VANCOUVER, March 27, 2017 /CNW/ -Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF): ("Grande West" or the "Company"), a Canadian bus manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, is pleased to announce an order from the Metropolitan Atlanta Rapid Transit Authority ("MARTA").
Grande West's exclusive US distributor Alliance Bus Group ("ABG") will deliver to MARTA ten (10) Vicinity buses for operation in their transit system.
"We are committed to creating more efficient transportation options for our customers. That means building a more highly layered, customized service model," said MARTA GM/CEO Keith Parker. ''These new Vicinity vehicles allow our bus operators to travel safely into neighborhoods where our standard fleet could not easily navigate while offering more space than our current Mobility bus options."
William Trainer, CEO of Grande West stated, "Providing Vicinity to a US transit authority is another major milestone for Grande West as it demonstrates the broad North American appeal of our game changing mid-size bus. We are very pleased to be providing Vicinity to MARTA, a very well recognized and admired transit authority."
Doug Dunn, CEO of ABG stated, "This sale marks a significant achievement for Grande West and Alliance Bus Group. Since we established this partnership, the two companies have been working closely to promote the value of Vicinity to both private and public transportation companies. Given the large amount of bid activities we are currently engaged in, we are confident that many more Vicinity orders will follow."
For over a quarter of a century, MARTA has moved over 3.5 billion people throughout Atlanta and the surrounding cities. We have been a staple to the community and a great economic driver for the city. Today, we are one of the top 10 transportation agencies in the United States and we are striving to be bigger and better. While our opportunities for growth are eminent, our commitment to our customers and our communities in which we operate is even greater.
About Grande West Transportation Group
Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Best-in-Class Vicinity bus is available in 27.5, 30 and 35 foot models powered by clean diesel or CNG designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West is Buy America certified and along with ABG, its exclusive US distributor, is actively pursuing opportunities to sell Vicinity into public and private transit fleet operations.
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Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE Grande West Transportation Group Inc.
For further information: MARTA, Erik Burton, Ph: 404-848-3982, [email protected], http://www.itsmarta.com/; Grande West Transportation, John LaGourgue, Ph: 604-607-4000, [email protected], www.grandewest.com; Paradox Public Relations, Karl Mansour, Ph: 866-460-0408, [email protected], www.paradox-pr.ca