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Alternative Energy Stock Watch: UQM Technologies

December 29, 2009 (FinancialWire) — UQM Technologies, Inc. (AMEX: UQM) (http://www.uqm.com), together with its subsidiary UQM Power Products, Inc., engages in the research, development, and manufacture of permanent magnet electric motors and electronic controllers. It operates in two segments, Technology and Power Products. The Technology segment conducts research and engineering activities directed towards the development of new motors, generators, and power electronics to meet the requirements of customers’ specific product applications; integration of its motors, generators, and power electronic controllers into customers’ products; and support of its Power Products segment and the manufacture of motors, generators, and power electronic controllers. The Power Products segment manufactures and sells motors, generators, power electronic controllers, and related products for electric, hybrid electric, and fuel cell electric vehicles. Its products include electric and hybrid electric propulsion systems, higher power engine generators, electric auxiliaries, DC-to-DC converters, DC-to-AC electronic power inverters, generators, propulsion motors, vehicle auxiliary actuator motors, electric auxiliary motors, auxiliary power units, motor controllers, wind turbine power generators, solar panels, and stationary fuel cell power generators. UQM Technologies primarily serves the automotive, agriculture, industrial, medical, and aerospace markets. It has a collaboration agreement with BorgWarner Inc. to develop electric powertrain products for all-electric and hybrid-electric passenger automobiles. The company was founded in 1967 and is headquartered in Frederick, Colorado.

The company’s current market capitalization is approximately US$ 243.9 million. UQM’s stock last closed at US$ 6.26 per share.

Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). Recently issued reports and filings include Weatherford International Ltd. (NYSE: WFT), UQM Technologies, Inc. (AMEX: UQM), Panhandle Oil and Gas, Inc. (NYSE: PHX), Encore Acquisition Company (NYSE: EAC), Altius Minerals Corp. (TSX: ALS), PKC Group Oyj (PLUS: PKC1V) and Standard Life Investments European Private Equity Trust PLC (LSE: SEP) (PLUS: SEP).

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