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Coca-Cola Consolidated to Install Hydrogen Fueled Forklifts

 * Cutting-Edge Fuel Cell Technology
 * Lowers Costs and Greenhouse Gas Emissions
 * Maintains Productivity With Convenient In-Plant Refueling Stations

LATHAM, N.Y.– The nation’s second largest Coca-Cola bottler will install 40 hydrogen-powered forklifts at its Charlotte, North Carolina production center. Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, announced today that it will provide its class-1 sit down counterbalanced GenDrive(TM) fuel cell solution to Coca-Cola Bottling Co. Consolidated early in 2010.

“With these fuel cell materials handling units, we will be able to maintain productivity, decrease operating costs and lower greenhouse gas emissions by 30 percent,” said Coca-Cola Consolidated spokesman Lauren C. Steele. “We assessed many different technologies for our materials handling fleet and believe the Plug Power fuel cell units give us the best overall solution.”

In deciding to convert its material handling fleet from internal combustion to a cleaner technology, Coca-Cola Consolidated considered several options. One alternative, batteries, would allow the company to move to electric lift trucks, but consumed valuable facility space with battery charging equipment and infrastructure. With batteries also came operator downtime and decreased productivity as time is spent changing and charging the power source.

With Plug Power’s GenDrive fuel cell, the soft drink manufacturer is able to maintain productivity, cut operating costs and lower greenhouse gas emissions significantly. Operators are able to run equipment at full speed for an entire shift, thus maximizing efficiency. Compact hydrogen fueling stations are conveniently located throughout the facility, allowing for easy refueling. Successful product demonstrations under rigorous conditions proved GenDrive as a commercially viable power alternative for Coca Cola Consolidated’s high-throughput operations.

“Coca-Cola Consolidated’s acceptance of Plug Power’s GenDrive fuel cell solution again emphasizes the commercial readiness of this product for the material handing market,” said Tom Hoying, Vice President of Sales for Plug Power Inc. “Plug Power was able to provide this significant customer with a proven solution allowing them to lower operating costs and greenhouse gas emissions without sacrificing productivity.”

About Plug Power Inc.

Plug Power Inc. (Nasdaq:PLUG), an established leader in the development and deployment of clean, reliable energy solutions, integrates fuel cell technology into motive and continuous power products. The Company is actively engaged with private and public customers in targeted markets throughout the world. For more information about how to join Plug Power’s energy revolution as an investor, customer, supplier or strategic partner, please visit www.plugpower.com.

October 1, 2009 - 4:27 PM