WINNIPEG, Feb. 3, 2012 /CNW/ - (TSX:NFI, TSX:NFI.UN) At the request of
IIROC Market Surveillance, on behalf of the Toronto Stock Exchange, New
Flyer Industries Inc. ("New Flyer") announces that it is holding
discussions with a third party regarding a potential commercial and
strategic relationship. Commercial and legal terms of the relationship
have not yet been agreed to by the parties and discussions are
continuing. There is no assurance that any agreement will be reached
between the parties.
About New Flyer
New Flyer is the leading manufacturer of heavy-duty transit buses in
Canada and the United States. New Flyer is a technology leader,
offering the broadest product line in the industry, including drive
systems powered by clean diesel, LNG, CNG and electric trolley as well
as energy-efficient diesel-electric hybrid vehicles. Further
information is available on New Flyer's web site at www.newflyer.com.
Certain statements in this press release are "forward-looking
statements", which reflect the expectations of management regarding New
Flyer's future growth, results of operations, performance and business
prospects and opportunities. The forward-looking statements are often,
but not always, identified by the use of words such as "believe",
"seek", "anticipate", "plan", "estimate", "project", "expect", "intend"
and statements that an event or result "may", "will", "should", "could"
or "might" occur or be achieved and other similar expressions. These
forward-looking statements reflect management's current expectations
regarding future events and operating performance and speak only as of
the date of this press release. Actual results and events may differ
materially from management expectations as projected in such
forward-looking statements for a variety of reasons, including market
and general economic conditions and economic conditions in the industry
and the other risks and uncertainties discussed in the materials filed
with the Canadian securities regulatory authorities and available on
SEDAR at www.sedar.com. Due to the potential impact of these factors, New Flyer and New Flyer
Industries Canada ULC disclaim any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless required by applicable
SOURCE New Flyer Industries Inc.
For further information:
New Flyer Industries Inc.
Chief Financial Officer