MISSISSAUGA, ONTARIO--(CCNMatthews - May 1, 2006) -
Valued Customer Service Ongoing to Mobility Innovator
Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS) today announced it has received a follow-on order from General Motors Corporation to provide fuel cell test services which is anticipated to be fully realized in 2006.
"We are pleased to provide test services for General Motors, a leader in the automotive sector." said Pierre Rivard, President and CEO of Hydrogenics. "We believe that our proprietary testing products assist leading Original Equipment Manufacturers such as General Motors to advance their fuel cell program."
Hydrogenics Corporation (www.hydrogenics.com) is a leading global developer of clean energy solutions, advancing the Hydrogen Economy by commercializing hydrogen and fuel cell products. The company has a portfolio of products and capabilities serving the hydrogen and energy markets of today and tomorrow. Hydrogenics, based in Mississauga, Ontario, Canada, has operations in North America, Europe and Asia.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Contact: Lawrence Davis
Chief Financial Officer
Media Contact: Jane Dalziel
Director, Communications and Government Relations