SANTA ANA, Calif., July 13, 2007 (PRIME NEWSWIRE) -- Fuel Systems Solutions (Nasdaq:FSYS) today announced the company is scheduled to make a presentation at the Canaccord Adams Global Growth Conference at the InterContinental Boston hotel on Tuesday, August 7, 2007 at 8:00 a.m. Eastern Time. Mariano Costamagna, president and chief executive officer, will review industry trends, as well as the company's business and growth opportunities. A live web cast of the presentation will be available through the company's website.
Separately, the company said it has completed a previously announced agreement to acquire Zavoli S.r.l., a privately held manufacturer and distributor of aftermarket conversion kits that enable internal combustion engines to operate on liquefied petroleum gas (LPG) and compressed natural gas (CNG). Zavoli will continue to operate and market its products under its brand name. It recorded sales in 2006 of approximately $16 million. Terms were not disclosed.
Fuel Systems Solutions is a holding company currently comprised of two operating subsidiaries, IMPCO Technologies and BRC Gas Equipment. Additional information is available at www.fuelsystemssolutions.com. IMPCO designs, manufactures, markets and supplies advanced products and systems to enable internal combustion engines to run on clean burning gaseous fuels such as natural gas, propane and biogas. IMPCO is a leader in the heavy duty, industrial, power generation and stationary engines sectors. Headquartered in Santa Ana, California, IMPCO has offices throughout Asia, Europe, Australia and North America. Additional information is available at www.impcotechnologies.com. BRC produces a complete range of systems for converting vehicles to gaseous fuel to meet market requirements. BRC is a leader in the light duty and automobile alternative fuel sectors and has established alliances with several major automobile manufacturers for OEM projects. Headquartered in Cherasco, Italy, BRC has offices throughout Asia, Europe and South America. Additional information is available at www.brc.it