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Spartan Chassis to Debut Concept Utility Vehicle at FDIC

INDIANAPOLIS, April 25, 2013 (GLOBE NEWSWIRE) -- Spartan Chassis, a subsidiary of Spartan Motors, Inc. (Nasdaq:SPAR), will showcase a Concept Utility Vehicle today through Saturday at the Fire Department Instructors Conference (FDIC) in Indianapolis, Ind., where the company is presenting a variety of new technologies and price/performance breakthroughs for emergency response professionals. The versatile vehicle, featured at FDIC booth 2510, can be configured in a variety of ways for emergency response and law enforcement departments, according to Dennis Schneider, President of Spartan Emergency Response.

"Spartan products are built to perform under extreme situations," said Schneider. "With a focus on price first, and then great performance, this concept utility vehicle, is part of our breakthrough lineup of products that reset the value equation in emergency response. They can be easily configured for a variety of applications from SWAT and forensics for police to hazmat, rescue, command or utility for the fire service."

This Concept Utility Vehicle illustrates the capabilities of Spartan Motors, Inc. (SMI) – the parent organization to Spartan Chassis – with sister companies that produce similar units in much higher production volumes, SMI offers economies of scale that enable remarkably lower price points in the emergency response market. In addition, these Utility Vehicles developed to serve adjacent specialty vehicle markets, are designed and engineered to withstand demanding duty cycles. These Utility Vehicles from Spartan Chassis are field proven.

The Concept Utility Vehicle will be featured today, Friday and Saturday at Spartan Chassis' booth at FDIC. The Utility Vehicle, which can be upfitted by dealers or OEMs, is targeted to hit the market at less than $150,000.

Spartan Motors' business strategy is embodied in The Spartan D.R.I.V.E. Plan, a five-point business approach.

D.R.I.V.E.

  • Diversified Growth
  • Redefining Technology and Innovation, Develop Exciting Products Value
  • Integration of the Enterprise to Achieve Operational Improvement
  • Vibrant Culture
  • Extend Our Core Markets

Building on this plan, D.R.I.V.E. encourages heightened focus, teamwork and a common approach. It will align associate efforts and emphasize the importance of both collaboration and integration across business units. This strategy will enable diversification and limit exposure to industry cyclicality.

About Spartan Chassis, Inc.

Spartan Chassis, Inc. is a world-class leader in the engineering, manufacturing and marketing of chassis and aftermarket parts for emergency response, recreational vehicle (RV), defense and specialty vehicles. End users recognize and request the Spartan Chassis brand, which consistently delivers superior performance, exceptional safety ratings and innovations which distinguish us from the competition. Visit Spartan Chassis at www.spartanchassis.com.

About Spartan Motors

Spartan Motors, Inc. designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), emergency response, government services, defense, and delivery and service markets. The Company's brand names – Spartan™, Spartan Chassis™, Spartan ER™, Spartan ERV™ and Utilimaster® - are known for quality, performance, service and first-to-market innovation. The Company employs approximately 1,700 associates at facilities in Michigan, Pennsylvania, South Dakota, Indiana and Florida. Spartan reported sales of $471 million in 2012 and is focused on becoming a global leader in the design, engineering and manufacture of specialty vehicles and chassis. Visit Spartan Motors at www.spartanmotors.com.

This release contains several forward-looking statements that are not historical facts, including statements concerning our business, strategic position, financial strength, future plans, objectives, and the performance of our products. These statements can be identified by words such as "believe," "expect," "intend," "potential," "future," "may," "will," "should," and similar expressions regarding future expectations. These forward-looking statements involve various known and unknown risks, uncertainties, and assumptions that are difficult to predict with regard to timing, extent, and likelihood. Therefore, actual performance and results may materially differ from what may be expressed or forecasted in such forward-looking statements. Factors that could contribute to these differences include operational and other complications that may arise affecting the implementation of our plans and business objectives; continued pressures caused by economic conditions and the pace and extent of the economic recovery; challenges that may arise in connection with the integration of new businesses or assets we acquire or the disposition of assets; issues unique to government contracting, such as competitive bidding processes, qualification requirements, and delays or changes in funding; disruptions within our dealer network; changes in our relationships with major customers, suppliers, or other business partners, including Isuzu; changes in the demand or supply of products within our markets or raw materials needed to manufacture those products; and changes in laws and regulations affecting our business. Other factors that could affect outcomes are set forth in our Annual Report on Form 10-K and other filings we make with the Securities and Exchange Commission (SEC), which are available at www.sec.gov or our website. All forward-looking statements in this release are qualified by this paragraph. Investors should not place undue reliance on forward-looking statements as a prediction of actual results. We undertake no obligation to publicly update or revise any forward-looking statements in this release, whether as a result of new information, future events, or otherwise.

CONTACT: Russell T. Chick Corporate Director of Marketing Spartan Motors, Inc. 517.997.3852Source:Spartan Motors, Inc.