Capstone Turbine Names EXI - Electromec Costa Rican Distributor
CHATSWORTH, Calif., Aug. 12, 2009 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, recently expanded its Latin American presence by naming EXI - Electromec its distributor in Costa Rica.
Established in 1986 in San Jose, EXI - Electromec is a power-solutions company and full-service provider of refrigeration, air conditioning and combined heat and power systems for data centers, hospitals, wastewater treatment plants, landfills, agri-business, hotels and other commercial entities in Costa Rica.
"Costa Rica is working to become the world's first carbon-neutral country," said Jim Crouse, Capstone's Executive Vice President, Sales and Marketing. "About 99 percent of all electricity produced in the country comes from renewable sources. Clean-and-green Capstone microturbines are ideal power systems for this country." "Landfills, wastewater treatment plants and agricultural operations produce high levels of solid and animal waste, which can be used as a renewable energy source," said Guido Cubero Arroyo, EXI - Electromec President. "Because Capstone microturbines produce on-site electricity from methane gas at these sites, fuel for the microturbines is readily available. In addition, we can capture waste heat from the microturbines and use it to drive absorption chillers for air conditioning or to heat buildings or water. Capstone turbines provide clean, reliable and cost-efficient power."
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 4,000 Capstone MicroTurbine(R) 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 9001:2000 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, Singapore and Tokyo.
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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the advantages of Capstone's products. 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.
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Released August 12, 2009