Under the new agreement, GM customers will be able to maintain their OEM powertrain warranties with the PSI alternative-fuel conversions, a considerable value that no other aftermarket provider can offer. PSI will be the point of sale company for the fuel conversion systems including components, such as injectors, tanks, electronics and harnessing. It will be responsible for the validation and EPA / CARB certification for the converted vehicles, as well as warranty, service and aftermarket sales for the conversions."PSI has years of design knowledge and experience working with GM engines and controls. We know we can provide the level of quality GM demands from all of its products," said Winemaster. "We've also invested and developed our own proprietary, certified CNG on-road fuel systems and engine controls, which situates us well for upcoming 2018 certification requirements." Winemaster explained that these requirements will make it much more difficult for other aftermarket alternative-fuel system providers to avoid costly certification investments. The costs, which can run into millions of dollars, may be too prohibitive for many providers to meet. Alternative-fuel conversions are increasingly attractive for a growing number of companies with sustainability goals and commitments, businesses in states with favorable incentives and initiatives related to alternative fuels like California, and for sectors such as utilities, which have already invested in alternative-fuel infrastructure. "We see fleets looking for vertically integrated alternative-fuel engine solutions where solutions can come from one provider. That is what PSI can provide. This puts us in a good position to become a market leader in the industry," said Winemaster. For more information on PSI and its products, visit http://www.psiengines.com. About Power Solutions International, Inc. Power Solutions International, Inc. (PSI or the Company) is a leader in the design, engineer and manufacture of emissions-certified, alternative-fuel power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers in the industrial and on-road markets. The Company's unique in-house design, prototyping, engineering and testing capacities allow PSI to customize clean, high-performance engines that run on a wide variety of fuels, including natural gas, propane, biogas, gasoline and diesel.
PSI develops and delivers complete industrial power systems that are used worldwide in stationary and mobile power generation applications supporting standby, prime, and Co-generation power (CHP) applications; mobile industrial applications that include forklifts, aerial lifts, industrial sweepers, aircraft ground support, arbor, agricultural and construction equipment. In addition, PSI develops and delivers power systems purpose built for the Class 3 through Class 7 medium duty trucks and buses for the North American and Asian markets. For more information on PSI, visit www.psiengines.com.
Contact: Power Solutions International, Inc. Jeremy LessarisVP of Global Marketing & Communications+1 (630) 350-9400 firstname.lastname@example.org Power Solutions International, Inc. Philip Kranz Director of Investor Relations +1 (630) 451-5402 Philip.Kranz@psiengines.com