Gran Tierra Regulatory News (GTE)

12 Jul 2007 07:01

Gas Turbine Efficiency PLC12 July 2007 12 July 2007 Gas Turbine Efficiency plc Extension of Agreement with Rolls Royce Gas Turbine Efficiency plc ("GTE" or "the Group"), a leading designer andmanufacturer of advanced cleaning, performance monitoring and fluid and controlsystems for gas turbines, is pleased to announce that it has signed a three yearextension of its exclusive agreement with Rolls-Royce, Plc. The extended agreement provides for the continued development of products andservices including GTE's high pressure wash systems for the fleet of Rolls Royceindustrial turbines including the RB211, 501, Avon, and Trent product lines forthe power generation and oil & gas markets. The agreement also provides for theextension and inclusion of other product lines as deemed appropriate by bothparties. GTE systems for Rolls-Royce turbines have now been installed in theAmericas, Europe, Middle East and Asia. Steven Zwolinski, GTE's chief executive, commented: "We are delighted to furtherstrengthen our relationship with Rolls Royce. It is an affirmation of thereliability and efficiency of our system. It provides long term visibility toour growth strategy while operators of Roll Royce's flagship product lines willcontinue to benefit from GTE's advanced wash systems for optimising turbineperformance, reduce fuel costs and carbon emissions." 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 7929 8989 About GTE Gas Turbine Efficiency plc, whose shares are traded on London Stock Exchange'sAIM market (Ticker: GTE), designs, manufactures and markets advanced integratedsolutions for environmental, process and asset optimisation of gas turbinesprimarily in the aerospace, industrial, oil & gas and marine sectors. Thesesolutions include cleaning systems, performance monitoring, fluid and controlsub-systems that improve turbine performance and availability, fuel efficiencyand parts life, resulting in increased profits for our clients and a cleanerenvironment. The Group sells its products to blue chip customers worldwide fromoperational centres in Europe and the USA. This information is provided by RNS The company news service from the London Stock Exchange EN