Clean Air Power Limited Contract Win (1556R)

TIDMCAP

RNS Number : 1556R

Clean Air Power Limited

15 November 2012

For immediate release 15 November 2012

Clean Air Power Ltd

("Clean Air Power" or "the Company")

Contract 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 delighted to announce that it has received a significant Genesis Edge systems order from a European logistics operator.

Clean Air Power, which launched a new Renault Magnum compatible Genesis Edge Dual-Fuel(TM) retrofit system earlier this year, has received an order for a further 30 systems. This is in addition to an order previously received for 50 systems from the same Spanish customer announced in April.

These new systems will be delivered to the customer during 2012 and is further confirmation that this new system is being well received and delivering the expected financial and environmental benefits.

Commenting on the announcement, John Pettitt, CEO of Clean Air Power said:

"This is a significant order for Clean Air Power and follows a previous order from the same customer earlier this year.

Clean Air Power's progress, together with the increasing recognition of natural gas as a road fuel among major manufacturers and global fuel providers, is very encouraging. Our range of product offerings continues to develop and will give us the opportunity of entering new markets, both for our retrofit and our OEM systems."

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 
  Clare Akhurst 
 
  Seymour Pierce                          Tel: +44 (0)20 7107 8000 
  David Foreman, Mark Percy (Corporate 
  Finance) 
  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.

Further information is available at cleanairpower.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTUSVNRUSAAAAA

Clean Air (LSE:CAP)
Historical Stock Chart
From Aug 2024 to Sep 2024