Azure Dynamics Announces New European Dealerships

Oak Park, Michigan (ots/PRNewswire) -

- Azure announces Ford dealer representation for Transit Connect
Electric sales and service agreements in Belgium, Netherlands and
Sweden.

- Along with previously announced dealer appointments in U.K.,
Germany and Norway, Azure now has sales locations in six European
countries.

- By partnering with market-leading dealerships that often have
multiple store locations, Azure now has 13 European dealer
relationships with 57 distinct store locations.

- With European governments encouraging broader EV adoption,
Azure has dealerships in five capital cities.

Azure Dynamics Corporation ("Azure" or the "Company"), a world
leader in the development and production of hybrid electric and
electric components and powertrain systems for light and medium duty
commercial vehicles, today announced three new dealership sales and
service agreements for the innovative Ford Transit Connect Electric.
These new agreements bring additional sales and service locations in
Netherlands, Belgium and Sweden and increase the total dealership
locations in Europe to 57.

"We continue to receive strong demand for Transit Connect
Electric from various businesses throughout Europe," said Ricardo
Espinosa, Azure's managing director in Europe. "Each European country
has its own set of rules and regulations regarding sales and service
activity for new commercial vehicles. As we establish new
dealerships, Azure Dynamics and its Transit Connect Electric
essentially become 'open for business' for customers in each new
country."

"Further, Azure targets dealer partners who are established Ford
commercial vehicle leaders in strategically significant markets, each
of whom has experience of supplying to commercial and government
buyers - many of whom have already expressed an interest in acquiring
the innovative Transit Connect Electric. Therefore, Azure gains
access to new markets quickly and efficiently."

Azure's previously announced relationship with Oslo, Norway's
RhoneSelmer Ford dealership resulted in more than 150 vehicle orders
during its first five months of operation.

The new dealerships are:

- MVC Automotive Amsterdam B.V. located in Amsterdam,
Netherlands
- Aredea Auto B.V. with three dealerships in Rotterdam, Hoofddorp
and Amersfoort, Netherlands
- Upplands Motor Stockholm AB located in Stockholm Sweden
- Cegeac SA/NV located in Brussels, Belgium. Cegeac also adds
sales and service for customers in Luxembourg

With governments encouraging the adoption of electrified
transportation to lower both refueling costs and greenhouse
emissions, Azure Dynamics now has dealerships in the capital cities
of Amsterdam, Brussels, London, Oslo and Stockholm.

"The electric vehicle is at ease in city centers where the
majority of commercial delivery operations reside," said Thierry
Vanderschrick, MD at Cegeac. "With its size and load capacity and
strong reputation, along with the benefits of its electrified
powertrain, we believe Transit Connect Electric is the best available
solution for our customers in Belgium and Luxembourg wanting EV
commercial vehicles."

The conventional Transit Connect was first introduced in Europe
in 2002 and has conclusively proven itself to be a versatile vehicle
for real world commercial customers seeking its unique combination of
car-like driving dynamics, significant cargo capacity, accessibility
and dependability. The all-electric Transit Connect Electric began
production in Europe earlier this year and addresses Europe's high
energy costs while offering substantial environmental benefits for
society at large. Since the Transit Connect Electric was introduced
in North America in December 2010, Azure has received more than 460
orders for Transit Connect Electric worldwide.

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.

The TSX Exchange does not accept responsibility for the adequacy
or accuracy of this release.

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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
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More particularly, this press release contains statements
concerning Azure's anticipated: business development strategy,
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and assumptions concerning achievement of current timetables for
development programs and sales, target market acceptance of Azure's
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of labor and expertise, and evolving markets for power for
transportation vehicles. Although Azure believes that the
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are made as of the date hereof and Azure undertakes no obligation to
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For further information:

Gary Whittam,
sales and marketing director
+44(0)7562-767001
Email: gwhittam@azuredynamics.com
Patrick Liebler,
Liebler Group,
+1-248-229-4418
Email: pat@lieblergroup.com

(AZD. AZDDF)

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