PENDLETON, Ind., March 7, 2012 /PRNewswire/ -- Remy
International, Inc., North
America's largest independent manufacturer of advanced
electric propulsion motors, and Enova Systems, Inc. (NYSE: ENA and
AIM: ENV and ENVS) have signed a long-term electric motor supply
agreement. Under the five year agreement, Remy will provide its
patented Remy electric motors to Enova for its all-electric drive
systems.
Enova technologies is helping the world's commercial vehicle
manufacturers and their fleet customers ease the transition to
green transportation with complete drive system solutions that are
easy to install and integrate. With more than 2,500 drive systems
sold, deployed and integrated, Enova's clean electric and hybrid
electric vehicle technologies are powering fleets around the
globe.
"We chose Remy's electric motors for their proven durability and
power density. With Enova's reputation for reliability, Remy is a
perfect partner," said Mike Staran,
CEO and President for Enova. "Remy has a strong and deep legacy of
superior engineering and quality. The foundation of our success is
to partner with companies whose innovative solutions set the
standard for greater performance and less dependence on fossil
fuels."
Remy International CEO John Weber
said, "Remy's HVH motors will be a strong addition to Enova's
excellent power systems. We are excited to grow with Enova as
they continue to drive fuel efficiency and reduce or eliminate
tailpipe emissions."
Remy's patented High Voltage Hairpin (HVH) technology's
world-class torque and power density deliver added speed and range
to electric vehicles. Companies like GM, Daimler, Allison
Transmission, and AMP Electric Vehicles have chosen the Remy HVH
electric motor for its superior power density, efficiency and
reliability.
Today, there are more than 90,000 customer-validated Remy motors
on the road. With over two billion kilometers of proven
reliability, Remy's compact HVH electric propulsion motors are
power-dense, lab tested and road proven.
For more details about the HVH250 Series electric motors visit
the Remy website at: http://www.remyinc.com/hvh.asp.
About Remy International, Inc.:
Remy International traces its origins to 1896 when the Remy
Brothers founded a wiring business in Anderson, Indiana. Today, Remy International,
Inc. is a leading global manufacturer and remanufacturer of
alternators, starter motors and electric traction motors,
headquartered in nearby Pendleton.
With global operations across four continents and 10 countries,
Remy International markets products under the Remy® and Delco Remy®
trademarks. Known for innovation, efficiency, quality, and
best-in-class customer service and support, Remy International's
products are integrated by leading industrial, specialty,
automotive and heavy-duty OEMs and aftermarket providers worldwide.
We Start the World & Keep It Running. www.remyinc.com
About Enova:
Enova Systems (NYSE AMEX: ENA and AIM: ENV and ENVS) 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.
Contact: Remy International
Investor Contact: Eric Struik
Struik.eric@remyinc.com
(765) 778-6749
SOURCE Remy International, Inc.