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28 Feb 2012 07:00
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™ 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™ system. The order is worth c.£0.4m.
The Genesis Edge product is Clean Air Power's retro-fit Dual-Fuel™ offering that can be installed on customers' existing vehicles. These 14 units will reduce CO2 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™ 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™ 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™ systems.
The attraction of our Genesis Edge Dual-Fuel™ 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 John Pettitt, Chief Executive Peter Rowse, Group Finance Director
| Tel: +44 (0)1772 624 499 |
Buchanan Charles Ryland Ben Romney
Seymour Pierce Freddy Crossley/ Mark Percy David Banks (Corporate Broking)
| Tel: +44 (0)20 7466 5000
Tel: +44 (0)20 7107 8000
|
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel™ combustion technology for heavy duty diesel engines. Dual-Fuel™ 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.
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