Railpower Technologies awarded contract for two additional high performance clean energy genset locomotives from Union Pacific



    TSX Symbol: P

    BROSSARD, QC, Sept. 22 /CNW Telbec/ - Railpower Technologies Corp.
(TSX: P) announced today the sale of two high performance clean energy RP20CD
Eco-Motive locomotives to Union Pacific ("UP"). These EPA Tier II certified,
six-axle, 2000hp Ultra Low Emission locomotives are being ordered immediately
after the delivery of four Railpower six-axle locomotives in service at UP's
Roseville, California yard.
    Known for their industry leading adhesion levels, Railpower's RP20CD
locomotives are the ideal choice for hump service applications which require
high tractive effort levels at low speeds for the classification of rail cars.
With one-for-two or two-for-three replacement ratios in certain operating
conditions, these units out-pull all other conventional, genset, and repower
options in the market today maximizing asset utilization and improving
customers' bottom lines. Demonstrating up to 60% reduction in fuel consumption
and 80% reduction in emissions, these locomotives have proven their ability to
reduce fleet size, associated maintenance and shop congestion.
    "This new order from Union Pacific clearly recognizes our
industry-leading high performance advantage. As our product lines evolve, we
commit to providing customers with the best options in the industry for
reducing costs and emissions and for replacing aging fleets with the highest
performance units available in the market," said Mr. José Mathieu, President
and CEO of Railpower.

    About Railpower

    Railpower Technologies (TSX: P) develops, markets, produces and sells
specialized, patented, environment-friendly technology systems for the
transportation and related industries. Railpower's technologies significantly
reduce fuel usage, operating and maintenance costs and emissions. While
Railpower's origins are in the transportation industry, its technologies have
broad potential and applications in other markets and industries. Railpower is
headquartered in Brossard, Quebec. Its U.S. office is located in Erie,
Pennsylvania. (www.railpower.com)

    Caution regarding forward-looking statements

    Certain statements contained in this release contain forward-looking
statements. When used in this document, the words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions may be used to identify forward-looking statements. Those
statements reflect our current views with respect to future events or
conditions, including prospective results of operations, financial position,
and predictions of future actions, plans or strategies. Certain material
factors and assumptions were applied in drawing our conclusions and making
those forward looking statements. By their nature, those statements reflect
management's current views, beliefs and assumptions and are subject to certain
risks and uncertainties, known and unknown, including, without limitation, the
ability to secure new orders, the ability to retain our employees, product
development or manufacturing delays, the ability of our current manufacturing
suppliers to meet our production demands in terms of quantity, quality and
costs, our ability to reach a satisfactory agreement with another supplier if
necessary or to construct our manufacturing facility on time and within the
forecasted budget, changing environmental regulations, the ability to attract
and retain business partners, the acceptance of our existing and new products,
future levels of government funding, the need to obtain and maintain
proprietary rights over our technology, competition from other technologies or
new competitors, the ability to access the capital required for research,
product development, operations and marketing, the need to generate positive
cash flow in the foreseeable future, potential legal liability related to the
recall of our Green Goat(R) locomotives, changes in energy prices and currency
levels. Many factors could cause our actual results, performance or
achievements to be materially different from any future results, performance
or achievements that may be expressed or implied by these forward-looking
statements. Should one or more of these risks or uncertainties materialize, or
should the assumptions underlying our projections or forward-looking
statements prove incorrect, our actual results may vary materially from those
described in this report as intended, planned, anticipated, believed,
estimated, or expected. Unless otherwise required by law, we do not intend or
do not assume any obligation to update these forward-looking statements
whether as a result of new information, plans, events or otherwise.
    %SEDAR: 00016554EF




For further information:

For further information: Kamila Wirpszo, Vice-President, General Counsel
and Corporate Secretary, Railpower Technologies Corp., (450) 678-5277 ext.518,
Toll Free: 1-866-678-5277, kwirpszo@railpower.com

Organization Profile

RAILPOWER TECHNOLOGIES CORP.

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