Market Overview

Photo Release -- PSI Showcases the New .97L Turbo Engine at 2012 GIE Expo


WOOD DALE, Ill., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (PSI) (OTCBB:PSIX) showcased the new .97-liter turbo engine at the 2012 Green Industry and Equipment (GIE) Expo. The 2012 GIE Expo is the largest trade show for outdoor power, lawn and garden, light construction and landscape equipment in the U.S. The expo takes place October 24–26 at the Kentucky Exposition Center in Louisville, Kentucky.

Turbo Engine Left
New .97-liter turbo engine

Turbo Engine Right
New .97-liter turbo engine

Photos accompanying this release are available at

PSI's .97-liter is designed for the commercial lawn and garden, power generation and industrial markets. It was launched at the 2012 Golf Industry Show as the engine powering John Deere's Gator Utility Vehicles. The all-new .97-liter turbo is a 4-cylinder, electronic fuel-injected gas engine that produces nearly 25% more power and torque, achieving 37 horsepower and 62 foot pounds of torque at 3,000 rpm.

"Both our .97-liter natural and turbo solutions provide OEMs with a cost effective, emission certified alternative to diesel without sacrificing power density or performance," said Jeremy Lessaris, Director of Marketing for PSI.

The commercial lawn and garden market, as well as many industrial segments, are now required to address Tier 4 diesel emission compliance regulations. As a result, OEMs now face both unstable fuel prices and compliance obstacles, including significant cost increases, complex exhaust aftertreatment systems and larger packaging requirements. In response, many companies have sought diesel alternatives, only to find that they must compromise on power, performance and durability.

PSI's .97-liter turbo provides diesel-level power and performance with low emissions and reduced noise, harshness and vibration (NHV) characteristics, eliminating the cost and complexity of Tier 4 emission compliance and the compromises of air-cooled alternatives. Like PSI's entire engine portfolio, the .97-liter engine can be equipped to run on gasoline, natural gas, liquid propane and dual fuels. The lightweight, compact power unit features a closed-loop port-injected EFI and a cross-flow cylinder head that optimizes gasoline fuel combustion for maximum performance while minimizing exhaust emissions. The new liquid-cooled engine also features pistons constructed with a high silicon content, sintered powder-metal exhaust valve seat inserts and a poly V-belt harmonic balancer, all of which add to the product's overall durability and dramatically reduce NHV.

In addition to excellent NHV characteristics, the automotive grade, 4-cylinder .97L engine also offers a cleaner emissions profile. The unit is EPA certified by PSI, which acts as the manufacturer of record (MOR). As the MOR, PSI takes all emission certification responsibility for the engine as well as engineering and applications support.

"Filling the gap between low cost, air cooled engines and costly Tier 4 diesel engines with an emission certified package shows PSI's continued commitment to being a customer focused, cleantech innovator," said Lessaris. "Our .97-liter engine can be customized to meet the compliance and performance needs for a variety of applications."

In addition to the fuel system, the engine can also be customized with a series of options, including: a cooling system, muffler, electronics, air cleaner, power take-offs, mounting kits, hydraulic pumps, adapters, engine control system and PSI's proprietary telematics system, MasterTrak.

Applications that can benefit from PSI's .97-liter engine include: aerial work platforms, booms and scissor lifts, generator sets, turf care and utility vehicles, compact skid-steer loaders, sweeper/scrubbers, pumps and other industrial and commercial markets.

PSI will showcase the new .97-liter turbo engine at booth number 5005 at the GIE Expo at the Kentucky Exposition Center on October 24–26.

About PSI

Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers in the industrial, off- and on-road markets. The company's unique in-house design, prototyping, engineering and testing capacities allows PSI to customize clean, high-performance engines that run on a wide variety of fuels including natural gas, propane, biogas, diesel, gasoline, or hybrid systems.

PSI develops and delivers complete .97 to 22 liter power systems, including the new 8.8-liter engine aimed at the industrial and on-highway markets including; medium duty fleets, delivery trucks, school buses and garbage/refuge trucks. PSI power systems are currently used worldwide in power generators, forklifts, aerial lifts, and industrial sweepers, as well as in oil and gas, aircraft ground support, agricultural and construction equipment.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements reflect our expectations and projections about our future results, performance, prospects, customers, and opportunities. These statements can be identified by the fact that they do not relate strictly to historical or current facts. We have tried to identify forward-looking statements by using words such as "open doors", "future opportunities", "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "project," "potential," "should," "will," "will be," "would" and similar expressions, but this is not an exclusive way of identifying such statements. Our actual results, performance, and achievements with NMHG and other customers may differ materially from those expressed in, or implied by, the forward-looking statements contained in this press release as a result of various risks, uncertainties and other factors. Forward-looking statements speak only as of the date of this press release. Except as expressly required under federal securities laws and the rules and regulations of the SEC, we do not undertake any obligation to update any forward-looking statements to reflect events or circumstances arising after the date of this press release, whether as a result of new information or future events or otherwise. You should not place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by us, or on our behalf. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. For further information regarding risks and uncertainties associated with PSI's business, please refer to the "Risk Factors" sections of PSI's SEC filings, including, but not limited to its annual reports on Form 10-K, quarterly reports on Form 10-Q, and its SEC Registration Form S-1, copies of which may be obtained by contacting PSI's Investor Relations at 630-350-9400 or by written request at Power Solutions International, Inc. 655 Wheat Lane, Wood Dale, IL 60191.  

The photos are also available via AP PhotoExpress.

CONTACT: For more information contact: Jeremy Lessaris, Director of Marketing
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