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Iacocca Selects Unique Mobility CEO for EVG Board

20 August 1997

Iacocca Selects Unique Mobility CEO for EVG Board

    LOS ANGELES, Aug. 20 -- Lee Iacocca, founder and CEO of EV
Global motors company (EVG), announced today his selection of Ray A. Geddes as
a board member.
    Ray A. Geddes currently serves as Chairman and Chief Executive Officer of
Unique Mobility, Inc. (Amex: UQM), the company which has formed a strategic
partnership with EV Global to develop electric drive systems for light
electric vehicles.
    After joining Ford Motor Company in 1961 as Sports Car Manager, Geddes was
responsible for several high performance programs, including the World
Championship Shelby Cobra, Mustang GT35O and GT500 and the mid-engine Ford GT
LeMans racer.  Geddes was also Executive Vice President of Ford's Italian
product development group which included the Ghia Studios, Carrozzeria Vignale
and DeTomaso Automobili, manufacturer of the mid-engine Pantera sports car.
In addition, Geddes has been President of Gran Turisimo, Inc., as well as a
product and marketing consultant to Ford Motor Company, Chrysler Corporation,
Shelby American and Officine Alfieri Maserati S.P.A.
    Geddes is also Chairman of the Board of Taiwan UQM Electric Co., Ltd.;
Treasurer and a Director of the Electric Vehicle Association of the Americas;
a member of the International Steering Committee and Program Chairman for the
14th International Electric Vehicle Symposium; and a Director of the
Washington D.C. based International Institute for Electric Transportation.
    Lee Iacocca commented, "Ray and I worked together for twenty years on
several exciting projects and I have the greatest respect for the skill and
expertise he brings to our new company."
    Added Geddes, "I welcome this opportunity to work with Lee again, and now
to help jumpstart the electric vehicle industry which will advance
transportation worldwide."
    EVG is a company formed to develop and market Light Electric
Transportation Systems (LETS).  The company plans to design and market two-and
three-wheel, single and multi-passenger vehicles powered by clean and quiet
electric drive systems, with the first product introduction scheduled for
1998.

SOURCE  Unique Mobility, Inc.