US Vehicle Conversion Order Win (9131R)
November 11 2011 - 2:01AM
UK Regulatory
TIDMCAP
RNS Number : 9131R
Clean Air Power Limited
11 November 2011
For immediate release 11 November 2011
Clean Air Power Ltd
("Clean Air Power" or "the Company")
US Vehicle Conversion Order Win
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 a new order in the US.
The order is from Bestway Express for 16 Dual-Fuel(TM) system
installations in the US in which Clean Air Power's technology will
be applied to a Caterpillar 410 horsepower C12 engine. The solution
uses a legacy product within the Company's product range which is
now able to be sold in the US due to recent changes in US emissions
legislation
The Company expects that the niche opened by this recent
legislation change will provide further sales opportunities in 2012
and support the development of a mass market products for the US
and the recently announced commencement of production in
Europe.
Commenting on the order, John Pettitt, CEO of Clean Air Power,
said:
"We are delighted to be able to re-enter the US market which
historically has been the most successful for Clean Air Power.
Awareness and demand for natural gas vehicles is high in the US and
the abundant domestic gas supply provides both financial and energy
security incentives for US operators to adopt our technology."
For further information please contact:
Clean Air Power Tel: +44 (0)1772 624 499
John Pettitt, Chief Executive
Peter Rowse, Group Finance Director
Buchanan Communications Tel: +44 (0)20 7466 5000
Charles Ryland
Ben Romney
Seymour Pierce Tel: +44 (0)20 7107 8000
Freddy Crossley/
Mark Percy
David Banks (Corporate Broking)
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.
About Bestway Express
Since its founding in 1981, Bestway Express has prided itself in
the ability to deliver world-class customer service. Headquartered
in Vincennes, Indiana, Bestway is strategically positioned at the
Crossroads of America. "We are a company dedicated to safety and
service. Our focus is always on the big picture and the customer's
bottom line, " declares Pat McCormick, Chairman of Bestway
Express.
Bestway is a family owned and operated company that actively
manages a modern fleet of 300 power units and 800 dry van trailers.
State-of-the-art satellite tracking and communication systems
ensure safety and timely service to our customers. Several
value-added services are provided through our partners: Bestway
Logistics, LLC, KMA, LLC, C&S Transportation Services, LLC and
Paragon Management Group, LLC. Whatever the need, the Bestway team
works hand in hand with customers to develop customized
transportation plans that best suit their logistical needs.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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