OEC orbital corporation limited

official - kymco announces adoption of orbital dir

  1. 6,931 Posts.
    KYMCO ANNOUNCES ADOPTION OF ORBITAL DIRECT INJECTION TECHNOLOGY
    Perth, Australia: Orbital announced today that Kwang Yang Motor Co.
    Ltd (Kymco) have publicly
    stated that they are developing Kwang Yang Direct Injection (KDI) for
    planned introduction on
    certain100cc and 50cc scooter models scheduled to be launched next
    year.
    Kymco, established in 1963 and one of Taiwan's leading motorcycle
    manufacturers, produces
    more than 300,000 scooters and motorcycles a year for both the
    Taiwanese market and a growing
    export market.
    KDI, which incorporates the Orbital Combustion Process (OCP) has been
    developed as a result of
    7 years of cooperation between Orbital and Kymco. Kymco have claimed
    that the new KDI
    technology can pass both Taiwan's fourth stage emissions regulations
    due in 2004 and Europe's
    stage three regulations due in 2006.
    "This is another important step forward for Orbital" said Orbital's
    Chief Executive Officer, Mr Peter
    Cook. "Taiwan has introduced some of the toughest emissions standards
    in the world and the KDI
    technology sets new benchmarks. Orbital is particularly pleased with
    the expansion of OCP
    technology beyond the established 50cc DI market in Europe to 100cc
    scooters in Taiwan."
    ends
    Orbital is a leading international developer of engine technologies
    using direct in-cylinder fuel injection and
    lean-burn systems for enhanced fuel economy and lower emissions. The
    company serves the worldwide
    automotive, marine, recreational and motorcycle markets.
    Headquartered in Perth, Western Australia, Orbital
    stock is traded on the Australian Stock Exchange (OEC), the New York
    Stock Exchange (OE) as well as the
    Berlin (ORE) and Frankfurt (OREA) Exchanges.
    CONTACTS: Email – info@o... Website – www.orbeng.com
    Mr Peter Cook
    Chief Executive Officer
    Tel: 0418 425 859
    Mr Keith Halliwell
    Chief Financial Officer
    Tel: +61 8 9441 2311
    USA: Tel: 1866 714 0668
 
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