Odyne Receives Purchase Order For Hybrid Aerial Lift Truck Systems.

December 20, 2007 – Vol. 12 No.39

Odyne Receives Purchase Order From DUECO for Twenty Five Plug-in Hybrid Aerial Lift Truck Systems.

The systems will be installed by DUECO to power the first plug-in hybrid electric aerial lift trucks, "bucket trucks," used by utility companies to maintain electric, telephone and cable lines.

DUECO, Inc. has been accepting orders for these vehicles since the launch of this new technology in October.

Odyne and DUECO have developed the plug-in hybrid electric vehicle (PHEV) propulsion system that uses energy from the electric grid to offset fuel consumption and reduce emissions. The new aerial trucks can recharge at off-peak hours using low cost electricity. The system can also maintain charge or be recharged at any point with the conventional diesel engine while driving or stationary.

The system will provide the fuel efficiency and emission enhancements, typical of a hybrid vehicle, while the truck is traveling to and from the work site. While at the work site, the Odyne Stored Energy System will power all of the necessary job-site related equipment directly, including the aerial lift device, air conditioning and heating, with the engine off.

Odyne and DUECO estimate that the vehicles will reduce fuel consumption by approximately 6-10 gallons per day, eliminate onsite engine emissions, as well as eliminate onsite noise.

"We estimate that nationwide, there are more than 30,000 aerial lift trucks in operation," explains Joe Dalum, Vice President of DUECO, Inc.

DUECO has over 50 years of experience in the sale and service of aerial devices, digger derricks, cranes and other equipment. The company also provides conductor handling equipment, pullers and tensioners, trailers, excavators, loader backhoes, and wheel loaders.

Odyne Corporation develops and manufactures propulsion systems for buses, trucks and other hybrid electric vehicles.(12/19/07)

Links:

DUECO
http://www.dueco.com

Odyne Corporation
http://www.odyne.com

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes