There he managedand integrated the company's three direct marketing units which ultimatelycomprised one of the
There, he managedand integrated the company's three direct marketing units, which ultimatelycomprised one of the largest affinity marketing enterprises in the world. Prior to that, Tom was Chairman and CEO of the Financial Services Division ofCendant Corporation, where he managed Jackson-Hewitt Tax Services, the secondlargest tax preparation firm in North America. Landrieu will host a field hearing in NewOrleans on June 30 to further explore the topic and to hear from Louisianabusinesses that could be affected. Increased small business exporting will create jobsWASHINGTON, June 8 /PRNewswire-USNewswire/ -- United States Senate Committeeon Small Business and Entrepreneurship Chair Mary Landrieu, D-La., todayintroduced a bill to help increase small business trade opportunities."S.1196: The Small Business International Trade Enhancements Act of 2009"improves the Small Business Administration's (SBA) Office of InternationalTrade to help create jobs and get the economy back on track In conjunction with the bill, Sen. These risks are set out in more detail inAzure's annual information form which can be accessed at forward-looking statements contained in this press release are made as ofthe date hereof and Azure undertakes no obligation to update publicly orrevise any forward-looking statements or information, whether as a result ofnew information, future events or otherwise, unless so required by applicablesecurities laws.SOURCEAzure Dynamics CorporationJay Sandler, Vice President, Sales, (248) 298-2403 ext 1205, Email:; Pat Liebler, Liebler Group, (313) 832-4376, Email:. These include, but are not limited to, the risks associated withAzure's early stage of development, lack of product revenues and history oflosses, requirements for additional financing, uncertainty as to commercialviability, uncertainty as to product development and commercializationmilestones being met, uncertainty as to the market for Azure's products andunproven acceptance of Azure's technology, competition for capital, productmarket and personnel, uncertainty as to target markets, dependence upon thirdparties, changes in environmental laws or policies, uncertainty as to patentand proprietary rights, availability of management and key personnel, andacquisition integration risk.
Actual results coulddiffer materially from those currently anticipated due to a number of factorsand risks. Sinceforward-looking statements address future events and conditions, by their verynature they involve inherent risks and uncertainties. Although Azure believes that the expectations andassumptions on which the forward-looking statements are based are reasonable,undue reliance should not be placed on the forward-looking statements becauseAzure can give no assurance that they will prove to be correct. More particularly,this press release contains statements concerning Azure's business developmentstrategy, projected commercial revenues and product deliveries.The forward-looking statements are based on certain key expectations andassumptions made by Azure, including expectations and assumptions concerningachievement of current timetables for development programs, target marketacceptance of Azure's products, current and new product performance,availability and cost of labour and expertise, and evolving markets for powerfor transportation vehicles. The Company is committedto providing customers and partners with innovative, cost-efficient, andenvironmentally friendly energy management solutions.For more information, please visit TSX Exchange does not accept responsibility for the adequacy oraccuracy of this release.Forward-looking StatementsThis press release contains forward-looking statements. Azure is strategically targeting the commercialdelivery vehicle and shuttle bus markets and is currently workinginternationally with various partners and customers. For more information on Azure Dynamics and its products,please visit us on the web at Azure DynamicsAzure Dynamics Corporation (TSX: AZD) is a world leader in the development andproduction of hybrid electric and electric components and powertrain systemsfor commercial vehicles.
