Automotive Executive Joins Azure Dynamics' Board of Directors

OAK PARK, Michigan, April 17 -- Azure Dynamics Corporation (TSX: AZD & LSE: ADC) ("Azure" or the "Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, announced today the appointment of James C. Gouin to its Board of Directors, subject to normal regulatory approvals and procedures. Gouin recently joined Tower Automotive LLC as Chief Financial Officer following a distinguished career at Ford Motor Company ("Ford").

"Jim Gouin's financial expertise is well known and respected throughout the automotive industry and his broad based business achievements in finance and industry are matched by his reputation of being an excellent team player and strong communicator," said D. Campbell Deacon, Chairman of Azure Dynamics. "Jim's financial expertise and international business experience will be of real benefit to the Board and management as Azure continues to aggressively penetrate commercial markets this year."

"Azure Dynamics is poised to be a major player and a successful competitor in the emerging market for hybrid electric and electric commercial vehicles," Gouin said. "They have perfected their technologies, are capitalizing on their target markets such as delivery vans and shuttle buses, and have the right executive team in place to maximize the outstanding growth opportunities they are currently experiencing."

Gouin's extensive career in the automotive industry started in 1979 when he joined Ford as an analyst in the engine division. During his 28 year Ford career, Gouin served in a number of senior management positions including: Vice President, Controller, Chief Accounting Officer during the company's first year of Sarbanes-Oxley compliance and Chief Financial Officer of North American Operations. His last position with Ford was as Vice President, CFO, Strategy & Business Development of International Operations.

Gouin holds a Bachelors of Science in Business Administration from the Detroit Institute of Technology, an MBA in Finance from the University of Detroit/Mercy and an Accounting Diploma from St. Clair College, Windsor, Ontario. Gouin currently serves as a member of the Board of Directors and Treasurer of Vista Maria, a Detroit based, non-profit organization dedicated to the survival and education of troubled young women and also acts as a member on the Board of Trustees and Executive and Finance Committee of the University of Detroit/Mercy. Gouin was formerly a member of the Board of Directors for Volvo Car Corporation in Goteborg, Sweden from 2003-2007 and Ford Motor Credit Corporation from 2005-2007.

There is no other information pursuant to the appointment of Mr. Gouin (48) which is required to be disclosed under Schedule Two, Annex III (g) of the AIM Rules.

About Azure Dynamics

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Azure Dynamics Corporation (TSX: AZD) (LSE: ADC) 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 please visit AZURE.