Odyne Systems, LLC Wins 2014 Governor's New Product Award

June 11, 2015
Waukesha, WI –June 4, 2015 – Odyne Systems, LLC, a leader in hybrid systems for medium- and heavy-duty trucks, has been named a 2014 Governor’s New Product Award winner by the Wisconsin Society of Professional Engineers (WSPE), an organization of over one thousand engineers, whose mission is to support the ethical practice of Professional Engineering.

The Best of State, First Place award in the small employment category was presented to Odyne in recognition for the company’s outstanding development of its Plug-in Hybrid System for Medium and Heavy Duty Trucks and economic contributions to the state through engineering initiative and innovation.

Odyne’s advanced plug-in hybrid electric systems for large trucks can reduce fuel consumption by up
to 50% depending upon the duty cycle, lower emissions, improve acceleration and allow large work
vehicles to operate quietly at a job site, powering equipment and tools with the engine off. Odyne’s
systems can also provide heat and air conditioning to the cab without idling the engine and eliminate
the need for generators by exporting power from batteries. The company holds over 15 patents and
has 25 patents pending. Odyne’s proprietary hybrid technology combines reliable electric power
conversion, power control and energy storage technology.

The system interfaces with Allison Transmission’s industry leading fully-automatic transmissions, Remy advanced electric propulsion motors with industry leading power density and efficiency, Johnson Controls lithium-ion battery technology and other robust, automotive quality components. In 2014, the company installed over 120 systems on new trucks throughout North America as part of a $45.4 million award from the Department of Energy, administered by the Electric Power Research Institute (EPRI) and in performance of projects from the state of California. Odyne accepted the award Wednesday evening, May 27th, where they were recognized at a dinner event hosted by the WSPE in Green Bay,
Wisconsin.

John Petras, VP of Engineering and Principle Investigator Odyne Systems, LLC states, "We are
excited to be named a Governor’s New Product Award winner. I would especially like to recognize the
Professional Engineers, without whom this award would not have been possible: Richard Swortzel, New Eagle, Mark Kosowski, EPRI, Michael Mitchell, Richard (Rit) Booth, and Thomas Widule,
Rexnord Innovation Center. Our team has a passion for innovation and delivery of reliable, advanced
hybrid system solutions. This award reminds us of the daily contribution that our engineering team
makes to support energy independence efforts and environmental initiatives.”

About Odyne Systems, LLC
Odyne is a leader in hybrid drive systems for medium and heavy-duty vehicles. Odyne’s advanced
plug-in hybrid technology enables trucks over 14,000 pounds to have substantially lower emissions,
improved performance, quieter job site operation, lower fuel consumption and reduced operating and
maintenance costs. Odyne has fielded more plug-in hybrid systems for large trucks throughout the
United States than any other supplier. Odyne systems are modular and are integrated to powertrains
during the new vehicle manufacturing process or are retrofit to existing truck chassis in various
applications, providing flexibility to achieve your Green Fleet. The systems are sold and serviced
through a worldwide distribution network including Altec and Terex Utilities. Odyne has also
authorized selected Allison Transmission distributors to service Odyne systems across North
America. For further information, visit us at www.odyne.com and follow us on Twitter @Odyne.

About Allison Transmission
Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic
transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion
systems for city buses. Allison transmissions are used in a variety of applications including refuse,
construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company
is headquartered in Indianapolis, Indiana, USA and employs approximately 2,700 people worldwide.
With a market presence in more than 80 countries, Allison has regional headquarters in the
Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also
has approximately 1,400 independent distributor and dealer locations worldwide. For more
information, visit allisontransmission.com.

About EPRI
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and
development relating to the generation, delivery and use of electricity for the benefit of the public. An
independent, nonprofit organization, EPRI brings together its scientists and engineers as well as
experts from academia and industry to help address challenges in electricity, including reliability,
efficiency, health, safety and the environment. EPRI's members represent approximately 90 percent
of the electricity generated and delivered in the United States, and international participation extends
to more than 30 countries. EPRI's principal offices and laboratories are located in Palo Alto, Calif.;
Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.

About Wisconsin Society of Professional Engineers
WSPE is an organization of licensed Professional Engineers (PEs) and Engineering
Interns/Engineers in Training (EIs/EITs). WSPE enhances the image of its members and their ability
to ethically and professionally practice engineering through education, licensure advocacy, leadership
training, multi-disciplinary networking, and outreach.
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Contact:
Cheryl Klein, Marketing Coordinator
cheryl.klein@odyne.com, (262) 544-8405