As a result, Azure Dynamics customers can expect considerable benefitsin terms of fuel efficiency and maintenance costs while also reducing theircarbon foot print and improving air quality.Mid-South Bus in Murfreesboro, TN is the distributor for the Chattanooga andNashville buses. With its electric-launchassist, engine-off at idle and regenerative braking, the Azure products areideally suited for the tough start and stop conditions endured by shuttlebuses. BCBST is the first corporate customer in the nation for theinnovative vehicle.The Azure vehicle platforms, the Series CitiBus for BCBST and the twoBalance(TM) Hybrid Electrics specified by Nashville MTA, increase fuel economyby up to 40% while offering up to a 30% reduction in greenhouse emissions Thebuses also reduce maintenance costs by up to 30%. "Ourcommunity, BCBST and its employees, and Azure are all winners in thisproject."The Azure Series CitiBus has become a preferred shuttle for municipalities andpublic agencies across the country seeking cleaner and smarter transitoptions. The Series CitiBus fully meetsthose standards," said ATTI's Executive Director, Jim Frierson. "Our national role is to recommend transportation solutions that areenvironmentally progressive and cost efficient. We were also impressed that BCBST voluntarily spent additionalfunds to make the shuttle ADA compliant."Chattanooga's Advanced Transportation Technology Institute (ATTI), anon-profit entity for alternative energy solutions, introduced the AZD bus toBCBST after seeing it at the Electric Vehicle Society-23 Expo in December2007.
"The company needed a product that's efficient, flexible andenvironmentally friendly in start-and-stop city conditions without anysacrifice in performance or reliability That's the perfect description of ourSeries CitiBus. It's consistentwith everything else we're doing to reflect sustainability in all of ouroperations.""BCBST is focused on protecting the environment in its hometown, and we'redelighted to be a part of the solution," said Scott Harrison, Azure DynamicsCEO. "The new hybrid shuttle will help make theefforts of our 4,500 employees more productive and convenient. BCBST is providing Azure's 19-passenger hybridelectric-powered shuttle bus to transport employees from their hilltop officecampus to its other downtown offices as well as various locations in the citythroughout the workday."Our new headquarters campus incorporates numerous attributes designed toreduce our energy usage and lessen our environmental impact, so the AzureDynamics hybrid electric Series CitiBus is an ideal solution for our employeetransportation needs," said Dan Jacobson, vice president of properties andcorporate services at BCBST. Azure Dynamics Series CitiBus will enable BCBST toconnect its employees at its new corporate headquarters to other destinationsin downtown Chattanooga, which was the first city in the nation to have an allbattery-powered downtown shuttle bus system providing free publictransportation.Elsewhere in the state of Tennessee, Azure announced two Balance(TM) HybridElectric orders from the Nashville MTA for its "Access Ride" program.Thebuses specified by the MTA are flexible enough to accommodate 12 seatedpassengers, six wheelchair passengers or a combination of the two.The new 950,000-square-foot BCBST campus occupies the top of historic CameronHill in Chattanooga.
Azure Dynamics shuttle bus added to BlueCross(R) BlueShield(R) of TennesseeHeadquartersThe Nashville Metropolitan Transit Authority for Paratransit Also BecomesPart of the Solution with Two Azure Shuttle Bus OrdersOAK PARK, MI, June 8 /PRNewswire-FirstCall/ - Azure Dynamics Corporation (TSX:AZD) - ("Azure" or the "Company"), a leading developer of state-of-the-artgreen technologies that address environmental and cost issues for thecommercial transportation industry, today announced that BlueCross(R)BlueShield(R) of Tennessee (BCBST) is contributing to the greening of the cityof Chattanooga by providing BCBST employees with state-of-the-art greentransportation services. (Reporting by Mark Felsenthal; Editing by Neil Stempleman) Regulatory News Bonds. During the crisis, the Fed and the Treasury Departmentstepped in to prevent the disorderly failure of investment bankBear Stearns, insurer American International Group, andmortgage finance providers Fannie Mae and Freddie Mac "It's essential to move forward now," Tarullo said. rules for banks and the financialmonitoring system need a major overhaul to deal with theproblem of firms that have become so big that the governmenthas to support them if they are at risk of collapsing. Financialmarkets are watching closely for any signs the Fed will expandits purchases of longer-term Treasury securities to hold downborrowing costs and provide an extra boost to economicstabilization Tarullo said U.S.