("PLUG"), including but not limited to statements about PLUG's expectations regarding growth in Europe, revenue, growth with GenKey customers and its project financing platform. This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. Plug Power's GenKey solution couples together all the necessary elements to power, fuel and serve a customer. The architects of modern hydrogen and fuel cell technology, Plug Power has revolutionized the industry with its simple GenKey solution, elements of which are designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. "I welcome the opportunity to work with Plug Power's innovative team, one that has established the first commercially viable market for fuel cell systems and hydrogen infrastructure." "I am thrilled to join the Plug Power Board of Directors" said Luke Schneider, Plug Power newest Board member. "The Board is pleased to have Luke join the team, and looks forward to adding his unique perspective to our consideration of the opportunities in the transportation revolution." "Luke's excitement about the future of mobility is infectious," said George McNamee, Chairman of Plug Power's Board of Directors. Schneider's grasp of the emerging marketplace will advance our strategy of developing fuel cell systems for a broad set of industrial and commercial vehicle applications." "Working together, we are confident that Mr. "Luke Schneider has worked with some of the most innovative brands in the automotive market, and his strategic insights will be critical as we expand Plug Power's reach beyond material handling," said Andy Marsh, CEO at Plug Power. At Zipcar, and now Silvercar, he has leveraged his knowledge of the auto industry and the power of the Internet to focus on next generation mobility. Schneider has emerged as a leader in the evolving auto industry, promoting critical trends in electrification, automation and shared services.
Schneider has been influential in helping guide companies, ranging from start-ups to large enterprises, through major business milestones including IPOs, acquisitions, and product development. Schneider was the Chief Technology Officer (CTO) of Zipcar, and worked in various positions with Ford. Schneider serves as the Chief Executive Officer (CEO) of Silvercar, an Austin, TX-based start-up that has built a technology platform for a new breed of rental car business and other vehicle mobility applications. Schneider has deep C-level experience in the automotive marketplace and will be a critical resource in driving the next phase of Plug Power's growth.Ĭurrently, Mr. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, has elected Luke Schneider to Plug Power's Board of Directors (the "Board"). LATHAM, N.Y., Ma(GLOBE NEWSWIRE) - Plug Power Inc.
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