Cummins Westport Receives Major Engine Order from Beijing.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Cummins Westport Inc. and Westport Innovations Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :WPT WPT World Poker Tour WPT Waypoint WPT Wisconsin Public Television WPT Watson Poker Tour WPT Wonderlic Personnel Test WPT Wavelet Packet Transform WPT Wireless Power Transmission WPT Windfall Profit WPT Wireless Personal Terminal WPT Word Processing Technician ): Cummins Westport Inc. (CWI CWI - Centrum voor Wiskunde en Informatica ) today announced that it has received an order for 450 B-series natural gas engines for transit service in Beijing Public Transport Holdings Ltd. (BPT BPT Bridgeport (Connecticut) BPT Best Practicable Control Technology BPT Best Practicable Control Technology Currently Available BPT BP Prudhoe Bay Royalty Trust (stock symbol) BPT Boston Playwrights' Theatre ) Canadian Prime Minister Paul Martin took part in the announcement during a ceremony at BPT's headquarters. BPT currently operates more than 2,200 CWI engines in its transit fleet, making it one of the cleanest bus fleets in the world. The announced engine order will be delivered in 2005. Ching For the Chinese surname Ching 程, see . For the Chinese dynasty, see . The ching (Thai: ฉิ่ง; sometimes romanized as chhing) are small bowl-shaped finger cymbals of thick and heavy bronze, with a broad rim commonly used in Cambodia and Gettman, CWI's General Manager, Asia said the latest bus order is a significant addition to Beijing's transit fleet. "This commitment represents the single largest order since CWI established a presence in China and is the first major sale of our high performance, low emissions B series engine product in China," said Gettman." As China moves to the lower Euro III environmental standards, we are ready with products that will meet their performance and cost expectations. This order is further evidence of the growth opportunity for natural gas engines in China." International Trade Minister James Peterson, who is leading Canada's trade mission to China with the Prime Minister, was also on hand for the announcement. The trade mission is an opportunity for companies like Vancouver-based Cummins Westport to further explore commercial opportunities in Shanghai, Beijing and Hong Kong. Cummins Westport Inc., a joint venture of Cummins Inc. (NYSE NYSE See: New York Stock Exchange :CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ) and Westport Innovations Inc. (TSX:WPT), manufactures and sells the world's widest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses. Cummins is a global power leader in engines, electrical power generation systems and related technologies. Westport Innovations is the leading developer of technologies that allow engines to operate on clean-burning fuels such as natural gas, hydrogen, and hydrogen-enriched natural gas (HCNG). 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. |
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