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UNIQUE MOBILITY, INC. MOVES UP TO THE AMERICAN STOCK EXCHANGE PRIMARY LIST; COMPANY PREVIOUSLY TRADED ON THE EMERGING COMPANY MARKETPLACE

 NEW YORK, May 21 /PRNewswire/ -- The American Stock Exchange today announced that the common stock of Unique Mobility, Inc. (AMEX: UQM), of Golden, Colo., has been approved for trading on the Exchange's Primary List. Trading under ticker symbol UQM, the stock opened at 9:30 a.m. Eastern Standard Time at 6-5/8 on 2,000 shares. J. Streicher & Co. will continue as the company's specialist firm.
 Commenting on the graduation, Ray A. Geddes, chairman and chief executive officer of Unique Mobility, Inc. said, "The American Stock Exchange, through its innovative ECM program, gave us `head start' recognition as an up-and-comer in the burgeoning field of alternative transportation technology. By moving up to the AMEX Primary List, we have enhanced the liquidity of our shares and positioned the company to play a greater role in this explosive new industry."
 James R. Jones, chairman and chief executive officer of the American Stock Exchange, said, "We're very proud that Unique Mobility has moved up from the Emerging Company Marketplace to the AMEX Primary List." He added, "We believe that more and more companies in their growth stages will follow Unique Mobility's lead and will recognize the value of the auction marketplace, which provides the trading environment and services they so critically need."
 Unique Mobility is a Golden, Colorado-based engineering concern and developer of a high efficiency, high power, permanent magnet electric transmission system for Bayerische Motoren Werke (BMW) of Munich, Germany. Unique, in association with BMW, ABB Asea Brown Boveri (Zurich) and others, will soon begin distribution of its state-of-the- art electric vehicle traction system to the automotive industry worldwide.
 The American Stock Exchange occupies a unique niche among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies, as well as a principal market to trade derivatives. No other exchange has balanced traditional and cutting edge trading products. And because of the efficiencies associated with the AMEX auction marketplace, investors of all sizes achieve the greatest value and protection.
 -0- 5/21/93
 /CONTACT: Melissa Grand, manager - equities communications of The American Stock Exchange, 212-306-1635/
 (UQM)


CO: Unique Mobility, Inc. ST: Colorado IN: SU:

WB -- NY017 -- 1132 05/21/93 10:19 EDT
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Publication:PR Newswire
Date:May 21, 1993
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