To: Gemini who wrote (178 ) 6/17/1999 7:58:00 PM From: dvid Read Replies (1) | Respond to of 210
Attention Business Editors: Westport Innovations Inc. announces conditional listing on Toronto Stock Exchange VANCOUVER, June 17 /CNW/ - WESTPORT INNOVATIONS INC. WPT: ASE WESTPORT INNOVATIONS INC. is pleased to announce that The Toronto Stock Exchange has conditionally approved the listing of the common shares of the Company. Listing of the common shares is subject to the Company obtaining a receipt for the final prospectus (as announced on May 12, 1999) and fulfilling all of the requirements of The Toronto Stock Exchange on or before Wednesday, September 15, 1999. Westport's stock symbol will remain ''WPT'' for trading on The Toronto Stock Exchange. Westport is commercializing patented HPDI combustion technology that allows diesel engines to operate on cleaner-burning gaseous fuels, such as natural gas, without sacrificing performance or fuel economy. HPDI enables diesel engines to meet emission targets for nitrogen oxides (NOx) and particulate matter (PM) set in the U.S. and Europe. The technology also significantly reduces carbon dioxide (CO2) emissions, compared to current gasoline or diesel engines, to meet proposed global warming initiatives. Westport intends to deliver HPDI technology for a wide variety of engine applications in partnership with leading diesel engine manufacturers around the world. In September 1998, Westport announced its first such alliance with Cummins Engine Company Inc., the world's largest producer of diesel engines over 200 horsepower. On June 10, 1999 Westport also announced a development project with Ford Motor Company. Further details can be found on the company's website at www.westport.com. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. -0- 06/17/1999 For further information: Investor Information - Sarah Greenwood, Corporate Communications Manager, Westport (604) 718-2016, fax (604) 718-2001; Media Information - Charlie Ker, Marketing Communications Manager, Westport (604) 718-2013, fax (604) 718-2001