Jun 29, 2005 - amendments to those reports, are made available free of charge on the Company's Internet website ... Our technology is also used in vehicular applications. ..... A reciprocating engine is similar in design to an internal ...... transfe
To assure proper installation of Capstone microturbine systems, we have instituted a ..... with a heat exchanger (CHP) to create hot water or with a chiller (CCHP). 8 ..... We are continuing to work on product improvements to our C30 and C65 ...... r
sustainable growth potential within our network of 88 distributors and 9 OEM partners. ...... By packaging the C200 microturbine power modules into an International Organization for. Standardization (''ISO'') sized container, ... same emissions level
Jul 21, 2017 - range of 1-for-5 and 1-for-10, as determined in the sole discretion of our Board of ... QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING AND ...... of Financial Planning and Analysis, Interim Chief Accounting Officer and ... technology r
Jul 21, 2017 - to help reduce the cost of printing and mailing documents to you and will reduce the ..... Committee is an âaudit committee financial expert,â as that term is defined by ..... Patent Annuities North America LLC, a company providing
Jun 29, 2005 - Title of Class â Common Stock, par value $.001 per share ... Business . .... reports, are made available free of charge on the Company's Internet website ..... monitor performance, fuel input, power generation and time of operation .
resulted in flat gross margins year over year despite the 13 percent decline in top line revenue. Additionally ... By improving our supply chain and making strategic management adjustments, we have ..... any, every Interactive Data File required to b
Jun 29, 2005 - generationâ, also called âdistributed generationâ such as reciprocating engines, solar power, wind powered systems and fuel cells. For customers who do ..... Many governments have encouraged more efficient use of the power genera
The Capstone MicroTurbine design provides flexibility for use with a variety of .... and vehicle fuel cell markets, including Plug Power, Avista Labs and Ballard ...
continues to define the standard for power generation solutions. MARKET AND GEOGRAPHIC .... Capstone's first project in Oman with two natural-gas-fueled.
Jun 29, 2005 - engineering the applications in which the microturbines will be used ... Capstone's products into their own product solutions. .... that require manual monitoring and maintenance, the microturbine allows end-users to remotely and effic
Jun 13, 2017 - electric utility grid, microturbines provide clean, on site power with fewer scheduled maintenance intervals and greater fuel flexibility than competing ...... centerâlabeled one of the greenest data centers in the world, our C65 Hyb
02 LETTER TO STOCKHOLDERS ... Despite these challenging global and economic market dynamics, we have .... advantages Capstone solutions has over its ..... Indicate by check mark if the registrant is not required to file reports pursuant to ...... cre
for the world's only microturbine-powered Uninterruptible Power Source (UPS) solutions that offer clean, IT-grade power. .... state-of-the-art central utility power plants. ... 6. 7. 8. 9. 10. 1MW Reciprocating Engine. C1000. +$300,000. Significantly
committed to the highest standards of ethical behavior and legal compliance. ... within Capstone that promotes the highest standards of ethics and compliance.
The Company's Insider Trading Policy describes the trading restrictions imposed ... the Insider Trading Policy shall purchase or sell any type of security while in ...
impact of taking 258 cars off the road, based on EPA emissions and efficiency data for the average US power plant and average passenger vehicle. In addition ...
Jun 14, 2012 - Today, we are generating healthy compounded annual growth rates for ...... at a time when the OEM or distributor with whom we form a relationship is not .... agreements with us, copying or reverse engineering our products, ...
Jun 13, 2017 - All control functions are performed digitally. Performance is optimized, resulting in low emissions, high reliability and high efficiency over a ..... purchase all or a portion of their energy from Capstone Energy Finance and eliminate
Jun 13, 2017 - CCHP system can allow for reduced net utility costs for end users as well as improved fuel ..... encouraged collaboration by U.S. small businesses with national lab ..... amount of our eligible inventory and accounts receivable.
