UQM Technologies, Inc. (NYSE Amex:UQM) continues its
participation in prominent investor and technical conferences, detailing
the latest developments at the company and providing updates on its
opportunities in the growing market for clean vehicle components. Mr.
French’s presentation at the Stifel Nicolaus Cleantech Conference will
be on Tuesday, May 24, 2011 at 11:25 a.m. Eastern Time, at the Omni
Berkshire Place Hotel in New York City. The conference is organized to
provide perspective and insight for investors about clean technology
companies and the growing market for their innovative products.
"We are building on our past business relationships and adding companies
such as Audi, Saab and Rolls-Royce to the list of electric propulsion
system customers,” said Mr. French. "At the Stifel Nicolaus Cleantech
Conference, I’ll share specifics of how we are preparing our
organization to grow in the dynamic marketplace for clean vehicle
technologies.”
UQM has 40,000 units of annual production capacity for its PowerPhase
Pro® electric propulsion systems to support the commercial launch of
CODA Automotive and other customer vehicles. In the larger vehicle
market, UQM is powering Proterra’s electric and hybrid electric
composite transit buses, and Electric Vehicles International’s
all-electric medium-duty truck and walk-in van. UQM Technologies
electric propulsion systems are also powering the Saab 9-3 ePower and
Audi A-1 e-tron pre-production test fleets, and a UQM PowerPhase®
propulsion system was recently selected by Rolls-Royce to power its
102EX Electric Phantom.
UQM Technologies is a developer and manufacturer of power-dense,
high-efficiency electric motors, generators and power electronic
controllers for the automotive, aerospace, military and industrial
markets. A major emphasis for UQM is developing products for the
alternative-energy technologies sector, including propulsion systems for
electric, hybrid electric, plug-in hybrid electric and fuel cell
electric vehicles, under-the-hood power accessories and other vehicle
auxiliaries. UQM headquarters, engineering, product development center
and manufacturing operation are located in Longmont, Colorado.
Please visit www.uqm.com
for more information.
This Release contains statements that constitute "forward-looking
statements” within the meaning of Section 27A of the Securities Act and
Section 21E of the Securities Exchange Act. These statements appear in a
number of places in this Release and include statements regarding our
plans, beliefs or current expectations, including those plans, beliefs
and expectations of our officers and directors with respect to, among
other things, orders to be received under our supply agreement with CODA
Automotive, our ability to successfully expand our manufacturing
facilities, and the continued growth of the electric-powered vehicle
industry. Important Risk Factors that could cause actual results to
differ from those contained in the forward-looking statements are
contained in our Form 10-Q filed February 1, 2011, which is available
through our website at www.uqm.com
or at www.sec.gov.
