Fuel Systems Solutions' MTM Signs Exclusive Multi-Year Contract With Eni, S.p.A.

MTM, a fully owned subsidiary of Fuel Systems Solutions, Inc.

, through its CUBOGAS brand of compressed natural gas (CNG) compressors and systems for vehicle refueling, announced it has signed a new exclusive multi-year contract with Eni S.p.A., an Italian multinational oil and gas company headquartered in Rome, to supply and maintain new CNG refueling stations to be constructed in Italy. Under the terms of the contract, over the next three years MTM will supply Eni's newly constructed Natural Gas stations with complete "plug&fill" CNG compressors and refueling accessories and will provide station maintenance over the next five years. Massimiliano Fissore, MTM General Manager, commented, "We are proud to be working with Eni, the leading gas distributor in the Italian market. This strategic contract achieves an important goal for MTM given Eni's continued investment in automotive CNG refueling networks across Italy." MTM is a global player offering a comprehensive suite of components and systems for gaseous vehicles, from conversion kits to OEM, DOEM and aftermarkets to road and fleet refueling stations. Mariano Costamagna, Fuel Systems Solutions CEO, stated, "The Italian market continues to enjoy growth in demand for CNG-fueled passenger vehicles, and major global