Capstone Employees Pledge to Improve the Community and the World Through Volunteerism
VAN NUYS, Calif., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today its continued commitment to improve the local community and the world through volunteerism in an effort to build a greener future through interactive programs and activities.
Capstone as a company believes that it has a social responsibility to all of its stakeholders, including the community around it and its employees. Specifically, the company developed the Capstone Cares program as an important initiative which Capstone employees work collaboratively to have a positive impact on our local community. The company, through its Capstone Cares program, rolled up their collective sleeves last week for a volunteer clean-up event in the neighboring community.
In partnership with Los Angeles City Councilwoman, Nury Martinez’ office and in collaboration with the Office of Community Beautification, Los Angeles Conservation Corps, Bureau of Sanitation and community neighbors, Capstone employees participated in a volunteer clean-up event on Friday, August 24, 2018, to beautify the surrounding community.
“We recognize how each of us gives back may be different, but our objective is the same — to bring out the good,” said Darren Jamison, President and Chief Executive Officer of Capstone. “Without community service, we would not have a strong quality of life. It’s important to the person who serves as well as the recipient. Residents in the community recognized our clean-up efforts with car horns, friendly waves, while others took the time to walk up and personally thank us,” added Jamison.
Capstone Cares leadership team members and employees logged in excess of 80 volunteer hours to support the clean-up effort that consisted of litter removal, weed abatement and street sweeping from a key stretch of public property in the Los Angeles area.
“Thank you to Capstone for giving back to our community and working with my office in making it a cleaner place for families to enjoy,” said Los Angeles City Councilwoman Nury Martinez, District 6.
Capstone is committed to promoting clean and green initiatives in our community in support of a cleaner America. Capstone Cares is scheduled to participate in the National Kidney Foundation’s Los Angeles Kidney Walk on Sunday, October 14, 2018, and has partnered with community groups to collaborate on blood drives, food drives, and toy drives programs during the remainder of the calendar year 2018.
“We want to ensure that we not only achieve our financial goals but also continue to focus on our responsibility as a corporate citizen and maintain strong values that include the primary framework of ESG principals and standards. We manufacture clean and green products, but as a company, we want to do our part to limit our environmental risks, energy consumption, waste disposal and carbon footprint,” added Mr. Jamison.
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 has shipped over 9,000 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone 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 DQS-Certified ISO 9001:2015 and ISO 14001:2015 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the United States, Latin America, Europe, Middle East and Asia.
This press release contains “forward-looking statements,” as that term is used in the federal securities laws. Forward-looking statements may be identified by words such as “expects,” “believe”, “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.
Capstone Turbine Corporation
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Released August 30, 2018