Capstone Turbine Appoints New COO.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 NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 Mark Gilbreth has been appointed as the Company's Executive Vice President & Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. effective April 18, 2006. Gilbreth most recently served as Vice President, Engineering Technologies. Mark joined Capstone in 1995 and has held positions of increasing responsibilities in Engineering, Program Management and Customer Service. Prior to joining Capstone, he was employed as a Product Development Engineer for five years with Sundstrand Power Systems in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . "I am pleased to announce the appointment of Mark to this important new position. Mark has played a key role in the commercialization of our microturbine systems during his ten year career at Capstone. Mark's solid track record, his expertise and experience makes him the ideal candidate to lead Capstone's operations," 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. In addition to the appointment of Gilbreth, Capstone is pleased to announce that John C. Fink has been appointed to the position of Executive Vice President, Business Development and Marketing. Fink joined the Capstone Leadership Team in 2003 as Senior Vice President and has held positions in Sales and Service, and Operations. "I am very excited about John's new role. His knowledge of Capstone's markets, products and customers will be instrumental in developing sales opportunities for our microturbine technology solutions," said Tucker. These appointments will enable Tucker to further focus on Capstone's global business strategies and developing strategic alliances to facilitate Capstone's growth. 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 3,500 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 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 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 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. This press release contains "forward-looking statements," as that term is used in the federal securities laws, with regard to "expanding", "new opportunities", 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. |
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