UQM Technologies Partners with Ballard Power Systems to Provide Contract Assembly and Operational Support Services for Fuel Cell Bus Modules

UQM Technologies Inc. (NYSE American: UQM) has announced that Ballard Power Systems (NASDAQ: BLDP) has issued a purchase order to UQM for assembly of FCveloCity ®-HD 85-kilowatt Ballard fuel cell modules to be deployed in the U.S. UQM, in Longmont, Colorado, has capacity in their TS16949 certified manufacturing facility where it will contract assemble fuel cell modules for Ballard.

"UQM has been a long time supplier to Ballard, and we are now utilizing our manufacturing facility to support Ballard in delivering modules for buses in the U.S. We see this as yet another way our companies can work together for mutual benefit. We have implemented world class operational systems in our Colorado facility, and we are pleased to improve our asset utilization and support Ballard in meeting U.S. demand," said Joe Mitchell, CEO and President of UQM Technologies.

UQM Technologies | www.uqm.com

Ballard Power Systems | www.ballard.com