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Capstone Receives First Order In Slovenia For Two C200s From Regional Hospital

Stocks in this article: CPST

CHATSWORTH, Calif., June 20, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation ( www.capstoneturbine.com ) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, today announced the first order for Capstone MicroTurbines® in Slovenia for two C200s to be installed at Splo┼ína bolni┼ínica Novo Mesto, the general hospital in Novo Mesto, Slovenia.

Capstone's distributor for Croatia and Slovenia -- Liabach -- secured the order and will commission the units this fall.

The C200s, which will be installed on the hospital's rooftop, will operate in a combined cooling, heating, and power (CCHP) application to lower emissions, increase energy efficiency, and ensure reliable power generation for the 377-bed regional hospital. The natural gas-fueled microturbines will be grid-connected and provide electricity, heating, and hot domestic water for the facility.

The project was funded in part by the Council of the European Union to help the hospital meet international efficiency standards. The EU is aiming for a 20 percent cut in Europe's annual primary energy consumption by 2020. Following installation of the C200s, hospital officials anticipate natural gas efficiencies to increase from 34 percent to 73 percent.

"The microturbines' ultra-low greenhouse gas and noise emissions, low vibration, and low maintenance costs, paired with their ability to withstand Slovenia's harsh climate, make them the best technology for the hospital," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing." The C200 features Capstone's patented oil free air bearing technology, remote monitoring and diagnostic capabilities, and integrated utility synchronization and protection. The small, modular systems allow for easy and low-cost installation.

"Worldwide interest in Capstone's C200 product continues to grow," said Darren Jamison, Capstone's President and Chief Executive Officer. "This order not only introduces Capstone into yet another new marketplace, but also exemplifies Capstone's global appeal and diversity. Our value proposition of high reliability, long maintenance intervals, and low total cost of ownership provides an unrivaled product that makes sound business sense for countless applications."

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