DC Velocity - January 2010

Plug Power Inc. offers hydrogen-fueled systems as a power source for electric forklift trucks. Our product suite, known as GenDrive™, has been developed with many of the leading OEMs.

The GenDrive fuel cell power unit offers a greener carbon footprint for large retailers and food and beverage distributors. This is attractive to many customers, but the added advantage is that we reduce operating costs as well. This really excites our customers.

GenDrive units, which have run over a million hours in customer operations, perform at a constant speed and eliminate unnecessary battery swap-outs. Some customers see productivity gains of over 15%, resulting in a rate of return greater than 50%. These same customers are able to eliminate their dirty battery rooms, opening up valuable floor space to use in operation.

As you can see, GenDrive is a way to save costs and meet your company’s corporate social responsibility goals. GenDrive fuel cell power units produce zero harmful emissions and eliminate the costs associated with handling and storing toxic materials. With GenDrive, you can significantly reduce greenhouse gas emissions in your operations.

It’s an exciting time for the material handling industry. Decisions regarding power needs and requirements are drastically impacting the bottom line. And Plug Power’s GenDrive fuel cell solution is providing today’s power for today’s equipment.