|TerrainArmor Non-Pneumatic Tire|
Minneapolis, February 20, 2014– Polaris Industries Inc. (NYSE: PII) today announced the company’s TerrainArmor™ Non-Pneumatic Tire (NPT) was a finalist for Tire Technology of the Year by Tire Technology International.
“Polaris would like to thank Tire Technology International for recognizing TerrainArmor tires as part of their short list for Technology of the Year,’” said Rich Haddad, general manager of Polaris Defense. “Polaris is the first manufacturer to bring NPT technology to the off-road consumer and defense markets, and we feel the technology will make a great impact on the future of our industry.”
In 2013, Polaris Defense started offering TerrainArmor tires as an option for its military vehicles. This breakthrough technology has proven to be beneficial with military, emergency response and disaster relief teams.
“One of our challenges is getting to the point of need where people are, and usually debris stops us from doing that,” said Kevin Smith of the Salvation Army. “Specifically in the Oklahoma City tornado disaster, the TerrainArmor tires allowed us to reach people who were not served for days.”
Beyond having no flats, TerrainArmor tires offer a better center-of-gravity, improved cornering due to less pushing and the capability for the tires to be designed for a diverse range of applications.
The Tire Technology International Awards for Innovation and Excellence were presented in Cologne, Germany, on February 11.
Polaris is a recognized leader in the powersports industry with annual 2013 sales of $3.8 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian Motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid powered vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris Engineered parts, accessories and apparel and Klim branded apparel.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories are available from authorized Polaris dealers or anytime at www.polaris.com.
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