Mr. David Demers reports

VOLVO TRUCKS UNVEILS 13 LITER NATURAL GAS ENGINE FOR NORTH AMERICAN MARKET WITH WESTPORT HPDI TECHNOLOGY

Volvo Trucks today unveiled its plans to launch a 13-litre heavy-duty natural gas engine featuring Westport Innovations Inc.'s high-pressure direct-injection (HPDI) technology. The product is scheduled to launch for the North American market in 2014.

"The partnership with the Volvo Group is an important product development program, and will help meet the increasing demand for natural gas engines and vehicles in the heavy-duty market," said David Demers, chief executive officer of Westport Innovations.

As previously disclosed in a press release dated Feb. 27, 2012, under the terms of the agreement, each partner will contribute significant resources and pay for its own people and costs of the program. Westport will lead the program. When the product is launched, Westport will supply its HD system components for an agreed-upon amount per engine, comparable with other such arrangements previously announced.