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New Flyer to Offer Engine Stop-Start with Allison Electric Hybrid Propulsion System in 2018

St. Cloud, Minnesota, USA – August 4, 2017: (TSX: NFI) New Flyer of America Inc. (“New Flyer”), the U.S. subsidiary of New Flyer Industries Inc. (the “Company”), the largest transit bus and motor coach manufacturer and parts distributor in North America, today announced that it will offer engine stop-start with the Allison Transmission (“Allison”) Electric Hybrid H 40 EP™ and H 50 EP™ propulsion systems, integrated with the Cummins B6.7 and future L9 engines in early 2018.

“We are proud to introduce the new Allison stop-start feature in our industry leading Xcelsior buses,” said Wayne Joseph, President, New Flyer of America. “It provides another technology for our customers to further reduce the emissions produced by buses, driving public transit that is better, healthier, and more sustainable for communities and the environment.”

Integrated engine stop-start shuts the engine down when the vehicle comes to a complete stop. The system provides seamless transition back to vehicle acceleration. As the driver’s foot is lifted from the brake, the system automatically starts the engine to allow acceleration.

“Integrated stop-start is an exciting development in the advancement and evolution of our product technology,” said Randy Kirk, senior vice president of product engineering and product teams with Allison Transmission. “We are continuously developing innovative solutions to help our customers reduce their carbon footprint through improved emissions and reduced fuel consumption.”

The Allison electric hybrid drive motors replace the conventional starter motor ensuring smooth operation during engine stop-start driving. Utilizing parallel architecture, the Allison Electric Hybrid system dramatically reduces both diesel fuel consumption and carbon dioxide emissions without sacrificing performance. Regenerative braking provides smooth vehicle deceleration, while converting kinetic energy to stored electrical energy and enhancing vehicle brake life.

Together, New Flyer and Allison have established a partnership committed to innovation. Since 2003, Allison has delivered more than 8,000 hybrid propulsion systems globally, which have accumulated nearly 800 million miles, saving more than 41 million gallons of fuel, and preventing 400 metric tons of carbon dioxide from entering the atmosphere.

About New Flyer Industries
The Company is the largest transit bus and motor coach manufacturer and parts distributor in North America with fabrication, manufacturing, distribution and service centers across America. It employs over 5,400 team members.

The Company is North America’s heavy-duty transit bus leader and offers the broadest transit bus product line under the brand Xcelsior®, incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, trolley-electric, and battery- electric. New Flyer actively supports over 44,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 6,400 are powered by electric and battery propulsion.

The Company is also North America’s motor coach market leader offering the Motor Coach Industries (MCI) J-Series, the industry’s best-selling intercity coach for 11 consecutive years, and the MCI D-Series, the industry’s best-selling motor coach line in North American history. MCI is also the exclusive distributor of Daimler’s Setra S 417 and S 407 in the United States and Canada. MCI actively supports over 28,000 coaches currently in service.

The Company operates North America’s most comprehensive aftermarket parts organization providing support for all types of transit buses and motor coaches. All buses and coaches are supported by an industry-leading comprehensive warranty, service, and support network.

Further information is available on the Company’s websites at www.newflyer.com and www.mcicoach.com. The common shares of the Company are traded on the Toronto Stock Exchange under the symbol NFI.

About Allison Transmission
Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, and is a leader in electric hybrid- propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,600 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

Contact
Jon Koffman
Investor Relations
New Flyer Industries
Jon_Koffman@newflyer.com
204-224-6672

Craig Koven
Corporate Affairs & Communications
Allison Transmission
craig.koven@allisontransmission.com
317-242-3432



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