Fuel Systems Solutions, Inc. (FSYS)

[Jack_Bolander]

MATERIAL IMPAIRMENTS.

In connection with the pending merger of Fuel Systems Solutions, Inc. (the “Company”) with Westport Innovations Inc., the Company recently concluded that an impairment analysis must be performed to determine whether the Company may be required to record an asset impairment charge. The Company has not yet completed its analysis to determine whether an asset impairment charge would be recorded. If applicable, the estimated amount of any asset impairment charge will be determined by the Company as it finalizes its financial statements for the period ended September 30, 2015.

Accordingly, until the Company determines whether an asset impairment charge would be recorded and, if applicable, the estimated amount of any asset impairment charge, the Company will be unable to file its Quarterly Report on Form 10-Q for the period ended September 30, 2015 (the “Third Quarter 2015 Form 10-Q”). The Company is working in good faith to complete its analysis. The Company expects to file the Third Quarter 2015 Form 10-Q once the impairment analysis is completed which may be beyond the date for filing such Form 10-Q including any extensions.