Cummins Receives Nifty Fifty Award.Business Editors COLUMBUS, Ind.--(BUSINESS WIRE)--April 6, 2000 Cummins Engine Co. Inc., (NYSE NYSE See: New York Stock Exchange :CUM) has been honored for introducing one of the 50 most significant new products of 1999 to the commercial trucking industry. The award-winning product, ICON(TM), is an idle control system that saves money by eliminating unnecessary engine idling, reducing maintenance costs and ensuring operator comfort through a sensor A device that measures or detects a real-world condition, such as motion, heat or light and converts the condition into an analog or digital representation. An optical sensor detects the intensity or brightness of light, or the intensity of red, green and blue for color systems. that monitors oil temperature and automatically starts or stops the engine to keep the oil temperature at normal readings. ICON(TM) was chosen from hundreds of new products to receive a "Nifty Fifty Nifty Fifty Institutional investor's 50 most popular stocks. nifty fifty Fifty large growth stocks that tend to be favorite holdings of institutional investors. " award from Heavy Duty Trucking magazine, the nation's leading fleet manager's publication. The award selections were made by a panel of technical editors at the magazine. Heavy Duty Trucking editors have won over 35 awards for journalism excellence. "Our intention is to recognize innovation and design excellence in the trucking industry," explained Andrew Ryder, Heavy Duty Trucking editor. "We're honoring the companies with products which improve truck operating efficiency and help improve the fleet operator's bottom line. In a competitive industry with very tight margins, truck operators are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to reduce their cost of operation." Heavy Duty Trucking is the top source of information for truck fleet managers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Known as "The Business Magazine of Trucking," it is distributed to over 100,000 subscribers monthly and covers truck industry news, regulatory issues, and equipment innovation. It is a key resource for fleet managers who must make decisions about specifying equipment. Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. . The company provides products and services for customers in markets worldwide for engines, power generation and filtration filtration: see sewerage; water supply. Filtration The separation of solid particles from a fluidsolids suspension of which they are a part by passage of most of the fluid through a septum or membrane that retains most of the solids . In 1999, Cummins reported sales of $6.6 billion. Press releases by fax may be requested by calling News on Demand (toll free) at 888-329-2305. Cummins' home page on the Internet can be found at http://www.cummins.com. |
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