Energy & Engine Technology Corporation Announces Progress in Its AXP 1000 Marketing and Sales Efforts
PLANO, Texas, March 10 -- EENT (BULLETIN BOARD: EENT) announced today that it has greatly expanded its national manufacturer's representative network, which markets directly to dealerships and fleets, with coverage of 36 states across the U.S. Additionally, it has its first order from a manufacturer's representative contact, for two units. That order has been shipped, to a Sterling dealer, which is awaiting the arrival of trucks for installation. The dealer has verbally agreed to future periodic 11 unit purchases, contingent upon customer satisfaction with the first two units.
EENT also has three outstanding quotations through its network in excess of 200 units. Quotes for these potential orders have been submitted to a Freightliner dealer, a Peterbilt dealer, and a truck fleet within the newly formed network of manufacturer's representatives. EENT's CEO, Will McAndrew, said: "I am very encouraged by the commencement of sales and large quotations through our manufacturer's representative network. This bodes well for our future potential in dealer and fleet sales."
About EENT
EENT (http://www.eent.net/ ), headquartered in Plano, Texas, develops and markets power generation products for the long haul trucking industry and for marine, military and stand alone applications through its BMZ Generators Technology subsidiary.
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.