This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Plug Power Adds Eric Prades To Board Of Directors

Hydrogen Energy Industry Expert and CEO of Air Liquide Advanced Business Brings Extensive International Experience to Plug Power's Board of Directors

LATHAM, N.Y., June 20, 2013 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, has been advised that Eric Prades, CEO of Air Liquide Advanced Business, will join its board of directors as a director.

Prades brings more than 20 years of international strategic and operations leadership from his work at Air Liquide, especially in Hydrogen Energy markets. Since 2008, the Group has grown to become a leader within the European hydrogen industry, having deployed hundreds of hydrogen fuel-cell systems.

Prades also oversees the Horizon Hydrogen Energy (H2E) program, an ambitious 200 million Euro research and development program, working to build sustainable and competitive hydrogen-energy solutions in France, throughout 2009 to 2016. The program, lead by Air Liquide, involves 19 other French companies, and is funded by Oseo, the French agency for innovation.

Before joining Air Liquide, Prades was at Thomson Group, where he had extensive operations experience in Europe and Asia through a variety of positions, ending as the General Manager of Operations for Thailand.

Prades joins the Plug Power board as part of a strategic $6.5 million investment that will help fuel the company's strategy to grow its hydrogen fuel cell business for forklift trucks and other horizontal markets. The company's flagship GenDrive fuel cells are successfully deployed at customer sites such as Walmart, Sysco, P&G, BMW and the recently announced Ace Hardware Corp.

"Eric's deep understanding of the technology and business dynamics of the hydrogen fuel cell market makes him a perfect candidate for our board of directors," said Andy Marsh, President and CEO of Plug Power. "I am pleased to welcome Eric to our board and I look forward to working with him as we grow Plug Power."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs