January 22, 2013 – Odyne Systems and Altec have agreed to market and promote the sale of Odyne’s products to Altec customers and potential customers.

Odyne Systems develops and manufactures turnkey hybrid solutions optimized for fleets that utilize vehicles with driving cycles that have a high percentage of starting and stopping, and extended periods of job site idle time. According to Odyne, companies operating utility or work vehicles with this profile benefit significantly by using the company’s proprietary parallel plug-in hybrid system.

The new distribution agreement with Altec further broadens the reach of Odyne Systems’ hybrid solution, while extending Altec’s offering of products for the electric utility, telecommunications, contractor, lights and signs, tree care and contractor markets.

“The work truck industry will be significantly affected by advancements in vehicle efficiency in the coming years and we are excited to be at the leading edge with our products,” said Joe Dalum, president and CEO of Odyne Systems. “Our new agreement with Altec, one of the world’s largest equipment and service providers to fleets that can strongly benefit from our technology, will enhance Odyne’s ability to meet customers’ needs for lower emission vehicles that consume less fuel and operate quietly. We are looking forward to strong additional growth through our relationship with Altec.”

According to Odyne, its plug-in hybrid truck systems increases fuel efficiency while driving by using an electric motor in parallel with the existing drivetrain, providing launch assist and regenerative braking. Once at the job site, vehicles can function without using engine power. Instead, workers use the hybrid plug-in battery system to power work site applications, including equipment mounted to the truck. Odyne plug-in hybrid systems can be used on various work truck platforms, including bucket trucks, digger derricks and air compressor truck applications.

“Altec is committed to sustainable solutions,” said Marc Miles, senior vice president at Altec. “That commitment to sustainability is reflected in our broadening line of equipment. We are excited to be working with Odyne to provide the advances of the Odyne hybrid system to better serve and support the growing needs of our customers. When coupled with our other Green Fleet offerings, Altec can match the best hybrid system to meet our customers’ needs, helping them meet their goals for more efficient equipment.”