Capstone Broadens NY Sales Team.CHATSWORTH, Calif. -- 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(R) (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 ), the world's leading manufacturer of microturbine energy systems, today announced additional personnel placements and a reorganization of its Northeast Sales team by naming Bruce Beckwith as its Regional Vice-President of Sales. Beckwith will be responsible for Capstone's sales and service activities for the Northeast region of the U.S. Beckwith joins the Capstone team from WESCO WESCO West Coast Shoe Company (manufacturer of motorcycle boots) WESCO Westinghouse Electric Supply Company (Liberty Electric), where he was their Maspeth, Queens Maspeth is a small community in the borough of Queens in New York City. Neighborhoods sharing borders with Maspeth are Woodside and Sunnyside to the north, Long Island City to the northwest, Williamsburg to the southwest, Ridgewood to the south and Middle Village and Elmhurst to Branch Manager of Major Projects. Prior to joining WESCO, Beckwith worked for over 30 years in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of electrical contracting industry. "Bruce's specific experience and knowledge, developed in the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Northeast US region, will further strengthen the Capstone team," said Capstone 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. John R. Tucker. "Bruce also enhances our growing sales relationship with WESCO in the New York market." In addition to the appointment of Beckwith, Capstone also announced that Peter Giasemis has been appointed to the position of Director of Business Development, and that Allen McNair has been appointed to the position of Director of Government Sales. Giasemis has been with Capstone for one year and McNair has been with the company more than two years. Capstone further announced the appointment of Michael Colavita as Vice-President of Program Management & Contracts for the Northeast region. Colavita will be responsible for working with installers and contractors to assist and support the timely execution of the installation of Capstone-based energy solutions in the Northeast region. "Michael's 30 plus years of contract and program management expertise in nuclear and cogeneration power plants, as well as in the transportation industry, is an important addition to the Capstone team. I am pleased to welcome both Michael and Bruce to Capstone New York. I know with their addition to Capstone we will be in a position to support the opportunity that New York represents for 2006 and beyond," said Tucker. About Capstone Turbine Capstone Turbine Corporation (www.microturbine.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 more than 3,200 Capstone MicroTurbine(R) systems to customers worldwide. These award-winning systems have logged more than 10 million 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 pollutants see environmental pollution. and greenhouse gases. A UL-Certified ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified company, Capstone Turbine is headquartered in the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. area with sales and/or service centers in New York, Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi , Milan, Shanghai and Tokyo. "Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners. This press release contains "forward-looking statements," as that term is used in the federal securities laws, about Capstone's business, with regard to, among other items, expectations of increased sales. Forward-looking statements may be identified by words such as "expect," "believe" and similar phrases. These statements are subject to numerous assumptions, risks and uncertainties described in Capstone's SEC filings that may cause Capstone's actual results to be materially different. These statements speak only as of the date of this release. Capstone disclaims any obligation to revise these statements hereafter. Editors: Spec sheets on Capstone MicroTurbine models are at: www.microturbine.com/technology/specsheets.asp Example case studies are at: www.microturbine.com/onsite |
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