Odyne Corp Announces Sales & Marketing Alliance with Nassau Suffolk Truck for New York Tri-State Region

HAUPPAUGE, N.Y.--Odyne Corporation (OTCBB:ODYC) today announced that it has entered into a sales and marketing agreement with Nassau Suffolk Truck, a leading regional medium and heavy duty truck fleet services firm, located in Hauppauge, New York. Under the terms of the agreement, Nassau Suffolk Truck will be responsible for selling and installing Odyne’s Plug-In Hybrid systems into existing vehicles, as well as providing after-sales service. Nassau Suffolk Truck’s customers include municipalities, corporations and private companies throughout the New York tri-state area. Nassau Suffolk Truck will have exclusive coverage in New York City, Long Island, six counties in upstate New York (Westchester, Rockland, Putnam, Duchess, Orange and Green), Connecticut and New Jersey.

Air quality concerns in the northeast and stricter USEPA emissions standards necessitate innovative clean fuel vehicle solutions, which Odyne’s proprietary hybrid electric propulsion technology can provide. The relationship with Nassau Suffolk truck brings this cutting edge solution directly to fleet users.

“This agreement leverages the marketing reach and established client base of Nassau Suffolk Truck, bringing the Odyne technology to a wide range of municipal and commercial customers. In addition, Nassau Suffolk Truck’s extensive service background will provide our customers with an added level of confidence,” says Odyne CEO Roger M. Slotkin.

Kirk Lombardi, President of Nassau Suffolk Truck believes “It’s a WIN-Win! By adding Odyne’s Plug-In Hybrid technology to our bundled services, our friends and customers will be able to benefit from the advantages of hybrid technologies – the cost savings on fuel and maintenance, while helping protect the environment and meet new emission standards. The Plug-In Hybrid is now a reality for commercial trucks, and offers a very attractive value proposition for our customers.”

About Odyne Corporation

Odyne Corporation is a clean technology company that develops and manufactures propulsion systems for advanced Plug-in Hybrid Electric Vehicles for medium and heavy-duty trucks and buses by integrating its proprietary electric power conversion, electric power control and energy storage systems with a range of off-the-shelf components including electric motors and storage batteries. Odyne’s Plug-in Hybrid Electric Vehicle systems are series configuration hybrids that offer customers significant advantages when compared to the more familiar parallel architecture found in hybrid passenger cars. Odyne’s environmentally friendly and cost-effective Plug-in Hybrid Electric Vehicle systems allow vehicles to operate at lower costs and with lower vehicle emissions.

About Nassau Suffolk Truck

The company currently provides truck mechanical, body repairs – welding, refurbishing, fabrication and painting to municipalities, Fire Departments, Food & Beverage Companies, Bus Companies, Building, Oil Moving & Storage, Rental Fleets and Utility companies in the Tri-State area. Other add on equipment it promotes and sells to fleet customers are InterFleet – GPS Tracking System, snow removal equipment and customized truck bodies. In February, 2006 Nassau Suffolk Truck launched its new Armored Truck Division “Armor King,” creating an armored truck sales, service and warranty center for one of the largest manufacturers of armored vehicles “Supreme Armored”, selling Armored Cash & Coin Trucks, Vans, SUV’s, SWAT and Tactical Trucks.

Nassau Suffolk Truck is a proud member of the Greater Long Island Clean Cities Coalition, American Public Works Association, Long Island Sanitation Officials Association, Society of Fleet Supervisors, Suffolk Highway Superintendents Association, and the National Defense Industry Association. It is located at 59 Gilpin Avenue, Hauppauge, NY 11788. For more information, contact Ann Marie Domino: Telephone: 631-232-3553 Fax: 631-232-3233 or Email: nasufht@verizon.net

Forward-Looking Statements

This news release contains certain “forward-looking statements,” related to the business of Odyne which can be identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product development and commercialization, regulatory actions or delays, the ability to obtain or maintain patent and other proprietary intellectual property protection, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the U.S. Securities and Exchange Commission. Odyne is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.