Plug Power announces S. Korea distribution for GenCore fuel

Plug Power announces S. Korea distribution for GenCore fuel cells Friday March 10, 1:38 pm ET
Plug Power Inc., a Latham developer of fuel-cell systems, announced agreements with LoganEnergy Corp. and Pacific Telepoint Inc. to distribute its GenCore product line to customers in the United States and South Korea, respectively. ADVERTISEMENT
These new distributors will be targeting customers in the telecom, utility and public sectors, where the need for reliable, extended-run backup power is critical, Plug Power (Nasdaq: PLUG - News) said.
LoganEnergy, which is located in Roswell, Ga., plans to target its existing customer base of government agencies such as the U.S. Department of Defense, U.S. Department of State and the Federal Aviation Administration.
Pacific Telepoint intends to distribute Plug Power's GenCore systems to various South Korean telecommunications, industrial and utility companies. Pacific Telepoint is a newly formed company created through a partnership between Solectek, of San Diego, Calif., CHP-Tech.
"In keeping with our 2006 milestone of expanding our network of channel and strategic partners, I am pleased to announce the addition of LoganEnergy and Pacific Telepoint to the family of GenCore distributors," said Mark Sperry, Plug's chief marketing officer. The GenCore is a 5 kilowatt, hydrogen-fueled backup power system.
Published March 9, 2006 by The Business Review

"lkgeo1" wrote:

Plug Power announces S. Korea distribution for GenCore fuel cells Friday March 10, 1:38 pm ET

Yeah, you can keep parroting their press releases, but it still sounds to me like they are getting increasingly desparate for any kind of plausibility. Sorry, but reformers and fuel cell membranes currently have some fundamental problems with cost and lifetime, and no press release is going to solve them.
[No, giving the "Solar Breakthrough Of The Week (SM)" a run for it's money isn't helping your (or their) credibility.]