Plug Power Hosts Conference Call to Discuss January Business Update
By GlobeNewswire, January 16, 2014, 07:00:00 AM EDT
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LATHAM, N.Y., Jan. 16, 2014 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, will today host a conference call where the Company's President and CEO, Andy Marsh, will provide a business update and answer questions.
Mr. Marsh will highlight factors driving the acceleration of the business:
• The Company closed $32M in bookings in the fourth quarter of 2013.
•Plug Power continues to expect first quarter 2014 booking to exceed the past quarter.
•Plug Power's turnkey solution, and the included elements, make this a favorable solution for customers.
Finally, Mr. Marsh will discuss Plug Power's unique position in the fuel cell industry, including how Plug Power plans to remain the market leader in the deployment of PEM fuel cell technology as the market expands in the coming years. "Without question, the Company is the premier systems integrator of PEM fuel cells serving Fortune 500 customers like Kroger, BMW, and Walmart in 24x7 operations," said Andy Marsh. "As the market for fuel cells expands into mobile applications like range extenders, transport refrigeration units and ground support equipment, no company is better positioned to leverage its expertise to penetrate these markets."
Plug Power will host a live webcast, including slides, today at 10:00 am ET. The webcast can be accessed by going directly to the Plug Power Web site (www.plugpower.com) and selecting the webcast link in the spotlight section of the home page. The webcast audio and slides will be archived for a period of time following the call.