09:47 AM EST - Azure Dynamics Corporation : and RøhneSelmer AS announced today that they signed a Letter of Intent (the "LOI") to enter into an agreement whereby RohneSelmer will import and distribute up to 400 Ford Transit Connect Electric vans annually. The LOI is not a purchase order, but rather sets in motion a collaborative effort to reach a definitive distribution agreement within the coming weeks to further develop the business in the Nordic Region. RøhneSelmer will focus its importation, distribution, sales and service effort in Norway. Azure Dynamics Corporation
shares T.AZD are trading even at $0.08.
