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CATALYTICA ENERGY SYSTEMS TO ANNOUNCE SECOND QUARTER FINANCIAL RESULTS ON
THURSDAY, AUGUST 2ND


MOUNTAIN VIEW, Calif. (July 18, 2001) - Catalytica Energy Systems, Inc.
(Nasdaq: CESI) today announced that it will report financial results for the
second quarter ended June 30, 2001 on Thursday, August 2, 2001 at 1:15 p.m.
PST.
Catalytica Energy Systems will host a conference call at 1:45 p.m.
PST the same day. The call will be broadcast live over the Internet and can
be accessed via the Company's website at www.CatalyticaEnergy.com. To hear
a replay of the conference call, an archived version of the webcast will be
available on the website beginning approximately two hours following the
conclusion of the live call, and continuing for a period of one week
following the call.

About Catalytica Energy Systems

Catalytica Energy Systems designs and develops advanced products for more
effective energy production. Its proprietary technologies include the use
of catalysts to create solutions to ease the environmental impact of power
generation. The Company's first product, Xonon* Cool Combustion, is a
breakthrough combustion technology that achieves ultra-low emissions levels
for gas turbine power production. Xonon prevents the formation of
pollution, particularly nitrogen oxides (NOx), a primary contributor to
smog, through a proprietary catalytic combustion process. Additional
technology development efforts include work on fuel processing for fuel
cells, as well as adaptation of Xonon technology to micro-turbines, hybrid
gas turbine fuel cells, and diesel applications. Find Catalytica Energy
Systems on the Worldwide Web at www.CatalyticaEnergy.com.

# # # #

Editor's Note: Xonon and Cool Combustion are registered trademarks of
Catalytica Energy Systems, Inc. Mountain View, CA, USA






Melinda C. Broyles
Catalytica Energy Systems
430 Ferguson Drive
Mountain View, CA 94043
PH: 650-940-6337
FX: 650-960-0127
mbroyles@catalyticaenergy.com

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