VANCOUVER, Jan. 27 /PRNewswire-FirstCall/ - Westport Innovations Inc.
(TSX:WPT) is pleased to announce that Elaine A. Wong has been appointed Vice
President, Finance and Chief Financial Officer.
Formerly Westport's Director of Corporate Performance and Director of
Finance for Cummins Westport Inc., the joint venture with Cummins Inc., Ms.
Wong has been Westport's Acting Chief Financial Officer since June 2003.
"We are delighted that Elaine has joined our executive team at such an
important time in our development as an emerging leader in clean
transportation solutions," said David Demers, Westport's President and Chief
Executive Officer.
Elaine Wong added, "I am pleased to be contributing to the successful
implementation of Westport's profitability plans. My focus in the short term
will continue to be around program prioritization and managing cash burn."
Before joining Westport in 2001, Ms. Wong, a Vancouver native, held
senior positions at Vancouver-based Telus Enterprise Solutions (formerly ISM
Information Systems Management (BC) Corporation) and worked for the accounting
firm KPMG LLP. Ms. Wong is also a member of the Board of Directors of Canadian
Business for Social Responsibility. She graduated in Commerce at the
University of British Columbia in 1990 and has been a member of the Institute
of Chartered Accountants of British Columbia since 1993. She has had her
Certified Public Accountant (Illinois) designation since 2001.
Westport Innovations Inc. is a leading developer of gaseous fuel engine
technologies. It develops, manufactures and sells a wide range of engines for
commercial transportation applications, such as trucks and buses through
Cummins Westport Inc., its joint venture with Cummins. Technology development
alliances are in place with a number of other leading engine manufacturers,
including Ford, MAN, Isuzu, and BMW to develop engines that operate using
cleaner-burning fuels such as natural gas, propane, hydrogen and blended fuels
such as HCNG.
Note: This document contains forward-looking statements about Westport's
business, operations, technology development or to the environment in which it
operates, which are based on Westport's estimates, forecasts and projections.
These statements are not guarantees of future performance and involve risks
and uncertainties that are difficult to predict, or are beyond Westport's
control. Consequently, readers should not place any undue reliance on such
forward-looking statements. In addition, these forward-looking statements
relate to the date on which they are made. Westport disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
For further information please contact:
Westport Innovations Inc.
Gordon Neal
Director, Investor Relations
Phone: 604-718-2046
Email: invest@westport.com
Web: http://www.westport.com
SOURCE Westport Innovations Inc.
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CONTACT: Westport Innovations Inc., Gordon Neal, Director, Investor Relations, Phone: 604-718-2046, Email: invest@westport.com, Web: http://www.westport.com
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