Wednesday, January 16, 2008

Capstone Announces Appointment of New Chief Financial Officer

CHATSWORTH, Calif.--Capstone Turbine Corporation (www.microturbine.com) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it has promoted Edward Reich from Vice President, Financial Planning and Analysis to Executive Vice President and Chief Financial Officer, effective February 11, 2008. Chuck McBride, Capstone's current Executive Vice President and Chief Financial Officer, is leaving Capstone to join Synthetic Genomics Inc., a privately held company dedicated to developing and commercializing genomic-driven solutions to address global energy and environmental challenges. Mr. McBride will remain with the company through February 11, 2008 to effect a smooth transition. Link. Chart.