15th Jan 2007 07:01
Enova Systems, Inc.15 January 2007 Enova Promotes Mike Staran to Executive Vice President TORRANCE, CA, January 15, 2007 - Enova Systems, (AMEX: ENA and AIM: ENV andENVS), an early stage production company in an emerging industry and a leadingdeveloper of proprietary electric, hybrid and fuel cell digital power managementsystems, announced today that Mike Staran has been promoted to Executive VicePresident of the company. Mike consulted for Enova from November 2004 throughFebruary 2005 when he was hired as Director of Sales and Marketing. In September2005, Mike was promoted to Vice President of Sales and Marketing. In his new role, Mike will be responsible for Sales and Marketing, Operations,Engineering and Investor Relations. A significant emphasis will be made tostrengthen Enova's resources with capable, highly effective personnel in orderto meet the requirements of their existing and potential customer base. Mr. Staran brings over 24 years of experience in business development, productmanagement, sales and marketing, and engineering. Mr. Staran was recentlyworking in the automotive industry as the president of Effective SolutionsPeople LLC., providing specialized consulting to the OEM supplier segment. Hisprior affiliations and work history range from companies such as Ford, GeneralMotors and DaimlerChrysler to suppliers such as Johnson Controls Inc. and DecomaInternational where he was vice president of sales and marketing for 13 years.At Decoma, a division of Magna International, Mike aided in an overallincremental sales growth of 85% from Cdn$850 million to over Cdn$1.6 billion.Mr. Staran holds a Bachelor of Science degree in Mechanical Engineering with aminor in Mathematics from Lawrence Technological University in SouthfieldMichigan. "Mike has made a significant impact on our company since he joined us in a Salesand Marketing role. I look forward to him creating further synergies betweensales, engineering and operations as we continue to move into the productionsegment of our market" stated Ed Riddell, Enova's President and CEO. About Enova: Enova Systems (http://www.enovasystems.com) is a leading supplier of efficient,environmentally friendly digital power components and systems products. TheCompany's core competencies are focused on the development and commercializationof power management and conversion systems for mobile applications. Enovaapplies unique 'enabling technologies' in the areas of alternative energypropulsion systems for light and heavy-duty vehicles as well as powerconditioning and management systems for distributed generation systems. TheCompany develops, designs and produces non-invasive drive systems and relatedcomponents for electric, hybrid-electric, and fuel cell powered vehicles in boththe "new" and "retrofit" vehicle sales market. For further information, contactEnova Systems directly, or visit its Web site at http://www.enovasystems.com. ENOVA SYSTEMS, Inc.19850 South Magellan DriveTorrance, CA 90502310-527-2800Contact: Mike Staran, VP of Marketing/Investor Relations Additional Information: 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 information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Enova Systems Inc