UQM Appoints Forbes as GM for Power Products Unit.

Gary L. Forbes has more than 35 years experience in progressively responsible positions for Hamilton-Sundstrand Corporation.

Published: 12-Mar-2001

GOLDEN, Colo., March 12 /PRNewswire/ -- UQM Technologies, Inc. (AMEX: UQM), a developer of alternative energy technologies, announced today that it has appointed Gary L. Forbes as General Manager of its UQM Power Products unit.

Mr. Forbes has more than 35 years experience in progressively responsible positions for Hamilton-Sundstrand Corporation including most recently as Plant Manager of the Company's Denver manufacturing facility producing components for electrical generating systems, gear boxes, fluid pumping systems and various other products. Prior to that, Mr. Forbes was Managing Director, Sundstrand Pacific Aerospace, located in the Republic of Singapore. Mr. Forbes is a member of the Society of Manufacturing Engineers, Former Chairman of the American Chamber of Commerce for the Republic of Singapore and holds a Bachelor of Science Degree in manufacturing engineering.

William G. Rankin, UQM Technologies' President and Chief Executive Officer, said, "We are extremely pleased that Gary has joined our team. With his extensive management of gear and motor manufacturing operations on an international basis, we expect Gary will make a substantial contribution to the growth of our UQM Power Products unit."

UQM Technologies, Inc. is a leading developer and manufacturer of power dense, high efficiency motors, gear assemblies and electronic assemblies for the automotive, aerospace, telecommunications, medical and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including power systems for electric, hybrid-electric and fuel cell electric vehicles, 42 volt vehicle auxiliaries and distributed power applications. The Company's headquarters and engineering and product development center are located in Golden, Colorado. Manufacturing facilities are located in Frederick, Colorado (electric motors and gear assemblies) and St. Charles Missouri (electronic assemblies and wire harnesses). For more information on the Company, please visit its worldwide website at http://www.uqm.com.

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