Capstone Turbine Signs Service Agreement with ITS/PEMEX

Capstone Turbine Corporation said that it has signed a five-year service agreement with Integrated Trade Systems, Inc. (ITS), that will benefit PEMEX, Mexico's National Oil & Gas Company. The agreement will allow PEMEX to request directly parts and services for its fleet of Capstone microturbines installed on platforms in the Gulf of Mexico.

ITS, wholly owned by Petroleos Mexicanos (PEMEX), provides integrated international procurement services to the five entities of PEMEX in Mexico.

Capstone Turbine Corporation manufactures microturbine energy systems and produces the world's only microturbine systems certified by Underwriters Laboratories for Class I, Division 2 hazardous locations. "Capstone's MicroTurbine system offers a good value proposition for offshore platforms with its small footprint and low maintenance features. This agreement will help PEMEX streamline the process of procuring parts and technical services to support their operating fleet." said Mark Gilbreth, Interim President and CEO of Capstone Turbine Corporation.

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