April 5, 2017

CLARK Launches New Forklift Powered by Power Solutions International's 2.4L Propane Engine

New CLARK GTS model to debut at Promat 2017 Expo

WOOD DALE, Ill., April 05, 2017 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (PSI) (NASDAQ:PSIX), a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems, today announced that Lexington, KY-based CLARK Material Handling Company will launch a new forklift product featuring PSI's 2.4-liter propane engine at the ProMat 2017 Expo.

ProMat, the largest expo for material handling and logistics equipment and technologies in North America, takes place in Chicago, April 3-6.

The new GTS propane-powered (LPG) model is part of CLARK's IC-Cushion forklift line, which targets distribution, manufacturing, warehousing and trucking applications. CLARK plans to roll the new propane models out in June of this year. 

"We're excited to be represented at ProMat through our partnership with CLARK," said Gary Winemaster, CEO and President of PSI. "CLARK is an industry leader, and this latest launch continues our tradition together of delivering durable, high-performance products for the material handling market."

The new forklift is powered by PSI's certified 2.4-liter LPG engine. According to PSI, the 4-cylinder, premium engine incorporates design features and enhancements that provide power, efficiency, durability, and noise and vibration advantages over its competition. These advantages include peak power of 63.0 hp (47.1 kw) at 2800 rpm and torque of 123.9 lb-ft (168.0 N-m) at 1600 rpm

PSI has provided engines to CLARK since 2009. Its 4.3-liter LPG engines power CLARK forklifts in the 4-ton to 7-ton class, while its 3.0-liter LPG engine powers 2.5-ton to 3.5-ton lifts. CLARK utilizes PSI's 2.0-liter and 2.4-liter LPG engines in 2.0-ton to 3.3-ton products.

"The PSI 4.3L engine is the mainstay of our medium internal combustion product line and has proven to be reliable and trouble-free throughout a wide range of applications," said Chuck Moratz, Senior Vice President of Global Engineering of CLARK. "We look forward to the same performance and customer acceptance in this smaller capacity range."

CLARK Material Handling is displaying its latest products in booth #S2433 at ProMat 2017 at Chicago's McCormick Place, April 3-6.

For more information about PSI, please visit www.psiengines.com.

About Power Solutions International, Inc.
Power Solutions International, Inc. (PSI or the Company) is a leader in the design, engineering and manufacture of emissions-certified, alternative-fuel power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers in the industrial and on-road markets. The Company's unique in-house design, prototyping, engineering and testing capacities allow PSI to customize clean, high-performance engines that run on a wide variety of fuels, including natural gas, propane, biogas, gasoline and diesel.

PSI develops and delivers powertrains purpose built for the Class 3 through Class 7 medium duty trucks and buses for the North American and Asian markets, which includes work trucks, school and transit buses, terminal tractors, and various other vocational vehicles.  In addition, PSI develops and delivers complete industrial power systems that are used worldwide in stationary and mobile power generation applications supporting standby, prime, distributed generation, demand response, and co-generation power (CHP) applications; and mobile industrial applications that include forklifts, aerial lifts, industrial sweepers, aircraft ground support, arbor, agricultural and construction equipment. For more information on PSI, visit www.psiengines.com.

About CLARK Material Handling Company
CLARK Material Handling Company, an industry leader since its production of the first gasoline-powered material handling truck in 1917, will be celebrating 100 years in the material handling business in 2017. Headquartered in Lexington, Kentucky, CLARK is a privately held global company and has built more than one million forklifts across its history. CLARK supplies a full range of internal combustion and electric trucks and parts which are distributed through its global network of more than 550 dealers.

For additional information on CLARK, its products or to locate a dealer visit us on the World Wide Web at www.clarkmhc.com, Facebook at www.facebook.com/clarkmhcna or call toll free 866-252-5275.

Contact:



Power Solutions International, Inc.

Jeremy Lessaris

VP of Global Marketing & Communications

+1 (630) 350-9400

jlessaris@psiengines.com

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Source: Power Solutions International, Inc.

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