/

2010916

During the course of this presentation, we may make projections or other forward-looking statements regarding future events or financial performance of the Company within the meaning of the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, including:
future financial performance and attaining profitability;
the ability to reduce costs and improve inventory turns and contribution margins;
higher average selling prices;
continued growth in current market conditions;
the availability of a line of credit;
the success of the C200 and C1000 products;
new products and technologies
compliance with certain government regulations and increased government awareness and funding of our products;
growing market share and market adoption of our products;
new applications for our products;
growth in the oil and gas, office building, biogas, UPS and hybrid electric vehicle markets;
the successful integration of the Calnetix Power Solutions microturbine business;
revenue growth and increased sales volume;
our success in key markets;
our ability to enter into new relationships with channel partners and distributors and other third parties and the successful implementation of those relationships;
the energy efficiency, reliability and low cost of ownership of our products; and
the expansion of production capacity and manufacturing efficiency.
These forward-looking statements are subject to numerous assumptions, risks and uncertainties which may cause Capstone's actual results to be materially different from future results predicted or implied in such
statements, including:
our expectations about expansion into key markets may not be realized;
certain strategic business initiatives and relationships may not be sustained and may not lead to increased sales;
we may not be able to reduce our manufacturing costs;
the growth in our backlog has significantly exceeded our internal forecast. In order to meet this increased demand, we may need to raise additional funds to meet our anticipated cash needs for working capital
and capital expenditures;
the current economy could make it difficult or impossible for us to raise necessary funds and for our customers to buy our products;
we may not be able to utilize our line of credit for example, as a result of a failure to meet a financial covenant;
we may not be able to expand production capacity to meet demand for our products;
we may not be able to obtain sufficient materials at reasonable prices;
our release of new products may be delayed or new products may not perform as we expect;
we may be unable to increase our sales and sustain or increase our profitability in the future;
we may not be able to obtain or maintain customer, distributor and other relationships that are expected to result in an increase in volume and revenue;
we may not be able to comply with all applicable government regulations;
we may not be able to retain or develop distributors in our targeted markets, in which case our sales would not increase as expected;
we may not be able to successfully integrate the acquired Calnetix assets and achieve productive relationships with its distributors and
if we do not effectively implement our sales, marketing, service and product enhancement plans, our sales will not grow and therefore we may not generate the net revenue we anticipate.
We refer you to the Company's Form 10-Q, Form 10-K and other recent filings with the Securities and Exchange Commission for a description of these and other risk factors. Because of the risks and uncertainties,
Capstone cautions you not to place undue reliance on these statements, which speak only as of today. We undertake no obligation and specifically disclaim any obligation to release any update or revise any
forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events.

2/3

Sources: IEA/OECD, 2008


(DG)
:



1
1.3

(CHP)





 = ,
Capstone
120 kWth
65 kWe 120 kWth
150 kW 30 kW
waste
fuel 80% av.
230 kW

fuel

345 kW 65 kWe 160 kW

fuel waste
40 kW
waste
33% av.
130 kW
195 kW
waste
fuel

54% 85%
3.4 lb/MWh NOx & 2,320 lb/MWh CO2 0.15 lb/MWh NOx & 1,540 lb/MWh CO2
Source: EPA and DOE, see notes page for specific references


,,EMC
Capstone
/5000 Cooling fins
22,000,000 Exhaust output

Recuperator
C30 30kW
C65 65kW Fuel injector
Air intake
TA100 100kW (Acquired Feb 2010)
C200 200kW (Shipped August 2008) Combustion
chamber
C1000 Series (Shipped January 2009)

Generator

Compressor

Air bearings
Turbine

Copyright 2010 Capstone Turbine Corp



(IEA)

:
80GW 18% (2,600 )
= 30MW

, (20-50% )


140,000GW
33,000GW (19%)
CO2 by 33%
6000

/ CO2 in
GW GW
15,410 2,473 28.1 45.7 73,108,000,000

19,962 4,792 22.9 41.8 128,315,000,000

21,494 3,296 19.6 34.4 62,855,000,000
49,103 11,044 19.5 33.8 134,888,000,000
37,696 11,310 15.2 27.4 198,378,000,000
143,665 32,915 19% 33% 597,544,000,000


.

.

.

/

.
65260
.
.
2009

672kW
.
100
.

/

863

32001


2009

:
()
Pipeline Compressor Vent

LNG

//
3000 2500/7%

9 ppm.
0.016 $/kWh6 /




.
.
: