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UNIQUE MOBILITY MOVES TO NEW HEADQUARTERS AS COMMERCIAL PRODUCTION LOOMS

UNIQUE MOBILITY MOVES TO NEW HEADQUARTERS AS COMMERCIAL PRODUCTION LOOMS
 DENVER, Sept. 24 /PRNewswire/ -- Unique Mobility, Inc. (AMEX: UQM.EC) announced today that it has purchased, together with a private investor, a 40,000 square foot combined headquarters and manufacturing facility in Golden, Colo. and will move all of its operations to Golden over the next three weeks. The six year old building, located in Golden's Corporate Center Business Park, is in close proximity to the National Renewable Energy Laboratory, a national resource established by the U.S. Department of energy cooperate with the private sector to foster innovation in renewable energy and related energy saving technologies.
 Ray A. Geddes, chairman and chief executive officer of Unique Mobility said, "The acquisition of the Golden facility was a critical step toward the launch next month of our pilot production run of electric vehicle traction drives for BMW and to the early commercialization of ultra high efficiency motors and drives for the industrial market. The BMW pilot run will be the first commercial application of our recently announced new armature technology for brushless dc motors and generators on which patents are pending," Geddes added.
 As described in the recently filed patent application, Unique has developed a new armature core formed of multiple segments of pressed double-coated powered iron rather that from sheets of laminated steel that are more commonly used in conventional electric motors. According to Dr. Hao Huang, Unique's director of Motor Development, "Energy legislation has accelerated the worldwide demand for high efficiency motors of all types. Our new armature design and construction process represents a quantum leap in the quest to achieve lost cost electric motor with ultra high power density and efficiency. We are pleased that its first application will be to power BMW's advanced electric vehicle."
 Unique Mobility is an engineering oriented manufacturer of high power permanent magnet motors and electronic controls for automotive, aerospace and general industrial applications. Form Sept. 28, 1992 the company will be located at 401-425 Corporate Circle, Golden, Colo., 80401, telephone 303-278-2002, Telefax, 303-278-7007.
 -0- 9/24/92
 /CONTACT: Ray A. Geddes, chairman of Unique Mobility, Inc., 303-761-2137, or Mark S. Cohen of Cameron Associates, 212-644-9560, for Unique Mobility/ CO: Unique Mobility, Inc. ST: Colorado IN: SU:


LD-AH -- NY004 -- 2931 09/24/92 08:30 EDT
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Date:Sep 24, 1992
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