OAK PARK, MI, May 6 /CNW/ - Azure Dynamics Corporation (TSX: AZD)(OTC:AZDDF) a leading developer of hybrid electric and electric technologies for commercial vehicles, will announce first quarter 2010 earnings on Wednesday, May 12th at approximately 4:30 p.m. eastern time. The company will also host a conference call at 5:00 p.m. eastern time that day to discuss first quarter 2010 earnings results with securities analysts and institutional investors. Interested listeners can access the call toll free at 1-800-941-4658. It is recommended that you access the call at least fifteen minutes before the scheduled start time.
Azure's earnings release and an accompanying presentation will be posted to the company's website, www.azuredynamics.com, immediately prior to the call. For those unable to participate in the live conference, a call replay will be posted on Azure's site on May 13th.
Azure Dynamics Corporation 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 on how Azure Dynamics products are Driving a World of Difference, please visit www.azuredynamics.com.
Note: Interested participants from outside North America can participate in the call by dialing 1-212-231-2922
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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 labor 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.
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For further information: For further information: ON AZURE, CONTACT: Patrick Liebler, Liebler Group, (313) 832-4376, Email: email@example.com