EENT's AXP 1000 is the Long Haul Trucker's Idle Reduction Solution Which Saves Money, Lives and the Environment.PLANO, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S. -- Energy & Engine Technology Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EENT EENT eye-ear-nose-throat. EENT abbr. eye, ear, nose, and throat EENT eye-ear-nose-throat. ), a leading developer of auxiliary power generators for the long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. trucking industry, announced today that it believes its AXP The brand name Digital gave to its first family of Alpha-based computers. In 1998, Digital was acquired by Compaq. See Alpha. 1000 device is the solution which provides the best potential to save money, lives and the environment. Diesel is topping a whopping $2.75 a gallon, and accident disasters caused by trucks are becoming more visible in an alarming manner. Adding the facts that more than 11 million tons of CO2 and 150 thousand tons of NOX are emitted and over 1.2 billion gallons of diesel fuel are wasted by the 15.3 million long haul trucks in the U.S. every year, the need for a solution to replace idling and allow the truck driver to rest in comfort is at the top of every trucker's list. The AXP 1000 is the centerpiece of EENT's exhibit at the Dallas Great American Truck Show (www.gatsonline.com) from August 25 - 27, 2005 (located in Booth 16025). EENT's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Will McAndrew, will be available to meet with the press at the Booth on August 25th at 2:00 p.m. and on August 26th at 4:15 p.m. The AXP 1000 is a 5kw device designed for new installation or retrofit to semi truck tractors. It provides both heating and cooling for long haul trucks, along with power for other truck cab creature comforts (i.e.: microwave, computer and George Foreman Grill The George Foreman Grill, also known as the George Foreman Lean Mean Fat-Reducing Grilling Machine is a popular indoor grill promoted by well-known boxer, George Foreman. ) while maintaining truck battery charge. The AXP 1000 is the best of the auxiliary power units available on the market in terms of weight (under 350 lbs.), cost ($7,395 retail, installed), ease of maintenance (no belts, pulleys, hoses, alternators or radiators and minor filter maintenance), short time of installation (only unit which can be installed within the federally mandated 10 hour driver rest period) and flexibility of installation location (unique ability to be installed between the rails, in addition to the traditional side rail mount). The AXP 1000 is coupled with EENT's proprietary split unit HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free system, the Over the Road Comfort System (12,000 BTU Btu: see British thermal unit. and 430 CFM air circulation), which maintains the condenser/compressor outside the truck cab with the inside, small evaporator unit available for floor, wall or under the bunk mount, providing the most versatility in the market. EENT's flagship installation facility, capable of installing approximately 80 AXP 1000 units per month, is located in Dallas, and new facilities are being brought on line across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. (initial locations include Salt Lake City and Baltimore). The AXP 1000 is manufactured at EENT's Pompano Beach Pompano Beach (pŏm`pənō), city (1990 pop. 72,411), Broward co., SE Fla., on the Atlantic coast and the Intracoastal Waterway; inc. 1908. It is a resort city with ocean beaches, excellent fishing, and a harness-racing track. , Fla. production facility, and the Over the Road Comfort System is manufactured at its Anchor Manufacturing, Tampa, Fla. facility. Production is proceeding on a consistent and steadily increasing basis at the current rate of 12 units per week which should increase to 25 units per week within the next 60 days. With production on the rise, the Company is making full use of its Pompano Beach and Tampa facilities. As EENT is now through its recently completed 60 unit production run, it has commenced gearing up for the next 300 unit production run, which should yield sufficient product to meet demand through the third quarter. EENT is exploring the use of its patent for the linking of a tracking device to its AXP 1000 to be able to monitor reduced emissions through use of the AXP 1000 rather than idling the main truck engine. EENT has an exclusive strategic alliance with Track Star (see www.trackstar.com) of New Hartford, N.Y. for use of its various tracking systems for that purpose and is the only unit with that ability. EENT will be working to set up the first ever mobile emissions tax credit (MERC See Maximum expected return criterion. Merc See Chicago Mercantile Exchange (CME). ) program in Pennsylvania, and both groups look forward to the potential of utilizing the AXP - Track Star combination as a way to provide a significant boost in the effort to develop MERCs for the AXP 1000 (see www.eent/news/20050727-PR.htm). A MERC program for the AXP 1000 is another way for entities and individuals to profit from use of the EENT technology. Several states, including Texas, have set up or have the administrative ability to set up trading programs for emissions reduction credits. Also, a review of the websites of several known regional investment banks shows that they have departments which act as brokers and/or advisors for MERC and/or other emissions trading programs. EENT's CEO, Will McAndrew, recently commented: "EENT's recent progress in its core business is very exciting. We have created consistent and increasing production and are proving that there is very real demand in the marketplace for our product. I am also excited that revenue has commenced significant increase commensurate with increased sales. Over the next couple of months I look forward to further demand increases and production growing to meet this demand." About EENT EENT (http://www.eent.net), headquartered in Plano, Texas, develops and markets power generation products for the long haul trucking industry and for marine, military and stand alone applications through its BMZ BMZ Bundesministerium Für Wirtschaftliche Zusammenarbeit (German Federal Ministry for Economic Development Cooperation) BMZ Basement Membrane Zone BMZ Big Movie Zone (website) Generators Technology subsidiary. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Energy & Engine Technology Corporation) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Energy & Engine Technology Corporation. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors. |
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