- Published: 11 September 2008
- Written by Editor
Cummins Westport Captures New Market Opportunity in Lima, Peru With Order for Over 200 Natural Gas Bus Engines
Cummins Westport Inc. (CWI) (TSX: WPT)(NASDAQ: WPRT), a leading provider of high-performance, alternative fuel engines for the global market, announced today that it has received an order for over 200 CWI natural gas engines to equip new buses for transit providers in the capital city of Lima, Peru.
"Peru's growing market for natural gas vehicles and substantial indigenous supply of natural gas represents an exciting new market opportunity for our clean burning, low emission engines," said Guan Saw, CWI's President.
According to the International Association for Natural Gas Vehicles and its publication NGV Global, Peru has the fifth largest proven natural gas reserves in South America and over 7,800 natural gas vehicles as of mid-2007.Natural gas vehicles are not new to South American markets. Argentina and Brazil, for example, have significant natural gas reserves and production, existing fuelling infrastructure, and some of the highest natural gas vehicle populations in the world.
About Cummins Westport Inc.
Cummins Westport Inc. manufactures and sells the world's widest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses. CWI is a joint venture of Cummins Inc. (NYSE: CMI), a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems, and Westport Innovations Inc. (TSX: WPT)(NASDAQ: WPRT), a leading developer of technologies that allow engines to operate on clean-burning fuels such as natural gas, hydrogen, and hydrogen-enriched natural gas (HCNG). www.cumminswestport.com.
Note: This document contains forward-looking statements about Cummins Westport's business, operations, technology development or to the environment in which it operates, which are based on Cummins 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 Cummins 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. Cummins 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: Cummins Westport Inc. / 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 Cummins Inc. Mark Land Public Relations Director (317) 610-2456 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.cummins.com
SOURCE: Cummins Westport Inc. and Westport Innovations Inc.
mailto:This email address is being protected from spambots. You need JavaScript enabled to view it. http://www.westport.com mailto:mark.d.land@Cu