7th Aug 2006 07:00
Enova Systems, Inc.07 August 2006 Enova Awarded Major Contract for Sport Utility Trucks TORRANCE, CA, August 7, 2006 - Enova Systems, (OTCBB: ENOV and AIM: ENV andENVS), a leading developer and manufacturer of electric, hybrid and fuel celldigital power management systems, announced today it has received a majorcontract from Phoenix Motorcars, to integrate ten (10) Sport Utility Trucks(SUT) with their 90kW Electric Drive System. Mike Staran, Enova's Vice President of Marketing, commented on the achievement:"Partnering with Phoenix Motorcars helps further establish our penetration intoimportant sectors of the Electric and Hybrid Vehicle Market. We believe theseSport Utility Trucks will have a significant impact on the market and arepleased to be part of Phoenix Motorcar's supply team". The award of the ten (10) 90kW systems follows closely behind Enova'sannouncement last week of a significant Hybrid School Bus award via ICCorporation. "We have extensive experience with the Enova product", commented Daniel Riegert,Chairman of Phoenix Motorcars, "and believe that Enova's power systems meet ourrigorous requirements. We look forward to working with Enova as we move intoproduction of Zero Emission Vehicles." Phoenix Motorcars is headquartered in Ojai, California and are a leader in theproduction of electric vehicles. The mission of Phoenix Motorcars is tomanufacture zero emission vehicles and to reduce the toxic emissions of thelargest contributor to air pollution in personal automobiles. Phoenix Motorcars(www.phoenixmotorcars.com) intends to manufacture additional production volumesthroughout the 2007 calendar year. An SUT vehicle is expected to be on displayat the CARB ZEV symposium in September of this year. About Enova Systems, Inc. Enova Systems is a leading supplier of efficient, environmentally friendlydigital power components and systems products. The Company's core competenciesare focused on the development and commercialization of power management andconversion systems for mobile and stationary applications. Enova applies unique'enabling technologies' in the areas of alternative energy propulsion systemsfor light and heavy-duty vehicles as well as power conditioning and managementsystems for distributed generation systems. The Company develops, designs andproduces drive systems and related components for electric, hybrid-electric, andfuel cell powered vehicles. For further information, contact Enova Systemsdirectly, or visit its Web site at http://www.enovasystems.com. This news release contains forward-looking statements relating to Enova Systemsand its products that are intended to be covered by the safe harbor forforward-looking statements provided by the Private Securities Litigation ReformAct of 1995. Forward-looking statements are statements that are not historicalfacts. These statements can be identified by the use of forward-lookingterminology such as "believe," "expect," "may," "will," "should,'' "could,""project," "plan,'' "seek," "intend,'' or "anticipate'' or the negative thereofor comparable terminology and statements about industry trends and Enova'sfuture performance, operations and products. These forward-looking statementsare subject to and qualified by certain risks and uncertainties. These and otherrisks and uncertainties are detailed from time to time in Enova Systems'periodic filings with the Securities and Exchange Commission, including but notlimited to Enova's annual report on Form 10-K for the year ended December 31,2005. This forward-looking information should be considered only in connectionwith the aforementioned risk factors. Enova assumes no obligation to update suchforward-looking statements. ENOVA SYSTEMS, Inc.19850 South Magellan DriveTorrance, CA 90502310-527-2800Contact: Mike Staran, VP of Marketing/Investor Relations This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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