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Azure Dynamics Corp AZDDQ

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.


GREY:AZDDQ - Post by User

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Post by jackylon Feb 08, 2011 7:43am
219 Views
Post# 18092245

Snowdawg(on Tuesday)

Snowdawg(on Tuesday)Your 100% correct about Tuesday being a typical NR day and there you go.

Azure signs sales agreements with 76 dealerships

2011-02-08 07:38 ET - News Release

Mr. Mike Elwood reports

AZURE DYNAMICS SIGNS SALES/SERVICE AGREEMENTS WITH 76 DEALERSHIPS

Azure Dynamics Corp. hassigned agreements with 76 additional dealerships to represent Azure'sinnovative products including the Transit Connect Electric and theBalance Hybrid Electric in key markets across North America.

The new agreements bring the total number of dealerships in the Azureprogram to 103. The dealerships are part of Azure's channeldistribution strategy which involves establishing partnerships withdealerships, body vendors, leasing agencies and other customer-facingbusinesses to represent (sell and/or service) Azure products to currentand potential customers. Many of the new dealerships will maintain aninventory of ready-to-deliver Ford Transit Connect Electric vans and/orBalance Hybrid Electric cube vans and walk-in vans.

"In just seven weeks since we posted an interactive dealership locationmap on the product section of our website, that page has been visitedmore than 37,000 times," said Mike Elwood, Azure vice-presidentmarketing. "This reflects the strong interest in the productsthemselves and underscores the many reasons dealerships are eager torepresent Azure products in the field."

Azure previously announced dealerships in major markets includingBoston, Los Angeles, Edmonton, Miami, Milwaukee, Minneapolis, SanAntonio and Toronto.

We seek Safe Harbor.

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