2008

June 12, 2008

Westport Innovations Announces Debt Financing Agreement For $15 Million

Financing Supports Growth Opportunities

Westport has signed a financing agreement with a Canadian based independent equity investment firm to help fund Westport’s corporate development activities and other growth opportunities currently being pursued by Westport. Under the terms of the agreement, the investment firm has agreed to purchase $15,000,000 of debenture units.

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June 5, 2008

Westport Receives Largest Non-Port Order to Date For Heavy Duty Fuel Systems

HayDay Farms Orders 20 LNG Trucks With Westport HPDI

HayDay Farms of Blythe, California has ordered 20 heavy duty liquefied natural gas (LNG) trucks featuring Westport’s High Pressure Direct Injection (HPDI) technology.

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June 3, 2008

Westport Reports Fourth Quarter & Fiscal 2008 Financial Results

Engine Shipments up 36% - Strong Growth Anticipated in Heavy Duty Business

Westport reported financial results for the fourth quarter and fiscal year ended March 31, 2008, and provided an update on operations.

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May 29, 2008

Westport Announces Fiscal 2008 Fourth Quarter & Year End Conference Call for Tuesday, June 3, 2008

Westport will disclose its fourth quarter and fiscal year 2008 financial results on Tuesday, June 3, 2008 before market open.

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May 12, 2008

Sterling Trucks Introduces Natural Gas-Powered Vehicle with Cummins Westport Engine

Sterling Trucks of Redford, Michigan has launched a new Sterling® Set-Back 113, its first natural gas vehicle, featuring the Cummins Westport ISL G engine.

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April 11, 2008

San Diego Metropolitan Transit System Orders 250 Cummins Westport ISL G Engines

San Diego Metropolitan Transit System has ordered 250 CWI ISL G engines to be installed in New Flyer, 40-foot, low-floor vehicles.

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March 17, 2008

Westport Sells 50 LNG Port Trucks to Southern Counties Express

Initial Order From Leading Port Trucker to Improve Air Quality in Los Angeles Basin

Southern Counties Express, Inc. has placed an initial order for 50 Kenworth LNG T800 Class 8 trucks, representing a value of approximately US$4 million for Westport’s LNG heavy-duty engines and fuel systems.

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February 13, 2008

Westport awarded US$2.25 million to support development of next generation heavy-duty LNG fuel system

Westport has been awarded US$2.25 million in funding from the South Coast Air Quality Management District (SCAQMD), the California Energy Commission (CEC) and the Ports of Los Angeles and Long Beach to support the development, demonstration, commercialization and certification of Westport’s heavy-duty LNG fuel system.

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February 12, 2008

Westport Reports Third Quarter Fiscal 2008 Financial Results

Quarterly Revenues Increase 34% in US Dollars

Westport reported financial results for the third quarter of Fiscal Year 2008 ended December 31, 2007 (Q3 FY2008), and provided an update on operations.

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February 8, 2008

Westport receives Australian Certification of 2008 LNG Engine

Over 100,000 kms achieved in demonstration fleet

The Australian Department of Infrastructure, Transport, Regional Development and Local Government has certified Westport’s High Pressure Direct Injection (HPDI) liquefied natural gas (LNG) fuel system adapted to the 2008 Cummins ISX heavy-duty engine to the 2008 Australian Design Rules (ADR 80/02 and ADR 30/01).

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News Releases

November 7

Westport Fuel Systems Reports Third Quarter 2019 Financial Results

Net income from continuing operations of $4.9 million and Adjusted EBITDA of $9.4 million due to revenue growth and operating cost reductions

October 24

Westport Fuel Systems to Announce Third Quarter Results on Thursday, November 7, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2019 on Thursday, November 7, 2019 after market close.

September 27

Westport Fuel Systems Announces Settlement with the U.S. Securities and Exchange Commission

Westport Fuel Systems today announced that it has reached a settlement fully resolving the SEC’s investigation.

August 30

Westport Fuel Systems to Present at the 8th Annual Gateway Conference on September 5, 2019

Westport Fuel Systems today announced they have been invited to present at the 8th Annual Gateway Conference, which is being held September 4-5, 2019 at the Four Seasons Hotel in San Francisco, California

August 22

Westport Fuel Systems Announces New Chief Financial Officer

Westport Fuel Systems Appoints Richard Orazietti as Chief Financial Officer

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