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Capstone Turbine Corporation (CPST) Announces $4.0M Order for C200 Product and Selling Out 2008 C200 Production

Capstone Turbine Corporation (CPST) announced it has received an order for approximately $4.0M from BPC Energy Systems in Moscow, Russia for its new 200kW microturbine product. With this order it has effectively “sold out” of its planned initial calendar year 2008 production.

The new 200kW offering was launched in September 2007 and the C1000 product family was released at the Power-Gen International trade show in New Orleans December 2007. Capstone’s C200 product development program is partially funded by UTC Power Corporation which is providing $12.8M in cash and in-kind services in exchange for a 10% royalty payment.

This new family of microturbine-based products provides solutions in the 200kW, 600kW, 800kW and 1,000kW range in a single standard-sized container. These new products will provide all the low emissions and low maintenance benefits in a compact footprint that will extend the application of Capstone microturbines into the multi-megawatts project size.

Other key features will include Capstone’s patented air bearing, remote monitoring and diagnostic capabilities, and integrated utility synchronization and protection. The small, modular design will allow for easy and low-cost installation. Five and nine year Capstone Factory Protection Plans are also available.

Capstone is the world’s leading producer of low-emission microturbine systems, and was the first to market commercially-viable microturbine energy products. The company 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.

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