Ballard Congratulates SDTC On 'Budget 2013' Funding Commitment

        Ballard Congratulates SDTC On 'Budget 2013' Funding Commitment

PR Newswire

VANCOUVER, March 25, 2013

VANCOUVER, March 25, 2013 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP)
(TSX: BLD) congratulates Sustainable Development Technology Canada (SDTC) on
the commitment received in the recently released Budget 2013 of $325 million
over eight years for investment in Canadian cleantech companies.

John Sheridan, President and CEO of Ballard said, "The Government of Canada,
through SDTC, is doing important work to support development and
commercialization of Canada's cleantech sector, including a number of projects
that have involved Ballard. The projects with Ballard have contributed to an
enhanced competitive position for our state-of-the-art clean energy fuel cell
solutions in such international markets such as Indonesia, China, Europe,
South Africa and the United States."

To date, through its SD Tech Fund^TM SDTC has allocated $592 million to 245
clean technology projects, leveraged by $1.5 billion primarily from industry.
SDTC has a total portfolio value of over $2 billion. These investments have
been bolstered by an additional $2.3 billion from the private sector in
follow-on financing into SDTC's more mature companies, leading to a 15 times
leveraging of the Government's investment.

Ballard is currently supported by SDTC on two projects designed to improve
durability and further reduce lifecycle cost of products the Company
manufactures for use in the development stage Bus and Distributed Generation

About Ballard Power Systems

Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel
cell products enabling optimized power systems for a range of applications.
Products deliver incomparable performance, durability and versatility. To
learn more about Ballard, please visit

This release contains forward-looking statements concerning product
development activities and projected outcomes. These forward-looking
statements reflect Ballard's current expectations as contemplated under
section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Any such forward-looking
statements are based on Ballard's assumptions relating to its financial
forecasts and expectations regarding its product development efforts,
manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause Ballard's
actual results to be materially different, including general economic and
regulatory changes, detrimental reliance on third parties, successfully
achieving our business plans and achieving and sustaining profitability. For a
detailed discussion of these and other risk factors that could affect
Ballard's future performance, please refer to Ballard's most recent Annual
Information Form. Readers should not place undue reliance on Ballard's
forward-looking statements and Ballard assumes no obligation to update or
release any revisions to these forward looking statements, other than as
required under applicable legislation.

Guy McAree +1.604.412.7919,

SOURCE Ballard Power Systems Inc.


Guy McAree +1.604.412.7919,
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