HydroGen Corporation Shares to Begin Trading on NASDAQ Capital Market Tomorrow

CLEVELAND--(BUSINESS WIRE)--HydroGen Corporation (OTCBB: HYDG), a company that designs and manufactures multi-megawatt air-cooled phosphoric acid fuel cell (PAFC) systems, today announced that it has been approved to list its common shares on The Nasdaq Capital Market.

“Nasdaq has a heritage of being the marketplace for some of the world’s greatest companies and we are proud to be part of that tradition. This move is another important milestone for HydroGen Corporation and reinforces our commitment to creating shareholder value”

The company's stock will begin trading under the symbol “HYDG” on The Nasdaq Capital Market on Tuesday, March 6. Most recently, the company’s common stock traded on the OTC Bulletin Board under the symbol "HYDG."

"We are delighted to join Nasdaq, the largest and fastest growing major stock market in the world. We believe that The Nasdaq Capital Market will not only provide more recognition and visibility for our company in the investment community, but increase liquidity and provide superior execution, thus enhancing value for our shareholders," Dr. Leo Blomen, Chairman and Chief Executive Officer of HydroGen Corporation said.

“Nasdaq has a heritage of being the marketplace for some of the world’s greatest companies and we are proud to be part of that tradition. This move is another important milestone for HydroGen Corporation and reinforces our commitment to creating shareholder value,” noted Joshua Tosteson, President of HydroGen Corporation.

About HydroGen Corporation

HydroGen Corporation is a manufacturer of multi-megawatt fuel cell systems utilizing its proprietary 400-kilowatt phosphoric acid fuel cell (PAFC) technology. Utilizing fuel cell technology originally developed by Westinghouse Corporation, HydroGen Corporation offers a multi-megawatt, zero-emission power generation product that supports the growth of industrial distributed energy. The company targets market applications where hydrogen is currently available and other drivers favoring the adoption of fuel cells are present.

Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this news release include statements regarding HydroGen's anticipated economically competitive fuel cell systems. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as fluctuations in demand for HydroGen's products, HydroGen's ability to maintain strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of HydroGen's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in HydroGen's filings with the United States Securities and Exchange Commission. HydroGen undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.