Capstone CFO to Speak at Bear Stearns Conference
CHATSWORTH, Calif.--May 17, 2001--Capstone Turbine Corp. Chief Financial Officer Jeffrey R. Watts is slated to make a presentation at 2:25 p.m. Eastern time, Monday, May 21, at the Second Annual Industrial and Power Technologies Conference: "Leveraging Technologies in the Industrial and Power Industries" to be held at the Fairmont Copley Plaza in Boston, May 21 and 22, 2001.The www.bearstearns.com Web site notes: "This event promises to be an excellent follow-up to last year's conference, offering an expanded agenda touching on several key themes. Industry experts will address current trends in collaboration, e-marketplaces, power quality and infrastructure development, and supply chain management."
Conference attendance is by invitation only, but the conference will be Webcast via the "Investor Relations" page of the company's Web site at www.microturbine.com.
About Capstone Turbine
Capstone Turbine (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. Readers 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, SEC File No. 333-48524. Capstone cautions readers 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.