On February 5, 2012, the City of Indianapolis will host the National Football League’s (NFL) Championship game, and the City doesn’t intend to let a winter snow storm interfere with the weeklong festivities or the Big Game. If it does snow, football fans – lucky enough to have tickets – won’t be impeded as they travel to-and-from weeklong sports celebrations or activities, thanks to 16 new Indy Snow Force Allison-equipped International snow plows
Indianapolis, Indiana (January 2012) – The City of Indianapolis is not only the home of this year’s NFL Championship, it’s also the home of the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy duty commercial vehicles, tactical U.S. military vehicles and hybrid-propulsion systems for city buses, Allison Transmission.
In February, football fans from around the world will descend upon Lucas Oil Stadium to witness the most widely viewed American football game of the year. The City of Indianapolis which is located close to the nation’s “snow belt“ is hedging its bets – as it relates to the possibility of snowfall – to ensure a winter storm doesn’t put a damper on game week or related activities. Sixteen new Allison-equipped International snow plows have replaced older models in the City’s fleet of snow removal equipment, and they are ready to roll if the need arises.
“The City of Indianapolis has been a long time customer of Allison Transmission, and consistent with our normal Customer Support practices, we will work with the Department of Public Work’s Indy Snow Force to ensure our products exceed their expectations during Big Game week,” said Lawrence E. Dewey, Chairman and CEO Allison Transmission. “Having the opportunity to host the NFL Championship is quite an honor for the City of Indianapolis, and Allison stands ready to do our part in making this year’s event a success.”
The City of Indianapolis Department of Public Works has enjoyed the reliability, durability and dependability of Allison-equipped vehicles for many years and currently has a fleet of 146 snow plows, dump trucks, refuse and other multi-purpose medium-duty trucks in inventory. Indianapolis City officials have said the new International snow plows will serve the residents and businesses in Indianapolis for years to come.
As with the 2008 Summer Olympic Games in Beijing, China, all of the 2012 Indianapolis NFL Championship – sanctioned city buses will also be equipped with Allison fully-automatic transmissions. In a similar fashion, the City of Indianapolis public transportation system, IndyGo, is working closely with the Super Bowl organizers to maximize the use of the Allison-equipped fully-automatic IndyGo bus fleet. Visitors to Indianapolis will also notice the special Allison Transmission labels identifying the new Allison hybrid buses which joined the IndyGo fleet less than a year ago.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.