Enova: Internal Changes to Meet Global Customer Focus
TORRANCE, Calif.--Dec. 9, 2005--Enova Systems (OTCBB:ENOV) (AIM:ENV) (AIM:ENVS), a leading developer and manufacturer of electric, hybrid and fuel cell digital power management systems, announced today that it has implemented a number of personnel changes as it moves from a company focused on development to production and exposure to the global market. The restructuring is specifically focused to allow Enova to continue to exceed customer expectations throughout North America, Europe and Asia.Mr. Don Kang, Vice President of Engineering, in addition to his current Engineering responsibilities, has assumed interim responsibilities for operations. Mr. Kang replaces Mr. Edward Moore, formerly Chief Operating Officer, who has resigned from Enova. Mr. Mike Staran has been promoted to Vice President of Worldwide Sales and Marketing for Enova. Mr. Staran had previously worked in the role as Director of Marketing for the company. Additionally, Enova is pleased to announce that Dr. Abas Goodarzi will assume his previous role as Chief of Technology.
About Enova Systems, Inc.
Enova Systems 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 and stationary 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 drive systems and related components for electric, hybrid-electric, and fuel cell powered vehicles. For further information, contact Enova Systems directly, or visit its Web site at http://www.enovasystems.com.
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, 2004. This forward-looking information should be considered only in connection with the aforementioned risk factors. Enova assumes no obligation to update such forward-looking statements.