Azure Dynamics Balance(TM) Hybrid Electric to Deliver Mail at the University of Alberta

    OAK PARK, MI, May 13 /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, announced today that four Balance(TM) Hybrid Electric
trucks were sold to the University of Alberta. The trucks will be
predominantly used for campus mail delivery to over 100 buildings with more
than 1,000 mail delivery and pickup points daily.
    "Azure Dynamics has deep roots in Western Canada, so it is very rewarding
to partner with the University of Alberta and provide an environmentally
friendly solution for its campus mail service," said Scott Harrison, Azure
Dynamics Chief Executive Officer. "In the past two quarters, Azure has shipped
over 100 trucks into Canada making it a very significant market for our
    With its electric-launch assist, engine-off at idle and regenerative
braking, the Azure Balance(TM) Hybrid Electric is ideally suited for the tough
start and stop conditions endured by mail delivery vehicles. As a result, the
University of Alberta can expect considerable benefits in terms of fuel
efficiency and maintenance costs while also reducing its carbon foot print and
improving its campus air quality.
    Freedom Ford, Canada's largest Ford Commercial Dealer located in
Edmonton, Alberta acted as the coordinator to deliver these vehicles to the
University of Alberta. Joe Holland, Freedom's Commercial Fleet Manager, said,
"With environmental stewardship a key priority for Canadian businesses both
large and small, Freedom Ford has focused on the supply and delivery of Ford
Motor Company hybrid technologies and now has the ability to meet the growing
commercial demand by partnering with Azure Dynamics. Azure's Ford E-series
hybridization allows for a wide range of creative solutions including cargo
and shuttle configurations to provide flexibility without any sacrifice in
performance, durability or utility."
    "The sales to the University of Alberta are a direct result of Azure's
effort to enlist a regional dealership network," said Jay Sandler, Azure
Dynamics Vice President of Sales. "We already have more than 25 dealers in
major markets like Miami, Boston, San Antonio, Los Angeles, Minneapolis,
Toronto and others. These dealers are telling us that their commercial truck
customers are increasingly interested in hybrid vehicle solutions that improve
fuel economy and lower maintenance costs. Our Balance(TM) Hybrid Electric
product addresses these needs. We expect our dealer partners to continue to
bring us new customers like Freedom Ford did with University of Alberta."
    For more information about Azure Dynamics and its products, please visit

    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

    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
    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: ON AZURE, CONTACT: Mike Elwood, Vice President
- Marketing, (905) 607-3486 x203, Email:; Jay
Sandler, Vice President - Sales, (248) 298-2403 ext 1205, Email:; Patrick Liebler, Liebler Group, (248) 229-4418,

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