Dear Friends of Azure,

It's a busy time at Azure Dynamics. Following, for your information, are more updates on the company and our recent activities:

First of all, we hosted a successful Annual General Meeting on June 8th to discuss 2009 results and our strategic approach to 2010 and beyond. Scott Harrison's announcement of a $6 million investment from a wholly owned subsidiary of Johnson Controls was a highlight of the AGM. For the second straight year, we were proud to give shareholders the opportunity to experience our innovative products with a ride and drive - this time, it was the Transit Connect Electric. If you missed the meeting, it was recorded and can be viewed on our website under the "Investor" tab.

Speaking of the website, it's been completely re-done over the past several months and was just recently launched. The new site focuses on our products and all the compelling reasons why more fleets are acquiring them. In addition to an updated look and feel, the new site is easier to navigate and includes literally hundreds of technological upgrades. Please check it out at www.azuredynamics.com.

If you are among those who follow our announcements closely, you've probably noticed that Azure has announced the sale of more than 200 Balance(TM) Hybrid Electrics to more than 25 customers in the second quarter alone. We also announced that AM General will be our manufacturing partner for the Transit Connect Electric upfitting. The AM General announcement was picked-up by the Associated Press and appeared in hundreds of newspapers across North America. Finally, in another positive development with Ford, the Transit Connect Electric program has been expanded to include the European market which has potential to be an even bigger opportunity than North America.

Scott Harrison discussed these and other AZD business updates on a BNN interview aired nationally in Canada on June 10th. That interview can be seen at the following link BNN Interview.

We appreciate your continuing interest and support for Azure Dynamics. We continue to see positive results of our efforts and look forward to keeping the momentum through 2010 and beyond.

Sincerely,

AZD

Dear Friends of Azure,

Azure Dynamics CEO Scott Harrison appeared on BNN this morning for a conversation on recent developments at the Company. The complete interview can be seen at the following link: BNN Interview

This was the most recent development in an already exciting week for Azure. The company hosted its Annual General Meeting on Tuesday and was pleased to connect with many of our loyal shareholders. In conjunction with the AGM, Azure announced a new Johnson Controls equity investment of approximately $6 million. A replay of the AGM webcast along with the Johnson Control press release can be found on our website at http://www.azuredynamics.com/

Sincerely,

AZD