Capstone Turbine Wins ``Most Innovative'' Award at Financial Times Energy Global Energy Awards.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 1, 2000 Leading International Energy Information Organization Deems Capstone MicroTurbine the Premier Commercial Energy Development At the second annual Financial Times Energy Global Awards ceremony held here last night, Capstone Turbine Corp. (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 ) won the prestigious "Most Innovative Commercial Technology Development Award" for its line of microturbine power systems. Other nominees in the category were ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Alstrom (ABB.NS), Catalytica Combustion Systems (Nasdaq:CTAL CTAL Confederacion de Trabajadores de America Latina (Confederation of Latin American Workers) CTAL Canadian Tire Acceptance Limited CTAL Computer Technology Application Lab, Inc. CTAL Confidentially Typed Assembly Language ), Fortum Energy and Silicon Energy Corp. Several other award winners in the event's other 12 categories included: DuPont (NYSE NYSE See: New York Stock Exchange :DD) for "Best Environmental Practice," Enron (NYSE:ENE) for "Energy Company of the Year," Calpine (NYSE:CPN CPN Communist Party of Nepal CPN Commercial Property News CPN Civic Practices Network CPN Calling Party Number CPN Community Psychiatric Nurse (UK) CPN Cisco Powered Network CPN Connaitre et Proteger la Nature ) and Scottish Power (NYSE:SPI (1) (Stateful Packet Inspection) See stateful inspection. (2) (Service Provider Interface) The programming interface for developing Windows drivers under WOSA. ) in a tie for "Best Electricity Company," David L. Sokol of MidAmerican Energy for "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. of the Year," and Innogy Holdings (NYSE:IOG) for "Most Promising Pre-Commercial Technology Development." Accepting the award at the gala, sponsored by Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , Capstone president and CEO, Dr. Ake Almgren, said, "Only in America Only in America is a children's television programme that originally aired in 2005 on the CBBC Channel. It is presented by Fearne Cotton and Reggie Yates. The show documents the pair going on a road trip across the United States. could the idea of a microturbine surface. Only in America could venture capital invest $260 million and stay with the vision for more than eight years. Only in America would you find a group of individuals with the same combination of talent, energy and perseverance working together. And only in America could a person who speaks with an accent be chosen to lead that company." Almgren later went on to note that this award comes at a particularly auspicious time for Capstone Turbine Corp. "Almost exactly two years ago, Capstone produced its very first commercial production Model 330 Capstone MicroTurbine. And just a few days ago we shipped our 1000th commercial production system. To top off this historic week by having our systems recognized as the energy industry's most innovative commercial technology is truly splendid." Capstone MicroTurbine(TM) systems generate electricity and heat from natural gas, methane, propane, diesel and kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off as well as from unprocessed oilfield flare gas, landfill gas, 7-percent sour gas and other waste gases. UL-Listed Capstone MicroTurbines are characterized by extremely low NOx emissions, have a single moving assembly, and use no oil, coolants or other liquids. About Financial Times Energy Financial Times Energy (www.ftenergy.com) is the world's most comprehensive provider of global energy industry information, including news, data and unbiased analysis. The publications, database information systems, conferences, consulting groups, and unparalleled research staff and resources of Financial Times Energy are designed to help senior managers in all energy-related fields make informed decisions and keep pace with industry trends. The organization provides expert analysis of retail markets, power generation and distribution, oil and gas, coal and mining, and environmental issues. The FT Energy family of products includes such respected brands as Megawatt Daily, Gas Daily, and Power in Europe, as well as industry conferences including PowerMart and Coal Marketing Days. FT Energy management reports, covering topics from risk management to electric transmission to natural gas in Asia, offer executives the insight they need to make intelligent business decisions. FT Energy focuses on the retail side of the energy business through E Source offerings, and on the supply-side with such in-depth databases and analytical tools as POWERdat, GASdat, and POWERmap, as well as RDI RDI - Receiver Data Interface multi-client studies. Financial Times Energy has offices in Colorado, Virginia, Texas, Tennessee and London, England. The company is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the London-based international media group Pearson plc. About Capstone Turbine Corporation Capstone Turbine Corp. (www.microturbine.com; Nasdaq:CPST) is a 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. Worldwide, hundreds of commercial production Capstone MicroTurbine systems serve, among others, the following applications: -- Hybrid electric vehicles (HEVs): onboard generation -- Resource recovery: converting oilfield and biomass waste gases into electricity -- Micro-cogeneration: combined heat/power/chilling solutions -- The 9s Market: Power quality and reliability General microturbine images are at: http://www.microturbine.com/whatsnew Press release and photos of 1000th microturbine noted above is at: http://www.microturbine.com/whatsnew/pressrelease.asp?article=55 |
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