Cummins Powered by Capstone Agreement

    COLUMBUS, Ind.--April 30, 2001--Cummins Inc. and Capstone Turbine Corporation announced today a three-year agreement to distribute Capstone powered microturbine systems through the Cummins Power Generation Business Unit.
    According to the terms of the agreement, Cummins will incorporate Capstone's 30 and/or 60-kilowatt microturbine systems into a new Cummins line of turbine powered generator systems. These Cummins products will have a "Powered by Capstone MicroTurbine" nameplate and be sold worldwide, with the exclusion of Japan and Mexico. The products will be available in the marketplace later this year.
    Cummins Power Generation is a global supplier of diesel and natural gas-powered generator sets, power electronics and generator set components from five kilowatt to multi-megawatt installations. It is also the North American market leader in auxiliary generator sets for recreational vehicles (RVs) and recreational marine applications. In 2000, sales were $1.4 billion. Cummins Power Generation has a worldwide network of 500 distributorships and branches.
    Capstone MicroTurbine power system utilize a newer technology to generate electricity and usable heat with very low emissions from a variety of fuel sources, including natural gas, propane, diesel, kerosene and low-grade "waste" gases from landfills, oilfields, sewage treatment plants and agricultural digesters.
    "These low-maintenance Capstone MicroTurbine power systems have demonstrated real-world reliability with more than a half-million hours of aggregated operation," said Jack Edwards, President Power Generation and Executive Vice President of Cummins Inc. " This agreement capitalizes on the strengths of two market leaders. Capstone's technology combined with Cummins Power Generation worldwide market presence and generator packaging expertise creates a complementary product line that offers tremendous value to our customers."