FUEL SYSTEMS SOLUTIONS INC
			Symbol			FSYS

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Fuel Systems Solutions Reports Third Quarter 2009 Results

2009-11-05 07:05 ET - News Release

        - Revenue increased to $116.2 million, up 10% year-over-year -
          - Improves gross margins 260 basis points vs. prior year -
                 - Achieves 47,000 DOEM systems installations -
                       - Increases 2009 annual guidance -

NEW YORK, Nov. 5, 2009 (GLOBE NEWSWIRE) -- Fuel Systems Solutions, Inc. (Nasdaq:FSYS) reported results for its third quarter ended September 30, 2009.

Mariano Costamagna, Fuel Systems' CEO, said, "During the quarter, we made great strides advancing Fuel Systems' leadership position in the alternative fuel systems markets. Our acquisitions complement Fuel Systems' existing global businesses and the integrations are proceeding smoothly. Throughout the year, we increased our delayed original equipment manufacturer (DOEM) capacity by adding more lines within facilities to capture automotive demand. During the third quarter, we reached a record 47,000 systems installations. We believe the demand from Europe will continue, and we are on track to exceed 170,000 installations in 2009."

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