Catalytica Energy Systems Reports Fourth Quarter and Fiscal Year End Financial Results.

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Catalytica Energy Systems Reports Fourth Quarter and Fiscal Year End Financial Results.

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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 15, 2001

Catalytica Energy Systems, Inc. (Nasdaq:CESI) today reported financial results for the fourth quarter and year ended December 31, 2000. The results reflect the Company's continued investment in the commercialization of its Xonon(TM) Cool Combustion system and the development of new technologies for essentially pollution-free, reliable power. These results also include non-recurring transaction costs associated with the spin-off of Catalytica Energy Systems from Catalytica, Inc.

Revenues for the quarter grew to $1,598,000, compared with $887,000 in the same perio...

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