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Advanced Engine Technologies Names New Advisory Board Members

21 September 2000

Advanced Engine Technologies Names New Advisory Board Members

    LOS ANGELES, Sept. 21 Advanced Engine Technologies, Inc.
(OTC Bulletin Board: AENG) has announced that former Ford Motor Company
scientists Dr. Roberta Nichols and Dr. Joseph Norbeck have accepted offers
from the Board of Directors to become members of the company's non-voting
advisory board.
    Dr. Nichols is retired from Ford Motor Company, where she worked as a
manager in the development of alternative fuel vehicles for 16 years.  She is
presently working as an engineering/alternative fuel consultant on projects of
interest to her.  The author (or co-author) of more than 60 publications, Dr.
Nichols is the holder of three patents for the Flexible Fuel Vehicle (FFV) and
the recipient of numerous awards from engineering organizations.
    Dr. Norbeck, a former head of the Ford Motor Company chemistry department,
is the founding director of the UCR Bourns College of Engineering Center for
Environmental Research and Technology (CE-CERT).  Staring with just four
graduate students, no budget and no facilities, Norbeck built a functioning,
funded research program dedicated to studying alternative-fuel vehicles,
vehicle fuels, engine development and chemical pollutants.  He has published
more than 65 scientific papers on topics such as atmospheric modeling, vehicle
emissions and advanced vehicle technology.
    AET expects that Dr. Nichols and Dr. Norbeck will continue to oversee and
direct the ongoing OX2 internal combustion engine testing at the University of
California at Riverside.
    Listed alphabetically, AET's Board of Directors includes Mr. Noel Holmes,
Mr. George Hunt, Ms. Alexandria Phillips, and Mr. Carroll Shelby.  Mr. Shelby
has agreed to serve as president of AET while the engine is being evaluated at
the University.  Operational policies and decisions, however, will continue to
be promulgated by the Board of Directors.
    Advanced Engine Technologies recently relocated its headquarters to 1150
W. Olympic Boulevard, Suite 1050, Los Angeles, California 90064.

    Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995
    This release may contain forward-looking statement involving risks and
uncertainties that may cause actual future events or results to differ
materially and adversely from those described in the forward-looking
statements.  Important factors that may cause such a difference for AET
include, but are not limited to, whether our engine products are viable,
whether a market for our products develops, our ability to retain key
management, our ability to hire and retain the technical personnel necessary
to build our products, the availability of funding for future operating
requirements, our ability to effectively predict or react to rapid
technological changes that could render our products obsolete, product
development delays, dependence on suppliers, our potential exposure to product
liability and other tort claims if our products fail, our ability to protect
our intellectual property, intellectual property disputes, and the other
factors discussed in AET filings from time to time with the Securities and
Exchange Commission.  AET cautions that the foregoing list of important
factors is not exclusive.  AET disclaims any obligation to revise or update
any forward-looking statement that may be made from time to time by or on its
behalf.