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Odyne Corp Presents Innovative Plug-In Hybrid Technology Message to Influential Fleet Managers in New York and California Markets.


HAUPPAUGE, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States.  -- Odyne Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: ODYC), the leading developer of advanced Plug-in Hybrid Electric Vehicle A hybrid electric vehicle (HEV) is a vehicle which combines a conventional propulsion system with an on-board rechargeable energy storage system (RESS) to achieve better fuel economy than a conventional vehicle without being hampered by range from a charging unit like an  technology for trucks and buses, presented its innovative plug-in hybrid propulsion technology option to fleet managers at alternative energy forums in California and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

At a conference panel on "Advanced Technologies and Retrofit/Repower Technologies" in Riverside, California, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Roger M. Slotkin highlighted the advantages of Odyne's plug-in hybrid powertrain and battery management systems. At the invitation of the Western Riverside Council of Governments, Slotkin addressed a large an audience comprised of Southern California's municipal fleet managers, air quality management staff, and top government officials at the Western Riverside Clean Cities Coalition's 8th Annual "Advancing the Choice" event, held on February 8th, 2007.

Slotkin presented Odyne Corp's proven solution for fleet managers faced with meeting strict air quality standards for clean emissions vehicles. Odyne's flexible and fuel agnostic technology can help the California Inland Empire region's fleets leverage the area's extensive Compressed Natural Gas Compressed Natural Gas (CNG) is a substitute for gasoline (petrol) or diesel fuel. It is considered to be an environmentally "clean" alternative to those fuels. It is made by compressing natural gas (which is mainly composed by methane (CH4  (CNG CNG Compressed Natural Gas
CNG Calling (Tone)
CNG Comfort Noise Generation
CNG Cryptography Next Generation (Microsoft Windows Vista)
CNG Centre National de Génotypage
) fueling infrastructure via CNG plug-in hybrids for medium and heavy-duty truck and transit platforms. Liquefied Natural Gas liquefied natural gas: see under natural gas.
Liquefied natural gas (LNG)

A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents.
 (LNG LNG (liquefied natural gas): see under natural gas. ) applications are also an attractive option in this market.

Riverside County, east of metropolitan Los Angeles, experiences some of the nation's most challenging air quality concerns. With a population of over 1.7 million, it is one of the country's fastest growing counties. The Western Riverside Clean Cities Coalition (CCC CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
) is considered a national leader, representing one of the most influential and innovative alternative fuel vehicle Alternative fuel vehicle

Conventional fuels such as gasoline and diesel are gradually being replaced by alternative fuels such as gaseous fuels (natural gas and propane), alcohol (methanol and ethanol), and hydrogen.
 markets. It is one of 92 CCC chapters nationwide dedicated to improving air quality and decreasing dependence on foreign fuel through the deployment of alternative fuel vehicles and associated infrastructure.

On January 31, Slotkin addressed a similar New York audience of key municipal fleet decision makers, along with equipment suppliers, at a hybrid technology seminar held in conjunction with strategic partner Nassau Suffolk Truck Sales. The high level briefing provided an overview of the Odyne vehicles to date, and their application in the transportation and sanitation markets.

About Odyne Corporation

Odyne Corporation is a clean technology company that develops and manufactures propulsion systems for advanced Plug-in Hybrid Electric Vehicles in medium and heavy-duty trucks and buses. The company has developed a solution including proprietary electric power conversion, power control and energy storage systems and off-the-shelf components such as electric motors and storage batteries which lowers vehicles fuel, operation and maintenance costs and substantially reduced emissions. Odyne's Plug-in Hybrid Electric Vehicle systems are series configuration hybrids that offer customers significant advantages when compared with the more familiar parallel architecture found in hybrid passenger cars. For more information, please visit www.Odyne.com.

Forward-Looking Statements

This news release contains certain "forward-looking statements," related to the business of Odyne which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product development and commercialization, regulatory actions or delays, the ability to obtain or maintain patent and other proprietary intellectual property protection, market acceptance, future capital requirements Capital requirements

Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Additionally, forward-looking statements regarding the timing of receipt of new customer orders and the subsequent timing of deriving revenue and profits from them, as well as the effects of those revenues and profits on the company's margins and financial position, are uncertain because many of the factors affecting the timing of those items are beyond the company's control. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the U.S. Securities and Exchange Commission. Odyne is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 12, 2007
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