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Unique Mobility, Inc. Announces New Customer Order of $1.1 Million

23 March 1999

Unique Mobility, Inc. Announces New Customer Order of $1.1 Million at Its Franklin Manufacturing Unit

    GOLDEN, CO, March 23 -- Unique Mobility, Inc. (Amex: UQM)
announced today that its wholly-owned subsidiary, Franklin Manufacturing
Company, has received orders of $1.1 million from the North American unit of
an international maker of elevators and other people moving products.
    The order encompasses both wire harnesses and printed circuit board
assemblies used in the customer's newly introduced hydraulic control system.
The hydraulic control system serves as the "brain" of an elevator controlling
all functions of its operations from the opening of doors to start and stop
positioning.
    "The addition of this important customer is a significant example of our
strategy to form strategic relationships with leading companies who seek
value-added production engineering support in addition to high quality, low
cost manufacturing capability" said Michael G. Franklin, President of Franklin
Manufacturing.  "Our selection as a strategic supplier by this customer
represents their consolidation of  purchasing activities from numerous vendors
to Franklin, which we believe, will greatly enhance our ability to provide
them with integrated solutions".
    "Our Franklin  unit continues to expand its capability to meet customer
needs and, as a result, order growth continues to expand at a brisk pace"
said William G. Rankin, Unique's President and Chief Operating Officer.  "With
the acceptance of this order, Franklin's booked orders for the fiscal year
beginning April 1, 1999, have topped $13.2 million versus $9.8 million at this
time last year, and we expect additional orders throughout the upcoming year".
    Unique Mobility, Inc., is a leading developer and manufacturer of power
dense, high efficiency motors, and gear, electronic  and wire harness
assemblies for the aerospace, telecommunications, automotive, medical and
industrial markets.  The company is headquartered in Golden, Colorado, with
manufacturing facilities in Frederick, Colorado (electric motors and precision
gears) and St. Charles, Missouri (electronic assemblies and wire harnesses).
    This release may contain forward-looking statements that involve risks and
uncertainties.  These statements may differ materially from actual future
events or results.  Readers are referred to the Risk Factors section of the
Registration Statement on Form S-3 (File No. 333-67313) filed by Unique with
the SEC, which identifies important risk factors that could cause actual
results to differ from those contained in the forward-looking statements,
including Unique's history of operating losses, its ability to obtain
additional financing, competition, the Company's ability to integrate acquired
businesses into existing operations, Unique's ability to protect its
proprietary information, Year 2000 issues and Unique's limited experience in
manufacturing processes and procedures and marketing and distribution.