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Unique Mobility, Inc., Announces First Quarter Results

14 August 1997

Unique Mobility, Inc., Announces First Quarter Results

    GOLDEN, Colo., Aug. 14 -- Unique Mobility, Inc. (Amex: UQM)
announced today operating results for the quarter ended June 30, 1997.  The
Company reported a net loss of $245,348 or $0.02 per common share on total
revenue of $1,257,162 versus a net loss of $633,498 or $0.06 per common share
on total revenue of $635,587 for the comparable quarter last year.
    Unique Mobility, Inc. is one of the world's leading developers of energy
efficient electric and hybrid electric vehicle systems.  It is a Golden,
Colorado, based engineering concern and manufacturer of high efficiency
permanent magnet motors and controls for automotive, aerospace and industrial
applications.


                                            Quarter Ended June 30,
                                            1997                1996

     Revenue:
       Contract services                $1,029,611             444,28l
       Product sales                       227,551             191,306
                                         1,257,162             635,587

     Cost and Expenses:
       Costs of revenue                  1,028,372             493,524
       Research and development             98,239             396,122
       General and administrative          316,761             268,441
       Other                                59,138             110,998
                                         1,502,510           1,269,085

     Net loss                           $(245,348)           (633,498)

     Net loss per common share              $(.02)               (.06)

     Weighted average number of shares
       of common stock outstanding      13,084,151          11,020,857


SOURCE  Unique Mobility, Inc.