Gas Turbine Efficiency PLC
04 December 2006
4 December 2006
Gas Turbine Efficiency plc
GTE receives $5m contract from Pratt & Whitney
Gas Turbine Efficiency plc ('GTE' or 'the Company'), a leading supplier of
advanced high pressure gas turbine cleaning systems for the aviation and power
generation industries, announces that it has received a $5m contract from Pratt
& Whitney, a United Technologies company.
The contract is for the supply of GTE equipment for Pratt & Whitney's engine
wash services under an exclusive business collaboration agreement between GTE
and Pratt & Whitney. The equipment will be delivered over the next seven months.
Steven Zwolinski, CEO of Gas Turbine Efficiency plc, said: 'We are delighted to
receive this order as Pratt & Whitney expands its on-wing engine wash services
business to deliver compelling cost efficiency and environmental benefits to
aircraft operators worldwide.'
Enquiries:
Gas Turbine Efficiency plc
Steven Zwolinski, CEO +46 8 546 10 528
Libertas Capital
Aamir Quraishi, Charles Goodfellow +44 (0)20 7569 9650
Corfin Communications
Neil Thapar, Harry Chathli +44 (0)20 7929 8989
About GTE
GTE, whose shares are trading on London Stock Exchange's Alternative Investment
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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