| CATEGORY: SMALL CAPS NEWS SECTOR: INDUSTRIAL ENGINEERING |
Clean Air Power cheers $356,250 deal |
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Mon 26 Jul 2010
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LONDON (SHARECAST) - Shares in Clean Air Power rallied on news that the dual-fuel combustion technology firm’s Houston facility has received a catalytic converter order from its customer Emissions Solutions Inc. worth $356,250.
It is the second such order from Emissions Solutions, the first was received in April 2010 for $215,000.
Chief executive John Pettitt said: "We are very excited to have developed this significant customer in such a short time. This takes us for the first time into a potentially very significant market supplying the truck and bus industry."
Shares in the group are currently 20% higher at 15 pence.
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