Enova Solidifies Market Leadership at Three Major Upcoming Trade Events
January 21 2010 - 6:30PM
Business Wire
Enova Systems, Inc. (NYSE AMEX:ENA) (AIM:ENV) (AIM:ENVS), a
leading innovator of proprietary hybrid and electric drive systems
propelling the alternative energy industry, today announced that it
will be participating and presenting in three major trade events
over the next few months:
- The 2010 Electric Drive
Transportation Association Conference (EDTA), hosted in Washington,
DC on January 26 – 28, 2010.
- The CleanEquity Monaco 2010
Conference, held March 4 – 5, 2010, at the Le Sporting d'Hiver,
Place du Casino in the Principality of Monaco.
- The National Truck Equipment
Association “Work Truck Show” and Green Truck Summit Conference at
America’s Center in St. Louis, MO, on March 9-12, 2010.
For the first of these events, Enova will be joining a
prestigious panel of speakers at the 2010 EDTA Conference.
Co-located with the Washington, DC Auto Show, this year’s
Conference will focus on the next generation of zero-emission
transportation.
“The conference provides us the ideal platform to build
awareness for Enova’s all-electric and hybrid electric drive system
technologies for use in medium and heavy-duty applications,” said
John Mullins, Enova’s Chief Operating Officer. “While helping
propel the conversation about low and zero emission commercial
transportation, we’ll also be solidifying our position as a
technology leader in this market.” Enova will be joining a panel of
industry experts on Wednesday, January 27, as they address the
advantages and recent breakthroughs in deploying zero-emission
drive system technology in commercial trucks.
The Washington, DC location for this year’s EDTA Conference
reflects the current Administration’s push to deploy more green
fleets in the months and years ahead. Among those attending the
Conference are a number of prominent legislators and
representatives from government agencies that have been tasked with
reducing their carbon footprints and reducing U.S. dependence on
imported oil. For more information about the 2010 EDTA Conference,
visit www.ElectricDrive.org.
Following the EDTA Conference, Enova will present at the
CleanEquity Monaco 2010 Conference, held March 4 – 5, 2010 at the
Le Sporting d'Hiver, Place du Casino in the Principality of Monaco.
CleanEquity Monaco assists emerging clean technology companies like
Enova in accelerating the commercialization of their technologies,
by connecting them to key players from the investment, political,
industry and media communities. At this year’s Conference, sector
experts will lead a range of breakout sessions to explore key
industry themes, drivers and constraints, as well as
forward-looking trends.
Participating in one of these sessions, Enova Systems Chief
Executive Officer Mike Staran and Chief Financial Officer Jarett
Fenton will discuss Enova’s technology, products, growing customer
base and expanding market opportunity, as well as the competitive
landscape.
Staran commented: "The current rate of growth in the alternative
energy industry makes this an ideal time for us to drive broad
visibility to potential stakeholders." Parties interested in
scheduling a meeting with Enova at this conference are urged to
contact Jarett Fenton at (310) 527-2800 ext. 103 or Allen &
Caron Inc., Enova’s agency for investor relations and corporate
communications at (949) 474-4300.
On the heels of the CleanEquity Monaco 2010 Conference, Enova
will also participate in the National Truck Equipment Association
(NTEA) “Work Truck Show” and Green Truck Summit Conference — a
major industry event for commercial vehicle OEMs, national fleet
operators, and vehicle equipment manufacturers that comprise
Enova’s core customer base.
Hosted at America’s Center in St. Louis, MO on March 9 - 12,
2010, this trade event will prominently feature Enova’s
all-electric drive train technology for commercial vehicles at a
number of venues. Throughout the event, Enova will actively support
Freightliner Customer Chassis Corporation (a division of Daimler
Trucks North America), who is partnering with Enova to develop and
integrate all-electric walk-in van chassis targeted at the parcel
delivery and urban route delivery fleet market.
“Our partner FCCC is taking a leading role in reducing harmful
emissions and fleet operating costs now and in the years ahead,”
explained Staran. “Enova is pleased to enter this partnership and
support FCCC.”
Also participating in the Conference is key Enova customer Smith
Electric Vehicles US, which will feature Enova’s 120 kW
all-electric drive train and on-board charging technology in their
Smith Newton commercial delivery trucks.
Conference attendees will also have the opportunity to
experience the outstanding performance, zero emissions and quiet
ride offered by the Enova Ze, the company’s all-electric walk-in
van designed and developed by Enova’s Vehicle Integration Team. As
part of the NTEA alternative fuel ride-and-drive program, attendees
will be able to drive the Ze on a 2-mile route outside the
America’s Center.
Said Staran, “Having the Enova Ze at the NTEA Ride-and-Drive
allows us to demonstrate the many advantages of this clean vehicle
technology.”
About Enova
Enova Systems (NYSE AMEX:ENA) (AIM:ENV) (AIM:ENVS) 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.
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, 2008.
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