Azure Dynamics Announces Changes to Management

    OAK PARK, MI, March 13 /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
promoted Stephen Lee to the position of Corporate Controller with expanded
responsibilities for corporate compliance and corporate governance. Mr. Lee
was formally Division Controller for Azure, a position he has held since
July 4, 2005.
    Steven K. Glaser who has been Vice President of Corporate Affairs since
August 2001 will leave the company on March 14, 2008 to pursue other
interests. He will remain an advisor to the Company for several months. Azure
has engaged Liebler!MacDonald Communication Strategists, based in Detroit
Michigan, to support the investor and public relations initiatives.
    "Steven Glaser has been a lead executive for Azure since our formative
days and has made a tremendous contribution in helping grow the firm and
positioning us with a broad cross section of constituents," said Ryan Carr,
Azure's Chief Financial Officer. "With our new headquarters in Detroit, this
is an opportune time for us to shift many of Steven's responsibilities to the
professional investor and public relations expertise of one of Detroit's
leading communications firms. We are also confident that Stephen Lee will
continue to make positive contributions to Azure in his expanded role."
    Liebler!MacDonald is a strategic communications firm with extensive
experience in the automotive and automotive supply industries, alternative
energy, not-for-profits and community relations. Headed by Arthur C. (Bud)
Liebler, former Senior Vice President of Chrysler Marketing and
Communications, and Bruce G. MacDonald, former Vice President of General
Motors Global Communications, the firm is one of the leading Midwest
communications teams with investor and public relations clients ranging in
industry, business and the government.

    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

    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
    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
    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: Steven Glaser, Vice-President, Corporate
Affairs (416) 367-0220, Email:; Bruce G. MacDonald,
Liebler!MacDonald, (248) 233-8062, Email:

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