BRADENTON, Fla. (November 11, 2011) – Medtec Ambulance Corporation, an Oshkosh Corporation [NYSE: OSK] company, announced today that South Coast Fire Equipment Inc. has been named its dealer for portions of southern California, including the state’s ten southernmost counties. Headquartered in Ontario, Calif., South Coast Fire Equipment will provide sales and service for Medtec’s entire line of type I, II and III ambulances, including the new RediMedicâ„¢ by Medtec line of full featured and value positioned ambulances.
“The addition of South Coast to our dealer team is excellent news for ambulance customers throughout southern California,” said Dan Peters, Pierce Manufacturing and Medtec Ambulance Corporation senior vice president of sales. “As a longtime Pierce fire apparatus dealer, the team at South Coast, led by Kevin Newell, has secured an unmatched reputation for customer service and support. We’re excited to have them join the Medtec dealer family.”
“We are thrilled to represent Medtec Ambulance to emergency medical services providers throughout southern California,” said Kevin Newell, president of South Coast Fire Equipment. “The addition of the Medtec brand is a great opportunity for our company to expand our services. We have an excellent organization and team of professionals ready to provide expert service and after the sale support which are the hallmarks of our organization.”
South Coast Fire Equipment is the fire apparatus market share leader in southern California, with a keen awareness of the needs of first responders. Founded in 1996, the company is focused on quality sales support, technical expertise, and unmatched product knowledge. South Coast features a team of technical service advisors and comprehensive support capabilities, including mobile service facilities.
About Medtec Ambulance Corporation
Medtec Ambulance Corporation, an Oshkosh Corporation [NYSE:OSK] company, is a leading United States brand of custom ambulance vehicles. Medtec offers a full product line of Type I, II, III, and Additional Duty ambulances, as well as the new RediMedicâ„¢ by Medtec line of full featured and value positioned ambulances. All Medtec ambulances are custom-built to customer specifications and backed by a strong network of dealers. For more information, visit www.medtecambulance.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®,McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontlineâ„¢, SMITâ„¢, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, visit www.oshkoshcorporation.com.
®, TMAll brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the expected level and timing of DoD’s procurement of products and services and funding thereof, including the impact of the DoD’s allocation of certain tires which will restrict and delay certain FHTV sales; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic uncertainty, lower municipal spending and tight credit markets; the Company’s ability to produce vehicles under the FMTV contract at targeted margins; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than equity market expectations; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage, which could limit the Company’s ability to pursue various opportunities; increasing commodity and other raw material costs, particularly in a sustained economic recovery; the ability to pass on to customers price increases to offset higher input costs; risks related to costs and charges as a result of facilities consolidation and alignment, including that anticipated cost savings may not be achieved; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks related to production delays arising from supplier quality or production issues; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; the potential for increased costs relating to compliance with changes in laws and regulations; risks related to disruptions in the Company’s distribution networks; and the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.
