Capstone Follow-On Order for 10 Microturbines Signals Smooth Sailing for Super Yachts CHATSWORTH, Calif., June 5, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, expands its presence in the marine market with a follow-on order of 2 C65 and 8 C30 Capstone Microturbines from German based Microturbine Marine Energy (MME), which recently entered into an original equipment manufacturer (OEM) agreement with Capstone. The ultra-low emission, diesel-fueled units are for use in a marine auxiliary application. Auxiliary power plays a crucial role on luxury yachts and commercial vessels, providing power for navigation, communication and computer systems; on-board lights; heat; galley and elevator operations; helicopter landing pads; and more. MME's follow-on order comes at the culmination of a successful year-long operation of a Capstone C30 aboard the Royal Huisman "Lethantia," a 44-meter (144-foot) schooner. With the C30, the Lethantia was the world's first super yacht to run with a Capstone microturbine powered MME generator. "What we got with the microturbine was exactly what we dreamed of," said Siegfried Steiner, Lethantia's owner and MME CEO. "This system provides responsible yacht owners sustainable energy without compromise to the comfort and enjoyment of the onboard experience." "I had great hopes of what might be achieved with a microturbine system, but the results totally exceeded my expectations," he added. "There is absolutely no vibration, no exhaust noise, and no smell. It's almost like operating continuously on batteries without the need for recharging. I feel I have finally come back to the simple pleasures and tranquility of sailing as it used to be." (Click here for a video about this project.) link to video>> http://youtu.be/vLTinWDhZNk In late 2011, two Capstone C30 liquid natural gas (LNG) microturbines were installed by Dutch distributor Pon Power in the first-of-its-kind application aboard the Argonon, a Type C Tanker. Operating in a role of inland shipping along Europe's Rhine River, the units are configured in an N+1 setting and serve as the ship's main electrical power supply. (Click here for the MTS Argonon Video Case Study.)link to video>> http://www.capstoneturbine.com/news/video/view.asp?video=mts-argonon-rotterdam-netherlands "As the trend in energy supply on super yachts moves aggressively towards sustainable energy in a clean and quiet application, installations like the Lethantia's continue to demonstrate that Capstone microturbines truly are well suited for marine applications across the globe," said Darren Jamison, Capstone's President and Chief Executive Officer. About Capstone Turbine Corporation Capstone Turbine Corporation (www.capstoneturbine.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 over 6,500 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of 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 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, Mexico City, Nottingham, Shanghai and Singapore. The Capstone Turbine Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6212 This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the reliability of our products and their use in the renewable energy market. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. "Capstone" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners. CONTACT: Capstone Turbine Corporation Investor and investment media inquiries: 818-407-3628 email@example.com company logo
Capstone Follow-On Order for 10 Microturbines Signals Smooth Sailing for Super Yachts
Press spacebar to pause and continue. Press esc to stop.