Westport and Isuzu amend cooperative agreement

  VANCOUVER, July 25 /CNW/ - Westport Innovations Inc. (TSE:WPT) announced 
today that it has amended a cooperative technology development agreement with 
Isuzu Motors Ltd. of Tokyo, Japan.  
The amendment covers the addition of a strict engine and component 
durability test phase and the beginning of Isuzu's internal review process 
that could lead to discussions on a commercial arrangement between the two 
companies. The agreement now runs until March 2003.  
Westport and Isuzu have been cooperating since December 2000 under a 
Memorandum of Understanding. The two companies are currently testing the 
Westport direct injection natural gas fuel system in a new, advanced Isuzu 
diesel in the four-liter range. Westport is testing one of these engines in 
Vancouver and Isuzu is testing another in Japan.  
The target market for this development is a series of Isuzu urban 
delivery trucks that operate on natural gas but retain all of the torque and 
fuel efficiency of the original diesel version. Isuzu is 49%-owned by General 
Motors Corp. of Detroit and Isuzu's diesel technology plays an important role 
in General Motors' global strategy.  
"Westport's direct injection technology has the potential to create a low 
emissions alternative fuel truck that is not only cleaner but also more 
economical for fleet operators," said Takashi Urata, Isuzu's Executive 
Officer, Powertrain Office. "The early durability data will allow us to assess 
this potential with confidence for markets in Japan and elsewhere."  
  Westport's strategy is to develop natural gas technology for diesel 
engines through key strategic alliances. In addition to Isuzu, Westport has 
strategic alliances with Ford Motor Company of Dearborn, Michigan; and MAN 
Nutzfahrzeuge AG and BMW AG, both of Munich, Germany. Westport has a joint 
venture with Cummins Inc. of Columbus, Indiana.  
  Note: This news release contains forward-looking statements about 
Westport's plans based on the current expectations of management. Westport 
cautions investors that due to risks and uncertainties, actual events may 
differ materially from current expectations.  
  -0-                           07/25/2002  
/For further information: please contact: Alan Bayless, Westport  
Innovations Inc. Director, Communications, Phone (604) 718-2016, fax  
(604) 718-2001, e-mail abayless(at)westport.com/  
(WPT.)  
CO:  Westport Innovations Inc. 
ST:  British Columbia 
IN:  TRN MAC  
SU:  TNM   
  -30-  
-0- Jul/25/2002 13:00 GMT
 
 
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