Oak park
Azure Dynamics and RhneSelmer Target Up To 400 Transit Connect Electric Van Sales Annually in Norway
OAK PARK, Michigan, December 14, 2011 -
Azure Dynamics and RhneSelmer, Ford Motor Company's market leading dealer in Norway, sign a "Letter of Intent" to sell up to 400 Transit Connect Electric vans annually
RhneSelmer has placed 158 orders in its first nine months as a Transit Connect Electric dealership and sees continued strong demand in the Nordic Region
RhneSelmer's major customers include Norway Post (Posten Norge AS) and other major commercial customers
Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) ("Azure" or the "Company"), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium duty commercial vehicles, and RhneSelmer AS announced today that they signed a Letter of Intent (the "LOI") to enter into an agreement whereby RohneSelmer will import and distribute up to 400 Ford Transit Connect Electric vans annually. The LOI is not a purchase order, but rather sets in motion a collaborative effort to reach a definitive distribution agreement within the coming weeks to further develop the business in the Nordic Region.
OAK PARK, Michigan, December 13, 2011 -
Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) ("Azure" or the "Company"), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium duty commercial vehicles, today announced that its Transit Connect Electric van was rated by the U.S.
OAK PARK, Michigan, December 12, 2011 -
Global orders of Transit Connect Electric exceed $29 million since its introduction
New North American customers include wireless carrier, grocery chain, municipality, government facility and Ford Commercial Truck dealerships
New European customers include government authorities, police forces and private business
Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) ("Azure" or the "Company"), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium duty commercial vehicles, today announced 29 new Ford Transit Connect Electric sales, including eight units in Europe and 21 units in North America, which includes a 3 unit reorder from Johnson Controls, Inc.
OAK PARK, Michigan, November 14, 2011 -
Third quarter revenues up 579% to $12.4 million from $1.8 million, representing 272 units shipments
Q3 YTD revenues up 171% to $23.1 million from $8.5 million, representing 525 unit shipments
Q3 gross margin improves to 221% to $167,000 from ($138,000)
Q3 YTD orders for 2011 deliveries total $33.0 million, representing 719 vehicle orders
Reaffirms 2011 revenue range of $38 to $45 million - expects 2011 revenues to be at the lower-end of this range
Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium duty commercial vehicles, today announced its financial results for the periods ending September 30, 2011 and confirmed its 2011 financial outlook.
OAK PARK, Michigan, October 18, 2011 -
-AzureannouncesForddealerrepresentationforTransitConnectElectric
salesandserviceagreementsinBelgium,NetherlandsandSweden.
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- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
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