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560.00    -15.00 (-2.61%)
Bid:
520.00
Ask:
600.00
Spread: 80.00 (15.385%)
Market Cap: £198.02m
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New EcoPower service launch

19 Jul 2006 07:01

Gas Turbine Efficiency PLC19 July 2006 19 July 2006 Gas Turbine Efficiency plc Pratt & Whitney to launch EcoPower service at Schiphol with Martinair FARNBOROUGH AIRSHOW, UK: Gas Turbine Efficiency plc ("GTE" or "the Company"), aleading supplier of advanced high pressure gas turbine cleaning systems,announces that Pratt & Whitney Global Service Partners ("Pratt & Whitney") is tooffer its innovative EcoPower aircraft engine wash services at Amsterdam'sSchiphol Airport with Martinair as its European launch customer. Pratt & Whitney is GTE's global partner in the aviation sector and has exclusiveuse of the Company's cleaning systems for aero-engine wash services under a longterm royalty sharing agreement. EcoPower's launch at Schiphol follows the successful completion of a pilotprogram with Martinair involving the Amsterdam-based airline's fleet of PW4000engines. As a result, Pratt & Whitney now expects to provide EcoPower enginewashes to Martinair's entire fleet as well as to other airlines that fly intoSchiphol. Paul Horstink, vice president Maintenance & Engineering at Martinair said: "TheEcoPower pilot program met all of our desired results, and we are very happywith how well it cleans our engines. We now plan to clean all of our enginesregularly with this new method, being the first airline in the Netherlands totake this environmentally friendly approach." The engine washing process is a closed-loop, environmentally friendly systemthat uses atomized water to wash aircraft engines. Not only does the systemavoid potentially harmful run-off from the washing process, but it also is moreeffective and much faster than traditional engine washing processes. EcoPowerimproves engine performance and extends time on wing for operators of Pratt &Whitney, GE, IAE, CFMI and Rolls Royce engines. EcoPower wash can reduce fuelburn by as much as 1 percent and increase engine EGT (exhaust gas temperature)margin by as much as 15 degrees C. Steven Zwolinski, chief executive of GTE, commented, "We are delighted thatEcoPower will soon launch its services at Schiphol with Martinair as the launchcustomer. This is a further validation of our strong partnership with Pratt &Whiney and the benefits of our advanced technology to airlines worldwide." Enquiries: Gas Turbine Efficiency plcSteven Zwolinski +46 8 546 10 500 Libertas CapitalAamir Quraishi, Charles Goodfellow + 44 20 7569 9650 Corfin CommunicationsNeil Thapar, Harry Chathli + 44 20 7929 8989 About GTE GTE, whose shares are trading on London Stock Exchange's Alternative InvestmentMarket, develops, assembles and markets cleaning systems, as well as otherassociated equipment, for the internal cleaning of gas turbine compressors. TheCompany sells its products globally to international blue chip customers in theaviation and industrial sectors and to date its products have been used on over1,000 gas turbines across 34 countries in Europe, the Middle East, Asia and theAmericas. Its operational centres are located in Stockholm, Sweden and Houston,Texas, USA. About Pratt & Whitney Pratt & Whitney, a division of United Technologies Corporation, is a worldleader in the design, manufacture and service of commercial and militaryaircraft engines, space propulsion systems and industrial gas turbines.Commercial air giants Boeing and Airbus are Pratt & Whitney's largest commercialengine customers. Military offerings include engines for the F/A-22, F-15, F-16,C-17, and Joint Strike Fighter. Pratt & Whitney rocket engines help launch NASAspace shuttles, space probes, and satellites. Pratt & Whitney also makesindustrial gas turbines. Global Service Partners, Pratt & Whitney's maintenance, repair and overhaul(MRO) services business, is an industry leader in customer solutions and serviceexcellence. It has more than 500 aviation customers served by a worldwidenetwork of 24 overhaul and repair facilities. This information is provided by RNS The company news service from the London Stock Exchange
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