UQM Technologies Receives Production Order From Southwest Windpower For Wind Turbine Electronic Controls

FREDERICK, Colo., June 4 -- UQM Technologies, Inc. (AMEX:UQM) , a developer of alternative energy technologies, announced today that its wholly-owned subsidiary, UQM Electronics, Inc., has received an order from Southwest Windpower, Inc. for the production of electronic controls to manage the operation of its wind turbines. Southwest Windpower, Inc. is a leading provider of small wind turbines and related accessories for the residential and commercial markets. Based in Flagstaff, Arizona, Southwest Windpower markets a complete line of wind turbines with peak outputs of 400 watts to 3000 watts under the trade names Whisper(R), Air(R) and Air-X(R).

Commenting on the order, William G. Rankin, UQM Technologies' President and Chief Executive Officer said, "Southwest Windpower has long been recognized as the world's leading producer of small wind turbines and we are pleased to add them to the roster of industry leading customers who have placed orders with us for their electronic product requirements."

David Calley, President of Southwest Windpower, Inc. said, "UQM Technologies, Inc. was selected as a producer of our electronic controls based on their extensive experience as a developer and manufacturer of electronic products for a variety of demanding applications and their ability to deliver high quality products at extremely competitive pricing."

UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including power systems for electric, hybrid electric and fuel cell electric vehicles, 42 volt under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications. The Company's headquarters, engineering and product development center and motor manufacturing operation are located in Frederick, Colorado. Its electronic products manufacturing facility is located in St. Charles, Missouri. For more information on the Company, please visit its worldwide website at www.uqm.com .

Southwest Windpower, Inc. is a leading provider of small wind turbines with maximum power output ratings of up to 3000 watts for residential, commercial and marine applications. Located in Flagstaff, Arizona, Southwest Windpower sells its industry leading products through distributors worldwide under the trade names Whisper(R), Air(R) and Air-X(R). For more information on the Company, please visit its worldwide website at www.windenergy.com .

This press release contains statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this press release and include statements regarding our plans, beliefs or current expectations, including those plans, beliefs and expectations of our officers and directors with respect to, among other things, the development of markets for our products. Important risk factors that could cause actual results to differ from those contained in the forward-looking statements include our ability to be profitable, our ability to obtain additional financing, our reliance on major customers and suppliers, our ability to commercialize our products, our ability to manage growth and the possibility that product liability insurance may become unavailable to us.