Capstone Turbine Corporation Names Laibach as Its Distributor in Slovenia and Croatia
CHATSWORTH, Calif., July 15, 2010 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, named Laibach as its distributor for Slovenia and Croatia.
In addition to Laibach, Capstone has distributors in the Eastern and Central European countries of Belarus, Bulgaria, the Czech Republic, Hungary, Poland, Slovakia and Turkey.
Laibach, headquartered in Ljubljana, Slovenia, is a fast developing, diverse company that provides clean-energy power solutions to businesses and also sells components to the power transmission & controls industry. Laibach will sell, engineer, construct, commission, and service Capstone microturbines in a number of industries, including CHP, CCHP, hybrid electric vehicle, agriculture and biogas, and landfills. "Governments in Slovenia and Croatia continue to be extremely interested in clean-and-green energy systems, such as Capstone microturbines," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "In Croatia, for example, the country's Energy Act defines the use of renewable energy sources as a national interest of the Republic. Capstone turbines and microturbines are an ideal source of energy that uses renewable fuels such as methane from landfills."
"We are pleased to now offer Capstone microturbines to the expanding markets in Slovenia and Croatia," said Laibach Director Miro Murn. "Capstone offers highly reliable, low-emission microturbines that can help Eastern and Central Europe meet the increasing demand for clean energy in the region."
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 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.
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 advantages of our products and increased sales of our products in Slovenia and Croatia. 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 ir@capstoneturbine.com
Released July 15, 2010