Azure Dynamics Technology to Support DHL's All 'Green' Fleet in Manhattan

OAK PARK, MI, April 1 /CNW/ - Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF), a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles, today confirmed that its products will comprise a new DHL 80-vehicle "green" fleet in Manhattan.  The DHL fleet includes 50 BalanceTM Hybrid Electric powertrains to be retrofitted on existing Ford E450 chassis and 30 Transit Connect Electric vans.

The Azure-provided DHL vehicles are part of DHL's comprehensive GoGreen program which aims at adding fuel-efficient, hybrid, electric or aerodynamically modified vehicles to its fleet worldwide. The DHL announcement was made by Frank Appel, Chief Executive Officer of Deutsche Post DHL, at a press event held in New York City.

"As the DHL acquisition shows, Azure can place both its hybrid electric and electric powertrain technologies within the same fleet to accomplish different logistical needs," said Scott Harrison, Azure CEO.  "Our Balance TM Hybrid Electric product is already a market leader in the medium duty hybrid commercial truck segment, and the Transit Connect Electric will create new synergies for existing and potential clients."

The multi-million dollar investment in the modern, environmentally-friendly Azure-powered vehicles is an integral part of the Deutsche Post DHL Group's global GoGreen strategy, which has the goal of improving the company's carbon efficiency worldwide by 30 percent by 2020, compared to 2007 base levels. In a large metropolitan area like New York City, this fleet investment allows DHL to serve customers with sustainable solutions and improved resource efficiency.

"Sustainability, especially the reduction of carbon emissions, is a central aspect of our business and an integral part of our corporate strategy. As the global leader in logistics we are ideally positioned to foster climate protection in order to save our environment for future generations," said Frank Appel, Chief Executive Officer of Deutsche Post DHL. "As customers worldwide are increasingly demanding greener logistics, sustainable business procedures and initiatives like the one we are launching today will - at the same time - also enhance the profitability of our business."

Azure had previously announced the Transit Connect Electric and BalanceTM Hybrid Electric sales to DHL, but could not name DHL as the ordering customer at that time.

DHL's GoGreen strategy dovetails with New York City Mayor Michael R. Bloomberg's comprehensive plan to lower carbon emissions throughout the city.  "Our investment in these new green vehicles supports a more energy-efficient, low-emissions economy," said Ian Clough, CEO for DHL Express U.S. "Having partnered with American companies also represents an investment in the U.S. economy."

About Azure Dynamics

Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) 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 a variety of 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.

About Deutsche Post DHL

Deutsche Post DHL is the world's leading mail and logistics services group.

The Deutsche Post and DHL corporate brands represent a one-of-a-kind portfolio of logistics (DHL) and communications (Deutsche Post) services. The Group provides its customers with both easy to use standardized products as well as innovative and tailored solutions ranging from dialog marketing to industrial supply chains. About 470,000 employees in more than 220 countries and territories form a global network focused on service, quality and sustainability. With programs in the areas of climate protection, disaster relief and education, the Group is committed to social responsibility. In 2010, Deutsche Post DHL revenues exceeded EUR 51 billion.

The postal service for Germany. The logistics company for the world.

For more information: www.dp-dhl.de

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements Advisory

Certain information included in this press release constitutes forward-looking statements and information and future-oriented financial information under applicable securities legislation and is provided for the purpose of expressing management's current expectations and plans for the future.  Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions.

More particularly, this press release contains statements concerning Azure's anticipated: business development strategy, customer orders, product deliveries, sales, revenue and revenue growth. The forward-looking statements are based on a number of key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs and sales, target market acceptance of Azure's products, current and new product performance, availability and cost of labor and expertise, and evolving markets for power for transportation vehicles. Although Azure believes that the expectations and assumptions used to develop the forward-looking statements are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no assurance that they will prove to be correct.

Since forward-looking statements address future events and conditions, by their very nature they involve numerous risks and uncertainties that contribute to the possibility that the projections and forecasts in the forward-looking statements will not occur and that actual performance or results could differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks associated with Azure's stage of development, history of losses and lack of historical product revenues, uncertainty as to product development and sales milestones being met, product defect and performance risks, competition for capital and market share, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability and retention of management and key personnel, exchange rate and currency fluctuations, uncertainties relating to potential delays or changes in plans with respect to product development or capital expenditures, the ability of Azure to access sufficient capital on acceptable terms, and environmental and safety risks. This is not an exhaustive list and additional information on these risks and other factors that could affect Azure's operations and financial results are included in reports on file with the Canadian securities regulatory authorities and can be accessed through the SEDAR website at www.sedar.com

The forward-looking statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.  Additionally, Azure undertakes no obligation to comment on the expectations of, or statements made by, third parties about Azure.

SOURCE Azure Dynamics Corporation

For further information:

Azure Dynamics Media Contacts:

Pat Liebler, Liebler Group, (313) 832-4376
Email: pat@lieblergroup.com

Deutsche Post DHL Media Contacts:

Bea Garcia, Media Relations, +49 (0)228 182-9944

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