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Winnipeg, Manitoba, Canada; January 10, 2006;
On December 20, 2005, New Flyer Industries Inc. (TSX:NFI.UN) announced that it had received new bus orders including option conversions from eight transit customers totaling up to US $210 Million. One of the eight customers, the Fairfax County Department of Transportation, Fairfax, VA, was reported in error to have placed orders for thirty-six 40-foot buses. Contracts for the seven remaining customers listed in the December 20, 2005 release are all currently in place and total up to [543] buses representing up to US $198 Million in new contracts, including new orders, option conversions and new options.
Forward-Looking Statements
This press release may contain forward-looking statements relating to expected future events and financial and operating results that involve risks and uncertainties. Actual results 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 the risks and uncertainties detailed in the prospectus filed with the Canadian securities regulatory authorities. Due to the potential impact of these factors, New Flyer disclaims 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 law.
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