Word of the Day

Commodity

Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.

What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)

So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.

Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.

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Wednesday, July 02, 2008

AZURE DYNAMICS CORPORATION - Issue of Equity

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Comtex

Jul 02, 2008 (PR Newswire Europe via COMTEX) ----

Azure Dynamics announces issuance of Deferred Share Units OAK PARK, MI, July 2 /CNW/ - Azure Dynamics Corporation (TSX:
AZD & LSE: ADC) ("Azure") a leading developer of hybrid electric and electric powertrains for commercial vehicles has
granted 121,393 Deferred Share Units ("DSUs") to Director, James J. Padilla as of June 30, 2008. Mr. Padilla has agreed to
accept DSUs in respect to payments due under his consulting agreement in lieu of cash. The DSUs are issued pursuant to the
Company's Deferred Share Unit Plan. Information on the Company's Deferred Share Unit Plan can be found in the Management Information
Circular filed on May 22, 2008 in the SEDAR filing system at www.sedar.com. About Azure Dynamics Azure Dynamics Corporation
(TSX: AZD) (LSE: ADC) is a world leader in the development and production of hybrid electric and electric components and powertrain
systems for commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets
and is currently working internationally with various partners and customers. The Company is committed to providing customers
and partners with innovative, cost-efficient, and environmentally friendly energy management solutions. For more information,
please visit www.azuredynamics.com. The TSX and LSE Exchanges do not accept responsibility for the adequacy or accuracy of
this release. Forward-looking Statements This press release contains forward-looking statements. More particularly, this press
release contains statements concerning Azure's business development strategy, projected commercial revenues and product deliveries.
The forward-looking statements are based on certain key expectations and assumptions made by Azure, including expectations
and assumptions concerning achievement of current timetables for development programs, target market acceptance of Azure's
products, current and new product performance, availability and cost of labour and expertise, and evolving markets for power
for transportation vehicles. Although Azure believes that the expectations and assumptions on which the forward-looking statements
are based are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no
assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their
very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated
due to a number of factors and risks. These include, but are not limited to, the risks associated with Azure's early stage
of development, lack of product revenues and history of losses, requirements for additional financing, uncertainty as to commercial
viability, uncertainty as to product development and commercialization milestones being met, uncertainty as to the market
for Azure's products and unproven acceptance of Azure's technology, competition for capital, product market and personnel,
uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as
to patent and proprietary rights, availability of management and key personnel, and acquisition integration risk. These risks
are set out in more detail in Azure's annual information form which can be accessed at www.sedar.com. The forward-looking
statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly
or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws. For further information: ON AZURE, CONTACT: Ryan Carr, Chief Financial Officer,
(248) 298-2403, Email: rcarr(at)azuredynamics.com; David Poutney, Stuart Skinner, Richard Kenny, Tel: +44 207 260 1000, Numis
Securities Limited, Nominated Adviser to the Company (AZD. ADC) END