Enova Systems (ENOV)

[hayhauler]

I find it hard to believe that there would be anyone still in this stock. Hard to believe.

[JUST 10-11-12]

believe it is tomorrow.

Keith

[treepeople]

45-1 R/S coming? Forecasted in the PR for their London launch...

Edited Press Release

LONDON (Dow Jones)--Enova Systems, Inc said Tuesday that trading in its common shares is expected to start on July 26 on the AIM Market of the London Stock Exchange.
The company is placing 5.35 million new common shares at 215 pence per share to raise GBP11.5 million and based on the placing price the company will have a market capitalisation of GBP31.7 million
Enova developes and produces proprietary, commercial power management systems for transportation vehicles in addition to providing these systems for stationary power applications. Power management systems control and monitor electric power in an automotive or commercial application such as a car or a stand-alone power generator.
Enova's principal focus is on the development and marketing of propulsion power management systems for hybrid electric vehicles, in particular buses, lorries and other heavy duty vehicles.
Enova is a U.S. incorporated company based in Torrance, California, USA, and has 30 employees. Enova's Common Shares are currently traded on the OTC Bulletin Board in the U.S. and as at July 15 had a market capitalisation of $40.1 million (GBP22.9 million).
The net proceeds of the placing to be received by the Company of GBP10.3 million will be used principally to strengthen its balance sheet, accelerate research and development expenditure and expand its production capabilities and for general working capital purposes.
Investec Bank (U.K.) Limited, acting through its divisions Investec Investment Banking and Investec Securities, is the Company's Nominated Adviser and Broker.
The placing price of 215 pence per share - post the forty-five for one stock consolidation - is equivalent to $0.084 per share before the stock consolidation and applying an exchange rate of GBP1:$1.75, prevailing on July 18, 2005. At July 15, 2005, the price of an Enova common share (pre stock consolidation) was $0.095 per share.

(END) Dow Jones Newswires

[new83]

What is Raging Bulls URL? - I would like to visit the site - Thank YOU

[new83]

Thanks for posting the Feb,2004 letter - I am new to ENVA - whatever happened in the Ford situation? - if Ford is using their product, why isn't there a better revenue stream? I seem to remember that ENVA is furnishing their equipment in the Prius hybrid tests. Wonder what has happened between Feb. 2004 and now with Ford? Thanks in advance. Happy Memorial Day. - I am a WWII Vet. Spent three years in the Pacific - Cheers

[RagingBull1]

Raging Bull's Board is more active.

[JUST 10-11-12]

really added a lot of ENVA in the past week. Target????


Keith

[BLIZ]

Enova Systems Delivering Production Power Components to Ford for Fuel Cell Hybrid Focus FCV

Wednesday, February 25, 2004 06:00 ET

TORRANCE, Calif., Feb 25, 2004 (BUSINESS WIRE) -- Enova Systems (OTCBB:ENVA), Torrance, California, a developer and manufacturer of electric, hybrid and fuel cell digital power management systems, announced today that it has received a purchase order and will commence delivery of production high voltage power conversion systems (HPC) for the Ford Motor Company's (NYSE:F) Focus FCV, a hydrogen powered fuel cell vehicle.

Enova's bi-directional high voltage power converter is a critical component of the fuel cell power system, converting and regulating high voltage power to lower voltages for use in mobile and stationary fuel cell systems. For the Ford Focus FCV, Enova's module transfers power between the fuel cell, the drive system and the battery and assists in energy recovery during regenerative braking. The source of propulsion power is therefore transparent to the driver, allowing him to concentrate on normal vehicle operation.

Since its introduction, Enova has utilized the high voltage power converter in many other fuel cell configurations including applications for Hyundai Motor Company and the U.S. Air Force's fuel cell bus at Hickam Air Base. Enova intends to market the high voltage power converter in other mobile and stationary power applications in the future.

"We believe the high voltage power converter has great potential for fuel cell vehicles and stationary applications," stated Carl D. Perry, president and CEO. "As these fuel cell powered applications become more prevalent, Enova's high voltage power converter and our other digital power management components will provide a vital link between the fuel cell and the end-user to provide seamless operation and maximum efficiency. This production programs with Ford adds great value to Enova from both an engineering and quality perspective and we look forward to our continued teaming with them in the future."

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.

SOURCE: Enova Systems


CONTACT: Enova Systems
For Marketing and Sales Information:
Edward Moore, 310-527-2800 ext. 114
[e-mail]
or
For Investor Relations:
Larry Lombard, 310-527-2800 ext. 103
[e-mail]

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[goliath003]

enova gonna explode in 2004

[bidou]

Can't wait to see where this one goes!

[farmermike]

sure is quiet around here!!! eom.

[farmermike]

today enova released 2 p.r's. the first announcing a marketing agreement with capstone and the second a deal to supply 240kwh drives to gillig buses. the gillig deal alone could bring 500 million in revenues in the next 4 years. details for ford, hyundai, u.s postal, u.s parks, solectrica etc.. are to follow. the next big event is the fuel cell show in california nov.1.
this will not be a penny stock for much longer. i love it when a plan comes together!

mike

[farmermike]

enova has a press conference scheduled for 3:45 tomorrow from the evs17 show in montreal. look for a sharp move in the price. news could come from relationships with one or all of the following: avestor, ford, capstone, hyundai. the plan for the past several months has been to "make a splash" at this show. the days of trading below .50 are history. it's show time!

mike

[farmermike]

company d/d....

for an excellent synopsis on what is happening with enova systems: http://www.ragingbull.altavista.com/mboard/boards.cgi?board=ECAR&read=10237

welcome to enova systems (ecar otcbb)

mike

[farmermike]

reg....

ecar will be present at the evs in montreal on oct.17. it is expected substantial news will be released. for great dd check out "the kernel's info for new investors" on rb. i'm pressed for time, have to run.

mike

p.s

i am "happyland", farmermike is much more suitable.

[RegGuheert]

Hi Mike,

happyland on RB recommended ECAR on the PWTC board Friday. I spent a little time doing DD, but didn't get very far. This stock is in the area where I am interested in investing, but I didn't see anything overly compelling, yet. I'm not bashing, but rather am looking for some compelling information. Can you point me in the right direction.

Thanks in advance,

Reg

[farmermike]

WELCOME!....

i have creared this board to discuss issues affecting our ownership in enova systems. as supreme dictator (chairman) i will be fair and allow virtually any opinion, pro or con, as long as it conforms to my own lol. i look forward to your response, insiders welcome!

mike