Arctic Cat Announces Engine and Co-Brand Agreements with Yamaha Motor Corporation

  Arctic Cat Announces Engine and Co-Brand Agreements with Yamaha Motor
  Corporation

Combines Arctic Cat’s snowmobile chassis and suspension with leading 4-stroke
engines; Gives Arctic Cat customers broader range of snowmobile engine choices

Business Wire

MINNEAPOLIS -- February 20, 2013

Arctic Cat Inc. (NASDAQ: ACAT) announced today that it has entered into an
engine supply agreement with Yamaha Motor Corporation, expanding Arctic Cat’s
purchase of Yamaha snowmobile engines starting in the 2014 model year. Arctic
Cat initially entered into an agreement to purchase Yamaha 123cc 4-stroke
engines for its youth snowmobile in 2009. This agreement has now been expanded
to include select 4-stroke engines from Yamaha.

Arctic Cat’s Snow Division Vice President and General Manager Brad Darling
said, “The engine purchase agreement with Yamaha, combined with the engines
that we plan to manufacture in house, will provide Arctic Cat’s customers with
the most well-rounded engine choices when it comes to technology, reliability
and horsepower.”

Arctic Cat’s Chairman and Chief Executive Officer Claude Jordan stated, “Our
current Arctic Cat snowmobile chassis is renowned for its lightweight, bump
control and precision handling. Combine that with the new performance engine
options from Yamaha, as well as our state-of-the-art engine manufacturing
facility in St. Cloud, Minnesota, and we guarantee there will be exciting
years ahead for Arctic Cat enthusiasts.”

In addition to expanding the engine supply agreement with Yamaha, Arctic Cat
also has expanded a co-branding agreement to build select Yamaha snowmobiles
in Arctic Cat’s Thief River Falls, Minn., factory according to Yamaha’s
specifications. This agreement began in 2012, with Arctic Cat building the
Yamaha SRX 120 youth model snowmobile, and now will include full-size
performance snowmobiles starting with model year 2014. These snowmobiles will
be built to Yamaha specifications using Yamaha 4-stroke engines.

“We are pleased that our relationship with Yamaha continues to grow and with
the opportunities ahead for both companies,” added Jordan. “Going forward, we
believe this relationship will provide tremendous value to Arctic Cat, our
customers, our dealers and our shareholders.”

Arctic Cat Inc. designs, engineers, manufactures and markets all-terrain
vehicles (ATVs), side-by-sides and snowmobiles under the Arctic Cat^® brand
name, as well as related parts, garments and accessories. Its common stock is
traded on the NASDAQ Global Select Market under the ticker symbol “ACAT.” More
information about Arctic Cat and its products is available at
www.arcticcat.com.

Contact:

Arctic Cat Inc.
Timothy C. Delmore, 763-354-1800
Chief Financial Officer
or
Padilla Speer Beardsley Inc.
Shawn Brumbaugh, 612-455-1754
sbrumbaugh@padillaspeer.com
 
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