Advanced Engine Technologies Names John Luft as Vice President

    LOS ANGELES, July 11 Advanced Engine Technologies
(OTC Bulletin Board: AENG), manufacturer of the revolutionary OX2 lightweight
internal combustion engine, has named John Luft as Vice President of Marketing
and Business Development.
    In his new position, Mr. Luft is responsible for the day-to-day management
and operations of AET.  These responsibilities include; Liaison between the
AENG's Board of Directors and the inventor, Steven Manthey, oversee all
development and test engineering, oversee SEC, legal, and corporate matters,
manage investor and shareholder relations, global brand development and
positioning, manage all sales, marketing, public relations and advertising
efforts.  Mr. Luft reports directly to the AENG Board of Directors.
    Mr. Luft joins AENG after serving two years at SkyNet Holdings, Inc. as
Sr. Vice President of Global Marketing and Sales and Business Development.
During his tenure, he was responsible for managing the company's global
branding, planning launch strategies for international markets and developing
and implementing all of SkyNet's advertising and promotional initiatives.
     Previously, Mr. Luft spent 13 years with the Hilton Hotels Corporation.
He served at the world headquarters as Director of Global and Strategic
Partnership & Product Development where he was responsible for developing
Hilton's "Hotel of the Future" project as well as helping to bring to market
such innovations as branded business center kiosks, ConCierge Interactive, and
virtual conferencing.  Previously, he spent seven years as Hilton's corporate
director of U.S. Marketing.
    Mr. Luft also worked for the Walt Disney Company as Director of
Resorts/Attractions Marketing at the Walt Disney World (WDW) Resort in
Orlando, Florida.  In that capacity, Mr. Luft developed and executed the
company's annual marketing plan strategy.  He was responsible for resort
revenues, regional, local, and national WDW Resort promotions and helped
design and develop the WDW Resort web site.
    A graduate of the University of Southern California, Los Angeles, Mr. Luft
holds a bachelors degree in Marketing and Speech Communications.
    Developed by Australian inventor Steve Manthey, the Advanced Engine
Technologies' OX2 engine Weighs just 125 pounds, employs only three major
moving parts, and is capable of producing the same torque as a V8 engine found
in larger automobiles.
    Incorporated in 1996 to commercialize the OX2, Advanced Engine
Technologies owns patents for the engine and has undertaken prototype
development toward eventual commercialization.