Gas Turbine Efficiency PLC
12 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 and
manufacturer of advanced cleaning, performance monitoring and fluid and control
systems for gas turbines, is pleased to announce that it has signed a three year
extension of its exclusive agreement with Rolls-Royce, Plc.
The extended agreement provides for the continued development of products and
services including GTE's high pressure wash systems for the fleet of Rolls Royce
industrial turbines including the RB211, 501, Avon, and Trent product lines for
the power generation and oil & gas markets. The agreement also provides for the
extension and inclusion of other product lines as deemed appropriate by both
parties. GTE systems for Rolls-Royce turbines have now been installed in the
Americas, Europe, Middle East and Asia.
Steven Zwolinski, GTE's chief executive, commented: 'We are delighted to further
strengthen our relationship with Rolls Royce. It is an affirmation of the
reliability and efficiency of our system. It provides long term visibility to
our growth strategy while operators of Roll Royce's flagship product lines will
continue to benefit from GTE's advanced wash systems for optimising turbine
performance, reduce fuel costs and carbon emissions.'
Enquiries:
Gas Turbine Efficiency plc
Steven Zwolinski, CEO +46 8 546 10 528
Libertas Capital
Aamir Quraishi, Charles Goodfellow + 44 20 7569 9650
Corfin Communications
Neil Thapar, Harry Chathli +44 20 7929 8989
About GTE
Gas Turbine Efficiency plc, whose shares are traded on London Stock Exchange's
AIM market (Ticker: GTE), designs, manufactures and markets advanced integrated
solutions for environmental, process and asset optimisation of gas turbines
primarily in the aerospace, industrial, oil & gas and marine sectors. These
solutions include cleaning systems, performance monitoring, fluid and control
sub-systems that improve turbine performance and availability, fuel efficiency
and parts life, resulting in increased profits for our clients and a cleaner
environment. The Group sells its products to blue chip customers worldwide from
operational centres in Europe and the USA.
This information is provided by RNS
The company news service from the London Stock Exchange
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