2007'02.01.Thu
Caterpillar Showcases Commitment to Customer Solutions at Inaugural CONEXPO Asia Trade Show in Beijing

PR
May 15, 2006

Wide Range of Caterpillar Products and Services on Display for Customers Who Can 'Count on Cat'
BEIJING, May 15 /Xinhua-PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is giving customers attending the first CONEXPO Asia the opportunity to see how Caterpillar products will continue to play a vital role in the economic progress that is taking place in China and across Asia. An international trade show for the construction industry, CONEXPO Asia 2006 is being held May 15-18 at the China National Agricultural Exhibition Center in Beijing. "It's significant that this show is being held in China where Caterpillar's products and customers have played a great role in the economic growth and progress that has occurred in the last several decades," said Gerry Shaheen, Caterpillar group president. "The first CONEXPO Asia trade show is a good example of how free and open trade works." The event comes at a time when some policymakers in the United States have called for harsh penalties or tariffs aimed at Chinese products being imported to the U.S., a move that could damage trade between the two nations. Caterpillar has encouraged China's increased attention on key trade issues such as currency reform and intellectual property protection, in line with China's stated plan to rapidly develop a market economy. Caterpillar is suggesting those trade issues are more effectively addressed through positive, balanced and engaging discussions among policymakers from both countries. "Caterpillar has long supported economic engagement with China, and CONEXPO Asia is yet another example of how a commitment to open trade benefits companies like Caterpillar, its Chinese customers, and the rest of the global economy," Shaheen said. The first CONEXPO Asia will feature displays by international companies as well as domestic Chinese equipment manufacturers. The Caterpillar exhibit at CONEXPO Asia covers 1,800 square meters of space and will feature more than 20 Caterpillar machines and power systems as well as displays covering the full range of Caterpillar product support, financing, rental, and other services available to assist customers who are involved in every aspect of development taking place across the Asia Pacific region. "Our display at CONEXPO Asia gives us the chance to talk with our customers in the Asia Pacific region about the quality, reliability, durability and product support that has made the Caterpillar name the mark of excellence all around the world," said Rod Beeler, Caterpillar vice president of Asia Pacific Marketing and chairman of the CONEXPO Asia management committee. Caterpillar has a long history in China. The company sold its first products there in 1975 and opened an office in Beijing in 1978. Beijing is home to Caterpillar's marketing headquarters for China, and it is also the headquarters for Cat China Financial Leasing. In the 1980s, Caterpillar launched technology transfer agreements with Chinese manufacturers who began building Caterpillar licensed products. Caterpillar's expansion in China accelerated in the early 1990s with the establishment of a more significant local production strategy. Today, Caterpillar operates 13 facilities -- both joint venture and wholly owned businesses -- which, together with its network of independent Caterpillar dealers, offer customers in China the best-in-class products, services and support that have made it a global leader. For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2005 sales and revenues of $36.339 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. More information is available at http://www.cat.com/ . SAFE HARBOR Certain statements in this release relate to future events and expectations and as such constitute forward-looking statements involving known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. In this context, words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "will," or other similar words and phrases often identify forward-looking statements made on behalf of Caterpillar. It is important to note that actual results of the company may differ materially from those described or implied in such forward looking statements based on a number of factors and uncertainties, including, but not limited to, changes in economic conditions, currency exchange rates or political stability; market acceptance of the company's products and services; significant changes in the competitive environment; changes in law, regulations and tax rates; and other general economic, business and financing conditions and factors described in more detail in the company's filings with the Securities and Exchange Commission, including the financial release filed on Form 8-K with the Securities and Exchange Commission on April 24, 2006. We do not undertake to update our forward-looking statements. For more information, please contact: Jim Dugan, Caterpillar Corporate Public Affairs Tel: +1-309-675-5813 Email: dugan_jim@cat.com SOURCE Caterpillar Inc.
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