Capstone Receives Follow-on Order for Six Megawatts From Large Independent Oil & Gas Company in Eagle Ford Shale Play

CHATSWORTH, Calif., Jan. 6, 2011 (GLOBE NEWSWIRE) -- Less than a month after receiving a three megawatt order from a large independent oil and gas company, Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, received a follow-on order from the same company for six more C1000 Power Packages.

Capstone distributor Pumps & Service, which secured both orders from the same exploration and production company operating in the Eagle Ford Shale play in South Texas, expects the customer will continue to order additional C1000 microturbines in 2011. Today's announcement is the fifth order Pumps & Service has received in recent months from large oil and gas companies operating in significant shale reserves in the United States.

"This oil and gas producer understands the high reliability of Capstone microturbines and the important role our microturbines play in ensuring round-the-clock energy production," said Sam Henry, Pumps and Service President.

The six C1000s together will provide six megawatts of clean and green prime power to central processing facilities and metering stations at remote well sites in the Eagle Ford Shale play. The microturbines, fueled by pipeline quality gas, will produce electricity to provide all power to the onsite equipment, including heaters, pump motors, circulation pumps and distribution panels.

"Sales of the C1000 are accelerating to companies in the oil and gas industry," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "These companies know our low-emission microturbines help oil producers meet stringent EPA air-permitting requirements and also are impressed with our microturbines' high reliability and low maintenance."

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.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. Capstone Turbine has shipped over 5,000 Capstone MicroTurbine(R) systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, Mexico City, Nottingham, Shanghai and Singapore.

The Capstone Turbine Corporation logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=6212

This press release contains "forward-looking statements," as that term is used in the federal securities laws, about lower operational cost, additional reliability, compliance with certain air quality regulations, increased demand for our products and opportunities in the oil and gas sector. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any 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.

"Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:  Capstone Turbine Corporation
          Investor and Investment Media Inquiries:
          818-407-3628
          ir@capstoneturbine.com

Image: company logo

Source: Capstone Turbine Corporation