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Walters Power International Powers New Jamaican Resort

Walters Power International Powers New Jamaican Resort

FOR IMMEDIATE RELEASE

OKLAHOMA CITY (Feb. 24, 2009) -- Walters Power International announced today the sale of two NG Solar Saturn T-20 gas turbines that will be used to provide power to a large resort/condominium development under construction in Montego Bay, Jamaica.

WPI Project Manager Deena Smith said the turbines would be part of a combined-cycle power plant for the Palmyra Resort & Spa (www.thepalmyra.com) development. The $1.8-billion, 4/5-star resort is located on approximately 65 acres, which includes nearly one kilometer of beachfront property. The Palmyra Resort & Spa was named 'One of the Top 10 Most Exciting Home Developments in the World' by prestigious Travel + Leisure Magazine (March 2007) and was a 5-star award winner at the 2007 CNBC International Property Awards.

The T-20 units produce approximately 1000kW each. WPI purchased/refurbished the units, originating in Europe, overhauled and packaged in Louisiana, and sold them, along with two Deutz RS1350 units, to Sanctuary Systems Limited in Jamaica.

"The power plant will provide secure power for the entire resort," Smith said. "Walters Power International has earned a reputation around the world for delivering high-quality power equipment and plants with a quick turnaround, which is what this development required, and we delivered on that reputation."

WPI President David Walters traveled to Louisiana in early December to see the completely disassembled units and knew a deadline of less than 30 days, over the holidays, would be a challenge. "He bet me $100 that we could not make the deadline", WPI Project Manager Deena Smith said. "We met the deadline, delivering the units to Sanctuary Systems the first week of January and I made $100!" Smith said.

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