Odyne Corp CEO Speaking at Influential Seminars in Metropolitan New York- Alternative Fuels in the Carting Industry

HAUPPAUGE, N.Y.--Odyne Corporation (OTCBB: ODYC) CEO Roger M. Slotkin was a featured speaker at the kickoff event of the Greater Long Island Clean Cities 2007 Seminar Series, “Alternative Fuels in the Carting Industry.” Building on Odyne’s influence and experience in the use of hybrid drive-train technology for municipal waste and recycling vehicles from company projects in California and New York, Mr. Slotkin addressed local officials, carting industry executives, and environmental advocates on potential project applications.

Various vehicles were on display at the event, hosted by the Town of Huntington, including a municipal waste truck upfitted with Odyne’s hybrid electric technology for the Town of Hempstead. Also addressing those in attendance were local officials, including program managers for the largest compressed natural gas refuse fleet on the East Coast, the Town of Smithtown, which recently passed requirements mandating clean fuel refuse trucks for its entire fleet, and the Town of Brookhaven, another leader in clean, domestic fuel usage.

The event was well attended, and proved to be one of the most successful seminars held by the Clean Cities, a local clean fuel transportation advocacy group. “Both the attendance and interest exceeded our greatest expectations, and we made significant inroads into this untapped market for alternative fuels,” said GLICCC program Executive Director Andria Adler. Following this event, Mr. Slotkin addressed local sanitation officials and presented an overview of the use of hybrid technology at a meeting of the Long Island Sanitation Officials Association (LISOA). LISOA members have become well versed in clean fuel transportation issues through their multi-year association with the Greater Long Island Clean Cities Coalition. It is hoped that 2007 will continue the significant strides already made in the deployment of clean-fueled sanitation vehicles. Odyne’s fuel agnostic hybrid electric vehicle system allows the company to meet municipalities’ needs through flexibility of fuel and vehicle choices. The company’s technology can be applied to either new or existing vehicles. Significant benefits of the hybrid system include reduced fuel and maintenance costs, reduced pollution and lessening the use of foreign fuel sources.

Odyne’s CEO, Roger M. Slotkin remarked to both audiences: “Odyne’s technology offers a compelling alternative for fleet managers, both private and public, to conventional fuels that will offer the fleet manager significant improvements in operating efficiency, reductions in fuel consumption, reductions in operating costs (such as brake and engine maintenance) and very significant improvements in the reduction of emissions. This technology, which is available NOW, not at some indeterminate future date, also contributes to a reduced dependence on foreign oil.”

The company is expected to address a similar audience in New York City at a presentation on plug-in hybrid electric vehicles held in conjunction with Nassau Suffolk Truck of Hauppauge, New York.

Environmental concerns around the globe have created opportunity for businesses and investors with vision. The ongoing efforts to clean up sanitation fleets help bring these issues to the forefront for serious discussion and Odyne is pleased to be a part of this important initiative. With its proprietary battery management technology, unique systems architecture and a modular/scaleable configuration, Odyne is a cost-effective provider of cutting-edge solutions in this growing industry.

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.

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. Additionally, forward-looking statements regarding the timing of receipt of new customer orders and the subsequent timing of deriving revenue and profits from them, as well as the effects of those revenues and profits on the company’s margins and financial position, are uncertain because many of the factors affecting the timing of those items are beyond the company’s control. 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.