Enova Systems and Hyundai Continue Fuel Cell Partnership

    TORRANCE, Calif.--Feb. 26, 2002--Enova Systems, Torrance, California (OTCBB:ENVA), announced that it is further developing, in conjunction with Hyundai Motor Company, the next generation Santa Fe Fuel Cell Electric Vehicle (FCEV), a fuel cell-powered sport utility vehicle which utilizes Enova Systems' 90kW Panther Drive System, Fuel Control, and Fuel Cell Monitoring System.
    The initial Santa Fe FCEVs were developed by a team comprised of Hyundai Motor Company, UTC Fuel Cells, Quantum and Enova Systems. These next generation vehicles will encompass enhanced technology over the prototype vehicles that were originally introduced at the California Fuel Cell Partnership at its grand opening in Sacramento. Enova Systems developed the drive train, protection and power management systems and data acquisition systems for the vehicle in conjunction with Hyundai. This experience as well as Enova technology derived from fuel cell programs with other OEM customers will be used in the development of the commercially producable system. Enova Systems hardware and software manages the power supplied by the fuel cell and converts it into propulsion power for the vehicle as well as monitoring the fuel cell and hydrogen delivery system.
    "Hyundai Motor Company continues to be an important partner in our development of hybrid and fuel cell automotive technologies and our ability to deliver on such vital systems for their future, truly underscores our position in the global automotive alternative fuel market," stated Carl Dean Perry, President and CEO of Enova. "We look forward to expanding our alliance with Hyundai Motor Company as a leading developer and supplier of high quality power systems and drive systems for their production of hybrid and fuel cell vehicles."
    The Enova-Hyundai announcement follows a White House meeting with President Bush on February 25, 2002 where Enova joined Daimler-Chrysler, Ford, General Motors and United Technologies to discuss fuel cell and hybrid automotive applications. Bush underscored his commitment to fuel cell development and examined prototype fuel-cell hybrids from the American automakers. The President expressed support for the Department of Energy "Freedom Car" initiative to commercialize fuel cell vehicles, and noted that his budget includes $3 billion, over the next decade, for incentives for purchasing advanced technology vehicles.

    About Enova Systems

    Enova Systems, with headquarters in Torrance, California and offices in Hawaii and South Korea, is a leading designer, developer, and manufacturer of power management and conversion systems for the global mobile and stationary alternative energy market. The company's technology and products in power conversion, energy management, and system integration enable Enova Systems to integrate a wide range of power sources, including advanced batteries, fuel cells, and turbine generators, in these power applications. The Company's product lines include the Panther(TM) propulsion systems ranging from 10kW to 240kW, DC-DC supplies for low voltage accessories, and power management systems for batteries, fuel cells, turbines and other components. Enova's propulsion systems and components are used in OEM vehicles from Hyundai Motor Company and are supplied to Ecostar for use in the Ford Th!nk city vehicle. Enova also develops and manufactures propulsion systems for transit buses and airport trams. For more product details and other news see the Enova website at www.enovasystems.com.