UQM Technologies Receives Additional Order From Eaton for Compressor Motors Used in Fuel Cells

FREDERICK, Colo., Feb. 13, 2007 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) , a developer of alternative energy technologies, announced today that it has received a follow-on order from Eaton Corporation, a Tier I supplier to automobile manufacturers worldwide, for additional UQM(R) compressor drive motors for use as part of Eaton's fuel cell air management product line.

Eaton's fuel cell product line consists of two product families; the M24 line which is an offshoot of its Roots-type supercharger technology and the centrifugal compressor product line based on proprietary two stage and single stage non-surging technologies. The M24 product has a dual seal configuration specifically engineered for fuel cells to provide a low cost and durable solution for the atmospheric stack market and the mid-range stack market. The centrifugal compressor product uses two back-to-back impellers driven by a common shaft with an external stage-to-stage transfer tube to improve efficiency over a wide operating range and is designed to meet the needs of higher pressure stacks up to a pressure ratio of 2.8. The centrifugal compressor product has the highest system efficiency of any product available on the market.

Fuel cells combine hydrogen fuel with oxygen from air to create electricity without combustion and require auxiliary systems that manage the flow of gases into the fuel cell. Because auxiliary systems, such as the air handling system inside the fuel cell, consume a portion of the electricity produced by the fuel cell, improvements in the efficiency of auxiliary systems enhances the energy efficiency of the fuel cell and the automobiles that are powered by them. The lightweight and compact UQM(R) motor operates at 24,000 revolutions per minute and is highly efficient.

"We are pleased that Eaton Corporation, a world leader in the design and manufacture of compressors for a wide variety of applications, has expanded their requirements for UQM(R) motors to drive the compressors in their fuel cell blower product line. As a globally recognized expert in developing advanced engine air management technologies for the transportation industry, Eaton has developed innovative products that meet the air handling requirements of fuel cell developers and we are pleased that our highly efficient drive motors are part of these exciting products", said William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc.

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, plug-in hybrid electric and fuel cell electric vehicles, 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.

This 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 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 and the adequacy of our cash balances and liquidity to meet future operating needs. 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 30, 2007, which is available through our website at www.uqm.com or at www.sec.gov.