Azure Dynamics Corp AZDDQ

RE: All three of these on p12 are

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New Vehicle Technology Fund This has been a busy year for the NVTF with a number of innovative projects being demonstrated throughout 2004. In June, three vehicles were launched: ¡ A hybrid electric black taxi was launched in Trafalgar Square by London Taxis International and Azure Dynamics. This series hybrid black cab has the ability to run in zero emission mode and has the potential to reduce emissions by up to 50% in inner city operation. ¡ David Jamieson launched a new electric shuttle bus demonstrating state of the art Zebra battery technology in the city of Lincoln. The walk and ride bus service is specifically suited to the electric bus with its very low noise and zero emissions. The bus will be used to transport visitors up Steep Hill between the market and cathedral sectors of the city. By using innovative regenerative braking, the bus is able to recharge its batteries when descending the hill on the return trip. ¡ London Technology International also launched a range of innovative electric delivery vehicles. These concept vehicles have been specifically designed for inner city operation with very low noise and zero emissions in use. The design concept is adaptable for a number of different vehicle uses including a milk float, delivery vans and also a minibus.