Capstone Turbine Debuts Factory Sales, Service in NY.CHATSWORTH, Calif. -- 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. based 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 ) (www.microturbine.com), the world's leading manufacturer of microturbine energy systems, announced today the opening of a new direct sales and factory service center 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 to more directly serve existing and developing customers in New York and the northeastern states. "We're delighted to be able to expand our presence in this key and extremely important market. We've been working directly with project developers, end users and others to grow our sales in this prime region," said 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 Tucker For other persons named John Tucker, see John Tucker (disambiguation). John G. Tucker (born September 29, 1964) is a former Canadian professional ice hockey centre who played twelve seasons in the National Hockey League in the 1980s and 90s. . The company's clean energy solutions are primarily sold and serviced by a network of distributors. The company will continue to support that network, but in response to market demands will pursue direct sales and factory service in the greater New York region. "The New York Public Service Commission just announced action to open 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 interconnection to network grids, like those in 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. . That removes what has been a barrier to clean, efficient onsite generation and energy conservation," said Capstone Vice-President of Sales for North America Allen McNair, who heads up activities of the company's new Brooklyn facilities. "This and other recent developments specific to our products will, I believe, help us expand Capstone MicroTurbine solutions in the greater New York City area and beyond." In addition to sales and factory service offerings, the Capstone New York center in Brooklyn will also have its own vehicle service fleet and a warehouse of parts to facilitate rapid service response. This East Coast equipment depot will also enhance Capstone's parts delivery to its customers in Europe. About Capstone Turbine Capstone Turbine Corporation (www.microturbine.com; Nasdaq: CPST) is the world's leading producer of low-emission microturbine systems. In 1998, Capstone was the first to offer commercial energy products utilizing microturbine technology, the result of more than ten years of focused research. Capstone Turbine has shipped more than 3,000 Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 7 million hours of documented operation. "Capstone Turbine Corp" is a registered trademark 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 regional sales growth, enhancement of parts delivery, etc. 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 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: Announcement of the DG network interconnection action is at: www3.dps.state.ny.us/pscweb/WebFileRoom.nsf/Web/ B99E7811FEFC FEFC Further Education Funding Council (UK) FEFC Far Eastern Freight Conference FEFC First Evangelical Free Church (Wichita, KS) 2B6585256F480063586D/$File/pr04081.pdf Spec sheets on Capstone's microturbine products are at: www.microturbine.com/technology/specsheets.asp |
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