Mirenco Appoints 2 New Directors To Board

RADCLIFFE, Iowa--Aug. 1, 20033, 2003--Mirenco, Inc., (OTCBB:MREO) is pleased to announce the appointment of two new members to Mirenco's board of directors.

Merlin "Mert" Hanson was appointed to fill the unexpired term of the late Greg DeJong, who died in a helicopter crash this summer. Rich Musal, the current chief financial officer and interim chief operating officer for Mirenco, was appointed to fill the unexpired term of J. Richard Relick, a retired director.

Hanson is a former partner of RSM McGladrey, an international public accounting and business-consulting firm. He was a partner in the firm for 27 years, until his retirement in 1999. He developed expertise in mergers, acquisitions, corporate reorganizations, and strategic planning during his more than 30 years with RSM McGladrey. Hanson served in many management positions and a four-year term on the board of directors of RSM McGladrey.

Hanson, who resides in Des Moines, served on many charitable and economic development organizations, including the Golden Circle Business Center and the Golden Circle Loan Guaranty Fund and was a consultant to the Iowa Department of Economic Development. Hanson has been a dedicated volunteer for Goodwill Industries, serving several terms as treasurer and chairman of the board of Goodwill Industries of Central Iowa. He also served nine years on the national board of Goodwill Industries International, including a term as chairman of the board.

"We are extremely pleased to have Mr. Hanson join Mirenco's board of directors, " said Mirenco CEO Dwayne Fosseen. "Mert brings a wealth of business and financial expertise and will be a strong asset for the board, in fulfilling its oversight duties."

About Mirenco

Mirenco is a Radcliffe, Iowa-based company that specializes in vehicle management technology for reducing emissions, improving fuel economy, and lengthening the service life of heavy-duty diesel vehicles. More information is available at www.mirenco.com, via e-mail at info@mirenco.com or by calling 800.423.9903.

Some of the statements made in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Additional information concerning Mirenco, Inc. can be found within Mirenco's filings with the Securities and Exchange Commission. Statements in this release should be evaluated in light of this additional information.