Enova Selects Adams, Harkness & Hill as New Investment Banking Firm

TORRANCE, Calif.--Aug. 1, 20034, 2003--Enova Systems (OTCBB:ENVA) announced today that it has retained Adams, Harkness & Hill to provide exclusive financial advisory services and act as its investment bank. Enova intends to utilize the services of Adams, Harkness & Hill to assist in both its near-term financing plans to accompany its NASDAQ introduction listing, as well as its long-term strategic partnering to further the growth of the Company.

"Adams, Harkness & Hill is a premier boutique investment bank, with significant expertise and analysis in the emerging new energy technology sector that Enova is involved in. We believe that Adams, Harkness & Hill's considerable expertise will assist Enova in its efforts to further penetrate the mobile and stationary power management sectors," stated Carl Dean Perry, President and C.E.O.

Adams, Harkness & Hill is a privately held institutional investment bank focused on growth companies in the technology, healthcare and consumer sectors. With a focus on research-driven investment ideas, Adams, Harkness & Hill offers investment banking, institutional sales and trading, asset management and corporate services. Headquartered in Boston, and with offices in San Francisco, Adams, Harkness & Hill offers the expertise of a national investment bank with the personalized attention and long-term client relationships of a boutique investment bank. More information is available at www.ahh.com. Member NYSE/NASD/SIPC.

Enova believes it is a leader in the development of leading-edge technologies for electric, hybrid-electric and fuel-cell-powered mobile applications. The company's growth and development over the last few years in heavy-duty power management and drive systems, as well as its technological advances in fuel-cell power management and system control, have made Enova an emerging leader in this sector.

"Enova Systems is uniquely positioned in the alternative energy field, through its breadth of technologies, and brings to the market place a unique mix of products and technology which have significant potential growth in mobile and stationary power applications," said Peter Cahill, Principal, Adams, Harkness & Hill. "Adams, Harkness & Hill looks forward to assisting Enova Systems to meet its goals."

This news release contains forward-looking statements relating to Enova Systems and its products. These forward-looking statements are subject to and qualified by certain risks and uncertainties. Such statements do not imply the future success of the Company or its products. These risks and uncertainties and other risks are detailed from time to time in Enova Systems' periodic filings with the Securities and Exchange Commission under the name Enova Systems, Inc., including but not limited to Enova's annual report on Form 10-K for the year ended December 31, 2002. Enova assumes no duty to update these statements.