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| Hydrogenics to Host Conference Call to Discuss Agreement with Enbridge to Develop Utility Scale Energy Storage in North America |
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Mississauga, Ontario – April 23, 2012 – Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) ("Hydrogenics") a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that it will host a conference call at 11:00 a.m. EDT on April 24, 2012 to elaborate on the recently announced agreement with Enbridge Inc. to jointly develop utility scale energy storage in North America. The telephone number for the conference call is (877) 307-1373 or, for international callers, (678) 224-7873. A live webcast of the call will also be available on the company's website, www.hydrogenics.com.
The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling (855) 859-2056, conference ID #74939257. The encore recording will be available two hours after the conference call has concluded.
ABOUT HYDROGENICS
Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.
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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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