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    Hydrogenics to Announce First Quarter Results


    MISSISSAUGA, ONTARIO, CANADA -- May 2, 2006 -- Hydrogenics Corporation will release financial results for the first quarter of 2006 on May 15, 2006 prior to market opening. In conjunction with the release of first quarter results, management will host a conference call and webcast at 10:30 a.m. (EDT). Participants should dial 416-695-9753 to access the conference call or visit our website www.hydrogenics.com at least 15 minutes early to register for the webcast.

    The webcast and downloadable MP3 will be available following the conference call on the company website.

    About Hydrogenics Corporation

    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 and other statements concerning Hydrogenics objectives and strategies and managements beliefs, plans, estimates and intentions about its achievements, future results, goals, levels of activity, performance, and other future events. Hydrogenics believes the expectations reflected in its forward-looking statements are reasonable, although cannot guarantee achievements, future results, levels of activity, performance, or other future events. These statements are based on the managements current expectations and actual results may differ from these forward-looking statements due to numerous factors. Readers should not place undue reliance on these forward-looking statements. Readers 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 the factors that could affect the foregoing forward-looking statements. 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, unless otherwise required by law. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

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