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Azure Dynamics Announces 29 Transit Connect Electric Sales

OAK PARK -- The hybrid and electric powertrain developer Azure Dynamics Corp. (OTC: AZDDF) Monday announced 29 new Ford Transit Connect Electric sales, including eight units in Europe and 21 units in North America, which includes a 3 unit reorder from Johnson Controls Inc.

"This follow-on order from Johnson Controls further demonstrates the value the Transit Connect Electric brings to customers who have shorter delivery routes and frequent stop and go driving conditions," said Scott Harrison, Azure's CEO.  "Fleet operators and small businesses worldwide increasingly recognize the value the Transit Connect Electric offers in helping them reduce cost and meet their environmental goals."

Azure is provides electric drive technology for light to medium-duty commercial fleet vehicles in North America and is the first authorized provider of electric and hybrid electric solutions on Ford's market leading light-and medium-duty commercial vehicles.

"With these new orders, our global Transit Connect Electric sales exceed $29 million in less than 12 months of production," Harrison said. "And, our network of over 150 Ford dealers continues to drive our sales growth while providing outstanding service for our customers."

Azure has agreements with more than 150 Ford commercial truck dealerships in key markets across North America, 90 of which support sales and service activities for Transit Connect Electric and in six countries throughout Europe representing 13 dealerships with 57 store locations.

The 29 Transit Connect Electric vans announced Monday were sold to a variety of customers across North America and Europe as well as to a number of Ford commercial truck dealers who will use the vans as customer demonstrators to increase awareness and appreciation of the product. These sales include:

* Van Bortel Ford in Rochester, N.Y.
* Verizon Wireless through Stoneham in Stoneham, Mass.
* Mission Valley Ford in San Jose, Calif. (2 units)
* Hawk Ford in Oak Lawn, Ill.
* Harris Ford in Lynnwood, Wash. (2 units)
* Metro Motors Ltd. in Port Coquitlam, B.C. (2 units)
* National Renewable Energy Lab through Phil Long Ford in Colorado Springs, Colo.
* Boyer Ford in Minneapolis, Minn.
* Johnson Controls through Sutton Ford in Matteson, Ill. (3 units)
* Oak-land Ford in Oakville, Ontario
* Frontier Ford in Santa Clara, Calif. (2 units)
* Tuttle-Click Ford in Irvine, Calif.
* City of Santa Monica through Trans West Ford in Fontana, Calif.
* Giant Eagle through Shults Ford in Wexford, Penn. (2 units)
* Scottish authorities (5 units) and police forces (1 unit) through AM Phillip located in Forfar, Scotland
* Property service and maintenance company through Ardea located in Rotterdam, Netherlands (2 units)

The Transit Connect Electric utilizes an advanced lithium-ion battery from Johnson Controls to achieve a range of 50 to 80 miles depending on auxiliary usage and drive cycle and is rechargeable using either a 240-volt or standard 120-volt outlet. Commercial vans generally return to a central location at the end of each driving cycle making for easy overnight recharging. Use of the vehicles will also reduce fuel and maintenance costs, as well as reducing greenhouse gas emissions.

More at www.azuredynamics.com.

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