Grande West Provides Management Update and Third Quarter Earnings Date

Grande West has announced a management update on Vicinity bus deliveries during the third quarter ended September 30, 2017 and provide investors with the earnings release date.

The Company delivered a record number of seventy five Vicinity buses in the third quarter. These record deliveries have resulted in quarterly record revenues of over $25 million and the second consecutive quarter of profitability.

Management is targeting delivery of two hundred Vicinity buses during 2017.

Along with reaching its second record quarter of deliveries, revenue and profitability, management is pleased to announce the opening of operations at the Atlanta-based College Park Facility. All Buy America assembly processes, tooling and trained staff are in place and pre-operational testing has been conducted. As previously noted, Grande West will proceed slowly with initial assembly with a focus on verification and validation of the total assembly process, and ramping production according to plan in early 2018.

Management is attending and presenting at the SmallCapDiscoveries Investment Conference in Vancouver on October 4th, a conference focused only on profitable, growing Canadian microcaps.

Grande West will be participating in the 2017 APTA Expo on October 9-11 in Atlanta, Georgia. The Expo is public transit’s major showcase of technology, products and services and is held every three years.

As discussed in the second quarter conference call, the Company will be responding to its first bid for an electric-powered Vicinity in October.

William Trainer, president and CEO of Grande West stated, “We are very pleased to have set significant new company records in the third quarter. Beginning Buy America production of the Vicinity is yet another milestone for Grande West and another step towards increasing our US presence. The Grande West team, alongside Alliance Bus Group, is looking forward to participating in the APTA Expo next week and will be showcasing the Vicinity bus as well as the new operational College Park Facility.”