Clean Air Power Limited California Air Resources Board Certification (6762J)
April 09 2015 - 2:00AM
UK Regulatory
TIDMCAP
RNS Number : 6762J
Clean Air Power Limited
09 April 2015
9 April 2015
Clean Air Power Limited
("Clean Air Power" or the "Group")
US Genesis EDGE Dual-Fuel(TM) Product Achieves California Air
Resources Board Certification
Distribution Agreement Signed Covering the Western Region of the
US
Clean Air Power (AIM:CAP), the developer and global leader in
compression-ignited natural gas engine systems for heavy duty
vehicles is pleased to announce that it has achieved certification
by the California Air Resources Board (CARB) for its US Genesis
EDGE Dual-Fuel(TM) product. Following the announcement of
Environmental Protection Agency certification earlier this year the
Group's Genesis EDGE Dual-Fuel(TM) product is now eligible for
distribution and sale in all 50 US states.
Clean Air Power is also pleased to announce that it has signed a
distribution partnership agreement with TEC Equipment, Inc.
("TEC"), a leading Volvo and Mack truck dealership in the Western
Region of the US. TEC currently operates 14 dealerships at
locations along the West Coast, and further inland, spanning the
states of California, Nevada, Oregon and Washington. In partnership
with Clean Air Power, TEC will offer full sales, installation and
product support services for customers of Clean Air Power's
Genesis-EDGE Dual-Fuel(TM) system.
The partnership with TEC follows the announcement on 13 March
2015 of a similar agreement with Bruckner Truck Sales, Inc., a
dealership operating 22 locations across Colorado, Kansas, New
Mexico, Oklahoma and Texas.
John Pettitt, Chief Executive of Clean Air Power, said: "I am
very pleased that we have achieved certification for our
Genesis-EDGE Dual-Fuel(TM) in California which, as well as being a
significant market for natural gas vehicles, is also the Group's
home state. I am equally delighted that we have teamed up with TEC
and that our Genesis-EDGE Dual-Fuel(TM) system is now available to
customers across the Western region, so that we are now well placed
to win the first orders for our product in the US."
Enquiries:
Clean Air Power Tel: +44 (0)1772
624 499
John Pettitt, Chief Executive
Officer
Neill Skinner, Chief Financial
Officer
Citigate Dewe Rogerson Tel: +44 (0)20
7282 2867
Malcolm Robertson
Chris Gardner
Panmure Gordon Tel: +44 (0)20
7886 2500
Corporate Finance
Freddy Crossley / Atholl Tweedie
Corporate Broking
Tom Salvesen
Peat & Co Tel: +44 (0)20
3540 1721
Charlie Peat
About Clean Air Power
Clean Air Power designs, develops and delivers
compression-ignited natural gas engines for heavy duty transport
applications and manufactures innovative hydraulic valves,
injectors and filters for natural gas engines sold to truck
manufacturers around the world. Clean Air Power's patented
Dual-Fuel(TM) and second-generation MicroPilot technology enables
engines to run on natural gas mixed with diesel (or any suitable
combustion fuel) providing the "spark" that ignites the gas.
Substituting natural gas for diesel cuts fuel costs, emissions of
carbon, nitrous oxide and particulates whilst retaining the
original engine's power, efficiency and reliability
characteristics. Clean Air Power operates, directly or through
distributor partnerships, in the US, Europe, Russia and
Australia.
Initially founded in the USA in 1991, over $90m has been
invested in developing the technology with the result that 62
patents are currently held or pending. The holding company of the
Group is based in Bermuda with operational subsidiaries in the UK,
the USA and Australia. The Group was admitted to the AIM market of
the London Stock Exchange in February 2006
This information is provided by RNS
The company news service from the London Stock Exchange
END
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