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UNIQUE MOBILITY ANNOUNCES SECOND QUARTER RESULTS

 UNIQUE MOBILITY ANNOUNCES SECOND QUARTER RESULTS
 DENVER, June 16 /PRNewswire/ -- Unique Mobility, Inc. (AMEX: UQM.EC)


reported today an operating loss for the quarter ended April 30, 1992 of $452,600 or $0.07 per share on total revenue of $1,047,539. This compares to net earnings of $4,608 on total revenue of $1,030,108 for the year earlier period. The company's six month operating loss rose to $798,872 or $0.12 per share versus a loss of $134,722 or $0.03 per share for the first half of fiscal 1991.
 Ray A. Geddes, chairman and chief executive officer stated, "Second quarter operating results were in line with our business plan which is directed toward continuing research and development and the launch of a manufacturing and marketing activity to commercialize the proprietary technologies developed by Unique and Alcan Aluminium Limited over the last several years. Our financial condition and liquidity remains good, due in part to the purchase last March of a $1,200,000 8 percent secured subordinated convertible note by Advent International Corporation," added Geddes.
 Unique Mobility is an engineering concern active in the design and development of advanced electric motors and related electronic controls for automotive, aerospace, and general industrial applications.
 -0- 6/16/92
 /CONTACT: Ray A. Geddes, chairman of Unique Mobility, 303-761-2137, or Mark Cohen of Cameron Associates, 212-644-9560, for Unique Mobility/
 (UQM.EC) CO: Unique Mobility, Inc. ST: Colorado IN: SU: ERN


TS-OS -- NY036 -- 0628 06/16/92 11:27 EDT
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Date:Jun 16, 1992
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