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Non-Tech : Unique Mobility, Inc. (UQM) -- Ignore unavailable to you. Want to Upgrade?

To: Laszlo who wrote (55)	12/1/1999 9:01:00 AM
From: WALT REISCH	Read Replies (1) \| Respond to of 107

Unique Mobility, Inc. Receives Patent for Electric Motor with Internal Brake December 01, 1999 08:18 GOLDEN, Colo., Dec. 1 /PRNewswire/ -- Unique Mobility Inc. (Amex: UQM) announced today that it received United States Patent Number (5982063) for its "Electric Motor with Internal Brake." This is an additional patent specific to brake packaging in gearless-brushless direct drive motors produced by Unique Mobility. An additional patent on the gearless-brushless direct drive motor design is pending. The co-inventors of the patented design are Jon Lutz, Unique's Manager of Motor Engineering and Kevin Lewis, Senior Engineer. Patent coverage includes a brake mechanism partially embedded within the hollow rotor of a gearless-brushless direct drive motor that has no touching parts, no gears, no grease and requires no ongoing maintenance. The holding brake, a requirement for electrically powered wheelchairs, is packaged inside the motor which minimizes the length of the motor and the wheelbase of the chair thereby allowing greater mobility in confined spaces and through narrow doorways. Many other industrial or motion control applications requiring a gearless integrated motor and brake can benefit from this design, since overall size and part count are reduced and only one housing is required, an important advantage in critical environments. William G. Rankin, Unique's President and Chief Executive Officer, said, "This patent gives us additional coverage on our breakthrough power wheelchair motor and is the sixth U.S. Patent to be granted to Unique Mobility. These motors achieve high torque without a gear reduction and have inherent packaging, noise, maintenance, control and efficiency advantages. These advantages allow our production wheelchair motors to be used in a wide range of applications." Unique Mobility, 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. 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). This press release contains forward-looking statements that involve risks and uncertainties. Examples of forward-looking statements are statements of the Company's expectations regarding future financial results and its ability to further commercialize its technology and increase its manufacturing activities. These statements may differ materially from actual future events or results. Readers are referred to the Risk Factors section of the Registration Statement on Form S-3 (File No. 333-78525) filed by the Company with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including the Company's ability to become profitable and its ability to obtain additional financing, the Company's reliance on major customers and suppliers, potential impacts from Year 2000 issues and the possibility that product liability insurance may become unavailable. These forward-looking statements represent the Company's judgment as of the date of the press release. The Company disclaims, however, any intent or obligation to update these forward-looking statements. SOURCE Unique Mobility, Inc. /CONTACT: John S. Gould, Director, Investor Relations of Unique Mobility, Inc., 303-278-2002/ /Web site: uqm.com (UQM)