Azure Dynamics Announces 10 Balance(TM) Hybrid Electric Sales to Kentucky Municipalities with Option for 40 Additional Buses



    OAK PARK, MI, Aug. 5 /CNW/ - 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 their success on a recent bid for 50
Balance(TM) Hybrid Electric Shuttle Buses. Ten buses were ordered immediately
by three separate Kentucky municipalities with an option for up to 40
additional buses.
    The State of Kentucky, under direction of its Office of Transportation
Delivery is one of the first states to receive Federal Transit Administration
(FTA) stimulus money aimed at providing fuel efficient and environmentally
friendly transportation solutions. The stimulus funds were provided to members
of the Kentucky Public Transit Association. Under a competitive bid process a
contract was awarded to National Bus Sales and Leasing, Inc. for the Azure
Balance(TM) Hybrid Electric drivetrain on a Ford E450 chassis and shuttle bus
bodies built by Goshen Coach.
    The Azure vehicles are expected to be delivered by the beginning of
September 2009. The City of Owensboro, via Audubon Area Community Services,
will receive seven buses for its paratransit program. Two other vehicles will
be used for Demand Response in the state capital of Frankfort. The final bus
serves in a pilot program for the Rural Transportation Enterprise Council
(RTEC). The latter organization has a shuttle fleet of 150 buses operating in
13 counties. This is its first hybrid electric vehicle. The organization hopes
to add additional hybrid electric vehicles pending results of this pilot
program.
    "We're thrilled to supply this initial order of ten vehicles to
Kentucky," said Jay Sandler, VP Sales at Azure. "Our high standard of customer
service coupled with our innovative product which addresses both cost and
environmental issues, gives us confidence that Azure will realize additional
orders from this bid."
    David Clawson, Regional Manager of Transit Sales for National, said,
"Kentucky has demonstrated that it can act quickly to take advantage of
available federal funding support to upgrade its vehicle fleet. As more
municipalities access these programs, we expect to see a significant increase
in orders for hybrid electric technology like that on the Azure products
specified by Kentucky."
    Goshen Coach of Elkhart, Indiana will be providing shuttle bodies in both
10 passenger plus two wheelchair and 12 passenger plus two wheelchair
configurations. Goshen's heritage of quality craftsmanship has been proven in
the 22,000 vehicles it has put on the road.
    National Bus Sales and Leasing Inc. of Marietta, GA consistently ranks in
the top three commercial vehicle providers in the United States. The
organization owes its long-term success to its dedicated customer service as
directed by its Smith family ownership. National has four offices nationwide -
Marietta, Georgia; the Shenandoah Valley of Virginia; Charlotte, North
Carolina and Dallas, Texas.
    For more information about Azure Dynamics and its products, please visit
www.azuredynamics.com.

    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.

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

    Forward-looking Statements

    This press release contains forward-looking statements. More
particularly, this press release contains statements concerning Azure's
business development strategy, projected commercial revenues and product
deliveries.
    The forward-looking statements are based on certain key expectations and
assumptions made by Azure, including expectations and assumptions concerning
achievement of current timetables for development programs, target market
acceptance of Azure's products, current and new product performance,
availability and cost of labour and expertise, and evolving markets for power
for transportation vehicles. Although Azure believes that the expectations and
assumptions on which the forward-looking statements are based 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 inherent risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number of factors
and risks. These include, but are not limited to, the risks associated with
Azure's early stage of development, lack of product revenues and history of
losses, requirements for additional financing, uncertainty as to commercial
viability, uncertainty as to product development and commercialization
milestones being met, uncertainty as to the market for Azure's products and
unproven acceptance of Azure's technology, competition for capital, product
market and personnel, uncertainty as to target markets, dependence upon third
parties, changes in environmental laws or policies, uncertainty as to patent
and proprietary rights, availability of management and key personnel, and
acquisition integration risk. These risks are set out in more detail in
Azure's annual information form which can be accessed 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.





For further information:

For further information: Jay Sandler, Vice President - Sales,
(248)-298-2403 x1205, Email: jsandler@azuredynamics.com; Mike Elwood, Vice
President-Marketing, (905) 607-3486 x203, Email: melwood@azuredynamics.com;
Patrick Liebler, Liebler Group, (248) 229-4418, Email: pat@lieblergroup.com

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