UQM Technologies Appoints Jon Lutz Vice President of Technology and Promotes Ronald Burton to Senior Vice President of Operation

Frederick, CO, based UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, announced today that it has appointed Jon Lutz to the newly created position of Vice President of Technology with responsibility for the company’s engineering and research and development activities. The Company also promoted Ronald Burton to the position of Senior Vice President of Operations. Mr. Lutz will continue to report to Mr. Burton. Mr. Lutz began his career with the Company in 1993 and has served in a variety of increasingly responsible positions, most recently as Director of Engineering. Mr. Lutz holds a Bachelor of Science and a Masters of Science degree in electrical engineering from the University of Colorado. Mr. Burton joined the Company in 2004 as Vice President of Operations after serving as an executive for over fifteen years in the motor industry. Mr. Burton holds a bachelors degree in electrical engineering from Morehead University. UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications.