Capstone Turbine (CPST) Announces Shipment of Its First C200 Production Unit Ahead of Schedule

August 28, 2008 9:41 AM EDT

Capstone Turbine Corporation (NASDAQ: CPST) announced that it will ship its first C200 production unit today. Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned. This first production unit is shipping to Integrated Building Technologies (IBT) S.R.L., the company's distributor in Italy. The system will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility.

"Interest in Capstone's C200 product has been very strong as illustrated by the 67 C200 units and 55 C200 equivalent units in C1000 series product in backlog at the end of the last quarter," said Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation. "Management originally planned on building 28 C200 systems in calendar year 2008. We later revised that number to 48 C200 systems before the end of calendar year 2008," added Jamison.

Capstone Turbine Corporation (www.microturbine.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.
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