Vancouver, BC, April 4, 2005-Westport Innovations Inc. today announced that it and a consortium of partners led by Sacre-Davey Innovations Inc., have been awarded approximately $6 million by the Government of Canada to develop and demonstrate hydrogen technology in energy and transportation applications.
This new funding award relates to a previously announced Vancouver-based demonstration of public transit buses fueled with compressed natural gas (CNG) and hydrogen-enriched natural gas known as HCNG. Further details about this project and partners will be disclosed at a later date.
Westport Innovations Inc. is the leading developer of environmental technologies that allow engines to operate on clean-burning fuels such as natural gas, hydrogen, and hydrogen-enriched natural gas (HCNG). Westport has technology development alliances in place with Ford, MAN, BMW, and Isuzu, as well as an ownership interest in Clean Energy, the largest provider of vehicular natural gas in North America. Cummins Westport Inc., Westport's joint venture with Cummins Inc., manufactures and sells the world's widest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses.
Note: This document contains forward-looking statements about Westport's business, operations, technology development or to 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.
Contact:
Westport Innovations Inc.
Barbara Barry
Investor Relations & Communications
(604) 718-2046
invest@westport.com
www.westport.com