UQM Technologies Receives Propulsion System Order

FREDERICK, Colo.--UQM Technologies, Inc. (AMEX:UQM), a developer of alternative energy technologies, announced today that it has received an order from Quantum Fuel Systems Technologies Worldwide, Inc. for propulsion systems to be used on a diesel hybrid electric version of the U.S. Army’s Alternative Mobility Vehicle (AMV) “Aggressor”. The “Aggressor” vehicle is a high performance light-duty off-road hybrid electric vehicle being developed by Quantum for the U.S. Army’s Tank Automotive Research, Development and Engineering Center, National Automotive Center.

Quantum will integrate UQM® propulsion motors and electronic controls into its advanced JP-8 compatible, diesel hybrid electric propulsion system to be used in pre-production prototype vehicles, which will be tested and evaluated by selected commands to assess mission suitability, supportability, performance objectives and guidance on final vehicle configuration.

“We are pleased to be selected by Quantum for this important military program,” said William G. Rankin, UQM Technologies’ President and CEO. “Diesel electric hybrids represent a growing opportunity for our company and the Aggressor vehicle is an ideal platform to showcase the technology advantages of our products.”

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.