Energy & Engine Technology Corporation Announces Dramatic Increase in Class 8 Truck Sales and Anti Idling Enforcement

PLANO, Texas, June 30 -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) today announced a dramatic increase in American retail sales of Class 8 long haul trucks. According to http://www.ttnews.com/ , in an article dated June 21, 2004, sales for the first 5 months in 2004 exceeded those in 2003 by 44.5% for the same time period. This increase in sales combined with the enforcement outlined below should significantly increase demand for EENT's AXP 1000 product as stricter enforcement continues to apply to a growing number of long haul trucks.

Enforcement is also on the rise. According to the June 28, 2004 online edition of Truckline, the New Jersey Department of Environmental Protection is to commence stepped up enforcement efforts of its anti idling laws against long haul trucks. These laws prohibit idling for more than 3 consecutive minutes when a vehicle is stopped, and fines start at $200 per day for vehicle operators and property owners, with enforcement to be conducted by 75 NJ DEP inspectors statewide, targeting venues where diesel powered vehicles rest when not in motion, from convenience stores to loading areas to public entertainment venues. Connecticut General Statutes Section 22a-174 and Section 22a-174-18(a)(5) of the Regulations of Connecticut State Agencies prohibit idling by diesel trucks for more than 3 minutes. According to Paragraph B. of the Notice of Violation of the Connecticut DEP, fines may be assessed under Section 22a-175 of the Connecticut General Statutes of up to $25,000 per day for each violation. A May 20, 2004 piece in http://www.fleetowner.com/ , entitled "Idling: To Regulate or Not", concludes that the New Jersey DEP and California Air Resources Board favor stricter regulation than currently provided by their respective statutory 3 and 5 minute idling limitations.

About Energy & Engine Technology Corporation (EENT)

EENT (http://www.eent.net/ ), headquartered in Plano, Texas, develops and markets auxiliary power generators for the long haul trucking industry. The Company's common stock is traded on the OTC Bulletin Board under the symbol "EENT".

The Company's flagship product, the AXP 1000, is an idle-reduction technology device, designed for new and retrofit installation on semi truck tractors, that provides power generation without requiring the operation of the truck's engine. Powered by an EPA-approved and CARB-certified engine, the AXP 1000 maintains the truck's battery power while delivering electricity for air conditioning, heating, and the operation of televisions, appliances and other devices, to the sleeper cab, thereby reducing fuel consumption, air/noise pollution and long-term truck maintenance costs. (Instead of the 10-15 gallons of diesel fuel consumed through idling each day, the AXP 1000 consumes approximately 1 gallon of diesel fuel in an equivalent amount of time). The Company is targeting a significant market opportunity created by governmental mandates that limit the aggregate amount of idling time available to long haul truckers. Management believes that Federal and State regulations, along with new and more stringent legislation that became effective in January 2004, have paved the way for a $2.5 billion industry. There are an estimated 500,000 or more Class 8 sleeper trucks currently operating in the U.S., with over 80,000 new Class 8 trucks being produced each year. Management believes that even moderate penetration of the market for anti-idling devices could result in significant sales and earnings for the Company. Anticipated metrics on unit sales suggest that for each 1,000 AXP 1000 units sold (at $5,000 each), the Company should generate gross revenue of approximately $5,000,000.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" 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.

Energy & Engine Technology Corporation

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