRNewswire-FirstCall

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