Gentex Reports Third Quarter Financial Results

Gentex Corporation (NASDAQ:GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, today reported results for the third quarter and nine months ended September 30, 2009.For the third quarter of 2009, the Company's net sales increased by two percent to $155.7 million compared with $153.1 million in the third quarter of 2008. The gross profit margin increased on a year-over-year basis from 30.5 percent in the third quarter of 2008 to 34.9 percent in the third quarter of 2009, primarily due to purchasing cost reductions, reduced fixed overhead costs, and improved product mix, partially offset by the impact of annual customer price reductions.

The Company's net sales increased by 33 percent on a sequential, quarter-to-quarter basis, from $117.3 million in the second quarter of 2009 to $155.7 million in the third quarter of 2009.

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U.S. Postal Service Tests Azure Dynamics Vehicle

Azure Dynamics Corporation (TSX: AZD) - ("Azure") or (the "Company"), a leading developer of state-of-the-art green technologies that address environmental and cost issues for the commercial transportation industry, today announced that its Balance(TM) Hybrid Electric vehicle is the newest addition to the United States Postal Service fleet (USPS). USPS operates the largest civilian vehicle fleet in the world with over 220,000 vehicles traveling more than 1.2 billion miles a year. USPS consistently looks for opportunities to reduce the environmental impact of its fleet while also lowering operating cost, and is testing the Azure product to advance both efforts.

"USPS is the only federal agency with a dedicated Office of Sustainability," said Scott Harrison, Azure Dynamics CEO. "The organization has demonstrated its strong commitment to sustainability by publicly stating its goal of decreasing petroleum usage by 20% over the next five years while also lessening its environmental impact.

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DRI Corporation Receives Major Orders From Bus Vehicle Manufacturers in India

DRI Corporation (DRI) (NASDAQ: TBUS), a digital communications technology leader in the domestic and international surface transportation and transit security markets, announced today that the Company’s Mobitec Group in Sweden, through its Castmaster Mobitec India Private Limited joint venture in India, has received orders worth a combined total value exceeding $6 million USD from several transit bus vehicle manufacturers in India.

David L. Turney, the Company’s Chairman, President and Chief Executive Officer, said: “The Mobitec® products ordered – the combined total value of which has the potential to increase significantly – will be installed on new bus vehicles in five major metropolitan areas in India. Delivery on the present orders already is underway.

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Spartan Chassis Agrees to Global Resolution of U.S. Government Investigation into Military Contracts

Spartan Chassis announced it has reached an agreement with the U.S. government in connection with an investigation of military contracting in South Carolina. The plea is expected to be finalized at a hearing in U.S. District Court in South Carolina on Monday, Dec. 22, 2008. Spartan Chassis, a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), said it will plead guilty to one charge of making a false statement related to the terms and conditions in a military contract and will pay a total of $6 million in related fines and penalties. The plea, along with a civil settlement with the Department of Justice, will provide for a global resolution to all civil and criminal matters related to the investigation.

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Fuel Systems Solutions Reports Record 2008 Third Quarter Results

Revenue increased to $105.5 million, up 61.8% year-over-year - - Net income was $11.9 million, compared to a loss of $395,000 in third quarter of 2007 - - Increased 2008 revenue guidance to approximately $385 million -

Fuel Systems Solutions, Inc. (Nasdaq:FSYS) reported record results for its third quarter ended September 30, 2008.

Matthew Beale, president, said, "Even with recent energy price volatility, during the third quarter, Fuel Systems Solutions achieved 62 percent revenue growth, compared to the same period last year, driven by strong performance in our OEM and aftermarket transportation markets segments. Over the last year, the rapid and significant increase in demand for our products created critical mass. We scaled our production volumes and demonstrated our strong underlying earnings potential.

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