Capstone CFO to Speak at Salomon Smith Barney Power Conference
CHATSWORTH, Calif.--March 26, 2001--Capstone Turbine Corp. Chief Financial Officer Jeffrey R. Watts is slated to address a gathering of investors at 7:45 a.m. Eastern Time, Wednesday, March 28, at Salomon Smith Barney's First Annual Distributed Generation and Power Technology Conference, to be held at the Millennium Broadway Hotel in New York, March 28 and 29.The Capstone Turbine presentation will be Webcast via the "Investor Relations" page of the company's Web site at www.microturbine.com. The archived Webcast is to be accessible for 30 days.
About Capstone Turbine
Capstone Turbine Corp. (www.microturbine.com) -- winner of Financial Times Energy's (www.ftenergy.com) 2000 Global Energy Award for Most Innovative Commercial Technology -- is a leading producer of low-emission microturbine systems.
In 1998, Capstone was the first to offer commercial power products utilizing microturbine technology, the result of more than 10 years of focused research.
Worldwide, more than 1,000 commercial production Capstone MicroTurbine systems serve, among others, the following applications:
| -- | Hybrid electric vehicles (HEVs): onboard generation |
| -- | Resource recovery: converting oilfield and biomass waste gases into electricity |
| -- | Micro-cogeneration: combined heat/power/chilling solutions |
| -- | The 9s market: power quality and reliability |
This news release contains "forward-looking statements," as that term is used in the federal securities laws, about Capstone's business. You can find many of these statements by looking for words such as "believes," "expects," anticipates," "estimates," "we see" or similar expressions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. These risks and uncertainties include those risks, uncertainties, marketplace competitors and risk factors identified, among other places, under "Risk Factors" in Capstone's registration statement on Form S-1, Securities and Exchange Commission File No. 333-48524. Capstone cautions you not to place undue reliance on these statements, which speak only as of the date of this release. Capstone undertakes no 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.