Azure Dynamics Corp AZDDQ

Consumer Cyclical Auto Parts

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.

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Azure Dynamics Corp

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Post by whatyouthinkon Jun 01, 2009 8:59pm

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Post# 16034935

CEO's reference to shareholders

“We are well positioned in the market and customers are coming to us. We think 2009 will be a good year and we have a story that will excite our shareholders at the meeting.”

To hear this from a CEO is quite rare. Normally he would say "excite our customers".

I guess he means that business is very good. The future looks AWESOME... check this out ... we have signed a deal with ...

I bet he predicts, based on contracts that 2010 will be stellar!

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