DeMarco Energy Names New Vice President.

AUSTIN, Texas--(BUSINESS WIRE)--Dec. 18, 1998--DeMarco Energy (NASDAQ: DMES) of Austin, Texas, has named Peter Des Camps as Senior Vice President of Corporate Development.

DeMarco Energy Systems of America Inc. is the nation's leading provider of energy efficient heating and cooling systems. The company's patented technology saves consumers from 30 to 70% in both residential and commercial applications. Des Camps is a former Partner of an Austin-based corporate financial services firm where he served as Director of Corporate Development. Des Camps has been a guest lecturer for the University of Texas MBA program, serves as an advisor to the Round Table for Expert Source, and is a member of the Board of Directors for 4 companies.

"DeMarco Energy is postured in a very desirable position," says Des Camps. "Although the stock has hovered at its current value for more than a year, it is primed for an upward explosion during the next 3-6 months." Des Camps has strategically outlined his first 90 days, focusing initial efforts towards establishing strategic partnerships with vendors providing an additional direct-sales revenue stream, a plan which could impact their annual sales and profitability significantly during the next calendar year.

DeMarco Energy currently produces only one source of revenue through a name brand agreement with Florida Heat Pump. "The patented technology has been unfortunately subjected to a historically stagnant niche heat pump market. By diversifying the income stream, DeMarco Energy is expected to more than double its revenues within the next 6 months," says Des Camps, where sales projections are reported to exceed $10 Million in revenues by fiscal year-end 1999. Although the heat pump market volume has remained moderate over the past three years, government required energy consumption cutbacks have forged a renewed interest in DeMarco Energy Miser Systems.

"DeMarco has patiently waited 14 years for this natural adaptation to occur," says Des Camps. In 1997, the National Energy Conservation Policy Act enacted a mandate requiring a 30% reduction in energy consumption by the year 2005. State, County and Municipal efforts to mirror the reduction requirement has generated for 1998 a 400% increase in inquiries and sales leads for DeMarco Energy's Miser System over 1997.

This press release, as well as other information regarding DeMarco Energy Miser Systems, can be accessed on the DeMarco Energy Internet site at http://www.demarcoenergy.com.