Press releases

ISE Corporation Named Clean Technology Winner at AeA 15th Annual High Tech Awards

SAN DIEGO, CA, December 8, 2008 — ISE Corporation was selected as winner of the Clean Technology award at the AeA's 15th Annual High Tech Awards by the San Diego chapter of the AeA, the nation's largest high-tech industry association. On October 31st the AeA recognized local technology companies for their achievements in technological innovation, civic contributions and industry accomplishments.

This year marked the 15th anniversary of the San Diego High Tech Awards. More than 500 technology executives, including AeA members and non-members, came together to recognize the successes of local technology companies from a diverse set of categories, which included many first time nominees, demonstrating the growth and strength of the technology cluster in San Diego.

ISE is a leading designer, developer and manufacturer of hybrid-electric drive systems and components for heavy-duty vehicles, such as transit buses and trucks. In addition, ISE is a world leader in energy storage systems and fuel cell control technologies for heavy-duty vehicles, and the preferred distributor and system integrator of Siemens ELFA® electric and hybrid-electric drive components for the U.S. transit bus market. To date, ISE has delivered more than 200 hybrid-electric drive systems which have accumulated over 9 million miles.

"This year's AeA High Tech Awards were a huge success, and we are thrilled with the companies selected as award winners in their categories," said Kevin Carroll, AeA executive director. "Those selected are a true reflection of the high level of innovative, influential companies in the San Diego region."

This year's winners were selected by a cross-section of local technology leaders. The 15th Annual AeA High Tech Awards were sponsored by Barney & Barney, CMTC, CB Richard Ellis, Comerica " Technology Life & Sciences Division, Deloitte & Touche, Procopio, SMS Technologies, TLC Staffing and United Healthcare.

For more information about the awards, visit AeA's web site at http://www.aeanet.org/techawards.

About ISE Corporation:
ISE Corporation, based in San Diego, CA, is a leading supplier of hybrid drive systems and components for heavy-duty vehicles such as buses, trucks, trams, airport equipment, and military vehicles. ISE is a world leader in electric, hybrid-electric, and fuel cell technologies, and the only authorized distributor of Siemens ELFA® electric and hybrid-electric drive components for the U.S. transit bus market. www.isecorp.com

About AeA:
AeA, founded in 1943, is a nationwide non-profit trade association that represents all segments of the technology industry and is dedicated solely to helping our members' top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit www.aeanet.org.

Contact:
Gary Willms
Vice President of Business Development, ISE Corporation
gwillms@isecorp.com

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Safe Harbor Statement: Certain statements contained in this press release are forward-looking in nature. These statements can be identified by the use of forward-looking terminology, such as "believes," "expects," "may," "will," "should,'' or "anticipates'' or the negative thereof or comparable terminology, or by discussions of strategy. ISE's business and operations are subject to a variety of risks, uncertainties and other factors. Consequently, actual results may materially differ from those projected and/or stated by any forward-looking statements. Such risks, uncertainties and other factors that could cause actual results to differ from those projected include, but are not limited to, the following: (1) the need for increased ISE investment to support product and new services introductions, (2) ISE's ability to raise additional capital when and if needed, and (3) market acceptance of ISE's products and services. ISE Corporation, Siemens Venture Capital GmbH, Siemens Venture Capital, Inc., Macquarie Clean Technology Funds, DTE Energy Ventures, Inc., NGP Energy Technology Partners L.P., and Rockport Capital Partners make no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

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