Capstone Turbine Corporation Announces Underwriters Laboratory Approval for Capstone MicroTurbine; Meeting Rigorous Safety Standards Facilitates Acceptance of MicroTurbine.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Sept. 14, 1999-- 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, developer and manufacturer of the first commercial microturbine system for the distributed energy market, today announced that the Capstone MicroTurbine(tm) Model 330 has been listed by Underwriters Laboratory (UL). The UL mark -- which is actively sought by most manufacturers of electrical products and familiar to millions of consumers -- indicates compliance with rigorous industry safety standards Safety standards are standards designed to ensure the safety of products, activities or processes, etc. They may be advisory or compulsory and are normally laid down by an advisory or regulatory body that may be either voluntary or statutory. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It certifies that the product has been evaluated and found to comply with all applicable UL requirements. "This is an important milestone for Capstone," said Ake Almgren, president and chief executive officer of Capstone Turbine Corporation. "We believe that meeting the widely recognized UL criteria not only helps solidify our position as a leading developer of microturbine power generating systems, but also clearly demonstrates our commitment to our customers' safety and installation requirements. Our goal is for our customers to deploy and operate MicroTurbines with the same ease and confidence they would have using any other product bearing the UL mark." UL Approval The UL mark indicates a product's compliance with rigorous safety standards, including being reasonably free from foreseeable risk foreseeable risk n. a danger which a reasonable person should anticipate as the result from his/her actions. Foreseeable risk is a common affirmative defense put up as a response by defendants in lawsuits for negligence. of fire, electric shock and related hazards. UL's independent, technically expert status allows it to be unbiased in determining whether or not a product meets recognized safety standards and whether reasonable foreseeable risks associated with the product's use have been eliminated or minimized. About Capstone Turbine Corporation Located in Woodland Hills, Calif., Capstone Turbine Corporation is a leading developer of low-emission, compact power generating systems. The Capstone MicroTurbine(tm) is an adaptable clean power alternative for stationary power and vehicular markets. Capstone's compact power generator provides environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] options for remote power, distributed power, combined heat and power, resource recovery, load management, stand-alone power, standby power Standby power, also called Vampire power, refers to the electric power consumed by electronic appliances in a standby mode. A very common "electricity vampire" is a power adaptor built on a plug with no power switch. and hybrid electric vehicles A hybrid electric vehicle (HEV) is a vehicle which combines a conventional propulsion system with an on-board rechargeable energy storage system (RESS) to achieve better fuel economy than a conventional vehicle without being hampered by range from a charging unit like an . Company information may be found at www.capstoneturbine.com. |
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