Plug Power and Vaillant Group Receive Award From European Commission for Fuel Cell System Prototypes.

PR Newswire Europe, December, 2006

LATHAM, New York, December 14 /PRNewswire/ --

Plug Power Inc. (Nasdaq: PLUG) and Vaillant Group of Germany have been selected by the European Commission to receive a grant for the international development and demonstration of three high temperature combined heat and power proton exchange membrane (HT-PEM) fuel cell system prototypes.

"This grant helps Plug Power and its partners accelerate the application of fuel cell systems as heat and power sources for commercial and residential structures," said Dr. Roger Saillant, Plug Power's CEO. "Moreover, the project sets an exciting precedent for the future of fuel cell development as a response to the increasing global demand for transformational clean energy products."

The European Commission...

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