Capstone Turbine Receives NYC Dept. of Buildings MEA Approval.BROOKLYN, N.Y. -- The 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 Sales and Service office 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(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 ) announced today that it has received its first Materials Equipment Acceptance (MEA MEA Multiple endocrine adenomatosis. See Multiple endocrine neoplasia. ) approval from the 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. Department of Buildings (NYCDoB) MEA Division and the New York Fire Department. "We are very pleased with this accomplishment. It is the culmination of more than 15 months of diligent effort, to make Capstone the first in the industry to standardize its OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and Applications Engineering Solutions for on-site power and 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 for New York City, Brooklyn, Queens, The Bronx and Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. ," 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. The NYCDoB has issued Capstone its first MEA number, 193-05-E. Capstone will now supply that issued MEA number with each distributed generation microturbine solution it installs in New York. The MEA approval will also be on every filed job site application for permits with the Department of Buildings and the New York Fire Department. These application filings are necessary to secure contractor work permits for citywide installations of Capstone Branded Microturbine equipment. "This first MEA approval for on-site power generation will allow property owners, architects, and engineers to secure the necessary plan approvals from the Department of Buildings and the Fire Department so building permits can be issued for installation of Capstone Branded products," said Tucker. "The MEA includes all of our industry leading UL approvals and approved OEM installation methods for our distributed generation solutions, thereby creating a "standard" for the installation that the Department of Buildings and any other agency or entity within the city or state will recognize as the manufacturer's approved OEM configuration," he added. "With this issued MEA by the NYCDoB and the Fire Department, we can now actively move forward with additional sales efforts in New York for other market occupancy opportunities and related specific requirements, including our liquid fueled microturbines and our elevator package. Clearly, this first MEA approval is another factor in making Capstone Branded MicroTurbine(R) energy solutions more economically advantageous to the end user than any other competing product in the New York marketplace. It enables more rapid site approvals from regulatory agencies, equipment deployment and start-up commissioning through our standardized OEM installations. Now, customers in the five boroughs of New York will be able to reduce their utility costs and power demand with minimum installation delay," Tucker added. 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, 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. "Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks 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 favorable action by the NYCDoB, increased business in New York, receipt of necessary plan approvals and economic advantage to end-users. 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. Editors: Spec sheets on Capstone MicroTurbine models are at: www.microturbine.com/technology/specsheets.asp |
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