Bridgeview, IL, May 27, 2009, Manitex International, Inc. (Nasdaq: MNTX), a leading provider of
engineered lifting solutions including boom truck cranes, rough terrain forklifts and special missionoriented
vehicles announced today that it received new orders valued at approximately $7 million.
The orders consisted of commercial boom truck cranes for the owner-operated and rental markets
of approximately $5 million and a new order for Manitex Liftking military container handling forklifts
valued at approximately $2 million from a United States government agency. The Company
expects to ship these orders by the end of 2009.
“Manitex International has a unique, diverse, and high quality product portfolio, consisting of
specialized products that deliver a healthy return on investment and cash flow for its customers,”
commented Andrew Rooke, President and Chief Operating Officer. “Our niche strategy and focus
have positioned us well to win new business in our target markets. Liftking has a positive history
with military orders, and the recent increase in the military orders we have received is particularly
encouraging.”
“Manitex Liftking container handling forklifts possess innovative features that meet strict military
standards and perform in almost any terrain,” said Bob Litchev, Senior Vice President of Manitex
International, Inc. “This repeat order features custom-built specifications and demonstrates the
military’s continued acceptance of, and commitment to, Manitex Liftking’s high-quality products.”
Manitex Liftking’s forklifts are built to exacting military standards including compliance with the
quality controls required by ISO 9001. Before being shipped, each machine is thoroughly tested on
a military approved endurance track located adjacent to Manitex Liftking’s military vehicle
manufacturing plant. There are a limited number of test tracks in North America and having a
military approved test track is an advantage. The U.S. Department of Defense alone has hundreds
of Manitex Liftking vehicles serving the Navy, Army and Air Force that they depend on daily.
About Manitex International, Inc.