VANCOUVER, BC – Westport Innovations Inc. (TSX:WPT / Nasdaq:WPRT), engineering the world’s most advanced natural gas engines and vehicles, announced today the appointment of KPMG LLP ("KPMG") as its auditors, replacing Deloitte LLP (“Deloitte”). Following the Audit Committee’s recommendation, the Company's Board of Directors approved the appointment of KPMG and accepted the resignation of Deloitte. Deloitte resigned as auditors at the Company's request. The Company reports that there have been no reservations in the report of Deloitte for the audit of the most recently completed fiscal period and prior to the appointment of KPMG, there were no reportable events. A reportable event is an occurrence in the relationship between the reporting issuer and the former auditor which may have been a contributing factor in the change.
In accordance with regulatory requirements, the Company intends to file a Notice of Change of Auditor together with a response letter from KPMG, the successor auditors, confirming their agreement with the information provided in the Notice. The Company also expects to file a response letter from Deloitte, the former auditors, confirming their agreement with the information provided in the Notice.
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
to clarify market news regarding its Weichai Westport Inc. joint venture and WWI's 12-liter engine equipped with the HPDI 2.0™ fuel system
Westport Fuel Systems Inc. today announced that its Weichai Westport Inc. joint venture has received certification from the Ministry of Ecology and Environment of China for its 12-liter engine equipped with the HPDI 2.0 fuel system
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