Remy International Formalizes Long Term Electric Motor Supply Agreement with AMP Holding, Inc.

PENDLETON, Ind., Aug. 10 /PRNewswire/ -- Today, Remy International, Inc. and AMP Holding, Inc. (OTC Bulletin Board: AMPD) executives signed a long term electric motor supply agreement for the first-ever plug-in electric crossover vehicle.  AMP Holdings is publically traded as AMPD.  Under the agreement, Remy will be the exclusive electric motor supplier providing the patented Remy HVH250™ for the custom AMP electric crossover vehicle conversions.

AMP, a company engaged in the emission-free electrification of OEM vehicles, earlier this year unveiled its 100% electric 2010 GM Chevrolet Equinox at the grand opening of its U.S. production headquarters in Cincinnati, OH.  Since the event, AMP has quickly moved into production of the AMP'd Equinox.  By starting with the award-winning 2010 Chevy Equinox, AMP's unique approach to creating an all-electric vehicle has enabled AMP to beat the competition and become the only company to bring a full-size, high performance American crossover electric vehicle to market.

AMP CEO Steve Burns said, "The entire AMP team is intensely focused on providing our customers with the highest quality products and services when they purchase their Amp electric vehicle.  That is why it was critical for us to find partners whom we can trust and count on.  Remy International is that kind of partner.  Remy's brand represents reliability and their electric motor is the best motor on the market today.  We are very pleased to be working with such a strong company of individuals who share our values of quality and customer service."

Powered by Remy's HVH250 electric motors, the AMP electric powertrain has a range of up to 150 miles per charge, will reach a top speed of 90 miles an hour and will go from zero to 60 miles per hour in approximately eight seconds, with a charge voltage of either 110V or 220V. Aggressively priced for a 5-seat electric vehicle at below $50,000 (after government tax credits), the AMP'd 2010 Equinox brings the country's only full-sized electric vehicle within reach of many Americans.

Remy International CEO John Weber said, "AMP continues to be a leading American made electric vehicle provider.  We are proud to be a strategic partner in their innovation.  Our relationship holds tremendous potential for both companies.  As electric vehicles demand grows, so will the interest in larger electric vehicles like the AMP crossover.  It drives wonderfully and makes no sacrifice in the amenities consumers expect.  This family sized vehicle can rely on the Remy electric motors.  Our motors are backed by over a billion miles of proven reliability."

Remy's patented High Voltage Hairpin (HVH) technology's world-class torque and power density deliver added speed and range to AMP's electric vehicles.  Brands like AMP Electric Vehicles, GM, BMW, Aptera and Allison Transmission use the Remy HVH electric motor because of its superior technology, reliability and the speed to market that comes with Remy's existing global production capacity.  

Today, there are more than 80,000 customer-validated Remy motors on the road. With over a billion miles of proven reliability, Remy's compact HVH electric propulsion motors are power-dense, lab tested and road proven.  

For more details about the HVH250 Series electric motors visit the Remy website at: http://www.remyinc.com/hvh.asp.

About Remy International, Inc.

Remy International, Inc., headquartered in Pendleton, Indiana, is a leading global manufacturer, remanufacturer and distributor of light duty starters and alternators and Delco Remy brand heavy-duty systems.  Remy International also manufactures and distributes electric propulsion motors designed with leading edge technology and backed by the security of over a billion miles of proven reliability. In business for over 100 years, today Remy International is actively collaborating with companies throughout the world to develop innovations that are transforming the vehicle industry. Recently, Remy International was recognized by the United States Department of Energy for its leadership role in the hybrid technologies space and awarded a $60 million grant under the Electric Drive Vehicle Battery and Component Manufacturing Initiative.

To learn more, visit the Remy brand website at www.remyinc.com.

About AMP Holding Inc.

AMP was founded in 2007 by automotive industry veterans who have created several hi-tech companies. Currently, the AMP team is comprised of top engineers and business executives, as well as two key pioneers of GM's EV1 project. AMP's first models to all-electric are the GM Sky and the Pontiac Solstice, and most recently, the Chevrolet Equinox. Since its inception, the AMP all-electric GM Sky has proven itself to be an idea that has generated an extreme amount of interest, with inquiries coming from around the world. AMP will be electrifying a wide range of GM vehicles, and expects to announce new model additions in 2010. The Company expects its vehicle electrification technology will provide new solutions to America's energy demands.

To learn more, visit the AMP website at www.ampelectricvehicles.com.

This material is based upon work supported by the Department of Energy under Award Number DE-EE0002023.  This release was prepared as an account of work sponsored by an agency of the United States Government.  Neither the United States Government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights.  Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof.  The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof."

SOURCE Remy International, Inc.