CANADA POST BECOMES FIRST CUSTOMER FOR AZURE DYNAMICS AND FORD OF CANADA'S TRANSIT CONNECT ELECTRIC VAN

Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) ("Azure" or the "Company"), the fast growing hybrid electric and electric power train innovator for the commercial truck market, and Ford Motor Company of Canada, Limited, announced today that they will deliver one of the first Transit Connect Electric commercial vans to Canada Post under the LEAD customer program. Canada Post will receive one of the exclusive Ford Transit Connect Electric delivery vehicles by the end of this year and has committed to the purchase of nine more by end of 2011.

"Canada Post is the first Canadian company to sign on to this exclusive and innovative vehicle program aimed at providing environmental solutions to the commercial delivery market," said Scott Harrison, Azure Dynamics CEO. "The transformative technology of the Transit Connect Electric reduces gasoline fuel costs to zero, produces no tailpipe emissions and is virtually silent as it travels through urban and suburban delivery routes. The progressive attitude of companies like Canada Post will contribute to making an important environmental impact."

The new van's electric drive performance attributes are well suited to fleets like Canada Post that have duty cycles characterized by predictable routes with frequent stop and go driving and high idle time.

"As one of the largest communications and logistics companies in Canada, we're proud to be among the first to implement a fully electric delivery vehicle on our roads," says Doug Jones, Senior Vice President, Operations at Canada Post. "We expect that this new vehicle will bring us one step further along our path to reduce both our overall fuel emissions and our carbon footprint on the environment."
The Transit Connect Electric integrates Azure's Force Drive™ electric powertrain into Ford's dedicated global commercial van platform that received the 2010 North American Truck of the Year award. Its unique combination of car-like driving dynamics, cargo capacity, maneuverability, accessibility and low operating costs are characteristics that make the Transit Connect an ideal choice for electrification.

"At Ford, we are dedicated to delivering quality, safe and fuel efficient vehicles to Canadian businesses – and the Ford Transit Connect delivers on all fronts," said David Mondragon, president and CEO, Ford of Canada. "The Ford Transit Connect Electric represents a win-win for both the environment and for Canada Post – it allows them to operate a more environmentally-friendly vehicle while helping to reduce their CO2 emissions as well as their need for gasoline."

The Ford Transit Connect Electric utilizes an advanced lithium-ion battery from Johnson Controls-Saft to achieve a range of up to 130 km (80 miles) on a single charge and is rechargeable using either a 240-volt or standard 120-volt outlet. Commercial vans generally return to a central location at the end of each driving cycle making for easy overnight recharging.

Mitsubishi Motor Sales of Canada, a Division of Mitsubishi Motors Corporation, and Hydro-Québec Partner in Canada's Largest Electric Vehicle Project

itious undertaking will put up to 50 i-MiEV all-electric cars on Boucherville roads

Mitsubishi Motors Corporation (MMC) announced an unprecedented collaboration by its Canadian unit Mitsubishi Motor Sales of Canada Inc. (MMSCAN) and Hydro-Québec that will put up to 50 zero-emission all-electric i-MiEV passenger cars on the streets of the City of Boucherville, an independent municipality and a suburb of Montreal, in the largest Canadian project ever fielded to integrate, test, and evaluate all-electric vehicles on urban streets under real-world conditions.

Announced also at the Montreal International Auto Show, the pilot program will expose fleet drivers from Boucherville, Hydro Québec, and other approved companies to the Mitsubishi i-MiEV all electric minicar, in both fall and winter urban conditions.

"We are very proud to be leading the way to a greener and more sustainable future by developing environment-friendly vehicles, fueled by clean, renewable energy," said Koji Soga, president and CEO of MMSCAN. "Mitsubishi Motors is a leader in electric car development and the i-MiEV represents the pinnacle of our green technologies. In the same sense, Hydro-Québec and the City of Boucherville are demonstrating their environmental leadership by participating in this unique initiative."

Hydro-Québec President and CEO Thierry Vandal said that the project is a vital element in the company's commitment to environmental stewardship. "Hydro-Québec is committed to reducing greenhouse gas emissions by playing a key role in the electrification of transportation. This trial is designed to study the vehicles' charging behaviour, driving experience as well as overall driver satisfaction. It will also allow Hydro-Québec to evaluate the challenges involved in integrating electric vehicles into its grid."

"This is a truly exciting project for the City of Boucherville," said Boucherville Mayor Jean Martel. "We look forward to participating alongside our leading local businesses to help Hydro-Québec and Mitsubishi gather meaningful data."

About Mitsubishi Motor Sales of Canada
Mitsubishi Motor Sales of Canada Inc. is committed to green technologies and Mitsubishi Motors Japan, is a world leader in electric car research and development. For further information, visit www.mitsubishi-motors-pr.ca

About Hydro-Québec
Hydro-Québec generates, transmits and distributes electricity. Its sole shareholder is the Québec government. It uses mainly renewable generating options, in particular hydropower, and supports the development of wind energy through purchases from independent power producers. It also conducts research in energy-related fields, such as energy efficiency. For more information on Hydro-Québec, please visit www.hydroQuébec.com or for details on its electric transportation plans, visit www.hydroQuébec.com/electrification-transport