Contract Win (2266Y)
February 28 2012 - 2:01AM
UK Regulatory
TIDMCAP
RNS Number : 2266Y
Clean Air Power Limited
28 February 2012
For immediate release 28 February 2012
Clean Air Power Ltd
("Clean Air Power" or "the Company")
Contract Win
Major Supermarket Orders Genesis Edge Conversion Kits
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 delighted to
announce that it has won a new order from a major supermarket for
14 units of Clean Air Power's Genesis Edge Dual-Fuel(TM) system.
The order is worth c.GBP0.4m.
The Genesis Edge product is Clean Air Power's retro-fit
Dual-Fuel(TM) offering that can be installed on customers' existing
vehicles. These 14 units will reduce CO(2) emissions and fuel costs
in comparison with traditional diesel vehicles.
This order follows a three year successful trial of Clean Air
Power's Genesis Edge Dual-Fuel(TM) system by the supermarket which
has enabled 5 trucks to operate using bio-methane gas which has
been produced from landfill waste.
The Company's Dual-Fuel(TM) technology is also offered
integrated into manufacturers' vehicles on an OEM basis. Clean Air
Power recently announced that a European OEM product with Clean Air
Power's technology integrated within its engine was set to commence
and confirms that production has now started.
Commenting on the order, John Pettitt, CEO of Clean Air Power,
said:
"We have had a close working relationship with the supermarket
for some time and we are extremely encouraged that this has
culminated in an order for 14 Genesis Edge Dual-Fuel(TM)
systems.
The attraction of our Genesis Edge Dual-Fuel(TM) systems is
being recognised more and more as our products are attracting ever
increasing attention. We look forward to working with this
supermarket further."
For further information please contact:
Clean Air Power Tel: +44 (0)1772 624 499
John Pettitt, Chief Executive
Peter Rowse, Group Finance Director
Buchanan 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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