Westport Announces Advanced LNG Tank System for Natural Gas Trucks

      Westport Announces Advanced LNG Tank System for Natural Gas Trucks

PR Newswire

VANCOUVER, Nov. 26, 2012

~New System Improves Performance, Extends Range and Reduces Costs, Begins
Shipping by mid-2013 ~

VANCOUVER, Nov. 26, 2012 /PRNewswire/ - Westport Innovations Inc. (TSX:WPT)
(NASDAQ:WPRT), the global leader in natural gas engines, today announced a
unique on-board storage solution that provides best in class performance for
vehicles using liquefied natural gas (LNG). The new Westport™ LNG Tank System,
will be available in 120 and 150 gallon capacities, is optimized for spark
ignited (SI) engines and begins shipping by mid-2013. The Westport LNG Tank
System features proprietary Westport technology and is expected to provide
customers with the ability to fuel even the largest SI engines on a single
tank and deliver extended range.

Key characteristics of the new Westport LNG Tank System:

  *Current industry standard systems require two LNG tanks to operate
    effectively with larger SI engines and require warm (saturated) LNG. The
    Westport LNG Tank System is optimized for trucks running even the largest
    SI engines, reducing the overall fuel system costs and weight dramatically
    with the single-tank option.
  *The 120 gallon or 150 gallon single-tank systems can run for approximately
    350 to 450 miles, respectively, on cold (unsaturated) LNG fuel. Those
    ranges double for dual-tank configurations.
  *Fuel-flexibility with the ability to carry both cold and warm LNG.
  *By carrying fuel as cold LNG, the Westport LNG Tank System can increase
    fuel storage times and improve vehicle range by up to 10 percent.
  *Universal system design allows for any original equipment manufacturer
    (OEM) to integrate.
  *Compared to existing compressed natural gas (CNG) options, a single 150
    gallon Westport LNG Tank System takes the place of three standard CNG
    tanks, lowering fuel storage costs and reducing overall vehicle weight by
    approximately 600 lbs. Additionally, LNG has shorter refuelling times
    compared to CNG.
  *Customers receive a two year / 250,000 mile warranty along with access to
    field service from Westport-trained personnel.
  *Westport Active System Management features proprietary control algorithms
    and connects with standard engine controllers to allow fuel delivery to
    match driving patterns.
  *An advanced driver display that indicates not only the LNG fuel levels,
    but also status and diagnostic information about the tank and integrated
    pumps.
  *Fleets with a combination of SI and Westport™ HPDI trucks can now rely on
    the same LNG refuelling infrastructure due to the system's fuel-flexible
    capabilities.

"Our early production systems tested with the Cummins Westport ISX12 G in a
Peterbilt 384 truck have proven to have excellent performance characteristics
and superior operating results on a single tank," said Steve Anderson,
Westport HD Vice President of Business Development. "We believe this is the
only on-board fuel system for LNG-fueled engines that can operate on a single
tank using range-extending cold LNG."

"Thanks to the flexibility and range of the Westport LNG Tank System, fleet
operators can now use the same cold LNG and technology across their fleet in a
range of vehicle and engine sizes," said Anderson.

About Westport Innovations Inc.
Westport Innovations Inc. is a leading global supplier of proprietary
solutions that allow engines to operate on clean-burning fuels such as
compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and
renewable natural gas (RNG) fuels such as landfill gas and helps reduce
greenhouse gas emissions (GHG). Westport technology offers advanced LNG
fueling systems with direct injection natural gas engine technology for
heavy-duty vehicles such as highway trucks and off-road applications such as
mining and rail. Westport's joint venture with Cummins Inc., Cummins Westport
Inc. designs, engineers and markets spark-ignited natural gas engines for
North American transportation applications such as trucks and buses. Westport
LD division is one of the global leaders for natural gas and liquefied
petroleum gas (LPG) fuel in passenger cars, light-duty trucks and industrial
applications such as forklifts. To learn more about our business, visit our
website or subscribe to our RSS feed at www.westport.com, or follow us on
Twitter @WestportWPRT.

This press release contains forward-looking statements, including statements
regarding the timing for availability of the referenced LNG tanks, driving
ranges and expected tank capacities, the performance and competitiveness of
Westport's products and expansion of product coverage, future market
opportunities as well as Westport management's response to any of the
aforementioned factors. These statements are neither promises nor guarantees,
but involve known and unknown risks and uncertainties and are based on both
the views of management and assumptions that may cause our actual results,
levels of activity, performance or achievements to be materially different
from any future results, levels of activities, performance or achievements
expressed in or implied by these forward looking statements. These risks,
uncertainties and assumptions include risks and assumptions related to the
effectiveness of and our ability to deploy our technology, our revenue growth,
operating results, industry and products, the general economy, conditions of
and access to the capital and debt markets, governmental policies and
regulation, technology innovations, the availability and price of natural gas
and natural gas refuelling infrastructure, global government stimulus
packages, the acceptance of and shift to natural gas vehicles, the relaxation
or waiver of fuel emission standards, the inability of fleets to access
capital or government funding to purchase natural gas vehicles, the
development of competing technologies, as well as other risk factors and
assumptions that may affect our actual results, performance or achievements or
financial position discussed in our most recent Annual Information Form and
other filings with securities regulators. Readers should not place undue
reliance on any such forward-looking statements, which speak only as of the
date they were made. We disclaim any obligation to publicly update or revise
such statements to reflect any change in our expectations or in events,
conditions or circumstances on which any such statements may be based, or that
may affect the likelihood that actual results will differ from those set forth
in these forward looking statements except as required by National Instrument
51-102. The contents of any website, RSS feed or Twitter account referenced in
this press release are not incorporated by reference herein.

SOURCE Westport Innovations Inc.

Contact:

Investor Inquiries:
Darren Seed
Vice President, Investor Relations & Communications
Westport Innovations Inc.
Phone: 604-718-2046
Email:invest@westport.com

Media Enquiries:
Nicole Adams
Director, Communications
Westport Innovations Inc.
Phone: 604-718-2011
Email:media@westport.com
 
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