SOURCE: ISE Corporation

October 02, 2009 14:17 ET

ISE's Hybrid Fuel Cell Drive System Powers the First BC Transit Production Bus Unveiled in Vancouver, BC

The BC Transit Fleet, Using the ISE Hybrid Fuel Cell Drive System, Will Be the World's Largest Zero-Emission Fleet Operating in a Single Location: The 2010 Olympic & Paralympic Winter Games in Whistler

SAN DIEGO, CA--(Marketwire - October 2, 2009) - Today in Vancouver, the Province of BC, the Government of Canada, and BC Transit will unveil the first BC Transit hybrid fuel cell bus, which includes the ISE Hybrid Fuel Cell Drive System. This vehicle is the first of 20 buses in a zero-emission fleet that will run during and after the 2010 Olympic & Paralympic Winter Games in Whistler. The unveiling takes place immediately following Premier Gordon Campbell's closing remarks at the UBCM (Union of British Columbia Municipalities) convention at the Vancouver Convention and Exhibition Centre.

"We are excited to provide the hybrid fuel cell drive system that enables BC Transit to launch this new zero-emission fleet. It is by far the most commercially viable Fuel Cell transit bus platform ever produced. ISE's remains focused on our mission to become a global leader in zero emission and hybrid technologies for a cleaner world," said Rick Sander, CEO and President of ISE Corp. The 41' bus configuration includes the ISE Hybrid Fuel Cell Drive System as well as lithium battery energy storage from ISE, Ballard fuel cells, and a New Flyer chassis.

Prior to the release of this first vehicle, the ISE Hybrid Fuel Cell Drive System integrated within the vehicle underwent rigorous Cold Chamber Testing. This testing ensures the smooth operation and reliability of the vehicle during the coldest winter temperatures in British Columbia. The vehicle tested for reliability at temperatures as low as -20C.

"The introduction of this new bus represents a major milestone for BC Transit," said Manuel Achadinha, President & CEO of BC Transit. "This bus, along with the other 19, represents our on-going commitment to investing in greener technologies." Mr. Achadinha will attend this event along with Premier Gordon Campbell.

About ISE Corporation

ISE Corporation (www.isecorp.com) designs, builds, and supports hybrid-electric drive systems and high value components optimized for high duty cycles. ISE specializes in series hybrid-electric, all-electric/zero emission technologies and offers industry-leading energy management solutions and system components. Over the past 10 years, ISE's installed base of over 230 systems has accumulated over 11 million operational fleet miles.

Established in 1995, ISE is headquartered in Poway, CA and employs a team of over 140, including 42 engineers. The company's history of innovation and proven technological leadership has resulted in the design and development of systems and components that deliver superior operating performance.

Safe Harbor Statement: Certain statements contained in this press release are forward-looking in nature. ISE's business and operations are subject to a variety of risks, uncertainties, and other factors. Consequently, actual results may materially differ from those projected and/or stated by any forward-looking statements. ISE Corporation makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

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