Capstone Turbine (CPST) Receives $1.5M In Orders from PEMEX

June 16, 2008 8:46 AM EDT

This morning, Capstone Turbine (Nasdaq: CPST) announced that it has received orders for new microturbine systems for deployment on a Petroleos Mexicanos (PEMEX) offshore oil platform in the Gulf of Mexico and equipment upgrades to existing platform systems, spare parts and training.

Capstone received a microturbine order from GIMSA International, Inc. for approximately $400,000.

The equipment upgrades, spare parts and training totaling approximately $1.1 million were from Integrated Trade Systems, Inc. (ITS), a U.S. corporation that is wholly owned by PEMEX and provides integrated international procurement services to PEMEX and its four subsidiary entities in Mexico.


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