28th Feb 2006 07:03
Enova Systems, Inc.28 February 2006 Enova working with International Truck and Engine on Hybrid Drive Systems TORRANCE, CA, February 28, 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 that it is working with andevaluating Hybrid Drive Systems for International Truck and Engine Corporation(International). Enova confirmed it has delivered a Post Transmission 120 kWHybrid Drive 4200 series Truck to International in November 2005. The deliveryof the truck is in addition to a Hybrid Drive School Bus that was delivered toIC Corp in January 2006. Both the 4200 series truck and the School Bus arecurrently being evaluated by International at their Fort Wayne Technical Center. The performance of the 4200 series International Truck, as delivered by Enova,has yielded an average "fuel consumption" savings of more than 31% and a "milesper gallon" increase in excess of 48%. International Truck and Engine, thenation's largest Medium Duty Truck manufacturer currently supports approximately40% of the Medium Truck build and 60% of the School Bus build in North America."Working with the nation's largest Medium Duty Truck and School Bus manufactureris a great opportunity to display our Hybrid System's substantial fuel savingsand significant emissions reductions" said Mike Staran, Enova's Vice Presidentof Marketing. 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 31,2004. 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 90502310-527-3847Contact: Mike Staran, Vice President of Marketing This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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