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Enova (ENA) Announces Hybrid School Bus Order

Press Release Source: Enova Systems, Inc On Wednesday May 26, 2010, 9:00 am EDT

TORRANCE, Calif.–(BUSINESS WIRE)–Enova Systems, Inc (NYSE AMEX: ENA) (AIM: ENV) (AIM: ENVS), a leading innovator of propriety hybrid and electric drive systems, confirmed today that they, along with Navistar International Corporation (NYSE: NAVNews) and its subsidiary IC Bus, will deploy 16 hybrid school buses used for a number of school districts. This deployment represents the initial large scale utilization of US Department of Energy grants for clean school buses. Both Navistar, who claims 61% of the school bus market in North America, and Enova, believe that this initial deployment is a critical next step in the evolution of the hybrid school bus program towards long term production volume.

Enova COO John Mullins said, “The deployment of these initial systems is an affirmation of Navistar’s commitment to the hybrid school bus market. Enova supports this commitment by engineering a post-transmission hybrid drive system that integrates easily and non-invasively.”

Enova anticipates an increase in demand for hybrid school buses powered by Enova’s drive system technologies. Several states and school districts have expressed interest in expanding their hybrid school bus fleets. This interest should continue to grow as more tax credits and incentives become available to ease the transition to hybrid school buses.

“This is not the first time Enova has partnered with Navistar to break new ground in clean vehicle technology,” said Enova CEO and President Mike Staran. “In 2005, we collaborated on the industry’s first production plug-in hybrid vehicle, and we’ve refined the technology since. This order for 16 Enova-powered hybrid school buses solidifies both our companies’ positions as industry leaders.”

Over the past years, Navistar’s plug-in hybrid school buses powered by Enova’s ultra-efficient drive system, have demonstrated a significant improvement in fuel economy and reduction in emissions. The partners expect these efficiencies to drive further demand for Navistar’s hybrid school buses.

About Enova:

Enova Systems (, 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

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, 2009.

Wednesday, May 26th, 2010 Uncategorized