Azure Dynamics Plans Annual General Meeting In Metro Detroit

OAK PARK, MI, May 21, 2009 -- Azure Dynamics Corporation (TSX: AZD) - ("Azure" or the "Company"), a leading innovator in the development of environmentally friendly and cost effective hybrid electric and electric technologies for commercial vehicles, today announced that it will hold its Annual General Meeting June 9, 2009 at 4:30 p.m. at Azure's corporate headquarters, 14925 W. 11 Mile Road in Oak Park, MI 48237. The Annual General Meeting will be led by Azure CEO Scott T. Harrison and will include a presentation on the state of Azure's business and financial results for 2008 and the outlook for 2009.

Following the meeting, attendees will have an opportunity to experience select Azure products first-hand on a controlled ride and drive course. This year's AGM will also be presented via Web Cast for those who cannot attend in person. Full details of the Web Cast including the web address and log-in details will be sent one week prior to the meeting.

"Our products offer the environmental solutions that fleet operators are demanding today," said Harrison. "We are well positioned in the market and customers are coming to us. We think 2009 will be a good year and we have a story that will excite our shareholders at the meeting."

Azure, a leading developer of innovative hybrid electric and electric technologies for commercial vehicles, is a leader in the engineering and development of drive train solutions that provide up to 40% improvement in fuel economy, 30% savings in maintenance costs and a 30% reduction in greenhouse gas emissions.