Cummins Positioned for Growth and Leadership in New and Emerging Technologies

COLUMBUS, Ind.–(BUSINESS WIRE)–During a teleconference yesterday evening, Cummins Inc. (NYSE: CMI)
executives shared how the Company is positioned to lead in current and
future technologies, including its core business, electrification,
alternative fuels and power solutions, as well as in digital
capabilities, data and analytics.

To hear a replay of the call: United States: 1-800-475-6701
International: 320-365-3844
Access code: 425446

“As a global power leader for the commercial and industrial markets we
serve, we are better positioned than any other company to win in new and
emerging technologies,” said Tom Linebarger, Cummins Chairman and CEO.
“Over the past 100 years, our ability to innovate and adapt has fueled
our success and we are confident we are on the right path to do it again
at this critical juncture. We are prepared to provide a range of power
technologies to our customers from diesel and natural gas to fully
electric and hybrid powertrains to ensure they always have the best
solution for their application.”

Core business

Cummins continues to focus on its core business segments – engine, power
systems, components and our distribution business. Examples of success
in this core business include products like the Company’s largest engine
platform to date, the QSK95; the latest X15 engines, which offer
class-leading fuel economy and maintenance costs, leveraging proprietary
components technology like the innovative single module aftertreatment,
which is 60 percent smaller and 40 percent lighter. All are backed by
the broad support capability of Cummins experts, globally.

Electrification

Earlier this year, Cummins enhanced its efforts to commercialize its
electrification capabilities, bringing together Cummins knowledge and
significant experience in the electrified powertrain space. In addition,
the Company is exploring potentially partnering with others to ensure
development of leading technology in energy storage, power electronics,
traction motor systems and component control for commercial
applications. Cummins will begin electrified powertrain delivery in
2019, including battery electric and plug-in hybrids. These are just the
first steps as the Company signals its intention to be the leading
provider of electrified powertrains in our commercial and industrial
markets.

Alternative Fuels and Power Solutions

Today, Cummins delivers zero emissions natural gas engine systems that
are a great fit for urban areas addressing air quality issues and
requirements. Natural gas engine technology can have a very low carbon
footprint and can even be considered carbon negative when paired with
renewable natural gas. Today’s natural gas engines and fuel systems are
better than ever, vehicles have a much longer range, maintenance is
improved, and fueling station availability has expanded – all of which
lead to significantly improved uptime and total cost of ownership for
fleets.

Additionally, Cummins has invested in research and development projects
to build capability to develop products utilizing a wide range of fuels.
The Company is developing high efficiency gasoline technology that
can deliver diesel-like performance and durability, meeting the most
stringent emission requirements while maintaining competitive fuel
economy.

Longer term, the Company’s Research and Technology Department continues
to investigate the viability of alternatives like bio-fuels, synthetic
fuels and hydrogen. Cummins has also invested in exploratory projects
focused on Proton Exchange Membrane and Solid Oxide Fuel Cell
technologies – both with increasing potential to offer superior power
density over the traditional internal combustion engine.

Digital Capabilities, Data & Analytics

Customers are looking for convenient and responsive interactions,
real-time updates, and information that make products safer, more
productive and easier to use. Cummins has offered telematics systems in
some markets for many years, but the potential for digital goes far
beyond telematics systems and at a faster pace. Recognizing this, in May
2017, Cummins formed a new internal organization led by Sherry Aaholm,
Cummins Chief Information Officer, called the Digital Accelerator. This
new organization seeks to streamline innovation, bringing concepts from
the idea stage to commercialization at the most efficient and effective
pace.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary
business units that design, manufacture, distribute and service diesel
and natural gas engines and related technologies, including fuel
systems, controls, air handling, filtration, emission solutions and
electrical power generation systems. Headquartered in Columbus, Indiana,
(USA) Cummins currently employs approximately 55,400 people worldwide
and serves customers in approximately 190 countries and territories
through a network of approximately 600 company-owned and independent
distributor locations and approximately 7,400 dealer locations. Cummins
earned $1.39 billion on sales of $17.5 billion in 2016. Press releases
can be found on the Web at www.cummins.com.
Follow Cummins on Twitter at www.twitter.com/cummins
and on YouTube at www.youtube.com/cumminsinc.

Contacts

Cummins Inc.
Jon Mills, 317-658-4540
Director, External
Communications
[email protected]