Alliant Energy Executive Joins Capstone Turbine Board.Business Editors CHATSWORTH, Calif.--(BUSINESS WIRE)--April 18, 2002 Eliot G. Protsch, President of Alliant Energy-Interstate Power and Light and Executive Vice-President, Energy Delivery at Alliant Energy Alliant Energy Corporation (NYSE: LNT) is a public utility holding company that incorporated in Madison, Wisconsin in 1981. It is comprised of several subsidiaries: [1] Corporation (www.alliantenergy.com) (NYSE NYSE See: New York Stock Exchange :LNT LNT Linens N' Things (retail chain) LNT Leave No Trace LNT Alliant Energy Corp. (stock symbol) LNT Levantamento de Necessidades de Treinamento LNT Lean NOx Trap ), has been named to the board of directors of Capstone Turbine Capstone Turbine Corporation NASDAQ: CPST, incorporated in 1988, is a California based gas turbine manufacturer that specializes in microturbine power and heat cogeneration systems. Capstone has sold and shipped more than 3,000 of these one-moving-part systems worldwide. Corporation (www.microturbine.com) (Nasdaq:CPST CPST Cable Programming Services Tier CPST Commission on Professionals in Science and Technology CPST Community Psychiatric Supportive Treatment (Ohio) CPST Child Passenger Safety Technician CPST Classical Perturbation Scattering Theory ). Protsch's more than 20-year career in the energy industry spans executive positions at Alliant Energy and at Wisconsin Power and Light, with which Alliant Energy merged. Alliant Energy, a Capstone Turbine pre-IPO investor, is also an energy service provider customer of Capstone MicroTurbine systems. "Capstone is the one corporate entity in the distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or sector that offers products proven clean, reliable and economically beneficial to a diverse range of business and public facilities," Protsch said. "I have been a proponent of Capstone MicroTurbines for several years, and look forward to this opportunity to aid in guiding the company to higher levels of success." Currently, Protsch serves on the boards of directors of the Iowa Utilities Association, Nuclear Management Company (www.nmcco.com) and Cargill/Alliant LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (www.alliantenergyresources.com/cargill.htm). Since 1995, Protsch has been a member of the Research Advisory Committee of the Electric Power Research Institute (www.epri.com), and served as its chairman from 2000 to 2001. He also previously served on the boards of American Transmission Company and Heartland Environmental. "We are pleased and fortunate that Mr. Protsch has joined our board. He brings a wealth of experience from both the regulated and the unregulated electric utility industry," said Dr. Ake Almgren, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Capstone Turbine. "Mr. Protsch has personally led efforts to modernize regulation of the electrical distribution infrastructure, as well as initiatives for renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. . This expertise is particularly relevant to the markets we serve and the business environments in which we operate." About Alliant Energy Headquartered in Madison, Wisconsin Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison. The 2006 population estimate of Madison was 223,389, making it the second largest city in Wisconsin, after Milwaukee, and , Alliant Energy (www.alliantenergy.com) (NYSE:LNT) markets competitively priced energy and other products and services to more than 1.2 million industrial, commercial and residential customers in the Midwest as well as nearly a million others through operations and investments throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Australia, Brazil, China, Mexico and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Areas of expertise include energy planning and procurement, energy trading, rail and barge transportation, affordable housing, environmental consulting, mass marketing and international operations. About Capstone Turbine Southern California based Capstone Turbine Corporation (www.microturbine.com) (Nasdaq:CPST) is the world's leading producer of very-low-emission microturbine systems. 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 2,000 commercial production Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 1.5 million hours (170 years) of operation serving, among others, the following applications: -- Hybrid electric vehicles (HEVs): onboard generation -- Resource recovery: converting oilfield, landfill and sewage waste gases into electricity -- Micro-cogeneration: combined heat/power/chilling/drying solutions -- The 9s market: power security, quality and reliability This press release may contain "forward-looking statements," as that term is used in the federal securities laws, about Capstone's business, such as the expectation of higher levels of success in the marketplace. These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. These risk factors are identified, among other places, under "Business Risks" in Capstone's most recent 10-K SEC filing. Capstone cautions you not to place undue reliance on these statements, which speak only as of the date of this release. Capstone undertakes no obligation to release any revisions to such statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. "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. |
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