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Westport Acquires Clean Energy's Natural Gas Vehicle Business, BAF Technologies and ServoTech Engineering, to Expand Ford

      Westport Acquires Clean Energy's Natural Gas Vehicle Business, BAF
 Technologies and ServoTech Engineering, to Expand Ford Product Portfolio and
  Dealership Coverage; Commits $5 Million to Co-Marketing Program with Clean

PR Newswire

VANCOUVER, June 28, 2013

VANCOUVER, June 28, 2013 /PRNewswire/ - Westport Innovations Inc. (TSX:WPT /
NASDAQ:WPRT), the global leader in natural gas engines, today announced that
it has acquired BAF Technologies, Inc. (BAF) and its subsidiary, ServoTech
Engineering, Inc. (ServoTech), subsidiaries of Clean Energy Fuels Corp.
(NASDAQ:CLNE) for $25 million in Westport stock. Westport and Clean Energy
also announced a $5 million joint marketing and sales program.

Westport believes  that  the  amalgamation will  create  the  largest  product 
portfolio and largest market presence in the North American light duty natural
gas vehicle (NGV) space. Specifically, Westport secures its position as Ford's
largest partner under the Qualified  Vehicle Modifier (QVM) program with  over 
10 products and approximately 150 Ford authorized dealerships. The transaction
allows both  Westport and  Clean Energy  to focus  on the  significant  growth 
opportunities as natural gas emerges as a global fuel for transportation.

"We welcome  the  BAF  and  ServoTech teams  to  Westport,"  said  Ian  Scott, 
Executive Vice President of Westport. "BAF has established a strong  portfolio 
of natural  gas vehicle  products and  customers over  the past  decade.  With 
natural gas increasingly seen as a major transportation fuel around the world,
we  believe  the  combination  of  these  new  teams'  market  experience  and 
Westport's technologies, scalable manufacturing processes and quality  control 
systems will help create the type of products needed to deliver an OEM-quality
vehicle experience to our customers."

BAF supports clients with vehicle conversions through the Ford QVM program and
aftermarket  conversion  products,   alternative  fuel  systems,   application 
engineering,  service  and   warranty  support.  ServoTech   offers  a   total 
engineering solution  from initial  concept phase  to prototype  hardware  and 
final prove-out,  including design  and  development of  electronic  products, 
software   development,   automotive    exhaust   simulation   and    testing, 
spark-ignition gasoline and diesel emissions technology, and offers  technical 
training and education in a variety of subject areas.

Currently, Westport exclusively installs the natural gas Westport WiNG™  Power 
System on  the Ford  F-250 through  F-550  series at  its assembly  center  in 
Louisville, KY. This acquisition increases  Westport's product range with  the 
Ford line to include  transit, cargo shuttle and  taxi vehicles and  dedicated 
natural gas vehicles for markets such as California. BAF has been producing  a 
broad list  of natural  gas vehicle  conversions for  more than  a decade  and 
recently  produced  its  20,000^th   compressed  natural  gas  (CNG)   vehicle 
conversion. Westport will continue to  install the Westport WiNG Power  System 
and the increased volume of orders expected through BAF will create  economies 
of scale,  and  the BAF  network  will  allow more  flexibility  in  producing 
speciality configurations.

Transaction highlights include:

  * $25 million payable in shares of Westport's common stock on closing at a
    price of $30.62 based on a 10 day volume weighted average, subject to

BAF & ServoTech highlights:

  * Trailing 12 months revenue of $20.9 million to April 30, 2013
  * Long list of Ford QVM products including but not limited to:

       * Ford Transit Connect (EPA approved, CARB pending)
       * Ford E-250/350 (EPA & CARB approved)
       * Ford E-450/550 (EPA & CARB approved)
       * Ford F-250/350 (EPA & CARB approved)
       * Ford F-450/550/650 (EPA & CARB approved)
       * Ford F-59 (EPA & CARB approved)

