CAP Clean Air

 

TIDMCAP 
 
RNS Number : 9523Y 
Clean Air Power Limited 
14 September 2009 
 

 
 
+------------------------------------+-------------------------------------------+ 
| For Immediate Release              |                         14 September 2009 | 
+------------------------------------+-------------------------------------------+ 
 
 
Clean Air Power Ltd 
 
 
 ("Clean Air Power" or "the Company") 
 
 
Order for Demonstrator Model 
 
 
Clean Air Power (AIM : CAP), the developer of Dual-Fuel(TM) combustion 
technology that enables heavy-duty diesel engines to operate on a combination of 
diesel and natural gas, is pleased to announce that it has been awarded a 
contract to supply a demonstrator tipper truck to VSE, Vale Soluções em 
Energia ("VSE"). 
 
 
VSE was established two years ago by Vale, a Brazilian mining company which is 
currently the second largest in the world, to develop solutions in power 
generation utilising renewable or "greener" sources of energy. VSE approached 
CAP in July this year in their quest to source technology to enable Vale's off 
road vehicles to run on natural gas. As a result CAP has won a contract for 
$355,000 to supply a demonstrator 8x4 axle tipper truck to VSE by 31 December 
2009, 
 
 
The demonstrator tipper will be a Scania unit fitted with CAP's patented Genesis 
Dual-Fuel(TM) retrofit unit. 
 
 
John Pettitt CEO, commented: 
 
 
"Although this order is for only one demonstrator model currently, this is a 
significant development for Clean Air Power. Our technology was noticed by VSE, 
who approached us and it is our first venture into Brazil, a very interesting 
market where natural gas is widely available and commonly used as a road fuel." 
 
 
 
 
 
 
For further information please contact: 
 
 
Clean Air Power +44 (0)1494 527110 
John Pettitt, Chief Executive 
Peter Rowse, Finance Director 
 
 
Buchanan Communications +44 (0)20 7466 5000 
Charles Ryland 
Ben Willey 
Ben Romney 
 
 
Charles Stanley Securities (Nominated Adviser)  +44 (0)20 7953 2000 
Freddy Crossley 
Jen Boorer 
 
 
Notes to Editors 
 
 
About Clean Air Power 
 
 
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 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 63 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 
 
 CNTDGGMLDMRGLZM 
 

Clean Air (LSE:CAP)
Historical Stock Chart
From Jun 2024 to Jul 2024

Clean Air (LSE:CAP)
Historical Stock Chart
From Jul 2023 to Jul 2024