UQM Announces $1.13 Million in Additional Military Orders for Hybrid Electric Propulsion, Export Power Vehicle Applications

FREDERICK, COLORADO, OCTOBER 9, 2007 -- UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, announced today that during the last six months it has received orders for military customers totaling $1.13 million for propulsion systems, generators and funded engineering activities on hybrid electric vehicle programs and export power applications. These orders are in addition to previously announced orders during the same six months from the U.S. Air Force, the U.S. Navy, the Tank - Automotive and Armaments Command (TACOM) and Quantum Fuel Systems Technologies Worldwide, Inc. which collectively totaled $1.24 million.

Electric propulsion systems incorporated in hybrid electric vehicles deliver higher torque at low speed which translates into improved obstacle and grade climbing capability. These vehicles also have superior high speed performance which enables pursuit, dash and evasive maneuvers and on-road convoy transport. Hybrid electric vehicles can also operate in battery power only mode enabling stealth operation with minimal heat signature, have significant on-board electric power generation capability and have improved fuel efficiency in excess of 30 percent depending on the vehicle driving cycle.

Military export power programs are primarily focused on the generation of significantly higher amounts of electric power onboard both conventional diesel powered vehicles and hybrid electric vehicles currently under development. The military requires additional electric power on the battlefield for command and control centers, medical equipment, construction equipment, battery charging, and air conditioning, among other electrical loads. This electric power need is currently being met with towed generator systems rated from 5 to 200 kW, weighing from 900 to 10,000 lbs. With the emergence of advanced motors, generators and power electronics that are being applied within both hybrid and conventional engine-driven vehicles, the military is moving toward the adoption of systems that can supplement or replace the power produced currently by these towed generator sets, providing more mobile power generation systems.

“The military continues to aggressively pursue electric and hybrid electric variations of many of the most common vehicle platforms currently used by the military as well as concept vehicle platforms being developed as part of the Future Combat Systems initiative,” said William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc. “High level military personnel are encouraging their vehicle producers to engage innovative companies to assist them in integrating export power systems into their vehicles with an urgency similar to the up-armor efforts initiated over the last few years. We are pleased that the military continues to be a significant customer for our proprietary technology and we are looking forward to the prospect of this type of product moving into commercial production.”

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 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-Q filed July 26, 2007, which is available through our website at www.uqm.com or at www.sec.gov.

Source: UQM Technologies

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