Enova Promotes Mike Staran to Executive Vice President
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TORRANCE, Calif.--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, announced today that Mike Staran has been promoted to Executive Vice President of the company. Mike consulted for Enova from November 2004 through February 2005, when he was hired as Director of Sales and Marketing. In September 2005, Mike was promoted to Vice President of Sales and Marketing.
In his new role, Mike will be responsible for Sales and Marketing, Operations, Engineering and Investor Relations. A significant emphasis will be made to strengthen Enova’s resources with capable, highly effective personnel in order to meet the requirements of their existing and potential customer base.
Mr. Staran brings over 24 years of experience in business development, product management, sales and marketing, and engineering. Mr. Staran was recently working in the automotive industry as the president of Effective Solutions People LLC, providing specialized consulting to the OEM supplier segment. His prior affiliations and work history range from companies such as Ford, General Motors and DaimlerChrysler to suppliers such as Johnson Controls Inc. and Decoma International, where he was vice president of sales and marketing for 13 years. At Decoma, a division of Magna International, Mike aided in an overall incremental sales growth of 85% from Cdn$850 million to over Cdn$1.6 billion. Mr. Staran holds a Bachelor of Science degree in Mechanical Engineering with a minor in Mathematics from Lawrence Technological University in Southfield, Michigan.
“Mike has made a significant impact on our company since he joined us in a Sales and Marketing role. I look forward to him creating further synergies between sales, engineering and operations as we continue to move into the production segment of our market,” stated Ed Riddell, Enova’s President and CEO.
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.