There were 980 press releases posted in the last 24 hours and 453,587 in the last 365 days.

Mid East In Focus: Capstone Microturbines Distributed In Pakistan

June 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Capstone Turbine Corp. (NASDAQ: CPST), a leading clean technology manufacturer of microturbine energy systems, has named Rikans International its distributor in Pakistan. As a Capstone distributor, Rikans will sell and service low-emission Capstone microturbines to a variety of Pakistani business sectors, including hospitality, residential, education, health care, offices, retail, recreation, industrial, telecom and government. Pakistan, located in South Asia bordering the Arabian Sea, is facing an extreme energy crisis and is in desperate need of reliable and efficient energy systems, according to a 2004 report by the Islamabad Policy Research Institute.

The report stated: "Pakistan is most likely to face a major energy crisis in natural gas, power and oil in the next three to four years that could choke the economic growth for many years to come."

"Load-shedding is common with frequent blackouts occurring, which severely impacts businesses and the economy. Onsite power solutions like Capstone microturbines are key to helping Pakistan meet its fast-growing demand for power. Not only are Capstone products reliable, they can operate independently of the grid, produce clean energy and run on a variety of fuel types," said Jim Crouse, Capstone's executive vice president of sales and marketing.

Capstone Turbine claims first place in the race to market commercially viable microturbine energy products.

Real-time streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate, courtesy of Stock Smart (at http://investrend.stocksmart.com/ss/html/hpcompany.html).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

[frlylrf] [ftrdnwswnd] [altrntvtnr] [nrgyygrn] [grrnnwsnr] [ntrntnlcmpnsbsnss] [mdstsdm]

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.