Contract
Gas Turbine Efficiency PLC
20 February 2006
Gas Turbine Efficiency plc
GTE awarded two new orders by Pratt & Whitney for gas turbine cleaning systems
New orders take GTE into Asia and European commercial aviation hubs
20 February 2006: Gas Turbine Efficiency plc ('GTE' or 'the Company'), a leading
supplier of advanced high pressure gas turbine cleaning systems, announces that
it has been awarded orders for two complete gas turbine cleaning systems from
Pratt & Whitney's EcoPowerSM on-wing engine wash service (EcoPower). These
new orders were awarded under the 10-year contract extension announced on
3 January 2006. This takes the total of new orders, worth over $1.3 million,
placed by Pratt & Whitney up to four.
Pratt & Whitney plans to deploy EcoPower which utilizes GTE's cleaning systems,
in commercial aviation hubs based in Asia and Europe. Through 2005, the
majority of GTE and EcoPower activity was in the United States.
Steven Zwolinski, CEO of GTE, said: 'We are pleased with the recent contract
extension and subsequent orders from Pratt & Whitney's EcoPower business. The
expanding global footprint of the EcoPower infrastructure is a positive
reflection on the end customer value associated with GTE's technology.'
Enquiries:
Gas Turbine Efficiency plc
Steven Zwolinski, CEO +46 8 546 10 500
Libertas Capital
Aamir Quraishi, Charles Goodfellow +44 20 7569 9650
Corfin Communications
Neil Thapar, Harry Chathli +44 20 7929 8989
Notes to Editor
About GTE
GTE, whose shares are trading on the London Stock Exchange's AIM market,
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 and Houston, Texas,
USA.
The GTE system provides an effective high pressure cleaning solution which, in
the case of the aviation sector provides for a shorter and less costly process
and, in the case of the industrial sector, enables engines to be washed with
water when on-line without requiring the engine to be shut down. The added
benefits of on-line washing provide both fuel efficiency savings as well as
availability improvements, due to the elimination of a portion of the off-line
or shutdown events.
About Pratt & Whitney
Pratt & Whitney, a United Technologies company (NYSE:UTX), is a world leader in
the design, manufacture and service of commercial and military aircraft engines,
space propulsion systems and industrial gas turbines. Commercial air giants
Boeing and Airbus are among Pratt & Whitney's largest commercial engine
customers. Military offerings include engines for the F/A-22, F-15, F-16, C-17,
and Joint Strike Fighter. Pratt & Whitney rocket engines help launch NASA space
shuttles, space probes, and satellites. Pratt & Whitney also makes industrial
gas turbines. United Technologies, based in Hartford, Conn., is a diversified
company providing high technology products and services to the global aerospace
and commercial building industries.
This information is provided by RNS
The company news service from the London Stock Exchange