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Spartan Chassis Presents New Extol Concept Gas Chassis at RVIA Tradeshow

Spartan Chassis Presents New Extol Concept Gas Chassis at RVIA Tradeshow

Chassis Includes New High Output/Performance 8.8 Liter Engine

LOUISVILLE, Ky., Nov. 27, 2012 (GLOBE NEWSWIRE) -- Spartan Chassis, a
subsidiary of Spartan Motors, Inc. (Nasdaq:SPAR), today presented a new Class
A Front Engine Gasoline (FEG) concept chassis to capitalize on the growth of
smaller Class A recreational vehicles (22K to 28K GVWR) and the increasing
demand for gasoline powered engines in the motorized segment. Code named the
Extol, this chassis presented at the RVIA National RV Trade Show in
Louisville, KY offers significant powertrain and chassis performance
improvements which will enable RV OEMs and their dealers to capture additional
sales.

Powered by an 8.8 Liter engine that offers 430 HP and 512 lb.-ft. of torque
(@3400 RPM) the engine offers a sizable performance improvement over current
offerings in the market today. Branded Spartan and developed in cooperation
with Power Solutions International, Inc. ("PSI") (OTCBB:PSIX) a leader in the
design, engineering and manufacture of engines for industrial and off/on-road
markets, the engine is right-sized to the Class A growth opportunity and
offers the performance end-users seek for an improved driving and ownership
experience. 

"Spartan Chassis has been known for decades as a leader in the Class A diesel
market. This Extol concept chassis is an excellent brand extension which
should expand our product portfolio and fill what we perceive as a gap in the
RV chassis market," said Tom Gorman, Chief Operating Officer, Spartan Motors.
"This new chassis development illustrates both our long-term commitment to the
RV business and, more importantly, our interest to continually find new
business growth opportunities for our OEM partners in the RV industry."

The Extol value proposition includes multiple dimensions including:

  *Chassis performance: a superior ride quality achieved through use of
    Spartan's proprietarysuspension and the new Compression Fluid Strut
  *Superior handling: achieved by tuning the chassis to the size, weight
    distribution, and profile of the RV OEM's body 
  *Engine performance: the 8.8-liter gasoline engine provides a durable,
    high-performance big block engine which delivers a 20% improvement in
    power and 15% better fuel-efficiency than previous models
  *Engine durability: the heavy-duty, durable design includes a significantly
    stronger crankcase and a forged and induction hardened crankshaft,
    creating a block that can deliver 1,000 ft-lb of torque

"All of us at PSI are excited about the launch of our newly developed
on-highway market applications with Spartan Chassis, a leader in the specialty
vehicle category," said Jeremy Lessaris, Director of Marketing at PSI.

Spartan has always led the industry with after the sale support:

  *Customer support: superior after the sale service provided by over 585
    authorized Spartan service providers
  *Customer service: the best Roadside Assistance program provided in
    partnership with Good Sam and their network of over 40,000 mobile service
    providers

The Spartan Chassis display at the Kentucky Expo Center is located in booth
#1526. The PSI display is located in booth #248.

About Spartan Chassis, Inc.

Spartan Chassis, Inc. is a world-class leader in the engineering,
manufacturing and marketing of chassis and aftermarket parts for
emergency-response, recreational vehicle (RV), defense and specialty vehicles.
End users recognize and request the Spartan Chassis brand, which consistently
delivers superior performance, exceptional safety ratings and innovations
which distinguish us from the competition. Visit Spartan Chassis at
spartanchassis.com.

About Spartan Motors

Spartan Motors, Inc. designs, engineers and manufactures specialty chassis,
specialty vehicles, truck bodies and aftermarket parts for the recreational
vehicle, emergency response, government services, defense, and delivery and
service markets. The company's brand names - Spartan™, Spartan ERV™ and
Utilimaster® - are known for quality, performance, service and first-to-market
innovation. The company employs approximately 1,700 associates at facilities
in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan
reported sales of $426 million in 2011 and is focused on becoming a global
leader in the design, engineering and manufacture of specialty vehicles and
chassis. Visit Spartan Motors at www.spartanmotors.com.

About PSI

Power Solutions International, Inc. (PSI) is a leader in the design,
engineering and manufacture of emissions-certified alternative-fuel and
conventional power systems. PSI provides integrated turnkey solutions to
leading global original equipment manufacturers in the industrial, off- and
on-road markets. Our unique in-house design, prototyping, engineering and
testing capacities mean we can customize clean, high-performance engines that
run on a wide variety of fuels including natural gas, propane, biogas, diesel,
gasoline, or hybrid systems and meet applicable environmental standards. We
develop and deliver complete .97 to 22-liter power systems to meet our
customers' specific applications and power needs, as well as provide service
parts and support. PSI power systems are used worldwide in power generators,
forklifts, aerial lifts, and industrial sweepers, as well as in oil and gas,
aircraft ground support, agricultural and construction equipment. Visit PSI at
http://psiengines.com/

This release contains several forward-looking statements that are not
historical facts, including statements concerning our business, strategic
position, financial strength, future plans, objectives, and the performance of
our products. These statements can be identified by words such as "believe,"
"expect," "intend," "potential," "future," "may," "will," "should," and
similar expressions regarding future expectations.These forward-looking
statements involve various known and unknown risks, uncertainties, and
assumptionsthat are difficult to predict with regard to timing, extent, and
likelihood.Therefore, actual performance and results may materially differ
from what may be expressed or forecasted in such forward-looking
statements.Factors that could contribute to these differences include
operational and other complications that may arise affecting the
implementation of our plans and business objectives; continued pressures
caused by economic conditions and the pace and extent of the economic
recovery; challenges that may arise in connection with the integration of new
businesses or assets we acquire or the disposition of assets; issues unique to
government contracting, such as competitive bidding processes, qualification
requirements, and delays or changes in funding; disruptions within our dealer
network; changes in our relationships with major customers, suppliers, or
other business partners, including Isuzu; changes in the demand or supply of
products within our markets or raw materials needed to manufacture those
products; and changes in laws and regulations affecting our business.Other
factors that could affect outcomes are set forth in our Annual Report on Form
10-K and other filings we make with the Securities and Exchange Commission
(SEC), which are available at www.sec.gov or our website.All forward-looking
statements in this release are qualified by this paragraph.Investors should
not place undue reliance on forward-looking statements as a prediction of
actual results.We undertake no obligation to publicly update or revise any
forward-looking statements in this release, whether as a result of new
information, future events, or otherwise.

CONTACT: Russell T. Chick
         Corporate Director of Marketing
         Spartan Motors, Inc.
         517.997.3852 or Russell.chick@spartanmotors.com
        
         Jeremy Lessaris, Director of Marketing
         Power Solutions International, Inc.
         jlessaris@psiengines.com