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To: Goose94 who wrote (23855)	1/5/2017 1:33:01 PM
From: Goose94	Read Replies (1) \| Respond to of 202716

New Flyer Industries (NFI-T) wins contract for up to 73 Xcelsior buses Jan 5, '17 - NR New Flyer Industries the largest transit bus and motor coach manufacturer and parts distributor in North America, announced today that Suffolk County Department of Public Works, located in Yaphank, NY has awarded New Flyer with a contract for up to 73 New Flyer Xcelsior® diesel-electric hybrid buses. The contract includes firm orders for 10 Xcelsior 40-foot diesel-electric hybrid buses and 20 35-foot Xcelsior hybrid buses. In addition, 43 diesel-electric buses in either 35- or 40-foot length may be exercised as options off of this contract over the next 5-years. "This is the very first time we have built our best-in-class Xcelsior bus for Suffolk County," said Paul Smith, New Flyer Vice President of Sales and Marketing. "We look forward to providing our customer with a quality and dependable Xcelsior heavy duty bus model as well as building a long lasting relationship." The 43 option buses remaining in the contract will be included in New Flyer's backlog. These buses are Buy America compliant, with the majority of the build completed at New Flyer's Crookston, Minnesota facility. About The Company The Company is the largest transit bus and motor coach manufacturer and parts distributor in North America with fabrication, manufacturing, distribution and service centers in Canada and the United States and employs approximately 5,000 team members. Through its Canadian and U.S. subsidiaries, New Flyer Industries Canada ULC and New Flyer of America Inc., the Company is North America's heavy-duty transit bus leader and offers the broadest transit bus product line (Xcelsior® and MiDi® models), incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, electric-trolley and now battery-electric. New Flyer actively supports over 42,000 heavy-duty transit buses (New Flyer, NABI and Orion) currently in service. Through its Canadian and U.S. subsidiaries, Motor Coach Industries Limited and Motor Coach Industries, Inc., the Company is North America's leader in motor coaches, offering the MCI J4500,which is the industry's best-selling intercity coach for 11 consecutive years, and the MCI D-Series, the industry`s best-selling coach line in North American motor coach history. MCI is also the exclusive distributor of Setra S417 and S407 in the United States and Canada. MCI actively supports over 28,000 motor coaches currently in service and offers 24-hour roadside assistance 365 days a year. The Company also operates North America's most comprehensive aftermarket parts organization providing support for all types of transit buses and motor coaches. All buses and coaches are supported by an industry-leading comprehensive warranty, service and support network. Further information is available on the Company's websites at www.newflyer.com and www.mcicoach.com.The common shares and convertible unsecured subordinated debentures of the Company are traded on the Toronto Stock Exchange under the symbols NFI and NFI.DB.U, respectively. SOURCE New Flyer Industries Inc. Jon Koffman, Investor Relations, Tel: 204-224-6672