Azure Dynamics' hybrid shuttle bus successfully completes Altoona testing



    OAK PARK, MI, Nov. 29 /CNW/ - Azure Dynamics Corporation (TSX: AZD &
LSE: ADC) ("Azure" or the "Company"), a leading developer of hybrid electric
and electric powertrains for commercial vehicles, today announced it has
successfully completed the durability testing at the U.S. Government's bus
certification test facility in Altoona, Pennsylvania. The successful
completion of this test qualifies Azure's gasoline hybrid drive system for
federally-supported hybrid bus purchases by public transit agencies across the
United States.
    Scott Harrison, Azure's Chief Executive Officer said, "This test
demonstrates, on an accelerated time frame, the ability of Azure's hybrid
system to withstand the rigors of operating in a demanding urban transit bus
environment for seven years." Mr. Harrison went on to say, "With this federal
funded program now in place, U.S. shuttle bus operators can cost effectively
adopt an environmentally cleaner hybrid shuttle bus solution."
    Azure Dynamics series hybrid electric shuttle bus uses an electric motor
as the only means of driving the wheels. The motor obtains electricity from
one of two sources, a battery pack or an on-board generator powered by the
engine. The batteries in a hybrid electric vehicle are recharged by the
engine/generator (genset) as well as regenerative energy which is captured
during braking. Dependant on drive cycle, Azure's hybrid electric shuttle bus
reduces fuel consumption by up to 40%, reduces maintenance costs by 25% and is
anti-idle compliant.

    About Altoona Bus Testing Program

    The FTA New Model Bus Testing Program is designed to promote the
production of better transit vehicles and components and to ensure that
transit customers purchase safe vehicles able to withstand the rigors of
transit service. The program was established in response to legislation
included in the 1987 Surface Transportation and Uniform Relocation Assistance
Act. This legislation required all new and modified bus models to be tested
before being purchased with federal funds. The Altoona Bus Testing and
Research Center was established in 1989. The Pennsylvania Transportation
Institute ("PTI") operates and maintains the facility on behalf of FTA. PTI
provides all management, administrative, technical and support staff,
facilities, instrumentation, equipment, and materials necessary to test new
bus models for maintainability, reliability, safety, performance, structural
integrity, fuel economy, emissions, noise, and related technical support.

    About Azure Dynamics

    Azure Dynamics Corporation (TSX: AZD) (LSE: ADC) 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 and LSE Exchanges do 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: Dean McGrew, Vice-President, Business
Development, (781) 932-9009, Email: dmcgrew@azuredynamics.com; Steven Glaser,
Vice-President, Corporate Affairs, (416) 367-0220, Email:
sglaser@azuredynamics.com

Organization Profile

AZURE DYNAMICS CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890