Enova Systems, Inc. To Attend And Present At The Merriman Capital Investor Summit 2012

Enova Systems, Inc. (NYSE AMEX: ENA) (AIM: ENV) (AIM: ENVS) will attend and present at the Merriman Capital Inc. (OTCQX: MERR) Investor Summit 2012 on Wednesday, February 1 st in New York City. Senior executives from more than 40 innovative, fast-growing U.S. and international companies will present and conduct one-on-one meetings with institutional investors.

The presenting companies represent industries that are growing faster than the overall economy, such as Materials Technology, Clean Energy, Technology and Telecommunications, and Resources, including Precious Metals, Critical Metals and Rare Earths Materials. There will also be a lunchtime keynote panel on investing in Emerging Markets with a focus on Africa.

Company presentations will be held in three tracks throughout the day. Enova Systems, Inc. will present at 9am EST on track two, Union Square Park, with an accompanying live webcast presentation. The webcast can be found at http://bit.ly/wBSmRu and will be archived for 90 days following the live presentation.

Additional detailed information on the conference can be found at http://bit.ly/xvTjwL.

About Enova Systems:

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.

Enova Systems, Inc.1560 West 190th StreetTorrance, CA 90501Tel: 310-527-2800Contact: John Micek, CFO/Investor Relations

About Merriman Capital:

Merriman Capital, Inc. is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. We also provide capital raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the leading investment banking firm for OTCQX companies. For more information, please go to http://www.merrimanco.com/.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/contact.cfm.

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, 2010 and Form 10-Q for the fiscal quarter ended September 30, 2011.

Copyright Business Wire 2010

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