Major Order for Genesis-EDGE Dual-FuelTM Product
Clean Air Power (AIM: CAP), the developer and global leader in Dual-Fuel engine management systems for heavy duty vehicles, is pleased to announce that it has received an order for 19 Genesis-EDGE, Dual-FuelTM trucks from a major distribution company in the UK. The order has a value to Clean Air Power of around £0.5 million.
The trucks will be fitted with Clean Air Power’s Genesis-EDGE system at its facility in Leyland, UK and delivered during Q1 2014. The customer already operates more than 100 Clean Air Power Dual-Fuel vehicles in its UK distribution fleet and this repeat order demonstrates their continuing satisfaction with Clean Air Power’s products.
John Pettitt, Chief Executive of Clean Air Power said:
“This is a significant follow-on order for our Genesis-EDGE product from this customer and adds to 28 Dual-Fuel systems that we have already delivered so far this year following orders placed in 2013. The strong demand for our products is being driven by the expansion of Europe’s natural gas refuelling network and the increased supply of vehicles available to retrofit as a result of the high level of late Euro 5 vehicle purchases made at the end of 2013. With further European orders expected imminently and the launch of new products in the US and Russia coming later this year I am confident that the Company is on-course to meet market expectation in 2014.”
