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Azure Dynamics Receives 27 Transit Connect Electric orders from FedEx Express, DTE and others
[May 25, 2011]

Azure Dynamics Receives 27 Transit Connect Electric orders from FedEx Express, DTE and others

(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 25 May 2011 Release date- 24052011 - Oak Park, Michigan - Azure Dynamics Corporation (TSX: AZD) (OTC: AZDDF), a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles, today announced 27 Ford Transit Connect Electric van sales, including a five unit sale to returning customer FedEx Express, a four unit sale to the City of Toronto, a three unit sale to DTE Energy, one of Michigan's largest energy suppliers, and 15 unit sales to various Ford commercial truck dealers.

'These new orders underscore several key drivers in the electric vehicle market expansion,' said Scott Harrison, Azure Dynamics CEO. 'Some major vehicle fleets like Azure customers' FedEx, AT&T, Canada Post, Post Norway, etc, are employing specific quantities of Transit Connect Electric vans to gain operational experience with the technology in advance of expected increased deployment.

Energy producers like Azure customers' DTE, SoCal Edison, NYPA, Xcel and others are using the vans to help them understand necessary energy production and distribution requirements related to the increasing national fleet of EV vehicles. Last, our Ford dealership partners are eager to meet interest from their customers who are seeking the operational benefits that the Transit Connect Electric promises.' At FedEx Express, the Transit Connect Electric will be part of one of the world's hardest working vehicle fleets providing fast and reliable delivery to more than 220 countries and territories. The five vans, ordered through Holman Ford Lincoln in Pennsauken, NJ, will further the FedEx goal of decreasing environmental impact in day-to-day operations.

DTE Energy, headquartered in Michigan and one of the nation's largest diversified energy companies, is dramatically and rapidly expanding its use of alternatively-fueled vehicles in its fleets. The three vans, ordered through Suburban Ford of Sterling Heights, MI, will join DTE's fleet are among the first pure EV vehicles that the company will employ. The City of Toronto, another returning Azure Dynamics customer, ordered four Transit Connect Electric vans through Eastcourt Ford Lincoln in Agincourt, ONT.

FedEx Express and the City of Toronto had previously acquired Azure's Balance TM Hybrid Electric drivetrain demonstrating that commercial fleet customers may deploy multiple alternative energy technologies to serve various fleet needs. The Balance TM Hybrid Electric has a 60% market share in the medium duty (Class 2c - 5) hybrid commercial truck market in North America.

An additional 15 Transit Connect Electric vans were sold to a variety of Ford commercial truck dealers who will use the vehicles as customer demonstrators to increase awareness and appreciation of the product with potential customers. These dealerships, representing locations across North America, include: Green Mountain Power though Heritage Ford, South Burlington, VT Johnson Controls through Heiser Ford Lincoln, Glendale, WI ThyssenKrupp Elevators through Sutton Ford Lincoln Mercury, Matteson, IL University of Toronto through Oak-land Ford Lincoln, Oakville, ONT Westar Energy through Olathe Ford Lincoln (2 units), Olathe, KS Folsom Lake Ford, Folsom, CA Gary Yeomans Ford Lincoln Mazda, Daytona Beach, FL Mission Valley Ford, San Jose, CA Midway Ford Truck Center, Kansas City, MO Pearson Ford, Zionsville, IN Sanderson Ford, Glendale, AZ Suburban Ford, Sterling Heights, MI Trans-West Truck Center, Fontana, CA Van Bortel Ford Inc, East Rochester, NY The Ford 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.

About Azure Dynamics Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) 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 a variety of partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions.

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Forward-Looking Statements Advisory Certain information included in this press release constitutes forward-looking statements and information and future-oriented financial information under applicable securities legislation and is provided for the purpose of expressing management's current expectations and plans for the future.

Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. More particularly, this press release contains statements concerning Azure's anticipated: business development strategy, customer orders, product deliveries, sales, revenue and revenue growth.

The forward-looking statements are based on a number of key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs and sales, 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 used to develop the forward-looking statements 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 numerous risks and uncertainties that contribute to the possibility that the projections and forecasts in the forward-looking statements will not occur and that actual performance or results could differ materially from those anticipated in the forward-looking statements.

These risks and uncertainties include, but are not limited to, the risks associated with Azure's stage of development, history of losses and lack of historical product revenues, uncertainty as to product development and sales milestones being met, product defect and performance risks, competition for capital and market share, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability and retention of management and key personnel, exchange rate and currency fluctuations, uncertainties relating to potential delays or changes in plans with respect to product development or capital expenditures, the ability of Azure to access sufficient capital on acceptable terms, and environmental and safety risks.

This is not an exhaustive list and additional information on these risks and other factors that could affect Azure's operations and financial results are included in reports on file with the Canadian securities regulatory authorities and can be accessed through the SEDAR website 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. Additionally, Azure undertakes no obligation to comment on the expectations of, or statements made by, third parties about Azure.

Contact: Juris Pagrabs Vice President Investor Relations Tel: (248) 298-2403 ext 7570 Email: Patrick Liebler Liebler Group Tel: 248-229-4418 Email: [Editorial queries for this story should be sent to] ((Comments on this story may be sent to (c) 2011 Electronic News Publishing -

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