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Plug Power Regains Compliance With NASDAQ Listing Rules

LATHAM, N.Y., June 6, 2011 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUGD), a leader in providing clean, reliable energy solutions, announced today that it has received a letter from The NASDAQ Stock Market advising that the Company has regained compliance with NASDAQ's minimum bid price listing requirement.

LATHAM, N.Y., June 6, 2011 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUGD), a leader in providing clean, reliable energy solutions, announced today that it has received a letter from The NASDAQ Stock Market advising that the Company has regained compliance with NASDAQ's minimum bid price listing requirement.

The Company has satisfied the terms of the NASDAQ Listing Qualifications Panel's February 1, 2011 decision by complying with the minimum bid price requirement of $1.00 per share under NASDAQ Listing Rule 5550(a)(2), and all other criteria for continued listing on The NASDAQ Capital Market. Accordingly, NASDAQ has advised that the matter is now closed.

The Plug Power Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4446

 

CONTACT: Media Contact: Reid Hislop Plug Power Inc. Phone: (518) 782-7700 ext. 1360 Investor Relations Contact: Cathy Yudzevich Plug Power Inc. Phone: (518) 782-7700 ext. 1448