Fuel Systems Offers Bi-Fuel CNG Chevrolet Cruze Sedan

Fuel Systems Offers Bi-Fuel CNG Chevrolet Cruze Sedan

First EPA Certification for a Model Year 2014 Bi-Fuel Passenger Sedan

NEW YORK, Aug. 23, 2013 (GLOBE NEWSWIRE) -- IMPCO Automotive, a subsidiary of
Fuel Systems Solutions, Inc. (Nasdaq:FSYS) announced the development and
availability of its bi-fuel CNG fuel system for the Model Year (MY) 2014
Chevrolet Cruze 1.4L sedan. These complete fuel systems are currently the only
EPA Certified Bi-Fuel CNG systems for MY2014 sedans in the U.S. market. The
systems will be available throughout Fuel System's IMPCO Automotive nationwide
certified installation network beginning September 2013.

Mariano Costamagna, Fuel Systems' CEO, said, "We are thrilled to obtain the
first EPA certification for a MY2014 bi-fuel sedan that provides both fleets
and consumers an option when considering gaseous fueled transportation. The
after-market kits we have developed for the MY2014 Chevrolet Cruze offer a
robust solution that eliminates 'range anxiety' by including an 8.4 Gasoline
Gallon Equivalent (GGE) tank as standard equipment. Our US DOEM programs are
experiencing growing demand for bi-fuel pickup truck and van solutions for the
fleet market, and our expansion into passenger vehicles is strategically
important to our growth plans in the U.S. The availability of the MY2014
Chevrolet Cruze will help meet the increasing interest of U.S. fleets and
consumers for bi-fuel passenger vehicles."

The IMPCO Automotive powered Chevrolet Cruze includes a trunk mounted Type 3
tank providing over 200 miles of additional range while allowing for nearly 7
cubic feet of available storage space. The entire gaseous fuel system adheres
to IMPCO Automotive's strict quality, durability, and safety testing
requirements to ensure a superior product. IMPCO Automotive plans to pursue
development and compliance for this bi-fuel CNG system through MY2016.

Forward-Looking Statements

This press release contains certain forward-looking statements that involve
risks and uncertainties, including, without limitation, expressed or implied
statements concerning the Company's outlook for 2013, as well as its position
in the market place, the success of its products and its effective tax rate
for the year. Such statements represent only our opinions and predictions. The
Company's actual results may differ materially. Factors that may cause the
Company's results to differ include, but are not limited to a further slowing
of economic activity, our ability to reduce our cost structure and expenses as
anticipated; the unpredictable nature of the developing alternative fuel US
automotive market; customer dissatisfaction with the Company's products or
services; the inability of the Company to deliver its products on schedule;
the availability of gaseous fueling infrastructure in our markets globally;
the price differential between alternative gaseous fuels and gasoline;
unanticipated economic uncertainties caused by political instability in
certain of the local markets we do business in; the growth of non-gaseous
alternative fuel products and other new technologies; currency rate
fluctuations and devaluations; our ability to promptly realign costs with
current market conditions; unanticipated litigations; differences in the tax
policies of each country from which the Company derives income that would
impact our effective tax rate; potential changes in tax policies and
government incentives and their effect on the economic benefits of our
products to consumers; the continued weakness in financial and credit markets
and the economy; and the repeal or implementation of government regulations
relating to reducing vehicle emissions. Readers also should consider the risk
factors set forth in the Company's reports filed with the Securities and
Exchange Commission, including, but not limited to, those contained in the
"Risk Factors" section of the Company's Annual Report on Form 10-K, for the
year ended December 31, 2012. The Company does not undertake to update or
revise any of its forward-looking statements.

About Fuel Systems Solutions

Fuel Systems Solutions (Nasdaq:FSYS) is a leading designer, manufacturer and
supplier of proven, cost-effective alternative fuel components and systems for
use in transportation and industrial applications. Fuel Systems' components
and systems control the pressure and flow of gaseous alternative fuels, such
as propane and natural gas, used in internal combustion engines. These
components and systems feature the Company's advanced fuel system
technologies, which improve efficiency, enhance power output and reduce
emissions by electronically sensing and regulating the proper proportion of
fuel and air required by the internal combustion engine. In addition to the
components and systems, the Company provides engineering and systems
integration services to address unique customer requirements for performance,
durability and configuration. Additional information is available at

Company Contact:
Pietro Bersani, Chief Financial Officer Fuel Systems Solutions, Inc.
(646) 502-7170

Investor Relations Contacts:
Carolyn M. Capaccio
Cathy Mattison
cmattison@lhai.com (415) 433-3777

company logo
Press spacebar to pause and continue. Press esc to stop.