Bombardier Inc. (BDRBF: OTCQX International Premier) | Bombardier Comments on a Preferred Bidder Announcement for a Reseau Electrique Metropolitain Project

MONTREAL, QUEBEC–(Marketwired – Feb 8, 2018) – Rail record personality Bombardier Transportation confirms that it has not been comparison as elite bidder for a sustenance of rolling stock, systems, operation and upkeep services (RSSOM Contract) for Montréal’s Réseau électrique métropolitain (REM) project.

“We know and share a beating a employees have about this announcement. Bombardier has been providing innovative travel solutions in Québec and elsewhere in Canada for tighten to 45 years. As universe personality in a supply of programmed travel systems and services, and operation of open movement fleets, we trust that a offer we submitted was both really rival and ideally matched to accommodate a tolerable mobility needs of a larger Montréal area”, pronounced Benoît Brossoit, President, Bombardier Transportation, Americas Region.

Bombardier Transportation is a heading mobility solutions provider, with annual revenues for 2017 approaching to be around $8.5 billion and a reserve of $33.0 billion as of Sep 30, 2017. Bombardier’s full-scope product and services portfolio offers a industry’s many rival sum cost of tenure to a largest patron bottom in a world. Bombardier Transportation won several vital contracts in 2017, confirming a heading position within a tellurian rail attention and a transparent trail to grow into a $10 billion business in 2020.(1)

In suitability with a manners ruling a buying process, Bombardier Transportation will not be creation serve comments during this stage.

About Bombardier Transportation

Bombardier Transportation is a tellurian personality in rail record and offers a broadest portfolio in a industry. It covers a full spectrum of rail solutions, trimming from trains to sub-systems and signalling. The association also provides finish ride systems, e-mobility record and upkeep services. As an creation driver, Bombardier Transportation invariably breaks new belligerent in tolerable mobility. It provides integrated solutions that emanate estimable advantages for operators, passengers and a environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 37,150 people and a products and services work in over 60 countries.

About Bombardier

Bombardier is a world’s heading manufacturer of both planes and trains. Looking distant forward while delivering today, Bombardier is elaborating mobility worldwide by responding a call for some-more efficient, tolerable and beguiling travel everywhere. Our vehicles, services and, many of all, a employees are what make us a tellurian personality in transportation.

Bombardier is headquartered in Montréal, Canada and a shares are traded on a Toronto Stock Exchange (BBD). In a mercantile year finished Dec 31, 2016, we posted revenues of $16.3 billion. News and information are accessible during or follow us on Twitter @Bombardier.

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(1) Refer to a avowal on forward-looking statements and assumptions during a commencement of a Corporation’s Dec 14, 2017 Investor Day presentation, accessible here.

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