Enova Systems, (AMEX:ENA) (AIM:ENV) (AIM:ENVS), an early stage production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, is pleased to announce that its 120kW System has been chosen to power four Optare Solo Buses, integrated by UK-based Traction Technology Plc. The Buses will incorporate Enova's 120kW Series Hybrid drive system.
This award follows extensive competitive trial evaluation by Merseytravel. This is the first time that Traction has been part of a head-to-head evaluation of its hybrid system and their success in this trial is seen by Enova as a critical indicator in Traction's plans for the adoption of its offering in the UK market and beyond.
Enova Systems' Terry Morano stated, "The fact that these vehicles are running with ultracapacitors illustrates the flexibility of Enova's Electric Drive System's towards diverse power systems, such as batteries, fuel cells, bio fuels, hydrogen, and now, ultracapacitors."
Traction Technology Plc is a designer and distributor of environmentally friendly, low emission series diesel electric hybrid engine systems. The confirmed contract with Merseytravel is to supply four hybrid Optare Solo buses. Each will be powered by a hybrid diesel system, in tandem with an ultracapacitor power pack.
About Enova:
Enova Systems (http://www.enovasystems.com) is a leading supplier of efficient, environmentally friendly digital power components and systems products. The Company's core competencies are focused on the development and commercialization of power management and conversion systems for mobile applications. Enova applies unique "enabling technologies" in the areas of alternative energy propulsion systems for light and heavy-duty vehicles as well as power conditioning and management systems for distributed generation systems. The Company develops, designs and produces non-invasive drive systems and related components for electric, hybrid-electric, and fuel cell powered vehicles in both the "new" and "retrofit" vehicle sales market. For further information, contact Enova Systems directly or visit its Web site at http://www.enovasystems.com.
ENOVA SYSTEMS, Inc.
1560 West 190th Street
Torrance, CA 90501
310-527-2800
Contact: Jarett Fenton, CFO/Investor Relations
Additional Information:
This news release contains forward-looking statements relating to Enova Systems and its products that are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified 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 or comparable terminology and statements about industry trends and Enova's future performance, operations and products. These forward-looking statements are subject to and qualified by certain risks and uncertainties. These and other risks and uncertainties are detailed from time to time in Enova Systems' periodic filings with the Securities and Exchange Commission, including, but not limited to, Enova's annual report on Form 10-K for the year ended December 31, 2006.