Azure Dynamics Announces the Appointment of Jay A. Sandler as Vice President of Sales
12 Maio 2008 - 10:08AM
PR Newswire (US)
OAK PARK, MI, May 12 /PRNewswire-FirstCall/ -- Azure Dynamics
Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) ("Azure" or the
"Company") a leading developer of hybrid electric and electric
powertrains for commercial vehicles, announced today the
appointment of Jay A. Sandler as Vice President of Sales. Azure CEO
Scott T. Harrison said, "Having Jay join our team is an excellent
fit with his tremendous background in the medium and heavy duty
fleet vehicle market." Sandler joins the Azure team at its global
headquarters after serving as Vice President of commercial products
at Workhorse Custom Chassis LLC, a Division of Navistar Inc. in
Troy, MI since late 1999. Prior to Workhorse, Sandler was Vice
President of Sales, Marketing and Fixed Operations for Bering Truck
in Front Royal, Virginia from 1998 to 1999 and served as the
Director of North American Field Operations, Heavy Vehicle Systems
for Arvin Meritor (formerly) Rockwell International from 1994 to
1998. From 1991 to 1994, he was Vice President and a Director of
Rockwell Wabco Vehicle Control Systems in Troy, and served in a
number of management positions with Rockwell and Eaton Corporation
between 1972 and 1991. A native of Valley Stream, New York, Sandler
holds an AAS-Automotive Technology degree from the State University
of New York at Morrisville; a BS in Automotive Engineering from
Western Michigan University, and a MBA in Business Management from
Central Michigan University. About Azure Dynamics
-------------------- Azure Dynamics Corporation (TSX: AZD)
(LSE:ADC) (OTCQX: AZDDF) is a world leader in the development and
production of hybrid electric and electric components and
powertrain systems for commercial vehicles. Azure is strategically
targeting the commercial delivery vehicle and shuttle bus markets
and is currently working internationally with various partners and
customers. The Company is committed to providing customers and
partners with innovative, cost-efficient, and
environmentally-friendly energy management solutions. For more
information please visit http://www.azuredynamics.com/. The TSX and
LSE Exchanges do not accept responsibility for the adequacy or
accuracy of this release. Forward-looking Statements This press
release contains forward-looking statements. More particularly,
this press release contains statements concerning Azure's business
development strategy, projected commercial revenues and product
deliveries. The forward-looking statements are based on certain key
expectations and assumptions made by Azure, including expectations
and assumptions concerning achievement of current timetables for
development programs, target market acceptance of Azure's products,
current and new product performance, availability and cost of
labour and expertise, and evolving markets for power for
transportation vehicles. Although Azure believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because Azure can give no
assurance that they will prove to be correct. Since forward-looking
statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual
results could differ materially from those currently anticipated
due to a number of factors and risks. These include, but are not
limited to, the risks associated with Azure's early stage of
development, lack of product revenues and history of losses,
requirements for additional financing, uncertainty as to commercial
viability, uncertainty as to product development and
commercialization milestones being met, uncertainty as to the
market for Azure's products and unproven acceptance of Azure's
technology, competition for capital, product market and personnel,
uncertainty as to target markets, dependence upon third parties,
changes in environmental laws or policies, uncertainty as to patent
and proprietary rights, availability of management and key
personnel, and acquisition integration risk. These risks are set
out in more detail in Azure's annual information form which can be
accessed at http://www.sedar.com/. The forward-looking statements
contained in this press release are made as of the date hereof and
Azure undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws. DATASOURCE: Azure Dynamics Corporation
CONTACT: on Azure, please contact: Ryan Carr, Chief Financial
Officer, (248) 298-2403 ext 1206, Email: ; Bruce G. MacDonald,
Liebler!MacDonald, Email: , (248) 840-6990
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