CAP Clean Air

 

TIDMCAP 
 
RNS Number : 1135N 
Clean Air Power Limited 
11 February 2009 
 

+-------------------------------------+------------------------------------------+ 
| For Immediate Release               |                                          | 
|                                     | 11 February 2009                         | 
+-------------------------------------+------------------------------------------+ 
 
 
Clean Air Power Limited 
 
 
("Clean Air Power" or "the Company") 
 
 
Contract Win 
 
 
New Order for Components Division 
 
 
Clean Air Power Limited (AIM: CAP) is pleased to announce a significant order 
and long term supply agreement for its Components Division in San Diego, USA. 
 
 
The order from L3 Communications ("L3"), which is worth $1,111,000, is for the 
supply of hydraulic valves to be delivered in 2009.  In addition the long term 
supply agreement that Clean Air Power has signed with L3 anticipates total sales 
of $3,337,000, including the above 2009 order, between 2009 and 2011. 
 
 
Clean Air Power has been a supplier to L3 for a number of years and the company 
is delighted to cement the already strong relationship with this important 
customer with this long term agreement. Following the January announcement of 
the $900k order from Exterran for the Company's Emissions Division the agreement 
represents another demonstration of Clean Air Power's ability to cultivate 
relationships with its customers and grow long term relationships and revenues 
from comparatively low bases. 
 
 
 Clean Air Power's Components division grew from its need to develop specialised 
components for its own core Dual-Fuel(TM) technology. The injectors and valves 
now produced incorporate a number of beneficial and patented features which have 
allowed Clean Air Power to become a tier one supplier to a number of automotive 
manufacturers around the world. 
 
 
John Pettitt, CEO, said: 
 "I am delighted to have received this long term commitment from L3. Clean Air 
Power concentrates on developing customer relations and ensuring quality and 
innovation in engineering, and  I am delighted that the Company is beginning to 
reap the rewards from this consistent focus. Following the announcement of the 
signature of the Volvo letter signature for development of its core 
Dual-Fuel(TM) technology in early January the positive trend for the company 
continues." 
 
 
 
 
For further information contact: 
 
 
Clean Air Power 
John Pettitt, Chief Executive 
Peter Rowse, Finance Director 
Tel: +44 (0)1494 527110 
 
 
Canaccord Adams Limited 
Robert Finlay 
Guy Blakeney 
Bhavesh Patel 
Tel: +44 (0)20 7050 6500 
 
 
Buchanan Communications 
Charles Ryland 
Ben Romney 
Tel: +44 (0)20 7466 5000 
 
 
 
 
 
 
 
 
 
 
Notes to Editors: 
 
 
Clean Air Power is the developer and provider of Dual-Fuel(TM) combustion 
technology for heavy duty diesel engines. Dual-Fuel(TM) engines substantially 
cut fuel costs and carbon emissions, by substituting diesel with clean natural 
gas without sacrificing the original engine's characteristic efficiency or 
reliability. Clean Air Power is well positioned to assist corporations and 
governments to deliver on their environmental commitments while at the same time 
reducing transport operators overheads. 
 
 
Initially founded in the USA in 1991, around GBP40m has been invested in 
developing the technology with the result that 62 patents are currently held or 
pending. The holding company of the Group is based in Bermuda with operational 
subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM 
market of the London Stock Exchange in February 2006. 
 
 
Further information on Clean Air Power is available at www.cleanairpower.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 AGRURABRKSRUAAR 
 

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