Plug Power Opens Booth at UTC Telecom & Technology 2017

LATHAM, N.Y., May 10, 2017 -- Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, will open its booth today at the UTC Telecom & Technology 2017, happening now through May 11, 2017 at the Charlotte Convention Center in Charlotte, NC.

Attendees at UTC Telecom & Technology have three ways to experience Plug Power’s industry-leading hydrogen and fuel cell solutions.

1. Visit booth 205 to learn about the economically-viable business case for Plug Power’s GenKey ‘power, fuel and service’ solutions. 
2. Visit the Smart Systems for Smarter Communities - Utility Operations showcase booth, where Plug Power has joined other industry leaders, and is demonstrating how Plug Power fuel cell systems are part of intelligent community planning today. 
3. Attend Plug Power’s presentation on Thursday at 4:30pm ET in the “Emerging Technologies for the Future Utility” conference track.  The topic will be “5 Evolutions in Fuel Cells for Utility Telecom that can Move Your Business into the Future.” 

Plug Power's GenSure fuel cell solutions provide scalable, clean, cost-effective performance while offering an unparalleled degree of flexibility in addressing the space and runtime constraints of customer locations.  The Plug Power GenSure integrated cabinet promotes a single cabinet solution for network power and communications equipment, and includes GenSure hydrogen fuel cells to provide the backup power.  The cabinet solution offers up to 87% footprint savings versus a small communications shelter and separate diesel or natural gas  generator.

"Plug Power's GenSure division offers a proven path for hydrogen and fuel cell technologies to help stationary and network-power customers move their businesses into the future," said Andy Marsh, CEO of Plug Power. "Plug Power's GenSure solution makes sense economically, operationally and sustainably. We look forward to discussing this in booth 205 at UTC Telecom & Technology this week."

UTC Telecom & Technology 2017 offers a week filled with educational sessions, networking activities, executive leadership, and a look at the latest technologies for utility excellence. Attendees from electric, water and gas utilities of all shapes and sizes have converged in Charlotte. 

For more information on Plug Power and its solutions, visit  www.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 Harbor Statement
This 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 2016 objectives, including goals relating to revenue, sales, booking, gross margin and GenKey and GenFuel installations 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 at, 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, ReliOn 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. For additional disclosure regarding these and other risks faced by PLUG, see disclosures contained in PLUG's public filings with the Securities and Exchange Commission (the "SEC") including, the "Risk Factors" section of PLUG's Annual Report on Form 10-K for the year ended December 31, 2016. 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.

Plug Power Media Contact
Teal Vivacqua
[email protected]

Plug Power Investor Relations Contact
John Cococcia
[email protected]