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UQM Technologies, Inc. (UQM) PowerPhase® Electric Propulsion System Powers KleenSpeed Electric Race Car To New Record

|Includes: UQM Technologies, Inc (UQM)

UQM Technologies, a producer of powerful and efficient electric drive systems for a variety of applications, is excited to congratulate KleenSpeed® Technologies on setting the record for fastest lap at ReFuel 2012. This is the fourth straight year in which the Kleenspeed team has set a new EV lap record at this event. The UQM PowerPhase Select® 145 electric motor and controller system is the power plant for the record-setting KleenSpeed EV-X11 electric racecar.

"The KleenSpeed team continues to demonstrate the performance of electric vehicles and advantages of our PowerPhase electric drive systems, providing exceptional power and efficiency with minimal weight," said Eric Ridenour, UQM Technologies' President and Chief Executive Officer. "We congratulate the team on their continued success on the track, as well as the awareness they are bringing to electric vehicle technologies."

Kevin Mitz of Rennwerks Motorsports drove the EV-X11 in the Open Prototype class during the 4th annual ReFuel event. The EV-X11 beat its own record lap time by turning in a 1 minute, 32.046 second lap on Mazda Raceway Laguna Seca. The KleenSpeed EV-X11 rode this record lap time to a first place finish in its class over a variety of other vehicles, including a Tesla Model S Prototype.

"The performance of the KleenSpeed EV-X11 electric race car validates the disruptive technology of the KleenSpeed genESSsys(NYSE:TM) Race energy storage systems," said Tim Collins, President of KleenSpeed Technologies. "The UQM PowerPhase electric motor and controller are a great match for our system, making efficient use of the available power and requiring minimal space in the vehicle."

UQM previously announced that it is also working with KleenSpeed on the company's World KAR platform that made its debut at the Stanford University 2012 Vehicle Concept Showcase. This vehicle uses the PowerPhase Pro(NYSE:R) 100 electric propulsion system.

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