Jun 14, 2012 - reliable prime power for. Data Centers. Telecom. Power Rental. Oil, Gas & Other. Natural Resources. Capstone offers low- maintenance onshore and offshore platform solutions ..... process, we also receive a checklist to confirm that the
Jun 13, 2017 - Fiscal 2015, we recorded approximately $7.1 million and $2.6 million with respect to the accounts receivable allowances .... encouraged collaboration by U.S. small businesses with national lab researchers through the Small Business Vou
Jun 13, 2017 - Additionally, we anticipate that Capstone Energy Finance ... go in the next one, we could not be more optimistic. ..... Examples of these fuel sources include methane from facilities such as ...... Total borrowings, letter of credit ob
Jun 14, 2012 - product lifecycle. Not only does our market-leading FPP make the total cost of ownership ... Capstone excels in these areas and continues to ...... Management believes that we can create market advantages for our .... Capstone's custom
CAPSTONE TURBINE CORPORATION COMPLAINT PROCEDURES FOR ACCOUNTING, INTERNAL ACCOUNTING CONTROLS AND AUDITING MATTERS Any Capstone Turbine Corporation (“Capstone”) employee may submit to Capstone a good faith complaint or concern regarding accounting, internal accounting controls and auditing matters (collectively, “Accounting Matters”) without fear of termination or retaliation. Capstone will also receive and process any complaints or concerns regarding Accounting Matters raised by parties outside Capstone. The Audit Committee of Capstone’s Board of Directors (the “Audit Committee”) has adopted the following procedures for (1) the receipt, retention and treatment of complaints regarding Accounting Matters and (2) the confidential, anonymous submission by Capstone employees of concerns regarding questionable Accounting Matters (collectively, “Complaints”). RECEIPT OF COMPLAINTS Employees and Non-Employees may submit Complaints to the Audit Committee through the Corporate Ethics Manager (“Ethics Manager”) or Capstone’s primary outside counsel (“Outside Counsel”). Both will act as the agent of the Audit Committee and forward Complaints to the Audit Committee for appropriate response. All Complaints to the Ethics Manager or to Outside Counsel should include a clear description of the issue as well as the name, address, telephone number and email address of the individual submitting the Complaint (unless the Complaint comes from an employee who wants to remain anonymous). Methods to communicate with the Ethics Manager: By Intranet Form (For Employees Only): Complete the Capstone Ethics Complaint Form on the home page of Capstone’s intranet. When the form is completed, click “send” and it will forward on an anonymous email directly to the Ethics Manager. By email: Send an email to [email protected] This email will not be anonymous. By telephone: Call 818-734-5199. Record a message and it will forward to the Ethics Manager. By mail: Write a letter address to Capstone Audit Committee Complaint, c/o Ethics Manager, 21211 Nordhoff Street, Chatsworth, CA 91311. Methods to communicate with the Outside Counsel: By email:
Jocelyn Arel Goodwin Law 100 Northern Avenue Boston, MA 02210
TREATMENT OF COMPLAINTS The treatment of all Complaints will be subject to the oversight of the Audit Committee. Upon receipt of a Complaint, the Ethics Manager or Outside Counsel, as applicable, will promptly forward such Complaint to the Audit Committee Chair. Unless otherwise instructed by the Audit Committee Chair, the Ethics Manager or Outside Counsel will review the Complaint and determine a recommended course of action, which may include an investigation conducted with the involvement of the Ethics Manager, the Chief Financial Officer, Outside Counsel, and such other persons as the Ethics Manager or Outside Counsel deems appropriate, and will report to the Audit Committee any recommendations. Any investigation resulting from a Complaint will be conducted under the direction of the Ethics Manager or Outside Counsel, subject to the Audit Committee’s oversight, except if, in the judgment of the Audit Committee Chair, the Ethics Manager or Outside Counsel, such investigation should be conducted under the direction of the Audit Committee directly. The Audit Committee Chair will report the Complaint at the Audit Committee’s next meeting (or sooner if the Complaint requires the Committee’s immediate attention) and will also send a copy of the Complaint to the Manager of Internal Audit. At each regularly scheduled meeting of the Audit Committee and at such other times as is warranted, the status of the Company’s response to each Complaint will be reviewed with the Audit Committee. Prompt and appropriate corrective action will be taken in response to all Complaints as warranted in the judgment of management, subject to the oversight of the Audit Committee. Confidentiality will be maintained to the extent reasonably possible throughout the course of all such investigations, consistent with the need to carry out an appropriate and adequate evaluation or investigation of the matters described in a Complaint. Capstone will not terminate, demote, suspend, threaten, harass, or in any manner discriminate or retaliate against any employee in the terms and conditions of employment based upon any lawful actions of such employee with respect to good faith reporting of Complaints, nor take any other action prohibited by Section 806 of the Sarbanes-Oxley Act of 2002. RETENTION OF COMPLAINTS The Ethics Manager will maintain a log of all Complaints. The log will note the receipt, investigation and resolution of each Complaint. Copies of the Complaints will be retained for five (5) years following the termination of the course of action taken in response thereto, and the log for each calendar year will be retained for ten (10) years.