Category: Uncategorized
- Published: 29 November -0001
Westport Innovations Signs Development Agreement with Leading European Engine Manufacturer
Westport Innovations Inc. (TSX: WPT), a global leader in alternative fuel, low-emissions transportation technologies, announced today that it has entered into a development agreement with a leading European engine manufacturer on the proprietary High Pressure Direct Injection (HPDI) fuel system operating with natural gas and biogas. Westport and the European engine manufacturer will work together to integrate and test Westport\'s HPDI fuel system on their engine platforms.
\"Energy security, climate change and transport fuel costs are urgent challenges for the global economy,\" said David Demers, CEO at Westport Innovations. \"We are very pleased to be working with one of the world\\\'s leading manufacturers of commercial vehicles and engines to demonstrate the potential benefits of natural gas in this emerging energy future. Natural gas and biogas are domestically available in many countries around the world, offer material environmental benefits compared to operation on petroleum-based fuels, and are typically much cheaper.\"
For competitive reasons, further terms and conditions have not been disclosed.
About Westport Innovations Inc.
Westport Innovations Inc. is a leading global supplier of proprietary solutions that allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Cummins Westport Inc., Westport\'s joint venture with Cummins Inc., manufactures and sells the world\'s broadest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses. BTIC Westport Inc., Westport\'s joint venture with Beijing Tianhai Industry Co. Ltd., manufactures and sells LNG fuel tanks for vehicles.
Note: This document contains forward-looking statements about Westport\'s business, operations, technology development or the environment in which it operates, which are based on Westport\'s estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond Westport\'s control. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Westport disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts: Westport Innovations Inc. Darren Seed Director, Investor Relations (604) 718-2046 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.westport.com
SOURCE: Westport Innovations Inc.
mailto:This email address is being protected from spambots. You need JavaScript enabled to view it. http://www.westport.com