Capstone Turbine Corp: New Orders Received
Capstone Turbine Receives Order for 30 More C65s From Pumps & Service to be Installed With Multiple Oil & Gas Customers
Chatsworth, California - Capstone Turbine Corporation (www.capstoneturbine.com), the world's leading clean technology manufacturer of microturbine energy systems, received an order for 30 C65 microturbines from Pumps & Service, one of Capstone's long-standing distributors.
This latest order follows several other significant orders form Pumps & Service. Pumps & Service sold the units to multiple oil and gas customers and will provide installation, commissioning and long-term service support. Pumps & Service continues to see strong demand from oil and gas companies throughout the Rockies and Texas. "Customer adoption of Capstone microturbines in the oil and gas sector continues to expand," said Sam Henry, President and CEO of Pumps & Service. "We have also seen increasing quote activities in CHP and renewable projects throughout our territory."
The latest order for 30 low-emission C65 microturbines will provide prime power to various customers and brings the total purchased by Pumps & Service in the last 12 months to more than 150 units.
"The fact that Pumps & Service has now received additional orders from multiple customers shows the tremendous job Pumps & Service is doing in the oil and gas space with the Capstone technology," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST) is the world's leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 6,000 Capstone MicroTurbine(R) systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, Mexico City, Nottingham, Shanghai and Singapore.
The Capstone Turbine Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6212
This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the quality of our products, the ability of Pumps & Service to sell, install and maintain our products and increased opportunities in the oil and gas, CHP and renewable energy markets. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
"Capstone" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
Capstone Turbine Corporation
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