Plug Power Names New Executive

Company names Robert Sinuc VP of engineering.

Published: 02-Feb-2001

LATHAM, N.Y., Feb. 2 /PRNewswire/ -- Plug Power Inc. (Nasdaq: PLUG), today announced the appointment of Robert Sinuc as Vice President of Engineering.

Sinuc brings to Plug Power more than 30 years of experience in engineering, manufacturing, logistics and customer relations with GE Plastics, Allied Signal and Honeywell. He has extensive experience developing products and bringing them to market and has had direct operating responsibilities in numerous countries including the United States, The Netherlands and Germany. Sinuc has a BS in Chemical Engineering from Worcester Polytechnic Institute.

"The appointment of Robert will strengthen our executive management team significantly," said Roger Saillant, Plug Power's president and chief executive officer. "We are confident that his extensive experience and expertise working for global corporations will make a considerable contribution to our ongoing leadership position in the residential fuel-cell industry."

In addition, Plug Power will release their financial results for the quarter ended December 31, 2000, on Friday, February 9, 2001. In conjunction with the release, the company will have a live conference call and webcast at 10:00 a.m. (EST) on the day of the release. Roger Saillant, Plug Power's president and chief executive officer and William Largent, Plug Power's chief financial officer, will host the call. The dial in phone number for the conference call is (913) 981-5572. The live webcast can be accessed by logging onto http://www.plugpower.com. A playback of the call will be available on the web site for at least one month following the call.

Plug Power is a leading designer and developer of on-site electricity generation systems utilizing proton exchange membrane fuel cells for residential applications. The Latham, N.Y.- based company was founded in 1997, as a joint venture of DTE Energy Company and Mechanical Technology Incorporated. Plug Power Holland was founded in February 2000 as the first European operation base of Plug Power. The product will be sold globally through a joint venture with the General Electric Company, one of the world's leading suppliers of power generation technology and energy services. DTE Energy Technologies will distribute the units in Michigan, Illinois, Ohio and Indiana.

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