AZURE DYNAMICS SIGNS PACT WTH STARTRANS FOR HYBRID BUS.

Azure Dynamics Corporation, Toronto, Canada, (TSX: AZD & LSE: ADC), a leading developer of hybrid electric and electric powertrains for commercial and military vehicles, has signed a definitive supply agreement for the production of hybrid shuttle buses with StarTrans, a business division of Supreme Corporation (AMEX: STS) and one of North America's leading commercial bus manufacturers. The Companies had previously announced a Memorandum of Understanding ("MOU").

Under terms of the agreement, Azure will provide StarTrans with hybrid cab-chassis on which StarTrans ...