|[January 22, 2013]
UQM Technologies Powers Innovative All-electric Outboard Motor for Boats Developed by Regen Nautic
LONGMONT, Colo. --(Business Wire)--
UQM Technologies, Inc. (NYSE MKT: UQM) electric motors and
controllers are at the heart of the new Regen Nautic E180 all-electric
outboard motor introduced this week at the Dusseldorf Boat Show. This is
in addition to series-hybrid electric systems that Regen Nautic has
developed for yachts, trawlers, and sailboats over 50 feet using UQM®
"Working with Regen Nautic, we continue to expand the marine
applications for our electric propulsion products," said Eric R.
Ridenour, President and Chief Executive Officer of UQM Technologies,
Inc. "Our systems are ideally suited for marine applications which
require exceptional performance, whether used in all-electric or
series-hybrid propulsion systems."
The E180 uses a UQM PowerPhase Select® 145 electric motor and
controller system, mounting them inside a traditional-looking outboard
motor package. Regen Nautic says that the E180 has power-output
equivalent to a 180-horsepower gas-powered outboard motor. The system is
controlled via an easy-to-use push-button interface at the helm station
created by Regen Nautic.
"The E180 electric system mounts and operates much like a traditional
outboard motor," said Pierre Caouette, ReGen Nautic President and Chief
Operating Officer. "This provides a viable option for those wanting
electric power to significantly reduce operating costs, as well as
remove their carbon footprint from watersports."
The Regen Nautic E180 will be on displa at the Dusseldorf Boat Show,
happening now through January 27, 2013.
About ReGen Nautic USA
ReGen Nautic USA is a private corporation located in Fort Lauderdale,
Florida. The company has developed hybrid-electric propulsion systems
for yachts, trawlers, and sailboats over 50 feet. It customizes
automation systems to boat design, and the company's products are the
unique components needed for system function. It manufactures high
voltage boxes and licenses the software for integration and safety
systems. ReGen Nautic has pending patents that protect its intellectual
property related to integrating, optimizing and combining components of
marine hybrid systems, providing efficient operation and fuel savings.
For more information, please visit www.regennautic.com.
UQM Technologies is a developer and manufacturer of power-dense,
high-efficiency electric motors, generators and power electronic
controllers for the automotive, commercial truck, bus, marine and
military markets. A major emphasis for UQM is developing propulsion
systems for electric, hybrid electric, plug-in hybrid electric and fuel
cell electric vehicles. UQM is located in Longmont, Colorado. Please
for more information.
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, future orders to be received, future financial results and
the continued growth of the electric-powered vehicle industry. 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 October 25, 2012, which is available through our website at www.uqm.com
or at www.sec.gov.
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