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started a starter position in HYGS on this news. >> Hydrogenics Awarded New Contract by General Motors to Supply Test Stations and Testing Services
8/12/2004 11:44:00 AM

TORONTO, Aug 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- Hydrogenics Corporation (HYGS)(CA:HYG), a developer and manufacturer of hydrogen and fuel cell products, announces that its wholly owned subsidiary, Greenlight Power Technologies (Greenlight), received a multi-million dollar test station contract from General Motors (GM). The highly customized test stations will be delivered to GM's Fuel Cell Activities research facility in Honeoye Falls, New York. In addition to the test station contract, General Motors has also awarded Hydrogenics with a new multi-million dollar contract to provide testing services in support of General Motors' fuel cell stack development program.

"We are particularly pleased to secure these two contracts with General Motors," said Pierre Rivard, President and CEO of Hydrogenics. "GM is recognized as a true pace-setter in this industry and we are very proud to have been selected for these substantial contracts. For seven years, we have been a provider of testing technology and know-how to the General Motors' fuel cell program."

Greenlight, the fuel cell test equipment division of Hydrogenics, is based in Burnaby, British Columbia. The Company's fuel cell test equipment incorporates high precision instrumentation, combined with full-featured software and automation, in support of the most advanced fuel cell development programs worldwide. Through rigorous controls and precision, Greenlight delivers fuel cell testing results that prove the reliability, repeatability and versatility required for the most technically advanced fuel cell development programs.

About Hydrogenics Corporation

Hydrogenics Corporation (HYGS)(CA:HYG) is a leading clean power generation company, engaged in the commercialization of hydrogen and fuel cell technology, and test stations for fuel cells. The company is building a sustainable business, in a potentially "game changing technology" for transportation, stationary and portable power. Hydrogenics, based in Mississauga, Ontario, Canada, has operations in British Columbia, Canada, Japan, the United States and Germany. For more information, please visit http://www.hydrogenics.com

About Greenlight Power Technologies, Inc.

Greenlight Power Technologies Inc. (http://www.greenlightpower.com), a wholly-owned subsidiary of Hydrogenics Corporation, is a leading global supplier of testing and diagnostic equipment to the fuel cell industry. It has supplied fuel cell test equipment to the world's premier fuel cell stack manufacturers, component manufacturers, system integrators and research organizations. Greenlight provides a full suite of test equipment for fuel cell stack, stack component, reformer and system testing for companies focused on portable, stationary, and transportation fuel cell applications.

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 are subject to 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' registration statement on form F-10 filed with the Securities and Exchange Commission on February 3, 2004 for a more complete discussion of factors that could affect Hydrogenics' future performance. 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.

SOURCE Hydrogenics Corporation

Investor, Gary Brandt, Chief Financial Officer, Hydrogenics,
[phone], [e-mail]; Media, Melody Gaukel, Ketchum on
behalf Hydrogenics, [phone], [e-mail]


http://www.hydrogenics.com