GTE signs five year agreement

Gas Turbine Efficiency PLC 12 March 2007 12 March 2007 Gas Turbine Efficiency plc GTE signs five year agreement with Solar Turbines Incorporated Gas Turbine Efficiency plc ('GTE' or 'the Company'), a leading supplier of advanced high pressure gas turbine cleaning systems for aviation and industrial turbines, announces that it has signed a five year agreement with Solar Turbines Incorporated (Solar), a Caterpillar company, to develop and supply engine wash systems. GTE will develop, manufacture and supply gas turbine cleaning proprietary systems for the internal cleaning of Solar's entire range of turbines including Saturn(R), Centaur(R), MercuryTM, TaurusTM, Mars(R), TitanTM, as well as other future models. These turbines are designed to deliver an output of between 1 and 15 megawatts, aimed primarily at the low to mid-range power generation and the oil & gas industries. GTE's products will be marketed globally by Solar channels both in the turbine after market as well as for new turbines. Steven Zwolinski, chief executive of GTE, said: 'We are delighted to be working closely with Solar to develop value solutions that contribute to fuel efficiency and emissions reductions for end customers'. Enquiries: Gas Turbine Efficiency plc Steven Zwolinski +46 8 546 10 500 Libertas Capital Aamir Quraishi, Charles Goodfellow +44 20 7569 9650 Corfin Communications Neil Thapar, Alexis Gore +44 20 7929 8989 About GTE Gas Turbine Efficiency plc, whose shares are trading on London Stock Exchange's AIM market (Ticker: GTE), develops, assembles and markets cleaning systems, as well as other associated equipment, for the internal cleaning of gas turbine compressors. The Company sells its products globally to international blue chip customers in the aviation and industrial sectors and to date its products have been used on over 1,000 gas turbines across 34 countries in Europe, the Middle East, Asia and the Americas. Its operational centres are located in Stockholm, Sweden, St Petersburg, Russia, Troy, New York, Orlando, Florida and Houston, Texas, USA. Through Control Center, based in Orlando, Florida, USA, GTE also designs and manufactures a wide range of fluid, combustion and control sub-systems aimed at industrial gas turbines primarily in the power generation, oil & gas, aerospace and pharmaceuticals sectors. About Solar Turbines Incorporated Solar Turbines is a world leading producer of mid-range industrial gas turbines for use in power generation, natural gas compression, and pumping systems. It provides full product support, equipment supply, financing, plus installation and operation and maintenance capability. In 1981, Caterpillar Inc. purchased the Company, and today, Solar Turbines Incorporated is a wholly owned subsidiary. This information is provided by RNS The company news service from the London Stock Exchange
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