The V160 engine development activity has been underway for 17 years. Today. Stirling Power Systems Corporation (“SPS”) is planning the mass commercialization of systems based on the long development of its now highly successful and time proven V160 engine.The engine has been operating in field environments since 1982, supporting military and civilian requirements in applications including: Auxiliary Power Units Heat Pumps Military and Civilian Cogeneration Units Military Generator Sets Solar Under the SPS development program, the engine has accumulated over 350,000 test hours with over 25,000 hours logged on one unit operating in daily commercial service.Through 1987, SPS has built over 130 engines and will deliver approximately 30 more in 1988. The first mass-produced V160 engine will be delivered during 1989 when the production assembly operation will be underway.SPS is an internationally-known company whose corporate offices are located in Ann Arbor, Michigan, and subsidiaries located in Sweden, and to be announced in the near future: Italy, Israel. Spain, and Germany.