CHARLOTTE, Mich., Oct. 4 /PRNewswire-FirstCall/ — John E. Sztykiel,
president and CEO of Spartan Motors, Inc. (Nasdaq: SPAR), will meet with
institutional investors at the Oppenheimer Hidden Gems Investor Conference on
Oct. 11, 2007 at the Hilton Boston Financial District Hotel in Boston.
A copy of the presentation used at this conference is available at
theshyftgroup.com under the “webcast” section of the site.
This conference marks the third investor event Spartan’s management has
attended in 2007. In Feb. 2007, Spartan presented at the Roth OC conference
in Laguna Niguel, Calif. In March 2007, Spartan participated in the Next
Generation Equity Research Industrials Conference in Chicago.
About Spartan Motors
Spartan Motors, Inc. (theshyftgroup.com) designs, engineers and
manufactures custom chassis and vehicles for the recreational vehicle, fire
truck, ambulance, emergency-rescue and specialty vehicle markets. The
Company’s brand names — Spartan(TM), Crimson Fire(TM), Crimson Fire
Aerials(TM), and Road Rescue(TM) — are known for quality, value, service and
being the first to market with innovative products. The Company employs
approximately 1,300 at facilities in Michigan, Pennsylvania, South Carolina,
and South Dakota. Spartan reported sales of $445 million in 2006 and is
focused on becoming the premier manufacturer of specialty vehicles and chassis
in North America.
This release contains forward-looking statements, including, without
limitation, statements concerning our business, future plans and objectives
and the performance of our products. These forward-looking statements involve
certain risks and uncertainties that ultimately may not prove to be accurate.
Actual results and future events could differ materially from those
anticipated in such statements. Technical complications may arise that could
prevent the prompt implementation of the plans outlined above. The company
cautions that these forward-looking statements are further qualified by other
factors including, but not limited to, those set forth in the company’s Annual
Report on Form 10-K filing and other filings with the United States Securities
and Exchange Commission (available at http://www.sec.gov). Government
contracts and subcontracts typically involve long payment and purchase cycles,
competitive bidding, qualification requirements, delays or changes in funding,
extensive specification development and changes, price negotiations and
milestone requirements. An announced award of a governmental contract is not
equivalent to a finalized executed contract and does not assure that orders
will be issued and filled. Government agencies also often retain some portion
of fees payable upon completion of a project and collection of contract fees
may be delayed for long periods, which can negatively impact both prime
contractors and subcontractors. The company undertakes no obligation to
publicly update or revise any statements in this release, whether as a result
of new information, future events or otherwise, except as required by law.
SOURCE Spartan Motors, Inc.
10/04/2007
CONTACT: John Sztykiel, CEOor Jim Knapp, CFOboth of Spartan Motors,
Inc., +1-517-543-6400
or Jeff Lambert or Ryan McGrath,
[email protected]+1-616-233-0500both of Lambert, Edwards &
Associates, Inc., for Spartan Motors, Inc.
Web site: https://theshyftgroup.com
(SPAR)
CO: Spartan Motors, Inc.; Oppenheimer Hidden Gems Investor Conference
ST: Michigan, Massachusetts
IN: AUT FIN
SU: TDS