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Re: chilar4567 post# 255

Tuesday, 03/22/2011 5:26:19 PM

Tuesday, March 22, 2011 5:26:19 PM

Post# of 405
Re: conversion of US trucking Industry to NG....

Chilar, as you say, it may happen that events outside the US force conversion of the trucking industry to NG (or liquid propane)... But, if so, I would expect the stock prices of WPRT or CLNE to be more directly affected than those of FSYS.

With respect to the US market, FSYS seems to be focusing upon fleet vehicles consisting of vans rather than the Class 8 trucks used by the trucking industry.... Indeed, they tout the GM van program as “the flagship or the big milestone program” that they’re working on in the US market.

FSYS does, however, view the heavy-duty truck and bus market as a significant revenue opportunity in Asia (per statements in their 2011-03-03 CC).

2010 also marked IMPCO’s success in developing new market opportunities. The heavy-duty truck and bus market in particular emerged as a significant revenue opportunity, making an important contribution to the growth of IMPCO revenues in Asia. With initial success in Thailand with a Class 8 truck program for Hino Motors, IMPCO is pursuing opportunities to leverage its capability into other Asian markets.