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Spread: 60.00 (14.286%)
Market Cap: £149.22m
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GTE to receive US Patent

23 Oct 2007 07:02

Gas Turbine Efficiency PLC23 October 2007 23 October 2007 GTE to receive US Patent for on-wing turbine wash technology Gas Turbine Efficiency plc ("GTE" or "the Group"), a leading manufacturer ofadvanced systems to clean, monitor and enhance the performance of aviation andindustrial turbines, is pleased to announce that it is to be granted a US Patentfor System and Devices for Collecting and Treating Waste Water from EngineWashing. An application for the patent was filed in June 14, 2004 and concerns GTE'sunique, highly atomised water injection technology for 'on-wing' washing ofaircraft engines built by all leading turbine manufacturers. These wash systemshave been deployed by a wide range of aircraft operators through GTE's exclusiveaviation industry partner, Pratt & Whitney, and deliver validated reductions incarbon emissions, fuel costs and engine downtime. The patent describes and protects the Group's intellectual property concerningthe GTE Collection and Treatment System, whose key environmental featuresinclude effluent-free, closed loop washing resulting in 100% capture of dirtywater. Key features described in the application include : Mobile, Wash Effluent Collection System with: • Flexible Positioning and Configuration for Multiple Engine Classes • Liquid to Air Separation of Wash/Air Effluent upon Exit from the Engine During Wash • Funneling of Liquid from Separator and Below Engine Nacelle to a Collection and Holding System • Waste Water Filtering Treatment for Reuse or Environmental Release The grant of the patent takes the total number of patents filed or held by GTEto six. Steven Zwolinski, Chief Executive Officer of GTE, commented: "We are delightedto be granted this patent for our unique on-wing wash system which providesmajor environmental and cost benefits to aircraft operators. With a vastlyexperienced technology team, GTE will continue to deliver value throughinnovation and environmentally-friendly solutions for aviation, power generationand industrial turbine operators worldwide." Enquiries: Gas Turbine Efficiency plcSteven Zwolinski, CEO +46 8 546 10 528 Libertas CapitalAamir Quraishi, Charles Goodfellow +44 20 7569 9650 Corfin CommunicationsNeil Thapar, Harry Chathli +44 20 7977 0020 About GTE Gas Turbine Efficiency plc is a leading manufacturer and services provider ofintegrated solutions for enhancing the performance of gas turbines usedprimarily in the aviation, power generation, industrial and chemical industries.The focus is on improved performance and availability, fuel efficiency, lowercarbon emissions, restoration of optimal design and parts life extension,resulting in increased profits for our clients and a cleaner environment. TheGroup's product and services portfolio includes advanced wash systems,performance monitoring, combustion design and repair, fluid and control systems.The Group sells its products to blue-chip customers worldwide from operationalcentres in Europe and the USA. GTE's shares are traded on the London StockExchange's AIM under the ticker 'GTE'. This information is provided by RNS The company news service from the London Stock Exchange
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