Capstone Turbine Corporation Sells C1000 to Luxury Apartment Complex in South Korea

CHATSWORTH, Calif., May 12, 2010 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation ( (Nasdaq:CPST), the world's leading clean-technology manufacturer of microturbine energy systems, today announced it received an order for a C1000 from developers of a 2,300-unit luxury apartment complex in South Korea.

This is the first sale of a clean and green Capstone C1000 power package in South Korea.

Capstone distributor Samsung C&T Corporation, headquartered in Seoul, sold the C1000 to Poong Lim, a construction and engineering firm developing the luxury apartments. The C1000 will be installed in a Combined Heat and Power (CHP) application at Exllu Tower PJT in Daejeon, one of South Korea's largest cities.

In addition to generating one megawatt of electricity at Exllu Tower, waste-heat energy from the turbine will be captured to produce domestic hot water for the complex, which features six separate fifty-story buildings spread across 416,000 square meters. When completed next year, the luxury complex will be a landmark on Daejeon's skyline. Residents will enjoy a movie theater, indoor driving range, fitness center, conference center and more.

Emissions savings at the complex are expected to be equivalent to removing 700 cars from the road or planting 730 acres of forest.

"This is one of the largest building complexes to ever use a Capstone turbine," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "The low emissions of our products are a significant reason Poong Lim selected the Capstone C1000. Pollution is a major issue in South Korea, which has very strict emission requirements."

"The C1000 is extremely quiet and is a small, modular energy system, which makes it an ideal installation in residential areas like apartment complexes," said Mr. Y.B. Kim, Vice President of Samsung C&T Corporation. "It has exceptional fuel efficiency, reliability and environmental advantages."

"The popularity of our C1000 Series continues to gain momentum worldwide," said Darren Jamison, Capstone's President and Chief Executive Officer. "The South Korean market is very important to Capstone, and Samsung is a tremendous partner," added Jamison.

The C1000 is a compact and robust one megawatt power system that provides the same low emissions, low noise, high efficiency and extended maintenance benefits of Capstone's C30, C65 and C200 offerings. It features Capstone's patented air bearing, remote monitoring and diagnostic capabilities, and integrated utility synchronization and protection. The small, modular C1000 systems allow for easy and low-cost installation. Five- and nine-year Factory Protection Plans ("FPP") also are available, providing customers with fixed maintenance costs over the term of the FPP.

About Capstone Turbine Corporation

Capstone Turbine Corporation ( (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 5,000 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 9001:2008 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.

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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the fuel efficiency, reliability and environmental advantages of our 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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