Odyne Corp Enters into Agreement with Creative Bus Sales

Odyne Corporation, a leading developer of advanced plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, announced an alliance with Creative Bus Sales, Inc., the nation's largest commercial bus dealership.

Roger M. Slotkin, CEO of Odyne Corporation, commented, "We are excited to partner with Creative Bus Sales, as it opens up an important new sales channel for Plug-In Hybrid Electric Buses containing our propulsion system technology. Creative's installed customer base consists of municipalities and private bus companies around the country, and Creative has earned a reputation for quality and service over the years. Creative sells both new and used buses, affording us the opportunity to market retrofitting in used buses or installation of our technology into new ones.

"While our partnership with Creative Bus Sales is focused on sales to the end-users, Creative is also the single largest customer for many of the leading bus manufacturers around the country-providing us an attractive platform to educate the OEMs on the benefits and cost savings associated with our technology."

Mr. Tony Matijevich, President of Creative Bus Sales, stated, "We look forward to adding clean technology buses containing Odyne's propulsion systems to our product mix. With rising fuel prices and concerns about the environment escalating over the years, municipalities and private bus companies are demanding vehicles that minimize pollution, while reducing operating and fuel costs. We believe that many of our customers will readily see the benefits of purchasing buses containing Odyne's technology."

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