VANCOUVER, Oct. 11, 2017 /CNW/ - Grande West
Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) –
October 11, 2017: ("Grande West" or
the "Company"), a Canadian bus manufacturer of mid-sized
multi-purpose transit vehicles for sale in Canada and the
United States, is pleased to announce that it will be
unveiling an extension to its product line.
In addition to offering tours of the recently operational
College Park Assembly Facility on October
11, Grande West will be
unveiling an expansion to its current Vicinity product line. The
Company will offer attendees a sneak peak at the newly designed
transit vehicle. The high-quality, cost competitive vehicle will be
offered from 22' to 28' lengths, designed for use in community
service, airports, campuses, hotel shuttles, etc. This new high
capacity vehicle was designed and built following the same quality
standards used in our Best In Class heavy-duty mid-size Vicinity
buses.
Grande West will be showing an
"operational mock up" of the new 27.5' concept design. Our goal is
to present the vehicle to attendees and obtain feedback relative to
operator needs. We invite all transit agencies and private
operators to examine the current design, offer observations and
contribute to the final design.
Grande West believes that this
monocoque body, rear-engine, low floor medium-duty transit vehicle
will be a game changer. The 27.5' vehicle can accommodate up to 27
seated passengers and standees with multiple wheelchair positions.
Designed with a 1:6 ramp slope, it is fully accessible for all
passengers in need of extra assistance and wheelchair
accessibility. This unique transit vehicle, powered by a GM gas
engine and Allison transmission, will offer the same
serviceability, maintainability and reliability typically found in
transit vehicles with similar powertrains.
Grande West believes that this
new category of "Crossover" vehicles will provide a superior option
to current 'cutaway' offerings available to the transit market
today.
Final engineering of the new vehicle will follow by taking into
consideration industry expert feedback. Product and sales
availability of this crossover vehicle will be announced in the
near future.
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, is more
maneuverable, 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 in public and private transit fleet
operations that would benefit from the Vicinity.
For further information please contact:
Grande West
Transportation
John
LaGourgue
Ph: 1-604-607-4000
jlagourgue@grandewest.com
www.grandewest.com
Neither the TSX-V nor its Regulation Service Provider (as that
term is defined in the policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this release.
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.