OSHKOSH, Wis.--(BUSINESS WIRE)--Nov. 14, 2006--Oshkosh Truck
Corporation (NYSE:OSK) announced today that the company is presenting
its proprietary ProPulse(R) hybrid drive technology in a refuse
vehicle application at the 2006 Hybrid Truck Users Forum (HTUF) during
the 6th National HTUF meeting being held in San Diego, California
November 14-16, 2006.
The ProPulse hybrid drive system helps the engine to operate at
the optimum operating point for required energy demand, providing
increased fuel economy, reduced emissions, lower life cycle costs and
lower interior and exterior noise profiles.
"We are extremely excited to introduce this remarkable technology
to the refuse market" said Don Verhoff, Oshkosh's executive vice
president, engineering technology. "Our ProPulse hybrid drive system
could significant reduce fuel costs. During extensive customer field
tests, it has shown improved fuel efficiency of 20 to 50 percent over
the typical refuse trucks."
The ProPulse hybrid electric drive technology was developed for
the refuse vehicle application as part of the Advanced Heavy Hybrid
Propulsion System Project sponsored by the Department of Energy (DOE)
and the National Renewable Energy Laboratory (NREL). Key partners in
this four-year development effort were Rockwell Automation, The Ohio
State University and John Miller Enterprises.
Oshkosh Truck is the leading refuse collection body manufacturer
in the world through McNeilus Companies Inc. and the Geesink Norba
Group, both Oshkosh Truck Corporation companies. In addition to the
refuse vehicle application, Oshkosh has developed an 8 x 8 heavy
Expanded Mobility Tactical Truck (HEMTT-A3) that uses the ProPulse
hybrid electric drives technology for military applications.
About Oshkosh Truck Corporation
Oshkosh Truck Corporation is a leading designer, manufacturer and
marketer of a broad range of specialty commercial, fire and emergency
and military trucks and truck bodies. Oshkosh's products are valued
worldwide by fire and emergency units, defense forces, municipal and
airport support services, and concrete placement and refuse businesses
where high quality, superior performance, rugged reliability and
long-term value are paramount.
For more information about Oshkosh Truck Corporation, log onto the
company web site at www.oshkoshtruckcorporation.com.
Forward-Looking Statements
This press release contains statements that the company believes
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact, including statements regarding the
company's future financial position, business strategy, targets,
projected sales, costs, earnings, capital spending and debt levels,
and plans and objectives of management for future operations, are
forward-looking statements. When used in this press release, words
such as "expects," "intends," "estimates," "anticipates," or
"believes" and similar expressions are generally intended to identify
forward-looking statements. These forward-looking statements are not
guarantees of future performance and are subject to risks,
uncertainties, assumptions and other factors, some of which are beyond
the company's control that could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. These factors include the cyclical nature of the company's
markets, the company's ability to successfully integrate the JLG
acquisition, the consequences of financial leverage associated with
the JLG acquisition, risks related to reductions in government
expenditures, the uncertainty of government contracts and the
company's ability to turnaround its Geesink Norba Group business.
Additional information concerning these and other factors is contained
in the Company's filings with the Securities and Exchange Commission.
CONTACT: Oshkosh Truck Corporation
Financial:
Patrick Davidson
Vice President - Investor Relations
920.966.5939
or
Media:
Kirsten Skyba
Vice President - Marketing Communications
920.233.9621
SOURCE: Oshkosh Truck Corporation
