Clean Air Partners Enters New Phase of Business Development and Appoints New CEO; New CEO Brings Distributed Power Generation Experience.Business Editors and High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--Feb. 26, 2002 Clean Air Partners (CAP), a leader in the development and commercialization of high-tech solutions for reducing engine emissions, today announced that Daniel W. Kabel has accepted the position of chief executive officer. Kabel will be responsible for taking the dual-fuel engine technology innovator to its next level of development and into new markets, including distributed electrical power generation. "We're excited to have Dan on board," announced Dr. John Beck, CAP's founder and current chief technology officer. Prior to joining CAP as its 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. in January of 2002, Kabel was the founder and general manager of GE Distributed Power, a General Electric new business venture that offers solutions to meet the growing need for on-site electrical power generation. Kabel succeeded in taking GE Distributed Power from a concept to a business with annual revenues of $75 million by the end of its second full year of commercial operation. Previous to that accomplishment, Kabel worked in GE Power Systems' Business Development unit, where he developed strategies for acquisitions, joint-ventures, and distributorships. Before he joined General Electric, Kabel spent two years successfully reorganizing MKW MKW Mario Kart Wii (game) MKW Manokwari, Indonesia - Rendani (Airport Code) MKW MittelKlasseWagen (German: middle class car) Power Systems. He substantially increased MKW's sales and improved the company's profitability while expanding its service operations. Kabel has previously been involved in a number of successful business start-up activities. After CAP had approached Kabel about becoming its CEO, he reflected, "Clean Air Partners and its technology have a lot of runway, which make it an exciting pre-IPO opportunity." Kabel has degrees in engineering and business administration. He earned his bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree from the U.S. Merchant Marine Academy in Kings Point, N.Y. He went on to earn an MSE MSE Mouse (computer) MSE Materials Science & Engineering MSE Mean Squared Error MSE Mean Square Error MSE Master of Science in Engineering MSE Manufacturing Systems Engineering MSE Mechanically Stabilized Earth from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Wharton school of business at the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. . CAP has developed proprietary and patented technologies for lowering diesel engine exhaust emissions by conversion to alternative and dual-fuel sources. CAP's first choice of secondary fuels is natural gas, in either the "Compressed" (CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage ) or "Liquid" (LNG LNG (liquefied natural gas): see under natural gas. ) states. They are also currently developing propane as an alternate second fuel source. Using only a small amount of diesel fuel as an "ignition starter," the modified diesel engines produce equivalent horse power and torque, while burning mostly natural gas. The dual-fuel engines produce substantially less Nitrous Oxide (NOx) and particulates than an engine burning diesel fuel alone without sacrificing diesel-like performance. In partnership with Caterpillar's truck engine division, CAP has developed and sells Caterpillar Dual-Fuel systems for electronically controlled truck engines. CAP also makes and sells its own injector and transmission valves, some of which are used on the U.S. Military's Bradley fighting vehicles. Clean Air Partners (CAP) was founded in 1992 by John Beck, Ph.D. It received its first round of venture capital ($25 Million) in July 2001. |
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