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Plug Power Adds Eric Prades to Board of Directors



Plug Power Adds Eric Prades to Board of Directors

   Hydrogen Energy Industry Expert and CEO of Air Liquide Advanced Business
 Brings Extensive International Experience to Plug Power's Board of Directors

LATHAM, N.Y., June 20, 2013 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG),
a leader in providing clean, reliable energy solutions, has been advised that
Eric Prades, CEO of Air Liquide Advanced Business, will join its board of
directors as a director.

Prades brings more than 20 years of international strategic and operations
leadership from his work at Air Liquide, especially in Hydrogen Energy
markets. Since 2008, the Group has grown to become a leader within the
European hydrogen industry, having deployed hundreds of hydrogen fuel-cell
systems.

Prades also oversees the Horizon Hydrogen Energy (H2E) program, an ambitious
200 million Euro research and development program, working to build
sustainable and competitive hydrogen-energy solutions in France, throughout
2009 to 2016. The program, lead by Air Liquide, involves 19 other French
companies, and is funded by Oseo, the French agency for innovation.

Before joining Air Liquide, Prades was at Thomson Group, where he had
extensive operations experience in Europe and Asia through a variety of
positions, ending as the General Manager of Operations for Thailand.

Prades joins the Plug Power board as part of a strategic $6.5 million
investment that will help fuel the company's strategy to grow its hydrogen
fuel cell business for forklift trucks and other horizontal markets. The
company's flagship GenDrive fuel cells are successfully deployed at customer
sites such as Walmart, Sysco, P&G, BMW and the recently announced Ace Hardware
Corp.

"Eric's deep understanding of the technology and business dynamics of the
hydrogen fuel cell market makes him a perfect candidate for our board of
directors," said Andy Marsh, President and CEO of Plug Power. "I am pleased to
welcome Eric to our board and I look forward to working with him as we grow
Plug Power."

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
Walmart, Sysco, P&G and Mercedes. With more than 4,000 GenDrive units deployed
to material handling customers, accumulating over 10 million hours of runtime,
Plug Power manufactures tomorrow's incumbent power solutions today. Additional
information about Plug Power is available at www.plugpower.com.

Safe Harbor Statement

This communication contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements are
based on current expectations that are subject to certain assumptions, risks
and uncertainties, any of which are difficult to predict, are beyond
our control and that may cause our actual results to differ materially from
the expectations in such forward-looking statements, including the risk that
we may not have sufficient cash to fund our operations to profitability and
that we may be required to seek strategic alternatives, including but not
limited to a potential business combination or a sale of the company, or
reduce and/or cease our operations, that unit orders will not ship, be
installed and/or convert to revenue, in whole or in part; development of our
products may take longer and cost more than we expect and we may not be able
to raise the necessary capital to fund such development costs; we may not be
able to increase the margin on the sale of our products as much as expected or
at all ; our actual net cash used for operating expenses may exceed our
projected net cash for operating expenses; the fuel and fueling
infrastructures for our products may not be available or may cost more than
expected; our GenDrive system may not reach wider market acceptance; we may
not be able to establish and maintain necessary relationships with third
parties for product development, manufacturing, distribution and servicing and
the supply of key product components; components and parts for our products
may not be available or may cost more than expected; we may be unable to
develop commercially viable products; we may be unable to reduce product and
manufacturing costs; we may be unable to successfully expand our product
lines; we may be unable to improve system reliability for GenDrive; we may
suffer price competition and competition from other traditional and
alternative energy companies; we may be unable to manufacture products on a
large-scale commercial basis; we may be unable to protect our intellectual
property; compliance with current and future governmental regulations may be
costly; and other risks and uncertainties discussed under "Item IA-Risk
Factors" in our annual report on Form 10-K for the fiscal year ended December
31, 2012, filed with the Securities and Exchange Commission ("SEC") on April
1, 2013 and as amended on April 30, 2013, and the reports we file from time to
time with the SEC. We do not intend to, and we undertake no duty to update any
forward-looking statements as a result of new information or future events.

CONTACT: For additional information contact:
         David Rodewald / Karen Freedman
         +1 805-494-9508
         The David James Agency | Plug Power
         plugpower@davidjamesagency.com

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