Azure Dynamics Corp AZDDQ

Consumer Cyclical Recreational Vehicles

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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Comment by bobo2000on Oct 27, 2005 12:24pm

199 Views

Post# 9775715

RE: WE should all rejoice tonight

Well, Grumpy, the news is a little better this day after a positive news announcement - it didn't lose ground. That is a minor breakthrough. Volume is quite small though so we'll see at end of day. It is also remaining even in the environment of a down day generally in the markets. There is hope yet.

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