UQM UQM Technologies Inc

UQM Technologies Receives Order From Delphi Corporation for UQM(R) Motors and Controllers to Drive an Electric Air Conditioning Compressor for Use in a Hybrid Electric Vehicle FREDERICK, Colo., Feb. 8 /PRNewswire/ -- UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, announced today that it has received an order from Delphi Corporation (NYSE:DPH) for UQM(R) motors and motor controllers to drive an electric air conditioning compressor for a hybrid electric vehicle. "We are pleased that Delphi has selected UQM(R) hardware for their electric air conditioning program. The electrification of under-the-hood auxiliaries, such as air conditioning, provides efficiency, packaging and performance advantages over conventional belt-driven systems, which can contribute to improved fuel economy in an automobile. Our proprietary motors are ideally-suited for these applications, which we believe represent a significant opportunity for our company in both conventional and hybrid electric vehicles," said William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc. UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion systems for electric, hybrid electric and fuel cell electric vehicles, 42-volt under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications. The Company's headquarters, engineering and product development center, and motor manufacturing operation are located in Frederick, Colorado. For more information on the Company, please visit its worldwide website at http://www.uqm.com/. For more information about Delphi visit http://www.delphi.com/. This press 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 press 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 the development of markets for our products. 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 January 27, 2005 which is available through our website at http://www.uqm.com/ or at http://www.sec.gov/. DATASOURCE: UQM Technologies, Inc. CONTACT: John Baldiserra of BPC Financial Marketing, +1-800-368-1217, for UQM Technologies, Inc.; or Donald A. French of UQM Technologies, Inc., +1-303-278-2002 Web site: http://www.delphi.com/ Web site: http://www.uqm.com/

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