Capstone Ships Its First Order on the General Services Administration (GSA) Award Schedule.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. (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, announced today that it has shipped its first General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) order. The order is for C60 MicroTurbine units for use at an undisclosed 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. Government location. Additionally, Capstone is shipping the first prototype liquid fuel C65 unit to the U.S Army Corps of Engineers Construction Engineering Lab (CERL CERL Construction Engineering & Research Laboratory CERL Construction Engineering Research Laboratory (US Army) CERL Computer-based Education Research Laboratory CERL Canadian Explosives Research Laboratory (CANMET) ) for their testing and evaluation. "Being qualified as a GSA Schedule supplier was the culmination of many months of diligent effort by our team. We are very proud of this achievement and are extremely enthusiastic about the additional sales opportunities within the various branches of the military, the federal government, and the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States ," 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. "As we had announced previously, our qualification and related GSA Schedule Award accomplishment allows us to sell our Capstone Branded products to the federal government which is one of the largest potential distributed generation buyers worldwide. With energy security and reliability, as well as LEED Buildings requirements in the Federal GSA Schedules for suppliers, our government and many industries across the United States as well as abroad are considering Capstone as their alternative energy solution provider. With thousands of clean, quiet, reliable Capstone MicroTurbine energy solutions reducing utility costs daily at various facilities around the world, we believe that Capstone Branded products are well-positioned to continue to provide energy security and cost savings to numerous government institutions," added Tucker. About Capstone Turbine Capstone Turbine Corporation(R) (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 3,500 Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 11 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 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 area with sales and/or service centers in 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 , Mexico City, 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, expected sales of microturbines to the federal government. 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: Information on Capstone's new product release noted above is at http://www.capstoneturbine.com/whatsnew/pressrelease.asp?article=386 Information on Capstone's qualification as a GSA supplier is at: http://www.capstoneturbine.com/whatsnew/pressrelease.asp?article=389 Information on the UL certification noted above is at: www.microturbine.com/whatsnew/pressrelease.asp?article=400 |
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