Hydrogenics Corporation

Hydrogenics Corporation

April 30, 2009 07:13 ET

Hydrogenics Announces Fueling Station Installations in Germany and France

MISSISSAUGA, ONTARIO--(Marketwire - April 30, 2009) - Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced the installation of two HySTAT™ electrolyzers in Europe for fueling station applications. In conjunction with Heliocentris Fuel Cells AG, a German fuel cell systems integrator, Hydrogenics has installed a hydrogen-generating electrolyzer at a bus fueling station in Barth, Germany and, separately, the Company has also installed, with Schwelm of Germany, an electrolyzer in Dunkirk, France for a similar hydrogen fueling application.

In Barth, the Hydrogenics electrolyzer will be incorporated within a solar-assisted gas generation system, providing a zero-emission fueling solution for a bus also powered by Hydrogenics' fuel cells - integrated by Heliocentris within a full electric hybrid powertrain. While producing clean, renewable fuel, the gas generation system will simultaneously provide oxygen to increase the efficiency of a municipal water treatment facility, saving capital costs for an otherwise necessary extension of treatment capacity.

The Dunkirk fueling station is already operational, with buses running on a blend of hydrogen and natural gas. Dunkirk is the first city in France to have a public hydrogen station.

"Europe continues to be a leader in using hydrogen as a renewable energy resource, and we believe these stations are just the start of numerous applications that will be implemented throughout the region," said Daryl Wilson, President and Chief Executive Officer. "As Hydrogenics builds its presence in this important transportation sector, we are becoming recognized as a reliable technology provider of the key building blocks for advanced, clean energy fueling stations that will take on added significance in the years to come."

About Hydrogenics

Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Law of 1995. These statements are based on management's current expectations and actual results may differ from these forward-looking statements due to numerous factors, including changes in the competitive environment adversely affecting the products, markets, revenues or margins of Hydrogenics' business. Readers should not place undue reliance on Hydrogenics' forward-looking statements. Investors are encouraged to review the section captioned "Risk Factors" in Hydrogenics' regulatory filings with the Canadian securities regulatory authorities and the United States Securities and Exchange Commission for a more complete discussion of factors that could affect Hydrogenics' future performance. Furthermore, the forward-looking statements contained herein are made as of the date of this release, and Hydrogenics undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. The forward-looking statements contained in this release are expressly qualified by this.

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