Federal-Mogul's Innovative IROX® Bearings Experiencing Significant Market Growth

Since launching IROX® polymer-coated engine bearings in 2010, Federal-Mogul Corporation`s (FDML) Powertrain Segment has established an industry-leading position with this innovative bearing technology. In less than three years, IROX bearings have launched with four of the largest global OEMs on three continents. IROX is an innovative polymer-coated engine bearing that enables reduced fuel consumption and CO2 emissions. It withstands high mechanical loads in efficient, heavily boosted engines and also addresses the lubrication challenges associated with frequent  re-starts found in stop-start engines. In extreme duty applications, the IROX coating can significantly extend bearing life. IROX has enabled engine manufacturers to meet the needs of start-stop applications in downsized engines, and as a result, Federal-Mogul is experiencing significant demand for this new product.

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Zenn Motor Company Comments on Eestor Technology Update

 ZENN Motor Company Inc. (TSX VENTURE:ZNN) ("ZENN" or the "Company") commented today on the announcement by EEStor, Inc. ("EEStor") on January 28, 2013, of preliminary (pre-certification) test results of recently produced single layers of its electrical energy storage units ("EESUs") built in its pilot production facility.

James Kofman, Chairman and Interim Chief Executive Officer of ZENN commented, "These tests represent the most important publicly announced milestone achieved by EEStor to date and we are very pleased to see the progress. For the first time formal testing of the EESU layers has been conducted by an independent testing company and the results are very encouraging." Ian Clifford Founder and Vice Chair of ZENN added, "We congratulate Dick and Tom Weir and the whole team at EEStor.

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CDTi Receives EPA Verification for Purifilter(R) EGR

CARB Verification in Progress

Clean Diesel Technologies, Inc. (CDTI) ("CDTi"), a cleantech emissions control company, is pleased to announce that it has received verification from the Environmental Protection Agency ("EPA") for its Purifilter(R) EGR emission reduction system. The uniquely designed Purifilter(R) EGR, featuring CDTi's proprietary MPC(R) technology, is a passively-regenerating diesel particulate filter that provides exceptional filtration and regeneration efficiency for the removal of particulate matter.

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Curtiss-Wright Announces Definitive Merger Agreement With Williams Controls

Leading Provider of Highly-Engineered Electronic Sensors and Throttle Controls for Vehicles in Industrial and Military Markets to Be Acquired by Innovative Engineering Company

Curtiss-Wright Corporation ( NYSE : CW ) and Williams Controls ( NYSE MKT : WMCO ) jointly announced today that they have entered into a definitive agreement that provides for the merger of Williams Controls with a wholly-owned subsidiary of Curtiss-Wright. Williams Controls is a leading designer and manufacturer of highly-engineered electronic sensors and electronic throttle controls for off-road equipment, heavy trucks, and military vehicles. The acquired business will operate within Curtiss-Wright's Motion Control segment.

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Westport Reports Second Quarter Fiscal 2012

 

~Despite Tough Macroeconomic Conditions, Westport Maintains Outlook for 50% Growth~

Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), the global leader in natural gas engines, today reported financial results for the second quarter ended June 30, 2012 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.

"Key segments of the transport market have begun the inevitable shift from petroleum based fuel to engines powered by cleaner burning, low cost methane (natural gas), and Westport has a substantial presence in each market," said David Demers, CEO of Westport Innovations.

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