CHATSWORTH, Calif., Aug 26, 2008 (BUSINESS WIRE) -- Capstone Turbine Corporation (NASDAQ:CPST) (www.microturbine.com),
the world's leading clean technology
manufacturer of microturbine energy systems, announced today that it has
received two orders totaling over $1.3 Million for its innovative UPSource
product, an Uninterruptible Power Source (UPS) for data center
applications. The systems will be delivered to customers in Arlington,
Virginia and Houston, Texas.
"Capstone's UPSource
Secure Power product is designed, configured and priced to be
competitive in the Tier II -- IV data center
market as the prime IT power source," said
Beau Follis, Capstone's sales consultant for
the UPSource product. Customers'
previous options were redundant "big-box"
UPS systems and large diesel generators for extended power outages.
Because these systems can have hundreds of batteries and weigh thousands
of pounds, data centers face the challenge and cost of disposing
thousands of tons of waste lead, copper and battery acids in an
environmentally proper manner.
"Instead of an air-conditioned room with rows
of batteries on raised floors periodically used to provide emergency
back-up, Capstone's UPSource Secure
Power product uses multiple highly reliable, natural-gas fueled
microturbines that provide continuous power independent of the electric
utility," said Jim Crouse, Capstone's
Executive Vice President, Sales and Marketing. "The
turbines offer digital power electronics that deliver quality power and
can be placed outside, which means no extra construction costs and easy
access."
Secure Power offers eight 9's of reliability
for N + 1 configurations, all with less maintenance, less cost and
greater safety than traditional UPS battery systems. Since each turbine
has only one moving part and uses no fluids, it is almost
maintenance-free. In fact, each power module is designed to run
continuously for over 40,000 hours before its first major maintenance
cycle.
"On average, Secure Power is 20 percent less
expensive than traditional UPS in N + 1 requirements. Cost savings come
from Secure Power's extremely low maintenance
and operational costs. Natural gas is less expensive to use in
day-to-day operations than utility electricity, and Secure Power's
100 percent up-time means more production time,"
said Darren Jamison, President and Chief Executive Officer of Capstone
Turbine Corporation.
Secure Power is more environmentally friendly than traditional UPS
systems. It has extremely low NOx and CO2 emissions --
so low, in fact, that it meets the strict California emissions
requirements. The UL 2200 and UL 1731 certified turbines contain no
hazardous materials, so there is no chance for indoor explosive-gas
buildup as there is in batteries.
About Capstone Turbine Corporation
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 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 Turbine is headquartered in the Los Angeles area with
sales and/or service centers in New Jersey, New York, Mexico City,
Milan, Bath, Shanghai and Tokyo.
This press release contains "forward-looking statements," as that term
is used in the federal securities laws, about the economic and
environmental advantages of Capstone Turbine's
Secure Power systems. 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 Turbine Corporation"
and "Capstone MicroTurbine"
are registered trademarks of Capstone Turbine Corporation. All other
trademarks mentioned are the property of their respective owners.
SOURCE: Capstone Turbine Corporation
Capstone Turbine Corporation
Alice Barsoomian, 818-407-3628
