Azure Dynamics Signs New Agreements With Thirteen Additional Dealerships



    OAK PARK, MI, May 19 /CNW/ - Azure Dynamics Corporation (TSX: AZD) -
("Azure" or the "Company"), a leading developer of innovative hybrid green
technologies that address environmental and cost issues for operators of
shuttle buses and commercial vehicle fleets, announced today it has signed
agreements with thirteen additional dealerships to represent Azure's
innovative Balance(TM) Hybrid Electric Drive System. The new dealerships are:

    
    -   Colonial Equipment Company, Frederick, MD
    -   Ricart Ford, Groveport, OH
    -   Folsom Lake Ford, Folsom, CA
    -   Northwest Ford Truck Inc., Franklin Park, IL
    -   Freedom Ford Sales Ltd., Edmonton, Alberta
    -   MHQ Municipal Vehicles, Walpole, MA
    -   Burt Automotive, Centennial, CO
    -   Olathe Ford, Olathe, KS
    -   Schultz Ford, Nanuet, NY
    -   Bayshore Ford Truck Sales, New Castle, DE
    -   Kent City Ford, Inc., Kent City, MI
    -   Bill Brown Ford, Inc., Livonia, MI
    -   Caguas Expressway Motors, Caguas, Puerto Rico
    

    "Expanding our representation in key regional markets is an important
step in building our distribution, sales and service base," said Jay Sandler,
Azure Dynamics Vice President of Sales. "Each of these dealers has been
trained on the Azure brand and technology so they're able to provide whatever
our shared customers need quickly, efficiently and conveniently."
    The new dealership agreements bring the total number of dealerships in
the Azure program to 27. These dealerships cover major markets in the U.S. and
Canada to broaden Azure's distribution network for its Balance(TM) Hybrid
Electric Drive System. Many dealerships will maintain inventory of
ready-to-deliver Cube Vans and Walk-In Vans equipped with Azure's technology.
    Azure Dynamics has previously announced dealerships in major markets like
Boston, Los Angeles, Edmonton, Miami, Milwaukee, Minneapolis, San Antonio,
Toronto and others.
    The Balance(TM) Hybrid Electric system is integrated on Ford's E450
Cutaway and Strip Chassis drive system and utilizes a conventional 5.4 liter
Triton gasoline engine and 5-speed automatic TorqShift transmission. The
hybrid powertrain features electric-launch up to 20 mph, and engine-off at
idle, while electronically supporting key ancillary functions like air
conditioning, power steering and braking. The powertrain can improve fuel
economy by up to 40%, while reducing carbon emissions up to 30% in city
conditions.
    For more information about Azure Dynamics and its family of hybrid
electric and electric commercial vehicles, 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: ON AZURE, CONTACT: Jay Sandler - Vice President
- Sales, (248) 298-2403 ext 1205, Email: jsandler@azuredynamics.com; Pat
Liebler, Liebler Group, (313) 832-4376, Email: pat@lieblergroup.com

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AZURE DYNAMICS CORPORATION

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