UQM Technologies CEO William G. Rankin to Present at the Next Generation Energy Conference in New York City May 3, 2005

FREDERICK, Colo., April 14 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) , a developer of alternative energy technologies, announced today that it's Chief Executive Officer, William G. Rankin, will make a presentation at the Merriman Curhan Ford & Co.'s Next-Generation Energy Conference on Tuesday, May 3, 2005 at 2:30 p.m.

Mr. Rankin will give an overview of UQM Technologies and its role and opportunities as a developer and producer of energy efficient motors, generators and power electronic controls for a variety of alternative energy sector products and applications including distributed power generation, electric, hybrid electric and fuel cell electric vehicles.

The Next-Generation Energy Conference will provide those attending an opportunity to listen to senior executives from leading alternative energy companies discuss how they are commercializing alternative energy technologies such as distributed power, solar power, fuel cells, photovoltaics and wind power. The one-day conference will be held at the St. Regis Hotel in New York City. Additional details about Merriman Curhan Ford & Co.'s Next Generation Energy conference can be viewed at www.mcfco.com/nge/.

An audio/visual webcast of Mr. Rankin's remarks at the conference will be available live at www.wsw.com/webcast/mcm1/uqm/ or can be accessed through the company's website at http://www.uqm.com/investor/newsroom.html.

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 propulsion 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. For more information on the Company, please visit its worldwide website at www.uqm.com.

Merriman Curhan Ford & Co. is a securities broker-dealer and investment bank focused on fast growing companies and growth-oriented institutional investors. It provides investment research, brokerage and trading services primarily to institutions, as well as advisory and investment banking services to corporate clients. Its mission is to become a leader in the researching, advising, financing and trading of emerging growth equities. Merriman Curhan Ford & Co. is registered with the Securities and Exchange Commission as a broker-dealer and is a member of the National Association of Securities Dealers, Inc. and SIPC.

MCF Corporation (AMEX:MEM) is a financial services holding company that provides investment research, capital markets services, asset management, wealth management, corporate and venture services, and investment banking through its operating subsidiaries, Merriman Curhan Ford & Co., MCF Asset Management, LLC, and MCF Wealth Management, LLC. MCF Asset Management, LLC and MCF Wealth Management, LLC are two recently formed businesses that are predicated on fee-based, recurring revenue models.

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 are contained in our Form 10-Q filed January 27, 2005 which is available through our website at www.uqm.com or at www.sec.gov.