Manitex International (MNTX) Announces Distribution Agreement with Darwish Bin Ahmed & Sons

November 9, 2009 9:50 AM EST

Manitex International, Inc. (Nasdaq: MNTX) announced a distribution agreement with Darwish Bin Ahmed & Sons (DBA), a well diversified corporation with operations or distribution in 35 countries for distribution of the entirety of Manitex's crane product line throughout the emirates of Abu Dhabi & Al Ainand and The Kingdom of Saudi Arabia.

Additionally, Manitex International also reached agreement for distribution throughout Dubai and the Northern Emirates with United Motors & Heavy Equipment L.L.C., also a part of DBA Group. Both of these dealers are authorized sellers of German manufactured MAN trucks, which are recognized worldwide leaders in vocational truck chassis, which will be exclusively used with the Manitex cranes.

Manitex International, Inc. is a provider of engineered lifting solutions including cranes, rough terrain forklifts, indoor electric forklifts and special mission oriented vehicles, including parts support. [SM]

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