Press release article from our research archive:

Odyne Corp. Provides Business Update and Reports Financial Results for Second Quarter 2007.

HAUPPAUGE, N.Y. -- Odyne Corporation (OTCBB: ODYC), a leading developer of advanced plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, today provided an update on its business and reported financial results for its second quarter ending June 30, 2007.

Total revenue for the three months ended June 30, 2007 was $299,274, compared to $115,564 for the same period in 2006, representing an increase of 159%. The second quarter revenue represented a sequential increase of over 1,200%. Total revenue for the first half of 2007 was $322,056, compared to $169,224 for the same period in 2006, representing an increase of 90%.

Roger M. Slotkin, Chairman and CEO, ...

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