  * Unique capabilities, deep industry experience and knowledge
  * As a qualified calibration modifier (QCM), ServoTech has preferential
    access to Ford engine controls. ServoTech also brings a substantial
    technology portfolio around diesel emissions control, diesel dual-fuel
    operation and other alternative fuels capabilities.
  * ServoTech engineering center is in close proximity to Westport's Detroit

"We are extremely pleased with our  original investment in BAF and the  growth 
it has  achieved  over  the  last five  years,"  said  Andrew  J.  Littlefair, 
President and CEO, Clean Energy. "This is a great opportunity for Clean Energy
to sharpen our focus on fuel solutions as the market for NGV's quickly  builds 
momentum. Westport will deliver  great products, and we  at Clean Energy  will 
build the  fuel  infrastructure  to  fuel  the  vehicles.  Our  new  marketing 
partnership expands our long-standing relationship  and alliance as we  worked 
together over the past decade."

Westport Enters New Marketing Agreement with Clean Energy
Westport has  committed $5  million to  a new  co-marketing program  aimed  at 
increasing the natural gas vehicle market, and will allow Westport to  provide 
purchase incentives  for  fleets,  including  fuel  credits,  and  includes  a 
commitment from Clean Energy to purchase Westport products.

Highlights of the new marketing agreement include but are not limited to:

  * $5 million payable in March 2014 as payment for co-marketing activities by
    Clean Energy over the next two years
  * Clean Energy will provide 750,000 GGEs (gasoline gallons equivalents) of
    CNG, to be used by Westport as marketing and "bundling" incentives. Fuel
    is useable anywhere in the Clean Energy network of CNG fueling stations
    until December 2015.
  * Clean Energy will provide support for Westport product sales and marketing
  * Westport and Clean Energy will collaborate on specific customer
    situations, industry activities and joint policy positions
  * Clean Energy will commit to fulfill at least 50% of its light and medium
    duty natural gas commercial vehicle needs from Westport and BAF during the
    term of the marketing agreement

Westport does not expect to change its revenue outlook for 2013 at this time.

About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the largest provider of natural gas
fuel for transportation in North America. We build and operate compressed
natural gas (CNG) and liquefied natural gas (LNG) fueling stations;
manufacture CNG and LNG equipment and technologies for ourselves and other
companies; and develop renewable natural gas (RNG) production facilities. For
more information, visit

About Westport Innovations Inc.
Westport engineers the world's most advanced natural gas engines and vehicles.
More than that, we  are fundamentally changing the  way the world travels  the 
roads, rails and seas.  We work with  original equipment manufacturers  (OEMs) 
worldwide from design  through to  production, creating products  to meet  the 
growing demand for vehicle technology that will reduce both emissions and fuel
costs.  To learn more about our business, visit, subscribe to our
RSS feed, or follow us on Twitter @WestportDotCom.

Note: This  document  contains  forward-looking  statements  about  Westport's 
business, operations, technology  development or the  environment in which  it 
operates, which are based on Westport's estimates, forecasts and  projections. 
These statements  include specifically,  statements  regarding the  volume  of 
orders expected through BAF,  transaction pricing and acquisition  integration 
matters.  These statements are not guarantees of future performance, are based
on  a  number  of  assumptions  and  involve  known  and  unknown  risks   and 
uncertainties that are difficult to predict, or are beyond Westport's  control 
including the development of competing products and technologies, availability
and supply of natural gas, price  and supply of gasoline, timing of  execution 
of agreements  with  distributors and  other  counterparties, and  other  risk 
factors and assumptions  that may  affect our actual  results, performance  or 
achievements. Consequently, readers  should not  place any  undue reliance  on 
such forward-looking statements. In addition, these forward-looking statements
relate to the date on which they are made. Westport disclaims any intention or
obligation to update or  revise any forward-looking  statements, whether as  a 
result of new information,  future events or otherwise  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 

SOURCE Westport Innovations Inc.


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