UQM Technologies Introduces 150kW Propulsion System
June 19 2007 - 9:30AM
PR Newswire (US)
FREDERICK, Colo., June 19 /PRNewswire-FirstCall/ -- UQM
Technologies, Inc. (AMEX:UQM) announced today that it has developed
and is taking orders for a new 150 kW (200 horsepower) peak power
UQM(R) proprietary permanent magnet propulsion system. The new
propulsion system is suitable for high performance automotive
applications and heavy-duty commercial and military vehicles. The
propulsion system has a continuous power rating of 100kW (143
horsepower), delivers peak torque of 650 N-m (480 ft-lbs) and
continuous torque of 400 N-m (295 ft-lbs) and has the highest power
density of any of our propulsion systems. The system also features
optimized four-quadrant performance, on-the-fly torque, speed and
voltage control and system energy efficiency of over 90 percent
over substantially all of its performance regime. "This system will
allow us to pursue additional market opportunities for those
vehicle platforms with higher power requirements that we were
previously unable to service," said Jon Lutz, Director of
Engineering for UQM Technologies, Inc. "We are confident that this
system will be well received by a wide range of potential customers
who have not yet had the opportunity to experience the exceptional
torque delivery, performance and efficiency of a UQM(R) propulsion
system in their vehicle development programs." 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, plug-in hybrid
electric and fuel cell electric vehicles, 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/.
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 the development of markets for
our products and the adequacy of our cash balances and liquidity to
meet future operating needs. Important Risk Factors that could
cause actual results to differ from those contained in the
forward-looking statements are contained in our Form 10-K filed May
17, 2007, which is available through our website at
http://www.uqm.com/ or at http;//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.uqm.com/
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