12th Mar 2007 07:03
Gas Turbine Efficiency PLC12 March 2007 12 March 2007 Gas Turbine Efficiency plc GTE signs five year agreement with Solar Turbines Incorporated Gas Turbine Efficiency plc ("GTE" or "the Company"), a leading supplier ofadvanced high pressure gas turbine cleaning systems for aviation and industrialturbines, announces that it has signed a five year agreement with Solar TurbinesIncorporated (Solar), a Caterpillar company, to develop and supply engine washsystems. GTE will develop, manufacture and supply gas turbine cleaning proprietarysystems for the internal cleaning of Solar's entire range of turbines includingSaturn(R), Centaur(R), MercuryTM, TaurusTM, Mars(R), TitanTM, as well as otherfuture models. These turbines are designed to deliver an output of between 1 and15 megawatts, aimed primarily at the low to mid-range power generation and theoil & gas industries. GTE's products will be marketed globally by Solar channelsboth in the turbine after market as well as for new turbines. Steven Zwolinski, chief executive of GTE, said: "We are delighted to be workingclosely with Solar to develop value solutions that contribute to fuel efficiencyand emissions reductions for end customers". Enquiries: Gas Turbine Efficiency plcSteven Zwolinski +46 8 546 10 500 Libertas CapitalAamir Quraishi, Charles Goodfellow +44 20 7569 9650 Corfin CommunicationsNeil Thapar, Alexis Gore +44 20 7929 8989 About GTE Gas Turbine Efficiency plc, whose shares are trading on London Stock Exchange'sAIM market (Ticker: GTE), develops, assembles and markets cleaning systems, aswell as other associated equipment, for the internal cleaning of gas turbinecompressors. The Company sells its products globally to international blue chipcustomers in the aviation and industrial sectors and to date its products havebeen used on over 1,000 gas turbines across 34 countries in Europe, the MiddleEast, Asia and the Americas. Its operational centres are located in Stockholm,Sweden, St Petersburg, Russia, Troy, New York, Orlando, Florida and Houston,Texas, USA. Through Control Center, based in Orlando, Florida, USA, GTE alsodesigns and manufactures a wide range of fluid, combustion and controlsub-systems aimed at industrial gas turbines primarily in the power generation,oil & gas, aerospace and pharmaceuticals sectors. About Solar Turbines Incorporated Solar Turbines is a world leading producer of mid-range industrial gas turbinesfor use in power generation, natural gas compression, and pumping systems. Itprovides full product support, equipment supply, financing, plus installationand operation and maintenance capability. In 1981, Caterpillar Inc. purchasedthe Company, and today, Solar Turbines Incorporated is a wholly ownedsubsidiary. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Gran Tierra