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4.3.2003: Meldung: Capstone Turbine Corporation: Microturbine Meets California Emissions Requirements

Capstone C60 First Microturbine Certified to Meet 2003 California Emissions Requirements

 

Monday March 3, 9:06 am ET

 

CHATSWORTH, Calif.--March 3, 2003--Capstone Turbine (Nasdaq:CPST - News), a leading producer of low-emission microturbine energy systems, announced that its C60 product is the only mechanical power generation product now state-certified to meet California"s stringent new distributed generation emissions standards that went into effect January 1, 2003.

 

The new requirement covers smaller scale generators, which have been exempt from the permitting requirements of the Air Quality Management Districts of the California Air Resources Board (www.arb.ca.gov).

 

The only other power generator certified to meet the 2003 distributed generation requirement for sale in California is a fuel cell manufactured by the UTC Fuel Cells business unit of United Technologies Corporation (www.utc.com). Capstone and UTC, four months ago, entered into a strategic alliance agreement that includes distribution in North America and Europe of Capstone MicroTurbine(TM) systems.

 

"No changes were needed to our C60 system to meet the requirements, which we see as a validation of Capstone"s leadership in clean distributed generation products," said Capstone Interim CEO Emily Liggett. "We fully support California"s effort to mandate very-low-emission requirements for distributed generation. It is our hope that other states adopt similar regulation."

 

Capstone MicroTurbines -- which use no lubricants, coolants or other hazardous materials -- achieve low emissions without any post-combustion devices or chemicals. In contrast, most distributed generation equipment, whether fueled by diesel or by natural gas, commonly require relatively costly exhaust processing devices and/or chemicals to reduce pollutant and other toxic emissions.

 

About Capstone Turbine

 

Capstone Turbine Corporation (www.microturbine.com, Nasdaq:CPST) is the world"s leading producer of very- low-emission microturbine systems used for onsite power production. In 1998, Capstone was the first to offer commercial power products utilizing microturbine technology, the result of more than ten years of focused research. Capstone Turbine has sold and shipped more than 2,500 commercial production Capstone MicroTurbine systems to customers worldwide. These award-winning systems have documented more than three million hours of operation.

 

"Capstone Turbine Corp" is a registered trademark of Capstone Turbine Corporation. All other trademarks mentioned in this press release are the property of their respective owners

 

Further information on California"s DG Certification Regulation:

www.arb.ca.gov/energy/dg/dg.htm

 

 

Further information on Capstone"s strategic alliance with UTC:

 

www.microturbine.com/whatsnew/pressrelease.asp?article=191

 

Contact:

 

Capstone Turbine Corporation, Chatsworth

Keith Field, 818/734-5465 (Media)

Wade Welch, 818/734-5555 (Investors)

 

Source: Capstone Turbine Corporation

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