Energy & Engine Technology Corporation Named as Fifth Fastest Growing Public Company in the Dallas-Fort Worth Metroplex

PLANO, Texas, July 19 -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) announces that it was named as the fifth fastest growing public company in the Metroplex by Dallas Business Journal in its July 16 - 22, 2004 issue. The ranking was based on percentage increase in net sales for the most recent fiscal year. EENT came in fifth in the ranking based upon a stated 300% growth in revenue in 2003. The listing also shows EENT with a 194% positive change in net income in the same period. EENT also ranked 212 (tied with two other public companies) among the Largest Metroplex Public Companies, ranked by net sales for the most recent fiscal year.

Upon learning of EENT's listing in the article, EENT's CEO and President, Will McAndrew, said "It is an honor to have been acknowledged by the Dallas Business Journal for our performance in only our second full year of operation. To our knowledge, this is the first time we have made the list, and our third time to be recognized by the Journal. We look forward to remaining on the list for years to come and to having more coverage in the Metroplex's preeminent business publication." EENT was also prominently featured in an article in the December 13-19, 2002 issue of the Dallas Business Journal, entitled "Generator could lower costs for big rigs" and appeared in the "In Short" column in the July 9 - 15, 2004 issue regarding its acquisition of BMZ Generators of Pompano Beach, FL.

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.