Capstone Announces New Distributor Agreement for the Pennsylvania and Mid-Atlantic Regions
Thursday April 12, 5:00 am ET
CHATSWORTH, Calif.--(BUSINESS WIRE)--Capstone Turbine Corporation (www.microturbine.com; NASDAQ:CPST - News), the world's leading manufacturer of microturbine energy systems, today announced the signing of a new Distributor Agreement with E-Finity Corporation (www.E-Finity.com), a company focused on providing energy services to electrical contractors, distributors, utilities, and government end-users since its establishment in 1991.
Headquartered in Wayne, Pennsylvania, E-Finity's exclusive geographic sales territory will include the states of Delaware, Maryland, Pennsylvania, Virginia, West Virginia, Washington, D.C., and Southern New Jersey. E-Finity has completed projects throughout the Mid-Atlantic region for numerous prestigious clients such as BWX Technologies, IKEA Wholesale, Mobil Oil, AFG Industries, Unisys, Citibank, UPS, and Bell Atlantic. E-Finity strives to exceed customers' expectations from the design phase through the installation.
"Signing E-Finity is another good step in rebuilding and strengthening our distribution network as part of my 100 Day Plan. E-Finity has a proven track record of completing innovative energy conservation projects on time and on budget," said Darren Jamison, Capstone's President and Chief Executive Officer. "I am very excited about our partnership with E-Finity as it will open up new business opportunities for both our companies. Additionally, E-Finity successfully participates in the New Jersey Clean Energy Program, the PSE&G Standard Offer, and the Pennsylvania Re-Investment Fund, among others," added Jamison.
"E-Finity's team members pride themselves on the years of contribution in development of the enterprise level applications. E-Finity's Enterprise Division is working with utilities, ESCO's and end users to develop customized Enterprise Solutions that add value to our offerings and services. In addition, E-Finity provides capital improvements while delivering energy savings and energy conservation for our clients," said Justin Beiter, Director of Technology of E-Finity Corporation. "We believe that Capstone's undisputed leadership in the microturbine technology and as a manufacturer of proven and reliable equipment will be an excellent addition to our current business. We are looking forward to a successful long-term relationship between our two companies," added Beiter. |
