Capstone Turbine Opens Shanghai Office; CFO to Join Gov. Schwarzenegger on China Trade Mission.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: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 ) 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 announced today that the company has officially opened a Capstone representative office in China. In a related announcement, Tucker confirmed that Walter J. (Chuck) McBride, Capstone's Executive Vice-President & CFO See Chief Financial Officer. , will be joining Arnold Schwarzenegger Arnold Alois Schwarzenegger (German pronunciation (IPA): [ˈaɐ̯nɔlt ˈaloɪ̯s ˈʃvaɐ̯ʦənˌʔɛɡɐ] on the California's governor's trade mission to China this month. "Working with our distributor in China, Shanghai Aerospace Energy, we expect China will become one of our leading customers in the years ahead," said McBride. "This trade mission with Governor Schwarzenegger will immediately boost the nation's awareness of the benefits of our clean, fuel-efficient energy solutions that address China's rapidly growing need for reliable and affordable everyday energy production." Capstone's new representative office is located in Shanghai. At Shanghai's Jiao jiao also chiao n. pl. jiao also chiao See Table at currency. [Chinese ji Tong University, one of China's top technical institutes, two Capstone MicroTurbines currently supplement power to the university. The near-zero-emission exhaust of the systems directly drives an absorption chiller chill·er n. 1. One that chills. 2. A frightening story, especially one involving violence, evil, or the supernatural; a thriller. chiller Noun 1. that creates cold air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. from heat energy instead of electric energy. Schwarzenegger's week-long, mid-November trade mission to promote the use of California-made products in the world's most populous nation will make stops in Shanghai, Beijing and Hong Kong. Representatives from a number of California-based companies will join the governor, including those in the tourism, agricultural, technology, financial and other industries. "Capstone is the only energy equipment manufacturer involved in this trade mission," McBride said. 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 3,200 Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 10 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. This press release contains "forward-looking statements" as that term is used in the federal securities laws, with regard to, among other items, expectations of increased sales in China. 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. "Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners. Note to Editors: Publication-quality photos of the Jiao Tong University microturbines mentioned above are at: http://www.microturbine.com/whatsnew/morePhotos.asp?newsid=381 Capstone's representative office in China is located at: 15/F One Corporate Avenue 222 Hubin Road, 1552 Luwan District, Shanghai Peoples Republic of China + (86-21) 6122-1072 Andy Freyer, VP of Sales, Asia afreyer@capstoneturbine.com |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion