The acquisition of Moxy Engineering, which includes Moxy Trucks of America, is yet another strong step forward for Doosan Infracore and Doosan Infracore America in the quest to move into the top ranks of the world's heavy equipment manufacturers and preferred choice for equipment purchasers.

The company is enthusiastic about the opportunities that this combination will create. Moxy's respected line of articulated dump trucks will add another component to Doosan Infracore America's reputation as an innovator pushing the envelope to design next-generation heavy construction equipment. It also fits well with the company's philosophy of building a comprehensive line of equipment and services. There are also benefits to our dealers, providing even more options for them to serve the needs of customers. Doosan Infracore America is truly evolving to be an end-to-end company that can meet almost any work need of our clients.

The Moxy acquisition, which is expected to be completed in the fourth quarter of 2008, comes at a time when Doosan Infracore America is rapidly growing its penetration of the North American market. From adding new dealerships throughout the United States and Canada, to bolstering its national sales and field training staffs, the company is giving customers who want equipment that is reliable, durable, easy to maintain, fuel efficient and comfortable to operate a host of new options.

While Doosan will continue to plan and implement the branding, sales and marketing strategies for their new line of Moxy articulated trucks, the company is eager to share this positive development with its extensive network of dealers and customers, and will be distributing more information over the coming weeks.