Capstone Turbine Names Blackmer President Bosco to Board of Directors.Energy Editors/Business Editors CHATSWORTH Chatsworth, estate, Derbyshire, central England, near Chesterfield. It is the seat of the dukes of Devonshire. Begun in 1552, the present Classical-style Chatsworth House was rebuilt in 1686. , Calif.--(BUSINESS WIRE)--Aug. 4, 2003 Carmine carmine /car·mine/ (kahr´min) a red coloring matter used as a histologic stain. indigo carmine indigotindisulfonate sodium. car·mine n. F. Bosco, President of the Blackmer division of Dover Corporation Dover Corporation (NYSE: DOV) is a Fortune 500 and S&P 500 manufacturer of specialized industrial products and equipment within six segments. It was historically best known for its former business of the manufacture of elevators from the late 19th Century through the 1990s. , has been named to the board of directors of 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 (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 microturbine power systems manufacturer. "We are pleased to have Mr. Bosco as a new member of our board. Carmine brings more than thirty years of sales, marketing and management experience to Capstone," said Eliot Protsch, Capstone's Chairman of the Board. Mr. Bosco's career includes 20 years at Ingersoll-Rand, where, in addition to roles in sales and marketing, he served in management positions, ending as the Vice President and General Manager of the Aro Fluid Products Division. Following that, he was the Group Vice President and General Manager of the Measurement and Controls Group at Gidding & Lewis, Inc. and the Group Vice President of the Petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. Products Group of Circor International, Inc. "I am delighted to have been asked to serve on the board of Capstone," said Mr. Bosco. "In my role as President of Blackmer, I work with commercial and industrial customers in many markets that I believe can benefit from Capstone's products. Wastewater, oilfield, and industrial production and processing markets, I believe, would value the energy conservation and cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. attributes of using Capstone microturbines. I look forward to working with Capstone and addressing the market opportunities for its products." 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 power products utilizing microturbine technology, the result of more than ten years of focused research. Capstone Turbine has sold and shipped more than 2,500 commercial production Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 4 million hours of documented operation. This press release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ," as that term is used in the federal securities laws, about Capstone's business, such as implications that a new board member may effect adoption of Capstone products. These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. These risk factors are identified, among other places, under "Business Risks" in Capstone's most recent 10-K and 10-Q Securities and Exchange Commission filings. Capstone cautions you not to place undue reliance on these statements, which speak only as of the date of this release. Capstone undertakes no obligation to release any revisions to such statements to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date of this release or to reflect the occurrence of unanticipated events. "Capstone Turbine Corp" is a registered trademark of Capstone Turbine Corporation. All other trademarks mentioned in this press release are the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion