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Azure Dynamics Announces E-Series Hybrid Agreement With Ford

October 10, 2006

TORONTO – Azure Dynamics Corporation, a developer of hybrid-electric and electric powertrains for commercial and military vehicles, has signed an agreement with Ford Motor Company to enable Azure to develop a hybrid-electric powertrain for Ford’s E-series commercial platform. Azure will be responsible for the development of the parallel hybrid-electric gasoline system that will be applied to Ford’s E-series commercial vehicles. The company will also be the vehicle modifier and complete the hybrid modification on the E-350 and E-450 commercial chassis. Ford will provide Azure with assistance to facilitate the development of the hybrid-electric powertrain.
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