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Press Releases

ISE Gasoline Hybrid Drive Systems to Power NABI Buses for Los Angeles Metro

Date: 09/04/2007

Company: ISE Limited

Segment: Systems, Transportation

SAN DIEGO, CA, September 4, 2007 — ISE Corporation recently received an order for its ThunderVoltTM gasoline hybrid-electric drive systems to power six NABI (North American Bus Industries) buses in the Los Angeles, CA area. Funded by the Advanced Transit Vehicle Consortium (ATVC), the hybrid buses will be operated by the Los Angeles County Metropolitan Transportation Authority (LA Metro).

The NABI hybrid buses will feature ISE’s ThunderVoltTM gasoline hybrid-electric drive system, which was certified as an “alternative fuel” system by the California Air Resources Board (CARB) in November 2003. Over 100 hybrid buses utilizing ISE’s ThunderVoltTM gasoline hybrid-electric drive system are already in revenue service in various California cities, including Long Beach, Orange County, Norwalk, Montebello, Gardena, San Bernardino, and Fresno. ISE will supply the six ThunderVoltTM hybrid-electric drive systems to NABI with Siemens electric drive components, advanced ultracapacitor energy storage system, and ISE proprietary hybrid controls.

“We are pleased to be a part of LA Metro’s environmental path, showcasing NABI’s 42-foot low-floor, stylized transit bus,” said Bob Shaughnessy, President and CEO of NABI. “The reliability, enhanced passenger and driver accommodations, combined with the powerful ISE series hybrid drive train exemplifies our technologically-advanced hybrid buses.”

“ISE is proud of its role in delivering clean and efficient technology to LA Metro,” said David Mazaika, ISE’s President and CEO. “These buses will deliver lower emissions while also improving vehicle performance, reducing brake maintenance and eliminating transmission maintenance.”

“We are looking for these buses to push the technology envelope for our industry,” said John Drayton, LA Metro’s Vehicle Technology Manager. “With their increased generating capacity and ultra-capacitors for energy storage, these buses should be a pretty significant leap forward for hybrid transit vehicles.”

About ISE Corporation

ISE Corporation, based in San Diego, is a leading supplier of hybrid drive systems and components for heavy-duty vehicles such as buses, trucks, trams, airport equipment, and military vehicles. ISE is a world leader in electric, hybrid-electric, and fuel cell technologies, and the only authorized distributor of Siemens ELFA® electric and hybrid-electric drive components for the U.S. transit bus market. www.isecorp.com

About LA Metro

Los Angeles County Metropolitan Transportation Authority (LA Metro) is unique among the nation’s transportation agencies. It serves as transportation planner and coordinator, designer, builder and operator for one of the country’s largest, most populous counties. More than 9.6 million people – nearly one-third of California’s residents – live, work, and play within its 1,433-square-mile service area.

About ATVC

The ATVC was established in 1995 as a joint venture between LA Metro, the City of Los Angeles, the County of Los Angeles, and the South Coast Air Quality Management District. The mission of the ATVC is to encourage the development of advanced transit vehicle technologies, particularly in areas of high capacity transit vehicles, low emission propulsion technologies and advanced composite vehicle structures. More information about ATVC can be found at www.metro.net/projects_programs/atvc.

ISE Contact:

Gary Willms

Vice President Business Development, ISE Corporation

gwillms@isecorp.com

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