LONGMONT, Colo.--(BUSINESS WIRE)--UQM Technologies, Inc. (NYSE Amex: UQM) Treasurer and Chief Financial Officer, Donald A. French, will present at the Wedbush Clean Technology & Industrial Growth Conference at the Westin San Francisco Market Street Hotel on September 14, 2011 at 8:35 a.m. Pacific Time.
“The clean technology and alternative energy sectors continue to evolve at a rapid rate. We look forward to sharing our perspective on these markets and how we are prepared to capitalize on the opportunities,” said Mr. French. “UQM has over 35 years of experience in developing innovative products for the growing electrification marketplace, positioning us for potentially rapid growth as this market continues to develop and expand.”
UQM was recently awarded a $3 million grant from the U. S. Department of Energy that leverages the company’s extensive experience in electric propulsion technology to explore the development of non-rare-earth magnet motor technology. The impact of such technology could lead to a broadening of UQM’s product portfolio with products that have higher performance at lower cost.
The Wedbush Clean Technology & Industrial Growth Conference brings together institutional clients with management executives from leading global companies within the clean technology and industrial sectors. The conference connects investors with management teams from prominent public and private companies through corporate presentations, related industry panels and small group meetings.
Other presenters at the conference include growing, innovative companies in the alternative energy, clean technology and industrial sectors providing assessments of the business landscape.
In addition to powering the CODA all-electric sedan, UQM PowerPhase® electric propulsion systems have been selected to power the Saab 9-3 ePower, Audi A-1 etron and Rolls-Royce 102EX Electric Phantom pre-production test fleet vehicles. UQM is also powering Proterra’s electric composite transit buses, as well as Electric Vehicles International’s all-electric medium-duty truck and walk-in van. The company has a new facility with 40,000 units of annual production capacity.
About UQM Technologies, Inc.
UQM Technologies is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. A major emphasis for UQM 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. UQM headquarters, engineering, product development center and manufacturing operation are located in Longmont, Colorado.
Please visit www.uqm.com 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, orders to be received under our supply agreement with CODA Automotive, our ability to successfully expand our manufacturing facilities, 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 August 1, 2011, which is available through our website at www.uqm.com or at www.sec.gov .