24.06.04

24.6.2004: Meldung: Plug Power Inc.: Tyco Signs Service Agreement for Plug Power"s GenCore Fuel Cell System

Tyco Electronics Installation Services Signs Service Agreement for Plug Power"s GenCore Fuel Cell System
Tuesday June 22, 7:38 am ET

LATHAM, N.Y., June 22 / Plug Power Inc. (Nasdaq: PLUG - News) announced today that the Company has signed an agreement with Tyco Electronics Installation Services Inc., under which Tyco will install and service Plug Power"s GenCore® fuel cell systems throughout the United States and its territories.

"We are excited to be working with Plug Power, a leading-edge provider of new technologies targeted at the telecommunications industry," said Terrence Cummings, Vice President and General Manager, Tyco Electronic Installation Services. "This relationship will enhance the growth opportunities available to us in providing installation, engineering and maintenance services to the backup power market."

Tyco Electronics Installation Services has a nationwide footprint covered by more than 300 qualified technicians who will be available to install and service the GenCore product line. Plug Power has already trained a number of Tyco technicians to operate, install and maintain Plug Power GenCore systems. Tyco is incorporating GenCore-specific training into the basic curriculum available to its service force.

"This is great news for our current and future customers," said Mark Sperry, Chief Marketing Officer, Plug Power. "We now have a well known and respected service organization standing behind our GenCore product. Our customers can have our systems installed and serviced by our new partner, Tyco Electronic Installations Services, anywhere in the United States."

Plug Power and Tyco are both exhibiting the GenCore product at SuperComm, the world"s largest annual all-inclusive exhibition and conference for communication service providers and private network managers, this week at McCormick Place in Chicago, IL. Plug Power"s booth is #25539, Tyco"s booth number is #25235. For more information on the show go to http://www.supercomm2004.com

About Tyco Electronics Installation Services Inc.

Tyco Electronics Installation Services Inc., a subsidiary of Tyco Electronics, is a leading provider of services in the communications market. Tyco Electronics Installation Services Inc. offers DC power installation and maintenance support services to its customers through a nationwide workforce of approximately 300 technicians.

About Plug Power

Plug Power Inc. designs and develops on-site energy systems based on proton exchange membrane fuel cells. Plug Power"s strategic partners include GE Fuel Cell Systems, DTE Energy Technologies, Vaillant GmbH, Honda R&D Co., Ltd., Engelhard Corporation and Celanese Ventures. The Company"s headquarters are located in Latham, N.Y., with offices in Washington, D.C., and The Netherlands.


Source: Plug Power Inc.
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