Plug Power Introduces Next Generation of GenDrive Fuel Cell Products

Plug Power Inc., a leader in providing clean, reliable energy products, today announced the next generation of its widely deployed GenDrive(R) fuel cell products. Designed as a drop-in replacement for lead-acid batteries in electric lift trucks, GenDrive now features a number of enhancements designed to increase reliability and improve lift and towing capacity.

With a simplified architecture and common system platform featuring 30 percent fewer components, GenDrive now provides customers with greater flexibility in managing deployments. "With our application knowledge and advanced technical capabilities, Plug Power has been able to enhance our GenDrive product offerings in a way that simplifies the system and reduces the parts necessary to manufacture the units," said Adrian Corless, CTO at Plug Power. "As a result, the customer benefits from improved reliability and performance within their lift truck fleet, an important element to building a highly-efficient operation."

The next-generation GenDrive products leverage Plug Power's material handling market expertise and are specifically designed to incorporate the lift truck power needs of its material handling customers. For example, lower-priced GenDrive product options are now available to help customers more cost-effectively meet order picking requirements.

GenDrive units have accumulated more than 5 million hours of runtime at customer sites across North America. Plug Power remains the leader in fuel cell system product deployments, including live sites at Walmart, Sysco, BMW and Coca-Cola. On average, GenDrive customers increase productivity by up to 15 percent, lower operational costs by up to 30 percent and reduce site greenhouse gas emissions by up to 80 percent.

"The expansion of our GenDrive product line will provide Plug Power customers with a rugged and reliable power solution to meet their operational and environmental needs," said Andy Marsh, CEO at Plug Power. "With improved performance and versatility, the next-generation GenDrive product line will help increase lift truck efficiency, while driving down operating costs. Plug Power is now able to service more of the material handling market, enabling more full-fleet conversions of customers eager to adopt this commercially viable solution."

Plug Power will be demonstrating the capabilities of its next-generation GenDrive fuel cell products in booth 441 at the International Foodservice Distributors Association's (IFDA) Distribution Solutions Conference, taking place October 24 - 26, 2011 at the Fort Worth Convention Center in Fort Worth, TX. Plug Power Vice President of Sales and Service, Erik Hansen, will participate in a conference panel discussion on fuel cell technology on Monday, October 24 at 9:30 a.m. in room 202B. In addition, qualified customers who visit the Plug Power booth will be entered to win a free, one-week demonstration of the GenDrive product series.

About Plug Power Inc.

The architects of modern fuel cell technology, Plug Power revolutionized the industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints. Long-standing relationships with industry leaders forged the path for Plug Power's key accounts, including Wegmans, Whole Foods, and FedEx Freight. With more than 1,200 GenDrive units shipped to material handling customers, accumulating over 5 million hours of runtime, Plug Power manufactures tomorrow's incumbent power solutions today. Additional information about Plug Power is available at www.plugpower.com.