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Jun 26

Written by: BusAdmin
6/26/2009 8:18 AM 

Azure Dynamics Corporation, a leading developer of state-of-the-art green technologies that address environmental and cost issues for the commercial transportation industry, today announced an initial order for fifteen Balance(TM) Hybrid Electric shuttle buses from Metro Mobility in Minnesota. 

Oak Park, Michigan - June 11, 2009 - Azure Dynamics Corporation (TSX: AZD) - ("Azure") or (the "Company"), a leading developer of state-of-the-art green technologies that address environmental and cost issues for the commercial transportation industry, today announced an initial order for fifteen Balance(TM) Hybrid Electric shuttle buses from Metro Mobility in Minnesota.  Metro Mobility is a public transit service of the Metropolitan Council and provides door-through-door ADA paratransit service in the Minneapolis/St. Paul region. The buses will be delivered in the fourth quarter of 2009.
 
Jay Sandler, Azure's Vice President of Sales, commented, "The Metro Mobility buses represent another victory for our channel distribution strategy. By partnering with Hoglund Bus, a commercial vehicle distributor in Monticello, Minnesota, and Turtle Top Bus, a specialty vehicle manufacturer in New Paris, Indiana, we were able to submit a comprehensive bid that ultimately earned the Metro Mobility contract.  In turn, the buses we provide Metro Mobility will help the organization lower its operating costs, substantially reduce greenhouse emissions and provide reliable transportation for residents in the Twin Cities region." 
 
The purchase of Azure's hybrid drive train is a result of the Twin Cities Metropolitan Council's stated goal to increase usage of green technologies in the region.  The contract covering this order remains open should other Minnesota entities desire to add Azure products to their portfolios. 
 
"Earning the Metro Mobility business represents a great first step for our partnership with Azure and Turtle Top," said Scott Gretsch, Commercial Vehicle Sales at Hoglund Bus.  "Increasingly, our customers are expressing interest in hybrid transportation solutions that are environmentally friendly and cost effective.  We're thrilled to support Metro Mobility in its important mission of providing transportation services to area residents." 
 
The Azure Balance(TM) Hybrid Electric system specified by Metro Mobility has unique attributes like engine-off at idle and at below 20 miles per hour, while electronically supporting key ancillary functions like air conditioning, power steering and braking.  The drive train, with a Ford 5.4L engine, can improve fuel economy substantially, while reducing carbon emissions by up to 30% in city conditions.  The hybrid drive train also offers a significant reduction in maintenance costs versus conventionally equipped competitors.
 
About Azure Dynamics
Azure Dynamics Corporation (TSX: AZD) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets and is currently working internationally with various partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions.  For more information please visit www.azuredynamics.com.

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