CHATSWORTH, Calif., Nov. 04, 2016 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation ( www.capstoneturbine.com ) (Nasdaq: CPST ), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it has successfully certified to the new ISO 9001:2015 and ISO 14001:2015 standards.
Last year, Darren Jamison, Capstone’s President and Chief Executive Officer, made the strategic decision to upgrade its certified ISO 9001:2008 Quality and ISO 14001:2004 Environmental Management System to the latest ISO 2015 standards despite a plan to aggressively cut total business expenses by 35%. Certified organizations such as Capstone were allowed three years to complete the transformation to the new standards. However, because the revisions to ISO 9001:2015 and ISO 14001:2015 were closely aligned with Capstone’s overall strategic direction, the decision was made to complete the transition immediately.
“The Capstone quality team spent the last year providing organizational guidance in relation to the certification requirements. Additionally, after a week of going through our quality and environmental management systems, our third party auditors from DQS UL Management Systems Solutions concluded that Capstone’s management systems met all of the updated requirements and certified our organization to the new ISO 9001:2015 and ISO 14001:2015 standards,” said Mr. Jamison.
Major changes to the ISO standards include an increased focus on continuous improvement, which helps ensure a more integrated global focus on improvement initiatives with a specific focus on improving the Capstone distributor partnership and end-user customer satisfaction. Leadership and management commitment are also new areas of increased focus in the new ISO standards. Increasing Capstone’s focus in these areas will help ensure accountability at all levels of the organization and facilitate the transition of top-level goals into tactical level action plans.
“Risk management and data-driven decision-making have long been a part of Capstone’s philosophy, and these progressive philosophies were also incorporated into the latest ISO standards. These philosophies, which are already part of Capstone’s daily culture, assist in the identification, managing, monitoring and reduction of overall business risks. Finally, an increased focus on performance measurement and organizational behavior will help to create value for our customers and employees,” added Mr. Jamison.
Capstone Turbine Corporation is proud to be one of the first technology firms in the United States to achieve certification to the new 2015 standards.
About Capstone Turbine Corporation
Capstone Turbine Corporation ( www.capstoneturbine.com ) (Nasdaq: CPST ) is the world's leading producer of low-emission microturbine systems and was the first to market commercially viable microturbine energy products. Capstone has shipped approximately 8,800 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A DQS UL Management Systems Solutions -Certified ISO 9001:2015 and ISO 14001:2015 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the United States, Latin America, Europe, Middle East, China and Singapore.
This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the advantages of the ISO 9001:2015 and ISO 14001:2015 certification including its application to distributor partnership and end-user satisfaction. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
"Capstone" and "Capstone Microturbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
CONTACT: Capstone Turbine Corporation Investor and investment media inquiries: 818-407-3628 ir@capstoneturbine.com INVESTORS: Dian Griesel Int’l Cheryl Schneider 212-825-3210
