Plug Power's CFO to Present Company Growth Strategy At Upcoming Investor Conference

Live Webcast Can be Accessed Through the Company's Web Site


LATHAM, N.Y., March 17, 2008 (PRIME NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), announced today that Chief Financial Officer, Gerry Anderson, will present to investors at the Citi Small & Mid-Cap Conference in Las Vegas, Nevada.

The presentation will take place on Tuesday, March 18th, at 3:05 p.m. Pacific Time - 6:05 p.m. Eastern Daylight Time. Anderson will discuss Plug Power's growth strategy and market opportunities for its products and services within the various markets it serves. Investors can schedule one-on-one meetings with Anderson and Mark Sperry, Vice President and General Manager, Continuous Power Division, by contacting the conference organizer.

The presentation will be webcast live. Those interested in listening can access the broadcasts by going directly to Plug Power's Web site at www.plugpower.com and selecting the investor conference link on the homepage. A playback of the web cast will be available for a short period following the conference.

About Plug Power

Plug Power Inc. (Nasdaq:PLUG), an established leader in the development and deployment of clean, reliable on-site energy solutions, integrates fuel cell and reformer technology into backup, motive and continuous power products. The company is actively engaged with private and public customers in targeted markets throughout the world, including North America, Europe, the 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 www.plugpower.com.

The Plug Power, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4446

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to our 2007 milestones and statements regarding our growth plans. 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 the anticipated synergies of the Cellex Power Products, Inc. and General Hydrogen Corp. (now amalgamated as Plug Power Canada Inc.) acquisitions are not realized; the risk that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; 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, 2006, filed with the Securities and Exchange Commission ("SEC") on March 16, 2007, 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.



            

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