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ENA Endesa SA

17.505
-0.47 (-2.61%)
28 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Endesa SA TG:ENA Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.47 -2.61% 17.505 17.47 17.53 18.025 17.435 18.025 6,452 21:00:00

Enova Systems Selects Allen & Caron for Investor Relations, Corporate Communications

31/08/2009 10:30am

PR Newswire (US)


Endesa (TG:ENA)
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TORRANCE, Calif., Aug. 31 /PRNewswire/ -- Enova Systems Inc. (NYSE Amex: ENA) (AIM: ENV and ENVS), a production company in the emerging alternative energy industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, announced today that it has selected Allen & Caron Inc., with offices in New York City, Irvine, CA and London, as its agency for investor relations and corporate communications. Allen & Caron will help Enova Systems develop an outreach program to increase visibility in the investment community. Enova Systems Chief Executive Officer Mike Staran commented: "With the current rate of growth in the alternative energy industry, it is the right time for us to generate broader visibility in the investment community and financial media. Our immediate goals are to increase our Company's trading liquidity and valuation. We selected Allen & Caron because of their well-established reputation for helping small-cap companies develop effective communications and for increasing their exposure to influential investors." Allen & Caron Chairman and Chief Executive Officer Joseph Allen said: "Enova's robust and innovative technologies are focused on two of the fastest growing areas of the global automotive industry - hybrid and all-electric vehicles. The Company just delivered a significant order of hybrid drive systems to First Auto Works of China, an important customer, and has already established a very strong global customer base, which is a significant accomplishment in this competitive market." Allen added: "Enova's strategy for expansion and for achieving sustainable profitability makes it a compelling investment opportunity, which will be the focus of our efforts going forward." About Enova Systems Enova Systems Inc., an international company headquartered in Torrance, Calif., is the leading developer of electric and hybrid drive systems for buses and medium-duty vehicles. Enova produces four drive configurations (Pure Electric, Series Hybrid with Diesel Generator, Pre and Post Transmission Parallel Hybrids) for customers including Navistar's IC Bus Division, Smith Electric Vehicles and the China FAW Group Corporation. Enova's drive systems have powered thousands of electric and hybrid vehicles since 1980. For more information, visit http://www.enovasystems.com/ About Allen & Caron Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City and London; maintains representation in Paris; and has an affiliate relationship with a leading investor relations firm in Italy, with offices in Milan and Rome. For more information, visit http://www.allencaron.com/ Contacts Enova Systems Inc. Jarett Fenton, CFO (310) 527-2800 Allen & Caron Inc. Rudy Barrio (Investors) (212) 691-8087 Brian Kennedy (Media) (212) 691-8087 DATASOURCE: Allen & Caron Inc. CONTACT: Jarett Fenton, CFO of Enova Systems Inc., +1-310-527-2800; or investors, Rudy Barrio, , or media, Brian Kennedy, , both of Allen & Caron Inc., +1-212-691-8087 Web Site: http://www.allencaron.com/ http://www.enovasystems.com/

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