AZURE DYNAMICS LAUNCHES NORTH AMERICAN SHUTTLE BUS PROGRAM.

Azure Dynamics Corporation (TSX - AZD & LSE - ADC), Toronto, a leading developer of hybrid electric and electric powertrains for commercial and military vehicles, has launched a shuttle bus program in North America based on its G1 series hybrid powertrain product. Its first sale will be to The Bronx Overall Economic Development Corporation ("BOEDC"), to deliver five hybrid-electric, 20-passenger shuttle buses. The Bronx Clean Commuter Van Program is the first hybrid electric bus shuttle initiative in the borough.

The shuttle buses will employ the same chassis and ...