Azure Dynamics Europe Signs Agreement with Hugo Pfohe Network of Ford Dealerships in Northern Germany

Oak Park, Michigan (ots/PRNewswire) -

Dealer to represent innovative Ford Transit Connect Electric to
commercial fleet customers

- The Hugo Pfohe GmbH network of 10 Ford dealerships in
Northern Germany will represent Transit Connect Electric with sales and
service agreement
- Ford Transit Connect Electric now available in Germany, Norway,
and U.K., with additional country announcements forthcoming
- European assembly and shipments of Transit Connect Electric vans
to begin this week

Azure Dynamics Corporation and Ford Europe announced today that
Hugo Pfohe GmbH will be the first German dealership group for sales
and service of the Ford Transit Connect Electric van. Transit Connect
Electric will be available through Pfohe's 10 Ford dealerships across
Northern German.

"With our European Transit Connect Electric manufacturing set to
commence this week, it's critical that we organize a network of Ford
dealerships for representation across Europe," said Ricardo Espinosa,
Azure's managing director in Europe. "The Pfohe Group has 90 years
experience successfully representing Ford products to private and
fleet customers and will be a valuable partner in presenting the
Transit Connect Electric to German commercial fleet customers."

Philip Pfohe, general manager of Hugo Pfohe GmbH, also serves as
the Chairman of the European Ford Dealer Association.

"It is vital that future transportation can be achieved in a more
environmentally positive manner," said Pfohe. "To our knowledge,
Transit Connect Electric is the best product in class to enable our
customers to achieve their transportation needs with the
environmental benefits of electric power. With a number of companies
interested in understanding the potential of Transit Connect
Electric, backed by German government support for electric vehicles
in general, we believe that this vehicle is being introduced at
exactly the right time."

With a unique combination of car-like driving dynamics, rugged
load capacity and low operating costs, the Transit Connect Electric
van is an ideal choice for German commercial fleet operators looking
to reduce operational costs and lessen their impact on the
environment.

German Chancellor Angela Merkel
[http://www.upi.com/topic/Angela_Merkel ] recently committed to
having one million electric cars on German roads by 2020.

Azure's strategy in Europe is to establish partnerships with
carefully selected Ford dealerships to offer high quality sales and
service activities in support of Transit Connect Electric. To that
end, Transit Connect Electric will now be available via Hugo Pfohe
stores in Hamburg (three stores), Schwerin (two stores), Bad
Segeberg, Norderstedt, Lübeck, Kiel and Oldenburg. Pfohe also
operates a fully-owned subsidiary in Bulgaria (Moto-Pfohe).

To create the Transit Connect Electric, Azure integrates its
proven Force Drive[TM]electric powertrain into the award-winning Ford
Transit Connect. Utilizing an advanced lithium-ion battery, Transit
Connect Electric can achieve a range of up to 80-130KM/50-80 miles on
a single charge and has a load capacity of 500kgs.

The Transit Connect Electric powertrain provides powerful
benefits for commercial vehicle users who have drive cycles that
often include predictable, short range routes with frequent
stop/start driving in city/urban environments.

Azure's manufacturing partner, Lotus Lightweight Structures, will
begin assembling and shipping Transit Connect Electric vans next week
from its plant in Worcester, UK. Completed vans will be shipped
throughout Europe. Post Norway was previously announced as Transit
Connect Electric's first European customer with a 20-van order.

For more information on how Azure Dynamics is Diving a World of
Difference, please visit http://www.azuredynamics.com.

About Azure Dynamics 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 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. For more
information please visit http://www.azuredynamics.com.

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For further information:

Gary Whittam, Azure Dynamics Europe, +44-(0)-1277-725-652 Email
gwhittam@azuredynamics.com

Juris Pagrabs, Vice President, Investor Relations,
+1-(248)-298-2403 ext 7570 Email: jpagrabs@azuredynamics.com

Patrick Liebler, Liebler Group, +1-248-229-4418 Email:
pat@lieblergroup.com

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