Capstone Turbine Adds Fluid Control Systems S.A. in Argentina to Its Worldwide Distribution Network
CHATSWORTH, Calif., Oct. 29, 2009 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, today announced that it has added Fluid Control Systems S.A. in Argentina to its growing list of distributors around the globe.
Fluid Control Systems S.A., headquartered in Buenos Aires, is Capstone's second distributor in Argentina. The company offers extensive experience selling, installing and servicing energy related products to manufacturing and industrial firms to improve power reliability, while reducing energy costs.
Fluid Control Systems will sell, install and service Capstone microturbine systems for applications that include combined cooling, heating and power (CCHP), combined heat and power (CHP), agricultural, biogas, and oil and gas markets.
"Fluid Control Systems has an impressive list of customers in Argentina and will play an important role in expanding Capstone's presence throughout the country," said Jim Crouse, Capstone's Executive Vice President of Sales & Marketing. "Argentinean companies need our products because the country's power grid is stretched and businesses face growing power interruptions that affect productivity."
"We are proud to be named a Capstone distributor and to offer microturbine based energy systems that are highly reliable, produce clean and green electricity with extremely low greenhouse gas emissions, and can operate on a variety of fuel types," said Christian Ortiz, Direct Manager, Fluid Control Systems. "Capstone microturbines are an excellent solution for our customers to overcome their electricity problems."
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.
The Capstone Turbine Corporation logo is available at https://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 expansion of Capstone's presence throughout Argentina and 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.
"Capstone Turbine Corporation" 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
Released October 29, 2009