Tyco Electronics Power Systems Signs Distribution Agreement for Plug Power's GenCore Fuel Cell System

LATHAM, N.Y., Sept. 21 -- Plug Power Inc. announced today an agreement with Tyco Electronics Power Systems, Inc., under which Tyco Electronics will market and sell Plug Power's GenCore(R)5T fuel cell systems for telecommunication backup applications throughout the United States and Canada.

Under the agreement with Plug Power, Tyco Electronics will market, promote and sell the GenCore product through its direct sales force, under both the Tyco Electronics and Plug Power brands. The distribution agreement formalizes a working relationship between the companies that has been actively addressing technology, marketing, reliability and certification for more than a year, and is complemented by a previously announced nationwide service and installation agreement between Plug Power and Tyco Electronics Installation Services Inc.

"These systems are real and ready to deploy now," said Sabi Varma, Vice President of Marketing and Business Operations at Tyco Electronics Power Systems. "We've taken the time to understand the technology and how it fits into telecom power systems, and we're ready to offer this disruptive technology to the market."

"Tyco Electronics has strong relationships with the major telecommunications companies in both the wireline and wireless sectors," said Mark Sperry, Chief Marketing Officer, Plug Power. "With its reputation, full portfolio of power products and broad expertise, Tyco Electronics brings significant credibility to the sales process, as well as highly capable engineering, sales and marketing organizations. This relationship, combined with our installation and services relationship with Tyco Electronics Installation Services, positions Plug Power with the market access and support necessary to achieve real commercial traction."

About GenCore(R)

GenCore(R)5T is Plug Power's first direct hydrogen 5kW backup power product, designed to increase network reliability while reducing lifecycle costs for telecommunication networks.

About Tyco Electronics Power Systems

Tyco Electronics Power Systems, a division of Tyco Electronics, is a leading global provider of innovative, reliable power supply products including AC-DC and DC-DC switching power supplies, batteries and complete communications and energy power systems. Tyco Electronics Power Systems also offers custom design, engineering, installation and technical support services to its customers.

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 PEMEAS GmbH (formerly Celanese Ventures.) The Company's headquarters are located in Latham, N.Y., with offices in Washington, D.C., and The Netherlands.