22nd Feb 2007 07:00
Enova Systems, (AMEX:ENA) (AIM:ENV) (AIM:ENVS), an early stageproduction company in an emerging industry and a leading developer ofproprietary electric, hybrid and fuel cell digital power managementsystems, is pleased to announce that it has been invited toparticipate in WAL*MART's 2007 Supplier Expo and the 2007 Work TruckShow during the months of February and March, 2007. £ Enova will be displaying their products at WAL*MART's "Logistics2007 Year Beginning Meeting Supplier Expo" in Nashville, Tennesseefrom February 28 to March 6, 2007. This exposition is focused onWAL*MART's strategic initiatives and allows WAL*MART's supply base anopportunity to showcase their products. An expected 6,500 WAL*MARTemployees will attend the annual event. WAL*MART has one of thelargest truck fleets in the world with approximately 7,000 vehiclesand 8,000 drivers. Walmart has aggressive environmental initiatives inboth fuel economy improvement and emissions reductions. £ Enova will also participate in the Work Truck Show, taking placein Indianapolis from March 7--9, 2007. The Work Truck Show, held inconjunction with the 43rd Annual National Truck Equipment Association(NTEA) Convention is the largest work truck event in North America.Thousands of commercial truck, trailer and equipment distributors,fleet managers, buyers and maintenance personnel meet at the IndianaConvention Center & RCA Dome in Indianapolis, IN, March 7--9(Convention runs March 6--9). Attendees will be able to check out thenewest products and technology from 450 exhibiting companies, learnhow to improve their operations at nearly 40 training sessions andnetwork with suppliers and peers. £ New this year, a Hybrid Truck & Alternative Fuels Summit kicks offthe Work Truck Show's educational activities on Tuesday, March 6, from10:00AM--4:30PM. The Summit includes several information and trainingsessions covering a variety of alternative fuel and hybrid vehicletechnology topics. The Work Truck Show 2007 includes a number of othernew hybrid and alternative fuel technology features such as aRide-and-Drive and the special "Stepping into the Future Pavilion"highlighting commercially viable hybrid and alternative fueltechnology. £ Depending on the route, Enova's hybrid systems have shown fueleconomy miles per gallon (mpg) improvement is from 30% to 55% orbetter for a Charge Sustaining System, and 70-100% or better for aCharge Depleting Systems. Emission improvements vary with thepollutant being measured and has shown up to a 90% improvement attimes on Particulate Matter based on load and operating conditiondependent. £ Enova's Executive Vice President, Mike Staran, said, "We lookforward to participating in both the WAL*MART expo as well as the WorkTruck Show. We believe our hybrid systems are an excellent complimentto our customer's existing and future vehicle lines. The systems thatwe provide offer our customers significant opportunity in both the newand retrofit markets." £ About Enova Systems, Inc. £ Enova Systems is a leading supplier of efficient, environmentallyfriendly digital power components and systems products. The Company'score competencies are focused on the development and commercializationof power management and conversion systems for mobile and stationaryapplications. Enova applies unique 'enabling technologies' in theareas of alternative energy propulsion systems for light andheavy-duty vehicles as well as power conditioning and managementsystems for distributed generation systems. The Company develops,designs and produces drive systems and related components forelectric, hybrid-electric, and fuel cell powered vehicles. For furtherinformation, contact Enova Systems directly, or visit its Web site athttp://www.enovasystems.com. £ This news release contains forward-looking statements relating toEnova Systems and its products that are intended to be covered by thesafe harbor for forward -looking statements provided by the PrivateSecurities Litigation Reform Act of 1995. Forward-looking statementsare statements that are not historical facts. These statements can beidentified by the use of forward-looking terminology such as"believe," "expect," "may," "will," "should, "could," "project,""plan," "seek," "intend," or "anticipate" or the negative thereof orcomparable terminology and statements about industry trends andEnova's future performance, operations and products. Theseforward-looking statements are subject to and qualified by certainrisks and uncertainties. These and other risks and uncertainties aredetailed from time to time in Enova Systems' periodic filings with theSecurities and Exchange Commission, including but not limited toEnova's annual report on Form 10-K for the year ended December 31,2005. This forward-looking information should be considered only inconnection with the aforementioned risk factors. Enova assumes noobligation to update such forward-looking statements. Copyright Business Wire 2007Related Shares:
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