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15 Feb 2010 07:00
15 February, 2010
Gas Turbine Efficiency plc
New Aviation Orders From Pratt & Whitney
ORLANDO, Florida - Gas Turbine Efficiency plc (AIM: GTE), a leader in energy and aviation products and services, is pleased to announce that it has received a $1.6m order from Pratt and Whitney for its closed loop EcoPower® service. This equipment will serve multiple locations within the United States as well as in other countries.
In addition, Pratt & Whitney has also announced that they recently signed a 5-year agreement with Nayak Aircraft Services GmbH, one of the largest airline-independent providers of aircraft maintenance in Europe. This will potentially further extend GTE´s technology in this region to more than 60 airlines in more than 25 stations at airports in Germany, Austria, the Netherlands, Italy, France, Finland, Poland, Spain and Ireland.
Steven Zwolinski, CEO of GTE, said:
"It is pleasing to see this increase in demand for our products from the airline industry. These orders demonstrate that GTE's technology is recognized as a cost-effective solution for airline operators. More than ever, airline operators understand the value of reducing fuel burn and optimizing asset life while reducing emissions."
Through the exclusive use of GTE's water wash technology, Pratt & Whitney's airline customers can reduce fuel consumption by as much as 1.2%, eliminating approximately three pounds of carbon dioxide emissions for every pound of fuel saved. The system is typically more effective and much faster than traditional engine washing processes.
As of February 2010, several of the world's largest operators in the aviation industry have signed up for this service including customers Southwest Airlines, Singapore Airlines, United Airlines, Hawaiian Airlines, Martinair and the United States Air Force.
About GTE
Gas Turbine Efficiency designs, manufactures and supplies proprietary cleantech energy saving and performance enhancing solutions to the power generation, oil and gas, and aviation industries. The company's extensive portfolio of patented cleantech solutions save fuel, reduce emissions, increase availability, and extend turbine and parts life. The Group also provides solutions for burning a wider variety and quality of fuels such as liquefied natural gas, clean coal, and alternative fuel blends. Products and services developed by our world-class technology team include compressor cleaning and power augmentation systems; fuels management systems; combustion design, repair, upgrade and monitoring; fluid and control auxiliaries; and outage management services
For more information about Gas Turbine Efficiency plc and its products and services, please visit http://www.gtefficiency.com.
For more information:
Financial Dynamics
Jon Simmons +44 (0) 20 7269 7291
Sophie Moate
Megan Thomas Director of Marketing and Communications Gas Turbine Efficiency media@gtefficiency.com Phone: 407.304.5236
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