Mirenco Announces Investment Offering
RADCLIFFE, Iowa--Jan. 3, 20040, 2004--Mirenco, Inc., (OTCBB:MREO) announced an investment offering to acquire $1.25 million. The offering for accredited investors only, was approved by the Board of Directors."Mirenco has invested a significant amount of money in research and development and is aggressively marketing its patented technology and innovative consulting services. In order to pursue the target markets that can substantially benefit from these products and services, funding will be necessary to accelerate this effort and take advantage of the many opportunities that are available," explained Dwayne Fosseen, Mirenco's Chairman and Chief Executive Officer.
Rich Musal, Chief Operating Officer, stated, "The purpose of this offering is to fund our future sales and marketing activities. We have adopted a very aggressive sales plan for the next twelve months, which is intended to establish our DriverMax(R) technology and Combustion Management Program in target markets. Individuals or organizations interested should contact us."
About Mirenco
Mirenco is a Radcliffe, Iowa-based company that specializes in patented vehicle management technology and consultative services for reducing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles. More information is available at www.mirenco.com, or 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.