From the Desk of the CEO

Dwayne Fosseen, CEO

June 24, 2010

I am proud to have realized the events disclosed in the past two press releases regarding two quality Caterpillar dealers, MacAllister Machinery, Inc.  and Walker Machinery, becoming Mirenco service providers.  It is truly an exciting time for the company as we begin to witness dealer after dealer become Mirenco service providers.  As the company continues to grow it is appropriate that we continue to move forward in preparing ourselves for the future. Our primary goal is to help our customers reduce operation costs and improve combustion through the measurement, repair, and maintenance of an engine's combustion health through our MDEP  service.

In an effort to improve upon the MDEP service Mirenco has been working for several months now on a new advanced set of purpose-built equipment to perform MDEP evaluations.  This new MDEP equipment will provide the field technician with a user-friendly, quicker, and easier to use tool to complete MDEP evaluations.  The new equipment will automate several key processes previously accomplished through manual means. 

Several new features will be included to help improve the MDEP service as well as provide new and valuable information to the customer.  The new MDEP equipment will feature a wireless handheld interface (Fig. 1) which will control a combined 5-Gas and DPM meter (Fig. 2).  The new handheld interface will provide the technician with user-friendly software (Fig. 3) that is designed specifically for MDEP servicing.  A key feature of the new equipment that will help to significantly reduce the time it takes to complete a MDEP evaluation is the addition of RFID tags in order to identify each engine that is evaluated. These RFID tags will be much like the Mirenco stickers in use today by Whayne Supply (Fig. 4) which provide a visual identification of equipment that use Mirenco products and services.  Other features such as voice recording and imaging capability will provide additional tools to technicians in order to help improve the quality and quantity of information that is gathered from each MDEP evaluation.

Figure 1, User Interface	Figure 2, Combined 5-Gas and DPM Meter	Figure 2, User-friendly Software
Figure 4, Mirenco Stickers for Whayne Supply

The new MDEP equipment is on schedule for a prototype to be in the field by July/August with a final version ready for use by customers later this year.  Equipment is currently being used throughout North America by various service providers (Fig. 5) and is expected to significantly grow as Mirenco services are expanded and the new MDEP equipment is fully utilized.  Mirenco has shown an average of 1,000 gallons of fuel savings per year on engines that are adjusted, repaired, or have had products installed as a result of the MDEP service.  That translates into the same amount of work completed each year but with over 1 billion gallons of fuel savings for 1 million MDEP-serviced engines.

Figure 5, MDEP Equipment in Use

Dwayne Fosseen, CEO

Mirenco, Inc.