Plug Power Opens Booth at ProMat 2019 Displaying Hydrogen and Fuel Cell Solutions
April 08 2019 - 7:00AM
Plug Power Inc. (NASDAQ:PLUG), a leader providing energy solutions
that change the way the world moves, will open its booth today at
ProMat 2019, happening now through April 11 at McCormick Place in
Chicago, IL.
Visit Booth N6742 to get hands-on experience with Plug Power’s
wide variety of logistics solutions, including GenDrive fuel cell
systems, GenFuel hydrogen fueling stations, and ProGen fuel cell
engine. The display will showcase:
- A GenDrive-powered pallet jack, with an interactive GenFuel
hydrogen dispenser;
- Plug Power’s indoor and outdoor hydrogen power solutions for
manufacturing, e-commerce, retail, grocery distribution companies,
and supply chain logistics; and
- The “Forklift Faceoff” video game and interactive hydrogen quiz
for attendees;
Plug Power is the industry leader in providing sustainable, zero
emission hydrogen solutions for material handling and logistics
vehicles. To date, Plug Power has deployed fuel cell systems to
power over 25,000 electric vehicles and performs over 20,000
fuelings daily on Plug Power hydrogen fueling stations.
“Plug Power’s GenDrive technology is revolutionizing the way
manufacturers and logistics companies move, and we’re thrilled to
be back at ProMat,” said Andy Marsh, CEO of Plug Power. “We make
solutions that work, sustainably and economically, for some of the
largest material handling customers in North America and around the
world. We look forward to meeting ProMat’s attendees and discussing
our solutions to improve productivity and operational efficiency
further at Booth N6742.”
ProMat is the largest exposition for manufacturing and supply
chain professionals, with over 1,000 exhibitors demonstrating their
material handling, manufacturing, and logistics equipment and
technologies. The conference will feature over 130 sessions,
including floor seminars, keynotes, and networking opportunities
with leading industry professionals.
To schedule a meeting directly with Plug Power’s team at ProMat
2019, please email gendrive@plugpower.com.
About Plug Power Inc.
The
architect of modern hydrogen and fuel cell technology, Plug Power
is the innovator that has taken hydrogen and fuel cell technology
from concept to commercialization. Plug Power has revolutionized
the material handling industry with its full-service GenKey
solution, which is designed to increase productivity, lower
operating costs and reduce carbon footprints in a reliable,
cost-effective way. The Company’s GenKey solution couples together
all the necessary elements to power, fuel and serve a customer.
With proven hydrogen and fuel cell products, Plug Power replaces
lead acid batteries to power electric industrial vehicles, such as
the lift trucks customers use in their distribution centers.
Extending its reach into the on-road electric vehicle market, Plug
Power’s ProGen platform of modular fuel cell engines empowers OEMs
and system integrators to rapidly adopt hydrogen fuel cell
technology. ProGen engines are proven today, with thousands in
service, supporting some of the most rugged operations in the
world. Plug Power is the partner that customers trust to take their
businesses into the future. www.plugpower.com.
Safe HarborThis communication contains
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 that involve significant
risks and uncertainties about Plug Power Inc.("PLUG"), including
but not limited to statements about PLUG's expectations regarding
growth in Europe, revenue, growth with GenKey customers and its
project financing platform. You are cautioned that such statements
should not be read as a guarantee of future performance or results,
and will not necessarily be accurate indications of the times that,
or by which, such performance or results will have been achieved.
Such statements are subject to risks and uncertainties that could
cause actual performance or results to differ materially from those
expressed in these statements. In particular, the risks and
uncertainties include, among other things, the risk that we
continue to incur losses and might never achieve or maintain
profitability; the risk that we will need to raise additional
capital to fund our operations and such capital may not be
available to us; the risk that 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, in whole or in part; the
risk that pending orders may not convert to purchase orders, in
whole or in part; the risk that a loss of one or more of our major
customers could result in a material adverse effect on our
financial condition; the risk that a sale of a significant number
of shares of stock could depress the market price of our common
stock; the risk that negative publicity related to our business or
stock could result in a negative impact on our stock value and
profitability; the risk of potential losses related to any product
liability claims or contract disputes; the risk of loss related to
an inability to maintain an effective system of internal controls
or key personnel; the risks related to use of flammable fuels in
our products; 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 may exceed the projected net cash
for operating expenses; the cost and availability of fuel and
fueling infrastructures for our products; market acceptance of our
products, including GenDrive, GenSure and GenKey systems; the
volatility of our stock price; 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 successfully expand internationally; our
ability to improve system reliability for our GenDrive, GenSure and
GenKey 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; risks associated with
potential future acquisitions; and other risks and uncertainties
referenced in our public filings with the Securities and Exchange
Commission (the “SEC”). For additional disclosure regarding these
and other risks faced by PLUG, see disclosures contained in PLUG's
public filings with the SEC including, the "Risk Factors" section
of PLUG's Annual Report on Form 10-K for the year ended December
31, 2018. You should consider these factors in evaluating the
forward-looking statements included in this presentation and not
place undue reliance on such statements. The forward-looking
statements are made as of the date hereof, and PLUG undertakes no
obligation to update such statements as a result of new
information.
SOURCE: PLUG POWER
Media Contact Kate GundryPluck
617.797.5174plugpower@pluckpr.com
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